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 (SKT) is a publicly traded reit-retail business based in the US. In the week up to 24 May Tanger Factory Outlet Centers shares plunged 8.57% to a closing position of $16.76. However, over the last 12 months, Tanger Factory Outlet Centers's share price has risen by 11.73% from $16.96. Tanger Factory Outlet Centers is listed on the NYSE and employs 310 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.

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 £1 £3.40
£757.89 total
Capital at risk
eToro Free Stocks logo £0 $10 £3.77
£758.27 total
Capital at risk
IG Share Dealing logo £0 £250 £11.78
£766.27 total
Capital at risk
Hargreaves Lansdown Fund and Share Account logo £0 £1 £19.49
£773.99 total
Capital at risk
Degiro Share Dealing logo £0 £0.01 £0.75
£755.25 total
Capital at risk
interactive investor Trading Account logo £9.99 per month No minimum £19.31
£773.80 total
Capital at risk
Stake logo £0 £50 £3.77
£758.27 total
Capital at risk
Fineco logo £0 No minimum £7.54
£762.04 total
Capital at risk
Halifax Share Dealing Account logo £36 per year £20 £18.93
£773.43 total
Capital at risk

Full comparison of share dealing platforms

Tanger Factory Outlet Centers share price (NYSE:SKT)

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

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.

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Other fees apply. Capital at risk

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 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 79x. In other words, Tanger Factory Outlet Centers shares trade at around 79x 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 $228.8 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.

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 2022-05-19.
52-week range$15.0595 - $21.9924
50-day moving average$17.2252
200-day moving average$17.8184
Wall St. target price$18.83
PE ratio78.6695
Dividend yield$0.743 (4.14%)
Earnings per share (TTM)$0.233

Do Tanger Factory Outlet Centers shares pay dividends?

4.1%

Dividend yield: 4.14% of stock value

4.1%

Forward annual dividend yield: 4.14% of stock value

96.4%

Dividend payout ratio: 96.43% of net profits

Tanger Factory Outlet Centers has recently paid out dividends equivalent to 4.14% of its share value annually.

Tanger Factory Outlet Centers has paid out, on average, around 96.43% of recent net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.14% 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 4.14% return on their shares, in the form of dividend payments. In Tanger Factory Outlet Centers's case, that would currently equate to about $0.743 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 12 May 2022. The latest dividend was paid out to all shareholders who bought their shares by 27 April 2022 (the "ex-dividend date").

Share price volatility

Over the last 12 months, Tanger Factory Outlet Centers's shares have ranged in value from as little as $15.0595 up to $21.9924. A popular way to gauge a stock's volatility is its "beta".

SKT.US volatility(beta: 1.71)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 1.7085. 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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