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

Tanger Factory Outlet Centers, Inc. (SKT): $18.73

-0.53 (-2.75%)

POWR Rating

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Industry: REITs - Retail



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  • SKT scores best on the Growth dimension, with a Growth rank ahead of 68.18% of US stocks.
  • The strongest trend for SKT is in Growth, which has been heading down over the past 177 days.
  • SKT's current lowest rank is in the Sentiment metric (where it is better than 30.96% 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; merely 18.7% of US stocks have a lower such ratio.
  • The ratio of debt to operating expenses for TANGER FACTORY OUTLET CENTERS INC is higher than it is for about 89.44% of US stocks.
  • In terms of twelve month growth in earnings before interest and taxes, TANGER FACTORY OUTLET CENTERS INC is reporting a growth rate of 134.72%; that's higher than 89.09% of US stocks.
  • Stocks that are quantitatively similar to SKT, based on their financial statements, market capitalization, and price volatility, are ADV, REI, VAL, EHC, and SLCA.
  • 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 266.67% higher, now standing at 4.4.
  • Over the past 243 months, SKT's price/earnings ratio has gone down 12.4.

Below are key valuation metrics over time for SKT.

Stock Date P/S P/B P/E EV/EBIT
SKT 2023-01-20 4.4 3.9 24.9 26.0
SKT 2023-01-19 4.3 3.8 24.3 25.6
SKT 2023-01-18 4.3 3.8 24.6 25.8
SKT 2023-01-17 4.4 3.9 25.0 26.1
SKT 2023-01-13 4.4 3.9 25.1 26.1
SKT 2023-01-12 4.4 3.9 25.2 26.2

SKT Growth Metrics

    The 3 year revenue growth rate now stands at -12.06%.
  • Its year over year revenue growth rate is now at 14.68%.
  • Its 2 year net cashflow from operations growth rate is now at -4.32%.
Over the past 33 months, SKT's revenue has gone down $40,103,000.

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)

SKT Stock Price Chart Interactive Chart >

Price chart for SKT

SKT Price/Volume Stats

Current price $18.73 52-week high $19.91
Prev. close $19.26 52-week low $13.26
Day low $18.51 Volume 281,735
Day high $18.87 Avg. volume 685,798
50-day MA $18.63 Dividend yield 4.57%
200-day MA $16.82 Market Cap 1.95B

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.

Is It Wise to Retain Simon Property (SPG) Stock Right Now?

A portfolio of premium assets, a focus on omnichannel retailing and strategic buyouts bode well for Simon Property (SPG). However, higher e-commerce adoption and interest rate hikes are worrisome.

Yahoo | January 25, 2023

Tanger Factory Outlet Centers, Inc. 2022 Tax Reporting Information - Distribution (Form 1099)

Tanger Factory Outlet Centers, Inc. (NYSE:SKT) announced today that its 2022 dividend distributions should be treated as follows for income tax purposes.

Yahoo | January 20, 2023

Tanger Declares Dividend Payable February 15, 2023

GREENSBORO, N.C. , Jan. 19, 2023 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (NYSE: SKT ) , a leading operator of upscale open-air outlet centers, announced today that its Board of Directors declared a quarterly cash dividend of $0.22 per share, payable on February 15, 2023 to common shareholders of record on January 31, 2023 . Full story available on Benzinga.com

Benzinga | January 19, 2023

Tanger Factory declares $0.22 dividend

Tanger Factory (NYSE:SKT) declares $0.22/share quarterly dividend, in line with previous.Forward yield 4.92%Payable Feb. 15; for shareholders of record Jan. 31; ex-div Jan.

Seeking Alpha | January 19, 2023

Why Is Tanger Factory Outlet''s Dividend Yield So High?

Rising interest rates won''t ding this retail REIT enough to affect the dividend.

The Motley Fool | January 18, 2023

Read More 'SKT' Stories Here

SKT Price Returns

1-mo 5.61%
3-mo 2.25%
6-mo 20.15%
1-year 18.28%
3-year 48.79%
5-year 0.10%
YTD 5.61%
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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