Tanger Factory Outlet Centers Stock Forecast, Price & News

4 Wall Street 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 2 hold ratings for the stock. The consensus among Wall Street 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.

Wall Street analysts have given Tanger Factory Outlet Centers a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Tanger Factory Outlet Centers wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Tanger Factory Outlet Centers saw a decrease in short interest during the month of June. As of June 15th, there was short interest totaling 18,580,000 shares, a decrease of 18.1% from the May 31st total of 22,690,000 shares. Based on an average daily volume of 1,890,000 shares, the short-interest ratio is currently 9.8 days. Currently, 19.0% of the shares of the stock are sold short.
View Tanger Factory Outlet Centers' Short Interest.

Tanger Factory Outlet Centers is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021.
View our earnings forecast for Tanger Factory Outlet Centers.

Tanger Factory Outlet Centers will be holding an earnings conference call on Wednesday, August 4th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 877-344-7529 with passcode "10157928".

Tanger Factory Outlet Centers, Inc. (NYSE:SKT) posted its quarterly earnings data on Wednesday, May, 5th. The real estate investment trust reported $0.04 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.36 by $0.32. Tanger Factory Outlet Centers had a net margin of 10.63% and a trailing twelve-month return on equity of 10.59%.
View Tanger Factory Outlet Centers' earnings history.

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 increased by 83.2% and is now trading at $17.72.
View which stocks have been most impacted by COVID-19.

Tanger Factory Outlet Centers declared a quarterly dividend on Monday, July 12th. Shareholders of record on Friday, July 30th will be paid a dividend of $0.177 per share on Friday, August 13th. This represents a $0.71 dividend on an annualized basis and a dividend yield of 4.00%. The ex-dividend date is Thursday, July 29th.
View Tanger Factory Outlet Centers' dividend history.

Tanger Factory Outlet Centers pays an annual dividend of $0.71 per share and currently has a dividend yield of 4.04%. SKT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Tanger Factory Outlet Centers does not yet have a strong track record of dividend growth. The dividend payout ratio of Tanger Factory Outlet Centers is 44.94%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Tanger Factory Outlet Centers will have a dividend payout ratio of 47.65% next year. This indicates that Tanger Factory Outlet Centers will be able to sustain or increase its dividend.
View Tanger Factory Outlet Centers' dividend history.

Tanger Factory Outlet Centers issued an update on its FY 2021 earnings guidance on Wednesday, May, 26th. The company provided EPS guidance of 1.470-1.570 for the period. The company issued revenue guidance of -.

4 analysts have issued twelve-month price objectives for Tanger Factory Outlet Centers' stock. Their forecasts range from $7.50 to $15.00. On average, they expect Tanger Factory Outlet Centers' stock price to reach $11.38 in the next year. This suggests that the stock has a possible downside of 35.8%.
View analysts' price targets for Tanger Factory Outlet Centers or view top-rated stocks among Wall Street analysts.

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.

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

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).

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

Tanger Factory Outlet Centers' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Marathon Asset Management LLP (1.17%), State of Alaska Department of Revenue (0.11%), Albert D Mason Inc. (0.08%), DAVENPORT & Co LLC (0.01%), Spirit of America Management Corp NY (0.01%) and XR Securities LLC (0.00%). Company insiders that own Tanger Factory Outlet Centers stock include Carrie A Warren, Charles Allen Worsham, Steven B Tanger, Stewart Martin, Thomas Joseph Guerrieri Jr, Thomas Reddin and Virginia R Summerell.
View institutional ownership trends for Tanger Factory Outlet Centers.

SKT stock was sold by a variety of institutional investors in the last quarter, including Marathon Asset Management LLP, XR Securities LLC, Albert D Mason Inc., and DAVENPORT & Co LLC. Company insiders that have sold Tanger Factory Outlet Centers company stock in the last year include Carrie A Warren, Thomas Joseph Guerrieri Jr, and Thomas Reddin.
View insider buying and selling activity for Tanger Factory Outlet Centers or view top insider-selling stocks.

SKT stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, and Spirit of America Management Corp NY. Company insiders that have bought Tanger Factory Outlet Centers stock in the last two years include Steven B Tanger, and Thomas Reddin.
View insider buying and selling activity for Tanger Factory Outlet Centers or or view top insider-buying stocks.

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.

One share of SKT stock can currently be purchased for approximately $17.72.

Tanger Factory Outlet Centers has a market capitalization of $1.79 billion and generates $389.99 million in revenue each year. The real estate investment trust earns $-36,280,000.00 in net income (profit) each year or $1.58 on an earnings per share basis.

Tanger Factory Outlet Centers employs 262 workers across the globe.

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

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

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]