Tanger Factory Outlet Stock Today

SKT Stock  USD 27.37  0.37  1.37%   

Performance

2 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 37

 
High
 
Low
Below Average
Tanger Factory is selling for under 27.37 as of the 12th of July 2024; that is 1.37 percent increase since the beginning of the trading day. The stock's last reported lowest price was 27.08. Tanger Factory has about a 37 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Tanger Factory Outlet are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 12th of June 2024 and ending today, the 12th of July 2024. Click here to learn more.
Business Domain
Equity Real Estate Investment Trusts (REITs)
IPO Date
27th of May 1993
Category
Real Estate
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. The company has 109.35 M outstanding shares of which 4.28 M shares are at this time shorted by investors with about 6.91 days to cover. More on Tanger Factory Outlet

Moving against Tanger Stock

  0.44PW Power REITPairCorr
Follow Valuation Options Odds of Bankruptcy
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Tanger Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOSteven Tanger
Old NameSkotan S.A.
Business ConcentrationRetail REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, NYSE Composite, SP Small-Cap 600, Real Estate, Retail REITs, REIT—Retail, Real Estate (View all Sectors)
Average Analyst Recommendation
Debt Levels
Tanger Factory can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Tanger Factory's financial leverage. It provides some insight into what part of Tanger Factory's total assets is financed by creditors.
Liquidity
Tanger Factory Outlet has 1.53 B in debt with debt to equity (D/E) ratio of 2.9, meaning that the company heavily relies on borrowing funds for operations. Tanger Factory Outlet has a current ratio of 3.71, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Tanger to invest in growth at high rates of return.

Dividends Paid

65.71 Million
Tanger Factory Outlet (SKT) is traded on New York Stock Exchange in USA. It is located in 3200 Northline Avenue, Greensboro, NC, United States, 27408-7612 and employs 364 people. Tanger Factory is listed under Retail REITs category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 2.95 B. Tanger Factory Outlet runs under Retail REITs sector within Real Estate industry. The entity has 109.35 M outstanding shares of which 4.28 M shares are at this time shorted by investors with about 6.91 days to cover. Tanger Factory Outlet has about 212.12 M in cash with 229.61 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.98.
Check Tanger Factory Probability Of Bankruptcy
Ownership Allocation
The majority of Tanger Factory Outlet outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Tanger Factory to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Tanger Factory Outlet. Please pay attention to any change in the institutional holdings of Tanger Factory Outlet as this could imply that something significant has changed or is about to change at the company.
Check Tanger Ownership Details

Tanger Stock Institutional Holders

InstituionRecorded OnShares
Morgan Stanley - Brokerage Accounts2024-03-31
1.4 M
Nuveen Asset Management, Llc2024-03-31
1.2 M
Northern Trust Corp2024-03-31
1.2 M
Bank Of New York Mellon Corp2024-03-31
M
Legal & General Group Plc2024-03-31
971 K
Lsv Asset Management2024-03-31
918 K
Amvescap Plc.2024-03-31
769.6 K
American Century Companies Inc2024-03-31
763.2 K
Millennium Management Llc2024-03-31
709 K
Blackrock Inc2024-03-31
19.9 M
Vanguard Group Inc2024-03-31
17.5 M
View Tanger Factory Diagnostics

Tanger Factory Historical Income Statement

At this time, Tanger Factory's Selling General Administrative is comparatively stable compared to the past year. Total Operating Expenses is likely to gain to about 118.4 M in 2024, whereas Total Revenue is likely to drop slightly above 289.5 M in 2024. View More Fundamentals

Tanger Stock Against Markets

Tanger Factory Corporate Directors

Sandeep MathraniIndependent DirectorProfile
Jeffrey CitrinIndependent DirectorProfile
Thomas ReddinIndependent DirectorProfile
Luis UbinasIndependent DirectorProfile

Additional Tools for Tanger Stock Analysis

When running Tanger Factory's 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 the 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.