NYSE$STAG

STAG Industrial Inc. · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

STAG Industrial's platform strength was demonstrated, driven by increasing demand and strong external growth, leading to upward revisions in the outlook for the remainder of 2021.

STAG Industrial reported a strong second quarter with significant increases in net income, Core FFO, and Cash NOI. The company also completed strategic acquisitions and leasing activities, contributing to an optimistic outlook for the rest of the year.

  • Reported net income per share of $0.20, compared to $0.12 in Q2 2020.
  • Core FFO per diluted share increased by 10.6% to $0.52.
  • Cash NOI increased by 12.6% to $108.8 million.
  • Acquired nine buildings for $126.7 million, consisting of 1.3 million square feet.

Headline financials

Total Revenue

$138M

Previous: $118M+17.7%
EPS (adj)

$0.52

Previous: $0.47+10.6%
Occupancy Rate (Total Portfolio)

96.8%

Previous: 97.0%-0.2%
Capital Expenditures

-$213M

Previous: -$137M-55.1%
Free Cash Flow

-$180M

Previous: -$119M-52.2%
Net Income

$32.7M

Previous: $18.9M+72.7%
Operating Income

$55M

Previous: $81.4M-32.4%
Gross Profit

$113M

Previous: $97.2M+16.3%
Cash & Equivalents

$14.6M

Previous: $102M-85.7%
Total Assets

$4.81B

Previous: $4.28B+12.3%

Revenue & EPS history

STAG · Revenue · Quarterly

$138M

Q2 2021+17.7%vs Q2 2020
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Forward guidance

The increasing demand for space in our portfolio combined with our strong external growth has resulted in upward revisions to our outlook for the remainder of 2021.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

+0.4%

Avg return

Earnings day

+0.5%

Avg return

5 days after

+0.5%

Avg return

30 days after

61%

36 / 59 earnings

Positive

+6.9%

Q4 2015

Best reaction

-6.4%

Q2 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.7%-4.6%-4.3%
Q4 2025-5.0%-2.2%-3.1%
Q3 2025+2.3%+2.4%+4.4%
Q1 2025+0.6%+2.6%+8.3%
Q4 2024+0.9%-0.1%+1.2%
Q3 2024+0.9%-1.6%-0.4%
Q2 2024+1.0%-0.2%-0.8%
Q1 2024+0.5%+1.6%-0.0%
Q4 2023+2.0%+4.3%-0.5%
Q3 2023+1.7%+4.8%+13.4%
Q2 2023-3.0%-5.2%-5.0%
Q1 2023+1.0%+0.1%+2.0%
Q4 2022-1.2%-0.2%-10.2%
Q3 2022+5.2%+5.7%+8.7%
Q2 2022+1.5%+3.5%+1.3%
Q1 2022+1.7%-4.5%-7.6%
Q4 2021-1.5%-2.3%+3.1%
Q3 2021-0.3%-0.8%-2.0%
Q2 2021+2.8%+3.6%+3.2%
Q1 2021-4.3%-0.5%+1.2%
Q4 2020-0.4%+1.5%+4.4%
Q3 2020-1.1%-1.4%-7.6%
Q2 2020+4.0%+3.5%+4.3%
Q1 2020-6.2%-6.6%-0.3%
Q4 2019-1.3%-0.5%-26.9%
Q3 2019+0.3%-0.3%+0.1%
Q2 2019-2.0%-4.1%-3.9%
Q1 2019+2.8%+3.5%+1.8%
Q4 2018+0.2%+1.3%+0.6%
Q3 2018-2.1%-0.9%+1.2%
Q2 2018+3.4%+4.7%+6.9%
Q1 2018+2.8%+3.7%+8.4%
Q4 2017+4.4%+2.4%+3.6%
Q3 2017+3.5%+2.9%+1.3%
Q2 2017-0.0%+1.4%+2.6%
Q1 2017-2.3%-1.7%+2.6%
Q4 2016+1.2%+4.1%+3.8%
Q3 2016-0.8%+2.9%+5.8%
Q2 2016-2.6%-2.8%-2.6%
Q1 2016+0.9%
Q4 2015+6.9%
Q3 2015+2.4%
Q2 2015-6.4%
Q1 2015-1.1%
Q4 2014-1.6%
Q3 2014+2.3%
Q2 2014+1.3%
Q1 2014+0.5%
Q4 2013+0.3%
Q3 2013+0.5%
Q2 2013+0.2%
Q1 2013+0.7%
Q4 2012-0.5%
Q3 2012-0.2%
Q2 2012+0.1%
Q1 2012+2.2%
Q4 2011-0.7%
Q3 2011+2.5%
Q2 2011+5.0%
Q4 2010
Q3 2010
Q2 2010
Q1 2010

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro