Raymond James Upgrades STAG Industrial to Buy

Raymond James has reinstated STAG Industrial with a Buy rating and a $44 price target, a 13.17% upside from the current price.

Editorial illustration for STAG Industrial, Inc. (STAG)

Key Points

  • Raymond James reinstated STAG Industrial with a Buy rating and set a $44 price target on June 18, 2026.
  • Raymond James's $44 price target implies 13.17% upside from STAG Industrial, Inc.'s ($STAG) current $38.88 share price.
  • STAG Industrial's stock trades at $37.27 with a market cap of $7.23 billion and a P/E ratio of 29.3.
  • Insiders recently purchased shares, and analysts have mixed ratings with a consensus price target of $41.30.

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Raymond James has given STAG Industrial, Inc. (NYSE:STAG) a boost by reinstating its rating to 'Buy' and setting a price target of $44. This move, announced on June 18, 2026, suggests confidence in the company's future performance.

Analyst rating track record

Raymond James vs. the S&P 500

YTD return +75.81% hypothetical
All-time return +34.39% S&P 500 +50.56%
vs. S&P 500 -16.17% behind the index

Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.

Other Institutional Activity in STAG Industrial

Several major funds have adjusted their holdings in STAG Industrial recently. BlackRock, Inc. added 852,072 shares, bringing its total to 28,642,789 shares valued at about $1.03 billion. Vanguard Portfolio Management LLC established a position with 16,837,701 shares worth approximately $607.2 million. FMR LLC increased its stake by 677,301 shares, resulting in a total of 14,245,109 shares valued at $513.7 million. Meanwhile, State Street Corp slightly trimmed its holdings by 17,140 shares, maintaining 9,168,502 shares valued at $334.1 million.

STAG Industrial, Inc. Stock Up 4.6%

Shares of STAG Industrial are currently trading at $37.27. The company has a market cap of approximately $7.23 billion and a P/E ratio of 29.3. Its stock has a beta of 0.982, indicating moderate volatility compared to the market. Over the past year, the stock has ranged from $33.72 to $39.99, with a 50-day moving average of $38.26 and a 200-day moving average of $37.76.

12-month forecast

$STAG price target

Past daily closes and this analyst's 12-month price target. Not investment advice.

Recent Earnings

STAG Industrial reported revenue of $863.8 million, reflecting a growth of 9.1%. The company achieved a net margin of 28.3% and a return on equity of 6.9%. Its next earnings report is scheduled for July 28, 2026.

Dividend

The company offers an annual dividend rate of $1.55, yielding 4.03% at current prices. The dividend payout ratio stands at 116.7%, indicating the company returns more to shareholders than it earns.

Insider Buying and Selling at STAG Industrial, Inc.

On April 15, 2026, several insiders, including Hans Weger and Christopher Marr, bought 440 shares each at an average price of $36.86. Other insiders like Larry Guillemette and Michelle Dilley also made purchases, with Guillemette acquiring 949 shares.

Analysts Set New Price Targets

On June 18, 2026, Raymond James reinstated its buy rating for STAG Industrial, setting a price target of $44. Wells Fargo maintained a hold rating with a $40 target on June 1, while Barclays kept a sell rating with a $38 target on May 5. The consensus among analysts is a 'buy' with an average target price of $41.30, based on 10 opinions.

About STAG Industrial

STAG Industrial, Inc. is a real estate investment trust specializing in industrial properties across the United States. Headquartered in Boston, Massachusetts, and led by CEO William R. Crooker, the company owns and operates a portfolio of 601 buildings spread across 41 states, totaling approximately 120 million rentable square feet. Established in 2010, STAG focuses on acquisitions, development, and management of industrial spaces.

Bottom Line

Raymond James's recent upgrade to a 'Buy' rating for STAG Industrial, with a $44 price target, underscores confidence in the company's prospects. STAG's solid market position and steady earnings growth make it a company to watch. Note that 13F filings and analyst ratings are backward-looking and may not reflect current conditions.

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