Tanger Factory Outlet Centers Inc logo

SKT - Tanger Factory Outlet Centers Inc Share Price

$6.74 -0.1  -1.6%

Last Trade - 9:10pm

Sector
Financials
Size
Mid Cap
Market Cap £510.6m
Enterprise Value £1.77bn
Revenue £372.3m
Position in Universe 2630th / 6320
Bullish
Bearish
Unlock SKT Revenue
Momentum
Relative Strength (%)
1m -21.0%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -61.8%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
418.6 439.4 465.8 488.2 494.7 478.3 402.3 385.4 +2.7%
-25.2 +23.2 +95.7 -50.7 -2.7 -12.0 -81.4 +125.9
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the three months ended 31 March 2020, Tanger Factory Outlet Centers Inc. revenues decreased 9% to $111.6M. Net loss applicable to common stockholders totaled $27.4M vs. income of $61.7M. Revenues reflect FFO per Share (Diluted) decrease of 12% to $0.5, Rental revenues decrease of 10% to $108.6M, Other revenues decrease of 12% to $1.6M. Net loss reflects Net Operating Income (NOI) - Total decrease of 9% to $71.5M.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

SKT Revenue Unlock SKT Revenue

Net Income

SKT Net Income Unlock SKT Revenue

Normalised EPS

SKT Normalised EPS Unlock SKT Revenue

PE Ratio Range

SKT PE Ratio Range Unlock SKT Revenue

Dividend Yield Range

SKT Dividend Yield Range Unlock SKT Revenue
Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
()
EPS
()
DPS
()
Net Profit
()
EPS
()
DPS
()
Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
SKT EPS Forecasts Unlock SKT Revenue
Profile Summary

Tanger Factory Outlet Centers, Inc. is an owner and operator of outlet centers in the United States and Canada. The Company is a fully-integrated, self-administered and self-managed real estate investment trust (REIT), which focuses on developing, acquiring, owning, operating and managing outlet shopping centers. As of December 31, 2016, its portfolio consisted of 36 outlet centers, with a total gross leasable area of approximately 12.7 million square feet, which were 98% occupied and contained over 2,600 stores representing approximately 400 store brands. Its outlet centers and other assets are held by, and all of its operations are conducted by, Tanger Properties Limited Partnership and subsidiaries (Operating Partnership). The Company owns the majority of the units of partnership interest issued by the Operating Partnership, through its subsidiaries, Tanger GP Trust and Tanger LP Trust. Tanger GP Trust controls the Operating Partnership as its sole general partner.

Directors
Last Annual December 31st, 2019
Last Interim March 31st, 2020
Incorporated March 3, 1993
Public Since May 28, 1993
No. of Shareholders: 377
No. of Employees: 285
Sector Financials
Industry Residential & Commercial REITs
Index S&P 600 Small Cap , S&P Composite 1500 ,
Exchange New York Stock Exchange
Shares in Issue 93,466,009
Free Float (0.0%)
Eligible for
ISAs
SIPPs
SKT Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for SKT
Upcoming Events for SKT
Wednesday 29th July, 2020 Estimate
Q2 2020 Tanger Factory Outlet Centers Inc Earnings Release
Thursday 6th August, 2020
Q2 2020 Tanger Factory Outlet Centers Inc Earnings Call
Wednesday 28th October, 2020 Estimate
Q3 2020 Tanger Factory Outlet Centers Inc Earnings Release
Frequently Asked Questions for Tanger Factory Outlet Centers Inc
What is the Tanger Factory Outlet Centers Inc share price?

As of 9:10pm, shares in Tanger Factory Outlet Centers Inc are trading at $6.74, giving the company a market capitalisation of £510.6m. This share price information is delayed by 15 minutes.

How has the Tanger Factory Outlet Centers Inc share price performed this year?

Shares in Tanger Factory Outlet Centers Inc are currently trading at $6.74 and the price has moved by -57.95% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Tanger Factory Outlet Centers Inc price has moved by -60.6% over the past year.

What are the analyst and broker recommendations for Tanger Factory Outlet Centers Inc?

Of the analysts with advisory recommendations for Tanger Factory Outlet Centers Inc, there are there are currently 0 "buy" , 2 "hold" and 1 "sell" recommendations. The overall consensus recommendation for Tanger Factory Outlet Centers Inc is Sell. You can view the full broker recommendation list by unlocking its StockReport.

When will Tanger Factory Outlet Centers Inc next release its financial results?

Tanger Factory Outlet Centers Inc is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-03-31
What is the Tanger Factory Outlet Centers Inc dividend yield?

The Tanger Factory Outlet Centers Inc dividend yield is 20.73% based on the trailing twelve month period.

Does Tanger Factory Outlet Centers Inc pay a dividend?

Last year, Tanger Factory Outlet Centers Inc paid a total dividend of 1.42, and it currently has a trailing dividend yield of 20.73%. Looking ahead, Tanger Factory Outlet Centers Inc has not announced an ex-dividend date yet.

When does Tanger Factory Outlet Centers Inc next pay dividends?

Tanger Factory Outlet Centers Inc has yet to annouce their ex-dividend date. The historic dividend yield on Tanger Factory Outlet Centers Inc shares is currently 20.73%.

How do I buy Tanger Factory Outlet Centers Inc shares?

To buy shares in Tanger Factory Outlet Centers Inc you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Tanger Factory Outlet Centers Inc?

Shares in Tanger Factory Outlet Centers Inc are currently trading at $6.74, giving the company a market capitalisation of £510.6m.

Where are Tanger Factory Outlet Centers Inc shares listed? Where are Tanger Factory Outlet Centers Inc shares listed?

Here are the trading details for Tanger Factory Outlet Centers Inc:

Country of listing: United States
Exchange: NYQ
Ticker Symbol: SKT
What kind of share is Tanger Factory Outlet Centers Inc?

Based on an overall assessment of its quality, value and momentum, Tanger Factory Outlet Centers Inc is currently classified as a Value Trap. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Tanger Factory Outlet Centers Inc share price forecast 2020?

Shares in Tanger Factory Outlet Centers Inc are currently priced at $6.74. At that level they are trading at 18.25% premium to the analyst consensus target price of 0.00.

Analysts covering Tanger Factory Outlet Centers Inc currently have a consensus Earnings Per Share (EPS) forecast of 0.162 for the next financial year.

How can I tell whether the Tanger Factory Outlet Centers Inc share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Tanger Factory Outlet Centers Inc. Over the past six months, the relative strength of its shares against the market has been -57%. At the current price of $6.74, shares in Tanger Factory Outlet Centers Inc are trading at -40.76% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Tanger Factory Outlet Centers Inc PE Ratio?

The Tanger Factory Outlet Centers Inc PE ratio based on its reported earnings over the past 12 months is 7.95. The shares are currently trading at $6.74.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Tanger Factory Outlet Centers Inc?

Tanger Factory Outlet Centers Inc's management team is headed by:

Steven Tanger - CHM
Virginia Summerell - SVF
Lisa Morrison - EVP
James Williams - CFO
Bridget Ryan-Berman - IND
Carrie Warren - SVP
Thomas Reddin - IND
Chad Perry - EVP
Jeffrey Citrin - IND
Charles Worsham - SVP
David Henry - LED
Thomas Guerrieri - CAO
Susan Skerritt - IND
Stephen Yalof - PRE
Who are the major shareholders of Tanger Factory Outlet Centers Inc?

Here are the top five shareholders of Tanger Factory Outlet Centers Inc based on the size of their shareholding:

The Vanguard Group, Inc. Investment Advisor/Hedge Fund
Percentage owned: 17.67% (16.5m shares)
BlackRock Institutional Trust Company, N.A. Investment Advisor
Percentage owned: 15.5% (14.5m shares)
iShares Core S&P Small-Cap ETF Mutual Fund
Percentage owned: 5.95% (5.57m shares)
State Street Global Advisors (US) Investment Advisor/Hedge Fund
Percentage owned: 5.64% (5.27m shares)
Vanguard Real Estate Index Fund Mutual Fund
Percentage owned: 4.44% (4.15m shares)
Similar to SKT
© Stockopedia 2020, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.