Stag Industrial Q2 adjusted FFO per share USD 0.65 (corrects amount)

STAG Industrial, Inc. (NYSE: STAG) reported adjusted funds from operations (FFO) per share of $0.65 for the second quarter of 2026, representing a 6.6% increase compared to $0.61 per share in the same period of 2025. The company attributed the growth to strong leasing activity and disciplined capital allocation, which supported operational performance and financial stability.

For the quarter, the company achieved Same Store Cash NOI of $159.3 million, a 4.1% increase compared to $153.1 million in the first quarter of 2025. The company also reported a 20.9% Cash Rent Change and a 39.6% Straight-Line Rent Change for leases commenced during the quarter, reflecting robust demand for industrial real estate.

STAG Industrial acquired one building in the first quarter of 2026, consisting of 748,833 square feet, for $80.7 million, with a Cash Capitalization Rate of 6.1%. The company also sold one building totaling 584,301 square feet for $30.1 million. As of March 31, 2026, the company maintained an Occupancy Rate of 95.1% on the total portfolio and 96.0% on the Operating Portfolio.

Capital markets activity included the sale of 160,441 shares on a forward basis under the ATM common stock offering program at an average price of $38.30 per share, or $6.1 million in sales. As of March 31, 2026, the company's Net Debt to Annualized Run Rate Adjusted EBITDAre was 5.0x, and Liquidity stood at $805.7 million.

The company declared a quarterly dividend of $0.3875 per share for the second quarter of 2026, payable on July 15, 2026, to common stockholders and common unit holders of record as of June 30, 2026.

These results highlight STAG Industrial's ability to maintain operational efficiency and generate consistent returns for investors amid evolving market conditions.