NYSE:SKT Tanger (SKT) Stock Price, News & Analysis → SHOCKING Footage From Tesla Gigafactory In Austin, Texas (From InvestorPlace) (Ad) Free SKT Stock Alerts $28.39 +0.07 (+0.25%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$28.22▼$28.5050-Day Range$25.82▼$29.8052-Week Range$18.00▼$29.98Volume690,149 shsAverage Volume827,934 shsMarket Capitalization$3.09 billionP/E Ratio30.86Dividend Yield3.66%Price Target$25.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Tanger alerts: Email Address Tanger MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside9.6% Downside$25.67 Price TargetShort InterestBearish3.77% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.69Upright™ Environmental ScoreNews Sentiment0.76Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth2.91%From $2.06 to $2.12 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.2.86 out of 5 starsFinance Sector557th out of 890 stocksReal Estate Investment Trusts Industry115th out of 182 stocks 1.0 Analyst's Opinion Consensus RatingTanger has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 4 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $25.67, Tanger has a forecasted downside of 9.6% from its current price of $28.39.Amount of Analyst CoverageTanger has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.77% 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 4.6.Change versus previous monthShort interest in Tanger has recently increased by 3.53%, 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 3.67%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthTanger has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Tanger is 113.04%. 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 49.06% next year. This indicates that Tanger will be able to sustain or increase its 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 3.8 News and Social Media Coverage News SentimentTanger has a news sentiment score of 0.76. 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 0.61 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Tanger this week, compared to 3 articles on an average week.Search Interest11 people have searched for SKT on MarketBeat in the last 30 days. This is an increase of 1,000% compared to the previous 30 days.MarketBeat Follows6 people have added Tanger to their MarketBeat watchlist in the last 30 days. This is an increase of 200% 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 3.70% of the stock of Tanger is held by insiders.Percentage Held by Institutions84.94% of the stock of Tanger is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Tanger are expected to grow by 2.91% in the coming year, from $2.06 to $2.12 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Tanger is 30.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 148.57.Price to Earnings Ratio vs. SectorThe P/E ratio of Tanger is 30.86, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 60.17.Price to Earnings Growth RatioTanger has a PEG Ratio of 4.13. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioTanger has a P/B Ratio of 5.06. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap ProfitsClaim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.Secure Your Spot Now 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 HeadlinesMarch 19, 2024 | money.usnews.comTanger Inc.March 16, 2024 | ca.finance.yahoo.comSKT Apr 2024 30.000 putMarch 19, 2024 | InvestorPlace (Ad)SHOCKING Footage From Tesla Gigafactory In Austin, TexasA Silicon Valley Insider and former #1 stock picker in America just released this SHOCKING footage from outside the Tesla Gigafactory, in Austin, Texas. And it reveals Elon Musk's “A.I. 2.0.”March 15, 2024 | msn.comThis REIT With a 3.7% Yield Thrives in Both Good and Bad TimesMarch 14, 2024 | msn.comSmith Haven Mall Wins Best Mall On Long Island: 'We're Thrilled'March 11, 2024 | prnewswire.comTanger Schedules First Quarter 2024 Earnings Release and Conference CallMarch 9, 2024 | americanbankingnews.comTanger Inc. (NYSE:SKT) Receives Average Rating of "Hold" from AnalystsMarch 6, 2024 | finance.yahoo.comSKT Sep 2024 25.000 putMarch 19, 2024 | Banyan Hill Publishing (Ad)AI Cracks Open Largest Untapped Energy Reserve on EarthThis orb represents the largest untapped energy source in the world… And although this energy resource is unknown by 99% of the public… It makes gas, coal, oil, wind, hydropower, solar, fusion… March 4, 2024 | finance.yahoo.comSKT Apr 2024 26.000 putMarch 4, 2024 | finance.yahoo.comSKT Apr 2024 32.000 callFebruary 27, 2024 | prnewswire.comTanger to Present at Citi's 2024 Global Property CEO ConferenceFebruary 26, 2024 | finance.yahoo.comTanger CEO talks being 'very optimistic' about growth in 2024February 25, 2024 | seekingalpha.comWho Wants To Roll The Dice On These 'Experiential' REITs?February 21, 2024 | ca.finance.yahoo.comSKT Jun 2024 22.000 callFebruary 21, 2024 | markets.businessinsider.comKeyBanc Sticks to Their Hold Rating for Tanger Factory (SKT)February 20, 2024 | bizjournals.comTanger closes out strong 2023 with 30% increase in Q4 profit while acquiring two outlet centersFebruary 19, 2024 | ca.finance.yahoo.comO Apr 2024 50.000 putFebruary 16, 2024 | markets.businessinsider.comHere's what Wall Street expects from Tanger Factory Outlet Centers's earnings reportFebruary 15, 2024 | finance.yahoo.comTanger Inc (SKT) Reports Solid Earnings Growth and Expands Portfolio in Q4 and Full Year 2023February 15, 2024 | msn.comTanger Q4 results beat, helped by leasing momentum; issues solid guidanceFebruary 15, 2024 | finance.yahoo.comTanger Reports Fourth Quarter and Full Year 2023 Results and Introduces 2024 GuidanceFebruary 15, 2024 | prnewswire.comTanger Reports Fourth Quarter and Full Year 2023 Results and Introduces 2024 GuidanceFebruary 15, 2024 | benzinga.comTanger Stock (NYSE:SKT) Dividends: History, Yield and DatesJanuary 25, 2024 | benzinga.comTanger's Ex-Dividend Date Is Tuesday, Here's What You Need To KnowJanuary 23, 2024 | finance.yahoo.comTanger Inc. 2023 Tax Reporting Information - Distribution (Form 1099)January 19, 2024 | finance.yahoo.comTanger (SKT) May Find a Bottom Soon, Here's Why You Should Buy the Stock NowSee 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 2/15 Dividend1/30/2024Dividend Payable2/15/2024Today3/19/2024Next Earnings (Confirmed)4/30/2024Fiscal 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$25.67 High Stock Price Target$29.00 Low Stock Price Target$20.00 Potential Upside/Downside-9.6%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$0.92 Trailing P/E Ratio30.86 Forward P/E Ratio13.78 P/E Growth4.13Net Income$99.15 million Net Margins21.19% Pretax Margin20.59% Return on Equity18.59% Return on Assets4.42% Debt Debt-to-Equity Ratio2.43 Current Ratio0.19 Quick Ratio0.19 Sales & Book Value Annual Sales$464.41 million Price / Sales6.66 Cash Flow$2.01 per share Price / Cash Flow14.12 Book Value$5.61 per share Price / Book5.06Miscellaneous Outstanding Shares108,920,000Free Float104,887,000Market Cap$3.09 billion OptionableOptionable Beta1.83 The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. Stephen J. Yalof (Age 61)President, CEO & Director Comp: $2.48MMr. Michael Jason Bilerman (Age 49)Executive VP, CFO & Chief Investment Officer Comp: $1.05MMs. Leslie A. Swanson Gallardo (Age 53)Executive VP & COO Comp: $910.21kMr. Thomas J. Guerrieri Jr. (Age 51)Senior VP & Chief Accounting Officer Comp: $471.93kMs. Jessica K. Norman (Age 41)Executive VP, General Counsel & Secretary Ms. Virginie Julie SchenaSenior Vice President of People & CultureBrian A. AugerSenior Vice President of LegalJoshua D. CoxSenior Vice President of TaxCraig WiseSenior Vice President of Digital StrategyMr. Steve M. DworkinSenior Vice President of Real EstateMore ExecutivesKey CompetitorsAlexander'sNYSE:ALXInvenTrust PropertiesNYSE:IVTNETSTREITNYSE:NTSTAlexander & BaldwinNYSE:ALEXCareTrust REITNASDAQ:CTREView All CompetitorsInsiders & InstitutionsHBK Investments L PBought 130,000 shares on 3/14/2024Ownership: 0.000%Vanguard Group Inc.Sold 215,819 shares on 3/11/2024Ownership: 15.468%Wellington Management Group LLPBought 94,887 shares on 3/5/2024Ownership: 3.717%Fisher Asset Management LLCSold 19,414 shares on 3/5/2024Ownership: 0.449%Goldman Sachs Group Inc.Sold 83,826 shares on 3/1/2024Ownership: 0.345%View All Insider TransactionsView All Institutional Transactions SKT Stock Analysis - Frequently Asked Questions Should I buy or sell Tanger stock right now? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tanger in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" SKT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SKT, but not buy additional shares or sell existing shares. View SKT analyst ratings or view top-rated stocks. What is Tanger's stock price target for 2024? 6 equities research analysts have issued 12 month price objectives for Tanger's shares. Their SKT share price targets range from $20.00 to $29.00. On average, they anticipate the company's stock price to reach $25.67 in the next twelve months. This suggests that the stock has a possible downside of 9.6%. View analysts price targets for SKT or view top-rated stocks among Wall Street analysts. How have SKT shares performed in 2024? Tanger's stock was trading at $27.72 at the beginning of the year. Since then, SKT shares have increased by 2.4% and is now trading at $28.39. View the best growth stocks for 2024 here. When is Tanger's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024. View our SKT earnings forecast. How can I listen to Tanger's earnings call? Tanger will be holding an earnings conference call on Wednesday, May 1st at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 877-660-6853 with passcode "13745043". How were Tanger's earnings last quarter? Tanger Inc. (NYSE:SKT) released its quarterly earnings data on Monday, August, 8th. The real estate investment trust reported $0.19 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.42 by $0.23. The real estate investment trust earned $105.84 million during the quarter, compared to analyst estimates of $104.45 million. Tanger had a net margin of 21.19% and a trailing twelve-month return on equity of 18.59%. The business's revenue was up 4.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.43 EPS. How often does Tanger pay dividends? What is the dividend yield for Tanger? Tanger declared a quarterly dividend on Wednesday, January 17th. Shareholders of record on Wednesday, January 31st will be given a dividend of $0.26 per share on Thursday, February 15th. This represents a $1.04 dividend on an annualized basis and a yield of 3.66%. The ex-dividend date of this dividend is Tuesday, January 30th. Read our dividend analysis for SKT. Is Tanger a good dividend stock? Tanger (NYSE:SKT) pays an annual dividend of $1.04 per share and currently has a dividend yield of 3.67%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 113.04%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, SKT will have a dividend payout ratio of 49.06% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SKT. What ETFs hold Tanger's stock? ETFs with the largest weight of Tanger (NYSE:SKT) stock in their portfolio include Cambria Global Real Estate ETF (BLDG), Invesco Dorsey Wright Financial Momentum ETF (PFI), RiverFront Dynamic US Dividend Advantage ETF (RFDA), Invesco S&P SmallCap Financials ETF (PSCF), Fidelity Real Estate Investment ETF (FPRO), iShares US Credit Bond ETF (CRED), JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE).SPDR S&P 600 Small Cap ETF (SLY). What guidance has Tanger issued on next quarter's earnings? Tanger issued an update on its FY 2024 earnings guidance on Friday, February, 16th. The company provided earnings per share guidance of 2.020-2.100 for the period, compared to the consensus earnings per share estimate of 2.030. The company issued revenue guidance of -. 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. What other stocks do shareholders of Tanger own? Based on aggregate information from My MarketBeat watchlists, some companies that other Tanger investors own include AT&T (T), Verizon Communications (VZ), Enterprise Products Partners (EPD), Delta Air Lines (DAL), Cisco Systems (CSCO), AbbVie (ABBV), Exxon Mobil (XOM), Simon Property Group (SPG), CVS Health (CVS) and Intel (INTC). Who are Tanger's major shareholders? Tanger's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (15.99%), Vanguard Group Inc. (15.47%), Wellington Management Group LLP (3.72%), Charles Schwab Investment Management Inc. (1.88%), Waterfront Capital Partners LLC (1.46%) and Dimensional Fund Advisors LP (1.41%). Insiders that own company stock include Carrie A Warren, Chad Perry, Steven B Tanger, Susan E Skerritt, Thomas Joseph Guerrieri Jr and Thomas Reddin. 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. This page (NYSE:SKT) was last updated on 3/19/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial MetalsLike Tiny Crypto Retirement FundsCrypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceThe world’s greatest investmentPorter & CompanySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academytop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyBuy this small stock before coming AI Tidal WaveChaikin Analytics Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Tanger Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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