STAG Industrial Inc (STAG.N) Model Update

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31 Jul 2026 12:33:24 ET │ 12 pages

STAG Industrial Inc (STAG.N)

Model Update

CITI'S TAKE

We are updating our STAG model to reflect 2Q26 earnings and revised

forward expectations for operations, transaction activity, and capital

markets activities. Accordingly, 2026E FFO is lowered to $2.64 from $2.67

and 2027E FFO is lowered to $2.76 from $2.79.

Neutral

Short-Term View: Downside

Price (30 Jul 26 16:00)

US$38.54

Target price

US$40.00

Expected share price return

3.8%

Expected dividend yield

4.0%

Expected total return

7.8%

Market Cap

US$7,431M

Nick JosephAC

Craig Mailman

FFOPS

Q1

Q2

Q3

Q4

FY

FC Cons

VA Cons

2025A

0.61A

0.63A

0.65A

0.66A

2.55A

2026E

0.65A

0.67E

2.64E

Previous

0.65A

0.67E

2.67E

na

2027E

0.66E

0.69E

0.70E

2.76E

2.78E

2.81E

Previous

0.67E

0.70E

0.71E

2.79E

na

2028E

0.70E

0.73E

0.72E

2.88E

2.92E

2.93E

Previous

0.70E

0.74E

0.72E

2.89E

na

Source: Company Reports and dataCentral, Citi Research. FC Cons: First Call Consensus. VA Cons: Visible Alpha Consensus.

Click here for Visible Alpha consensus data