Tanger Stock Analysis

SKT -  USA Stock  

USD 17.76  0.39  2.15%

The modest gains experienced by current holders of Tanger Factory Outlet created some momentum for private investors as it was traded today as low as 17.72 and as high as 18.18 per share. The company management teams have been quite successful in maneuvering the stock at opportune times to take advantage of all market conditions in May. The stock standard deviation of daily returns for 90 days investing horizon is currently 3.26. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from Tanger Factory Outlet partners.
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The Tanger Factory stock analysis report makes it easy to digest most publicly released information about Tanger Factory and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Tanger stock analysis module also helps to analyze the Tanger Factory price relationship with some important fundamental indicators such as market cap and management efficiency.

Tanger Stock Analysis Notes

About 82.0% of the company shares are owned by institutional investors. The book value of Tanger Factory was at this time reported as 3.65. The company recorded a loss per share of 0.4. Tanger Factory Outlet next dividend is scheduled to be issued on the 29th of April 2021. The entity had 2:1 split on the 25th of January 2011. 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 is furnishing a Form 8-K with the Securities and Exchange Commission that includes a supplemental information package for the quarter ended September 30, 2020. Tanger Factory operates under REITRetail classification in the United States and is traded on New York Stock Exchange. It employs 262 people. To find out more about Tanger Factory Outlet contact Steven Tanger at 336 297-0931 or learn more at www.tangeroutlet.com.

Tanger Factory Quarterly Cost of Revenue

35.31 MillionShare

Tanger Factory Outlet Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Tanger Factory's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Tanger Factory Outlet or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Tanger Factory has very high historical volatility over the last 90 days
The company reported the last year's revenue of 394.21 M. Reported Net Loss for the year was (36.97 M) with profit before taxes, overhead, and interest of 277.51 M.
Over 82.0% of the company shares are owned by institutional investors
Latest headline from seekingalpha.com: Tanger Factory Outlet Centers, Inc. CEO Steve Yalof Presents at Nareits REITweek 2021 Virtual Investor Conference - Seeking Alpha

Tanger Factory Outlet Upcoming and Recent Events

Earnings reports are used by Tanger Factory to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Tanger Factory previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report4th of August 2021
Next Earnings Report4th of November 2021
Next Fiscal Quarter End30th of June 2021
Next Fiscal Year End16th of February 2022
Last Quarter Report31st of March 2021
Last Earning Announcement30th of June 2020

Tanger Largest EPS Surprises

Earnings surprises can significantly impact Tanger Factory's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2012-04-24
2012-03-310.10.09-0.0110 
2008-04-30
2008-03-310.10.09-0.0110 
2005-10-20
2005-09-300.090.08-0.0111 
View All Earnings Estimates

Tanger Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Tanger Factory is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Tanger Factory Outlet backward and forwards among themselves. Tanger Factory's institutional investor refers to the entity that pools money to purchase Tanger Factory's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Blackrock IncCommon Shares17.5 M264.9 M
Vanguard Group IncCommon Shares15.3 M232.1 M
State Street CorpCommon Shares4.8 M72.5 M
Ameriprise Financial IncCommon Shares2.4 M37 M
Goldman Sachs Group IncPut Options2.4 M36.4 M
Lsv Asset ManagementCommon Shares1.9 M28.1 M
Geode Capital Management LlcCommon Shares1.8 M26.9 M
Charles Schwab Investment Management IncCommon Shares1.7 M26.3 M
Susquehanna International Group LlpCall Options1.5 M23.1 M
Note, although Tanger Factory's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Tanger Market Capitalization

The company currently falls under 'Mid-Cap' category with total capitalization of 1.78 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Tanger Factory's market, we take the total number of its shares issued and multiply it by Tanger Factory's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Tanger Profitablity

Tanger Factory's profitability indicators refer to fundamental financial ratios that showcase Tanger Factory's ability to generate income relative to its revenue or operating costs. If, let's say, Tanger Factory is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Tanger Factory's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Tanger Factory's profitability requires more research than a typical breakdown of Tanger Factory's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of (9.2) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of 50.7 %, which entails that for every 100 dollars of revenue, it generated 0.51 of operating income.
Last ReportedProjected for 2021
Return on Investment 1.06  1.09 
Return on Average Assets(1.62) (1.66) 
Return on Average Equity(9.37) (9.61) 
Return on Invested Capital 0.06  0.0485 
Return on Sales 0.49  0.41 

Management Efficiency

The entity has Return on Asset of 2.59 % which means that on every $100 spent on asset, it made $2.59 of profit. This is way below average. In the same way, it shows return on shareholders equity (ROE) of (9.33) %, meaning that it generated no profit with money invested by stockholders. Tanger Factory management efficiency ratios could be used to measure how well tanger factory outlet manages its routine affairs as well as how well it operates its assets and liabilities. Return on Investment is likely to gain to 1.09 in 2021, whereas Return on Average Assets are likely to drop (1.66)  in 2021. Total Liabilities is likely to drop to about 1.6 B in 2021. Current Liabilities is likely to drop to about 80.7 M in 2021
Last ReportedProjected for 2021
Book Value per Share 6.28  5.21 
Enterprise Value over EBIT 23.00  27.38 
Enterprise Value over EBITDA 12.49  12.73 
Price to Book Value 4.62  4.40 
Tangible Assets Book Value per Share 23.67  20.25 
Enterprise Value4.6 BB
Tangible Asset Value2.3 B2.5 B

Technical Drivers

As of the 19th of June, Tanger Factory has the Risk Adjusted Performance of 0.0366, semi deviation of 3.44, and Coefficient Of Variation of 2217.19. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tanger Factory Outlet, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to collect data for nineteen technical drivers for Tanger Factory Outlet, which can be compared to its competition. Please validate Tanger Factory Outlet variance and potential upside to decide if Tanger Factory is priced more or less accurately, providing market reflects its prevalent price of 17.76 per share. Given that Tanger Factory Outlet has jensen alpha of 0.0794, we advise you to double-check Tanger Factory Outlet's current market performance to make sure the company can sustain itself at a future point.

Tanger Factory Outlet Price Movement Analysis

The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Mid-point over period is an average of Tanger Factory Outlet highest and lowest values attained during the given period. View also all equity analysis or get more info about midpoint over period overlap studies indicator.

Tanger Factory Outlet Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Tanger Factory insiders, such as employees or executives, is commonly permitted as long as it does not rely on Tanger Factory's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Tanger Factory insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Jeffrey Citrin over a month ago via Macroaxis 
Acquisition by Jeffrey Citrin of 1331 shares of Tanger Factory subject to Rule 16b-3
Thomas Guerrieri over three months ago via Macroaxis 
Sale by Thomas Guerrieri of 1000 shares of Tanger Factory
Carrie Warren over three months ago via Macroaxis 
Sale by Carrie Warren of 8913 shares of Tanger Factory
Swanson Gallardo Leslie over three months ago via Macroaxis 
Acquisition by Swanson Gallardo Leslie of 46633 shares of Tanger Factory subject to Rule 16b-3
Thomas Guerrieri over three months ago via Macroaxis 
Exercise or conversion by Thomas Guerrieri of 1132 shares of Tanger Factory subject to Rule 16b-3
Thomas Guerrieri over three months ago via Macroaxis 
Payment of 3690 shares by Thomas Guerrieri of Tanger Factory subject to Rule 16b-3
Jeffrey Citrin over three months ago via Macroaxis 
Acquisition by Jeffrey Citrin of 1462 shares of Tanger Factory subject to Rule 16b-3
Steven Tanger over three months ago via Macroaxis 
Bona fide gift to Steven Tanger of 2463 shares of Tanger Factory subject to Section 16
Jeffrey Citrin over six months ago via Macroaxis 
Acquisition by Jeffrey Citrin of 2598 shares of Tanger Factory subject to Rule 16b-3
Stephen Yalof over six months ago via Macroaxis 
Purchase by Stephen Yalof of 10000 shares of Tanger Factory
Steven Tanger over six months ago via Macroaxis 
Acquisition or disposition of Tanger Factory securities by Steven Tanger
Jeffrey Citrin over six months ago via Macroaxis 
Acquisition by Jeffrey Citrin of 3331 shares of Tanger Factory subject to Rule 16b-3

Tanger Factory Outstanding Bonds

Tanger Factory issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Tanger Factory Outlet uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Tanger bonds can be classified according to their maturity, which is the date when Tanger Factory Outlet has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
MaturityCouponRating
TANGER PPTYS LTD12/01/20233.875
BBB+
TANGER PPTYS LTD12/01/20243.75
NA

Tanger Factory Predictive Daily Indicators

Tanger Factory intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Tanger Factory stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Tanger Factory Forecast Models

Tanger Factory time-series forecasting models is one of many Tanger Factory's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Tanger Factory's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Tanger Factory Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Tanger Factory stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Tanger shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Tanger Factory. By using and applying Tanger Stock analysis, traders can create a robust methodology for identifying Tanger entry and exit points for their positions.
Last ReportedProjected for 2021
Operating Margin 5.32  5.46 
EBITDA Margin 32.22  48.38 
Gross Margin 70.08  79.45 
Profit Margin(9.30) (9.55) 
Tanger Factory Outlet Centers, Inc. is a leading operator of open-air upscale outlet shopping centers that owns, or has an ownership interest in, a portfolio of 38 centers. Tangers 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 years of experience in the outlet industry and is a publicly-traded REIT. Tanger is furnishing a Form 8-K with the Securities and Exchange Commission that includes a supplemental information package for the quarter ended September 30, 2020.

Current Tanger Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Tanger analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Tanger analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
12.33Sell3Odds
Tanger Factory Outlet current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Tanger analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Tanger stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Tanger Factory Outlet, talking to its executives and customers, or listening to Tanger conference calls.
Tanger Analyst Advice Details

Tanger Stock Analysis Indicators

Tanger Factory Outlet stock analysis indicators help investors evaluate how Tanger Factory stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Tanger Factory shares will generate the highest return on investment. By understating and applying Tanger Factory stock analysis, traders can identify Tanger Factory position entry and exit signals to maximize returns.
Quick Ratio1.04
Trailing Annual Dividend Rate0.36
Fifty Two Week Low5.46
Revenue Growth-7.30%
Average Daily Volume Last 10 Day1.49M
Shares Short Prior Month23.67M
Average Daily Volume In Three Month1.97M
Shares Percent Shares Out24.28%
Gross Margins70.40%
Forward Price Earnings44.40
Short Percent Of Float36.63%
Float Shares89.91M
Fifty Two Week High22.40
Fifty Day Average17.70
Enterprise Value To Ebitda16.25
Two Hundred Day Average15.03
Enterprise Value To Revenue8.24
Trailing Annual Dividend Yield1.97%
Additionally, take a look at World Market Map. Note that the Tanger Factory Outlet information on this page should be used as a complementary analysis to other Tanger Factory's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Money Managers module to screen money managers from public funds and ETFs managed around the world.

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When running Tanger Factory Outlet price analysis, check to measure Tanger Factory's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tanger Factory is operating at the current time. Most of Tanger Factory's value examination focuses on studying past and present price action to predict the probability of Tanger Factory's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Tanger Factory's price. Additionally, you may evaluate how the addition of Tanger Factory to your portfolios can decrease your overall portfolio volatility.
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The market value of Tanger Factory Outlet is measured differently than its book value, which is the value of Tanger that is recorded on the company's balance sheet. Investors also form their own opinion of Tanger Factory's value that differs from its market value or its book value, called intrinsic value, which is Tanger Factory's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tanger Factory's market value can be influenced by many factors that don't directly affect Tanger Factory Outlet underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tanger Factory's value and its price as these two are different measures arrived at by different means. Investors typically determine Tanger Factory value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tanger Factory's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.