Tanger Inc SKT
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
-
Tanger Declares Dividend Payable August 15, 2024
-
Tanger Inc. Receives 2024 Nareit Investor CARE Gold Award for Excellence in Communications and Reporting
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Tanger Expands Partnership with Sephora
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Tanger Releases 2023 Environmental, Social, and Governance Report
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Tanger to Present at Nareit's REITweek 2024 Investor Conference
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Tanger Schedules Second Quarter 2024 Earnings Release and Conference Call
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Tanger Reports First Quarter Results and Raises Full-Year 2024 Guidance
Trading Information
- Previous Close Price
- $27.71
- Day Range
- $27.78–28.43
- 52-Week Range
- $21.42–29.98
- Bid/Ask
- $27.94 / $28.83
- Market Cap
- $3.10 Bil
- Volume/Avg
- 547,103 / 731,700
Key Statistics
- Price/Earnings (Normalized)
- 32.81
- Price/Sales
- 6.23
- Dividend Yield (Trailing)
- 3.75%
- Dividend Yield (Forward)
- 3.97%
- Total Yield
- 3.75%
Company Profile
Tanger Inc is a leading owner and operator of outlet and open-air retail shopping destinations. Tanger’s portfolio of 38 outlet centers and one open-air lifestyle center comprises over 15 million square feet well positioned across tourist destinations and vibrant markets in U.S. states and Canada.
- Sector
- Real Estate
- Industry
- REIT - Retail
- Stock Style Box
- Small Core
- Total Number of Employees
- 407
- Website
- https://www.tangeroutlet.com
Comparables
Valuation
|
Metric
|
SKT
|
UE
|
FRT
|
|---|---|---|---|
Price/Earnings (Normalized) | 32.81 | 110.64 | 40.06 |
Price/Book Value | 5.45 | 2.02 | 3.22 |
Price/Sales | 6.23 | 5.41 | 7.60 |
Price/Cash Flow | 12.47 | 15.60 | 15.68 |
Price/Earnings
SKT
UE
FRT
Financial Strength
|
Metric
|
SKT
|
UE
|
FRT
|
|---|---|---|---|
Quick Ratio | 0.13 | 0.65 | 1.01 |
Current Ratio | 0.13 | 0.93 | 1.01 |
Interest Coverage | 3.05 | 4.91 | 2.40 |
Quick Ratio
SKT
UE
FRT
Profitability
|
Metric
|
SKT
|
UE
|
FRT
|
|---|---|---|---|
Return on Assets (Normalized) | 5.05% | 8.28% | 3.13% |
Return on Equity (Normalized) | 21.90% | 24.61% | 9.43% |
Return on Invested Capital (Normalized) | 7.39% | 11.33% | 5.04% |
Return on Assets
SKT
UE
FRT
REIT - Retail Industry Comparables
|
1-Day Chart
|
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