NYSE:SKTRetail REITs
Is It Too Late To Consider Tanger (SKT) After Multi Year Share Price Gains?
If you are wondering whether Tanger is still good value after a strong run, or if you might be arriving late to the story, this article focuses squarely on what the current price could imply.
The stock closed at US$35.63, with returns of 0.6% over 7 days, a decline of 4.1% over 30 days, 7.6% year to date, 24.9% over 1 year and roughly a 2x gain over 3 years and 1.5x over 5 years. This naturally raises questions about what is already priced in.
Recent headlines around Tanger have largely...