Earnings Releases·Oct 27, 2026, 4:07 PM ET

STAG Industrial — Third Quarter 2026 Earnings Summary

Q3 net income attributable to common stockholders rose 45.4% year-over-year to $70.7 million, while Core FFO per share increased 1.5% to $0.66; however, year-to-date net income and diluted EPS declined 2.3% and 4.9% respectively compared to 2025.
Management reaffirmed confidence in delivering a strong operational year with a $4.0 billion development pipeline across 138 buildings, supported by a 'BBB' investment grade credit rating and a portfolio occupancy rate of 95.9%.
The Board authorized a Q4 dividend of $0.3875 per share and a new $250 million share repurchase program with no expiration date, while the company also sold 1.4 million shares via its ATM program for $54.3 million in the quarter.
Strategic capital allocation included the acquisition of two buildings for $107.9 million and the sale of four buildings for $67.9 million in Q3, alongside the refinancing of $350 million in term loans extending maturity to 2032.