Tanger Factory Outlet Centers, Inc. (SKT)
Total Valuation
SKT has a market cap or net worth of $3.22 billion. The enterprise value is $4.73 billion.
Market Cap | 3.22B |
Enterprise Value | 4.73B |
Important Dates
The next confirmed earnings date is Tuesday, April 30, 2024, after market close.
Earnings Date | Apr 30, 2024 |
Ex-Dividend Date | Jan 30, 2024 |
Share Statistics
SKT has 108.92 million shares outstanding. The number of shares has increased by 0.96% in one year.
Shares Outstanding | 108.92M |
Shares Change (YoY) | +0.96% |
Shares Change (QoQ) | +0.16% |
Owned by Insiders (%) | 2.66% |
Owned by Institutions (%) | 87.90% |
Float | 106.07M |
Valuation Ratios
The trailing PE ratio is 32.10 and the forward PE ratio is 37.64. SKT's PEG ratio is 3.65.
PE Ratio | 32.10 |
Forward PE | 37.64 |
PS Ratio | 6.93 |
Forward PS | 6.37 |
PB Ratio | 5.68 |
P/FCF Ratio | n/a |
PEG Ratio | 3.65 |
Enterprise Valuation
EV / Earnings | 47.72 |
EV / Sales | 10.19 |
EV / EBITDA | 18.48 |
EV / EBIT | 32.17 |
EV / FCF | n/a |
Financial Position
Current Ratio | n/a |
Quick Ratio | n/a |
Debt / Equity | 2.69 |
Debt / EBITDA | 5.96 |
Debt / FCF | n/a |
Interest Coverage | 3.07 |
Financial Efficiency
Return on equity (ROE) is 19.60% and return on invested capital (ROIC) is 6.40%.
Return on Equity (ROE) | 19.60% |
Return on Assets (ROA) | 4.50% |
Return on Capital (ROIC) | 6.40% |
Revenue Per Employee | $1.14M |
Profits Per Employee | $243,614 |
Employee Count | 407 |
Asset Turnover | 0.21 |
Inventory Turnover | n/a |
Taxes
Income Tax | n/a |
Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +55.75% in the last 52 weeks. The beta is 1.78, so SKT's price volatility has been higher than the market average.
Beta (1Y) | 1.78 |
52-Week Price Change | +55.75% |
50-Day Moving Average | 28.18 |
200-Day Moving Average | 25.11 |
Relative Strength Index (RSI) | 61.06 |
Average Volume (30 Days) | 774,675 |
Short Selling Information
The latest short interest is 4.17 million, so 3.83% of the outstanding shares have been sold short.
Short Interest | 4.17M |
Short Previous Month | 3.97M |
Short % of Shares Out | 3.83% |
Short % of Float | 3.93% |
Short Ratio (days to cover) | 4.55 |
Income Statement
In the last 12 months, SKT had revenue of $464.41 million and earned $99.15 million in profits. Earnings per share was $0.92.
Revenue | 464.41M |
Gross Profit | 318.86M |
Operating Income | 133.84M |
Pretax Income | 99.15M |
Net Income | 99.15M |
EBITDA | 255.97M |
EBIT | 147.08M |
Earnings Per Share (EPS) | $0.92 |
Balance Sheet
The company has $12.78 million in cash and $1.53 billion in debt, giving a net cash position of -$1.51 billion or -$13.89 per share.
Cash & Cash Equivalents | 12.78M |
Total Debt | 1.53B |
Net Cash | -1.51B |
Net Cash Per Share | -$13.89 |
Equity / Book Value | 566.79M |
Book Value Per Share | 5.20 |
Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $229.61 million and capital expenditures -$458.66 million, giving a free cash flow of -$229.05 million.
Operating Cash Flow | 229.61M |
Capital Expenditures | -458.66M |
Free Cash Flow | -229.05M |
FCF Per Share | -$2.17 |
Margins
Gross margin is 68.66%, with operating and profit margins of 28.82% and 21.35%.
Gross Margin | 68.66% |
Operating Margin | 28.82% |
Pretax Margin | 21.35% |
Profit Margin | 21.35% |
EBITDA Margin | 55.12% |
EBIT Margin | 31.67% |
FCF Margin | -49.32% |
Dividends & Yields
This stock pays an annual dividend of $1.04, which amounts to a dividend yield of 3.52%.
Dividend Per Share | $1.04 |
Dividend Yield | 3.52% |
Dividend Growth (YoY) | 20.24% |
Years of Dividend Growth | 3 |
Payout Ratio | 113.04% |
Buyback Yield | -0.96% |
Shareholder Yield | 2.56% |
Earnings Yield | 3.08% |
FCF Yield | -7.12% |
Analyst Forecast
The average price target for SKT is $26.71, which is -9.55% lower than the current price. The consensus rating is "Hold".
Price Target | $26.71 |
Price Target Difference | -9.55% |
Analyst Consensus | Hold |
Analyst Count | 7 |
Revenue Growth Forecast (5Y) | n/a |
EPS Growth Forecast (5Y) | n/a |
Stock 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 | 6 |