Equity Profile

STAG

STAG Industrial, Inc.

Real EstateIndustrial REITs$7.5B

Jul28Tue

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EDT

Company Snapshot

STAG Industrial, Inc. is a real estate investment trust (REIT) focused on acquiring and managing industrial properties across the United States....

Key Metrics to Watch

Occupancy Rate

A high occupancy rate indicates strong demand for STAG's properties, which can lead to increased rental income.

95%

Same-Store NOI Growth

This metric reflects the performance of properties owned for more than a year, showing how well STAG is managing its existing assets.

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

STAG Q2-2026 Earnings Preview

Context

Company Snapshot

STAG Industrial, Inc. is a real estate investment trust (REIT) focused on acquiring and managing industrial properties across the United States. With a market cap of $7 billion, the company plays a significant role in the growing industrial sector, which benefits from trends like e-commerce and supply chain optimization.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

88%

Avg EPS Surprise

+2.07%

Avg Stock Reaction

+0.09%

Last Quarter Recap

In Q1 2026, STAG reported earnings per share (EPS) of $0.65, matching analyst expectations. The stock saw a slight increase of 0.20% the following day, indicating a stable performance.

Management Promises & Guidance

Maintain high occupancy rates across its portfolio.
Continue focusing on strategic acquisitions to enhance growth.
Commit to steady dividend payouts to shareholders.

Expectations

Wall Street Expectations

Overall, investors are cautiously optimistic about STAG's upcoming earnings report, particularly given its history of meeting or exceeding EPS expectations. However, concerns about rising interest rates and their impact on REIT valuations linger.

Bull Case

If STAG can report strong occupancy rates and solid same-store NOI growth, it may drive the stock higher as investors seek reliable income in a volatile market.

Bear Case

Conversely, if occupancy rates decline or if the company fails to provide a clear growth strategy, it could lead to a negative reaction in the stock price.

Key Metrics to Watch

Occupancy Rate

95%

A high occupancy rate indicates strong demand for STAG's properties, which can lead to increased rental income.

Same-Store NOI Growth

This metric reflects the performance of properties owned for more than a year, showing how well STAG is managing its existing assets.

Dividend Payout

$0.65 per share

As a REIT, STAG is expected to pay dividends, and any changes can impact investor sentiment.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the current occupancy rate across STAG's properties?

Occupancy rates are crucial for revenue generation, and any significant changes could impact future earnings.

What is the outlook for same-store NOI growth for the upcoming quarters?

This will provide insight into how well STAG is managing its existing properties and its ability to generate consistent income.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating STAG's ability to maintain occupancy rates despite economic headwinds, as the company's focus on strategic acquisitions could lead to stronger-than-expected growth.

Supporting Evidence

STAG has consistently beaten EPS estimates in the past, indicating strong operational management.

The options market is pricing in a larger move than historical averages, suggesting heightened investor sentiment.

Recent trends in e-commerce are likely to bolster demand for industrial spaces, benefiting STAG.

Key Risk

If occupancy rates come in below 93%, it could signal broader issues in the industrial real estate market.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The debate this quarter centers around STAG's ability to maintain high occupancy and generate strong income from its properties amid economic pressures.

Bull Confirmed If

Occupancy rates above 95% and same-store NOI growth of 3% or better would confirm the bullish outlook.

Bear Confirmed If

Occupancy rates dropping below 93% or same-store NOI growth falling below 2% would support the bearish case.

Pre-Earnings Positioning

Options Market

Implied Move

±9.44%

Historical Avg

±0.9%

Pricing rich

The options market is pricing in a significant potential move, indicating that traders expect volatility around the earnings announcement.

Options are pricing ±9.4% while STAG has averaged ±0.9% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.2%

30d HV

20.3%

Calls (4K)P/C Ratio: 1.10Puts (100)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Real Estate

n=30

Fade rate: 11 of 30 (37%)

This setup has occurred 30 times across Real Estate in the last 2 years. 19 of 30 (63%) held or extended their move within 5 days — this setup typically holds direction. The average absolute 1-day move is 2.7%, with a raw directional average of +1.0% (modestly positive historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If STAG beats expectations, history suggests the stock could rise by around 0.09% on the first day, confirming investor confidence in its growth strategy.

In-Line / Cautious

If results are in line with expectations but management provides cautious commentary, the stock may experience muted movement as investors reassess future growth.

Miss

In the event of a miss, history suggests the stock could decline, reflecting investor disappointment in operational performance.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on occupancy rates and any changes in leasing activity.
2Insights into the company's acquisition strategy and potential new markets.
3Any commentary on the impact of interest rates on the REIT sector.
4Details on same-store NOI growth and factors influencing it.
5Management's outlook for the remainder of the year and any strategic shifts.

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Company Snapshot

STAG Industrial, Inc. is a real estate investment trust (REIT) focused on acquiring and managing industrial properties across the United States....

Key Metrics to Watch

Occupancy Rate

A high occupancy rate indicates strong demand for STAG's properties, which can lead to increased rental income.

95%

Same-Store NOI Growth

This metric reflects the performance of properties owned for more than a year, showing how well STAG is managing its existing assets.

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

STAG Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

88%

Avg EPS Surprise

+2.07%

Avg Stock Reaction

+0.09%

Last Quarter Recap

In Q1 2026, STAG reported earnings per share (EPS) of $0.65, matching analyst expectations. The stock saw a slight increase of 0.20% the following day, indicating a stable performance.

Management Promises & Guidance

Maintain high occupancy rates across its portfolio.
Continue focusing on strategic acquisitions to enhance growth.
Commit to steady dividend payouts to shareholders.

Expectations

Wall Street Expectations

Bull Case

If STAG can report strong occupancy rates and solid same-store NOI growth, it may drive the stock higher as investors seek reliable income in a volatile market.

Bear Case

Conversely, if occupancy rates decline or if the company fails to provide a clear growth strategy, it could lead to a negative reaction in the stock price.

Key Metrics to Watch

Occupancy Rate

95%

A high occupancy rate indicates strong demand for STAG's properties, which can lead to increased rental income.

Same-Store NOI Growth

This metric reflects the performance of properties owned for more than a year, showing how well STAG is managing its existing assets.

Dividend Payout

$0.65 per share

As a REIT, STAG is expected to pay dividends, and any changes can impact investor sentiment.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the current occupancy rate across STAG's properties?

Occupancy rates are crucial for revenue generation, and any significant changes could impact future earnings.

What is the outlook for same-store NOI growth for the upcoming quarters?

This will provide insight into how well STAG is managing its existing properties and its ability to generate consistent income.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating STAG's ability to maintain occupancy rates despite economic headwinds, as the company's focus on strategic acquisitions could lead to stronger-than-expected growth.

Supporting Evidence

STAG has consistently beaten EPS estimates in the past, indicating strong operational management.

The options market is pricing in a larger move than historical averages, suggesting heightened investor sentiment.

Recent trends in e-commerce are likely to bolster demand for industrial spaces, benefiting STAG.

Key Risk

If occupancy rates come in below 93%, it could signal broader issues in the industrial real estate market.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The debate this quarter centers around STAG's ability to maintain high occupancy and generate strong income from its properties amid economic pressures.

Bull Confirmed If

Occupancy rates above 95% and same-store NOI growth of 3% or better would confirm the bullish outlook.

Bear Confirmed If

Occupancy rates dropping below 93% or same-store NOI growth falling below 2% would support the bearish case.

Pre-Earnings Positioning

Options Market

Implied Move

±9.44%

Historical Avg

±0.9%

Pricing rich

The options market is pricing in a significant potential move, indicating that traders expect volatility around the earnings announcement.

Options are pricing ±9.4% while STAG has averaged ±0.9% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.2%

30d HV

20.3%

Calls (4K)P/C Ratio: 1.10Puts (100)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Real Estate

n=30

Fade rate: 11 of 30 (37%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If STAG beats expectations, history suggests the stock could rise by around 0.09% on the first day, confirming investor confidence in its growth strategy.

In-Line / Cautious

If results are in line with expectations but management provides cautious commentary, the stock may experience muted movement as investors reassess future growth.

Miss

In the event of a miss, history suggests the stock could decline, reflecting investor disappointment in operational performance.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on occupancy rates and any changes in leasing activity.
2Insights into the company's acquisition strategy and potential new markets.
3Any commentary on the impact of interest rates on the REIT sector.
4Details on same-store NOI growth and factors influencing it.
5Management's outlook for the remainder of the year and any strategic shifts.