Home » Stocks » SKT

Tanger Factory Outlet Centers, Inc. (SKT)

Stock Price: $10.07 USD 0.11 (1.05%)
Updated December 3, 3:23 PM EST - Market open

Stock Price Chart

Key Info

Market Cap 940.61M
Revenue (ttm) 399.33M
Net Income (ttm) -48.29M
Shares Out 93.47M
EPS (ttm) -0.53
PE Ratio n/a
Forward PE 99.01
Dividend $1.43
Dividend Yield 14.21%

Stock Quote

Trading Day December 3
Last Price $10.07
Previous Close $9.96
Change ($) 0.11
Change (%) 1.05%
Day's Open 10.02
Day's Range 9.94 - 10.45
Day's Volume 1,822,468
52-Week Range 4.05 - 15.36

More Stats

Market Cap 940.61M
Enterprise Value 2.58B
Earnings Date (est) n/a
Ex-Dividend Date n/a
Shares Outstanding 93.47M
Float n/a
EPS (basic) -0.54
EPS (diluted) -0.53
FCF / Share 1.24
Dividend $1.43
Dividend Yield 14.21%
Earnings Yield n/a
FCF Yield 12.31%
Payout Ratio n/a
Shares Short 40.42M
Short Ratio 16.20
Short % of Float n/a
Beta 2.01
PE Ratio n/a
Forward PE 99.01
P/FCF Ratio 8.12
PS Ratio 2.36
PB Ratio 2.79
Revenue 399.33M
Operating Income 8.09M
Net Income -48.29M
Free Cash Flow 115.82M
Net Cash -1.64B
Net Cash / Share -17.54
Gross Margin 87.92%
Operating Margin 2.03%
Profit Margin -12.10%
FCF Margin 29.00%
ROA 2.64%
ROE -11.96%
ROIC 0.40%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (8)

Buy 0
Overweight 0
Hold 4
Underweight 1
Sell 3

Analyst Consensus: Hold

Price Target

$7.14*
(-29.06% downside)
Low
6.00
Current: $10.07
High
8.00
Target: 7.14
*Average 12-month price target from 7 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue478495488466439419385357315276
Revenue Growth-3.3%1.32%4.81%6.02%4.97%8.77%7.79%13.25%14.09%-
Gross Profit321334333314293281264246215183
Operating Income10610916115114413212811097.9479.63
Net Income87.8643.6668.0019421174.0110853.2344.6434.25
Shares Outstanding92.8993.9194.5396.0795.8595.9094.4893.9186.6980.97
Earnings Per Share0.930.450.712.012.200.771.130.570.520.32
EPS Growth106.67%-36.62%-64.68%-8.64%185.71%-31.86%98.25%9.62%62.5%-
Dividend Per Share1.421.391.351.261.310.950.900.830.790.78
Dividend Growth1.58%2.88%7.46%-3.45%37.37%5.56%8.43%5.06%1.94%-
Operating Cash Flow220258253239221189187166136119
Capital Expenditures-49.04-65.58-175-172-240-147-55.20-41.28-327-77.49
Free Cash Flow17119378.0267.75-18.7941.82132124-19141.01
Cash & Equivalents16.679.086.1012.2214316.8815.2410.347.895.76
Total Debt1,6611,7131,7641,6881,5531,4441,3351,1001,032715
Net Cash / Debt-1,644-1,704-1,758-1,676-1,410-1,427-1,320-1,090-1,024-709
Assets2,2852,3852,5402,5262,3152,0982,0061,6791,6221,217
Liabilities1,8291,8791,9281,8211,7091,5741,4491,1651,093795
Book Value433480582670575497522483461367
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Tanger Factory Outlet Centers, Inc.
Country United States
Employees 285
CEO Stephen Yalof

Stock Information

Ticker Symbol SKT
Stock Exchange NYSE
Sector Real Estate
Industry REIT-Retail
Unique Identifier NYSE: SKT
IPO Date May 27, 1993

Description

Tanger Factory Outlet Centers (NYSE: SKT) 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's operating properties are located in 20 states and in Canada, totaling approximately 14.1 million square feet, leased to over 2,700 stores operated by more than 500 different brand name companies. The Company has more than 39 years of experience in the outlet industry and is a publicly-traded REIT. Tanger is furnishing a Form 8-K with the Securities and Exchange Commission (SEC) that includes a supplemental information package for the quarter ended September 30, 2020.