Tanger Statistics
Total Valuation
Tanger has a market cap or net worth of $3.96 billion. The enterprise value is $5.46 billion.
Important Dates
The next estimated earnings date is Thursday, February 13, 2025, after market close.
| Earnings Date | Feb 13, 2025 |
| Ex-Dividend Date | Oct 31, 2024 |
Share Statistics
Tanger has 115.40 million shares outstanding. The number of shares has increased by 3.09% in one year.
| Current Share Class | 110.69M |
| Shares Outstanding | 115.40M |
| Shares Change (YoY) | +3.09% |
| Shares Change (QoQ) | +0.46% |
| Owned by Insiders (%) | 2.12% |
| Owned by Institutions (%) | 87.55% |
| Float | 108.30M |
Valuation Ratios
The trailing PE ratio is 39.46 and the forward PE ratio is 39.89. Tanger's PEG ratio is 6.83.
| Price/FFO Ratio | 16.35 |
| Price/AFFO Ratio | n/a |
| PE Ratio | 39.46 |
| Forward PE | 39.89 |
| PS Ratio | 7.09 |
| Forward PS | 7.67 |
| PB Ratio | 6.66 |
| P/TBV Ratio | 8.07 |
| P/FCF Ratio | 16.07 |
| P/OCF Ratio | 16.07 |
| PEG Ratio | 6.83 |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 19.32, with an EV/FCF ratio of 22.17.
| EV / Earnings | 57.60 |
| EV / Sales | 10.45 |
| EV / EBITDA | 19.32 |
| EV / EBIT | 35.13 |
| EV / FCF | 22.17 |
Financial Position
The company has a current ratio of 1.37, with a Debt / Equity ratio of 2.55.
| Current Ratio | 1.37 |
| Quick Ratio | 0.69 |
| Debt / Equity | 2.55 |
| Debt / EBITDA | 5.22 |
| Debt / FCF | 6.14 |
| Interest Coverage | 2.71 |
Financial Efficiency
Return on equity (ROE) is 18.10% and return on invested capital (ROIC) is 4.71%.
| Return on Equity (ROE) | 18.10% |
| Return on Assets (ROA) | 4.34% |
| Return on Capital (ROIC) | 4.71% |
| Revenue Per Employee | $1.28M |
| Profits Per Employee | $233,093 |
| 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 +21.34% 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 | +21.34% |
| 50-Day Moving Average | 35.19 |
| 200-Day Moving Average | 30.30 |
| Relative Strength Index (RSI) | 31.18 |
| Average Volume (20 Days) | 752,457 |
Short Selling Information
The latest short interest is 3.25 million, so 2.82% of the outstanding shares have been sold short.
| Short Interest | 3.25M |
| Short Previous Month | 3.84M |
| Short % of Shares Out | 2.82% |
| Short % of Float | 3.00% |
| Short Ratio (days to cover) | 4.10 |
Income Statement
In the last 12 months, Tanger had revenue of $522.82 million and earned $94.87 million in profits. Earnings per share was $0.87.
| Revenue | 522.82M |
| Gross Profit | 388.15M |
| Operating Income | 155.57M |
| Pretax Income | 98.66M |
| Net Income | 94.87M |
| EBITDA | 282.90M |
| EBIT | 155.57M |
| Earnings Per Share (EPS) | $0.87 |
Full Income StatementBalance Sheet
The company has $11.55 million in cash and $1.51 billion in debt, giving a net cash position of -$1.50 billion or -$13.01 per share.
| Cash & Cash Equivalents | 11.55M |
| Total Debt | 1.51B |
| Net Cash | -1.50B |
| Net Cash Per Share | -$13.01 |
| Equity (Book Value) | 592.63M |
| Book Value Per Share | 5.16 |
| Working Capital | 32.30M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $246.53 million and capital expenditures -$10.42 million, giving a free cash flow of $246.53 million.
| Operating Cash Flow | 246.53M |
| Capital Expenditures | -10.42M |
| Free Cash Flow | 246.53M |
| FCF Per Share | $2.14 |
Full Cash Flow StatementMargins
Gross margin is 74.24%, with operating and profit margins of 29.76% and 18.34%.
| Gross Margin | 74.24% |
| Operating Margin | 29.76% |
| Pretax Margin | 19.13% |
| Profit Margin | 18.34% |
| EBITDA Margin | 54.11% |
| EBIT Margin | 29.76% |
| FCF Margin | 47.15% |
Dividends & Yields
This stock pays an annual dividend of $1.10, which amounts to a dividend yield of 3.20%.
| Dividend Per Share | $1.10 |
| Dividend Yield | 3.20% |
| Dividend Growth (YoY) | 11.86% |
| Years of Dividend Growth | 3 |
| Payout Ratio | 126.42% |
| Buyback Yield | -3.09% |
| Shareholder Yield | 0.11% |
| Earnings Yield | 2.39% |
| FCF Yield | 6.22% |
Dividend DetailsAnalyst Forecast
The average price target for Tanger is $35.00, which is 1.92% higher than the current price. The consensus rating is "Buy".
| Price Target | $35.00 |
| Price Target Difference | 1.92% |
| Analyst Consensus | Buy |
| Analyst Count | 8 |
| 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 | 5 |