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

Tanger Factory Outlet Centers, Inc. (SKT): $28.39

0.07 (+0.25%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

C

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Industry: REITs - Retail

Industry

F

Ranked

#17 of 29

in industry

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%.
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.


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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 Now

Realty 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.

Yahoo | December 22, 2023

JP Morgan Upgrades Six REITs To Start The Week

With 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

Yahoo | December 19, 2023

CTO Realty (CTO) Sells Assets, Ups Financial Strength, Stock Up

CTO Realty's (CTO) latest dispositions showcase the company's commitment to enhancing its financial position and focusing on core assets.

Yahoo | December 6, 2023

Tanger Acquires Open-Air Lifestyle Center in Growth Market of Huntsville, Alabama

Tanger® (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.

Yahoo | November 30, 2023

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.

Yahoo | November 30, 2023

Read More 'SKT' Stories Here

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

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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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