Stag Industrial Thinks This Trend Will Be a Key Growth Engine
Stag Industrial (NYSE: STAG) is a relatively young industrial real estate investment trust (REIT). It built its portfolio by focusing on second-tier markets where it has an advantage over the mostly smaller landlords that make up its competition.
Looking out longer-term, the management for this REIT thinks that e-commerce will be a key driver of the company's (and the stock's) success.
Focusing on secondary markets has worked out fairly well for Stag Industrial. As a publicly traded REIT, it has both scale and access to capital that non-public, smaller operators lack. As such, it was able to buy properties profitably where competitors with higher costs couldn't. This helped Stag grow from a $290 million market cap company with 96 properties in 2011 to a roughly $6.8 billion market cap company with over 560 properties today, a little more than a decade later.
Source Fool.com
STAG Industrial Inc. Stock
Currently there is a rather positive sentiment for STAG Industrial Inc. with 5 Buy predictions and 0 Sell predictions.
With a current price of 37.72 € STAG Industrial Inc. is right around the predicted target price of 38 €.
