SKT Tanger Factory Outlet Centers Inc
- Stocks
- Real Estate
- NYSE: SKT
Price (delayed)
$31.61
Market cap
$3.58B
P/E Ratio
35.12
Dividend/share
$1.14
EPS
$0.9
Enterprise value
$5.18B
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 30% lower than its 5-year quarterly average of 50.0 and 6% lower than its last 4 quarters average of 37.2
The equity has increased by 15% year-on-year
SKT's EPS is up by 4.7% QoQ but it is down by 2.2% YoY
Tanger Factory Outlet Centers's debt has increased by 4.2% YoY but it has decreased by 2.3% QoQ
Key stats
What are the main financial stats of SKT
Market
Valuations
Earnings
Shares outstanding
113.17M
Market cap
$3.58B
Enterprise value
$5.18B
Price to earnings (P/E)
35.12
Price to book (P/B)
5.63
Price to sales (P/S)
6.51
EV/EBIT
31.69
EV/EBITDA
16.82
EV/Sales
9.42
Revenue
$549.79M
Gross profit
$381.89M
Operating income
$155.52M
Net income
$100.63M
EBIT
$163.38M
EBITDA
$307.79M
Free cash flow
-$46.35M
Per share
Balance sheet
Liquidity
EPS
$0.9
EPS diluted
$0.88
Free cash flow per share
-$0.41
Book value per share
$5.61
Revenue per share
$4.86
TBVPS
$21.67
Total assets
$2.45B
Total liabilities
$1.79B
Debt
$1.61B
Equity
$635.17M
Working capital
N/A
Debt to equity
2.53
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.2
Margins
Efficiency
Dividend
EBITDA margin
56%
Gross margin
69.5%
Net margin
18.3%
Operating margin
28.3%
Return on assets
4.2%
Return on equity
16.2%
Return on invested capital
4.1%
Return on capital employed
N/A
Return on sales
29.7%
Dividend yield
3.59%
DPS
$1.14
Payout ratio
126.1%
SKT stock price
How has the Tanger Factory Outlet Centers stock price performed over time
Intraday
-0.16%
1 week
3.74%
1 month
-1.34%
1 year
13.58%
YTD
-7.38%
QTD
3.37%
Financial performance
How have Tanger Factory Outlet Centers's revenue and profit performed over time
Revenue
$549.79M
Gross profit
$381.89M
Operating income
$155.52M
Net income
$100.63M
Gross margin
69.5%
Net margin
18.3%
SKT's revenue is up by 11% YoY and by 2.2% QoQ
The gross profit rose by 11% YoY and by 2.4% QoQ
Tanger Factory Outlet Centers's operating income has increased by 10% YoY and by 4.2% from the previous quarter
Tanger Factory Outlet Centers's net margin has decreased by 8% YoY but it has increased by 3.4% 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
P/E
35.12
P/B
5.63
P/S
6.51
EV/EBIT
31.69
EV/EBITDA
16.82
EV/Sales
9.42
SKT's price to earnings (P/E) is 30% lower than its 5-year quarterly average of 50.0 and 6% lower than its last 4 quarters average of 37.2
SKT's EPS is up by 4.7% QoQ but it is down by 2.2% YoY
The P/B is 31% higher than the 5-year quarterly average of 4.3 but 4.6% lower than the last 4 quarters average of 5.9
The equity has increased by 15% year-on-year
SKT's P/S is 33% above its 5-year quarterly average of 4.9 but 6% below its last 4 quarters average of 6.9
SKT's revenue is up by 11% YoY and by 2.2% QoQ
Efficiency
How efficient is Tanger Factory Outlet Centers business performance
Tanger Factory Outlet Centers's return on equity has decreased by 11% YoY but it has increased by 2.5% QoQ
SKT's ROA is up by 5% QoQ but it is down by 2.3% YoY
Tanger Factory Outlet Centers's return on invested capital has increased by 2.5% QoQ and by 2.5% YoY
SKT's ROS is down by 2.9% YoY
Dividends
What is SKT's dividend history
DPS
$1.14
Dividend yield
3.59%
Payout ratio
126.1%
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 37% higher than its total liabilities
Tanger Factory Outlet Centers's total assets has increased by 7% YoY
The total liabilities has increased by 4.4% YoY
Tanger Factory Outlet Centers's debt is 153% higher than its equity
The equity has increased by 15% year-on-year
The debt to equity has decreased by 9% YoY and by 2.7% from the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.