SKT 📈 Tanger Factory Outlet - Overview
Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US8754651060
SKT: Outlet Stores, Shopping Centers, Retail Space
Tanger Inc. (NYSE: SKT) is a leading owner and operator of outlet and open-air retail shopping destinations, with over 43 years of expertise in the retail and outlet shopping industries. Tanger's portfolio of 38 outlet centers, one adjacent managed center and one open-air lifestyle center comprises over 15 million square feet well positioned across tourist destinations and vibrant markets in 20 U.S. states and Canada. A publicly traded REIT since 1993, Tanger continues to innovate the retail experience for its shoppers with over 3,000 stores operated by more than 700 different brand name companies. Tanger is furnishing a Form 8-K with the Securities and Exchange Commission (SEC) that includes a supplemental information package for the quarter and year ended December 31, 2023. Web URL: https://www.tangeroutlets.com
Additional Sources for SKT Stock
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
SKT Stock Overview
Market Cap in USD | 4,107m |
Sector | Real Estate |
Industry | REIT - Retail |
GiC Sub-Industry | Retail REITs |
IPO / Inception | 1993-05-27 |
SKT Stock Ratings
Growth 5y | 83.7% |
Fundamental | 17.0% |
Dividend | 48.3% |
Rel. Strength Industry | 699 |
Analysts | 3.88/5 |
Fair Price Momentum | 39.65 USD |
Fair Price DCF | 56.77 USD |
SKT Dividends
Dividend Yield 12m | 3.16% |
Yield on Cost 5y | 9.58% |
Annual Growth 5y | -7.27% |
Payout Consistency | 98.3% |
SKT Growth Ratios
Growth Correlation 3m | 79.4% |
Growth Correlation 12m | 75.6% |
Growth Correlation 5y | 93.3% |
CAGR 5y | 24.76% |
CAGR/Mean DD 5y | 1.44 |
Sharpe Ratio 12m | 1.00 |
Alpha | -2.74 |
Beta | 1.18 |
Volatility | 19.81% |
Current Volume | 2709.5k |
Average Volume 20d | 753.6k |
What is the price of SKT stocks?
As of December 22, 2024, the stock is trading at USD 34.34 with a total of 2,709,497 shares traded.
Over the past week, the price has changed by -3.24%, over one month by -5.92%, over three months by +8.39% and over the past year by +25.90%.
As of December 22, 2024, the stock is trading at USD 34.34 with a total of 2,709,497 shares traded.
Over the past week, the price has changed by -3.24%, over one month by -5.92%, over three months by +8.39% and over the past year by +25.90%.
Is Tanger Factory Outlet a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, Tanger Factory Outlet is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 17.03 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of SKT as of December 2024 is 39.65. This means that SKT is currently undervalued and has a potential upside of +15.46% (Margin of Safety).
Neither. Based on ValueRay Fundamental Analyses, Tanger Factory Outlet is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 17.03 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of SKT as of December 2024 is 39.65. This means that SKT is currently undervalued and has a potential upside of +15.46% (Margin of Safety).
Is SKT a buy, sell or hold?
Tanger Factory Outlet has received a consensus analysts rating of 3.88. Therefor, it is recommend to buy SKT.
Tanger Factory Outlet has received a consensus analysts rating of 3.88. Therefor, it is recommend to buy SKT.
- Strong Buy: 3
- Buy: 1
- Hold: 4
- Sell: 0
- Strong Sell: 0
What are the forecast for SKT stock price target?
According to ValueRays Forecast Model, SKT Tanger Factory Outlet will be worth about 43.1 in December 2025. The stock is currently trading at 34.34. This means that the stock has a potential upside of +25.54%.
According to ValueRays Forecast Model, SKT Tanger Factory Outlet will be worth about 43.1 in December 2025. The stock is currently trading at 34.34. This means that the stock has a potential upside of +25.54%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 38 | 10.7% |
Analysts Target Price | 22.7 | -33.9% |
ValueRay Target Price | 43.1 | 25.5% |