Tanger Factory Outlet Centers, Inc. (SKT): Price and Financial Metrics
SKT Price/Volume Stats
Current price | $28.39 | 52-week high | $29.98 |
Prev. close | $28.32 | 52-week low | $18.00 |
Day low | $28.22 | Volume | 690,100 |
Day high | $28.50 | Avg. volume | 811,394 |
50-day MA | $27.89 | Dividend yield | 3.66% |
200-day MA | $24.81 | Market Cap | 3.09B |
SKT Stock Price Chart Interactive Chart >
SKT POWR Grades
- Growth is the dimension where SKT ranks best; there it ranks ahead of 73.74% of US stocks.
- The strongest trend for SKT is in Growth, which has been heading up over the past 26 weeks.
- SKT's current lowest rank is in the Sentiment metric (where it is better than 13.41% of US stocks).
SKT Stock Summary
- With a one year PEG ratio of 207.53, TANGER INC is expected to have a higher PEG ratio (a measure of how expensive a stock is relative to its expected earnings growth) than 85.27% of US stocks.
- The ratio of debt to operating expenses for TANGER INC is higher than it is for about 89.37% of US stocks.
- With a price/sales ratio of 6.35, TANGER INC has a higher such ratio than 83.45% of stocks in our set.
- Stocks with similar financial metrics, market capitalization, and price volatility to TANGER INC are AROC, PNM, EHC, DO, and LTH.
- Visit SKT's SEC page to see the company's official filings. To visit the company's web site, go to www.tangeroutlets.com.
SKT Valuation Summary
- SKT's EV/EBIT ratio is 29.9; this is 1.01% higher than that of the median Real Estate stock.
- Over the past 243 months, SKT's EV/EBIT ratio has gone up 10.7.
Below are key valuation metrics over time for SKT.
Stock | Date | P/S | P/B | P/E | EV/EBIT |
---|---|---|---|---|---|
SKT | 2023-12-29 | 6.4 | 6.0 | 31.2 | 29.9 |
SKT | 2023-12-28 | 6.5 | 6.0 | 31.6 | 30.2 |
SKT | 2023-12-27 | 6.5 | 6.0 | 31.5 | 30.1 |
SKT | 2023-12-26 | 6.5 | 6.0 | 31.5 | 30.2 |
SKT | 2023-12-22 | 6.5 | 6.0 | 31.5 | 30.2 |
SKT | 2023-12-21 | 6.6 | 6.1 | 31.8 | 30.4 |
SKT Growth Metrics
- Its 2 year net cashflow from operations growth rate is now at -4.32%.
- Its year over year revenue growth rate is now at 14.68%.
- Its 2 year price growth rate is now at 191%.
The table below shows SKT's growth in key financial areas (numbers in millions of US dollars).
Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
---|---|---|---|
2022-09-30 | 438.245 | 196.509 | 76.785 |
2022-06-30 | 439.264 | 215.188 | 42.93 |
2022-03-31 | 434.699 | 205.296 | 25.503 |
2021-12-31 | 426.525 | 217.718 | 9.118 |
2021-09-30 | 425.587 | 216.736 | -3.705 |
2021-06-30 | 416.335 | 242.108 | 19.903 |
SKT's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- SKT has a Quality Grade of C, ranking ahead of 58.15% of graded US stocks.
- SKT's asset turnover comes in at 0.195 -- ranking 97th of 444 Trading stocks.
- SITC, GPMT, and CBOE are the stocks whose asset turnover ratios are most correlated with SKT.
The table below shows SKT's key quality metrics over time.
Period | Asset Turnover | Gross Margin | ROIC |
---|---|---|---|
2021-09-30 | 0.195 | 0.674 | 0.015 |
2021-06-30 | 0.190 | 0.671 | 0.021 |
2021-03-31 | 0.165 | 0.647 | 0.015 |
2020-12-31 | 0.160 | 0.648 | 0.007 |
2020-09-30 | 0.163 | 0.646 | 0.004 |
2020-06-30 | 0.167 | 0.650 | 0.006 |
SKT Price Target
For more insight on analysts targets of SKT, see our SKT price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
Average Price Target | $16.14 | Average Broker Recommendation | 2.31 (Moderate Sell) |
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.
Latest SKT News From Around the Web
Below are the latest news stories about TANGER INC that investors may wish to consider to help them evaluate SKT as an investment opportunity.
Key Reasons to Add Realty Income (O) to Your Portfolio NowRealty Income's (O) focus on leasing to service, non-discretionary and low price-based retailers, accretive buyouts and balance sheet strength bode well. The steady rise in the monthly dividend is encouraging. |
JP Morgan Upgrades Six REITs To Start The WeekWith real estate investment trusts (REITs) showing strength following the Federal Reserve's recent announcement of three possible rate cuts in 2024, analysts are scurrying to update their ratings on REITs. A positive start to the week was solidified by two analysts at JP Morgan upgrading six REITs from a cross-section of REIT subsectors. All six REITs were upgraded from Neutral to Overweight. Take a look at the six REITs receiving upgrades this week. EPR Properties (NYSE:EPR) is a Kansas City, M |
CTO Realty (CTO) Sells Assets, Ups Financial Strength, Stock UpCTO Realty's (CTO) latest dispositions showcase the company's commitment to enhancing its financial position and focusing on core assets. |
Tanger Acquires Open-Air Lifestyle Center in Growth Market of Huntsville, AlabamaTanger® (NYSE: SKT), a leading operator of outlet and open-air retail shopping destinations, announced today that it has acquired Bridge Street Town Centre, an 825,000‑square-foot open-air lifestyle center in Huntsville, Alabama, one of the fastest growing markets in the country. The center comprises over 80 retail stores, restaurants, and entertainment venues and serves as the dominant shopping destination in the market. |
Is It Wise to Retain Kimco (KIM) Stock in Your Portfolio Now?A focus on grocery-anchored centers, mixed-use assets and a solid balance sheet are likely to support Kimco (KIM) despite growing e-commerce adoption, tenant bankruptcy and high-interest-rate concerns. |
SKT Price Returns
1-mo | -0.87% |
3-mo | 1.26% |
6-mo | 26.82% |
1-year | 64.43% |
3-year | 93.32% |
5-year | 87.82% |
YTD | 3.38% |
2023 | 62.06% |
2022 | -2.31% |
2021 | 101.58% |
2020 | -27.29% |
2019 | -21.33% |
SKT Dividends
Ex-Dividend Date | Type | Payout Amount | Change | ||||||
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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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