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. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 2/6 |
| Past Performance | 2/6 |
| Financial Health | 2/6 |
| Dividends | 4/6 |
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Tanger Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$32.60 |
| 52 Week High | US$35.08 |
| 52 Week Low | US$23.60 |
| Beta | 1.86 |
| 1 Month Change | -5.15% |
| 3 Month Change | 13.75% |
| 1 Year Change | 32.52% |
| 3 Year Change | 92.84% |
| 5 Year Change | 150.81% |
| Change since IPO | 95.21% |
Recent News & Updates
Recent updates
Shareholder Returns
| T6O | DE Retail REITs | DE Market | |
|---|---|---|---|
| 7D | 0.2% | 0.6% | 0.5% |
| 1Y | 32.5% | 3.1% | 7.2% |
Return vs Industry: T6O exceeded the German Retail REITs industry which returned 2.4% over the past year.
Return vs Market: T6O exceeded the German Market which returned 7% over the past year.
Price Volatility
| T6O volatility | |
|---|---|
| T6O Average Weekly Movement | 3.0% |
| Retail REITs Industry Average Movement | 2.3% |
| Market Average Movement | 4.9% |
| 10% most volatile stocks in DE Market | 11.5% |
| 10% least volatile stocks in DE Market | 2.4% |
Stable Share Price: T6O has not had significant price volatility in the past 3 months compared to the German market.
Volatility Over Time: T6O's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1981 | 386 | Steve Yalof | www.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
| T6O fundamental statistics | |
|---|---|
| Market cap | €3.82b |
| Earnings (TTM) | €90.99m |
| Revenue (TTM) | €501.43m |
39.7x
P/E Ratio7.2x
P/S RatioIs T6O overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| T6O income statement (TTM) | |
|---|---|
| Revenue | US$522.82m |
| Cost of Revenue | US$134.66m |
| Gross Profit | US$388.15m |
| Other Expenses | US$293.29m |
| Earnings | US$94.87m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.86 |
| Gross Margin | 74.24% |
| Net Profit Margin | 18.15% |
| Debt/Equity Ratio | 241.0% |
How did T6O perform over the long term?
See historical performance and comparisonDividends
3.2%
Current Dividend Yield49%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 15:50 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tanger Inc. is covered by 21 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Floris Gerbrand van Dijkum | Boenning & Scattergood, Inc. |
| Craig Schmidt | BofA Global Research |
| Jeffrey Spector | BofA Global Research |