Tanger Factory Outlet Centers Company Profile (NYSE:SKT)

About Tanger Factory Outlet Centers

Tanger Factory Outlet Centers logoTanger Factory Outlet Centers, Inc. is a self-administered and self-managed real estate investment trust (REIT). The Company focuses on developing, acquiring, owning, operating and managing outlet shopping centers in the United States and Canada. The Company's consolidated portfolio consists of approximately 34 outlet centers, with a total gross leasable area of approximately 11.7 million square feet. The Company also has partial ownership interests in approximately nine outlet centers totaling approximately 2.7 million square feet, including four outlet centers in Canada. Its centers and other assets are held by, and all of the Company's operations are conducted by, Tanger Properties Limited Partnership (Operating Partnership) and subsidiaries. The Company's consolidated outlet centers range in size from 82,161 to 749,074 square feet and are located at least 10 miles from department stores and manufacturer-owned, full-price retail stores.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Retail
  • Sub-Industry: Retail REITs
  • Exchange: NYSE
  • Symbol: SKT
  • CUSIP: 87546510
Key Metrics:
  • Previous Close: $34.31
  • 50 Day Moving Average: $34.53
  • 200 Day Moving Average: $36.39
  • 52-Week Range: $95,185,000.00 - $32.02
  • Trailing P/E Ratio: 17.07
  • Foreward P/E Ratio: 30.63
  • P/E Growth: 5.23
  • Market Cap: $3.27B
  • Outstanding Shares: 95,185,000
  • Beta: 0.41
Profitability:
  • Net Margins: 60.55%
  • Return on Equity: 42.50%
  • Return on Assets: 11.63%
Debt:
  • Debt-to-Equity Ratio: 2.44%
  • Current Ratio: 0.37%
  • Quick Ratio: 0.37%
Additional Links:
Companies Related to Tanger Factory Outlet Centers:

Analyst Ratings

Consensus Ratings for Tanger Factory Outlet Centers (NYSE:SKT) (?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.43)
Consensus Price Target: $41.00 (19.50% upside)

Analysts' Ratings History for Tanger Factory Outlet Centers (NYSE:SKT)
Show:
DateFirmActionRatingPrice TargetDetails
1/27/2017Jefferies Group LLCLower Price TargetBuy$42.00 -> $41.00View Rating Details
12/13/2016Citigroup Inc.DowngradeNeutral -> Sell$33.00View Rating Details
11/7/2016Hilliard LyonsUpgradeNeutral -> BuyView Rating Details
10/26/2016Goldman Sachs Group, Inc. (The)DowngradeBuy -> Neutral$44.00 -> $40.00View Rating Details
8/1/2016RBC Capital MarketsReiterated RatingOutperform$44.00 -> $48.00View Rating Details
8/1/2016Royal Bank of CanadaBoost Price TargetOutperform$44.00 -> $48.00View Rating Details
3/21/2016Evercore ISIBoost Price TargetHold$35.00 -> $36.00View Rating Details
1/27/2016Boenning ScattergoodInitiated CoverageUnderperformView Rating Details
10/6/2015Bank of America CorpUpgradeUnderperform -> Neutral$35.00 -> $38.00View Rating Details
9/8/2015Evercore Partners Inc.Lower Price TargetHold$36.00 -> $35.00View Rating Details
(Data available from 2/27/2015 forward)

Earnings

Earnings History for Tanger Factory Outlet Centers (NYSE:SKT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/24/2017        
2/14/2017Q416$0.61$0.61$122.17 million$124.60 millionViewN/AView Earnings Details
10/25/2016Q316$0.59$0.62$114.41 million$119.10 millionViewN/AView Earnings Details
7/26/2016Q216$0.56$0.59$107.85 million$111.30 millionViewN/AView Earnings Details
4/26/2016Q116$0.56$0.55$112.46 million$110.80 millionViewN/AView Earnings Details
2/9/2016Q415$0.57$0.58$111.11 million$112.80 millionViewN/AView Earnings Details
10/27/2015Q315$0.57$0.59$107.75 million$112.90 millionViewListenView Earnings Details
8/4/2015Q215$0.51$0.54$101.75 million$107.70 millionViewN/AView Earnings Details
4/28/2015Q115$0.50$0.50$103.90 million$105.90 millionViewN/AView Earnings Details
2/10/2015Q414$0.42$0.53$108.71 million$108.40 millionViewN/AView Earnings Details
10/28/2014Q314$0.51$0.52$101.95 million$105.29 millionViewN/AView Earnings Details
8/5/2014Q214$0.47$0.47$98.48 million$102.30 millionViewN/AView Earnings Details
4/29/2014Q114$0.47$0.45$99.03 million$102.84 millionViewN/AView Earnings Details
2/11/2014Q413$0.51$0.53$101.62 million$107.40 millionViewN/AView Earnings Details
10/29/2013Q313$0.46$0.49$89.98 million$97.90 millionViewN/AView Earnings Details
7/30/2013Q213$0.43$0.44$89.26 million$91.00 millionViewN/AView Earnings Details
4/30/2013Q113$0.41$0.42$88.08 million$88.70 millionViewN/AView Earnings Details
2/12/2013Q412$0.45$0.46$93.65 million$94.90 millionViewN/AView Earnings Details
10/30/2012Q312$0.42$0.42$88.73 millionViewN/AView Earnings Details
7/31/2012$0.39$0.39ViewN/AView Earnings Details
2/14/2012$0.41$0.42ViewN/AView Earnings Details
10/25/2011$0.37$0.39ViewN/AView Earnings Details
8/2/2011$0.33$0.33ViewN/AView Earnings Details
4/26/2011$0.33$0.33ViewN/AView Earnings Details
2/22/2011$0.33$0.35ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Tanger Factory Outlet Centers (NYSE:SKT)
Current Year EPS Consensus Estimate: $0.98 EPS
Next Year EPS Consensus Estimate: $1.12 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$0.53$0.56$0.55
Q2 20163$0.53$0.56$0.55
Q3 20163$0.59$0.60$0.59
Q4 20163$0.61$0.61$0.61
Q1 20171$0.58$0.58$0.58
Q2 20171$0.60$0.60$0.60
Q3 20171$0.61$0.61$0.61
Q4 20171$0.65$0.65$0.65
Q1 20181$0.61$0.61$0.61
Q2 20181$0.64$0.64$0.64
Q3 20181$0.65$0.65$0.65
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Tanger Factory Outlet Centers (NYSE:SKT)
Annual Dividend:$1.30
Dividend Yield:3.79%
Dividend Growth:12.50% (3 Year Average)
Payout Ratio:44.98% (Based on Trailing 12 Months of Earnings)
132.65% (Based on Current Year Consensus EPS Estimate)
116.07% (Based on Next Year Consensus EPS Estimate)
Track Record:24 Years of Consecutive Dividend Growth

Dividend History for Tanger Factory Outlet Centers (NYSE:SKT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/6/2017quarterly$0.333.5%1/27/20171/31/20172/15/2017
10/7/2016Quarterly$0.3310/27/201610/31/201611/15/2016
7/8/2016Quarterly$0.337/27/20167/29/20168/15/2016
4/8/2016Quarterly$0.334/27/20164/29/20165/13/2016
1/7/2016Quarterly$0.291/27/20161/29/20162/15/2016
12/10/2015$0.2112/22/201512/31/20151/15/2016
10/9/2015Quarterly$0.2910/28/201510/30/201511/13/2015
7/10/2015quarterly$0.293.45%7/28/20157/30/20158/14/2015
4/2/2015quarterly$0.293.18%4/28/20154/30/20155/15/2015
1/9/2015quarterly$0.242.47%1/28/20151/30/20152/13/2015
10/9/2014quarterly$0.242.85%10/28/201410/30/201411/14/2014
7/10/2014quarterly$0.242.74%7/28/20147/30/20148/15/2014
4/11/2014quarterly$0.242.75%4/28/20144/30/20145/15/2014
1/9/2014quarterly$0.232.74%1/28/20141/30/20142/14/2014
10/10/2013quarterly$0.232.66%10/28/201310/30/201311/15/2013
7/11/2013quarterly$0.232.58%7/26/20137/30/20138/15/2013
4/4/2013quarterly$0.232.43%4/26/20134/30/20135/15/2013
1/3/2013quarterly$0.212.45%1/28/20131/30/20132/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Tanger Factory Outlet Centers (NYSE:SKT)
Insider Ownership Percentage: 2.10%
Institutional Ownership Percentage: 94.39%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/21/2017Carrie A GeldnerSVPSell2,000$33.75$67,500.00View SEC Filing  
2/21/2017Virginia R SummerellVPSell7,000$34.19$239,330.00View SEC Filing  
12/19/2016Chad PerryEVPSell650$35.03$22,769.50View SEC Filing  
11/7/2016Lisa J MorrisonVPSell4,500$33.89$152,505.00View SEC Filing  
10/28/2016Jeffrey B CitrinDirectorBuy1,000$34.40$34,400.00View SEC Filing  
8/18/2016Carrie A GeldnerSVPSell1,500$40.47$60,705.00View SEC Filing  
8/4/2016William G BentonDirectorSell1,500$40.58$60,870.00View SEC Filing  
5/10/2016Chad PerryEVPSell1,000$36.53$36,530.00View SEC Filing  
5/6/2016Carrie A GeldnerCMOSell1,500$35.71$53,565.00View SEC Filing  
5/6/2016Virginia R SummerellVPSell4,216$36.10$152,197.60View SEC Filing  
5/4/2016Steven B TangerCEOSell85,000$35.79$3,042,150.00View SEC Filing  
5/3/2016Lisa J MorrisonVPSell5,700$35.53$202,521.00View SEC Filing  
5/2/2016Manuel O JessupVPSell1,000$35.50$35,500.00View SEC Filing  
5/2/2016Steven B TangerCEOSell20,000$35.56$711,200.00View SEC Filing  
4/1/2016James Floyd WilliamsCAOSell5,392$36.32$195,837.44View SEC Filing  
4/1/2016Thomas E McdonoughCOOSell11,546$36.14$417,272.44View SEC Filing  
3/3/2016Thomas E McdonoughCOOSell10,669$33.65$359,011.85View SEC Filing  
3/1/2016James Floyd WilliamsCAOSell4,829$32.64$157,618.56View SEC Filing  
2/19/2016Carrie A GeldnerCMOSell2,800$31.77$88,956.00View SEC Filing  
2/17/2016Thomas E McdonoughCOOSell6,690$31.27$209,196.30View SEC Filing  
12/21/2015Chad PerryEVPSell650$33.08$21,502.00View SEC Filing  
11/5/2015Frank C. Marchisello, Jr.CFOSell25,000$35.11$877,750.00View SEC Filing  
11/5/2015James Floyd WilliamsCAOSell6,000$35.15$210,900.00View SEC Filing  
11/4/2015Carrie A GeldnerCMOSell1,300$35.24$45,812.00View SEC Filing  
11/2/2015Virginia R SummerellVPSell4,216$35.33$148,951.28View SEC Filing  
10/30/2015Lisa J MorrisonVPSell7,200$35.02$252,144.00View SEC Filing  
10/9/2015Thomas E McdonoughCOOSell4,000$34.50$138,000.00View SEC Filing  
8/19/2015Carrie A GeldnerCMOSell1,200$33.47$40,164.00View SEC Filing  
7/2/2015Thomas E McdonoughCOOSell10,000$32.30$323,000.00View SEC Filing  
5/28/2015James Floyd WilliamsCAOSell1,000$34.03$34,030.00View SEC Filing  
5/28/2015Steven B TangerCEOSell60,000$33.98$2,038,800.00View SEC Filing  
5/28/2015Thomas E McdonoughCOOSell9,974$34.02$339,315.48View SEC Filing  
5/8/2015Carrie A GeldnerCMOSell4,400$34.35$151,140.00View SEC Filing  
5/8/2015James Floyd WilliamsCAOSell2,000$34.40$68,800.00View SEC Filing  
5/4/2015Chad PerryEVPSell3,674$34.17$125,540.58View SEC Filing  
5/4/2015Jeffrey B CitrinDirectorBuy1,000$33.95$33,950.00View SEC Filing  
4/2/2015Thomas E McdonoughCOOSell10,000$35.29$352,900.00View SEC Filing  
4/1/2015Frank C Marchisello JrCFOSell25,332$35.19$891,433.08View SEC Filing  
3/2/2015Frank C Marchisello JrCFOSell56,273$35.34$1,988,687.82View SEC Filing  
2/18/2015Virginia R SummerellVPSell16,026$36.81$589,917.06View SEC Filing  
2/2/2015Frank C Marchisello JrCFOSell25,333$38.89$985,200.37View SEC Filing  
1/2/2015Frank C Marchisello JrCFOSell25,333$37.25$943,654.25View SEC Filing  
8/29/2014James Floyd WilliamsCAOSell1,000$34.80$34,800.00View SEC Filing  
5/30/2014Charles Allen WorshamSVPSell1,400$35.60$49,840.00View SEC Filing  
5/27/2014Thomas E McdonoughCOOSell1,000$35.61$35,610.00View SEC Filing  
5/23/2014Carrie A GeldnerCMOSell2,500$35.40$88,500.00View SEC Filing  
5/6/2014Chad PerryEVPSell1,250$35.51$44,387.50View SEC Filing  
5/5/2014James Floyd WilliamsCAOSell3,500$35.65$124,775.00View SEC Filing  
5/5/2014Virginia SummerellVPSell6,000$35.69$214,140.00View SEC Filing  
2/28/2014Frank Marchisello, Jr.CFOSell26,620$34.11$908,008.20View SEC Filing  
11/26/2013Carrie GeldnerCMOSell2,000$33.27$66,540.00View SEC Filing  
6/6/2013Steven B TangerCEOSell7,427$37.40$277,769.80View SEC Filing  
2/15/2013Steven B TangerCEOSell6,550$35.41$231,935.50View SEC Filing  
11/27/2012Thomas E RobinsonDirectorSell4,000$32.33$129,320.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Tanger Factory Outlet Centers (NYSE:SKT)
DateHeadline
marketwatch.com logo10-K: TANGER FACTORY OUTLET CENTERS INC (NYSE:SKT)
www.marketwatch.com - February 24 at 10:06 PM
News IconThe Tanger Factory Outlet Centers, Inc. (SKT) PT Lowered to $41.00 (NYSE:SKT)
mundoaguaysaneamiento.net - February 24 at 10:06 PM
News IconInvestor Watch on These Shares: Tanger Factory Outlet Centers Inc (SKT) - Baldwin Journal (NYSE:SKT)
baldwinjournal.com - February 24 at 7:04 AM
News IconAnalysts Peer Into Their Crystal Balls For Tanger Factory Outlet Centers, Inc. (NYSE:SKT): Where Is It headed? - Winfield Review (NYSE:SKT)
winfieldreview.com - February 23 at 8:02 PM
biz.yahoo.com logoTANGER FACTORY OUTLET CENTERS INC Files SEC form 10-K, Annual Report (NYSE:SKT)
biz.yahoo.com - February 23 at 8:02 PM
uk.finance.yahoo.com logoNew Zealand competition regulator declines Sky TV purchase of Vodafone NZ (NYSE:SKT)
uk.finance.yahoo.com - February 22 at 8:02 PM
uk.finance.yahoo.com logoNew Zealand competition watchdog rejects Sky TV purchase of Vodafone NZ (NYSE:SKT)
uk.finance.yahoo.com - February 22 at 8:02 PM
finance.yahoo.com logoAsian stocks edge up ahead of Fed minutes (NYSE:SKT)
finance.yahoo.com - February 22 at 9:53 AM
seekingalpha.com logoTanger Factory Outlet Centers: A Bargain REIT For DGI Investors? (NYSE:SKT)
seekingalpha.com - February 21 at 5:04 PM
finance.yahoo.com logoNZ's Sky TV posts 31.9 pct drop in half-year profit as competition increases (NYSE:SKT)
finance.yahoo.com - February 21 at 5:04 PM
seekingalpha.com logoTanger Factory Outlet: Buy, Buy, Buy - Seeking Alpha - Seeking Alpha (NYSE:SKT)
seekingalpha.com - February 20 at 6:59 PM
capitalcube.com logoTanger Factory Outlet Centers, Inc. :SKT-US: Earnings Analysis: 2016 By the Numbers : February 17, 2017 (NYSE:SKT)
www.capitalcube.com - February 17 at 7:33 PM
seekingalpha.com logoTanger Factory Outlet Centers, Inc. 2016 Q4 - Results - Earnings Call Slides (NYSE:SKT)
seekingalpha.com - February 16 at 7:36 PM
seekingalpha.com logoTanger Factory Outlet Centers, Inc. 2016 Q4 - Results - Earnings Call Slides (NYSE:SKT)
seekingalpha.com - February 16 at 7:36 PM
biz.yahoo.com logoTANGER FACTORY OUTLET CENTERS INC Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Di (NYSE:SKT)
us.rd.yahoo.com - February 16 at 7:36 PM
biz.yahoo.com logoTANGER FACTORY OUTLET CENTERS INC Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Di (NYSE:SKT)
us.rd.yahoo.com - February 16 at 7:36 PM
us.rd.yahoo.com logoEdited Transcript of SKT earnings conference call or presentation 15-Feb-17 3:00pm GMT (NYSE:SKT)
us.rd.yahoo.com - February 16 at 7:36 PM
us.rd.yahoo.com logoEdited Transcript of SKT earnings conference call or presentation 15-Feb-17 3:00pm GMT (NYSE:SKT)
us.rd.yahoo.com - February 16 at 7:36 PM
uk.finance.yahoo.com logoSky rejects Spark request to hold off on Vodafone NZ takeover (NYSE:SKT)
uk.finance.yahoo.com - February 16 at 7:36 PM
capitalcube.com logoTanger Factory Outlet Centers, Inc. :SKT-US: Earnings Analysis: Q4, 2016 By the Numbers : February 16, 2017 (NYSE:SKT)
www.capitalcube.com - February 16 at 7:36 PM
reuters.com logoBRIEF-Tanger Q4 adjusted FFO per share $0.61 (NYSE:SKT)
www.reuters.com - February 15 at 5:40 AM
4-traders.com logoTanger Factory Outlet Centers : reports 4Q results (NYSE:SKT)
www.4-traders.com - February 15 at 5:40 AM
biz.yahoo.com logoQ4 2016 Tanger Factory Outlet Centers Inc Earnings Release - After Market Close (NYSE:SKT)
us.rd.yahoo.com - February 15 at 5:40 AM
us.rd.yahoo.com logoTanger Reports Year-End Results For 2016 (NYSE:SKT)
us.rd.yahoo.com - February 15 at 5:40 AM
us.rd.yahoo.com logo5:05 pm Tanger Factory reports FFO in-line, beats on revs; guides FY17 FFO below consensus (NYSE:SKT)
us.rd.yahoo.com - February 15 at 5:40 AM
sg.finance.yahoo.com logoTanger reports 4Q results (NYSE:SKT)
sg.finance.yahoo.com - February 15 at 5:40 AM
News IconHow Tanger Factory Outlet Centers Inc’s (SKT) 46.9% ROE Fares Against The Industry? (NYSE:SKT)
simplywall.st - February 12 at 7:46 PM
seekingalpha.com logoMystery REIT Shopper: Tanger Factory Outlet Centers (NYSE:SKT)
seekingalpha.com - February 10 at 3:54 AM
seekingalpha.com logoMy 4% Dividend Yield Portfolio: Added Tanger Factory Outlet Centers - Seeking Alpha (NYSE:SKT)
seekingalpha.com - February 3 at 4:58 AM
streetinsider.com logoTanger Factory Outlet Centers (SKT) PT Lowered to $41 at Jefferies - StreetInsider.com (NYSE:SKT)
www.streetinsider.com - January 29 at 8:45 PM
streetinsider.com logoTanger Factory Outlet Centers (SKT) PT Lowered to $41 at Jefferies (NYSE:SKT)
www.streetinsider.com - January 28 at 6:37 AM
investorplace.com logoEx-Dividend Reminders Include Tanger Factory Outlet Centers Inc (SKT) (NYSE:SKT)
investorplace.com - January 26 at 12:15 PM
News IconEarnings in Full Force, Analysts Take Aim at Tanger Factory Outlet Centers, Inc. (NYSE:SKT) - Wall Street Beacon (NYSE:SKT)
wsbeacon.com - January 24 at 1:17 AM
News IconAverage Directional Index in Review for Tanger Factory Outlet Centers Inc. (SKT) - Rives Journal (NYSE:SKT)
rivesjournal.com - January 23 at 12:36 AM
News IconTechnical Focus: Williams %R, ADX, and CCI Levels for Tanger Factory Outlet Centers Inc. (SKT) - Springdale Times (NYSE:SKT)
springdaletimes.com - January 21 at 1:19 AM
capitalcube.com logoTanger Factory Outlet Centers, Inc. breached its 50 day moving average in a Bearish Manner : SKT-US : January 20, 2017 (NYSE:SKT)
www.capitalcube.com - January 21 at 1:19 AM
finance.yahoo.com logoTanger Factory Outlet Centers, Inc. 2016 Tax Reporting Information - Distribution (Form 1099) (NYSE:SKT)
finance.yahoo.com - January 21 at 1:19 AM
News IconSell-side is Weighing in on Tanger Factory Outlet Centers, Inc. (NYSE:SKT) Earnings - Aiken Advocate (NYSE:SKT)
aikenadvocate.com - January 18 at 10:36 PM
News IconFirms & Funds Reinforcing Their Perception of Tanger Factory Outlet Centers, Inc. (NYSE:SKT) - Wall Street Beacon (NYSE:SKT)
wsbeacon.com - January 18 at 10:36 PM
News IconTanger Factory Outlet Centers Inc Valuation – Initial Coverage $SKT (NYSE:SKT)
www.moderngraham.com - January 16 at 6:23 PM
seekingalpha.com logoTanger: Undervalued, Recession Resistant, And Shareholder Friendly - Seeking Alpha (NYSE:SKT)
seekingalpha.com - January 16 at 1:22 PM
News IconWill The Needle Move For Tanger Factory Outlet Centers, Inc. (NYSE:SKT) Shares This Earnings Season? - Wall Street Beacon (NYSE:SKT)
wsbeacon.com - January 16 at 1:22 PM
News IconGearing Up For a Bull Run? Analysts Weigh in on Tanger Factory Outlet Centers, Inc. (NYSE:SKT) - Wall Street Beacon (NYSE:SKT)
wsbeacon.com - January 13 at 3:08 AM
News IconWalking the Extra Mile: What's Next For Shares of Tanger Factory Outlet Centers, Inc. (NYSE:SKT) - Wall Street Beacon (NYSE:SKT)
wsbeacon.com - January 13 at 3:08 AM
nasdaq.com logo3 Retail REITs: 2 Screaming Buys and a “Wait” - Nasdaq (NYSE:SKT)
www.nasdaq.com - January 11 at 11:30 PM
streetinsider.com logoTanger Factory Outlet Centers (SKT) Declares $0.325 Quarterly Dividend; 3.5% Yield (NYSE:SKT)
www.streetinsider.com - January 7 at 4:39 AM
News IconTanger Factory Outlet Centers, Inc. (NYSE:SKT) Reviewed By Analysts (NYSE:SKT)
larampadinapoli.com - January 7 at 4:39 AM
publicnow.com logoTanger Declares Dividend For Fourth Quarter 2016 (NYSE:SKT)
www.publicnow.com - January 7 at 4:39 AM
prnewswire.com logoTanger Outlet Centers Schedules Fourth Quarter and Year-end 2016 Earnings Release and Conference Call - PR Newswire (press release) (NYSE:SKT)
www.prnewswire.com - January 5 at 6:38 AM
capitalcube.com logoETFs with exposure to Tanger Factory Outlet Centers, Inc. : January 3, 2017 (NYSE:SKT)
us.rd.yahoo.com - January 4 at 1:41 AM

Social

What is Tanger Factory Outlet Centers' stock symbol?

Tanger Factory Outlet Centers trades on the New York Stock Exchange (NYSE) under the ticker symbol "SKT."

How often does Tanger Factory Outlet Centers pay dividends? What is the dividend yield for Tanger Factory Outlet Centers?

Tanger Factory Outlet Centers declared a quarterly dividend on Friday, January 6th. Investors of record on Tuesday, January 31st will be given a dividend of $0.325 per share on Wednesday, February 15th. This represents a $1.30 annualized dividend and a yield of 3.79%. The ex-dividend date of this dividend is Friday, January 27th.

Where is Tanger Factory Outlet Centers' stock going? Where will Tanger Factory Outlet Centers' stock price be in 2017?

7 equities research analysts have issued 12-month target prices for Tanger Factory Outlet Centers' stock. Their predictions range from $33.00 to $48.00. On average, they expect Tanger Factory Outlet Centers' stock price to reach $41.00 in the next twelve months.

When will Tanger Factory Outlet Centers announce their earnings?

Tanger Factory Outlet Centers is scheduled to release their next quarterly earnings announcement on Monday, April, 24th 2017.

What are analysts saying about Tanger Factory Outlet Centers stock?

Here are some recent quotes from research analysts about Tanger Factory Outlet Centers stock:

  • Jefferies Group LLC analysts commented, "We are adjusting our 2017 & 2018 estimates due to updated management, leasing & development fee assumptions. We also are lowering projected JV income to properly reflect the consolidation of the Savannah outlet. Our 2017/2018 FFO/sh estimates go to $2.45/$2.58, from $2.49/$2.62. We are also Lowering our PT to $41, from $42." (1/27/2017)
  • According to Zacks Investment Research, "Tanger Factory Outlet Centers, Inc. is a fully-integrated, self-administered and self-managed real estate investment trust which focuses exclusively on developing, acquiring, owning and operating factory outlet centers. Since entering the factory outlet center business, they have become one of the largest owners and operators of factory outlet centers in the United States. " (1/27/2017)

Who owns Tanger Factory Outlet Centers stock?

Tanger Factory Outlet Centers' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include State Street Corp (9.83%), Dimensional Fund Advisors LP (1.39%), FMR LLC (1.26%), Foresters Investment Management Company Inc. (1.09%), Russell Investments Group Ltd. (0.99%) and Renaissance Technologies LLC (0.90%). Company insiders that own Tanger Factory Outlet Centers stock include Carrie A Geldner, Chad Perry, Frank C Marchisello Jr, Frank C Marchisello, Jr, James Floyd Williams, Jeffrey B Citrin, Lisa J Morrison, Manuel O Jessup, Steven B Tanger, Thomas E Mcdonough, Virginia R Summerell and William G Benton.

Who sold Tanger Factory Outlet Centers stock? Who is selling Tanger Factory Outlet Centers stock?

Tanger Factory Outlet Centers' stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Renaissance Technologies LLC, Allianz Asset Management AG, Martingale Asset Management L P, Comerica Bank, Guggenheim Capital LLC, RidgeWorth Capital Management LLC and Two Sigma Investments LP. Company insiders that have sold Tanger Factory Outlet Centers stock in the last year include Carrie A Geldner, Chad Perry, James Floyd Williams, Lisa J Morrison, Manuel O Jessup, Steven B Tanger, Thomas E Mcdonough, Virginia R Summerell and William G Benton.

Who bought Tanger Factory Outlet Centers stock? Who is buying Tanger Factory Outlet Centers stock?

Tanger Factory Outlet Centers' stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., FMR LLC, Foresters Investment Management Company Inc., Systematic Financial Management LP, William Blair Investment Management LLC, Private Advisor Group LLC, Janus Capital Management LLC and Rafferty Asset Management LLC.

How do I buy Tanger Factory Outlet Centers stock?

Shares of Tanger Factory Outlet Centers can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Tanger Factory Outlet Centers stock cost?

One share of Tanger Factory Outlet Centers stock can currently be purchased for approximately $34.31.

Tanger Factory Outlet Centers (NYSE:SKT) Chart for Monday, February, 27, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Tanger Factory Outlet Centers (NYSE:SKT)

Earnings History Chart

Earnings by Quarter for Tanger Factory Outlet Centers (NYSE:SKT)

Dividend History Chart

Dividend Payments by Quarter for Tanger Factory Outlet Centers (NYSE:SKT)

Last Updated on 2/27/2017 by MarketBeat.com Staff