NYSE:SKT Tanger (SKT) Stock Price, News & Analysis → “The Biggest Bubble of All Time” – Here’s What to Do. (From Chaikin Analytics) (Ad) Free SKT Stock Alerts $28.52 -0.13 (-0.45%) (As of 01:03 PM ET) Add Compare Share Share Today's Range$28.16▼$28.5650-Day Range$26.47▼$29.8052-Week Range$18.00▼$29.98Volume247,121 shsAverage Volume763,279 shsMarket Capitalization$3.11 billionP/E Ratio31.00Dividend Yield3.65%Price Target$29.00 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 RatingHold2.33 Rating ScoreUpside/Downside2.5% Upside$29.00 Price TargetShort InterestBearish4.08% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.69Upright™ Environmental ScoreNews Sentiment0.64Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth5.34%From $2.06 to $2.17 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.2.63 out of 5 starsFinance Sector575th out of 859 stocksReal Estate Investment Trusts Industry119th out of 181 stocks 1.2 Analyst's Opinion Consensus RatingTanger has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageTanger has only been the subject of 3 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.08% 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 5.7.Change versus previous monthShort interest in Tanger has recently increased by 6.95%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipTanger is a leading dividend payer. It pays a dividend yield of 3.65%, 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 47.93% 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 2.6 News and Social Media Coverage News SentimentTanger has a news sentiment score of 0.64. 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 0.51 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Tanger this week, compared to 3 articles on an average week.Search InterestOnly 4 people have searched for SKT on MarketBeat in the last 30 days. This is a decrease of -56% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Tanger to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% 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 5.80% 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 5.34% in the coming year, from $2.06 to $2.17 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Tanger is 30.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.32.Price to Earnings Ratio vs. SectorThe P/E ratio of Tanger is 30.74, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.45.Price to Earnings Growth RatioTanger has a PEG Ratio of 3.60. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioTanger has a P/B Ratio of 5.20. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry Research“Retirement Secret” Showed 995% Gain Last Time We Shared ItSee this before next week's Fed Meeting Thousands of investing ideas come across his desk every year… But Doc Eifrig just revealed THIS ONE "will go down as one of the smartest and most lucrative financial moves of the decade." (Last time we shared this, it led to a 995% gain.)Get the free details now. About Tanger Stock (NYSE:SKT)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.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 HeadlinesApril 23, 2024 | americanbankingnews.comTanger (SKT) Set to Announce Earnings on TuesdayApril 19, 2024 | finance.yahoo.comTanger Inc. (SKT)April 25, 2024 | Chaikin Analytics (Ad)“The Biggest Bubble of All Time” – Here’s What to Do.Despite AI's incredible run-up in 2023, we're getting some conflicting messages. Analysts at JP Morgan warn that an "AI-driven bubble" could drag the entire stock market down. Folks at Morgan Stanley say AI hysteria is creating conditions like the dot-com collapse. Even AI leaders (the people who benefit the most!) are getting worried.April 18, 2024 | nasdaq.comTanger Enters Oversold TerritoryApril 16, 2024 | seekingalpha.comTanger Factory Outlets: Still Growing While Beating 2020 ExpectationsApril 15, 2024 | bizjournals.comTanger Inc. receives $100 million increase, extension on unsecured lines of creditApril 15, 2024 | msn.comTanger unit amends, extends unsecured lines of creditApril 15, 2024 | finance.yahoo.comTanger Announces the Amendment, Increase and Extension of its Unsecured Lines of CreditApril 25, 2024 | Chaikin Analytics (Ad)“The Biggest Bubble of All Time” – Here’s What to Do.Despite AI's incredible run-up in 2023, we're getting some conflicting messages. Analysts at JP Morgan warn that an "AI-driven bubble" could drag the entire stock market down. Folks at Morgan Stanley say AI hysteria is creating conditions like the dot-com collapse. Even AI leaders (the people who benefit the most!) are getting worried.April 10, 2024 | msn.comTanger Factory raises dividend by 5.8% to $0.275April 10, 2024 | prnewswire.comTanger Increases Dividend by 5.8%April 10, 2024 | msn.com2 Top Retail Stocks I'd Buy Right Now Without HesitationApril 10, 2024 | fool.com2 Top Retail Stocks I'd Buy Right Now Without HesitationApril 5, 2024 | markets.businessinsider.comAnalyzing Retail REITs: Upgraded Outlook for Tanger, Downgraded Expectations for Kimco and ROICApril 5, 2024 | markets.businessinsider.comExpert Ratings For TangerApril 4, 2024 | finance.yahoo.comZacks Industry Outlook Highlights Essential Properties and TangerMarch 27, 2024 | seekingalpha.comTanger: Sustained Growth With Desirable LocationsMarch 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 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 2024See 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 Payable2/15/2024Today4/25/2024Ex-Dividend for 5/15 Dividend4/29/2024Next Earnings (Confirmed)4/30/2024Dividend Payable5/15/2024Fiscal 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$29.00 High Stock Price Target$33.00 Low Stock Price Target$26.00 Potential Upside/Downside+2.4%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$0.92 Trailing P/E Ratio30.78 Forward P/E Ratio13.75 P/E Growth3.6Net 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 / Sales6.66 Cash Flow$1.93 per share Price / Cash Flow14.67 Book Value$5.44 per share Price / Book5.21Miscellaneous Outstanding Shares109,190,000Free Float102,860,000Market Cap$3.09 billion OptionableOptionable Beta1.83 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Stephen J. Yalof (Age 61)President, CEO & Director Comp: $2.6MMr. Michael Jason Bilerman (Age 49)Executive VP, CFO & Chief Investment Officer Comp: $1.35MMs. Leslie A. Swanson Gallardo (Age 53)Executive VP & COO Comp: $496.65kMr. 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:MACAcadia Realty TrustNYSE:AKRRetail Opportunity InvestmentsNASDAQ:ROICKite Realty Group TrustNYSE:KRGAlexander'sNYSE:ALXView All CompetitorsInsiders & InstitutionsAlbert D Mason Inc.Bought 654 shares on 4/25/2024Ownership: 0.074%Sightline Wealth Advisors LLCBought 16,489 shares on 4/24/2024Ownership: 0.090%Louisiana State Employees Retirement SystemBought 600 shares on 4/23/2024Ownership: 0.049%Maryland State Retirement & Pension SystemBought 512 shares on 4/20/2024Ownership: 0.036%Monument Capital ManagementSold 660 shares on 4/19/2024Ownership: 0.014%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 analysts have issued "buy," "hold," and "sell" ratings for Tanger in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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 equities research analysts have issued 12-month price objectives for Tanger's shares. Their SKT share price targets range from $26.00 to $33.00. On average, they anticipate the company's stock price to reach $29.00 in the next twelve months. This suggests a possible upside of 2.5% from the stock's current price. 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 stock has increased by 2.0% and is now trading at $28.28. 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 earnings results on Monday, August, 8th. The real estate investment trust reported $0.19 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 net margin of 21.19% and a trailing twelve-month return on equity of 18.59%. The company's quarterly revenue was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.43 EPS. How often does Tanger pay dividends? What is the dividend yield for Tanger? Tanger declared a quarterly dividend on Wednesday, April 10th. Shareholders of record on Tuesday, April 30th will be given a dividend of $0.275 per share on Wednesday, May 15th. This represents a $1.10 annualized dividend and a dividend yield of 3.89%. The ex-dividend date of this dividend is Monday, April 29th. This is a positive change from the stock's previous quarterly dividend of $0.26. 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 3.65%. 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 47.93% 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 Invesco Dorsey Wright Financial Momentum ETF (PFI), RiverFront Dynamic US Dividend Advantage ETF (RFDA), U.S. Diversified Real Estate ETF (PPTY), Invesco S&P SmallCap Momentum ETF (XSMO), Invesco S&P SmallCap Financials ETF (PSCF), Vanguard S&P Small-Cap 600 Growth ETF (VIOG), iShares S&P Small-Cap 600 Growth ETF (IJT) and Fidelity Real Estate Investment ETF (FPRO). What guidance has Tanger issued on next quarter's earnings? Tanger issued an update on 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 institutional and retail investors. Top institutional investors include O Keefe Stevens Advisory Inc. (0.35%), Portman Square Capital LLP (0.00%), Allspring Global Investments Holdings LLC (0.23%), Sumitomo Mitsui Trust Holdings Inc. (0.11%), State of Alaska Department of Revenue (0.11%) and Sightline Wealth Advisors LLC (0.09%). 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. This page (NYSE:SKT) was last updated on 4/25/2024 by MarketBeat.com Staff From Our PartnersThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingConflict In Israel Sends Gold Soaring ???? 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