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Tanger Inc. (SKT)

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37.10 +0.23 (+0.62%)
At close: November 27 at 4:00 PM EST
37.01 -0.09 (-0.24%)
After hours: 7:41 PM EST
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DELL
  • Previous Close 36.87
  • Open 37.10
  • Bid 37.23 x 800
  • Ask 37.21 x 800
  • Day's Range 37.07 - 37.49
  • 52 Week Range 24.72 - 37.49
  • Volume 453,614
  • Avg. Volume 706,135
  • Market Cap (intraday) 4.107B
  • Beta (5Y Monthly) 1.84
  • PE Ratio (TTM) 42.64
  • EPS (TTM) 0.87
  • Earnings Date Feb 13, 2025 - Feb 17, 2025
  • Forward Dividend & Yield 1.10 (2.96%)
  • Ex-Dividend Date Oct 31, 2024
  • 1y Target Est 38.00

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.com

364

Full Time Employees

December 31

Fiscal Year Ends

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Performance Overview: SKT

Trailing total returns as of 11/27/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

SKT
38.82%
S&P 500
25.76%

1-Year Return

SKT
51.80%
S&P 500
31.57%

3-Year Return

SKT
106.80%
S&P 500
30.56%

5-Year Return

SKT
213.73%
S&P 500
91.01%

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Statistics: SKT

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Valuation Measures

Annual
As of 11/27/2024
  • Market Cap

    4.11B

  • Enterprise Value

    5.61B

  • Trailing P/E

    42.64

  • Forward P/E

    40.32

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    7.94

  • Price/Book (mrq)

    7.23

  • Enterprise Value/Revenue

    10.93

  • Enterprise Value/EBITDA

    19.12

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    18.34%

  • Return on Assets (ttm)

    4.34%

  • Return on Equity (ttm)

    18.10%

  • Revenue (ttm)

    522.82M

  • Net Income Avi to Common (ttm)

    94.87M

  • Diluted EPS (ttm)

    0.87

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    11.55M

  • Total Debt/Equity (mrq)

    255.33%

  • Levered Free Cash Flow (ttm)

    187.02M

Research Analysis: SKT

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