Tanger Inc. (SKT)
- Previous Close
28.50 - Open
28.41 - Bid 28.50 x 800
- Ask 29.50 x 800
- Day's Range
28.18 - 28.86 - 52 Week Range
18.00 - 29.98 - Volume
802,614 - Avg. Volume
783,453 - Market Cap (intraday)
3.128B - Beta (5Y Monthly) 1.81
- PE Ratio (TTM)
31.14 - EPS (TTM)
0.92 - Earnings Date Apr 30, 2024
- Forward Dividend & Yield 1.10 (3.84%)
- Ex-Dividend Date Apr 29, 2024
- 1y Target Est
29.00
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.comRecent News: SKT
Performance Overview: SKT
Trailing total returns as of 4/24/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: SKT
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Statistics: SKT
Valuation Measures
Market Cap
3.11B
Enterprise Value
4.62B
Trailing P/E
30.98
Forward P/E
34.36
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
6.54
Price/Book (mrq)
5.49
Enterprise Value/Revenue
9.94
Enterprise Value/EBITDA
17.70
Financial Highlights
Profitability and Income Statement
Profit Margin
20.98%
Return on Assets (ttm)
3.89%
Return on Equity (ttm)
18.80%
Revenue (ttm)
472.65M
Net Income Avi to Common (ttm)
97.97M
Diluted EPS (ttm)
0.92
Balance Sheet and Cash Flow
Total Cash (mrq)
15.49M
Total Debt/Equity (mrq)
258.46%
Levered Free Cash Flow (ttm)
180.44M
Research Analysis: SKT
Company Insights: SKT
Fair Value
Dividend Score
Hiring Score
Insider Sentiment Score
Research Reports: SKT
SKT: Raising target price to $31.00
TANGER INC has an Investment Rating of BUY; a target price of $31.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of High; and a Value Subrating of Low.
RatingPrice TargetSKT: Lowering target price to $29.00
TANGER INC has an Investment Rating of BUY; a target price of $29.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of High; and a Value Subrating of Low.
RatingPrice TargetSKT: What does Argus have to say about SKT?
TANGER INC has an Investment Rating of BUY; a target price of $31.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of High; and a Value Subrating of Low.
RatingPrice TargetSKT: Lowering target price to $31.00
TANGER INC has an Investment Rating of BUY; a target price of $31.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of High; and a Value Subrating of Low.
RatingPrice Target