RBC Capital analyst Michael Carroll maintained a Buy rating on Stag Industrial (NYSE:STAG) on Thursday, setting a price target of $36, which is approximately 12.01% above the present share price of $32.14.
Carroll expects Stag Industrial to post earnings per share (EPS) of $0.63 for the first quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Moderate Buy rating of shares in Stag Industrial, with an average price target of $35.
The analysts price targets range from a high of $36 to a low of $34.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $129.95 million and a net profit of $38.47 million. The company's market cap is $5.09 billion.
According to TipRanks.com, RBC Capital analyst Michael Carroll is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 8.3% and a 68.97% success rate.
STAG Industrial, Inc. is a real estate investment trust, which focuses on acquisition, ownership and operation of single-tenant, industrial properties throughout the United States. The company was founded by Benjamin S. Butcher on July 21, 2010 and is headquartered in Boston, MA.