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

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%.
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).
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.
  • 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%.
Issuer Forecast Upside
Wallstreet Target Price 38 10.7%
Analysts Target Price 22.7 -33.9%
ValueRay Target Price 43.1 25.5%