Business
STAG INDUSTRIAL ANNOUNCES FIRST QUARTER 2025 RESULTS
STAG Industrial, Inc. (the "Company") (NYSE:STAG), today announced its financial and operating results for the quarter ended March 31, 2025.
About this update from Stag Industrial, Inc.
[{"type":"text","content":"BOSTON, April 29, 2025 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE:STAG), today announced its financial and operating results for the quarter ended March 31, 2025.","length":194,"tagName":"p"},{"type":"image","alt":"STAG Industrial Logo. (PRNewsFoto/STAG Industrial, Inc.)","displaySize":"","headline":null,"caption":"STAG Industrial Logo. (PRNewsFoto/STAG Industrial, Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":160,"url":"https://media.zenfs.com/en/prnewswire.com/174a6fb731165620af9961993d7eb866"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/1OdSYi0SVIckGpFnXvi48A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI4MjtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/174a6fb731165620af9961993d7eb866","width":400,"height":160}},"href":"https://mma.prnewswire.com/media/95729/stag_industrial__inc__logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":""The level of operational success the Company achieved to start 2025 was impressive," said Bill Crooker, President and Chief Executive Officer of the Company. "STAG has set the foundation for sustainable growth in 2025 and will continue to benefit from a strong balance sheet, ample liquidity and broad market diversification."","length":347,"tagName":"p"},{"type":"text","content":"First Quarter 2025 Highlights","length":29,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Reported $0.49 of net income per basic and diluted common share for the first quarter of 2025, compared to $0.20 of net income per basic and diluted common share for the first quarter of 2024. Reported $91.3 million of net income attributable to common stockholders for the first quarter of 2025, compared to net income attributable to common stockholders of $36.6 million for the first quarter of 2024.","length":403,"tagName":"p"}]},{"val":[{"type":"text","content":"Achieved $0.61 of Core FFO per diluted share for the first quarter of 2025, an increase of 3.4% compared to the first quarter of 2024 Core FFO per diluted share of $0.59.","length":170,"tagName":"p"}]},{"val":[{"type":"text","content":"Produced Cash NOI of $157.2 million for the first quarter of 2025, an increase of 8.1% compared to the first quarter of 2024 of $145.5 million.","length":143,"tagName":"p"}]},{"val":[{"type":"te...