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Tanger DB:T6O Stock Report

Last Price

€25.52

Market Cap

€2.9b

7D

3.8%

1Y

54.3%

Updated

23 Apr, 2024

Data

Company Financials +

T6O Stock Overview

Tanger Inc. (NYSE: SKT) is a leading owner and operator of outlet and open-air retail shopping destinations, with over 43 years of expertise in the retail and outlet shopping industries.

T6O fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance5/6
Financial Health1/6
Dividends4/6

Tanger Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Tanger
Historical stock prices
Current Share PriceUS$25.52
52 Week HighUS$27.05
52 Week LowUS$16.20
Beta1.81
1 Month Change-2.97%
3 Month Change1.27%
1 Year Change54.29%
3 Year Change83.40%
5 Year Change57.59%
Change since IPO52.81%

Recent News & Updates

Recent updates

Shareholder Returns

T6ODE Retail REITsDE Market
7D3.8%3.7%1.8%
1Y54.3%16.2%2.2%

Return vs Industry: T6O exceeded the German Retail REITs industry which returned 13.9% over the past year.

Return vs Market: T6O exceeded the German Market which returned -0.3% over the past year.

Price Volatility

Is T6O's price volatile compared to industry and market?
T6O volatility
T6O Average Weekly Movement3.2%
Retail REITs Industry Average Movement2.9%
Market Average Movement4.8%
10% most volatile stocks in DE Market10.1%
10% least volatile stocks in DE Market2.4%

Stable Share Price: T6O has not had significant price volatility in the past 3 months.

Volatility Over Time: T6O's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1981386Steve Yalofwww.tangeroutlets.com

Tanger Inc. (NYSE: SKT) is a leading owner and operator of outlet and open-air retail shopping destinations, with over 43 years of expertise in the retail and outlet shopping industries. Tanger's portfolio of 38 outlet centers, one adjacent managed center and one open-air lifestyle center comprises over 15 million square feet well positioned across tourist destinations and vibrant markets in 20 U.S. states and Canada. A publicly traded REIT since 1993, Tanger continues to innovate the retail experience for its shoppers with over 3,000 stores operated by more than 700 different brand name companies.

Tanger Inc. Fundamentals Summary

How do Tanger's earnings and revenue compare to its market cap?
T6O fundamental statistics
Market cap€2.95b
Earnings (TTM)€91.52m
Revenue (TTM)€441.55m

31.8x

P/E Ratio

6.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
T6O income statement (TTM)
RevenueUS$472.65m
Cost of RevenueUS$125.02m
Gross ProfitUS$347.63m
Other ExpensesUS$249.66m
EarningsUS$97.97m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 30, 2024

Earnings per share (EPS)0.90
Gross Margin73.55%
Net Profit Margin20.73%
Debt/Equity Ratio243.9%

How did T6O perform over the long term?

See historical performance and comparison

Dividends

3.9%

Current Dividend Yield

48%

Payout Ratio

Does T6O pay a reliable dividends?

See T6O dividend history and benchmarks
When do you need to buy T6O by to receive an upcoming dividend?
Tanger dividend dates
Ex Dividend DateApr 29 2024
Dividend Pay DateMay 15 2024
Days until Ex dividend5 days
Days until Dividend pay date21 days

Does T6O pay a reliable dividends?

See T6O dividend history and benchmarks
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