Tanger Factory Outlet Centers is a reit - retail business based in the US. Tanger Factory Outlet Centers shares (SKT) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $34.70 – an increase of 3.15% over the previous week. Tanger Factory Outlet Centers employs 364 staff and has a trailing 12-month revenue of around $507.2 million.
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| Latest market close | $34.70 |
|---|---|
| 52-week range | $20.62 - $34.13 |
| 50-day moving average | $30.74 |
| 200-day moving average | $28.49 |
| Wall St. target price | $32.50 |
| PE ratio | 37.3778 |
| Dividend yield | $1.07 (3.27%) |
| Earnings per share (TTM) | $0.90 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $34.7 from 2024-10-18
| 1 week (2024-10-15) | 1.88% |
|---|---|
| 1 month (2024-09-20) | 8.74% |
| 3 months (2024-07-22) | 21.58% |
| 6 months (2024-04-22) | 25.18% |
| 1 year (2023-10-20) | 49.12% |
|---|---|
| 2 years (2022-10-20) | 111.97% |
| 3 years (2021-10-22) | 98.17% |
| 5 years (2019-10-22) | 123.87% |
Valuing Tanger Factory Outlet Centers stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Tanger Factory Outlet Centers's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Tanger Factory Outlet Centers's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 37x. In other words, Tanger Factory Outlet Centers shares trade at around 37x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Tanger Factory Outlet Centers's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.6521. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Tanger Factory Outlet Centers's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Tanger Factory Outlet Centers's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $270.2 million.
The EBITDA is a measure of a Tanger Factory Outlet Centers's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $507.2 million |
|---|---|
| Operating margin TTM | 31.38% |
| Gross profit TTM | $327.1 million |
| Return on assets TTM | 4.25% |
| Return on equity TTM | 18.97% |
| Profit margin | 19.45% |
| Book value | $5.06 |
| Market Capitalization | $3.7 billion |
TTM: trailing 12 months
Dividend payout ratio: 119.23% of net profits
Recently Tanger Factory Outlet Centers has paid out, on average, around 100% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Tanger Factory Outlet Centers shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Tanger Factory Outlet Centers's case, that would currently equate to about $1.07 per share.
Tanger Factory Outlet Centers's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Tanger Factory Outlet Centers's most recent dividend payout was on 14 November 2024. The latest dividend was paid out to all shareholders who bought their shares by 30 October 2024 (the "ex-dividend date").
Tanger Factory Outlet Centers's shares were split on a 2:1 basis on 24 January 2011 . So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Tanger Factory Outlet Centers shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Tanger Factory Outlet Centers shares which in turn could have impacted Tanger Factory Outlet Centers's share price.
Over the last 12 months, Tanger Factory Outlet Centers's shares have ranged in value from as little as $20.6231 up to $34.13. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Tanger Factory Outlet Centers's is 1.838. This would suggest that Tanger Factory Outlet Centers's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
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.
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