NYSE:SKT Tanger (SKT) Stock Price, News & Analysis → Major Elon Musk Crypto Leak Revealed (From Crypto 101 Media) (Ad) Free SKT Stock Alerts $29.53 -0.02 (-0.07%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$29.39▼$29.8050-Day Range$25.82▼$29.8052-Week Range$18.00▼$29.98Volume854,707 shsAverage Volume752,915 shsMarket Capitalization$3.22 billionP/E Ratio32.10Dividend Yield3.52%Price Target$27.17 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Tanger alerts: Email Address Tanger MarketRank™ Stock AnalysisAnalyst RatingHold2.17 Rating ScoreUpside/Downside8.0% Downside$27.17 Price TargetShort InterestBearish3.83% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.69Upright™ Environmental ScoreNews Sentiment1.19Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth4.37%From $2.06 to $2.15 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.99 out of 5 starsFinance Sector486th out of 859 stocksReal Estate Investment Trusts Industry104th out of 182 stocks 1.1 Analyst's Opinion Consensus RatingTanger has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 2 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $27.17, Tanger has a forecasted downside of 8.0% from its current price of $29.53.Amount of Analyst CoverageTanger has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.83% of the outstanding shares of Tanger have been sold short.Short Interest Ratio / Days to CoverTanger has a short interest ratio ("days to cover") of 5.4.Change versus previous monthShort interest in Tanger has recently increased by 1.46%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend LeadershipTanger is a leading dividend payer. It pays a dividend yield of 3.52%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthTanger has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Tanger is 113.04%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Tanger will have a dividend payout ratio of 48.37% next year. This indicates that Tanger will be able to sustain or increase its dividend. Previous Next 0.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreTanger has received a -71.25% net impact score from Upright. The largest negative impact of Tanger Factory Outlet Centers in category "GHG emissions" is driven by its "Real estate funds investing in shopping centers" and "Real estate development services of retail space" products. See details.Environmental SustainabilityThe Environmental Impact score for Tanger is -3.69. Previous Next 4.0 News and Social Media Coverage News SentimentTanger has a news sentiment score of 1.19. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.61 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Tanger this week, compared to 3 articles on an average week.Search Interest12 people have searched for SKT on MarketBeat in the last 30 days. This is an increase of 1,100% compared to the previous 30 days.MarketBeat Follows7 people have added Tanger to their MarketBeat watchlist in the last 30 days. This is an increase of 250% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Tanger insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.20% of the stock of Tanger is held by insiders.Percentage Held by Institutions85.23% of the stock of Tanger is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Tanger are expected to grow by 4.37% in the coming year, from $2.06 to $2.15 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Tanger is 32.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.39.Price to Earnings Ratio vs. SectorThe P/E ratio of Tanger is 32.10, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 61.85.Price to Earnings Growth RatioTanger has a PEG Ratio of 4.31. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioTanger has a P/B Ratio of 5.26. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. 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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.Read More SKT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SKT Stock News HeadlinesMarch 27, 2024 | seekingalpha.comTanger: Sustained Growth With Desirable LocationsMarch 24, 2024 | americanbankingnews.comTanger (NYSE:SKT) Stock Rating Upgraded by CitigroupMarch 29, 2024 | Crypto 101 Media (Ad)Crypto Market Preps For Trillions Worth of Inflows! Bitcoin is rapidly approaching new ALL-TIME HIGHS… The market is buzzing after recent approval of spot Bitcoin exchange-traded funds (ETF). Top analysts predict these ETFs will attract trillions of dollars worth of inflows over the next few years… And as Bitcoin rallies, we could see other smaller coins rise to heights never seen before.March 19, 2024 | money.usnews.comTanger Inc.March 16, 2024 | ca.finance.yahoo.comSKT Apr 2024 30.000 putMarch 15, 2024 | msn.comThis REIT With a 3.7% Yield Thrives in Both Good and Bad TimesMarch 14, 2024 | msn.comSmith Haven Mall Wins Best Mall On Long Island: 'We're Thrilled'March 11, 2024 | prnewswire.comTanger Schedules First Quarter 2024 Earnings Release and Conference CallMarch 29, 2024 | DTI (Ad)the most reliable asset on earth is making a comebackGlobal tensions have been pushing the price of gold to all time highs… Just recently, gold peaked at a record $2,000 (and is now closer to $2,200). And there’s something else critical at play right now in the world’s largest asset. Because of these critical factors, a lot of massive investment institutions are now pumping more money into gold. And as we speak, some are even calling for a massive rally in the precious metal.March 6, 2024 | finance.yahoo.comSKT Sep 2024 25.000 putMarch 4, 2024 | finance.yahoo.comSKT Apr 2024 26.000 putMarch 4, 2024 | finance.yahoo.comSKT Apr 2024 32.000 callFebruary 27, 2024 | prnewswire.comTanger to Present at Citi's 2024 Global Property CEO ConferenceFebruary 26, 2024 | finance.yahoo.comTanger CEO talks being 'very optimistic' about growth in 2024February 25, 2024 | seekingalpha.comWho Wants To Roll The Dice On These 'Experiential' REITs?February 21, 2024 | ca.finance.yahoo.comSKT Jun 2024 22.000 callFebruary 21, 2024 | markets.businessinsider.comKeyBanc Sticks to Their Hold Rating for Tanger Factory (SKT)February 20, 2024 | bizjournals.comTanger closes out strong 2023 with 30% increase in Q4 profit while acquiring two outlet centersFebruary 19, 2024 | ca.finance.yahoo.comO Apr 2024 50.000 putFebruary 16, 2024 | markets.businessinsider.comHere's what Wall Street expects from Tanger Factory Outlet Centers's earnings reportFebruary 15, 2024 | finance.yahoo.comTanger Inc (SKT) Reports Solid Earnings Growth and Expands Portfolio in Q4 and Full Year 2023February 15, 2024 | msn.comTanger Q4 results beat, helped by leasing momentum; issues solid guidanceFebruary 15, 2024 | finance.yahoo.comTanger Reports Fourth Quarter and Full Year 2023 Results and Introduces 2024 GuidanceFebruary 15, 2024 | prnewswire.comTanger Reports Fourth Quarter and Full Year 2023 Results and Introduces 2024 GuidanceFebruary 15, 2024 | benzinga.comTanger Stock (NYSE:SKT) Dividends: History, Yield and DatesJanuary 25, 2024 | benzinga.comTanger's Ex-Dividend Date Is Tuesday, Here's What You Need To KnowJanuary 23, 2024 | finance.yahoo.comTanger Inc. 2023 Tax Reporting Information - Distribution (Form 1099)See More Headlines Receive SKT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Tanger and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/08/2022Ex-Dividend for 2/15 Dividend1/30/2024Dividend Payable2/15/2024Today3/29/2024Next Earnings (Confirmed)4/30/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryRetail REITs Current SymbolNYSE:SKT CUSIP87546510 CIK899715 Webwww.tangeroutlet.com Phone(336) 292-3010Fax336-852-2096Employees364Year FoundedN/APrice Target and Rating Average Stock Price Target$27.17 High Stock Price Target$33.00 Low Stock Price Target$20.00 Potential Upside/Downside-8.0%Consensus RatingHold Rating Score (0-4)2.17 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$0.92 Trailing P/E Ratio32.10 Forward P/E Ratio14.33 P/E Growth4.31Net Income$99.15 million Net Margins21.19% Pretax Margin20.59% Return on Equity18.59% Return on Assets4.42% Debt Debt-to-Equity Ratio2.43 Current Ratio0.19 Quick Ratio0.19 Sales & Book Value Annual Sales$464.41 million Price / Sales6.93 Cash Flow$2.00 per share Price / Cash Flow14.73 Book Value$5.61 per share Price / Book5.26Miscellaneous Outstanding Shares108,920,000Free Float106,521,000Market Cap$3.22 billion OptionableOptionable Beta1.83 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Stephen J. Yalof (Age 61)President, CEO & Director Comp: $2.48MMr. Michael Jason Bilerman (Age 49)Executive VP, CFO & Chief Investment Officer Comp: $1.05MMs. Leslie A. Swanson Gallardo (Age 53)Executive VP & COO Comp: $910.21kMr. Thomas J. Guerrieri Jr. (Age 51)Senior VP & Chief Accounting Officer Comp: $471.93kMs. Jessica K. Norman (Age 41)Executive VP, General Counsel & Secretary Ms. Virginie Julie SchenaSenior Vice President of People & CultureBrian A. AugerSenior Vice President of LegalJoshua D. CoxSenior Vice President of TaxCraig WiseSenior Vice President of Digital StrategyMr. Steve M. DworkinSenior Vice President of Real EstateMore ExecutivesKey CompetitorsMacerichNYSE:MACKite Realty Group TrustNYSE:KRGAcadia Realty TrustNYSE:AKRRetail Opportunity InvestmentsNASDAQ:ROICAlexander'sNYSE:ALXView All CompetitorsInsiders & InstitutionsHBK Investments L PBought 130,000 shares on 3/14/2024Ownership: 0.000%Vanguard Group Inc.Sold 215,819 shares on 3/11/2024Ownership: 15.468%Wellington Management Group LLPBought 94,887 shares on 3/5/2024Ownership: 3.717%Fisher Asset Management LLCSold 19,414 shares on 3/5/2024Ownership: 0.449%Goldman Sachs Group Inc.Sold 83,826 shares on 3/1/2024Ownership: 0.345%View All Insider TransactionsView All Institutional Transactions SKT Stock Analysis - Frequently Asked Questions Should I buy or sell Tanger stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tanger in the last year. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SKT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SKT, but not buy additional shares or sell existing shares. View SKT analyst ratings or view top-rated stocks. What is Tanger's stock price target for 2024? 6 brokers have issued 1 year target prices for Tanger's shares. Their SKT share price targets range from $20.00 to $33.00. On average, they anticipate the company's stock price to reach $27.17 in the next twelve months. This suggests that the stock has a possible downside of 8.0%. View analysts price targets for SKT or view top-rated stocks among Wall Street analysts. How have SKT shares performed in 2024? Tanger's stock was trading at $27.72 on January 1st, 2024. Since then, SKT shares have increased by 6.5% and is now trading at $29.53. View the best growth stocks for 2024 here. When is Tanger's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024. View our SKT earnings forecast. How can I listen to Tanger's earnings call? Tanger will be holding an earnings conference call on Wednesday, May 1st at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 877-660-6853 with passcode "13745043". How were Tanger's earnings last quarter? Tanger Inc. (NYSE:SKT) posted its quarterly earnings results on Monday, August, 8th. The real estate investment trust reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by $0.23. The real estate investment trust had revenue of $105.84 million for the quarter, compared to analyst estimates of $104.45 million. Tanger had a trailing twelve-month return on equity of 18.59% and a net margin of 21.19%. The firm's revenue was up 4.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.43 EPS. How often does Tanger pay dividends? What is the dividend yield for Tanger? Tanger announced a quarterly dividend on Wednesday, January 17th. Investors of record on Wednesday, January 31st will be given a dividend of $0.26 per share on Thursday, February 15th. This represents a $1.04 annualized dividend and a yield of 3.52%. The ex-dividend date is Tuesday, January 30th. Read our dividend analysis for SKT. Is Tanger a good dividend stock? Tanger (NYSE:SKT) pays an annual dividend of $1.04 per share and currently has a dividend yield of 3.52%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 113.04%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, SKT will have a dividend payout ratio of 48.37% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SKT. What ETFs hold Tanger's stock? ETFs with the largest weight of Tanger (NYSE:SKT) stock in their portfolio include Cambria Global Real Estate ETF (BLDG), Invesco Dorsey Wright Financial Momentum ETF (PFI), RiverFront Dynamic US Dividend Advantage ETF (RFDA), Invesco S&P SmallCap Financials ETF (PSCF), Fidelity Real Estate Investment ETF (FPRO), iShares US Credit Bond ETF (CRED), JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE).SPDR S&P 600 Small Cap ETF (SLY). What guidance has Tanger issued on next quarter's earnings? Tanger updated its FY 2024 earnings guidance on Friday, February, 16th. The company provided EPS guidance of 2.020-2.100 for the period, compared to the consensus EPS estimate of 2.030. The company issued revenue guidance of -. What is Steven B. Tanger's approval rating as Tanger's CEO? 19 employees have rated Tanger Chief Executive Officer Steven B. Tanger on Glassdoor.com. Steven B. Tanger has an approval rating of 98% among the company's employees. This puts Steven B. Tanger in the top 20% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Tanger own? Based on aggregate information from My MarketBeat watchlists, some companies that other Tanger investors own include AT&T (T), Verizon Communications (VZ), Enterprise Products Partners (EPD), Delta Air Lines (DAL), Cisco Systems (CSCO), AbbVie (ABBV), Exxon Mobil (XOM), Simon Property Group (SPG), CVS Health (CVS) and Intel (INTC). Who are Tanger's major shareholders? Tanger's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (15.99%), Vanguard Group Inc. (15.47%), Wellington Management Group LLP (3.72%), Charles Schwab Investment Management Inc. (1.88%), Waterfront Capital Partners LLC (1.46%) and Dimensional Fund Advisors LP (1.41%). Insiders that own company stock include Carrie A Warren, Chad Perry, Steven B Tanger, Susan E Skerritt, Thomas Joseph Guerrieri Jr and Thomas Reddin. View institutional ownership trends. How do I buy shares of Tanger? Shares of SKT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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