SKT Tanger Factory Outlet Centers Inc

  1. Stocks
  2. Real Estate
  3. NYSE: SKT

Price (delayed)

$26.62

Market cap

$2.8B

P/E Ratio

30.25

Dividend/share

$0.97

EPS

$0.88

Enterprise value

$4.13B

Tanger Factory Outlet Centers, Inc. is a leading operator of upscale open-air outlet centers that owns, or has an ownership interest in, a portfolio of 36 centers. Tanger's operating properties are ...

Highlights
The net income has grown by 22% YoY and by 4.9% from the previous quarter
SKT's EPS is up by 19% YoY and by 4.8% QoQ
SKT's price to earnings (P/E) is 22% higher than its last 4 quarters average of 24.9
Tanger Factory Outlet Centers's debt has increased by 2% YoY
Sector: Real Estate
Industry: REIT - Retail
Website: http://www.tangeroutlet.com
Peers: HBI GPS VFC CRI

Key stats

What are the main financial stats of SKT
Market
Shares outstanding
105.35M
Market cap
$2.8B
Enterprise value
$4.13B
Valuations
Price to earnings (P/E)
30.25
Price to book (P/B)
5.71
Price to sales (P/S)
6.18
EV/EBIT
29.12
EV/EBITDA
16.36
EV/Sales
9.11
Earnings
Revenue
$453.39M
EBIT
$141.83M
EBITDA
$252.48M
Free cash flow
$95.31M
Per share
EPS
$0.88
Free cash flow per share
$0.91
Book value per share
$4.67
Revenue per share
$4.31
TBVPS
$20.97
Balance sheet
Total assets
$2.21B
Total liabilities
$1.69B
Debt
$1.51B
Equity
$490.67M
Working capital
N/A
Liquidity
Debt to equity
3.08
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.25
Margins
EBITDA margin
55.7%
Gross margin
68.7%
Net margin
20.7%
Operating margin
27.9%
Efficiency
Return on assets
4.3%
Return on equity
19.2%
Return on invested capital
4%
Return on capital employed
N/A
Return on sales
31.3%
Dividend
Dividend yield
3.64%
DPS
$0.97
Payout ratio
110.2%

SKT stock price

How has the Tanger Factory Outlet Centers stock price performed over time
Intraday
-0.37%
1 week
7.25%
1 month
12.94%
1 year
40.85%
YTD
48.38%
QTD
17.79%

Financial performance

How have Tanger Factory Outlet Centers's revenue and profit performed over time
Revenue
$453.39M
Gross profit
$311.37M
Operating income
$126.68M
Net income
$93.73M
Gross margin
68.7%
Net margin
20.7%
The net income has grown by 22% YoY and by 4.9% from the previous quarter
Tanger Factory Outlet Centers's net margin has increased by 18% YoY and by 3.5% QoQ
Tanger Factory Outlet Centers's operating income has increased by 12% YoY and by 3% from the previous quarter
The operating margin has increased by 8% YoY

Growth

What is Tanger Factory Outlet Centers's growth rate over time

Valuation

What is Tanger Factory Outlet Centers stock price valuation
SKT P/E details
P/E
30.25
P/B
5.71
P/S
6.18
EV/EBIT
29.12
EV/EBITDA
16.36
EV/Sales
9.11
SKT's price to earnings (P/E) is 22% higher than its last 4 quarters average of 24.9
SKT's EPS is up by 19% YoY and by 4.8% QoQ
The P/B is 69% higher than the 5-year quarterly average of 3.4 and 30% higher than the last 4 quarters average of 4.4
SKT's P/S is 77% above its 5-year quarterly average of 3.5 and 29% above its last 4 quarters average of 4.8
SKT's revenue is up by 3.5% YoY

Efficiency

How efficient is Tanger Factory Outlet Centers business performance
Tanger Factory Outlet Centers's return on equity has increased by 22% YoY and by 4.9% QoQ
SKT's ROA is up by 19% YoY and by 4.9% QoQ
SKT's ROS is up by 11% YoY
Tanger Factory Outlet Centers's return on invested capital has increased by 11% YoY and by 2.6% QoQ

Dividends

What is SKT's dividend history
DPS
$0.97
Dividend yield
3.64%
Payout ratio
110.2%
Recent dividends

Financial health

How did Tanger Factory Outlet Centers financials performed over time
Tanger Factory Outlet Centers's total assets is 30% higher than its total liabilities
The total liabilities has increased by 3.1% YoY
Tanger Factory Outlet Centers's total assets has increased by 2.2% YoY
The debt to equity has increased by 2.3% YoY
Tanger Factory Outlet Centers's debt has increased by 2% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.