Tanger Factory Outlet Centers, Inc. (SKT): Price and Financial Metrics

Tanger Factory Outlet Centers, Inc. (SKT)

Today's Latest Price: $6.87 USD

0.02 (-0.29%)

Updated Oct 23 7:00pm

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Overall POWR Rating

POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank

Industry Rank:

Ranked of 41 in REITs - Retail

See all "A" rated Strong Buy stocks

SKT Stock Summary

  • Of note is the ratio of Tanger Factory Outlet Centers Inc's sales and general administrative expense to its total operating expenses; merely 9.79% of US stocks have a lower such ratio.
  • For SKT, its debt to operating expenses ratio is greater than that reported by 88.68% of US equities we're observing.
  • Shareholder yield, a measure of how much is returned to shareholders via dividends and share repurchases, for SKT comes in at -39.22% -- higher than that of only 11.1% of stocks in our set.
  • Stocks with similar financial metrics, market capitalization, and price volatility to Tanger Factory Outlet Centers Inc are HR, PDM, CXP, WRE, and EGP.
  • SKT's SEC filings can be seen here. And to visit Tanger Factory Outlet Centers Inc's official web site, go to www.tangeroutlets.com.

SKT Stock Price Chart Interactive Chart >

Price chart for SKT

SKT Price/Volume Stats

Current price $6.87 52-week high $17.74
Prev. close $6.89 52-week low $4.05
Day low $6.82 Volume 2,502,235
Day high $7.17 Avg. volume 3,990,019
50-day MA $6.12 Dividend yield N/A
200-day MA $7.97 Market Cap 642.15M

Tanger Factory Outlet Centers, Inc. (SKT) Company Bio

Tanger Factory Outlet Centers focuses on developing, acquiring, owning, operating, and managing outlet shopping centers. The company was founded in 1981,and is based in Greensboro, North Carolina.

SKT Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$6.87$3.29 -49%

We started the process of determining a valid price forecast for Tanger Factory Outlet Centers Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Tanger Factory Outlet Centers Inc ranked in the 31th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. In terms of the factors that were most noteworthy in this DCF analysis for SKT, they are:

  • The company's debt burden, as measured by earnings divided by interest payments, is 0.39 -- which is good for besting only 18.21% of its peer stocks (US stocks in the Real Estate sector with positive cash flow).
  • 23% of the company's capital comes from equity, which is greater than merely 8.91% of stocks in our cash flow based forecasting set.
  • Tanger Factory Outlet Centers Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.

Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price

AMT, IRT, ALEX, WRI, and KIM can be thought of as valuation peers to SKT, in the sense that they are in the Real Estate sector and have a similar price forecast based on DCF valuation.

SKT Latest News Stream

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Latest SKT News From Around the Web

Below are the latest news stories about Tanger Factory Outlet Centers Inc that investors may wish to consider to help them evaluate SKT as an investment opportunity.

Tanger reports portfolio occupancy of 93.7%

Tanger (SKT) +1.2% repaid its unsecured lines of credit in full during August using internally generated positive cash flow in August.Total liquidity of $606.6M at the end of August, including $6.6M of cash on hand and $600M of unused capacity under its lines of credit.For August, rent collections improved to 85% of...

Seeking Alpha | September 15, 2020

Tanger: There Are 2 Sides To This Coin

Pat yourself on the back. You and I (by that I mean the SA community) can accurately predict future stock returns and earnings surprises. Surely you jest, Chuck! No. I speak the truth. A 2014 study, conducted by researchers from Purdue University, the Georgia Institute of Technology, and the City...

Chuck Walston on Seeking Alpha | September 14, 2020

Tanger Outlets and HeadCount Partner to Boost Voter Registration Ahead of 2020 Election

GREENSBORO, N.C., Sept. 2, 2020 /PRNewswire/ -- Today, Tanger Factory Outlet Centers, Inc. (NYSE:SKT), a leader in the outlet industry, announced its partnership with HeadCount, a non-partisan, non-profit organization dedicated to promoting participation in democracy and voter…

PR Newswire | September 2, 2020

Tanger Outlets Gears Up For Back To School

Tanger Factory Outlet Centers, Inc., a leader in the outlet industry, invites shoppers to kick off their back-to-school shopping with the 2020 TangerSTYLE sale. Back-to-school savings begin at Tanger Outlets, with deals for the entire family on the latest seasonal trends to head back to class in style. Tanger shoppers can find fashionable savings on back-to-school must-haves from their favorite brand names and designer stores all in one convenient location and one stop.

Yahoo | July 31, 2020

Tractor Supply, Tanger Factory, Cisco, Agilent and Benefitfocus as Zacks Bull and Bear of the Day

Tractor Supply, Tanger Factory, Cisco, Agilent and Benefitfocus as Zacks Bull and Bear of the Day

Yahoo | July 29, 2020

Read More 'SKT' Stories Here

SKT Price Returns

1-mo 17.44%
3-mo 3.46%
6-mo -2.18%
1-year -56.71%
3-year -64.35%
5-year -74.02%
YTD -49.85%
2019 -21.33%
2018 -18.99%
2017 -22.29%
2016 13.33%
2015 -8.72%

Continue Researching SKT

Here are a few links from around the web to help you further your research on Tanger Factory Outlet Centers Inc's stock as an investment opportunity:

Tanger Factory Outlet Centers Inc (SKT) Stock Price | Nasdaq
Tanger Factory Outlet Centers Inc (SKT) Stock Quote, History and News - Yahoo Finance
Tanger Factory Outlet Centers Inc (SKT) Stock Price and Basic Information | MarketWatch

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