STAG Industrial: Supply-Constrained Market Offers Revenue Potential

Pearl Investing
57 Followers

Summary

  • I initiate coverage on STAG Industrial, Inc. with a BUY rating as it primarily operates in supply-constrained industrial markets, which should provide significant revenue potential.
  • STAG owns a diversified portfolio, offers steady dividends, and records higher same-store NOI growth. STAG is also relatively undervalued vs. its peers.
  • STAG stock currently trades at a 14% discount to the price target of $45.00 and a 2% discount to the NAV estimate of $40.29 per share.

single word reit (real estate investment trust) on yellow color background

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Overview/Investment Rationale

The industrial real estate investment trust (REIT) sector has been steadily increasing for several years, especially during the post-pandemic period, to keep up with e-commerce growth primarily. STAG Industrial, Inc. (NYSE:STAG) reported

This article was written by

57 Followers
I am an experienced Financial Analyst with more than 15 years of experience and proven working history in the financial services industry. I have expertise in selecting stocks for Buy/Sell-side investment firms. I have experience building financial/economic models in sectors such as REIT, Banking, Oil, Healthcare, Technology, and Timber. I have written numerous initiation reports and investment short thesis. Worked in Commercial Banks and have strong knowledge of core banking and sales processes.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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