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SKT

Tanger Factory Outlet Centers NYSE:SKT Stock Report

Last Price

US$19.52

Market Cap

US$2.1b

7D

0.2%

1Y

-4.7%

Updated

25 Nov, 2022

Data

Company Financials +
SKT fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health2/6
Dividends5/6

SKT Stock Overview

Tanger Factory Outlet Centers, Inc. (NYSE: SKT) is a leading operator of open-air upscale outlet shopping centers that owns, or has an ownership interest in, a portfolio of 38 centers.

Tanger Factory Outlet Centers, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Tanger Factory Outlet Centers
Historical stock prices
Current Share PriceUS$19.52
52 Week HighUS$21.21
52 Week LowUS$13.26
Beta1.76
1 Month Change10.28%
3 Month Change22.23%
1 Year Change-4.73%
3 Year Change28.25%
5 Year Change-21.42%
Change since IPO212.32%

Recent News & Updates

Tanger increases loan capacity by $25M, extends maturity

Oct 17

Tanger Factory hikes dividend by 10% to $0.22

Oct 11

Recent updates

New Forecasts: Here's What Analysts Think The Future Holds For Tanger Factory Outlet Centers, Inc. (NYSE:SKT)

Nov 30
New Forecasts: Here's What Analysts Think The Future Holds For Tanger Factory Outlet Centers, Inc. (NYSE:SKT)

How Much Are Tanger Factory Outlet Centers, Inc. (NYSE:SKT) Insiders Taking Off The Table?

Feb 26
How Much Are Tanger Factory Outlet Centers, Inc. (NYSE:SKT) Insiders Taking Off The Table?

How Much Did Tanger Factory Outlet Centers'(NYSE:SKT) Shareholders Earn From Share Price Movements Over The Last Five Years?

Jan 04
How Much Did Tanger Factory Outlet Centers'(NYSE:SKT) Shareholders Earn From Share Price Movements Over The Last Five Years?

Shareholder Returns

SKTUS REITsUS Market
7D0.2%1.7%1.3%
1Y-4.7%-18.3%-18.5%

Return vs Industry: SKT exceeded the US REITs industry which returned -18.3% over the past year.

Return vs Market: SKT exceeded the US Market which returned -18.5% over the past year.

Price Volatility

Is SKT's price volatile compared to industry and market?
SKT volatility
SKT Average Weekly Movement5.8%
REITs Industry Average Movement5.2%
Market Average Movement7.4%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market3.3%

Stable Share Price: SKT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: SKT's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1981442Steve Yalofhttps://www.tangeroutlets.com

Tanger Factory Outlet Centers, Inc. (NYSE: SKT) is a leading operator of open-air upscale outlet shopping centers that owns, or has an ownership interest in, a portfolio of 38 centers. Tanger's operating properties are located in 20 states and in Canada, totaling approximately 14.1 million square feet, leased to over 2,700 stores operated by more than 500 different brand name companies. The Company has more than 39 years of experience in the outlet industry and is a publicly-traded REIT.

Tanger Factory Outlet Centers, Inc. Fundamentals Summary

How do Tanger Factory Outlet Centers's earnings and revenue compare to its market cap?
SKT fundamental statistics
Market CapUS$2.13b
Earnings (TTM)US$76.12m
Revenue (TTM)US$447.19m

26.8x

P/E Ratio

4.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SKT income statement (TTM)
RevenueUS$447.19m
Cost of RevenueUS$121.89m
Gross ProfitUS$325.30m
Other ExpensesUS$249.18m
EarningsUS$76.12m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.73
Gross Margin72.74%
Net Profit Margin17.02%
Debt/Equity Ratio270.6%

How did SKT perform over the long term?

See historical performance and comparison

Dividends

4.5%

Current Dividend Yield

40%

Payout Ratio