NYSE - Delayed Quote USD

Tanger Inc. (SKT)

Compare
33.42 +0.79 (+2.42%)
At close: October 4 at 4:00 PM EDT
33.42 0.00 (0.00%)
After hours: October 4 at 6:21 PM EDT
Loading Chart for SKT
DELL
  • Previous Close 32.63
  • Open 32.71
  • Bid 32.90 x 800
  • Ask 33.67 x 1100
  • Day's Range 32.44 - 33.43
  • 52 Week Range 21.42 - 33.43
  • Volume 489,004
  • Avg. Volume 708,417
  • Market Cap (intraday) 3.655B
  • Beta (5Y Monthly) 1.84
  • PE Ratio (TTM) 37.13
  • EPS (TTM) 0.90
  • Earnings Date Nov 6, 2024
  • Forward Dividend & Yield 1.10 (3.29%)
  • Ex-Dividend Date Jul 31, 2024
  • 1y Target Est 31.83

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 is furnishing a Form 8-K with the Securities and Exchange Commission ("SEC") that includes a supplemental information package for the quarter and year ended December 31, 2023.

www.tangeroutlets.com

364

Full Time Employees

December 31

Fiscal Year Ends

Recent News: SKT

View More

Performance Overview: SKT

Trailing total returns as of 10/4/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

SKT
24.04%
S&P 500
20.57%

1-Year Return

SKT
58.76%
S&P 500
35.98%

3-Year Return

SKT
127.55%
S&P 500
31.99%

5-Year Return

SKT
197.11%
S&P 500
97.59%

Compare To: SKT

Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Statistics: SKT

View More

Valuation Measures

Annual
As of 10/4/2024
  • Market Cap

    3.65B

  • Enterprise Value

    5.19B

  • Trailing P/E

    37.13

  • Forward P/E

    35.21

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    7.31

  • Price/Book (mrq)

    6.60

  • Enterprise Value/Revenue

    10.44

  • Enterprise Value/EBITDA

    18.38

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    19.45%

  • Return on Assets (ttm)

    4.25%

  • Return on Equity (ttm)

    18.97%

  • Revenue (ttm)

    507.24M

  • Net Income Avi to Common (ttm)

    97.47M

  • Diluted EPS (ttm)

    0.90

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    12.63M

  • Total Debt/Equity (mrq)

    267.59%

  • Levered Free Cash Flow (ttm)

    161.83M

Research Analysis: SKT

View More

Earnings Per Share

Consensus EPS
 

Revenue vs. Earnings

Revenue 131.93M
Earnings 24.84M
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Analyst Price Targets

30.00 Low
31.83 Average
33.42 Current
34.00
 

Company Insights: SKT

Research Reports: SKT

View More
  • Raising target price to $35.00

    TANGER INC has an Investment Rating of HOLD; a target price of $35.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Low.

    Rating
    Price Target
     
  • Raising target price to $33.00

    TANGER INC has an Investment Rating of HOLD; a target price of $33.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Low.

    Rating
    Price Target
     
  • What does Argus have to say about SKT?

    TANGER INC has an Investment Rating of HOLD; a target price of $32.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Low.

    Rating
    Price Target
     
  • Raising target price to $32.00

    TANGER INC has an Investment Rating of HOLD; a target price of $32.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Low.

    Rating
    Price Target
     

People Also Watch