Tanger Factory Outlet Stock Today

SKT Stock  USD 36.97  0.13  0.35%   

Performance

24 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 21

 
High
 
Low
Low
Tanger Factory is selling for under 36.97 as of the 1st of December 2024; that is 0.35 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 36.92. Tanger Factory has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat solid performance during the last 90 days. Equity ratings for Tanger Factory Outlet are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of September 2024 and ending today, the 1st of December 2024. Click here to learn more.
Business Domain
Equity Real Estate Investment Trusts (REITs)
IPO Date
27th of May 1993
Category
Real Estate
is a leading operator of open-air upscale outlet shopping centers that owns, or has an ownership interest in, a portfolio of 38 centers. Tanger is furnishing a Form 8-K with the Securities and Exchange Commission that includes a supplemental information package for the quarter ended September 30, 2020. The company has 110.69 M outstanding shares of which 3.27 M shares are at this time shorted by investors with about 4.57 days to cover. More on Tanger Factory Outlet

Moving against Tanger Stock

  0.84HPP Hudson Pacific PropertiesPairCorr
  0.84STAG STAG IndustrialPairCorr
  0.67NNN National Retail PropPairCorr
  0.67WPC W P CareyPairCorr
  0.66O Realty IncomePairCorr
  0.62UHT Universal Health RealtyPairCorr

Tanger Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOSteven Tanger
Old NameSkotan S.A.
Business ConcentrationRetail REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, NYSE Composite, SP Small-Cap 600, Real Estate, Retail REITs, REIT—Retail, Real Estate (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.220.1998
Significantly Up
Slightly volatile
Gross Profit Margin0.740.6866
Significantly Up
Pretty Stable
Net Debt972.3 M1.5 B
Way Down
Slightly volatile
Total Current Liabilities138.3 M129.4 M
Notably Up
Very volatile
Non Current Liabilities Total951.6 M1.6 B
Way Down
Slightly volatile
Total Assets1.4 B2.3 B
Way Down
Slightly volatile
Total Current Assets20.9 M22 M
Notably Down
Slightly volatile
Total Cash From Operating Activities134.2 M229.6 M
Way Down
Slightly volatile
Debt Levels
Tanger Factory can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Tanger Factory's financial leverage. It provides some insight into what part of Tanger Factory's total assets is financed by creditors.
Liquidity
Tanger Factory Outlet has 1.53 B in debt with debt to equity (D/E) ratio of 2.9, meaning that the company heavily relies on borrowing funds for operations. Tanger Factory Outlet has a current ratio of 3.71, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Tanger to invest in growth at high rates of return.

Dividends Paid

65.71 Million
Tanger Factory Outlet (SKT) is traded on New York Stock Exchange in USA. It is located in 3200 Northline Avenue, Greensboro, NC, United States, 27408-7612 and employs 364 people. Tanger Factory is listed under Retail REITs category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 4.11 B. Tanger Factory Outlet runs under Retail REITs sector within Real Estate industry. The entity has 110.69 M outstanding shares of which 3.27 M shares are at this time shorted by investors with about 4.57 days to cover. Tanger Factory Outlet has about 212.12 M in cash with 229.61 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.98.
Check Tanger Factory Probability Of Bankruptcy
Ownership Allocation
Tanger Factory Outlet shows a total of 110.69 Million outstanding shares. The majority of Tanger Factory Outlet outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Tanger Factory to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Tanger Factory Outlet. Please pay attention to any change in the institutional holdings of Tanger Factory Outlet as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Tanger Ownership Details

Tanger Stock Institutional Holders

InstituionRecorded OnShares
Bank Of New York Mellon Corp2024-06-30
1.1 M
Grs Advisors, Llc2024-09-30
1.1 M
Land & Buildings Investment Mgmt, Llc2024-06-30
M
Nuveen Asset Management, Llc2024-06-30
M
Legal & General Group Plc2024-06-30
964.4 K
Amvescap Plc.2024-06-30
845.8 K
Ubs Asset Mgmt Americas Inc2024-09-30
775.4 K
Renaissance Technologies Corp2024-09-30
774.4 K
Norges Bank2024-06-30
770.5 K
Blackrock Inc2024-06-30
20.9 M
Vanguard Group Inc2024-09-30
17.3 M
View Tanger Factory Diagnostics

Tanger Factory Historical Income Statement

At this time, Tanger Factory's Selling General Administrative is comparatively stable compared to the past year. Operating Income is likely to gain to about 262.7 M in 2024, whereas Total Revenue is likely to drop slightly above 289.5 M in 2024. View More Fundamentals

Tanger Stock Against Markets

Tanger Factory Corporate Directors

Sandeep MathraniIndependent DirectorProfile
Jeffrey CitrinIndependent DirectorProfile
Thomas ReddinIndependent DirectorProfile
Luis UbinasIndependent DirectorProfile

Additional Tools for Tanger Stock Analysis

When running Tanger Factory's price analysis, check to measure Tanger Factory's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tanger Factory is operating at the current time. Most of Tanger Factory's value examination focuses on studying past and present price action to predict the probability of Tanger Factory's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tanger Factory's price. Additionally, you may evaluate how the addition of Tanger Factory to your portfolios can decrease your overall portfolio volatility.