SKT RSI Chart
Last 7 days
7.3%
Last 30 days
-1.5%
Last 90 days
3.0%
Trailing 12 Months
53.0%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 421.5M | 426.3M | 432.2M | 438.9M |
2022 | 415.9M | 420.5M | 419.5M | 421.4M |
2021 | 370.1M | 409.1M | 421.3M | 407.8M |
2020 | 452.6M | 402.4M | 387.6M | 377.9M |
2019 | 480.0M | 475.9M | 470.6M | 463.9M |
2018 | 476.6M | 478.0M | 479.4M | 480.7M |
2017 | 3.3M | 2.6M | 238.9M | 475.3M |
2016 | 5.3M | 4.9M | 4.4M | 3.8M |
2015 | 4.3M | 5.3M | 5.3M | 5.4M |
2014 | 3.2M | 3.3M | 3.5M | 3.6M |
2013 | 0 | 0 | 0 | 3.1M |
2012 | 0 | 0 | 0 | 2.0M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 15, 2024 | stein justin c | sold (taxes) | -53,060 | 28.42 | -1,867 | evp, leasing |
Mar 15, 2024 | yalof stephen | sold (taxes) | -342,006 | 28.42 | -12,034 | president & ceo |
Mar 15, 2024 | bilerman michael j | sold (taxes) | -179,103 | 28.42 | -6,302 | see remarks |
Mar 15, 2024 | swanson gallardo leslie | sold (taxes) | -85,061 | 28.42 | -2,993 | evp, chief operating officer |
Mar 15, 2024 | guerrieri thomas joseph jr | sold (taxes) | -32,427 | 28.42 | -1,141 | svp, cao |
Mar 12, 2024 | guerrieri thomas joseph jr | sold | -87,810 | 29.27 | -3,000 | svp, cao |
Feb 29, 2024 | skerritt susan e | back to issuer | -94,703 | 28.62 | -3,309 | - |
Feb 26, 2024 | guerrieri thomas joseph jr | sold (taxes) | -73,446 | 28.78 | -2,552 | svp, cao |
Feb 26, 2024 | guerrieri thomas joseph jr | acquired | - | - | 11,659 | svp, cao |
Feb 26, 2024 | swanson gallardo leslie | acquired | - | - | 46,633 | evp, chief operating officer |
Which funds bought or sold SKT recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Apr 22, 2024 | RAYMOND JAMES & ASSOCIATES | reduced | -14.63 | -272,936 | 2,739,720 | -% |
Apr 22, 2024 | Raymond James Financial Services Advisors, Inc. | added | 2.89 | 25,985 | 296,190 | -% |
Apr 22, 2024 | Rosenberg Matthew Hamilton | unchanged | - | 15.00 | 264 | -% |
Apr 22, 2024 | MetLife Investment Management, LLC | unchanged | - | 269,470 | 1,458,930 | 0.01% |
Apr 19, 2024 | State of Alaska, Department of Revenue | added | 1.98 | 270,000 | 3,397,000 | 0.04% |
Apr 19, 2024 | Cutler Group LLC / CA | new | - | 2,000 | 2,000 | -% |
Apr 19, 2024 | VALLEY NATIONAL ADVISERS INC | new | - | 3,000 | 3,000 | -% |
Apr 19, 2024 | Maryland State Retirement & Pension System | added | 1.34 | -39,742 | 1,021,660 | 0.02% |
Apr 19, 2024 | Monument Capital Management | reduced | -4.15 | 9,266 | 449,592 | 0.13% |
Apr 19, 2024 | Eaton Financial Holdings Company, LLC | sold off | -100 | -487,567 | - | -% |
Unveiling Tanger Factory Outlet Centers Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Date Filed | Form Type | Document | |
---|---|---|---|
Peers (Alternatives to Tanger Factory Outlet Centers Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
AMT | 81.2B | 11.1B | 59.43 | 7.29 | ||||
CCI | 41.5B | 7.0B | 27.61 | 5.94 | ||||
AVB | 26.8B | 2.8B | 28.86 | 9.68 | ||||
ARE | 19.9B | 3.0B | 103.23 | 6.73 | ||||
AMH | 12.9B | 1.6B | 29.83 | 8.02 | ||||
REG | 11.1B | 1.3B | 30.42 | 8.39 | ||||
BXP | 9.9B | 3.3B | 51.88 | 3.01 | ||||
MID-CAP | ||||||||
FRT | 8.5B | 1.1B | 36.02 | 7.54 | ||||
MAC | 3.5B | 884.1M | -12.7 | 3.94 | ||||
SLG | 3.4B | 899.4M | -6.02 | 3.78 | ||||
SMALL-CAP | ||||||||
AAT | 1.3B | 441.2M | 20.35 | 2.98 | ||||
AIV | 1.2B | 198.2M | -7.42 | 5.71 | ||||
MFA | 1.1B | 605.6M | 13.7 | 1.81 | ||||
NYMT | 656.9M | 258.7M | -13.5 | 2.54 | ||||
IVR | 415.3M | 277.9M | -26.19 | 1.49 |
Tanger Factory Outlet Centers Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | -13.1% | 102 | 117 | 111 | 109 | 95.00 | 111 | 106 | 109 | 93.00 | 112 | 101 | 101 | 107 | 100 | 62.00 | 109 | 117 | 115 | 112 | 120 | 123 |
Operating Expenses | 17.9% | 96.00 | 81.00 | 77.00 | 76.00 | 92.00 | 79.00 | 78.00 | 78.00 | 90.00 | 79.00 | 75.00 | 80.00 | 129 | 14.00 | 68.00 | 126 | 154 | 14.00 | 84.00 | 86.00 | 118 |
S&GA Expenses | 13.3% | 21.00 | 19.00 | 18.00 | 17.00 | -51.91 | 17.00 | 19.00 | 15.00 | -47.03 | 15.00 | 16.00 | 17.00 | -34.94 | 11.00 | 12.00 | 13.00 | -14.13 | 0.00 | 16.00 | 12.00 | 11.00 |
EBITDA Margin | -12.0% | 0.51* | 0.58* | 0.29* | 0.28* | 0.27* | 0.23* | 0.15* | 0.11* | 0.09* | 0.28* | 0.28* | 0.17* | - | - | - | - | - | - | - | - | - |
Interest Expenses | -253.1% | -17.89 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 13.00 | 13.00 | 14.00 | 41.00 | 16.00 | 3.00 | 15.00 | -1.59 | 4.00 | 15.00 | 4.00 | -2.15 |
Earnings Before Taxes | -14.5% | 23.00 | 26.00 | 24.00 | 23.00 | 17.00 | 22.00 | 19.00 | 19.00 | 12.00 | -13.33 | -0.13 | 3.00 | -2.34 | 14.00 | -20.91 | -29.65 | -14.61 | 22.00 | 13.00 | 64.00 | 26.00 |
EBT Margin | 4.2% | 0.22* | 0.21* | 0.20* | 0.19* | 0.18* | 0.17* | 0.09* | 0.04* | 0.00* | -0.03* | 0.03* | -0.02* | - | - | - | - | - | - | - | - | - |
Net Income | 2.3% | 28.00 | 28.00 | 24.00 | 24.00 | 18.00 | 23.00 | 20.00 | 21.00 | 14.00 | -10.58 | 2.00 | 4.00 | 0.00 | 13.00 | -22.69 | -26.88 | -11.75 | 24.00 | 14.00 | 62.00 | 20.00 |
Net Income Margin | 8.9% | 0.24* | 0.22* | 0.02* | 0.01* | 0.00* | 0.16* | 0.08* | 0.04* | 0.00* | -0.01* | 0.02* | 0.01* | - | - | - | - | - | - | - | - | - |
Free Cashflow | 45.5% | 77.00 | 53.00 | 73.00 | 26.00 | 91.00 | 34.00 | 70.00 | 19.00 | 74.00 | 52.00 | 60.00 | 31.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 5.4% | 2,323 | 2,205 | 2,196 | 2,185 | 2,218 | 2,158 | 2,155 | 2,134 | 2,157 | 2,149 | 2,131 | 2,259 | 463 | 2,185 | 458 | 456 | 2,285 | 2,324 | 2,344 | 2,353 | 2,385 |
Cash Equivalents | -93.2% | 13.00 | 188 | 213 | 203 | 17.00 | 181 | 194 | 153 | 161 | 143 | 108 | 202 | 85.00 | 20.00 | 339 | 600 | 17.00 | 5.00 | 7.00 | 2.00 | 9.00 |
Liabilities | 2.4% | 1,733 | 1,693 | 1,688 | 1,679 | 1,704 | 1,642 | 1,643 | 1,624 | 1,658 | 1,669 | 342 | 343 | 1,831 | 375 | 2,233 | 2,443 | 385 | 1,826 | 1,827 | 1,850 | 1,879 |
Long Term Debt | 0.9% | 1,439 | 1,427 | 1,427 | 1,428 | 1,428 | 1,395 | 1,396 | 1,397 | 1,397 | 1,411 | 1,369 | 1,543 | 1,568 | 1,568 | 1,966 | 2,168 | 1,570 | 1,572 | 1,586 | 1,583 | 1,713 |
Shareholder's Equity | 15.5% | 567 | 491 | 508 | 506 | 492 | 516 | 513 | 511 | 500 | 480 | 523 | 483 | 359 | 349 | 330 | 348 | 456 | 498 | 517 | 503 | 506 |
Additional Paid-In Capital | 8.7% | 1,079 | 993 | 986 | 984 | 987 | 985 | 982 | 979 | 978 | 975 | 966 | 913 | 787 | 784 | 781 | 778 | 775 | 772 | 778 | 781 | 779 |
Shares Outstanding | -100.0% | - | 105 | 105 | 105 | 104 | 104 | 104 | 104 | 104 | - | - | - | - | - | - | - | - | - | - | - | - |
Float | - | - | - | 2,274 | - | - | - | 1,452 | - | - | - | 1,914 | - | - | - | 653 | - | - | - | 1,489 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | 45.5% | 77,402 | 53,194 | 73,345 | 25,574 | 91,219 | 33,666 | 70,221 | 18,854 | 73,768 | 52,345 | 60,329 | 31,276 | 72,786 | 77,744 | -13,065 | 27,282 | 61,420 | 66,250 | 59,553 | 33,168 | 78,358 |
Share Based Compensation | 2.4% | 3,471 | 3,388 | 3,381 | 2,271 | 3,004 | 3,006 | 4,251 | 2,708 | 3,150 | 2,994 | 2,763 | 3,845 | 2,951 | 2,347 | 3,430 | 3,789 | 3,749 | 3,572 | 6,981 | 3,818 | 3,855 |
Cashflow From Investing | -518.8% | -322,422 | -52,102 | -33,164 | -1,873 | -67,446 | -23,276 | -4,755 | -3,340 | -20,811 | -5,937 | 1,292 | 2,717 | -6,484 | 4,534 | -10,444 | -6,377 | -8,654 | -8,388 | -10,942 | 127,273 | -3,208 |
Cashflow From Financing | 368.9% | 69,046 | -25,676 | -29,637 | -33,011 | 7,661 | -23,806 | -24,104 | -23,914 | -34,772 | -10,846 | -155,717 | 82,956 | -1,248 | -401,059 | -238,187 | 562,901 | -40,834 | -60,559 | -42,842 | -167,898 | -70,421 |
Dividend Payments | 24.1% | 32,068 | 25,839 | 25,836 | 24,623 | 23,017 | 20,939 | 20,940 | 19,315 | 19,038 | 18,510 | 17,951 | 16,924 | 3,499 | -3,499 | 37,028 | 33,034 | 34,794 | 38,520 | 31,723 | 34,645 | 32,903 |
Buy Backs | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10,000 | 10,000 | - | - |
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Revenues: | |||
Rental revenues | $ 438,889 | $ 421,419 | $ 407,766 |
Management, leasing and other services | 6,833 | 6,411 | |
Tanger Factory Outlet Centers, Inc. [Member] | |||
Revenues: | |||
Rental revenues | 438,889 | 421,419 | 407,766 |
Management, leasing and other services | 8,660 | 7,157 | 6,411 |
Other revenues | 16,858 | 14,037 | 12,348 |
Total revenues | 464,407 | 442,613 | 426,525 |
Expenses: | |||
Property operating | 145,547 | 143,936 | 140,736 |
General and administrative | 76,130 | 71,532 | 65,817 |
Impairment charges | 0 | 0 | 6,989 |
Depreciation and amortization | 108,889 | 111,904 | 110,008 |
Total expenses | 330,566 | 327,372 | 323,550 |
Other income (expense): | |||
Interest expense | (47,928) | (46,967) | (52,866) |
Loss on early extinguishment of debt | 0 | (222) | (47,860) |
Gain on sale of assets | 0 | 3,156 | 0 |
Other income (expense) | 9,729 | 6,029 | (1,595) |
Total other income (expense) | (38,199) | (38,004) | (102,321) |
Income before equity in earnings of unconsolidated joint ventures | 95,642 | 77,237 | 654 |
Equity in earnings of unconsolidated joint ventures | 8,240 | 8,594 | 8,904 |
Net income | 103,882 | 85,831 | 9,558 |
Noncontrolling interests in Operating Partnership | (4,483) | (3,768) | (440) |
Noncontrolling interests in other consolidated partnerships | (248) | 0 | 0 |
Net income (loss) attributable to Tanger Factory Outlet Centers, Inc. | $ 99,151 | $ 82,063 | $ 9,118 |
Basic earnings per common share: | |||
Net income (loss) (in dollars per share) | $ 0.94 | $ 0.78 | $ 0.08 |
Diluted earnings per common share: | |||
Net income (loss) (in dollars per share) | $ 0.92 | $ 0.77 | $ 0.08 |
Tanger Properties Limited Partnership [Member] | |||
Revenues: | |||
Rental revenues | $ 438,889 | $ 421,419 | $ 407,766 |
Management, leasing and other services | 8,660 | 7,157 | 6,411 |
Other revenues | 16,858 | 14,037 | 12,348 |
Total revenues | 464,407 | 442,613 | 426,525 |
Expenses: | |||
Property operating | 145,547 | 143,936 | 140,736 |
General and administrative | 76,130 | 71,532 | 65,817 |
Impairment charges | 0 | 0 | 6,989 |
Depreciation and amortization | 108,889 | 111,904 | 110,008 |
Total expenses | 330,566 | 327,372 | 323,550 |
Other income (expense): | |||
Interest expense | (47,928) | (46,967) | (52,866) |
Loss on early extinguishment of debt | 0 | (222) | (47,860) |
Gain on sale of assets | 0 | 3,156 | 0 |
Other income (expense) | 9,729 | 6,029 | (1,595) |
Total other income (expense) | (38,199) | (38,004) | (102,321) |
Income before equity in earnings of unconsolidated joint ventures | 95,642 | 77,237 | 654 |
Equity in earnings of unconsolidated joint ventures | 8,240 | 8,594 | 8,904 |
Net income | 103,882 | 85,831 | 9,558 |
Noncontrolling interests in consolidated partnerships | (248) | 0 | 0 |
Net income (loss) attributable to Tanger Factory Outlet Centers, Inc. | 103,634 | 85,831 | 9,558 |
Net income available to limited partners | 102,588 | 84,971 | 9,458 |
Net income available to general partner | $ 1,046 | $ 860 | $ 100 |
Basic earnings per common share: | |||
Net income (loss) (in dollars per share) | $ 0.94 | $ 0.78 | $ 0.08 |
Diluted earnings per common share: | |||
Net income (loss) (in dollars per share) | $ 0.92 | $ 0.77 | $ 0.08 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Rental property: | ||
Operating lease right-of-use assets | $ 77,400 | $ 78,600 |
Debt: | ||
Operating lease liabilities | 86,076 | 87,500 |
Tanger Factory Outlet Centers, Inc. [Member] | ||
Rental property: | ||
Land | 303,605 | 275,079 |
Buildings, improvements and fixtures | 2,938,434 | 2,553,452 |
Construction in progress | 29,201 | 27,340 |
Total rental property, at cost | 3,271,240 | 2,855,871 |
Accumulated depreciation | (1,318,264) | (1,224,962) |
Total rental property, net | 1,952,976 | 1,630,909 |
Cash and cash equivalents | 12,778 | 212,124 |
Short-term investments | 9,187 | 52,450 |
Investments in unconsolidated joint ventures | 71,900 | 73,809 |
Deferred lease costs and other intangibles, net | 91,269 | 58,574 |
Operating lease right-of-use assets | 77,400 | 78,636 |
Prepaids and other assets | 108,609 | 111,163 |
Total assets | 2,324,119 | 2,217,665 |
Debt: | ||
Senior, unsecured notes, net | 1,039,840 | 1,037,998 |
Unsecured term loans, net | 322,322 | 321,525 |
Mortgages payable, net | 64,041 | 68,971 |
Unsecured lines of credit | 13,000 | 0 |
Total debt | 1,439,203 | 1,428,494 |
Accounts payable and accrued expenses | 118,505 | 104,741 |
Operating lease liabilities | 86,076 | 87,528 |
Other liabilities | 89,022 | 82,968 |
Total liabilities | 1,732,806 | 1,703,731 |
Commitments and contingencies (Note 22) | ||
Tanger Inc.: | ||
Common shares, $0.01 par value, 300,000,000 shares authorized, 108,793,251 and 104,497,920 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively | 1,088 | 1,045 |
Paid in capital | 1,079,387 | 987,192 |
Accumulated distributions in excess of net income | (490,171) | (485,557) |
Partners' Equity | ||
Accumulated other comprehensive loss | (23,519) | (11,037) |
Equity attributable to Tanger Inc. | 566,785 | 491,643 |
Noncontrolling interests in Operating Partnership | 24,528 | 22,291 |
Noncontrolling interests in other consolidated partnerships | 0 | 0 |
Total equity | 591,313 | 513,934 |
Total liabilities and equity | 2,324,119 | 2,217,665 |
Tanger Properties Limited Partnership [Member] | ||
Rental property: | ||
Land | 303,605 | 275,079 |
Buildings, improvements and fixtures | 2,938,434 | 2,553,452 |
Construction in progress | 29,201 | 27,340 |
Total rental property, at cost | 3,271,240 | 2,855,871 |
Accumulated depreciation | (1,318,264) | (1,224,962) |
Total rental property, net | 1,952,976 | 1,630,909 |
Cash and cash equivalents | 12,572 | 212,011 |
Short-term investments | 9,187 | 52,450 |
Investments in unconsolidated joint ventures | 71,900 | 73,809 |
Deferred lease costs and other intangibles, net | 91,269 | 58,574 |
Operating lease right-of-use assets | 77,400 | 78,636 |
Prepaids and other assets | 108,157 | 110,622 |
Total assets | 2,323,461 | 2,217,011 |
Debt: | ||
Senior, unsecured notes, net | 1,039,840 | 1,037,998 |
Unsecured term loans, net | 322,322 | 321,525 |
Mortgages payable, net | 64,041 | 68,971 |
Unsecured lines of credit | 13,000 | 0 |
Total debt | 1,439,203 | 1,428,494 |
Accounts payable and accrued expenses | 117,847 | 104,087 |
Operating lease liabilities | 86,076 | 87,528 |
Other liabilities | 89,022 | 82,968 |
Total liabilities | 1,732,148 | 1,703,077 |
Commitments and contingencies (Note 22) | ||
Partners' Equity | ||
General partner, 1,150,000 and 1,100,000 units outstanding at December 31, 2023 and December 31, 2022, respectively | 5,776 | 4,516 |
Limited partners, 4,707,958 and 4,737,982 Class A common units, and 107,643,251 and 103,397,920 Class B common units outstanding at December 31, 2023 and December 31, 2022, respectively | 610,330 | 521,168 |
Accumulated other comprehensive loss | (24,793) | (11,750) |
Total partners' equity | 591,313 | 513,934 |
Noncontrolling interests in other consolidated partnerships | 0 | 0 |
Total equity | 591,313 | 513,934 |
Total liabilities and equity | $ 2,323,461 | $ 2,217,011 |