STAG Industrial Reports Q3 2026 Earnings Growth and Raises Full-Year Guidance
STAG Industrial (STAG) reported strong third-quarter 2026 results, characterized by a 1.5% increase in Core FFO per diluted share to $0.66 and significant growth in net income. The company's operational performance was bolstered by high occupancy rates of 96.2% and robust leasing activity, which saw cash rent changes reach 23.8% across 3.6 million square feet. Driven by higher-than-expected occupancy and lower credit losses, management has upwardly revised its full-year guidance for Core FFO and same-store cash growth. The company is also seeing a strategic shift in demand, with data center-related leasing accounting for 26% of new operating portfolio leases since the start of 2025. To support shareholder value, the Board authorized a new $250 million share repurchase program.
Tickers: $STAG
Topics: earnings report FFO guidance net income real estate