NYSE:SKT Tanger (SKT) Stock Price, News & Analysis $28.36 +0.64 (+2.31%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$27.78▼$28.4350-Day Range$26.09▼$29.0652-Week Range$21.42▼$29.98Volume546,928 shsAverage Volume753,467 shsMarket Capitalization$3.10 billionP/E Ratio31.16Dividend Yield3.88%Price Target$29.57 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Tanger alerts: Email Address Tanger MarketRank™ Stock AnalysisAnalyst RatingHold2.43 Rating ScoreUpside/Downside4.3% Upside$29.57 Price TargetShort InterestBearish4.12% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.69Upright™ Environmental ScoreNews Sentiment1.18Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth4.85%From $2.06 to $2.16 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.96 out of 5 starsFinance Sector480th out of 898 stocksReal Estate Investment Trusts Industry92nd out of 181 stocks 1.2 Analyst's Opinion Consensus RatingTanger has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 3 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageTanger has only been the subject of 3 research reports in the past 90 days.Read more about Tanger's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.12% of the outstanding shares of Tanger have been sold short.Short Interest Ratio / Days to CoverTanger has a short interest ratio ("days to cover") of 6.1.Change versus previous monthShort interest in Tanger has recently increased by 0.90%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend LeadershipTanger is a leading dividend payer. It pays a dividend yield of 3.94%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthTanger does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Tanger is 120.88%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Tanger will have a dividend payout ratio of 50.93% next year. This indicates that Tanger will be able to sustain or increase its dividend.Read more about Tanger's dividend. Previous Next 0.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreTanger has received a -71.25% net impact score from Upright. The largest negative impact of Tanger Factory Outlet Centers in category "GHG emissions" is driven by its "Real estate funds investing in shopping centers" and "Real estate development services of retail space" products. See details.Environmental SustainabilityThe Environmental Impact score for Tanger is -3.69. Previous Next 3.4 News and Social Media Coverage News SentimentTanger has a news sentiment score of 1.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Tanger this week, compared to 4 articles on an average week.Search InterestOnly 2 people have searched for SKT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows3 people have added Tanger to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Tanger insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.80% of the stock of Tanger is held by insiders.Percentage Held by Institutions85.23% of the stock of Tanger is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Tanger's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Tanger are expected to grow by 4.85% in the coming year, from $2.06 to $2.16 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Tanger is 31.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.44.Price to Earnings Ratio vs. SectorThe P/E ratio of Tanger is 31.16, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 56.03.Price to Earnings Growth RatioTanger has a PEG Ratio of 2.98. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioTanger has a P/B Ratio of 5.21. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Tanger's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad American Hartford Gold GroupDave Ramsey Makes Big Mistake Live On AirDave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.GET THE FREE GUIDE About Tanger Stock (NYSE:SKT)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.Read More SKT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SKT Stock News HeadlinesJuly 25 at 1:13 AM | americanbankingnews.comTanger (SKT) Set to Announce Quarterly Earnings on ThursdayJuly 18, 2024 | cnbc.comWhy outlets are lagging behind other mall categories in the U.S.July 26, 2024 | WealthPress (Ad)New trading system called MSFT, NVDA & MSFTLook 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.July 17, 2024 | americanbankingnews.comTanger Inc. Plans Quarterly Dividend of $0.28 (NYSE:SKT)July 16, 2024 | prnewswire.comTanger Declares Dividend Payable August 15, 2024June 15, 2024 | seekingalpha.comTanger: 4% Yield, Re-Tenanting Upside, Low FFO MultipleJune 9, 2024 | fool.comHere Are My Top 2 High-Yield Dividend Stocks to Buy NowJune 6, 2024 | prnewswire.comTanger Inc. Receives 2024 Nareit Investor CARE Gold Award for Excellence in Communications and ReportingJuly 26, 2024 | WealthPress (Ad)New trading system called MSFT, NVDA & MSFTLook 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.June 3, 2024 | prnewswire.comTanger Expands Partnership with SephoraMay 30, 2024 | prnewswire.comTanger Releases 2023 Environmental, Social, and Governance ReportMay 28, 2024 | prnewswire.comTanger to Present at Nareit's REITweek 2024 Investor ConferenceMay 23, 2024 | prnewswire.comTanger Schedules Second Quarter 2024 Earnings Release and Conference CallMay 18, 2024 | msn.comScotiabank Upgrades Tanger (SKT)May 17, 2024 | markets.businessinsider.comDecoding 7 Analyst Evaluations For TangerMay 17, 2024 | msn.comTanger raised to Sector Perform at Scotiabank as tenant risk not surfacingMay 10, 2024 | uk.finance.yahoo.comDirector Susan Skerritt Sells 12,722 Shares of Tanger Inc (SKT)May 3, 2024 | msn.comCompass Point Upgrades Tanger (SKT)See More Headlines Receive SKT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Tanger and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/08/2022Ex-Dividend for 5/15 Dividend4/29/2024Dividend Payable5/15/2024Today7/26/2024Ex-Dividend for 8/15 Dividend7/31/2024Next Earnings (Confirmed)8/01/2024Dividend Payable8/15/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryRetail REITs Current SymbolNYSE:SKT CUSIP87546510 CIK899715 Webwww.tangeroutlet.com Phone(336) 292-3010Fax336-852-2096Employees364Year FoundedN/APrice Target and Rating Average Stock Price Target$29.57 High Stock Price Target$33.00 Low Stock Price Target$26.00 Potential Upside/Downside+5.5%Consensus RatingHold Rating Score (0-4)2.43 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$0.91 Trailing P/E Ratio30.80 Forward P/E Ratio13.61 P/E Growth2.98Net Income$99.15 million Net Margins20.27% Pretax Margin19.53% Return on Equity17.72% Return on Assets4.30% Debt Debt-to-Equity Ratio2.54 Current Ratio0.20 Quick Ratio0.20 Sales & Book Value Annual Sales$464.41 million Price / Sales6.60 Cash Flow$1.95 per share Price / Cash Flow14.39 Book Value$5.44 per share Price / Book5.15Miscellaneous Outstanding Shares109,350,000Free Float103,011,000Market Cap$3.07 billion OptionableOptionable Beta1.90 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Stephen J. Yalof (Age 61)President, CEO & Director Comp: $2.6MMr. Michael Jason Bilerman (Age 49)Executive VP, CFO & Chief Investment Officer Comp: $1.35MMs. Leslie A. Swanson Gallardo (Age 53)Executive VP & COO Comp: $496.65kMr. Thomas J. Guerrieri Jr. (Age 51)Senior VP & Chief Accounting Officer Comp: $471.93kMs. Jessica K. Norman (Age 42)Executive VP, General Counsel & Secretary Regina CampbellSenior Vice President of MarketingChristi DownesSenior Vice President of People, Culture & DiversityBrian A. AugerSenior Vice President of Legal & Corporate CounselJoshua D. CoxSenior Vice President of TaxCraig WiseSenior Vice President of Digital StrategyMore ExecutivesKey CompetitorsFederal Realty Investment TrustNYSE:FRTNNN REITNYSE:NNNAgree RealtyNYSE:ADCKite Realty Group TrustNYSE:KRGMacerichNYSE:MACView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 55,794 shares on 7/26/2024Ownership: 0.998%Allspring Global Investments Holdings LLCBought 27,173 shares on 7/26/2024Ownership: 0.256%Bailard Inc.Bought 9,600 shares on 7/26/2024Ownership: 0.022%Louisiana State Employees Retirement SystemBought 1,700 shares on 7/24/2024Ownership: 0.050%Inlet Private Wealth LLCSold 2,200 shares on 7/23/2024Ownership: 0.063%View All Insider TransactionsView All Institutional Transactions SKT Stock Analysis - Frequently Asked Questions How have SKT shares performed this year? Tanger's stock was trading at $27.72 at the start of the year. Since then, SKT stock has increased by 2.3% and is now trading at $28.3550. View the best growth stocks for 2024 here. How were Tanger's earnings last quarter? Tanger Inc. (NYSE:SKT) posted its quarterly earnings data on Monday, August, 8th. The real estate investment trust reported $0.19 EPS for the quarter, missing the consensus estimate of $0.42 by $0.23. Tanger's revenue was up 4.5% on a year-over-year basis. What is Steven B. Tanger's approval rating as Tanger's CEO? 19 employees have rated Tanger Chief Executive Officer Steven B. Tanger on Glassdoor.com. Steven B. Tanger has an approval rating of 98% among the company's employees. This puts Steven B. Tanger in the top 20% of approval ratings compared to other CEOs of publicly-traded companies. Who are Tanger's major shareholders? Top institutional shareholders of Tanger include Bank of New York Mellon Corp (1.00%), O Keefe Stevens Advisory Inc. (0.34%), Portman Square Capital LLP and Allspring Global Investments Holdings LLC (0.26%). Insiders that own company stock include Steven B Tanger, Thomas Joseph Guerrieri Jr, Thomas Reddin, Carrie A Warren and Chad Perry. View institutional ownership trends. How do I buy shares of Tanger? Shares of SKT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Tanger own? Based on aggregate information from My MarketBeat watchlists, some other companies that Tanger investors own include AT&T (T), Verizon Communications (VZ), Enterprise Products Partners (EPD), Delta Air Lines (DAL), Cisco Systems (CSCO), AbbVie (ABBV) and Exxon Mobil (XOM). This page (NYSE:SKT) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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