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Tanger DB:T6O Stock Report

Last Price

€25.69

Market Cap

€3.0b

7D

-2.3%

1Y

52.7%

Updated

03 May, 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 Growth1/6
Past Performance4/6
Financial Health2/6
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$25.69
52 Week HighUS$27.05
52 Week LowUS$16.82
Beta1.81
1 Month Change0.51%
3 Month Change4.64%
1 Year Change52.73%
3 Year Change87.86%
5 Year Change61.61%
Change since IPO53.83%

Recent News & Updates

Recent updates

Shareholder Returns

T6ODE Retail REITsDE Market
7D-2.3%1.2%-1.0%
1Y52.7%18.3%2.0%

Return vs Industry: T6O exceeded the German Retail REITs industry which returned 18.7% over the past year.

Return vs Market: T6O exceeded the German Market which returned 2.5% 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 Movement3.3%
Market Average Movement4.9%
10% most volatile stocks in DE Market10.3%
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€2.97b
Earnings (TTM)€89.92m
Revenue (TTM)€452.98m

31.0x

P/E Ratio

6.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
T6O income statement (TTM)
RevenueUS$487.66m
Cost of RevenueUS$127.34m
Gross ProfitUS$360.32m
Other ExpensesUS$263.51m
EarningsUS$96.81m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.89
Gross Margin73.89%
Net Profit Margin19.85%
Debt/Equity Ratio253.8%

How did T6O perform over the long term?

See historical performance and comparison

Dividends

4.0%

Current Dividend Yield

48%

Payout Ratio
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