GET DAILY SIGNALSSTAG Industrial (STAG) Delivers Steady Q3 Results and Raises Full-Year Guidance
Key Takeaways
- STAG Industrial reported third quarter 2026 total revenue of $231.0 million, up from $211.1 million a year earlier and above consensus expectations.
- Core FFO (funds from operations, a key earnings measure for REITs) came in at $0.66 per diluted share, matching the Visible Alpha consensus and up 1.5% from $0.65 a year ago.
- Net income attributable to common stockholders rose 45.4% to $70.7 million, or $0.37 per share, beating analyst estimates of $0.27.
- Same-store cash NOI (net operating income) grew 3.5%, while total portfolio occupancy held at 95.9%.
- Management raised full-year 2026 core FFO guidance to $2.64–$2.66 per share and announced a new $250 million share repurchase program.
- For more context, explore STAG Industrial's Major News, Today's Price Move, Price Targets, and Forecast on additional pages.
- You can also explore Trending AI Robots to see how AI-driven trading tools are tracking momentum across the market.
Why These Results Matter
STAG Industrial is a real estate investment trust (REIT) that owns and operates a diversified portfolio of single-tenant industrial properties across the United States. For a REIT, investors pay especially close attention to core FFO and same-store cash NOI, which strip out non-cash items to show the true cash-generating power of the property portfolio. This third quarter report matters because it arrives amid a gradually improving industrial leasing backdrop, with national vacancy stabilizing. Strong rental income growth, healthy occupancy, and rising leasing spreads signal that demand for warehouse and distribution space remains resilient — a positive sign for both current cash flows and the company's dividend, which the board held at $0.3875 per share. I also checked this using Tickeron’s AI Screener to see how the stock compares to others in the industry.
Breaking Down the Quarter
STAG Industrial delivered third quarter 2026 total revenue of $231.0 million, a roughly 9% increase from $211.1 million in the prior-year period. Rental income rose to $230.97 million from $210 million, topping the average analyst estimate of about $226 million. Core FFO reached $0.66 per diluted share, in line with the Visible Alpha consensus and up from $0.65 a year earlier. Net income attributable to common stockholders climbed 45.4% to $70.7 million, or $0.37 per share, exceeding the consensus estimate of $0.27 per share.
Operationally, the quarter showed solid momentum. Same-store cash NOI grew 3.5%, total portfolio occupancy was 95.9%, and operating portfolio occupancy stood at 96.2%. The company commenced 3.6 million square feet of operating portfolio leases with a cash rent change of 23.8%. STAG acquired two buildings for $107.9 million and sold four buildings for $67.9 million. Management also raised its full-year 2026 core FFO guidance to a range of $2.64–$2.66 per share, above the prior $2.61–$2.65 range, and authorized a new share repurchase program of up to $250 million.
Market Reaction and Sentiment
STAG's third quarter results landed broadly in line with expectations on the core FFO measure while revenue came in ahead of consensus, and the raised full-year guidance was the clearest positive signal. The combination of stable occupancy, healthy leasing spreads, and an improved same-store outlook reinforces the narrative of a gradually firming industrial market. Investor attention is likely to center on the updated 2026 core FFO range, which now sits above the consensus midpoint, as well as the new $250 million buyback authorization. Risks to sentiment include any signs of credit loss in the fourth quarter and the potential for elongated lease gestation periods as the year concludes.
Looking Ahead
Following this report, investors will be watching whether STAG can convert its leasing pipeline into sustained cash-flow growth. Management raised its full-year same-store cash NOI growth forecast to 3.5%–3.75%, up from 3.0%–3.5%, while narrowing expected acquisition volume to $530 million–$600 million. These updates suggest confidence in both organic performance and disciplined external growth. On the balance-sheet side, the company continues to emphasize a healthy capital position, which supports its maintained dividend and the newly authorized buyback. Key factors to monitor in coming quarters include leasing spreads on renewals and new leases, tenant retention, and any development of credit loss trends. Industrial vacancy at the national level and its effect on market rent growth will also be important to watch. Finally, the pace of capital deployment through acquisitions and development will help determine whether STAG can keep growing core FFO per share at a steady rate. With 2026 guidance raised and occupancy holding firm, the near-term focus shifts to execution against that guidance and the trajectory of leasing activity heading into 2027. From what I see, this is important because it highlights disciplined capital allocation in a stabilizing sector.
Integrating AI Tools into REIT Analysis
In my own research process, I often turn to Tickeron’s AI Screener to quickly compare industrial REITs on fundamentals, technical patterns, and AI-driven signals. It helps surface peer performance and potential opportunities without sifting through endless data manually. This approach keeps my analysis efficient while staying focused on the metrics that matter most for names like STAG Industrial.
Disclaimer
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Contributor
Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.
STAG in downward trend: price dove below 50-day moving average on October 23, 2026
STAG moved below its 50-day moving average on October 23, 2026 date and that indicates a change from an upward trend to a downward trend. In 31 of 48 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are 65%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 38 of 65 cases where STAG's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 58%.
The Momentum Indicator moved below the 0 level on October 26, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on STAG as a result. In 53 of 89 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 60%.
The 50-day moving average for STAG moved below the 200-day moving average on September 29, 2026. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where STAG declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 54%.
The Aroon Indicator for STAG entered a downward trend on October 19, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for STAG just turned positive on October 12, 2026. Looking at past instances where STAG's MACD turned positive, the stock continued to rise in 22 of 42 cases over the following month. The odds of a continued upward trend are 52%.
Following a +1.62% 3-day Advance, the price is estimated to grow further. Considering data from situations where STAG advanced for three days, in 185 of 316 cases, the price rose further within the following month. The odds of a continued upward trend are 59%.
STAG may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
The Tickeron PE Growth Rating for this company is 52 (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of 58 (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.928) is normal, around the industry mean (2.572). P/E Ratio (27.923) is within average values for comparable stocks, (17.269). Projected Growth (PEG Ratio) (0.640) is also within normal values, averaging (11.190). Dividend Yield (0.043) settles around the average of (0.050) among similar stocks. P/S Ratio (7.974) is also within normal values, averaging (8.208).
The Tickeron Seasonality Score of 65 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Price Growth Rating for this company is 69 (best 1 - 100 worst), indicating slightly worse than average price growth. STAG’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is 79 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is 84 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. STAG’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 88, placing this stock better than average.
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General Information
a real estate investment trust
Industry MiscellaneousManufacturing
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