CSIMarket Company Name, Ticker, Industry, else..
 
Tanger Inc  (SKT)
Other Ticker:  
 
 
Price: $33.6400 $0.00 0.000%
Day's High: $33.81 Week Perf: 0.48 %
Day's Low: $ 33.43 30 Day Perf: 5.69 %
Volume (M): 359 52 Wk High: $ 34.13
Volume (M$): $ 12,077 52 Wk Avg: $27.82
Open: $33.59 52 Wk Low: $21.42



 Market Capitalization (Millions $) 3,751
 Shares Outstanding (Millions) 112
 Employees 364
 Revenues (TTM) (Millions $) 464
 Net Income (TTM) (Millions $) 104
 Cash Flow (TTM) (Millions $) -199
 Capital Exp. (TTM) (Millions $) 459

Tanger Inc
Tanger Factory Outlet Centers Inc. is an American real estate investment trust that is focused on the development, ownership and management of outlet shopping centers in the United States and Canada. The company was founded in 1981 by Stanley Tanger, and it is headquartered in Greensboro, North Carolina.

Tanger Factory Outlet Centers Inc. currently owns and operates over 40 outlet shopping centers in 20 states, with a total retail space of approximately 14.1 million square feet. The company's centers are typically located in high-traffic, tourist-oriented areas and offer a wide range of brand name and designer merchandise at discounted prices.

The company's portfolio of properties includes a mix of traditional outlet centers, regional power centers, and mixed-use developments. Tanger Factory Outlet Centers Inc. also provides a range of leasing services and amenities to tenants, including advertising, marketing, and promotional support, as well as customer service and security.

In addition to its core business of outlet center development and management, Tanger Factory Outlet Centers Inc. is actively involved in sustainable development and environmental stewardship. The company has implemented a range of green initiatives across its properties, including building energy-efficient facilities, conducting water and energy audits, and implementing recycling programs.

Tanger Factory Outlet Centers Inc. is publicly traded on the New York Stock Exchange under the ticker symbol "SKT." The company has a strong financial position and a long history of consistent dividend payments, with a current dividend yield of around 6%. Overall, Tanger Factory Outlet Centers Inc. is a well-established and reputable player in the outlet shopping industry, with a focus on delivering value to both its tenants and customers.


   Company Address: 3200 Northline Avenue Greensboro 27408 NC
   Company Phone Number: 292-3010   Stock Exchange / Ticker: NYSE SKT


   

Stock Performances by Major Competitors

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Tanger Inc

Investors Cheer as Tanger Inc's Fourth Quarter Earnings Exceed Expectations

Tanger Inc, also known as Tanger Factory Outlet Centers Inc, is a Real Estate Investment Trusts (REITs) company that specializes in owning and operating outlet and open-air retail shopping centers. The company has recently reported positive financial results for the financial span ending December 31, 2023.
According to the financial report, Tanger Inc's earnings per share (EPS) increased by an impressive 32.85% to $0.24 compared to the previous year's financial reporting period. The company also experienced a revenue growth of 9.459% to $127.48 million, up from $116.46 million in the prior year.
Tanger Factory Outlet Centers Inc

Tanger Factory Outlet Centers Inc. Achieves Impressive 18.18% Increase in Earnings per Share during July to September 2023 Interval



Tanger Factory Outlet Centers Inc, a prominent player in the Real Estate Investment Trusts (REITs) industry, has demonstrated commendable financial performance in the third quarter of 2023. The company's revenue for the July to September 30 interval surged by 5.294% to $117.35 million, compared to $111.45 million in the previous year's reporting period. Furthermore, Tanger's income rose by 18.18% to $0.26 per share, as opposed to $0.22 in the prior year's financial reporting period.
The real estate investment trust's revenue growth during this period outpaced industry peers, with an average improvement of 4.23%. The company's revenue also witnessed a 6.06% increase from $110.64 million in the previous period. Moreover, earnings per share experienced a significant boost, rising by 13.04% from $0.23 per share.
Tanger Factory Outlet Centers Inc

Surging Profits: Tanger Factory Outlet Centers Inc Unveils Stellar 21.05% Bottom-Line Growth, Gently Accelerating Top-Line in Q2 2023

Tanger Factory Outlet Centers Inc, a renowned real estate investment trust (REIT), has revealed its financial performance for the time-frame ending June 30, 2023. The company's bottom-line has seen a substantial increase of 21.05%, reaching $0.23 per share compared to $0.19 per share in the same period last year. Additionally, Tanger's income has improved by 4.55% from the preceding quarter, now standing at $0.22 per share.
Notably, Tanger Factory Outlet Centers Inc's revenue has experienced moderate growth, increasing by 4.538% to $110.64 million compared to $105.84 million in the comparable quarter of the previous year. Sequentially, the revenue grew by 1.559% from $108.94 million. When compared to other companies in the real estate investment trusts sector, Tanger's revenue growth in the second quarter of 2023 outperforms its contemporaries, with an overall business advance of 4.45% during the same period.
Tanger Factory Outlet Centers Inc

Double Digit Income per Share rise by 15.79 % with a sensible revenue enhancement the SKT in the first quarter of 2023 earnings season

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Tanger Inc's Segments

  Tanger Inc Outlook

On February 15 2024 the Tanger Inc provided following guidance

Tanger Factory Outlet Centers Inc. has released its fourth quarter and full year 2023 results, along with guidance for 2024. The company expanded its portfolio by adding three new centers during the year, marking its 8th consecutive quarter of positive rent spreads. The company's balance sheet remains strong and well-positioned for growth.

The report, released on February 15, 2024, highlights Tanger's continued success in the outlet and open-air retail shopping sector. Tanger Factory Outlet Centers Inc., traded on the NYSE under the ticker symbol SKT, remains a leader in the industry.

The company's performance in 2023 has positioned it for continued success in 2024. Tanger's focus on providing ...





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