SKT Tanger Factory Outlet Centers Inc

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

Price (delayed)

$18.92

Market cap

$1.98B

P/E Ratio

24.26

Dividend/share

$1.64

EPS

$0.78

Enterprise value

$3.28B

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
SKT's price to earnings (P/E) is 34% lower than its last 4 quarters average of 37.0
The net income has grown by 7% from the previous quarter
Tanger Factory Outlet Centers's debt has increased by 2.2% QoQ and 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
104.5M
Market cap
$1.98B
Enterprise value
$3.28B
Valuations
Price to earnings (P/E)
24.26
Price to book (P/B)
4.02
Price to sales (P/S)
4.46
EV/EBIT
25.43
EV/EBITDA
13.62
EV/Sales
7.41
Earnings
Revenue
$442.61M
EBIT
$129.03M
EBITDA
$240.93M
Free cash flow
$141.61M
Per share
EPS
$0.78
Free cash flow per share
$1.36
Book value per share
$4.71
Revenue per share
$4.24
TBVPS
$21.25
Balance sheet
Total assets
$2.22B
Total liabilities
$1.7B
Debt
$1.52B
Equity
$491.64M
Working capital
N/A
Liquidity
Debt to equity
3.08
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.41
Margins
EBITDA margin
54.4%
Gross margin
67.5%
Net margin
18.5%
Operating margin
26%
Efficiency
Return on assets
3.8%
Return on equity
16.7%
Return on invested capital
3.7%
Return on capital employed
N/A
Return on sales
29.2%
Dividend
Dividend yield
8.67%
DPS
$1.64
Payout ratio
210.3%

SKT stock price

How has the Tanger Factory Outlet Centers stock price performed over time
Intraday
0.96%
1 week
4.01%
1 month
0.21%
1 year
11.1%
YTD
5.46%
QTD
5.46%

Financial performance

How have Tanger Factory Outlet Centers's revenue and profit performed over time
Revenue
$442.61M
Gross profit
$298.68M
Operating income
$115.24M
Net income
$82.06M
Gross margin
67.5%
Net margin
18.5%
Tanger Factory Outlet Centers's operating income has increased by 12% YoY and by 2% from the previous quarter
The operating margin has increased by 8% YoY
The net income has grown by 7% from the previous quarter
Tanger Factory Outlet Centers's net margin has increased by 6% QoQ

Growth

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

Valuation

What is Tanger Factory Outlet Centers stock price valuation
P/E
24.26
P/B
4.02
P/S
4.46
EV/EBIT
25.43
EV/EBITDA
13.62
EV/Sales
7.41
SKT's price to earnings (P/E) is 34% lower than its last 4 quarters average of 37.0
SKT's EPS is up by 5% QoQ
The P/B is 22% higher than the 5-year quarterly average of 3.3 and 22% higher than the last 4 quarters average of 3.3
The equity has increased by 2.9% year-on-year
SKT's P/S is 31% above its 5-year quarterly average of 3.4 and 21% above its last 4 quarters average of 3.7
SKT's revenue is up by 3.8% YoY

Efficiency

How efficient is Tanger Factory Outlet Centers business performance
Tanger Factory Outlet Centers's return on invested capital has surged by 106% YoY and by 2.8% QoQ
SKT's ROS has soared by 101% YoY and by 3.5% QoQ
Tanger Factory Outlet Centers's return on equity has increased by 6% QoQ
SKT's ROA is up by 6% QoQ

Dividends

What is SKT's dividend history
DPS
$1.64
Dividend yield
8.67%
Payout ratio
210.3%
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 3.8% QoQ and by 2.8% YoY
Tanger Factory Outlet Centers's total assets has increased by 2.8% YoY and by 2.8% QoQ
The equity has increased by 2.9% year-on-year
Tanger Factory Outlet Centers's debt has increased by 2.2% QoQ and by 2% YoY

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