STAG Industrial Puts Sold Assigned on October 22nd

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STAG ($NYSE:STAG) Industrial is a real estate investment trust that focuses on the acquisition, ownership, and operation of single-tenant industrial properties across the United States. On October 22, 2022, we sold STAG Industrial puts that were assigned on the same day. We would have been discussing our STAG Industrial puts today if the date were still October 22, 2022.

Stock Price

STAG Industrial has been in the news a lot lately, and most of the exposure has been positive. On Tuesday, the stock opened at $28.60 and closed at $29.80, up 4.7% from the previous close of $28.50. This is good news for investors, as it indicates that the company’s stock is on the rise. Live Quote….

VI Analysis

STAG Industrial is a real estate investment trust that focuses on the industrial sector. The company’s fundamentals reflect its long-term potential, and the VI app has given it a medium risk rating in terms of financial and business aspects. However, the app has also detected 1 risk warning in the company’s balance sheet. Register with us to check it out.

VI Peers

The competition among Stag Industrial Inc, Prologis Inc, Terreno Realty Corp, and Duke Realty Corp is fierce. All four companies are in the business of providing industrial space for businesses. They all have their own strengths and weaknesses, and each is trying to outdo the others in terms of price, quality, and service.

– Prologis Inc ($NYSE:PLD)

Prologis Inc is a real estate investment trust that owns, operates, and develops warehouses and distribution facilities. As of December 31, 2020, the company owned or had investments in 3,109 properties in 19 countries. Prologis Inc is headquartered in San Francisco, California.

– Terreno Realty Corp ($NYSE:TRNO)

Terreno Realty Corp is a real estate investment trust that focuses on the acquisition, development, and operation of industrial properties in the United States. The company has a market cap of 4.32B as of 2022. Terreno Realty Corp’s properties are located in major metropolitan markets in the United States. The company was founded in 2006 and is headquartered in San Francisco, California.

Summary

STAG Industrial is a publicly traded real estate investment trust focused on the acquisition and operation of single-tenant industrial properties across the United States. STAG Industrial is a good long-term investment for income-seeking investors.