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S&P 500   4,662.85 (+0.08%)
DOW   35,911.81 (-0.56%)
S&P 500   4,662.85 (+0.08%)
DOW   35,911.81 (-0.56%)
S&P 500   4,662.85 (+0.08%)
DOW   35,911.81 (-0.56%)
NYSE:SKT

Tanger Factory Outlet Centers Stock Forecast, Price & News

$19.44
-0.21 (-1.07%)
(As of 01/14/2022 12:00 AM ET)
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Today's Range
$19.00
$19.57
50-Day Range
$18.35
$21.51
52-Week Range
$11.81
$22.51
Volume
680,270 shs
Average Volume
755,700 shs
Market Capitalization
$2.02 billion
P/E Ratio
N/A
Dividend Yield
3.76%
Beta
1.88
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Tanger Factory Outlet Centers logo

About Tanger Factory Outlet Centers

Tanger Factory Outlet Centers, Inc. is a fully-integrated, self-administered and self-managed real estate investment trust. It focuses on developing, acquiring, owning, operating and managing outlet shopping centers. The company was founded by Stanley K. Tanger in 1981 and is headquartered in Greensboro, NC.

Headlines

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Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Retail REITs
Sector
Finance
CUSIP
87546510
Employees
2,018
Year Founded
N/A

Sales & Book Value

Annual Sales
$389.99 million
Cash Flow
$0.94 per share
Book Value
$3.84 per share

Profitability

Net Income
$-36.28 million
Pretax Margin
-3.11%

Debt

Price-To-Earnings

Miscellaneous

Free Float
98,266,000
Market Cap
$2.02 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 11/15 Dividend
10/28/2021
Last Earnings
10/31/2021
Dividend Payable
11/15/2021
Today
1/17/2022
Ex-Dividend for 2/15 Dividend
1/28/2022
Dividend Payable
2/15/2022
Next Earnings (Confirmed)
2/17/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.34 out of 5 stars

Finance Sector

363rd out of 1,329 stocks

Real Estate Investment Trusts Industry

87th out of 230 stocks

Analyst Opinion: 0.8Community Rank: 4.0Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 -












Tanger Factory Outlet Centers (NYSE:SKT) Frequently Asked Questions

Is Tanger Factory Outlet Centers a buy right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Tanger Factory Outlet Centers in the last twelve months. There are currently 2 sell ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Tanger Factory Outlet Centers stock. 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 analyst ratings for Tanger Factory Outlet Centers
or view top-rated stocks.

How has Tanger Factory Outlet Centers' stock been impacted by Coronavirus (COVID-19)?

Tanger Factory Outlet Centers' stock was trading at $9.67 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SKT shares have increased by 101.0% and is now trading at $19.44.
View which stocks have been most impacted by COVID-19
.

When is Tanger Factory Outlet Centers' next earnings date?

Tanger Factory Outlet Centers is scheduled to release its next quarterly earnings announcement on Thursday, February 17th 2022.
View our earnings forecast for Tanger Factory Outlet Centers
.

How can I listen to Tanger Factory Outlet Centers' earnings call?

Tanger Factory Outlet Centers will be holding an earnings conference call on Friday, February 18th 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 "13725620".

How were Tanger Factory Outlet Centers' earnings last quarter?

Tanger Factory Outlet Centers, Inc. (NYSE:SKT) released its quarterly earnings results on Sunday, October, 31st. The real estate investment trust reported ($0.11) earnings per share for the quarter, missing the consensus estimate of $0.04 by $0.15. The real estate investment trust earned $112.47 million during the quarter, compared to the consensus estimate of $92.96 million. Tanger Factory Outlet Centers had a negative net margin of 0.87% and a negative trailing twelve-month return on equity of 0.80%. The firm's revenue was up 9.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.44 earnings per share.
View Tanger Factory Outlet Centers' earnings history
.

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 Thursday, January 13th. Shareholders of record on Monday, January 31st will be paid a dividend of $0.183 per share on Tuesday, February 15th. This represents a $0.73 annualized dividend and a yield of 3.77%. The ex-dividend date is Friday, January 28th.
View Tanger Factory Outlet Centers' dividend history
.

Is Tanger Factory Outlet Centers a good dividend stock?

Tanger Factory Outlet Centers pays an annual dividend of $0.73 per share and currently has a dividend yield of 3.76%.
View Tanger Factory Outlet Centers' dividend history.

What guidance has Tanger Factory Outlet Centers issued on next quarter's earnings?

Tanger Factory Outlet Centers issued an update on its FY 2021 earnings guidance on Monday, November, 8th. The company provided earnings per share guidance of $1.670-$1.710 for the period. The company issued revenue guidance of -.

What price target have analysts set for SKT?

3 Wall Street analysts have issued 12 month price objectives for Tanger Factory Outlet Centers' shares. Their forecasts range from $12.50 to $15.00. On average, they expect Tanger Factory Outlet Centers' share price to reach $13.75 in the next twelve months. This suggests that the stock has a possible downside of 29.3%.
View analysts' price targets for Tanger Factory Outlet Centers
or view top-rated stocks among Wall Street analysts.

Who are Tanger Factory Outlet Centers' key executives?

Tanger Factory Outlet Centers' management team includes the following people:
  • Stephen J. Yalof, President, Chief Executive Officer & Director
  • Leslie A. Swanson, Chief Operating Officer & Executive Vice President
  • James Floyd Williams, Chief Financial Officer, Treasurer & Executive VP
  • Ricky L. Farrar, Vice President-Information Technologies
  • Chad D. Perry, Secretary, Executive VP & General Counsel (LinkedIn Profile)

What is Steven B. Tanger's approval rating as Tanger Factory Outlet Centers' CEO?

19 employees have rated Tanger Factory Outlet Centers CEO Steven B. Tanger on Glassdoor.com. Steven B. Tanger has an approval rating of 98% among Tanger Factory Outlet Centers' 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 Factory Outlet Centers own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Tanger Factory Outlet Centers 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).

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."

Who are Tanger Factory Outlet Centers' major shareholders?

Tanger Factory Outlet Centers' stock is owned by a number of retail and institutional investors. Top institutional investors include O Keefe Stevens Advisory Inc. (0.40%), State of Alaska Department of Revenue (0.12%), First Hawaiian Bank (0.03%), Diversified Trust Co (0.02%) and Future Financial Wealth Managment LLC (0.01%). Company insiders that own Tanger Factory Outlet Centers stock include Carrie A Warren, Chad Perry, Charles Allen Worsham, Thomas Joseph Guerrieri Jr, Thomas Reddin and Virginia R Summerell.
View institutional ownership trends for Tanger Factory Outlet Centers
.

Which major investors are selling Tanger Factory Outlet Centers stock?

SKT stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, and O Keefe Stevens Advisory Inc.. Company insiders that have sold Tanger Factory Outlet Centers company stock in the last year include Carrie A Warren, Chad Perry, Thomas Joseph Guerrieri Jr, and Thomas Reddin.
View insider buying and selling activity for Tanger Factory Outlet Centers
or view top insider-selling stocks.

Which major investors are buying Tanger Factory Outlet Centers stock?

SKT stock was purchased by a variety of institutional investors in the last quarter, including Future Financial Wealth Managment LLC, First Hawaiian Bank, and Diversified Trust Co.
View insider buying and selling activity for Tanger Factory Outlet Centers
or or view top insider-buying stocks.

How do I buy shares of Tanger Factory Outlet Centers?

Shares of SKT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Tanger Factory Outlet Centers' stock price today?

One share of SKT stock can currently be purchased for approximately $19.44.

How much money does Tanger Factory Outlet Centers make?

Tanger Factory Outlet Centers has a market capitalization of $2.02 billion and generates $389.99 million in revenue each year. The real estate investment trust earns $-36.28 million in net income (profit) each year or ($0.05) on an earnings per share basis.

How many employees does Tanger Factory Outlet Centers have?

Tanger Factory Outlet Centers employs 2,018 workers across the globe.

What is Tanger Factory Outlet Centers' official website?

The official website for Tanger Factory Outlet Centers is www.tangeroutlet.com.

Where are Tanger Factory Outlet Centers' headquarters?

Tanger Factory Outlet Centers is headquartered at 3200 NORTHLINE AVENUE SUITE 360, GREENSBORO NC, 27408.

How can I contact Tanger Factory Outlet Centers?

Tanger Factory Outlet Centers' mailing address is 3200 NORTHLINE AVENUE SUITE 360, GREENSBORO NC, 27408. The real estate investment trust can be reached via phone at (336) 292-3010, via email at [email protected], or via fax at 336-852-2096.


This page was last updated on 1/17/2022 by MarketBeat.com Staff

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