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SKT Tanger Factory Outlet Centers Inc
- Stocks
- Real Estate
- NYSE: SKT
Price (delayed)
$31.64
Market cap
$3.58B
P/E Ratio
36.79
Dividend/share
$1.12
EPS
$0.86
Enterprise value
$5.22B
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 gross profit rose by 13% YoY
SKT's revenue is up by 12% YoY and by 2.3% QoQ
The equity has increased by 14% year-on-year but it has declined by 2.8% since the previous quarter
Tanger Factory Outlet Centers's debt has increased by 9% QoQ and by 6% YoY
SKT's EPS is down by 7% YoY and by 3.4% QoQ
Key stats
What are the main financial stats of SKT
Market
Valuations
Earnings
Shares outstanding
113.17M
Market cap
$3.58B
Enterprise value
$5.22B
Price to earnings (P/E)
36.79
Price to book (P/B)
5.63
Price to sales (P/S)
6.63
EV/EBIT
33.14
EV/EBITDA
17.43
EV/Sales
9.7
Revenue
$538.06M
Gross profit
$372.97M
Operating income
$149.22M
Net income
$95.38M
EBIT
$157.44M
EBITDA
$299.42M
Free cash flow
-$61.78M
Per share
Balance sheet
Liquidity
EPS
$0.86
EPS diluted
$0.84
Free cash flow per share
-$0.55
Book value per share
$5.62
Revenue per share
$4.77
TBVPS
$21.97
Total assets
$2.48B
Total liabilities
$1.82B
Debt
$1.65B
Equity
$633.9M
Working capital
N/A
Debt to equity
2.6
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.47
Margins
Efficiency
Dividend
EBITDA margin
55.6%
Gross margin
69.3%
Net margin
17.7%
Operating margin
27.7%
Return on assets
4%
Return on equity
15.8%
Return on invested capital
4%
Return on capital employed
N/A
Return on sales
29.3%
Dividend yield
3.53%
DPS
$1.12
Payout ratio
130%
SKT stock price
How has the Tanger Factory Outlet Centers stock price performed over time
Intraday
4.8%
1 week
8.02%
1 month
2.2%
1 year
13.73%
YTD
-7.3%
QTD
-6.36%
Financial performance
How have Tanger Factory Outlet Centers's revenue and profit performed over time
Revenue
$538.06M
Gross profit
$372.97M
Operating income
$149.22M
Net income
$95.38M
Gross margin
69.3%
Net margin
17.7%
Tanger Factory Outlet Centers's net margin has decreased by 14% YoY and by 5% QoQ
The gross profit rose by 13% YoY
SKT's revenue is up by 12% YoY and by 2.3% QoQ
Tanger Factory Outlet Centers's operating income has increased by 10% YoY
Price vs fundamentals
How does SKT's price correlate with its fundamentals
Growth
What is Tanger Factory Outlet Centers's growth rate over time
Valuation
What is Tanger Factory Outlet Centers stock price valuation
P/E
36.79
P/B
5.63
P/S
6.63
EV/EBIT
33.14
EV/EBITDA
17.43
EV/Sales
9.7
SKT's EPS is down by 7% YoY and by 3.4% QoQ
SKT's price to earnings (P/E) is 2.8% lower than its last 4 quarters average of 36.1
The P/B is 28% higher than the 5-year quarterly average of 4.2 but 9% lower than the last 4 quarters average of 5.9
The equity has increased by 14% year-on-year but it has declined by 2.8% since the previous quarter
SKT's P/S is 38% above its 5-year quarterly average of 4.6 but 7% below its last 4 quarters average of 6.8
SKT's revenue is up by 12% YoY and by 2.3% QoQ
Efficiency
How efficient is Tanger Factory Outlet Centers business performance
Tanger Factory Outlet Centers's return on equity has decreased by 16% YoY and by 7% QoQ
SKT's ROA is down by 7% QoQ and by 7% YoY
SKT's ROS is down by 5% YoY and by 3.3% QoQ
Tanger Factory Outlet Centers's return on invested capital has decreased by 4.8% QoQ
Dividends
What is SKT's dividend history
DPS
$1.12
Dividend yield
3.53%
Payout ratio
130%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Tanger Factory Outlet Centers financials performed over time
Tanger Factory Outlet Centers's total assets is 36% higher than its total liabilities
Tanger Factory Outlet Centers's total assets has increased by 8% YoY and by 4.1% QoQ
The total liabilities has increased by 7% QoQ and by 6% YoY
Tanger Factory Outlet Centers's debt is 160% higher than its equity
The equity has increased by 14% year-on-year but it has declined by 2.8% since the previous quarter
The debt to equity has increased by 13% from the previous quarter but it has decreased by 7% YoY
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.