NYSE:SKTTanger Factory Outlet Centers Stock Price, Forecast & News

Tanger Factory Outlet Centers' stock was trading at $9.67 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, SKT shares have decreased by 27.1% and is now trading at $7.05. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tanger Factory Outlet Centers in the last year. There are currently 4 sell ratings and 2 hold ratings for the stock, resulting in a consensus recommendation of "Sell." View analyst ratings for Tanger Factory Outlet Centers.

Tanger Factory Outlet Centers is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Tanger Factory Outlet Centers.

Tanger Factory Outlet Centers will be holding an earnings conference call on Wednesday, August 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Tanger Factory Outlet Centers Inc. (NYSE:SKT) released its quarterly earnings data on Monday, May, 11th. The real estate investment trust reported ($0.30) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.52 by $0.82. The real estate investment trust earned $108.56 million during the quarter, compared to analyst estimates of $110.37 million. Tanger Factory Outlet Centers had a negative net margin of 0.38% and a negative return on equity of 0.39%. View Tanger Factory Outlet Centers' earnings history.

Tanger Factory Outlet Centers declared a quarterly dividend on Tuesday, January 28th. Investors of record on Thursday, April 30th will be paid a dividend of $0.3575 per share on Friday, May 15th. This represents a $1.43 dividend on an annualized basis and a dividend yield of 20.28%. The ex-dividend date of this dividend is Wednesday, April 29th. This is a positive change from Tanger Factory Outlet Centers's previous quarterly dividend of $0.36. View Tanger Factory Outlet Centers' dividend history.

6 equities research analysts have issued 1-year target prices for Tanger Factory Outlet Centers' shares. Their forecasts range from $3.00 to $8.00. On average, they anticipate Tanger Factory Outlet Centers' stock price to reach $6.12 in the next year. This suggests that the stock has a possible downside of 13.2%. View analysts' price targets for Tanger Factory Outlet Centers.

News headlines about SKT stock have been trending very negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Tanger Factory Outlet Centers earned a daily sentiment score of -3.3 on InfoTrie's scale. They also assigned media headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news about Tanger Factory Outlet Centers.

Some companies that are related to Tanger Factory Outlet Centers include Simon Property Group (SPG), Realty Income (O), Regency Centers (REG), Federal Realty Investment Trust (FRT), National Retail Properties (NNN), Kimco Realty (KIM), Agree Realty (ADC), Weingarten Realty Investors (WRI), Taubman Centers (TCO), Retail Properties of America (RPAI), Retail Opportunity Investments (ROIC), Macerich (MAC), Alexander's (ALX), Getty Realty (GTY) and Acadia Realty Trust (AKR). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Tanger Factory Outlet Centers investors own include AT&T (T), Enterprise Products Partners (EPD), Delta Air Lines (DAL), Verizon Communications (VZ), AbbVie (ABBV), Exxon Mobil (XOM), Simon Property Group (SPG), Cisco Systems (CSCO), ANNALY CAP MGMT/SH (NLY) and Iron Mountain (IRM).

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

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

One share of SKT stock can currently be purchased for approximately $7.05.

Tanger Factory Outlet Centers has a market capitalization of $658.96 million and generates $478.35 million in revenue each year. The real estate investment trust earns $87.86 million in net income (profit) each year or $2.27 on an earnings per share basis. Tanger Factory Outlet Centers employs 285 workers across the globe.

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

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 or via email at [email protected]