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Ticker
SKT

Price
34.41
Stock movement up
+0.21 (0.61%)
Company name
Tanger Factory Outlet Centers Inc
Exchange
(NYSE
,
Currency
USD
)
Sector
Real Estate >
REIT - Retail
Market cap
3.81B
Ent value
5.48B
Price/Sales
7.43
Price/Book
6.43
Div yield
3.20%
Div growth
-6.98%
Growth years
-
FCF payout
89.60%
Trailing P/E
39.72
Forward P/E
36.80
PEG
5.93
EPS growth
14.75%
1 year return
25.91%
3 year return
21.15%
5 year return
18.49%
10 year return
-0.86%
Last updated: 2025-01-03

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DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share1.10
Dividend yield3.20%
Payout frequencyQuarterly
Maximum yield33.57%
Average yield7.20%
Minimum yield2.96%
Discount to avg yield-125.35%
Upside potential-55.62%
Yield as % of max yield9.52%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield3.20%
Current yield distribution97.14%
Yield at 100% (Min)2.96%
Yield at 90%3.61%
Yield at 80%3.86%
Yield at 50% (Median)4.56%
Yield at 20%10.81%
Yield at 10%18.39%
Yield at 0% (Max)33.57%

Dividend per share

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Dividend per share data
Years of growth-
CCC status-
Dividend per share1.10
Payout frequencyQuarterly
Ex-div date31 Oct 2024
EPS (TTM)0.87
EPS (1y forward)0.94
EPS growth (5y)14.75%
EPS growth (5y forward)6.70%

Dividend growth

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Dividend growth data
SKTS&P500
DGR MR5.77%12.57%
DGR TTM11.86%6.51%
DGR 3 years10.83%5.24%
DGR 5 years-6.98%5.40%
DGR 10 years0.98%7.07%
DGR 15 years1.77%6.12%
Time since last change announced270 days
EPS growth (5y)14.75%
EPS growth (5y forward)6.70%

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM122.26%89.60%
Average174.47%181.90%
Forward117.65%-

iO Charts is a Seeking Alpha partner

iO Charts is a Seeking Alpha partner

VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E39.72
Price to OCF15.45
Price to FCF29.11
Price to EBITDA12.05
EV to EBITDA17.34

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales7.43
Price to Book6.43
EV to Sales10.69

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iO Charts is a Seeking Alpha partner

FINANCIALS

Per share

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Per share data
Current share count110.69M
EPS (TTM)0.87
FCF per share (TTM)1.19

Income statement

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Income statement data
Revenue (TTM)512.80M
Gross profit (TTM)257.35M
Operating income (TTM)179.38M
Net income (TTM)95.89M
EPS (TTM)0.87
EPS (1y forward)0.94

Margins

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Margins data
Gross margin (TTM)50.18%
Operating margin (TTM)34.98%
Profit margin (TTM)18.70%

Balance Sheet

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Balance Sheet data
Cash11.05M
Net receivables0.00
Total current assets11.05M
Goodwill0.00
Intangible assets77.51M
Property, plant and equipment76.43M
Total assets2.28B
Accounts payable0.00
Short/Current long term debt1.51B
Total current liabilities86.76M
Total liabilities1.68B
Shareholder's equity592.63M
Net tangible assets0.00

Cash flow

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Cash flow data
Operating cash flow (TTM)246.53M
Capital expenditures (TTM)115.69M
Free cash flow (TTM)130.84M
Dividends paid (TTM)117.24M

Financial returns

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Financial returns data
Return on Equity16.18%
Return on Assets4.21%
Return on Invested Capital3.05%
Cash Return on Invested Capital4.16%

iO Charts is a Seeking Alpha partner

iO Charts is a Seeking Alpha partner

STOCK INFORMATION

Stock chart

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Stock price data
Open34.02
Daily high34.44
Daily low34.00
Daily Volume371K
All-time high41.74
1y analyst estimate38.14
Beta1.84
EPS (TTM)0.87
Dividend per share1.10
Ex-div date31 Oct 2024
Next earnings date13 Feb 2025

Downside potential

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Downside potential data
SKTS&P500
Current price drop from All-time high-17.56%-2.61%
Highest price drop-89.79%-56.47%
Date of highest drop3 Apr 20209 Mar 2009
Avg drop from high-25.06%-11.12%
Avg time to new high34 days12 days
Max time to new high2353 days1805 days

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iO Charts is a Seeking Alpha partner

COMPANY DETAILS
SKT (Tanger Factory Outlet Centers Inc) company logo
Marketcap
3.81B
Marketcap category
Mid-cap
Description
Tanger Inc. (NYSE: SKT) is a leading owner and operator of outlet and open-air retail shopping destinations, with over 43 years of expertise in the retail and outlet shopping industries. Tanger's portfolio of 38 outlet centers, one adjacent managed center and one open-air lifestyle center comprises over 15 million square feet well positioned across tourist destinations and vibrant markets in 20 U.S. states and Canada. A publicly traded REIT since 1993, Tanger continues to innovate the retail experience for its shoppers with over 3,000 stores operated by more than 700 different brand name companies. Tanger is furnishing a Form 8-K with the Securities and Exchange Commission (SEC) that includes a supplemental information package for the quarter and year ended December 31, 2023.
Employees
364
SEC filings
CEO
Stephen Yalof
Country
USA
City
Greensboro
Stock type
Common stock
CCC status
-
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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