Tanger Statistics
Total Valuation
Tanger has a market cap or net worth of $4.21 billion. The enterprise value is $5.67 billion.
Important Dates
The last earnings date was Wednesday, February 19, 2025, after market close.
| Earnings Date | Feb 19, 2025 |
| Ex-Dividend Date | Jan 31, 2025 |
Share Statistics
Tanger has 117.45 million shares outstanding. The number of shares has increased by 4.27% in one year.
| Current Share Class | 112.74M |
| Shares Outstanding | 117.45M |
| Shares Change (YoY) | +4.27% |
| Shares Change (QoQ) | +2.06% |
| Owned by Insiders (%) | 2.08% |
| Owned by Institutions (%) | 86.62% |
| Float | 110.35M |
Valuation Ratios
The trailing PE ratio is 40.69 and the forward PE ratio is 38.23. Tanger's PEG ratio is 7.90.
| Price/FFO Ratio | 16.89 |
| Price/AFFO Ratio | n/a |
| PE Ratio | 40.69 |
| Forward PE | 38.23 |
| PS Ratio | 7.28 |
| Forward PS | 8.07 |
| PB Ratio | 5.97 |
| P/TBV Ratio | 7.41 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | 7.90 |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 58.02 |
| EV / Sales | 10.55 |
| EV / EBITDA | 18.77 |
| EV / EBIT | 34.67 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.62, with a Debt / Equity ratio of 2.22.
| Current Ratio | 1.62 |
| Quick Ratio | 0.44 |
| Debt / Equity | 2.22 |
| Debt / EBITDA | 4.88 |
| Debt / FCF | n/a |
| Interest Coverage | 2.70 |
Financial Efficiency
Return on equity (ROE) is 16.17% and return on invested capital (ROIC) is 4.74%.
| Return on Equity (ROE) | 16.17% |
| Return on Assets (ROA) | 4.34% |
| Return on Invested Capital (ROIC) | 4.74% |
| Return on Capital Employed (ROCE) | 7.19% |
| Revenue Per Employee | $1.32M |
| Profits Per Employee | $239,988 |
| Employee Count | 407 |
| Asset Turnover | 0.23 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | n/a |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +24.25% in the last 52 weeks. The beta is 1.86, so Tanger's price volatility has been higher than the market average.
| Beta (5Y) | 1.86 |
| 52-Week Price Change | +24.25% |
| 50-Day Moving Average | 33.97 |
| 200-Day Moving Average | 31.40 |
| Relative Strength Index (RSI) | 65.89 |
| Average Volume (20 Days) | 757,696 |
Short Selling Information
The latest short interest is 4.81 million, so 4.09% of the outstanding shares have been sold short.
| Short Interest | 4.81M |
| Short Previous Month | 4.62M |
| Short % of Shares Out | 4.09% |
| Short % of Float | 4.36% |
| Short Ratio (days to cover) | 7.55 |
Income Statement
In the last 12 months, Tanger had revenue of $537.35 million and earned $97.68 million in profits. Earnings per share was $0.88.
| Revenue | 537.35M |
| Gross Profit | 378.62M |
| Operating Income | 163.47M |
| Pretax Income | 98.66M |
| Net Income | 97.68M |
| EBITDA | 301.87M |
| EBIT | 163.47M |
| Earnings Per Share (EPS) | $0.88 |
Full Income StatementBalance Sheet
The company has $46.99 million in cash and $1.51 billion in debt, giving a net cash position of -$1.46 billion or -$12.44 per share.
| Cash & Cash Equivalents | 46.99M |
| Total Debt | 1.51B |
| Net Cash | -1.46B |
| Net Cash Per Share | -$12.44 |
| Equity (Book Value) | 679.67M |
| Book Value Per Share | 6.00 |
| Working Capital | 66.59M |
Full Balance SheetCash Flow
| Operating Cash Flow | n/a |
| Capital Expenditures | n/a |
| Free Cash Flow | n/a |
| FCF Per Share | n/a |
Full Cash Flow StatementMargins
Gross margin is 70.46%, with operating and profit margins of 30.42% and 18.35%.
| Gross Margin | 70.46% |
| Operating Margin | 30.42% |
| Pretax Margin | 19.12% |
| Profit Margin | 18.35% |
| EBITDA Margin | 56.18% |
| EBIT Margin | 30.42% |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of $1.10, which amounts to a dividend yield of 3.07%.
| Dividend Per Share | $1.10 |
| Dividend Yield | 3.07% |
| Dividend Growth (YoY) | 8.91% |
| Years of Dividend Growth | 4 |
| Payout Ratio | 125.00% |
| Buyback Yield | -4.27% |
| Shareholder Yield | -1.20% |
| Earnings Yield | 2.32% |
| FCF Yield | n/a |
Dividend DetailsAnalyst Forecast
The average price target for Tanger is $35.11, which is -1.95% lower than the current price. The consensus rating is "Buy".
| Price Target | $35.11 |
| Price Target Difference | -1.95% |
| Analyst Consensus | Buy |
| Analyst Count | 9 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock Splits
The last stock split was on January 25, 2011. It was a forward split with a ratio of 2:1.
| Last Split Date | Jan 25, 2011 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 4 |