STAG Industrial, Inc.

NYSE:STAG Stock Report

Market Cap: US$6.2b

STAG Industrial Valuation

Is STAG undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of STAG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: STAG ($33.94) is trading below our estimate of fair value ($54.06)

Significantly Below Fair Value: STAG is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for STAG?

Key metric: As STAG is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for STAG. This is calculated by dividing STAG's market cap by their current earnings.
What is STAG's PE Ratio?
PE Ratio34.4x
EarningsUS$179.81m
Market CapUS$6.23b

Price to Earnings Ratio vs Peers

How does STAG's PE Ratio compare to its peers?

The above table shows the PE ratio for STAG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average30.9x
FR First Industrial Realty Trust
21.8x-6.1%US$6.9b
TRNO Terreno Realty
35.6x9.0%US$5.9b
EGP EastGroup Properties
34.3x10.3%US$8.0b
REXR Rexford Industrial Realty
31.8x12.4%US$8.8b
STAG STAG Industrial
34.4x3.1%US$6.2b

Price-To-Earnings vs Peers: STAG is expensive based on its Price-To-Earnings Ratio (34.4x) compared to the peer average (30.9x).

Price to Earnings Ratio vs Industry

How does STAG's PE Ratio compare vs other companies in the Global Industrial REITs Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
STAG 34.4xIndustry Avg. 17.6xNo. of Companies9PE01020304050+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: STAG is expensive based on its Price-To-Earnings Ratio (34.4x) compared to the Global Industrial REITs industry average (17.6x).

Price to Earnings Ratio vs Fair Ratio

What is STAG's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

STAG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio34.4x
Fair PE Ratio34.6x

Price-To-Earnings vs Fair Ratio: STAG is good value based on its Price-To-Earnings Ratio (34.4x) compared to the estimated Fair Price-To-Earnings Ratio (34.6x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst STAG forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$33.94
US$41.42
+22.0%
6.3%US$48.00US$38.00n/a12
Dec ’25US$36.79
US$41.55
+12.9%
6.5%US$48.00US$38.00n/a11
Nov ’25US$36.87
US$42.00
+13.9%
6.3%US$48.00US$38.00n/a11
Oct ’25US$38.66
US$42.50
+9.9%
5.3%US$46.00US$39.00n/a12
Sep ’25US$40.58
US$41.85
+3.1%
7.5%US$46.00US$34.00n/a13
Aug ’25US$40.98
US$39.46
-3.7%
7.5%US$46.00US$34.00n/a13
Jul ’25US$35.62
US$39.33
+10.4%
7.5%US$47.00US$34.00n/a12
Jun ’25US$35.06
US$39.27
+12.0%
7.3%US$46.00US$34.00n/a11
May ’25US$34.81
US$39.91
+14.6%
7.0%US$46.00US$34.00n/a11
Apr ’25US$37.64
US$39.90
+6.0%
7.0%US$45.00US$34.00n/a10
Mar ’25US$37.52
US$39.90
+6.3%
7.0%US$45.00US$34.00n/a10
Feb ’25US$37.73
US$38.60
+2.3%
8.0%US$45.00US$34.00n/a10
Jan ’25US$39.26
US$38.10
-3.0%
7.6%US$45.00US$34.00n/a10
Dec ’24US$36.40
US$37.40
+2.7%
4.7%US$40.00US$34.00US$36.7910
Nov ’24US$34.04
US$37.80
+11.0%
5.8%US$42.00US$34.00US$36.8710
Oct ’24US$34.51
US$39.40
+14.2%
5.6%US$42.00US$36.00US$38.6610
Sep ’24US$36.88
US$39.30
+6.6%
5.3%US$42.00US$36.00US$40.5810
Aug ’24US$36.00
US$38.20
+6.1%
8.7%US$42.00US$33.00US$40.9810
Jul ’24US$35.88
US$37.00
+3.1%
7.5%US$42.00US$33.00US$35.6210
Jun ’24US$34.78
US$37.00
+6.4%
7.5%US$42.00US$33.00US$35.0610
May ’24US$33.65
US$36.77
+9.3%
7.5%US$42.00US$33.00US$34.8111
Apr ’24US$33.82
US$36.35
+7.5%
6.9%US$42.00US$33.00US$37.6410
Mar ’24US$32.99
US$36.95
+12.0%
7.2%US$42.00US$33.00US$37.5211
Feb ’24US$35.87
US$36.59
+2.0%
8.4%US$42.00US$33.00US$37.7311
Jan ’24US$32.31
US$36.41
+12.7%
8.7%US$42.00US$33.00US$39.2611
Dec ’23US$32.92
US$36.05
+9.5%
7.4%US$42.00US$33.00US$36.4011

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:05
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

STAG Industrial, Inc. is covered by 27 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nicholas ThillmanBaird
Brendan LynchBarclays
Nathan CrossettBerenberg