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Stag Industrial (NYSE:STAG) Stock, Quote.Headers.trade-ideas

Stag Industrial

Stag Industrial Inc is a real estate investment trust that is involved in the acquisition and operation of both single- and multi-tenant properties, although the majority of the portfolio is single-tenant industrial properties throughout the United States. The vast majority of the company's real estate portfolio is comprised of warehouse and distribution buildings. Stag Industrial derives nearly all of its income in the form of rental income from its portfolio of warehouse and distribution properties. The company generates most of its rental revenue from its facilities located in Midwestern and Eastern U.S. cities. Stag Industrial's customers include air freight and logistics, automotive, and industrial equipment companies in terms of overall revenue.

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Evercore ISI Group analyst Steve Sakwa maintains Stag Industrial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STAG#NYSE">STAG</a>) with a Outperform and raises the price target from $43 to $44.

Price Target

Evercore ISI Group Maintains Outperform on Stag Industrial, Raises Price Target to $44

Throughout the last three months, 5 analysts have evaluated Stag Industrial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STAG#NYSE">STAG</a>), offering a diverse set of opinions from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $42.0, a high estimate of $45.00, and a low estimate of $38.00. This current average reflects an increase of 7.01% from the previous average price target of $39.25. 
<img src="https://www.benzinga.com/files/images/story/2024/1724857249_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Stag Industrial. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Blaine Heck</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$41.00</td>
<td>$37.00</td>
</tr>
<tr>
<td>Brendan Lynch</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$42.00</td>
<td>$38.00</td>
</tr>
<tr>
<td>Richard Anderson</td>
<td>Wedbush</td>
<td>Raises</td>
<td>Outperform</td>
<td>$45.00</td>
<td>$44.00</td>
</tr>
<tr>
<td>Richard Anderson</td>
<td>Wedbush</td>
<td>Raises</td>
<td>Outperform</td>
<td>$44.00</td>
<td>$38.00</td>
</tr>
<tr>
<td>Richard Anderson</td>
<td>Wedbush</td>
<td>Announces</td>
<td>Neutral</td>
<td>$38.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Stag Industrial. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Stag Industrial compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Stag Industrial's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/STAG/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Stag Industrial analyst ratings.</a>
<h2>About Stag Industrial</h2>
Stag Industrial Inc is a real estate investment trust that is involved in the acquisition and operation of both single- and multi-tenant properties, although the majority of the portfolio is single-tenant industrial properties throughout the United States. The vast majority of the company's real estate portfolio is comprised of warehouse and distribution buildings. Stag Industrial derives nearly all of its income in the form of rental income from its portfolio of warehouse and distribution properties. The company generates most of its rental revenue from its facilities located in Midwestern and Eastern U.S. cities. Stag Industrial's customers include air freight and logistics, automotive, and industrial equipment companies in terms of overall revenue.
<h3>A Deep Dive into Stag Industrial's Financials</h3>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Growth: Over the 3 months period, Stag Industrial showcased positive performance, achieving a revenue growth rate of 10.53% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Real Estate sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Stag Industrial's net margin is impressive, surpassing industry averages. With a net margin of 31.48%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Stag Industrial's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 1.78%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Stag Industrial's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.94% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.85.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Peeling Back The Layers: Exploring Stag Industrial Through Analyst Insights

Wells Fargo analyst Blaine Heck maintains Stag Industrial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STAG#NYSE">STAG</a>) with a Equal-Weight and raises the price target from $37 to $41.

Wells Fargo Maintains Equal-Weight on Stag Industrial, Raises Price Target to $41

Barclays analyst Brendan Lynch maintains Stag Industrial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STAG#NYSE">STAG</a>) with a Equal-Weight and raises the price target from $38 to $42.

Barclays Maintains Equal-Weight on Stag Industrial, Raises Price Target to $42

During the last three months, 4 analysts shared their evaluations of Stag Industrial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STAG#NYSE">STAG</a>), revealing diverse outlooks from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $41.5, along with a high estimate of $45.00 and a low estimate of $38.00. This upward trend is apparent, with the current average reflecting a 2.04% increase from the previous average price target of $40.67.
<img src="https://www.benzinga.com/files/images/story/2024/1722891650_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
A clear picture of Stag Industrial's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Richard Anderson</td>
<td>Wedbush</td>
<td>Raises</td>
<td>Outperform</td>
<td>$45.00</td>
<td>$44.00</td>
</tr>
<tr>
<td>Richard Anderson</td>
<td>Wedbush</td>
<td>Raises</td>
<td>Outperform</td>
<td>$44.00</td>
<td>$38.00</td>
</tr>
<tr>
<td>Richard Anderson</td>
<td>Wedbush</td>
<td>Announces</td>
<td>Neutral</td>
<td>$38.00</td>
<td>-</td>
</tr>
<tr>
<td>Brendan Lynch</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$39.00</td>
<td>$40.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Stag Industrial. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Stag Industrial compared to the broader market.</li>
<li>Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Stag Industrial's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Stag Industrial's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/STAG/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Stag Industrial analyst ratings.</a>
<h2>All You Need to Know About Stag Industrial</h2>
Stag Industrial Inc is a real estate investment trust that is involved in the acquisition and operation of both single- and multi-tenant properties, although the majority of the portfolio is single-tenant industrial properties throughout the United States. The vast majority of the company's real estate portfolio is comprised of warehouse and distribution buildings. Stag Industrial derives nearly all of its income in the form of rental income from its portfolio of warehouse and distribution properties. The company generates most of its rental revenue from its facilities located in Midwestern and Eastern U.S. cities. Stag Industrial's customers include air freight and logistics, automotive, and industrial equipment companies in terms of overall revenue.
<h3>Stag Industrial's Financial Performance</h3>
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Stag Industrial's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 10.53%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Real Estate sector.
Net Margin: Stag Industrial's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 31.48%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Stag Industrial's ROE excels beyond industry benchmarks, reaching 1.78%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Stag Industrial's ROA stands out, surpassing industry averages. With an impressive ROA of 0.94%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Stag Industrial's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.85.
<h2>What Are Analyst Ratings?</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

What 4 Analyst Ratings Have To Say About Stag Industrial

Wedbush analyst Richard Anderson maintains Stag Industrial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STAG#NYSE">STAG</a>) with a Outperform and raises the price target from $44 to $45.

Wedbush Maintains Outperform on Stag Industrial, Raises Price Target to $45

Stag Industrial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STAG#NYSE">STAG</a>) reported quarterly earnings of $0.33 per share which beat the analyst consensus estimate of $0.21 by 57.14 percent. The company reported quarterly sales of $186.47 million which missed the analyst consensus estimate of $187.97 million by 0.80 percent. This is a 8.77 percent increase over sales of $171.44 million the same period last year.

Earnings Beats

Earnings Misses

Stag Industrial Q2 2024 Adj EPS $0.33 Beats $0.21 Estimate, Sales $186.47M Miss $187.97M Estimate

Wedbush analyst Richard Anderson upgrades Stag Industrial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STAG#NYSE">STAG</a>) from Neutral to Outperform and raises the price target from $38 to $44.

Upgrades

Wedbush Upgrades Stag Industrial to Outperform, Raises Price Target to $44

Highwoods Properties&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hiw#NYSE">HIW</a>) is well-positioned to benefit from the growing demand for its premier office properties concentrated in high-growth Sun Belt markets. Its disciplined capital-recycling program and accretive development projects are other tailwinds. A healthy balance sheet position augurs well for long-term growth. However, competition from other industry players and elevated interest rates pose concerns for the company.
<h3>What&#39;s Aiding HIW?</h3>
Highwoods has a large part of its portfolio concentrated in high-growth Sun Belt markets, and the company is poised to benefit from this portfolio focus. These markets exhibit promising long-term favorable demographic trends and are expected to continue experiencing above-average job growth. HIW also has a well-diversified tenant base that includes several industry bellwethers. These factors are expected to support its rent growth over the long term.
Highwoods is seeing a recovery in demand for its high-quality and well-placed office properties, as highlighted by a rebound in new leasing volume. The company leased 922,167 square feet of second-generation office space in the first quarter of 2024, including 422,889 square feet of new leases.
With the next cycle of office space demand likely to be driven by inbound migration and significant investments announced by office occupiers to expand their footprint in the Sun Belt regions, as well as additional hiring plans in the company&#39;s markets, this REIT is likely to experience healthy demand for its properties, boosting leasing activity. Also, the rise in the number of tenants returning to offices will act as a tailwind.
The company maintains a healthy balance sheet, with no consolidated debt maturities until the second quarter of 2026. As of Apr 16, 2024, it had around $17 million of available cash and $10 million drawn on its $750 million revolving credit facility.
It enjoyed investment-grade ratings of BBB/Baa2 from S&amp;P and Moody&#39;s as of the end of the first quarter of 2024, rendering it access to the debt market at favorable rates. Hence, with sound financial footing, Highwoods seems well-positioned to capitalize on long-term growth opportunities.
<h3>What&#39;s Hurting HIW?</h3>
The overall office demand in some markets is likely to remain subdued in the near term. Further, higher development activities across Highwoods&#39; markets are likely to result in new supply in the upcoming period. This is likely to affect its ability to backfill vacated space and strain occupancy levels of its office properties. Management anticipates average occupancy to lie in the range of 87-89% in 2024. It also expects that occupancy will trough in the first half of next year.
A high interest rate is another concern for HIW. Elevated rates imply high borrowing costs for the company, affecting its ability to purchase or develop real estate. As of Mar 31, 2024, it had a substantial debt burden, and its net debt was approximately $3.31 billion. With high interest rates still in place, the dividend payout may seem less attractive than the yields on fixed-income and money market accounts.
Over the past three months, shares of this Zacks Rank #3 (Hold) company have rallied 22.0% against the&nbsp;industry&#39;s growth of 14.6%. The Zacks Consensus Estimate for Highwoods&#39; second-quarter 2024 FFO per share has decreased marginally over the past month to 90 cents. HIW is slated to release quarterly numbers on Jul 23 after the closing bell.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/b2/71650.jpg?v=1189437788" />
Image Source: Zacks Investment Research
<h3>Stocks to Consider</h3>
Some better-ranked stocks from the broader REIT sector are&nbsp;Americold Realty Trust (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cold#NYSE">COLD</a>) and&nbsp;Stag Industrial (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/stag#NYSE">STAG</a>), each carrying a Zacks Rank #2 (Buy).
The Zacks Consensus Estimate for Americold Realty Trust&#39;s 2024 funds from operations (FFO) per share has moved marginally northward over the past month to $1.44.
The Zacks Consensus Estimate for Stag Industrial&#39;s 2024 FFO per share has moved marginally northward over the past week to $2.39.
Note:&nbsp;Anything related to earnings presented in this write-up represents funds from operations (FFO), a widely used metric to gauge the performance of REITs.
<a href="https://www.zacks.com/stock/news/2303585/why-should-you-retain-highwoods-hiw-stock-in-your-portfolio?cid=CS-BENZ-FT-analyst_blog|zer_report_update-2303585">To read this article on Zacks.com click here.</a>

Stag Industrial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STAG#NYSE">STAG</a>) has outperformed the market over the past 5 years by 6.78% on an annualized basis producing an average annual return of 20.33%. Currently, Stag Industrial has a market capitalization of $6.91 billion. 
Buying $1000 In STAG: If an investor had bought $1000 of STAG stock 5 years ago, it would be worth $2,520.87 today based on a price of $37.95 for STAG at the time of writing.
<h3>Stag Industrial's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721068241_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

If You Invested $1000 In This Stock 5 Years Ago, You Would Have $2,500 Today

To capitalize digital transformations, Digital Realty (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dlr#NYSE">DLR</a>) recently announced the acquisition of a colocation data center in the Slough Trading Estate for $200 million.
The purchase signifies the company&#39;s entry into the west London submarket and enhances current colocation services in the City and Docklands. It comes as a part of the DLR&#39;s efforts to improve its global data center platform, PlatformDIGITAL.
The campus boasts two separate data centers with a combined capacity of 15 megawatts, superior connectivity and space for potential expansion. The Slough data center campus serves as a well-established hub for a network of more than 150 customers, encompassing a wide range of connectivity providers, technology firms and financial services companies, with more than 2,000 cross-connects in use.
Moreover, along with the integration into Digital Realty&#39;s current Metro Connect solution, which enables smooth connectivity between its six campuses in Greater London, customers will also gain access to Digital Realty&#39;s open interconnection and orchestration platform, ServiceFabric. These improvements will offer customers access to a secure, dynamic and global data exchange network, allowing them to effectively manage and expand their digital operations.
Per S&eacute;amus Dunne, MD of Digital Realty in the United Kingdom and Ireland, &quot;As the U.K. solidifies its position as Europe&#39;s premier technology hub, this acquisition enhances our ability to support customers as they grow and scale, further establishing our presence in this vital market.&quot;
The acquisition enhances Digital Realty&#39;s presence in a key market and reinforces the company&#39;s dedication to sustainability. In line with Digital Realty&#39;s sustainability efforts, the Slough data center campus will run on renewable energy. This reflects the company&#39;s initiative to match all energy consumption in its European portfolio with renewable sources and its aim of achieving carbon neutrality for its European portfolio by 2030.
In conclusion, DLR&#39;s acquisition of a data center campus in Slough positions the company for accelerated growth in the data center market. As data centers experience unprecedented demand growth, this acquisition offers scope to capitalize on the significant opportunities presented by the evolving digital landscape.
Shares of this Zacks Rank #3 (Hold) company have gained 9.2% in the past three months, outperforming the industry&#39;s growth of 3.7%.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/3c/71139.jpg?v=798724342" />
Image Source: Zacks Investment Research
<h3>Stocks to Consider</h3>
Some better-ranked stocks from the REIT sector are Iron Mountain (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/irm#NYSE">IRM</a>) and Stag Industrial (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/stag#NYSE">STAG</a>), each carrying a Zacks Rank #2 (Buy) at present.
The Zacks Consensus Estimate for IRM&#39;s 2024 FFO per share stands at $4.45, indicating an increase of 8% from the year-ago reported figure.
The Zacks Consensus Estimate for STAG&#39;s 2024 FFO per share is pinned at $2.38, suggesting year-over-year growth of 3.9%.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO), a widely used metric to gauge the performance of REITs.
<a href="https://www.zacks.com/stock/news/2300263/digital-realty-dlr-acquires-data-center-campus-in-slough?cid=CS-BENZ-FT-analyst_blog|company_news_finance_sector-2300263">To read this article on Zacks.com click here.</a>

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our <a href="https://www.benzinga.com/analyst-ratings/">analyst ratings page</a>.
<ul>
<li>Wolfe Research analyst Devin Brisco initiated coverage on Spotify Technology S.A. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) with an Outperform rating, while announcing a price target of $390. Spotify shares fell 1.3% to close at $300.98 on Thursday. <a href="https://www.benzinga.com/quote/SPOT/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Jefferies analyst Corey Tarlowe initiated coverage J.Jill, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JILL#NYSE">JILL</a>) with a Buy rating and announced a price target of $44. on J.Jill shares rose 5.8% to close at $36.65 on Thursday. <a href="https://www.benzinga.com/quote/JILL/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Wedbush analyst Richard Anderson initiated coverage on STAG Industrial, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STAG#NYSE">STAG</a>) with a Neutral rating, while announcing a price target of $38. Stag Industrial shares gained 2.9% to close at $37.33 on Thursday. <a href="https://www.benzinga.com/quote/STAG/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Oppenheimer analyst Michael Phillips initiated coverage on Kinsale Capital Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KNSL#NYSE">KNSL</a>) with a Perform rating. Kinsale Capital shares rose 1.6% to settle at $381.83 on Thursday. See how other analysts view this stock. <a href="https://www.benzinga.com/quote/KNSL/analyst-ratings">See how other analysts view this stock.</a></li>
<li>BTIG analyst Marvin Fong initiated coverage on Carvana Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>) with a Buy rating, while announcing a price target of $155. Carvana shares fell 0.8% to close at $129.93 on Thursday. <a href="https://www.benzinga.com/quote/CVNA/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Check This Out: 
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<li><a href="https://www.benzinga.com/news/24/07/39747011/top-2-energy-stocks-that-may-fall-off-a-cliff-this-quarter">Top 2 Energy Stocks That May Fall Off A Cliff This Quarter</a></li>
</ul>

Wedbush analyst Richard Anderson initiates coverage on Stag Industrial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STAG#NYSE">STAG</a>) with a Neutral rating and announces Price Target of $38.

Wedbush Initiates Coverage On Stag Industrial with Neutral Rating, Announces Price Target of $38

During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a<a href="https://www.benzinga.com/yield-investments"> high dividend payout</a>. 
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Ratings</a> page. Traders can sort through Benzinga's extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">by analyst accuracy</a>.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the real estate sector.
<h3 class="wp-block-heading">Camden Property Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPT#NYSE">CPT</a>)</h3>
<ul>
<li>Dividend Yield: 3.83%</li>
<li>Truist Securities analyst Michael Lewis maintained a Buy rating and raised the price target from $114 to $122 on June 24. This analyst has an accuracy rate of 66%.</li>
<li>JP Morgan analyst Anthony Paolone maintained a Neutral rating and increased the price target from $104 to $112 on June 17. This analyst has an accuracy rate of 68%.</li>
<li>Recent News: On June 14, Camden Property Trust declared a second quarter cash dividend of $1.03 per share.</li>
<li>Benzinga Pro's real-time newsfeed <a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent070524&amp;t=be2bearmibe3na1">alerted to latest CPT's news</a></li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent070524&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="685" height="741" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/05051641/Screenshot-2024-07-05-at-2.46.29-PM.png" alt="" class="wp-image-420856" style="width:457px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/05051641/Screenshot-2024-07-05-at-2.46.29-PM.png 685w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/05051641/Screenshot-2024-07-05-at-2.46.29-PM-277x300.png 277w" sizes="(max-width: 685px) 100vw, 685px" /></a></figure>
<h3 class="wp-block-heading">Equity Residential (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQR#NYSE">EQR</a>)</h3>
<ul>
<li>Dividend Yield: 4.00%</li>
<li>Truist Securities analyst Michael Lewismaintained a Buy rating and raised the price target from $67 to $73 on June 24. This analyst has an accuracy rate of 66%.</li>
<li>JP Morgan analyst Anthony Paolonemaintained a Neutral rating and increased the price target from $66 to $68 on June 17. This analyst has an accuracy rate of 68%.</li>
<li>Recent News: Equity Residential said it will release its second quarter 2024 operating results on Monday, July 29, after the closing bell.</li>
<li><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent070524&amp;t=be2bearmibe3na1">Benzinga Pro's charting tool</a> helped identify the trend in EQR's stock.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent070524&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="688" height="753" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/05051723/Screenshot-2024-07-05-at-2.47.17-PM.png" alt="" class="wp-image-420858" style="width:427px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/05051723/Screenshot-2024-07-05-at-2.47.17-PM.png 688w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/05051723/Screenshot-2024-07-05-at-2.47.17-PM-274x300.png 274w" sizes="(max-width: 688px) 100vw, 688px" /></a></figure>
<h3 class="wp-block-heading">STAG Industrial, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STAG#NYSE">STAG</a>)</h3>
<ul>
<li>Dividend Yield: 4.10%</li>
<li>Baird analyst David Rodgers downgraded the stock from Outperform to Neutral but raised the price target from $38 to $41 on Jan 5. This analyst has an accuracy rate of 62%.</li>
<li>Raymond James analyst William Crow maintained an Outperform rating and cut the price target from $39 to $37 on Oct. 31, 2023. This analyst has an accuracy rate of 74%.</li>
<li>Recent News: STAG Industrial said it will release its second quarter 2024 operating and financial results after the closing bell on Tuesday, July 30.</li>
<li>Benzinga Pro's signals feature notified of a potential <a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent070524&amp;t=be2bearmibe3na1">breakout in STAG's shares</a>.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent070524&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="673" height="747" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/05051800/Screenshot-2024-07-05-at-2.47.54-PM.png" alt="" class="wp-image-420860" style="width:410px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/05051800/Screenshot-2024-07-05-at-2.47.54-PM.png 673w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/05051800/Screenshot-2024-07-05-at-2.47.54-PM-270x300.png 270w" sizes="(max-width: 673px) 100vw, 673px" /></a></figure>
Check This Out: <a href="https://www.youtube.com/watch?v=pVF0O2lsEH4">How to Find Dividend Stocks: Scan, Analyze, and Capture with Benzinga Pro</a>
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
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<iframe loading="lazy" title="How to Find Dividend Stocks: Scan, Analyze, and Capture with Benzinga Pro" width="500" height="281" src="https://www.youtube.com/embed/pVF0O2lsEH4?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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</figure>

Wall Street's Most Accurate Analysts Spotlight On 3 Real Estate Stocks Delivering High-Dividend Yields

Industrial real estate investment trusts (REITs) own and manage income-generating industrial properties, such as warehouses, distribution centers, logistics facilities, and manufacturing plants. Industrial REITs generate income by leasing the properties.
Investors in industrial REITs can benefit from the demand for space in the logistics and manufacturing sectors. The growth of e-commerce and the need for efficient supply chain management have contributed to the growth of the space in recent years. Similar to other REITs, industrial REITs are required to distribute a significant portion of their income to shareholders in the form of dividends.
If you're interested in investing in industrial REITs, here are two you could buy today.
<h2 class="wp-block-heading">Stag Industrial</h2>
Stag Industrial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STAG#NYSE">STAG</a>) owns and operates <a href="https://s23.q4cdn.com/763235638/files/doc_presentations/2024/05/STAG-Industrial-Spring-Investor-Presentation-5-7-2024.pdf">570</a> industrial properties in 41 states containing approximately 113 million square feet as of March 31. It counts Amazon and FedEx as two of its largest tenants.
<h2 class="wp-block-heading">Don't Miss:</h2>
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<li>A new fund backed by Jeff Bezos offers a 7-9% target yield with monthly dividends.<a href="https://www.benzinga.com/money/arrived-private-credit-fund"> Here&#8217;s how you can invest today.</a></li>
<li>Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." These<a href="https://www.benzinga.com/real-estate/23/05/32554601/want-to-grow-your-wealth-passively-these-high-yield-real-estate-notes-might-be-your-holy-grail"> high-yield real estate notes that pay 7.5% &#8211; 9%</a> make earning passive income easier than ever.</li>
</ul>
Stag pays a monthly dividend of $0.123333 per share, equating to an annualized dividend of $1.48 per share, which gives its stock a yield of about 4.2% at the time of this writing.&nbsp;
On top of offering a high yield, Stag is a dividend-growth superstar. It has raised its annual dividend every year since its 2011 initial public offering, putting it on pace for 2024 to mark the 13th consecutive year in which it has raised its annual dividend payment.
<h2 class="wp-block-heading">Terreno Realty Corporation</h2>
Terreno Realty Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRNO#NYSE">TRNO</a>) owns and manages a portfolio of <a href="https://s23.q4cdn.com/519627146/files/doc_presentations/2024/May/08/2024-Q1.pdf">290</a> industrial properties containing approximately 17.4 million square feet across six major coastal U.S. markets &#8211; Seattle, the San Francisco Bay Area, Los Angeles, Miami, Washington D.C., and Northern New Jersey / New York City.
Terreno currently pays a quarterly dividend of $0.45 per share, equating to an annualized dividend of $1.80 per share, which gives its stock a yield of about 3.2% at the time of this writing.&nbsp;
Like Stag, Terreno is a dividend-growth superstar. It has raised its dividend every year since paying its first dividend in 2011, putting it on track for 2024 to mark the 13th consecutive year with an increase.
<h2 class="wp-block-heading">Read Next:</h2>
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<li>Private credit offers up to <a href="https://www.benzinga.com/money/percent">20% APY to potential accredited investor</a>s looking to capitalize on this growing asset class.</li>
<li>Miami is expected to take New York's place as the U.S. Financial Capital. <a href="https://www.benzinga.com/money/miami-take-new-yorks-place-financial-capital">Here's how you can invest in the city with as little as $500</a> before that happens.</li>
</ul>
Image Credit: Shutterstock

TRNO

These High-Yield Industrial REITs Have Long Track Records of Dividend Growth

Barclays analyst Brendan Lynch maintains Stag Industrial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STAG#NYSE">STAG</a>) with a Equal-Weight and lowers the price target from $40 to $39.

Barclays Maintains Equal-Weight on Stag Industrial, Lowers Price Target to $39

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a <a href="https://www.benzinga.com/yield-investments">high dividend payout</a>.
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Ratings</a> page. Traders can sort through Benzinga's extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">by analyst accuracy</a>.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the real estate sector.
<h3 class="wp-block-heading">Equity Residential (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQR#NYSE">EQR</a>)</h3>
<ul>
<li>Dividend Yield: 4.00%</li>
<li>Evercore ISI Group analyst Steve Sakwa downgraded the stock from Outperform to In-Line with a price target of $70 on May 13. This analyst has an accuracy rate of 60%.</li>
<li>Wedbush analyst Richard Anderson reiterated a Neutral rating with a price target of $68 on April 29. This analyst has an accuracy rate of 67%.</li>
<li>Recent News: On April 23, Equity Residential posted better-than-expected quarterly earnings.</li>
</ul>
<h3 class="wp-block-heading">STAG Industrial, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STAG#NYSE">STAG</a>)</h3>
<ul>
<li>Dividend Yield: 4.08%</li>
<li>RBC Capital analyst Michael Carrollmaintained a Sector Perform and raised the price target from $39 to $40 on Feb. 16. This analyst has an accuracy rate of 60%.</li>
<li>Baird analyst David Rodgersdowngraded the stock from Outperform to Neutral and increased the price target from $38 to $41 on Jan. 5. This analyst has an accuracy rate of 62%.</li>
<li>Recent News: On April 30, Stag Industrial posted upbeat quarterly results.</li>
</ul>
<h3 class="wp-block-heading">CubeSmart (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CUBE#NYSE">CUBE</a>)</h3>
<ul>
<li>Dividend Yield: 4.74%</li>
<li>Evercore ISI Group analyst Steve Sakwamaintained an In-Line rating and increased the price target from $43 to $45 on March 4. This analyst has an accuracy rate of 60%.</li>
<li>Truist Securities analyst Ki Bin Kimmaintained a Hold rating and raised the price target from $43 to $46 on Dec. 28, 2023. This analyst has an accuracy rate of 63%.</li>
<li>Recent News: On April 25, CubeSmart posted upbeat quarterly sales.</li>
</ul>
Read More: <a href="https://www.benzinga.com/news/24/05/38844468/jim-cramer-this-industrial-company-is-absolutely-terrific-recommends-buying-modine-manufacturing">Jim Cramer: This Industrial Company Is &#8216;Absolutely Terrific&#8217;, Recommends Buying Modine Manufacturing</a>

Dividends

Pre-Market Outlook

CUBE

Wall Street's Most Accurate Analysts Say Hold These 3 Real Estate Stocks Delivering High-Dividend Yields

Stag Industrial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STAG#NYSE">STAG</a>) reported quarterly Core FFO of $0.59 per share which beat the analyst consensus estimate of $0.58 by 1.72 percent. The company reported quarterly Rental Income of $187.402 million which beat the analyst consensus estimate of $183.842 million by 1.94 percent. This is a 8.16 percent increase over sales of $173.268 million the same period last year.

Stag Industrial Q1 2024 Core FFO $0.59 Beats $0.58 Estimate, Rental Income $187.402M Beat $183.842M Estimate

Real estate stocks slid at Wednesday&#8217;s market open, weighed down by the latest disappointing data on housing starts and a spike in mortgage rates, darkening the <a href="https://www.benzinga.com/real-estate">outlook for the sector.</a>
By 9:00 a.m. EST, the Real Estate Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLRE#NYSE">XLRE</a>) had dropped by 0.3%. This marked its fourth consecutive day of losses and set a course for its lowest close since the end of November 2023. 
The fund has also slipped below its 200-day moving average, a critical long-term benchmark, signaling that investor sentiment has turned negative.
The average interest rate for 30-year fixed-rate mortgages with loan balances up to $766,550 climbed by 12 basis points to 7.13% for the week ending Apr. 12, 2024, according to the latest figures from the Mortgage Bankers Association. This rate is the highest recorded since early December.
On Wednesday, the yield on a 30-year Treasury bond, a key benchmark for long-term mortgage rates, traded at 4.75%, at the highest since mid-November 2023, as Fed Chair Powell admitted that there has been a lack of progress in the disinflation trend. 
Read also: <a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/24/04/38278182/powell-delays-fed-rate-cuts-we-need-greater-confidence-in-inflation-2-year-yields-spik">Powell Delays Fed Rate Cuts, Says &#8216;We Need Greater Confidence In Inflation&#8217;: 2-Year Yields Spike To 5%</a>
Chart: Real Estate Stocks Fall Below Key Long-Term Moving Average As Inflation Bites Again
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="495" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/17102612/image-116-1024x495.png" alt="" class="wp-image-296075" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/17102612/image-116-1024x495.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/17102612/image-116-300x145.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/17102612/image-116-768x372.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/17102612/image-116-1536x743.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/17102612/image-116.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
<h3 class="wp-block-heading">Weaknesses In Multifamily Segment Continue</h3>
Joel Kan, MBA's Vice President and Deputy Chief Economist, explained the rise in rates, stating, &#8220;Rates increased for the second consecutive week, driven by incoming data indicating that the economy remains strong and inflation is proving tougher to bring down.&#8221;
Despite the uptick in mortgage rates, there was a 3.3% week-over-week increase in the Market Composite Index, which measures mortgage loan application volume.
Kan further noted, &#8220;Application activity picked up, possibly as some borrowers decided to act in case rates continue to rise. Purchase applications were the primary driver of this increase, although they are still about 10% lower than last year's levels. There was a slight uptick in refinance applications, mainly due to a 3% rise in conventional applications.&#8221;
Chart: US 30-Year Mortgage Rates Rose To The Highest Level Since Late November 
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="495" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/17103028/image-117-1024x495.png" alt="" class="wp-image-296087" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/17103028/image-117-1024x495.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/17103028/image-117-300x145.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/17103028/image-117-768x372.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/17103028/image-117-1536x743.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/17103028/image-117.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
The real estate market&#8217;s challenges are linked to affordability and a shrinking availability as the supply of new homes falls. 
Andrew Foran, an economist at Toronto Dominion Securities, commented on the trend in home building, &#8220;Homebuilding activity moderated in March as weakness in the multifamily segment persisted and the single-family segment gave back most of its considerable gain from the prior month.&#8221;
Data revealed a 14.7% month-over-month decline in housing starts in March, with the figures dropping to 1.32 million annualized units, significantly below the anticipated 1.49 million.
Both the single-family and multifamily sectors experienced declines, with single-family starts down by 12.4% (or 145,000 units) and multifamily starts plummeting by 21.7% (or 83,000 units). This retreat in multifamily starts marked the lowest level since April 2020.
Additionally, residential permits decreased more than expected in March, falling by 4.3% month-over-month to 1.46 million annualized units. This included a 5.7% drop in single-family permits—the first decline in fifteen months—and a 1.2% reduction in multifamily permits.
<h3 class="wp-block-heading">Rising &amp; Falling</h3>
The weakest performers among real estate stocks with a market cap of at least $1 billion on Wednesday were:
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Name</th>
<th>1-day %chg</th>
</tr>
</thead>
<tbody>
<tr>
<td>Prologis, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>)</td>
<td>-6.55%</td>
</tr>
<tr>
<td>First Industrial Realty Trust, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FR#NYSE">FR</a>)</td>
<td>-3.33%</td>
</tr>
<tr>
<td>STAG Industrial, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STAG#NYSE">STAG</a>)</td>
<td>-2.89%</td>
</tr>
<tr>
<td>EastGroup Properties, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EGP#NYSE">EGP</a>)</td>
<td>-2.89%</td>
</tr>
<tr>
<td>Rexford Industrial Realty, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/REXR#NYSE">REXR</a>)</td>
<td>-2.35%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 09:20 a.m. EDT </figcaption></figure>
Those showing the highest gains were: 
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Name</th>
<th>1-day %chg</th>
</tr>
</thead>
<tbody>
<tr>
<td>SL Green Realty Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLG#NYSE">SLG</a>)</td>
<td>3.18%</td>
</tr>
<tr>
<td>Opendoor Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OPEN#NYSE">OPEN</a>)</td>
<td>2.55%</td>
</tr>
<tr>
<td>Medical Properties Trust, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MPW#NYSE">MPW</a>)</td>
<td>2.49%</td>
</tr>
<tr>
<td>eXp World Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EXPI#NYSE">EXPI</a>)</td>
<td>2.32%</td>
</tr>
<tr>
<td>Vornado Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VNO#NYSE">VNO</a>) </td>
<td>2.25%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 09:20 a.m. EDT </figcaption></figure>
Now Read: <a href="https://www.benzinga.com/money/best-reits">Best REITs to Buy in April</a>
Image: Midjourney

Analyst Color

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Macro Economic Events

Mid Cap

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Small Cap

Econ #s

Economics

Federal Reserve

ETFs

EXPI

OPEN

REXR

XLRE

Real Estate Stocks Fall As Mortgage Rates Rise To 4-Month Highs: 'Inflation Is Proving Tougher To Bring Down'

Investing in REITs provides investors exposure and diversification as they offer regular income stream and potential for long-term gains. Thus, it could be wise to consider fundamentally sound dividend stocks Realty Income (O), STAG Industrial (STAG), and EPR Properties (EPR) for substantial gains. Read on… Despite the solid real GDP growth of 2.8% in the second quarter, compared to an only 1.4% growth in the first quarter of 2024, the U.S. economy continues to grapple with slow growth rate due to lower consumer spending and uncertain geopolitical conditions.
So, investors seeking monthly dividends could consider sound dividend REITs Realty Income Corporation (<a href="https://stocknews.com/stock/O/">O</a>), STAG Industrial, Inc. (<a href="https://stocknews.com/stock/STAG/">STAG</a>), and EPR Properties (<a href="https://stocknews.com/stock/EPR/">EPR</a>) for a stable income stream.
Despite easing inflation, the U.S. economy continues to be on the fences in terms of growth. Owing to rising prices and elevated interest rates sap domestic demand, the economy is projected to lose momentum in the second half of 2024. Its <a href="https://www.conference-board.org/research/us-forecast">real GDP growth of 2.8%</a> quarterly annualized in second quarter of 2024, fueled by stronger domestic demand and a growth in inventories.
However, certain signs of weakness continue to linger, such as lower consumer spending on services. Also, there are chances that consumers and businesses are likely to carry on with cutting spending and investments ahead, bringing economic growth decelerated to 0.6% annualized in third quarter of 2024.
Further, the recent <a href="https://apnews.com/article/inflation-prices-rates-economy-federal-reserve-biden-8d15ca77433a1ae072a1e63dfc089f24">inflation readings in the United States</a> suggest that the highest price spike phase is eventually fading and may result in interest rate cuts by the Federal Reserve soon.
With these uncertain economic trends, investing in monthly dividend stocks appears promising for investors looking for regular income streams. Dividend stock companies are entities which pay returns to the shareholders regularly which usually increase as companies grow. These stocks offers multifaceted advantage through quarterly payouts and capital appreciation.
Further, investors can pick segment REITs like <a href="https://www.reit.com/what-reit/reit-sectors/retail">Retail REITs</a> and <a href="https://www.reit.com/what-reit/reit-sectors/industrial">Industrial REITs</a> which own and manage retail real estate and industrial facilities and rent space in those properties to tenants. They invest in a variety of properties and yield high returns for the investors in the form of <a href="https://www.reit.com/investing/investment-benefits-reits/reits-and-dividend-income">regular dividends</a> as they are mandated to distribute at least 90% of their taxable income.
With that in mind, let's dig deeper into the fundamentals of the above-mentioned dividend-paying stocks in detail:
Realty Income Corporation (<a href="https://stocknews.com/stock/O/">O</a>)
O is an S&amp;P 500 company and member of the S&amp;P 500 Dividend Aristocrats index. It invests in people and places to deliver dependable monthly dividends which increases over time. The company is structured as a REIT, and its monthly dividends are supported by the cash flow from over 15,450 real estate properties.
On August 15, O declared its 650th consecutive common stock monthly dividend. The dividend sum of $0.26 per share is payable on September 13, 2024 to stockholders of record as of September 3, 2024.
The company also declared a quarterly cash dividend of $0.37 per share to holders of its 6.00% Series A Cumulative Redeemable Preferred Stock. The dividend is payable on September 30, 2024, to preferred stockholders of record as of September 13, 2024.
O's annual dividend of $3.16 translates to a yield of 5.19% at the current share price. Its four-year average dividend yield is 4.74%. Moreover, the company's dividend payouts have increased at a CAGR of 4.3% over the past three years. Realty has raised its dividends for 26 consecutive years.
During the second quarter that ended June 30, 2024, O's total revenue increased 31.4% year-over-year to $1.34 billion. Net income available to common stockholders of $256.80 million, reflects growth of 31.4% year-over-year and its net income per share was $0.29.
In addition, adjusted funds from operations available to common stockholders came in at $921.07 million and $1.06 per share, up 37.1% and 6% from the prior year's quarter, respectively.
According to the revised 2024 guidance, O expects net income per share between $1.21 and $1.30. Its <a href="https://www.investopedia.com/terms/a/affo.asp">AFFO</a> per share is expected to range from $4.15 to $4.21.
Analysts expect O's revenue and EPS for the third quarter (ending September 2024) to increase 23.9% and 2.7% year-over-year to $1.25 billion and $1.07, respectively. Further, the company has surpassed the consensus revenue estimates in each trailing four quarter, which is impressive.
Over the past six months, O's stock has gained 15.4% and 7.7% over the past year to close the last trading session at $60.56.
O's bright outlook is reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The POWR Ratings are calculated by considering 118 different factors, each weighted to an optimal degree.
The stock has a B grade for Momentum. Within the <a href="https://stocknews.com/category/reits-retail/">REITs – Retail</a> industry, O is ranked #21 out of 30 stocks.
<a href="https://stocknews.com/stock/O/">Click here</a> to access additional ratings of O (Value, Quality, Sentiment, Stability, and Growth).
STAG Industrial, Inc. (<a href="https://stocknews.com/stock/STAG/">STAG</a>)
STAG is a REIT focused on the acquisition, ownership, and operation of industrial properties. The company's platform is designed to identify properties for acquisition, provide growth through sophisticated industrial operation and an attractive opportunity set, and capitalize its business appropriately given the characteristics of the assets.
On July 10, STAG's Board of Directors maintained the monthly common stock dividend at $0.12 per share and declared the following third quarter common stock dividends: July 2024 - paid on August 15, 2024 to holders of record as of July 31, 2024, August 2024 – to be paid on September 16, 2024, to holders of record as of August 30, 2024.
Also, September 2024 dividend of $0.12 per share will be paid on October 15, 2024, to holders of record as of September 30, 2024.
STAG pays an annual dividend of $1.48, which translates to a yield of 3.73% at the current share price. Its four-year average dividend yield is 4.13%. Moreover, the company's dividend payouts have increased at a CAGR of 0.7% over the past three years. STAG has raised its dividends for 11 consecutive years.
For the second quarter that ended June 30, 2024, STAG's total revenue increased 10.5% year-over-year to $189.78 million. Its net operating income grew 9.5% year-over-year to $152.30 million. Net income attributable to common stockholders came in at $59.74 million and $0.33 per share, up 15.9% and 13.8% from the prior year's quarter, respectively.
Additionally, the company's core funds from operations of $113.15 million or $0.61 per share, indicates increases of 9.3% and 8.9% year-over-year. Its adjusted EBITDAre increased 10.6% from the year-ago value to $138.73 million.
Analysts expect STAG's revenue for the third quarter (ending September 2024) to increase 5.6% year-over-year to $189.31 million, and its FFO is expected to grow 1.2% year-over-year to $0.60 for the same quarter. Moreover, the company topped the consensus revenue and EPS estimates in each of the trailing four quarters.
The stock has surged 2.2% over the past six months and 13.1% over the past year to close the last trading session at $39.54.
STAG's POWR Ratings reflect its bright prospects. STAG has a B grade for Momentum, and Stability. It is ranked #9 among 18 stocks within the <a href="https://stocknews.com/category/reits-industrial/">REITs - Industrial</a> industry.
To see the other ratings of STAG for Quality, Value, Sentiment, and Growth, <a href="https://stocknews.com/stock/STAG/">click here</a>.
EPR Properties (<a href="https://stocknews.com/stock/EPR/">EPR</a>)
EPR is a leading diversified experiential net lease REIT specializing in select enduring experiential properties in the real estate industry. The company focusses on real estate venues which create value by facilitating out of home leisure and recreation experiences.
On August 16, EPR's Board of Trustees declared its monthly cash dividend to common shareholders. The dividend of $0.28 per common share to be paid on September 16, 2024 to shareholders of record on August 30, 2024.
EPR pays an annual dividend of $3.42, which translates to a yield of 7.50% at the current share price. Its four-year average dividend yield is 5.81%. Also, the company's dividend payouts have increased at a CAGR of 137.5% over the past three years.
During the second quarter that ended June 30, 2024, EPR's total revenue increased marginally year-over-year to $173.09 million. Its net income available to common shareholders came in at $39.06 million or $0.51 per common share, reflecting increases of 416.7% and 410% year-over-year, respectively.
In addition, the company's adjusted funds from operations came in at $92.29 million and $1.20 per common share, respectively.
As per the company's updated 2024 guidance, EPR expects AFFO per common share to range between $4.76 and $4.96.
Street expects EPR's FFO for the fourth quarter (ending December 2024) to increase 5.4% year-over-year to $1.24 and its revenue is expected to be $162.33 million for the same quarter. Furthermore, the company has surpassed the consensus revenue estimates in all of the trailing four quarters.
Shares of EPR have gained 6.7% over the past six months and 5.4% over the past year to close the last trading session at $45.35.
EPR's sound fundamentals are reflected in its POWR Ratings. EPR has a B grade for Quality and Momentum. It is ranked #4 among 30 stocks in the REITs - Retail industry.
In addition to the POWR Ratings we've stated above, we also have EPR's ratings for Value, Growth, Sentiment, and Stability. Get all EPR ratings <a href="https://stocknews.com/stock/EPR/">here</a>.
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O shares were trading at $60.34 per share on Wednesday afternoon, down $0.22 (-0.36%). Year-to-date, O has gained 8.69%, versus a 18.44% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rjkumari Saxena</h2> <img src='https:/wp-content/uploads/2024/04/Rajkumari-Saxena_Image-1.jpeg' style="float:left; padding:5px;width:125px;">Rajkumari started her career as a writer but gradually shifted her focus to financial journalism, leveraging her educational background in Commerce. Fascinated by the interplay of business and economic shifts in equities, she aspires to evolve as an analyst. With a knack for simplifying complex financial concepts, her mission is to empower investors with insights that lead to profitable decisions.<a href="https://stocknews.com/authors/?author=rajkumari-saxena">More...</a>The post <a href=https://stocknews.com/news/o-stag-epr-3-top-stocks-for-investors-seeking-monthly-dividends/>3 Top Stocks for Investors Seeking Monthly Dividends</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

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