Tanger Factory Outlet Centers Stock Price, News & Analysis (NYSE:SKT)

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

Tanger Factory Outlet Centers declared a quarterly dividend on Thursday, October 10th. Investors of record on Thursday, October 31st will be given a dividend of $0.355 per share on Friday, November 15th. This represents a $1.42 dividend on an annualized basis and a dividend yield of 8.10%. The ex-dividend date is Wednesday, October 30th. View Tanger Factory Outlet Centers' Dividend History.

Tanger Factory Outlet Centers Inc. (NYSE:SKT) announced its earnings results on Tuesday, May, 1st. The real estate investment trust reported $0.24 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.58 by $0.34. The real estate investment trust had revenue of $123.50 million for the quarter, compared to analysts' expectations of $120.93 million. Tanger Factory Outlet Centers had a return on equity of 14.33% and a net margin of 14.98%. The company's revenue was up 1.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.58 earnings per share. View Tanger Factory Outlet Centers' Earnings History.

Tanger Factory Outlet Centers is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for Tanger Factory Outlet Centers.

Tanger Factory Outlet Centers will be holding an earnings conference call on Wednesday, October 30th 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 issued an update on its FY19 earnings guidance on Wednesday, July, 31st. The company provided EPS guidance of $2.21-2.27 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.23.

4 analysts have issued 1-year target prices for Tanger Factory Outlet Centers' stock. Their forecasts range from $15.00 to $27.00. On average, they expect Tanger Factory Outlet Centers' share price to reach $20.00 in the next twelve months. This suggests a possible upside of 14.0% from the stock's current price. View Analyst Price Targets for Tanger Factory Outlet Centers.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tanger Factory Outlet Centers in the last year. There are currently 2 sell ratings, 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Tanger Factory Outlet Centers.

News stories about SKT stock have trended somewhat positive recently, InfoTrie reports. The research firm ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Tanger Factory Outlet Centers earned a news sentiment score of 2.0 on InfoTrie's scale. They also gave media stories about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for Tanger Factory Outlet Centers.

Tanger Factory Outlet Centers saw a drop in short interest during the month of September. As of September 15th, there was short interest totalling 43,350,000 shares, a drop of 6.3% from the August 15th total of 46,270,000 shares. Based on an average daily trading volume, of 2,450,000 shares, the short-interest ratio is currently 17.7 days. Approximately 47.5% of the shares of the stock are short sold. View Tanger Factory Outlet Centers' Current Options Chain.

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), Macerich (MAC), Weingarten Realty Investors (WRI), Agree Realty (ADC), Retail Properties of America (RPAI), Acadia Realty Trust (AKR), Taubman Centers (TCO), Retail Opportunity Investments (ROIC), Alexander's (ALX) and Kite Realty Group Trust (KRG).

Based on aggregate information from My MarketBeat watchlists, some companies that other Tanger Factory Outlet Centers investors own include AT&T (T), Delta Air Lines (DAL), Verizon Communications (VZ), Simon Property Group (SPG), AbbVie (ABBV), Enterprise Products Partners (EPD), Omega Healthcare Investors (OHI), Cisco Systems (CSCO), Ventas (VTR) and Exxon Mobil (XOM).

Tanger Factory Outlet Centers' stock is owned by a number of of institutional and retail investors. Top institutional investors include Virginia Retirement Systems ET AL (0.31%), Edmp Inc. (0.26%), O Keefe Stevens Advisory Inc. (0.26%), Gilman Hill Asset Management LLC (0.21%), Northstar Investment Advisors LLC (0.16%) and Strs Ohio (0.14%). Company insiders that own Tanger Factory Outlet Centers stock include Carrie A Geldner, Carrie A Warren, Chad Perry, Charles Allen Worsham, Lisa J Morrison, Steven B Tanger, Thomas E Mcdonough, 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 Virginia Retirement Systems ET AL, State of Alaska Department of Revenue, Gilman Hill Asset Management LLC, Envestnet Asset Management Inc., Inlet Private Wealth LLC, Northstar Investment Advisors LLC, Strs Ohio and Pacer Advisors Inc.. Company insiders that have sold Tanger Factory Outlet Centers company stock in the last year include Carrie A Warren, Chad Perry, Charles Allen Worsham, Lisa J Morrison, Thomas Joseph Guerrieri Jr and Virginia R Summerell. View Insider Buying and Selling for Tanger Factory Outlet Centers.

SKT stock was bought by a variety of institutional investors in the last quarter, including Fox Run Management L.L.C., 6 Meridian, O Keefe Stevens Advisory Inc., First Citizens Bank & Trust Co., Truvestments Capital LLC, Meeder Asset Management Inc., Edmp Inc. and Flagship Harbor Advisors LLC. 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 for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of SKT stock can currently be purchased for approximately $17.54.

Tanger Factory Outlet Centers has a market capitalization of $1.64 billion and generates $494.68 million in revenue each year. The real estate investment trust earns $43.65 million in net income (profit) each year or $2.48 on an earnings per share basis. Tanger Factory Outlet Centers employs 285 workers across the globe.View Additional Information About Tanger Factory Outlet Centers.

The official website for Tanger Factory Outlet Centers is http://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]