Tanger Inc. (SKT)
- Previous Close
27.77 - Open
27.97 - Bid --
- Ask --
- Day's Range
27.52 - 28.00 - 52 Week Range
19.05 - 29.98 - Volume
470,231 - Avg. Volume
793,870 - Market Cap (intraday)
3.042B - Beta (5Y Monthly) 1.80
- PE Ratio (TTM)
30.91 - EPS (TTM)
0.90 - Earnings Date Aug 1, 2024 - Aug 5, 2024
- Forward Dividend & Yield 1.10 (3.95%)
- Ex-Dividend Date Apr 29, 2024
- 1y Target Est
29.00
Tanger Inc. (NYSE: SKT) is a leading owner and operator of outlet and open-air retail shopping destinations, with over 43 years of expertise in the retail and outlet shopping industries. Tanger's portfolio of 38 outlet centers, one adjacent managed center and one open-air lifestyle center comprises over 15 million square feet well positioned across tourist destinations and vibrant markets in 20 U.S. states and Canada. A publicly traded REIT since 1993, Tanger continues to innovate the retail experience for its shoppers with over 3,000 stores operated by more than 700 different brand name companies. Tanger is furnishing a Form 8-K with the Securities and Exchange Commission ("SEC") that includes a supplemental information package for the quarter and year ended December 31, 2023.
www.tangeroutlets.comRecent News: SKT
Performance Overview: SKT
Trailing total returns as of 5/10/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: SKT
Valuation Measures
Market Cap
3.04B
Enterprise Value
4.58B
Trailing P/E
30.91
Forward P/E
33.56
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
6.25
Price/Book (mrq)
5.47
Enterprise Value/Revenue
--
Enterprise Value/EBITDA
--
Financial Highlights
Profitability and Income Statement
Profit Margin
20.10%
Return on Assets (ttm)
4.01%
Return on Equity (ttm)
18.84%
Revenue (ttm)
487.66M
Net Income Avi to Common (ttm)
96.81M
Diluted EPS (ttm)
0.90
Balance Sheet and Cash Flow
Total Cash (mrq)
11.43M
Total Debt/Equity (mrq)
268.72%
Levered Free Cash Flow (ttm)
161.3M
Research Analysis: SKT
Company Insights: SKT
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Research Reports: SKT
What does Argus have to say about SKT?
TANGER INC has an Investment Rating of BUY; a target price of $31.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of High; and a Value Subrating of Low.
RatingPrice TargetRaising target price to $31.00
TANGER INC has an Investment Rating of BUY; a target price of $31.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of High; and a Value Subrating of Low.
RatingPrice TargetLowering target price to $29.00
TANGER INC has an Investment Rating of BUY; a target price of $29.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of High; and a Value Subrating of Low.
RatingPrice TargetWhat does Argus have to say about SKT?
TANGER INC has an Investment Rating of BUY; a target price of $31.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of High; and a Value Subrating of Low.
RatingPrice Target