skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. DIR.UN: What are your thoughts on the quarter and year end results for STAG? [Dream Industrial Real Estate Investment Trust]
You can view 2 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: What are your thoughts on the quarter and year end results for STAG? I'm looking for the best industrial REIT values in the US and Canada right now, can you give me a couple options you like and why?

Asked by Thomas on February 17, 2023
5i Research Answer:

Cash flow per share of $2.21 beat estimates by 0.14%, so essentially an exact match. Revenue was also inline at $182.2M. Cash flow rose 7.8%. Occupancy remains very high at 98.5%. While relatively small at $6.4B, we would consider it one of the better sector names. We would also suggest PLD, though its quality makes it expensive but we like its property and geographic exposure and growth has been solid. Also FR for largely the same reasons. DIR.UN in Canada (we have a report) and GRT.UN for its solid tenants, occupancy and consistency.