SKT Tanger Factory Outlet Centers Inc

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

Price (delayed)

$40.02

Market cap

$4.6B

P/E Ratio

36.72

Dividend/share

$1.19

EPS

$1.09

Enterprise value

$6.31B

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Relative Growth: Rel. Growth: 74
Relative Strength: Rel. Strength: 67
Relative Valuation: Rel. Valuation: 39
Relative Profitability: Rel. Profitability: 85

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 30% YoY and by 8% from the previous quarter
SKT's EPS is up by 27% YoY and by 8% QoQ
SKT's price to earnings (P/E) is 22% lower than its 5-year quarterly average of 47.3 but 10% higher than its last 4 quarters average of 33.5
The equity has increased by 6% year-on-year but it has declined by 5% since the previous quarter
Tanger Factory Outlet Centers's debt has increased by 19% YoY and by 16% QoQ
Sector: Real Estate
Industry: REIT - Retail
Website: http://www.tangeroutlet.com
Peers: CRI VFC GAP RL

Key stats

What are the main financial stats of SKT

SKT stock price

How has the Tanger Factory Outlet Centers stock price performed over time
Intraday
1.83%
1 week
-0.87%
1 month
12.73%
1 year
30.78%
YTD
19.93%
QTD
17.78%

Financial performance

How have Tanger Factory Outlet Centers's revenue and profit performed over time
Revenue
$596.62M
Gross profit
$415.2M
Operating income
$181.2M
Net income
$123.84M
Gross margin
69.6%
Net margin
20.8%
The net income has grown by 30% YoY and by 8% from the previous quarter
Tanger Factory Outlet Centers's operating income has increased by 21% YoY and by 6% from the previous quarter
Tanger Factory Outlet Centers's net margin has increased by 18% YoY and by 6% QoQ
SKT's revenue is up by 11% YoY and by 2.6% QoQ

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
SKT P/E details
P/E
36.72
P/B
6.87
P/S
7.72
EV/EBIT
32.68
EV/EBITDA
18.17
EV/Sales
10.58
SKT's EPS is up by 27% YoY and by 8% QoQ
SKT's price to earnings (P/E) is 22% lower than its 5-year quarterly average of 47.3 but 10% higher than its last 4 quarters average of 33.5
The P/B is 43% higher than the 5-year quarterly average of 4.8 and 25% higher than the last 4 quarters average of 5.5
The equity has increased by 6% year-on-year but it has declined by 5% since the previous quarter
SKT's P/S is 40% above its 5-year quarterly average of 5.5 and 17% above its last 4 quarters average of 6.6
SKT's revenue is up by 11% YoY and by 2.6% QoQ

Efficiency

How efficient is Tanger Factory Outlet Centers business performance
SKT's ROA is up by 18% YoY and by 4.4% QoQ
Tanger Factory Outlet Centers's return on equity has increased by 15% YoY and by 6% QoQ
Tanger Factory Outlet Centers's return on invested capital has increased by 13% YoY and by 4.7% QoQ
SKT's ROS is up by 11% YoY and by 4.2% QoQ

Dividends

What is SKT's dividend history
Dividend details
DPS
$1.19
Dividend yield
2.97%
Payout ratio
109.2%
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 33% higher than its total liabilities
The total liabilities has increased by 18% YoY and by 11% QoQ
Tanger Factory Outlet Centers's total assets has increased by 14% YoY and by 7% QoQ
Tanger Factory Outlet Centers's debt is 192% higher than its equity
The debt to equity has increased by 22% from the previous quarter and by 12% YoY
Tanger Factory Outlet Centers's debt has increased by 19% YoY and by 16% QoQ

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