Tanger Factory Outlet Centers, Inc. (SKT)

NYSE: SKT · IEX Real-Time Price · USD
29.53
-0.02 (-0.07%)
Mar 28, 2024, 4:00 PM EDT - Market closed

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
Financial Ratio History

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
Full Income Statement

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
Full Balance Sheet

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
Full Cash Flow Statement

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%
Dividend Details

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 Forecasts

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