S&P 500   3,699.12 (+0.88%)
DOW   30,218.26 (+0.83%)
QQQ   305.52 (+0.41%)
AAPL   122.25 (-0.56%)
MSFT   214.36 (+0.06%)
FB   279.70 (-0.76%)
GOOGL   1,823.76 (+0.11%)
AMZN   3,162.58 (-0.76%)
TSLA   599.04 (+0.95%)
NVDA   542.33 (+1.21%)
BABA   267.25 (+0.13%)
CGC   28.59 (-0.14%)
GE   10.88 (+2.64%)
MU   73.34 (+4.92%)
AMD   94.04 (+1.87%)
T   29.54 (+1.06%)
NIO   43.04 (-5.09%)
F   9.34 (+1.41%)
ACB   10.89 (-3.11%)
BA   232.71 (-1.89%)
NFLX   498.31 (+0.16%)
GILD   61.56 (+1.15%)
DIS   154.14 (+0.59%)
S&P 500   3,699.12 (+0.88%)
DOW   30,218.26 (+0.83%)
QQQ   305.52 (+0.41%)
AAPL   122.25 (-0.56%)
MSFT   214.36 (+0.06%)
FB   279.70 (-0.76%)
GOOGL   1,823.76 (+0.11%)
AMZN   3,162.58 (-0.76%)
TSLA   599.04 (+0.95%)
NVDA   542.33 (+1.21%)
BABA   267.25 (+0.13%)
CGC   28.59 (-0.14%)
GE   10.88 (+2.64%)
MU   73.34 (+4.92%)
AMD   94.04 (+1.87%)
T   29.54 (+1.06%)
NIO   43.04 (-5.09%)
F   9.34 (+1.41%)
ACB   10.89 (-3.11%)
BA   232.71 (-1.89%)
NFLX   498.31 (+0.16%)
GILD   61.56 (+1.15%)
DIS   154.14 (+0.59%)
S&P 500   3,699.12 (+0.88%)
DOW   30,218.26 (+0.83%)
QQQ   305.52 (+0.41%)
AAPL   122.25 (-0.56%)
MSFT   214.36 (+0.06%)
FB   279.70 (-0.76%)
GOOGL   1,823.76 (+0.11%)
AMZN   3,162.58 (-0.76%)
TSLA   599.04 (+0.95%)
NVDA   542.33 (+1.21%)
BABA   267.25 (+0.13%)
CGC   28.59 (-0.14%)
GE   10.88 (+2.64%)
MU   73.34 (+4.92%)
AMD   94.04 (+1.87%)
T   29.54 (+1.06%)
NIO   43.04 (-5.09%)
F   9.34 (+1.41%)
ACB   10.89 (-3.11%)
BA   232.71 (-1.89%)
NFLX   498.31 (+0.16%)
GILD   61.56 (+1.15%)
DIS   154.14 (+0.59%)
S&P 500   3,699.12 (+0.88%)
DOW   30,218.26 (+0.83%)
QQQ   305.52 (+0.41%)
AAPL   122.25 (-0.56%)
MSFT   214.36 (+0.06%)
FB   279.70 (-0.76%)
GOOGL   1,823.76 (+0.11%)
AMZN   3,162.58 (-0.76%)
TSLA   599.04 (+0.95%)
NVDA   542.33 (+1.21%)
BABA   267.25 (+0.13%)
CGC   28.59 (-0.14%)
GE   10.88 (+2.64%)
MU   73.34 (+4.92%)
AMD   94.04 (+1.87%)
T   29.54 (+1.06%)
NIO   43.04 (-5.09%)
F   9.34 (+1.41%)
ACB   10.89 (-3.11%)
BA   232.71 (-1.89%)
NFLX   498.31 (+0.16%)
GILD   61.56 (+1.15%)
DIS   154.14 (+0.59%)
Log in
NYSE:SKT

Tanger Factory Outlet Centers Stock Forecast, Price & News

$10.63
+0.70 (+7.05 %)
(As of 12/4/2020 12:00 AM ET)
Add
Compare
Today's Range
$10.13
Now: $10.63
$10.68
50-Day Range
$6.07
MA: $7.79
$10.03
52-Week Range
$4.05
Now: $10.63
$16.93
Volume4.12 million shs
Average Volume3.83 million shs
Market Capitalization$993.41 million
P/E Ratio151.88
Dividend YieldN/A
Beta1.78
Tanger Factory Outlet Centers, Inc. (NYSE: SKT) is a leading operator of open-air upscale outlet shopping centers that owns, or has an ownership interest in, a portfolio of 38 centers. Tanger's operating properties are located in 20 states and in Canada, totaling approximately 14.1 million square feet, leased to over 2,700 stores operated by more than 500 different brand name companies. The Company has more than 39 years of experience in the outlet industry and is a publicly-traded REIT. Tanger is furnishing a Form 8-K with the Securities and Exchange Commission ("SEC") that includes a supplemental information package for the quarter ended September 30, 2020.
Tanger Factory Outlet Centers logo

Beat the Market (BTM) Rank

Analyst Opinion: 0.8Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.19 out of 5 stars


Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
CUSIP87546510
Phone336-292-3010
Employees285

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$478.35 million
Cash Flow$4.00 per share
Book Value$4.91 per share

Profitability

Net Income$87.86 million

Miscellaneous

Market Cap$993.41 million
Next Earnings Date1/25/2021 (Estimated)
OptionableOptionable
$10.63
+0.70 (+7.05 %)
(As of 12/4/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive SKT News and Ratings via Email

Sign-up to receive the latest news and ratings for SKT and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











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

How has Tanger Factory Outlet Centers' stock price 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 9.9% and is now trading at $10.63.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Tanger Factory Outlet Centers?

6 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 and 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Tanger Factory Outlet Centers
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Tanger Factory Outlet Centers?

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

When is Tanger Factory Outlet Centers' next earnings date?

Tanger Factory Outlet Centers is scheduled to release its next quarterly earnings announcement on Monday, January 25th 2021.
View our earnings forecast for Tanger Factory Outlet Centers
.

How were Tanger Factory Outlet Centers' earnings last quarter?

Tanger Factory Outlet Centers, Inc. (NYSE:SKT) posted its quarterly earnings data on Monday, May, 11th. The real estate investment trust reported ($0.30) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.52 by $0.82. The real estate investment trust earned $108.56 million during the quarter, compared to analysts' expectations of $110.37 million. Tanger Factory Outlet Centers had a net margin of 1.80% and a return on equity of 1.83%.
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 announced a quarterly dividend on Tuesday, January 28th. Stockholders 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 yield of 13.45%. The ex-dividend date is Wednesday, April 29th. This is a boost from Tanger Factory Outlet Centers's previous quarterly dividend of $0.36.
View Tanger Factory Outlet Centers' dividend history
.

What price target have analysts set for SKT?

6 brokers have issued 1 year price objectives for Tanger Factory Outlet Centers' stock. Their forecasts range from $3.00 to $8.00. On average, they anticipate Tanger Factory Outlet Centers' stock price to reach $6.37 in the next twelve months. This suggests that the stock has a possible downside of 40.1%.
View analysts' price targets for Tanger Factory Outlet Centers
.

Who are some of Tanger Factory Outlet Centers' key competitors?

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).

Who are Tanger Factory Outlet Centers' key executives?

Tanger Factory Outlet Centers' management team includes the following people:
  • Mr. Steven B. Tanger, CEO & Director (Age 71, Pay $2.91M)
  • Mr. James F. Williams CPA, Exec. VP & CFO (Age 55, Pay $950.1k)
  • Mr. Chad D. Perry J.D., Exec. VP, Gen. Counsel & Sec. (Age 48, Pay $1.05M)
  • Ms. Lisa J. Morrison, Exec. VP of Leasing (Age 60, Pay $578.49k)
  • Mr. Stephen J. Yalof, Pres, COO & Director
  • Mr. Thomas J. Guerrieri Jr., VP, Chief Accounting Officer & Controller (Age 47)
  • Ms. Cyndi M. Holt, VP of Investor Relations
  • Mr. Quentin N. Pell, VP of Corp. Communications & Enterprise Risk Management
  • Ms. Carrie A. Warren, Sr. VP, Marketing & Chief Marketing Officer (Age 57)
  • Ms. Mary Anne Williams, VP of HR

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 variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.75%), State Street Corp (5.10%), Charles Schwab Investment Management Inc. (1.77%), Principal Financial Group Inc. (1.45%), Morgan Stanley (0.93%) and LSV Asset Management (0.52%). Company insiders that own Tanger Factory Outlet Centers stock include Carrie A Warren, Chad Perry, 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
.

Which institutional investors are selling Tanger Factory Outlet Centers stock?

SKT stock was sold by a variety of institutional investors in the last quarter, including ProShare Advisors LLC, BlackRock Inc., State Street Corp, LSV Asset Management, First Trust Advisors LP, Virginia Retirement Systems ET AL, Morgan Stanley, and Truvestments Capital LLC. Company insiders that have sold Tanger Factory Outlet Centers company stock in the last year include Charles Allen Worsham, and Virginia R Summerell.
View insider buying and selling activity for Tanger Factory Outlet Centers
.

Which institutional investors are buying Tanger Factory Outlet Centers stock?

SKT stock was acquired by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Royce & Associates LP, Artemis Investment Management LLP, Voloridge Investment Management LLC, Charles Schwab Investment Management Inc., Lonestar Capital Management LLC, Squarepoint Ops LLC, and O Keefe Stevens Advisory Inc.. 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
.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Tanger Factory Outlet Centers' stock price today?

One share of SKT stock can currently be purchased for approximately $10.63.

How big of a company is Tanger Factory Outlet Centers?

Tanger Factory Outlet Centers has a market capitalization of $993.41 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.

What is Tanger Factory Outlet Centers' official website?

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

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 or via email at [email protected]

This page was last updated on 12/4/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.