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

Tanger Factory Outlet Centers, Inc. (SKT): $22.82

0.44 (+1.97%)

POWR Rating

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Industry: REITs - Retail




#13 of 29

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SKT Price/Volume Stats

Current price $22.82 52-week high $25.23
Prev. close $22.38 52-week low $13.38
Day low $22.48 Volume 159,221
Day high $22.87 Avg. volume 895,883
50-day MA $23.46 Dividend yield 4.35%
200-day MA $20.45 Market Cap 2.40B

SKT Stock Price Chart Interactive Chart >


  • SKT scores best on the Quality dimension, with a Quality rank ahead of 69.4% of US stocks.
  • The strongest trend for SKT is in Growth, which has been heading up over the past 177 days.
  • SKT's current lowest rank is in the Sentiment metric (where it is better than 9.51% of US 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; just 18.63% of US stocks have a lower such ratio.
  • For SKT, its debt to operating expenses ratio is greater than that reported by 89.52% of US equities we're observing.
  • SKT's price/sales ratio is 5.3; that's higher than the P/S ratio of 81.59% of US stocks.
  • Stocks that are quantitatively similar to SKT, based on their financial statements, market capitalization, and price volatility, are RPT, ESEA, RLJ, UMH, and DBRG.
  • 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 Valuation Summary

  • In comparison to the median Real Estate stock, SKT's price/sales ratio is 24.14% higher, now standing at 5.4.
  • Over the past 243 months, SKT's price/earnings ratio has gone down 8.9.

Below are key valuation metrics over time for SKT.

Stock Date P/S P/B P/E EV/EBIT
SKT 2023-09-20 5.4 5.0 26.9 27.0
SKT 2023-09-19 5.4 5.0 27.3 27.2
SKT 2023-09-18 5.4 5.0 27.3 27.2
SKT 2023-09-15 5.5 5.1 27.7 27.5
SKT 2023-09-14 5.6 5.1 27.9 27.6
SKT 2023-09-13 5.4 5.0 27.0 27.0

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%.
SKT's revenue has moved down $40,103,000 over the prior 33 months.

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.

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 Appoints Jessica K. Norman as EVP and General Counsel

Tanger® Outlets (NYSE: SKT), a leading operator of upscale, open-air shopping centers, announced today the appointment of Jessica K. Norman as the company's Executive Vice President, General Counsel and Secretary, effective September 12, 2023. In this role, Ms. Norman will lead Tanger's legal organization, including its corporate governance and compliance functions. Ms. Norman will report to Stephen Yalof, President and Chief Executive Officer, and will sit on the executive leadership team.

Yahoo | September 11, 2023

Kimco (KIM) to Buy RPT Realty in a $2B Deal, Bolster Growth

Kimco (KIM) to acquire RPT Realty in a $2 billion all-stock deal, adding 56 open-air shopping centers to its portfolio. The move enhances its growth prospects in the key Sun Belt & Coastal markets.

Yahoo | August 29, 2023

Tanger Schedules Third Quarter 2023 Earnings Release and Conference Call

Tanger® Outlets (NYSE: SKT), a leading operator of upscale open-air outlet centers, announced today that its financial results for the quarter ending September 30, 2023 will be released on Monday, November 6, 2023 after the market close. The Company will host its conference call for analysts, investors and other interested parties on Tuesday, November 7, 2023 at 8:30 a.m. Eastern Time.

Yahoo | August 22, 2023

Solar Boom Spreads to Timberlands and Self-Storage Rooftops

The U.S. solar boom has electricity producers popping up in unusual places: self-storage buildings, Southern pinelands, even outlet malls. In the year since the bill became a law known as the Inflation Reduction Act, U.S. companies have announced plans for more than $100 billion of domestic projects, including solar installations, energy storage systems and panel factories, according to a report by the Solar Energy Industries Association and research firm Wood Mackenzie.

Yahoo | August 21, 2023

This Stock Is Up 32%, But You Can Still Expect More Gains

Tanger Factory Outlet Centers (NYSE: SKT) has survived in fine fashion amid the retail apocalypse brought on by the rise of e-commerce and then supercharged by the pandemic. The owner and operator of three dozen open-air upscale outlet centers in 20 states and Canada has seen its stock price rise by about 32% so far this year. The chart below shows how strongly Tanger stock has performed this year compared with the benchmark Vanguard S&P 500 ETF (NYSEMKT: VOO) in both price and total return.

Yahoo | August 20, 2023

Read More 'SKT' Stories Here

SKT Price Returns

1-mo -0.95%
3-mo 4.69%
6-mo 19.09%
1-year 74.81%
3-year 341.96%
5-year 33.30%
YTD 31.81%
2022 -2.31%
2021 101.58%
2020 -27.29%
2019 -21.33%
2018 -18.99%

SKT Dividends

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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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