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SKT

SKT - Tanger Factory Outlet Centers Inc Stock Price, Fair Value and News

27.73USD-0.16 (-0.57%)Delayed

Market Summary

SKT
USD27.73-0.16
Delayed
-0.57%

SKT Alerts

  • 1 major insider sales recently.

SKT Stock Price

View Fullscreen

SKT RSI Chart

SKT Valuation

Market Cap

3.0B

Price/Earnings (Trailing)

29.58

Price/Sales (Trailing)

6.69

EV/EBITDA

19.51

Price/Free Cashflow

12.9

SKT Price/Sales (Trailing)

SKT Profitability

EBT Margin

20.63%

Return on Equity

17.68%

Return on Assets

4.45%

Free Cashflow Yield

7.75%

SKT Fundamentals

SKT Revenue

Revenue (TTM)

453.3M

Rev. Growth (Yr)

13.24%

Rev. Growth (Qtr)

21%

SKT Earnings

Earnings (TTM)

102.5M

Earnings Growth (Yr)

-4.79%

Earnings Growth (Qtr)

-20.71%

Breaking Down SKT Revenue

Last 7 days

-0.3%

Last 30 days

4.7%

Last 90 days

-3.2%

Trailing 12 Months

41.1%

How does SKT drawdown profile look like?

SKT Financial Health

Debt/Equity

2.54

Debt/Cashflow

0.16

SKT Investor Care

Dividend Yield

3.5%

Dividend/Share (TTM)

0.97

Shares Dilution (1Y)

3.97%

Diluted EPS (TTM)

0.91

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024453.3M000
2023421.5M426.3M432.2M438.9M
2022415.9M420.5M419.5M421.4M
2021370.1M409.1M421.3M407.8M
2020452.6M402.4M387.6M377.9M
2019480.0M475.9M470.6M463.9M
2018476.6M478.0M479.4M480.7M
20173.3M2.6M238.9M475.3M
20165.3M4.9M4.4M3.8M
20154.3M5.3M5.3M5.4M
20143.2M3.3M3.5M3.6M
20130003.1M
20120002.0M

Tracking the Latest Insider Buys and Sells of Tanger Factory Outlet Centers Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 08, 2024
skerritt susan e
sold
-260,740
27.7
-9,413
-
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 29, 2024
skerritt susan e
sold
-94,703
28.62
-3,309
-
Feb 26, 2024
swanson gallardo leslie
sold (taxes)
-264,056
28.78
-9,175
evp, chief operating officer

1–10 of 50

Which funds bought or sold SKT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
JANE STREET GROUP, LLC
reduced
-69.34
-1,525,030
739,579
-%
May 16, 2024
Pineridge Advisors LLC
sold off
-100
-7,401
-
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-3.46
87,657
3,170,370
-%
May 16, 2024
HANCOCK WHITNEY CORP
added
46.85
763,339
2,115,880
0.07%
May 16, 2024
Beacon Capital Management, LLC
unchanged
-
860
3,662
-%
May 15, 2024
GRS Advisors, LLC
added
11.13
6,803,340
43,813,400
5.88%
May 15, 2024
CAPTRUST FINANCIAL ADVISORS
sold off
-100
-201,425
-
-%
May 15, 2024
CITADEL ADVISORS LLC
reduced
-45.4
-3,020,320
4,198,550
-%
May 15, 2024
MARSHALL WACE, LLP
new
-
11,281,600
11,281,600
0.02%
May 15, 2024
Walleye Trading LLC
new
-
97,242
97,242
-%

1–10 of 41

Are Funds Buying or Selling SKT?

Are funds buying SKT calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own SKT
No. of Funds

Unveiling Tanger Factory Outlet Centers Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
16.00%
16,848,211
SC 13G/A
Jan 29, 2024
state street corp
6.31%
6,643,009
SC 13G/A
Jan 19, 2024
blackrock inc.
18.3%
19,654,127
SC 13G/A
Feb 09, 2023
vanguard group inc
16.09%
16,785,960
SC 13G/A
Feb 07, 2023
state street corp
6.20%
6,471,877
SC 13G/A
Jan 23, 2023
blackrock inc.
18.0%
18,770,386
SC 13G/A
Feb 14, 2022
state street corp
5.34%
5,551,704
SC 13G/A
Feb 10, 2022
vanguard group inc
16.19%
16,839,838
SC 13G/A
Jan 27, 2022
blackrock inc.
18.0%
18,684,681
SC 13G/A
Jan 26, 2022
blackrock inc.
18.0%
18,684,681
SC 13G

Recent SEC filings of Tanger Factory Outlet Centers Inc

View All Filings
Date Filed Form Type Document
May 16, 2024
4
Insider Trading
May 10, 2024
4/A
Insider Trading
May 08, 2024
144
Notice of Insider Sale Intent
May 01, 2024
10-Q
Quarterly Report
Apr 30, 2024
8-K
Current Report
Apr 15, 2024
8-K
Current Report
Apr 04, 2024
ARS
ARS
Apr 04, 2024
DEF 14A
DEF 14A
Apr 04, 2024
DEFA14A
DEFA14A
Mar 18, 2024
4
Insider Trading

Peers (Alternatives to Tanger Factory Outlet Centers Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
90.9B
11.2B
13.13% 1.87%
46.04
8.11
3.63% 50.79%
44.7B
6.8B
10.57% -9.74%
32.06
6.53
-2.39% -16.60%
28.3B
2.8B
9.91% 13.04%
29.6
10.08
5.72% -6.47%
21.7B
3.0B
6.63% 6.21%
110.61
7.35
10.44% -73.79%
13.5B
1.6B
6.12% 9.11%
31.9
8.3
8.93% 11.87%
11.3B
1.4B
6.30% 4.57%
30.12
8.22
10.48% -2.93%
9.9B
3.3B
9.08% 28.09%
51.64
3
4.82% -75.15%
MID-CAP
8.5B
1.2B
5.40% 14.57%
35.59
7.38
5.48% -38.69%
3.4B
892.3M
6.62% 140.10%
-6.71
3.85
-5.33% -307.54%
3.4B
878.0M
1.11% 67.10%
-9.8
3.82
2.35% -290.60%
SMALL-CAP
1.4B
444.1M
12.17% 21.82%
20.36
3.15
3.54% 8.91%
1.2B
198.2M
6.70% -0.84%
-7.55
6.02
-43.33% -308.08%
1.1B
650.2M
7.51% 2.13%
36.77
1.73
27.93% 140.31%
572.0M
285.4M
-8.06% -36.92%
-4.15
2
11.05% 83.70%
459.4M
277.2M
15.74% -12.95%
-56.03
1.66
25.89% 94.64%

Tanger Factory Outlet Centers Inc News

Latest updates
Yahoo Movies UK16 May 202401:07 am
Yahoo Singapore News11 May 202403:25 pm
Stock Traders Daily04 May 202412:42 pm
American Banking and Market News2 months ago

Tanger Factory Outlet Centers Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue21.0%12310211711110995.0011110610993.0011210110110710062.00109117115112120
Operating Expenses-7.1%89.0096.0081.0077.0076.0092.0079.0078.0078.0090.0079.0075.0080.0012914.0068.0012615414.0084.0086.00
  S&GA Expenses-100.0%-21.0019.0018.0017.00-51.9117.0019.0015.00-47.0315.0016.0017.00-34.9411.0012.0013.00-14.130.0016.0012.00
EBITDA Margin0.2%0.51*0.51*0.58*0.57*0.57*0.56*0.53*0.45*0.42*0.40*0.46*0.49*---------
Interest Expenses180.2%14.00-17.8912.0012.0012.0012.0012.0012.0012.0012.0013.0013.0014.0041.0016.003.0015.00-1.594.0015.004.00
Earnings Before Taxes-8.2%21.0023.0026.0024.0023.0017.0022.0019.0019.0012.00-13.33-0.133.00-2.3414.00-20.91-29.65-14.6122.0013.0064.00
EBT Margin-5.3%0.21*0.22*0.21*0.20*0.19*0.18*0.17*0.09*0.04*0.00*-0.03*0.03*---------
Net Income-20.7%22.0028.0028.0024.0024.0018.0023.0020.0021.0014.00-10.582.004.000.0013.00-22.69-26.88-11.7524.0014.0062.00
Net Income Margin-4.2%0.23*0.24*0.22*0.21*0.20*0.19*0.18*0.10*0.06*0.02*-0.01*0.05*---------
Free Cashflow-59.8%31.0077.0053.0073.0026.0091.0034.0070.0019.0074.0052.0060.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-1.0%2,3012,3232,2052,1962,1852,2182,1582,1552,1342,1572,1492,1312,2594632,1854584562,2852,3242,3442,353
    Cash Equivalents-36.3%8.0013.0018821320317.0018119415316114310820285.0020.0033960017.005.007.002.00
Liabilities-0.7%1,7211,7331,6931,6881,6791,7041,6421,6431,6241,6581,6693423431,8313752,2332,4433851,8261,8271,850
  Long Term Debt2.3%1,4721,4391,4271,4271,4281,4281,3951,3961,3971,3971,4111,3691,5431,5681,5681,9662,1681,5701,5721,5861,583
Shareholder's Equity2.3%580567491508506492516513511500480523483359349330348456498517503
  Additional Paid-In Capital-0.6%1,0731,079993986984987985982979978975966913787784781778775772778781
Shares Outstanding0.5%109109105105105104104104104104-----------
Float----2,274---1,452---1,914---653---1,489-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-59.8%31,08177,40253,19473,34525,57491,21933,66670,22118,85473,76852,34560,32931,27672,78677,744-13,06527,28261,42066,25059,55333,168
  Share Based Compensation0.7%3,4973,4713,3883,3812,2713,0043,0064,2512,7083,1502,9942,7633,8452,9512,3473,4303,7893,7493,5726,9813,818
Cashflow From Investing91.8%-26,299-322,422-52,102-33,164-1,873-67,446-23,276-4,755-3,340-20,811-5,9371,2922,717-6,4844,534-10,444-6,377-8,654-8,388-10,942127,273
Cashflow From Financing-113.5%-9,33669,046-25,676-29,637-33,0117,661-23,806-24,104-23,914-34,772-10,846-155,71782,956-1,248-401,059-238,187562,901-40,834-60,559-42,842-167,898
  Dividend Payments-7.8%29,57232,06825,83925,83624,62323,01720,93920,94019,31519,03818,51017,95116,9243,499-3,49937,02833,03434,79438,52031,72334,645
  Buy Backs-------------------10,00010,000-
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SKT Income Statement

2024-03-31
TANGER FACTORY OUTLET CENTERS, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:  
Rental revenues$ 117,809$ 103,582
Management, leasing and other services2,2781,914
Other revenues3,2843,447
Total revenues123,371108,943
Expenses:  
Property operating35,46533,148
General and administrative19,49017,434
Depreciation and amortization33,86025,893
Total expenses88,81576,475
Other income (expense):  
Interest expense(14,353)(12,343)
Other income (expense)5872,800
Total other income (expense)(13,766)(9,543)
Income before equity in earnings of unconsolidated joint ventures20,79022,925
Equity in earnings of unconsolidated joint ventures2,5161,935
Net income23,30624,860
Noncontrolling interests in Operating Partnership(973)(1,071)
Noncontrolling interests in other consolidated partnerships80(248)
Net income attributable to Tanger Inc.$ 22,413$ 23,541
Basic earnings per common share/unit  
Net income (in dollars per unit)$ 0.20$ 0.22
Diluted earnings per common share/unit  
Net income (in dollars per unit)$ 0.20$ 0.22

SKT Balance Sheet

2024-03-31
TANGER FACTORY OUTLET CENTERS, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Rental property:  
Land$ 303,605$ 303,605
Buildings, improvements and fixtures2,944,0772,938,434
Construction in progress39,24929,201
Rental property, at cost, total3,286,9313,271,240
Accumulated depreciation(1,347,011)(1,318,264)
Total rental property, net1,939,9201,952,976
Cash and cash equivalents8,13712,778
Short-term investments7,7399,187
Investments in unconsolidated joint ventures71,70171,900
Deferred lease costs and other intangibles, net86,43691,269
Operating lease right-of-use assets77,08277,400
Prepaids and other assets110,151108,609
Total assets2,301,1662,324,119
Debt:  
Senior, unsecured notes, net1,040,3101,039,840
Unsecured term loan, net322,537322,322
Mortgages payable, net62,77264,041
Unsecured lines of credit46,00013,000
Total debt1,471,6191,439,203
Accounts payable and accrued expenses77,922118,505
Operating lease liabilities85,75786,076
Other liabilities86,14589,022
Total liabilities1,721,4431,732,806
Commitments and contingencies
Tanger Inc.:  
Common shares, $0.01 par value, 300,000,000 shares authorized, 109,366,452 and 108,793,251 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively1,0941,088
Paid in capital1,073,3131,079,387
Accumulated distributions in excess of net income (497,330)(490,171)
Accumulated other comprehensive loss(21,280)(23,519)
Equity attributable to Tanger Inc.555,797566,785
Noncontrolling interests in Operating Partnership23,92624,528
Noncontrolling interests in other consolidated partnerships00
Total equity579,723591,313
Total liabilities and equity$ 2,301,166$ 2,324,119
SKT
Tanger Factory Outlet Centers, Inc. (NYSE: SKT), a leading operator of upscale open-air outlet centers, fully or partially owns and/or manages a portfolio of 37 centers, including one center under development. Tanger's operating centers, which comprise approximately 14 million square feet, are located in 20 states and in Canada and are leased to over 2,700 stores operated by more than 600 different brand name companies. Tanger has more than 42 years of experience in the outlet industry and has been a publicly traded REIT since 1993. Tanger is furnishing a Form 8-K with the Securities and Exchange Commission ("SEC") that includes a supplemental information package for the quarter ended June 30, 2023.
 CEO
 WEBSITEtangeroutlets.com
 INDUSTRYREIT Mortgage
 EMPLOYEES341

Tanger Factory Outlet Centers Inc Frequently Asked Questions


What is the ticker symbol for Tanger Factory Outlet Centers Inc? What does SKT stand for in stocks?

SKT is the stock ticker symbol of Tanger Factory Outlet Centers Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Tanger Factory Outlet Centers Inc (SKT)?

As of Fri May 17 2024, market cap of Tanger Factory Outlet Centers Inc is 3.03 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SKT stock?

You can check SKT's fair value in chart for subscribers.

What is the fair value of SKT stock?

You can check SKT's fair value in chart for subscribers. The fair value of Tanger Factory Outlet Centers Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Tanger Factory Outlet Centers Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SKT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Tanger Factory Outlet Centers Inc a good stock to buy?

The fair value guage provides a quick view whether SKT is over valued or under valued. Whether Tanger Factory Outlet Centers Inc is cheap or expensive depends on the assumptions which impact Tanger Factory Outlet Centers Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SKT.

What is Tanger Factory Outlet Centers Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, SKT's PE ratio (Price to Earnings) is 29.58 and Price to Sales (PS) ratio is 6.69. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SKT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Tanger Factory Outlet Centers Inc's stock?

In the past 10 years, Tanger Factory Outlet Centers Inc has provided 0.019 (multiply by 100 for percentage) rate of return.