SKT Tanger Factory Outlet Centers Inc

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

Price (delayed)

$26.67

Market cap

$2.9B

P/E Ratio

28.37

Dividend/share

$1.01

EPS

$0.94

Enterprise value

$4.42B

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 21% YoY and by 6% from the previous quarter
SKT's EPS is up by 21% YoY and by 7% QoQ
SKT's price to earnings (P/E) is 7% higher than its last 4 quarters average of 26.5
Sector: Real Estate
Industry: REIT - Retail
Website: http://www.tangeroutlet.com
Peers: HBI CRI VFC GPS

Key stats

What are the main financial stats of SKT
Market
Shares outstanding
108.92M
Market cap
$2.9B
Enterprise value
$4.42B
Valuations
Price to earnings (P/E)
28.37
Price to book (P/B)
4.96
Price to sales (P/S)
6.05
EV/EBIT
30.03
EV/EBITDA
17.26
EV/Sales
9.51
Earnings
Revenue
$464.41M
EBIT
$147.08M
EBITDA
$255.97M
Free cash flow
-$229.05M
Per share
EPS
$0.94
Free cash flow per share
-$2.17
Book value per share
$5.38
Revenue per share
$4.41
TBVPS
$22.06
Balance sheet
Total assets
$2.32B
Total liabilities
$1.73B
Debt
$1.53B
Equity
$566.79M
Working capital
N/A
Liquidity
Debt to equity
2.69
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.91
Margins
EBITDA margin
55.1%
Gross margin
68.7%
Net margin
21.4%
Operating margin
28.8%
Efficiency
Return on assets
4.5%
Return on equity
19.6%
Return on invested capital
4.1%
Return on capital employed
N/A
Return on sales
31.7%
Dividend
Dividend yield
3.79%
DPS
$1.01
Payout ratio
107.4%

SKT stock price

How has the Tanger Factory Outlet Centers stock price performed over time
Intraday
-0.56%
1 week
-0.34%
1 month
-6.45%
1 year
39.41%
YTD
-3.79%
QTD
-9.69%

Financial performance

How have Tanger Factory Outlet Centers's revenue and profit performed over time
Revenue
$464.41M
Gross profit
$318.86M
Operating income
$133.84M
Net income
$99.15M
Gross margin
68.7%
Net margin
21.4%
The net income has grown by 21% YoY and by 6% from the previous quarter
Tanger Factory Outlet Centers's net margin has increased by 16% YoY and by 3.4% QoQ
Tanger Factory Outlet Centers's operating income has increased by 16% YoY and by 6% from the previous quarter
The operating margin has increased by 11% YoY and by 3.2% QoQ

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
28.37
P/B
4.96
P/S
6.05
EV/EBIT
30.03
EV/EBITDA
17.26
EV/Sales
9.51
SKT's EPS is up by 21% YoY and by 7% QoQ
SKT's price to earnings (P/E) is 7% higher than its last 4 quarters average of 26.5
The P/B is 46% higher than the 5-year quarterly average of 3.4 and 3.3% higher than the last 4 quarters average of 4.8
The equity has increased by 16% since the previous quarter and by 15% year-on-year
SKT's P/S is 68% above its 5-year quarterly average of 3.6 and 14% above its last 4 quarters average of 5.3
SKT's revenue is up by 4.9% YoY and by 2.4% QoQ

Efficiency

How efficient is Tanger Factory Outlet Centers business performance
SKT's ROA is up by 18% YoY and by 4.7% QoQ
Tanger Factory Outlet Centers's return on equity has increased by 17% YoY and by 2.1% QoQ
Tanger Factory Outlet Centers's return on invested capital has increased by 11% YoY and by 2.5% QoQ
SKT's ROS is up by 9% YoY

Dividends

What is SKT's dividend history
DPS
$1.01
Dividend yield
3.79%
Payout ratio
107.4%
Recent dividends

Financial health

How did Tanger Factory Outlet Centers financials performed over time
Tanger Factory Outlet Centers's total assets is 34% higher than its total liabilities
Tanger Factory Outlet Centers's total assets has increased by 5% QoQ and by 4.8% YoY
The total liabilities has increased by 2.4% QoQ
Tanger Factory Outlet Centers's debt is 169% higher than its equity
The equity has increased by 16% since the previous quarter and by 15% year-on-year
The debt to equity has decreased by 13% from the previous quarter and by 13% YoY

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