NYSE$STAG
STAG Industrial Inc. · Q4 2019 earnings
Q4 2019 earnings · · Investor relations
Briefing
STAG Industrial reported mixed results for Q4 2019, with a decrease in net income but growth in core FFO and cash NOI.
STAG Industrial reported a decrease in net income attributable to common stockholders for Q4 2019, but experienced growth in Core FFO and Cash NOI. The company also achieved a high occupancy rate and made significant acquisitions during the quarter.
- Net income attributable to common stockholders decreased to $16.1 million compared to $44.3 million in Q4 2018.
- Core FFO per diluted share increased by 2.2% to $0.47 compared to Q4 2018.
- Cash NOI increased by 21.7% to $89.0 million compared to Q4 2018.
- The company acquired 23 buildings for $455.9 million with a cash capitalization rate of 6.1%.
Headline financials
Revenue & EPS history
STAG · Revenue · Quarterly
$111M
Forward guidance
While the earnings report does not contain specific forward guidance, the CEO's comments suggest a positive outlook for 2020, driven by acquisition volume and internal growth.
Tailwinds
- Record level of acquisition volume achieved.
- Continued acceleration of internal growth.
- Significant momentum entering 2020.
- Raised net proceeds of $311.0 million of equity through a follow-on offering during the first quarter of 2020.
- High occupancy rate maintained.
Headwinds
- Decrease in net income per share compared to the previous year.
- Increased expenses.
- Loss on impairments.
- Total other income decreased.
- Decrease in same store NOI.
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 Q4 2019
+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
| Quarter | Report date | Reaction (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 | — | — | — |
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