Tanger (SKT) Competitors

$27.46
-0.53 (-1.89%)
(As of 05/3/2024 ET)

SKT vs. MAC, ALX, IVT, NTST, CTRE, GNL, XHR, UNIT, DEA, and REGCP

Should you be buying Tanger stock or one of its competitors? The main competitors of Tanger include Macerich (MAC), Alexander's (ALX), InvenTrust Properties (IVT), NETSTREIT (NTST), CareTrust REIT (CTRE), Global Net Lease (GNL), Xenia Hotels & Resorts (XHR), Uniti Group (UNIT), Easterly Government Properties (DEA), and Regency Centers (REGCP).

Tanger vs.

Tanger (NYSE:SKT) and Macerich (NYSE:MAC) are both mid-cap finance companies, but which is the better business? We will compare the two companies based on the strength of their earnings, media sentiment, analyst recommendations, community ranking, profitability, risk, valuation, institutional ownership and dividends.

85.2% of Tanger shares are owned by institutional investors. Comparatively, 87.4% of Macerich shares are owned by institutional investors. 5.8% of Tanger shares are owned by company insiders. Comparatively, 0.5% of Macerich shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Tanger has a beta of 1.85, meaning that its share price is 85% more volatile than the S&P 500. Comparatively, Macerich has a beta of 2.38, meaning that its share price is 138% more volatile than the S&P 500.

In the previous week, Macerich had 6 more articles in the media than Tanger. MarketBeat recorded 30 mentions for Macerich and 24 mentions for Tanger. Tanger's average media sentiment score of 0.48 beat Macerich's score of -0.10 indicating that Tanger is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Tanger
4 Very Positive mention(s)
2 Positive mention(s)
11 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
Macerich
4 Very Positive mention(s)
3 Positive mention(s)
12 Neutral mention(s)
6 Negative mention(s)
1 Very Negative mention(s)
Neutral

Tanger has a net margin of 20.27% compared to Macerich's net margin of -38.96%. Tanger's return on equity of 17.72% beat Macerich's return on equity.

Company Net Margins Return on Equity Return on Assets
Tanger20.27% 17.72% 4.30%
Macerich -38.96%-13.42%-4.51%

Tanger has higher earnings, but lower revenue than Macerich. Macerich is trading at a lower price-to-earnings ratio than Tanger, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Tanger$464.41M6.47$99.15M$0.9130.18
Macerich$884.07M3.49-$274.07M-$1.56-9.16

Tanger currently has a consensus target price of $29.83, indicating a potential upside of 8.64%. Macerich has a consensus target price of $14.83, indicating a potential upside of 3.80%. Given Tanger's stronger consensus rating and higher possible upside, equities analysts plainly believe Tanger is more favorable than Macerich.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tanger
0 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.50
Macerich
3 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.67

Macerich received 76 more outperform votes than Tanger when rated by MarketBeat users. However, 58.57% of users gave Tanger an outperform vote while only 51.80% of users gave Macerich an outperform vote.

CompanyUnderperformOutperform
TangerOutperform Votes
400
58.57%
Underperform Votes
283
41.43%
MacerichOutperform Votes
476
51.80%
Underperform Votes
443
48.20%

Tanger pays an annual dividend of $1.10 per share and has a dividend yield of 4.0%. Macerich pays an annual dividend of $0.68 per share and has a dividend yield of 4.8%. Tanger pays out 120.9% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Macerich pays out -43.6% of its earnings in the form of a dividend. Macerich is clearly the better dividend stock, given its higher yield and lower payout ratio.

Summary

Tanger beats Macerich on 13 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding SKT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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SKT vs. The Competition

MetricTangerReal estate investment trusts IndustryFinance SectorNYSE Exchange
Market Cap$3.00B$6.43B$9.47B$17.50B
Dividend Yield4.01%6.88%5.86%3.53%
P/E Ratio30.1830.7445.5421.42
Price / Sales6.476.123,497.2310.40
Price / Cash14.1416.1627.5618.05
Price / Book5.188.373.225.52
Net Income$99.15M$151.15M$1.00B$964.63M
7 Day Performance-4.92%0.86%0.88%1.74%
1 Month Performance-0.63%-0.80%-0.25%-1.66%
1 Year Performance42.28%1.68%15.31%103.32%

Tanger Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MAC
Macerich
2.6177 of 5 stars
$13.78
-14.0%
$14.40
+4.5%
+43.8%$2.97B$884.07M-10.85654Dividend Announcement
Analyst Downgrade
News Coverage
Gap Up
High Trading Volume
ALX
Alexander's
0.4708 of 5 stars
$212.71
+1.4%
N/A+21.1%$1.09B$224.96M10.6592Upcoming Earnings
Dividend Announcement
News Coverage
IVT
InvenTrust Properties
0.885 of 5 stars
$25.36
+0.2%
$26.00
+2.5%
+12.1%$1.72B$258.68M317.04104News Coverage
NTST
NETSTREIT
0.1583 of 5 stars
$16.85
-2.4%
$18.11
+7.5%
-2.4%$1.24B$131.90M153.2028Dividend Announcement
CTRE
CareTrust REIT
1.338 of 5 stars
$24.72
+0.2%
$23.57
-4.6%
+28.0%$3.34B$217.77M50.4517News Coverage
Gap Up
GNL
Global Net Lease
3.659 of 5 stars
$6.96
-0.6%
$12.00
+72.5%
-35.7%$1.61B$515.07M-4.021Upcoming Earnings
Gap Up
XHR
Xenia Hotels & Resorts
0.7925 of 5 stars
$13.88
-1.6%
$15.70
+13.1%
+16.1%$1.42B$1.03B81.6545Analyst Upgrade
News Coverage
Gap Up
UNIT
Uniti Group
3.5646 of 5 stars
$5.75
+0.9%
$5.75
+22.0%$1.38B$1.15B-31.94813Dividend Announcement
News Coverage
Gap Down
DEA
Easterly Government Properties
2.1129 of 5 stars
$11.68
flat
$13.50
+15.6%
-16.4%$1.20B$287.23M61.4856Dividend Announcement
Analyst Upgrade
REGCP
Regency Centers
0 of 5 stars
$22.51
-1.8%
N/AN/A$0.00$1.32B0.00492High Trading Volume

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This page (NYSE:SKT) was last updated on 5/5/2024 by MarketBeat.com Staff

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