Skip to main content

Tanger Factory Outlet Centers, Inc. (SKT)

NYSE: SKT · IEX Real-Time Price · USD
17.41 -0.10 (-0.57%)
Oct 25, 2021 4:00 PM EDT - Market closed
Market Cap1.81B
Revenue (ttm)416.34M
Net Income (ttm)19.90M
Shares Out100.80M
EPS (ttm)0.20
PE Ratio88.38
Forward PE31.25
Dividend$0.72 (4.11%)
Ex-Dividend DateOct 28, 2021
Volume784,849
Open17.47
Previous Close17.51
Day's Range17.21 - 17.53
52-Week Range5.83 - 21.96
Beta1.91
AnalystsSell
Price Target16.29 (-6.4%)
Est. Earnings DateNov 1, 2021

About SKT

Tanger Factory Outlet Centers, Inc. (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 E...

IndustryEquity Real Estate Investment Trusts (REITs)
IPO DateMay 27, 1993
CEOStephen Yalof
Employees262
Stock ExchangeNYSE
Ticker SymbolSKT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for SKT stock is "Sell." The 12-month stock price forecast is 16.29, which is a decrease of -6.43% from the latest price.

Price Target
$16.29
(-6.43% downside)
Analyst Consensus: Sell

News

Here's Why This High-Yield Dividend Stock Might Roughly Double Its Payout Soon

Results for this company are still recovering. But as a real estate investment trust, it's required to pay this dividend out once its results do fully recover.

2 weeks ago - The Motley Fool

Tanger Outlets Continues the Fight Against Breast Cancer with Tanger Pink 2021

GREENSBORO, N.C., Oct. 1, 2021 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (NYSE: SKT) continues its commitment to end breast cancer with the return of its signature Tanger Pink campaign.

3 weeks ago - PRNewsWire

TANGER Increases Dividend Payable November 15, 2021

GREENSBORO, N.C., Sept. 16, 2021 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (NYSE:SKT), a leading operator of upscale open-air outlet centers, announced today that its Board of Directors approv...

1 month ago - PRNewsWire

Tanger Factory Outlet Centers, Inc. To Present At BofA Securities 2021 Global Real Estate Conference

GREENSBORO, N.C., Sept. 14, 2021 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (NYSE: SKT) announced today that it will participate in the BofA Securities 2021 Global Real Estate Conference on Sep...

1 month ago - PRNewsWire

Tanger Outlet Centers Schedules Third Quarter 2021 Earnings Release and Conference Call

GREENSBORO, N.C. , Aug. 31, 2021 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (NYSE: SKT), a leading operator of upscale open-air outlet centers, announced today that its financial results for th...

1 month ago - PRNewsWire

Tanger Outlets Releases Latest Environmental, Social and Governance Report

GREENSBORO, N.C. , Aug. 31, 2021 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (NYSE: SKT), a leader in the outlet industry, announced today the release of its fifth annual Environmental, Social a...

1 month ago - PRNewsWire

Here's How Tanger Outlets Will Win the Fight Against E-Commerce

The outlet REIT's business has rebounded quite well, but could still have more improvement ahead.

Other symbols:CAKEGPSSPG
1 month ago - The Motley Fool

1 Real Estate Stock That Looks Like a Steal Right Now

This company's numbers are heading in the right direction and its valuation is very cheap.

1 month ago - The Motley Fool

7 High Short Ratio Stocks to Watch for a Breakout

Investors usually avoid high short ratio stocks. However, Reddit has flipped the script, and a high short percentage is now a silver lining.

Other symbols:AMCBLNKGEOPLCEWKHS
1 month ago - InvestorPlace

Is Tanger Factory (SKT) a Suitable Value Investor Stock?

Let's see if Tanger Factory (SKT) stock is a good choice for value-oriented investors right now from multiple angles.

2 months ago - Zacks Investment Research

2 Great Income Stocks That Could Double Their Dividends

Camping World doubled its yield overnight. Let's look at two other companies that should double their payouts over time.

Other symbols:NTES
2 months ago - The Motley Fool

Tanger Outlets Appoints Virginie Julie Schena SVP, People and Culture

GREENSBORO, N.C., Aug. 19, 2021 /PRNewswire/ -- Tanger Factory Outlet Centers (NYSE: SKT), a leader in the outlet industry, today announced the appointment of Virginie Julie Schena as SVP, People and Cu...

2 months ago - PRNewsWire

Tanger Outlets Celebrates 40 Years of Style and Savings

GREENSBORO, N.C., Aug. 18, 2021 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (NYSE: SKT) commemorates its 40th anniversary with a four-decade retrospective of style and savings while highlighting...

2 months ago - PRNewsWire

Tanger Closes on $400 Million 2.75% Senior Notes Due 2031

GREENSBORO, N.C., Aug. 10, 2021 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (NYSE: SKT), a leading operator of upscale open-air outlet centers, announced today that its operating partnership, Ta...

2 months ago - PRNewsWire

7 REITs I Own and Never Plan to Sell

Here are my seven largest real estate investment trust positions and why I value them so highly.

Other symbols:COSTDLTRESRTOPEAKWBA
2 months ago - The Motley Fool

Tanger Prices $400 Million 2.75% Senior Notes Due 2031

GREENSBORO, N.C., Aug. 5, 2021 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (NYSE: SKT), a leading operator of upscale open-air outlet centers, announced today that its operating partnership, Tan...

2 months ago - PRNewsWire

Tanger Factory Outlet (SKT) Beats Q2 FFO and Revenue Estimates

Tanger (SKT) delivered FFO and revenue surprises of 104.76% and 2.13%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Tanger Reports Second Quarter Results

GREENSBORO, N.C., Aug. 3, 2021 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (NYSE:SKT), a leading owner and operator of upscale open-air outlet centers, today reported financial results for the t...

2 months ago - PRNewsWire

Tanger Announces the Amendment & Extension of its $520 Million Unsecured Lines of Credit to July 2025

GREENSBORO, N.C., July 14, 2021 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (NYSE:SKT), a leading operator of upscale open-air outlet centers, today announced that its operating partnership, Tan...

3 months ago - PRNewsWire

Tanger Declares Dividend Payable August 13, 2021

GREENSBORO, N.C., July 12, 2021 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (NYSE:SKT), a leading operator of upscale open-air outlet centers, announced today that its Board of Directors declare...

3 months ago - PRNewsWire

7 Short-Squeeze Stocks To Buy In July For Contrarian Investors

These shares are among the stocks with the most short sell positions The post 7 Short-Squeeze Stocks To Buy In July For Contrarian Investors appeared first on InvestorPlace. More From InvestorPlace Stoc...

Other symbols:CARVCLNNGDRXIRBTUPST
3 months ago - InvestorPlace

This Basket of Stocks Is Up 85% in 1 Year -- but Could Still Be a Bargain

Long-term investors could find tremendous value in this sector.

Other symbols:EPROSPGSRG
3 months ago - The Motley Fool

Retail REITs Are Up 32% This Year -- Could They Climb Even Further?

Is the reopening all priced in, or is there more upside ahead?

Other symbols:EPROPFESPGSRG
3 months ago - The Motley Fool

Forget AT&T: Here Are 3 Better Dividend Stocks

A dividend cut is coming for Ma Bell. Let's see which dividend stocks are moving in the right direction.

Other symbols:TGTVZ
3 months ago - The Motley Fool

Here's 1 of My Favorite Stocks for the Economic Reopening in 2021

As the U.S. gets back to normal life, this retail stock could be a big winner.

3 months ago - The Motley Fool