|Bid||32.29 x 1400|
|Ask||32.36 x 1200|
|Day's range||32.24 - 32.65|
|52-week range||31.95 - 48.27|
|Beta (5Y monthly)||0.99|
|PE ratio (TTM)||24.66|
|Earnings date||25 Jul 2022 - 29 Jul 2022|
|Forward dividend & yield||1.46 (4.24%)|
|Ex-dividend date||27 May 2022|
|1y target est||45.80|
Real estate investment trusts (REITs) are beloved by income investors. Since REITs are required to pay 90% or more of their taxable income in the form of dividends, they can offer attractive dividend returns and reliable passive income. While most REITs pay dividends quarterly, there are several monthly dividend-paying REITs that have high yields right now.
The real estate investment trust (REIT) sector has cooled off considerably this year. Shares of the average REIT ended April down more than 8% on the year, weighed down by higher interest rates and the overall sell-off in the stock market. Shares of Stag Industrial have tumbled more than 28% this year.
Stag (STAG) delivered FFO and revenue surprises of 1.92% and 1.67%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?