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Tanger Inc. (SKT)

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31.76 -0.07 (-0.22%)
At close: September 16 at 4:00 PM EDT
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DELL
  • Previous Close 31.83
  • Open 31.95
  • Bid --
  • Ask --
  • Day's Range 31.67 - 32.00
  • 52 Week Range 21.42 - 32.05
  • Volume 394,271
  • Avg. Volume 755,487
  • Market Cap (intraday) 3.473B
  • Beta (5Y Monthly) 1.84
  • PE Ratio (TTM) 35.29
  • EPS (TTM) 0.90
  • Earnings Date Nov 6, 2024
  • Forward Dividend & Yield 1.10 (3.46%)
  • Ex-Dividend Date Jul 31, 2024
  • 1y Target Est 31.50

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.com

364

Full Time Employees

December 31

Fiscal Year Ends

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Performance Overview: SKT

Trailing total returns as of 9/16/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

SKT
17.88%
S&P 500
18.10%

1-Year Return

SKT
40.43%
S&P 500
26.58%

3-Year Return

SKT
109.40%
S&P 500
25.72%

5-Year Return

SKT
150.10%
S&P 500
87.31%

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Statistics: SKT

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Valuation Measures

Annual
As of 9/16/2024
  • Market Cap

    3.47B

  • Enterprise Value

    5.01B

  • Trailing P/E

    35.29

  • Forward P/E

    33.44

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    6.95

  • Price/Book (mrq)

    6.27

  • Enterprise Value/Revenue

    10.07

  • Enterprise Value/EBITDA

    17.74

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    19.45%

  • Return on Assets (ttm)

    4.25%

  • Return on Equity (ttm)

    18.97%

  • Revenue (ttm)

    507.24M

  • Net Income Avi to Common (ttm)

    97.47M

  • Diluted EPS (ttm)

    0.90

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    12.63M

  • Total Debt/Equity (mrq)

    267.59%

  • Levered Free Cash Flow (ttm)

    161.83M

Research Analysis: SKT

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