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
DCF Fair Value Target:
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 Flow
Return 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.
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...
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
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…
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.