earnings
confidence high
sentiment neutral
materiality 0.70
STAG Industrial Q1 net income $62M ($0.32/sh) down 32% YoY; Core FFO up 6.6% to $0.65
STAG Industrial, Inc.
- Net income attributable to common stockholders fell to $62.0M ($0.32/sh) from $91.3M ($0.49) YoY.
- Core FFO per diluted share rose 6.6% to $0.65, up from $0.61 in Q1 2025.
- Same Store Cash NOI increased 4.1% to $159.3M vs $153.1M a year ago.
- Acquired one building for $80.7M (6.1% cash cap rate); sold one for $30.1M.
- Occupancy 95.1% total portfolio, 96.0% Operating Portfolio; lease retention 69.5%.