secwatch.observer — SEC 8-K summary
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Issuer:     STAG Industrial, Inc. (STAG)
CIK:        0001479094
Form:       8-K
Filed at:   2023-02-15T23:59:59+00:00
Accession:  0001479094-23-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

STAG Industrial Q4 Core FFO $0.55 (+7.8% YoY); Cash NOI $130.1M (+13.7%)
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- Net income $29.7M ($0.17/diluted share) vs $86.2M ($0.50) in Q4 2021; drop due to lower gains.
- Core FFO per diluted share $0.55, up 7.8% YoY; FY 2022 Core FFO $2.21 (+7.3% vs 2021).
- Same Store Cash NOI $104.7M, up 4.5% YoY; Cash Available for Distribution $86.1M, +16.1%.
- Portfolio occupancy 98.5% (operating 99.0%); cash rent change on new leases +14.2%.
- Subsequent to quarter: paid off $100M fixed-rate senior unsecured note on Jan 5, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1479094/000147909423000004/0001479094-23-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1479094/000147909423000004/stag-20230215.htm
  HTML page:      https://secwatch.observer/filing/0001479094-23-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer