STAG Industrial Q3 net income rises to $70.7 million; Core FFO $0.66 per share
STAG Industrial reported third-quarter 2026 net income attributable to common stockholders of $70.7 million, or $0.37 per share, up from $48.6 million, or $0.26 per share, a year earlier. Core FFO per diluted share rose 1.5% to $0.66, and same store cash NOI increased 3.5% to $159.9 million, while nine-month net income declined 2.3% to $185.5 million. The company also authorized a new share repurchase program of up to $250 million and a fourth-quarter dividend of $0.3875 per share.
Key points
- Q3 2026 net income attributable to common stockholders was $70.7 million ($0.37 per diluted share), versus $48.6 million ($0.26) in Q3 2025
- Core FFO per diluted share was $0.66, up 1.5% from $0.65; nine-month net income per share was $0.97 versus $1.02
- Same store cash NOI rose 3.5% to $159.9 million; the Operating Portfolio occupancy rate was 96.2% as of September 30, 2026
- On October 26, 2026, the board authorized a $250 million share repurchase program with no expiration date and a $0.3875 quarterly dividend payable January 15, 2027
The filing
Written by AI on Nov 7, 2026, 11:18 PM ET, from this filing only.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.