Evercore ISI analyst Sheila McGrath maintained a Buy rating on Stag Industrial (NYSE:STAG) on Friday, setting a price target of $45, which is approximately 3.38% above the present share price of $43.53.
McGrath expects Stag Industrial to post earnings per share (EPS) of $0.20 for the fourth quarter of 2021.
The current consensus among 3 TipRanks analysts is for a Moderate Buy rating of shares in Stag Industrial, with an average price target of $45.67.
The analysts price targets range from a high of $48 to a low of $43.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $138.43 million and a net profit of $43.16 million. The company's market cap is $7.05 billion.
According to TipRanks.com, Evercore ISI analyst Sheila McGrath is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 11.5% and a 70.00% 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.