Tanger Inc. (SKT)

$28.24

-0.07

(-0.25%)

Market is closed - opens 7 PM, 22 Jul 2024

Performance

  • $28.06
    $28.46
    $28.24
    downward going graph

    0.64%

    Downside

    Day's Volatility :1.41%

    Upside

    0.77%

    downward going graph
  • $20.82
    $29.69
    $28.24
    downward going graph

    26.27%

    Downside

    52 Weeks Volatility :29.88%

    Upside

    4.88%

    downward going graph

Returns

PeriodTanger Inc.Sector (Real Estate)Index (Russel 2000)
3 Months
1.88%
12.9%
0.0%
6 Months
2.54%
4.7%
0.0%
1 Year
19.81%
4.9%
0.0%
3 Years
53.98%
-12.3%
-20.8%

Highlights

Market Capitalization
3.1B
Book Value
$5.08
Dividend Share
1.04
Dividend Yield
3.89%
Earnings Per Share (EPS)
0.9
PE Ratio
31.46
PEG Ratio
3.65
Wall Street Target Price
30.17
Profit Margin
20.1%
Operating Margin TTM
30.68%
Return On Assets TTM
4.08%
Return On Equity TTM
18.84%
Revenue TTM
487.7M
Revenue Per Share TTM
4.61
Quarterly Revenue Growth YOY
13.5%
Gross Profit TTM
327.1M
EBITDA
255.0M
Diluted Eps TTM
0.9
Quarterly Earnings Growth YOY
-0.09
EPS Estimate Current Year
0.77
EPS Estimate Next Year
0.86
EPS Estimate Current Quarter
0.19
EPS Estimate Next Quarter
0.19

Analyst Recommendation

Hold
    41%Buy
    50%Hold
    8%Sell
Based on 12 Wall street analysts offering stock ratings for Tanger Inc.(by analysts ranked 0 to 5 stars)
Based on 12 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
5
2
1
Hold
6
7
8
Sell
1
7
7

Analyst Forecast

What analysts predicted

Upside of 6.83%

Current $28.24
Target $30.17

Company Financials

FY18Y/Y Change
Revenue
494.7M
↑ 1.32%
Net Income
-6.1M
↓ 108.95%
Net Profit Margin
-1.23%
↓ 15.16%
FY19Y/Y Change
Revenue
478.3M
↓ 3.3%
Net Income
21.1M
↓ 446.89%
Net Profit Margin
4.41%
↑ 5.64%
FY20Y/Y Change
Revenue
390.0M
↓ 18.47%
Net Income
-101.5M
↓ 580.79%
Net Profit Margin
-26.02%
↓ 30.43%
FY21Y/Y Change
Revenue
426.5M
↑ 9.37%
Net Income
-51.1M
↓ 49.68%
Net Profit Margin
-11.97%
↑ 14.05%
FY22Y/Y Change
Revenue
442.6M
↑ 3.77%
Net Income
38.0M
↓ 174.49%
Net Profit Margin
8.59%
↑ 20.56%
FY23Y/Y Change
Revenue
464.4M
↑ 4.92%
Net Income
99.2M
↑ 160.72%
Net Profit Margin
21.35%
↑ 12.76%
Q4 FY22Q/Q Change
Revenue
116.5M
↑ 4.5%
Net Income
9.2M
↓ 20.79%
Net Profit Margin
7.9%
↓ 2.52%
Q1 FY23Q/Q Change
Revenue
108.9M
↓ 6.46%
Net Income
23.5M
↑ 155.85%
Net Profit Margin
21.61%
↑ 13.71%
Q2 FY23Q/Q Change
Revenue
110.6M
↑ 1.56%
Net Income
24.2M
↑ 2.81%
Net Profit Margin
21.87%
↑ 0.26%
Q3 FY23Q/Q Change
Revenue
117.3M
↑ 6.06%
Net Income
27.6M
↑ 14.14%
Net Profit Margin
23.54%
↑ 1.67%
Q4 FY23Q/Q Change
Revenue
127.5M
↑ 8.63%
Net Income
23.8M
↓ 13.9%
Net Profit Margin
18.66%
↓ 4.88%
Q1 FY24Q/Q Change
Revenue
123.4M
↓ 3.22%
Net Income
22.4M
↓ 5.76%
Net Profit Margin
18.17%
↓ 0.49%
FY18Y/Y Change
Total Assets
2.4B
↓ 6.11%
Total Liabilities
1.9B
↓ 2.51%
FY19Y/Y Change
Total Assets
2.3B
↓ 4.18%
Total Liabilities
1.8B
↓ 2.67%
FY20Y/Y Change
Total Assets
2.2B
↓ 4.19%
Total Liabilities
1.8B
↑ 0.08%
FY21Y/Y Change
Total Assets
2.2B
↓ 1.47%
Total Liabilities
1.7B
↓ 9.45%
FY22Y/Y Change
Total Assets
2.2B
↑ 2.79%
Total Liabilities
1.7B
↑ 2.78%
FY23Y/Y Change
Total Assets
2.3B
↑ 4.8%
Total Liabilities
1.7B
↑ 1.71%
Q4 FY22Q/Q Change
Total Assets
2.2B
↑ 2.78%
Total Liabilities
1.7B
↑ 3.76%
Q1 FY23Q/Q Change
Total Assets
2.2B
↓ 1.46%
Total Liabilities
1.7B
↓ 1.45%
Q2 FY23Q/Q Change
Total Assets
2.2B
↑ 0.48%
Total Liabilities
1.7B
↑ 0.54%
Q3 FY23Q/Q Change
Total Assets
2.2B
↑ 0.43%
Total Liabilities
1.7B
↑ 0.28%
Q4 FY23Q/Q Change
Total Assets
2.3B
↑ 5.39%
Total Liabilities
1.7B
↑ 2.36%
Q1 FY24Q/Q Change
Total Assets
2.3B
↓ 0.99%
Total Liabilities
1.7B
↓ 0.66%
FY18Y/Y Change
Operating Cash Flow
258.3M
↑ 2.04%
Investing Cash Flow
-40.0M
↓ 65.95%
Financing Cash Flow
-215.2M
↑ 51.89%
FY19Y/Y Change
Operating Cash Flow
220.5M
↓ 14.66%
Investing Cash Flow
128.5M
↓ 421.08%
Financing Cash Flow
-312.1M
↑ 45.04%
FY20Y/Y Change
Operating Cash Flow
164.7M
↓ 25.27%
Investing Cash Flow
128.5M
↑ 0.0%
Financing Cash Flow
-77.6M
↓ 75.14%
FY21Y/Y Change
Operating Cash Flow
217.7M
↑ 32.15%
Investing Cash Flow
-22.7M
↓ 117.7%
Financing Cash Flow
-118.4M
↑ 52.56%
FY22Y/Y Change
Operating Cash Flow
214.0M
↓ 1.73%
Investing Cash Flow
-98.8M
↑ 334.57%
Financing Cash Flow
-64.2M
↓ 45.8%
Q4 FY22Q/Q Change
Operating Cash Flow
91.2M
↑ 170.95%
Investing Cash Flow
-98.8M
↑ 324.54%
Financing Cash Flow
7.7M
↓ 132.18%
Q1 FY23Q/Q Change
Operating Cash Flow
25.6M
↓ 71.96%
Investing Cash Flow
-1.9M
↓ 98.1%
Financing Cash Flow
-33.0M
↓ 530.9%
Q2 FY23Q/Q Change
Operating Cash Flow
73.3M
↑ 186.8%
Investing Cash Flow
-33.2M
↑ 1670.64%
Financing Cash Flow
-29.6M
↓ 10.22%
Q3 FY23Q/Q Change
Operating Cash Flow
53.2M
↓ 27.47%
Investing Cash Flow
-87.1M
↑ 162.75%
Financing Cash Flow
-25.7M
↓ 13.37%

Technicals Summary

Sell

Neutral

Buy

Tanger Inc. is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Tanger Inc.
Tanger Inc.
6.37%
2.54%
19.81%
53.98%
75.84%
Realty Income Corporation
Realty Income Corporation
8.33%
3.6%
-8.24%
-17.95%
-15.94%
Simon Property Group Inc.
Simon Property Group Inc.
4.99%
8.05%
24.1%
19.95%
-1.08%
Federal Realty Investment Trust
Federal Realty Investment Trust
9.23%
8.63%
6.05%
-7.57%
-14.01%
Regency Centers Corporation
Regency Centers Corporation
6.37%
4.97%
0.46%
0.26%
2.27%
Kimco Realty Corporation
Kimco Realty Corporation
11.91%
4.53%
1.53%
-0.05%
16.96%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Tanger Inc.
Tanger Inc.
31.46
31.46
3.65
0.77
0.19
0.04
0.04
5.08
Realty Income Corporation
Realty Income Corporation
53.45
53.45
4.72
1.35
0.02
0.02
0.05
44.77
Simon Property Group Inc.
Simon Property Group Inc.
19.5
19.5
7.6
7.37
0.79
0.05
0.05
9.4
Federal Realty Investment Trust
Federal Realty Investment Trust
38.85
38.85
3.79
2.85
0.08
0.03
0.04
33.25
Regency Centers Corporation
Regency Centers Corporation
32.24
32.24
4.57
1.99
0.06
0.03
0.04
36.86
Kimco Realty Corporation
Kimco Realty Corporation
40.17
40.17
3.71
0.44
0.04
0.02
0.05
15.75
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Tanger Inc.
Tanger Inc.
Hold
$3.1B
75.84%
31.46
20.1%
Realty Income Corporation
Realty Income Corporation
Buy
$50.3B
-15.94%
53.45
17.73%
Simon Property Group Inc.
Simon Property Group Inc.
Hold
$57.4B
-1.08%
19.5
44.57%
Federal Realty Investment Trust
Federal Realty Investment Trust
Buy
$9.2B
-14.01%
38.85
20.66%
Regency Centers Corporation
Regency Centers Corporation
Buy
$12.3B
2.27%
32.24
26.63%
Kimco Realty Corporation
Kimco Realty Corporation
Hold
$14.4B
16.96%
40.17
19.17%

Insights on Tanger Inc.

  • Decreasing Revenue

    Revenue is down for the last 2 quarters, 127.47M → 123.37M (in $), with an average decrease of 3.2% per quarter

  • Decreasing Net Profit

    Netprofit is down for the last 3 quarters, 27.62M → 22.41M (in $), with an average decrease of 9.8% per quarter

  • Vs SPG

    In the last 1 year, Simon Property Group Inc. has given 24.1% return, outperforming this stock by 4.3%

Institutional Holdings

  • BlackRock Inc

    18.21%
  • Vanguard Group Inc

    15.96%
  • State Street Corporation

    5.71%
  • FMR Inc

    3.92%
  • Wellington Management Company LLP

    2.85%
  • Geode Capital Management, LLC

    2.33%

Corporate Announcements

  • Tanger Inc. Dividends March,2024

    In the quarter ending March,2024. Tanger Inc. has declared dividend of $0.26

    Read More

Company Information

tanger factory outlet centers, inc.(nyse:skt), is a publicly-traded reit headquartered in greensboro, north carolina. tanger’s portfolio of outlet centers has continued to expand and today includes 46 outlet centers in 24 states coast to coast and in canada. savvy outlet shoppers look to tanger outlet centers for the biggest selection of first-quality, in-season merchandise, for the latest fashion trends from their favorite brand name and designer outlet stores and so much more. because consumer love shopping and saving direct from the manufacturer, tanger centers are major tourist attractions that welcome more than 180 million brand name bargain hunters annually. america knows the value of shopping tangerstyle. for more information on tanger visit our web site at www.tangeroutlet.com. if you are interested in a career with tanger, please visit our careers page: http://www.tangeroutlet.com/company/careers.aspx

Organization
Tanger Inc.
Employees
364
CEO
Mr. Stephen J. Yalof
Industry
Finance

FAQs