How to buy Tanger Factory Outlet Centers (SKT) shares in the UK

Learn how to easily invest in Tanger Factory Outlet Centers shares.

Tanger Factory Outlet Centers Inc
NYSE: SKT - USD
REIT-RETAIL
$17.50
+ $0.26 ( + 1.51%)

Tanger Factory Outlet Centers Inc (SKT) is a leading reit-retail business based in the US. It opened the day at $18.43 after a previous close of $18.09. During the day the price has varied from a low of $18.25 to a high of $18.97. The latest price was $18.95 (25 minute delay). Tanger Factory Outlet Centers is listed on the NYSE and employs 262 staff. All prices are listed in US Dollars.

How to buy shares in Tanger Factory Outlet Centers

  1. Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: SKT in this case.
  5. Research Tanger Factory Outlet Centers shares. The platform should provide the latest information available.
  6. Buy your Tanger Factory Outlet Centers shares. It's that simple.
The whole process can take as little as 15 minutes.

How has coronavirus impacted Tanger Factory Outlet Centers's share price?

Since the stock market crash that started in February 2020, Tanger Factory Outlet Centers's share price has had significant positive movement.

Its last market close was $17.5, which is 26.74% up on its pre-crash value of $12.82 and 247.91% up on the lowest point reached during the March 2020 crash when the shares fell as low as $5.03.

If you had bought $1,000 worth of Tanger Factory Outlet Centers shares at the start of February 2020, those shares would have been worth $429.89 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,264.38.

Tanger Factory Outlet Centers share price (NYSE:SKT)

Use our graph to track the performance of SKT stocks over time.

Tanger Factory Outlet Centers shares at a glance

Information last updated 2021-07-09.
Open$18.43
High$18.97
Low$18.25
Close$18.95
Previous close$18.09
Change$0.86
Change %4.754%
Volume839,936
Information last updated 2021-09-18.
52-week range$5.3968 - $20.3448
50-day moving average$16.9371
200-day moving average$17.3407
Wall St. target price$15.63
PE ratio88.8325
Dividend yield$0.355 (2.06%)
Earnings per share (TTM)$0.197
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Invest in Tanger Factory Outlet Centers shares with 0% commission

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Fees for buying 50x Tanger Factory Outlet Centers shares with popular platforms

Both exchange rates and share prices fluctuate in real time, so the costs presented here should be considered as a guide only. They do not incorporate stamp duty. Always refer to the platform itself for availability and pricing – which may differ from our information.

Platform Platform fee Min. initial deposit Trading fee estimate
Freetrade logo £0 No minimum £3.11
£693.17 total
Capital at risk
eToro Free Stocks logo £0 $50 £3.45
£693.51 total
Capital at risk
Degiro Share Dealing logo £0 £0.01 £1.26
£691.33 total
Capital at risk
Stake logo £0 £50 £3.60
£693.66 total
Capital at risk
Hargreaves Lansdown Fund and Share Account logo £0 £1 £19.00
£709.06 total
Capital at risk
interactive investor Trading Account logo £9.99 per month No minimum £18.49
£708.55 total
Capital at risk
Fineco logo £0 No minimum £6.90
£696.96 total
Capital at risk
Halifax Share Dealing Account logo £36 per year £20 £18.27
£708.34 total
Capital at risk

Full comparison of share dealing platforms

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Is it a good time to buy Tanger Factory Outlet Centers stock?

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.

Tanger Factory Outlet Centers price performance over time

Historical closes compared with the last close of $18.95

1 week (2021-09-10) 14.29%
1 month (2021-08-18) 0.37%
3 months (2021-06-18) 6.70%
6 months (2021-03-18) 10.24%
1 year (2020-09-18) 196.09%
2 years (2019-09-18) 19.86%
3 years (2018-09-18) -17.75%
5 years (2016-09-16) -50.79%

Is Tanger Factory Outlet Centers under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value.

P/E ratio

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 89x. In other words, Tanger Factory Outlet Centers shares trade at around 89x 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.

PEG ratio

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. Higher PEG ratios such as this can be interpreted as meaning the shares offer worse value given the current rate of growth.

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.

EBITDA

Tanger Factory Outlet Centers's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $223.5 million (£0.0 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.

Financials

Revenue TTM $423.4 million
Operating margin TTM 27.97%
Gross profit TTM $277.5 million
Return on assets TTM 3.15%
Return on equity TTM 4.91%
Profit margin 4.7%
Book value $4.829
Market capitalisation $1.8 billion

TTM: trailing 12 months

How to short and sell Tanger Factory Outlet Centers shares

  1. Create a CFD or spread betting account.
  2. Search for the stock code. E.g. "SKT.US"
  3. Choose your position size.
  4. Select "sell" rather than "buy".
  5. Confirm your position and keep tabs on it. You may wish to set limits on your position.

There are currently 16.2 million Tanger Factory Outlet Centers shares held short by investors – that's known as the "short interest". This figure is 1.8% up from 15.9 million last month.

There are a few different ways that this level of interest in shorting Tanger Factory Outlet Centers shares can be evaluated.

Short interest ratio (SIR)

Tanger Factory Outlet Centers's "short interest ratio" (SIR) is the quantity of Tanger Factory Outlet Centers shares currently shorted divided by the average quantity of Tanger Factory Outlet Centers shares traded daily (recently around 763056.79360602). Tanger Factory Outlet Centers's SIR currently stands at 21.27. In other words for every 100,000 Tanger Factory Outlet Centers shares traded daily on the market, roughly 21270 shares are currently held short.

However Tanger Factory Outlet Centers's short interest can also be evaluated against the total number of Tanger Factory Outlet Centers shares, or, against the total number of tradable Tanger Factory Outlet Centers shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Tanger Factory Outlet Centers's short interest could be expressed as 0.16% of the outstanding shares (for every 100,000 Tanger Factory Outlet Centers shares in existence, roughly 160 shares are currently held short) or 0.1623% of the tradable shares (for every 100,000 tradable Tanger Factory Outlet Centers shares, roughly 162 shares are currently held short).

A SIR above 20% would generally be considered very high, pointing to a pessimistic outlook for the share price, with a discouraging number of investors currently willing to bet against Tanger Factory Outlet Centers.

Find out more about how you can short Tanger Factory Outlet Centers stock.

Tanger Factory Outlet Centers share dividends

2.1%

Dividend yield: 2.06% of stock value

4.1%

Forward annual dividend yield: 4.12% of stock value

32.1%

Dividend payout ratio: 32.08% of net profits

Tanger Factory Outlet Centers has recently paid out dividends equivalent to 2.06% of its share value annually.

Tanger Factory Outlet Centers has paid out, on average, around 32.08% of recent net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.12% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), shareholders could enjoy a 4.12% return on their shares, in the form of dividend payments. In Tanger Factory Outlet Centers's case, that would currently equate to about $0.355 per share.

While Tanger Factory Outlet Centers's payout ratio might seem fairly standard, it's worth remembering that it may be investing much of the rest of its net profits in future growth.

Tanger Factory Outlet Centers's most recent dividend payout was on 13 August 2021. The latest dividend was paid out to all shareholders who bought their shares by 29 July 2021 (the "ex-dividend date").

Have Tanger Factory Outlet Centers's shares ever split?

Tanger Factory Outlet Centers's shares were split on a 2:1 basis on 25 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.

Share price volatility

Over the last 12 months, Tanger Factory Outlet Centers's shares have ranged in value from as little as $5.3968 up to $20.3448. A popular way to gauge a stock's volatility is its "beta".

SKT.US volatility(beta: 1.96)Avg. volatility(beta: 1.00)LowHigh

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 1.9591. 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).

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