Tanger Factory Outlet Centers, Inc. (SKT)
Company Info
| ISIN | US8754651060 |
|---|---|
| CUSIP | 875465106 |
| Sector | Real Estate |
| Industry | REIT - Retail |
| IPO Date | May 27, 1993 |
Highlights
| Market Cap | $3.98B |
|---|---|
| EPS (TTM) | $0.87 |
| PE Ratio | 41.31 |
| PEG Ratio | 3.65 |
| Total Revenue (TTM) | $512.80M |
| Gross Profit (TTM) | $258.42M |
| EBITDA (TTM) | $316.09M |
| Year Range | $23.83 - $36.46 |
| Target Price | $33.71 |
| Short % | 6.12% |
| Short Ratio | 6.21 |
Share Price Chart
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Compare to other instruments
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Popular comparisons: SKT vs. COST, SKT vs. SPY, SKT vs. MAC, SKT vs. VOO, SKT vs. OHI, SKT vs. QQQ, SKT vs. SPG, SKT vs. AAPL
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Tanger Factory Outlet Centers, Inc., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Tanger Factory Outlet Centers, Inc. had a return of 33.28% year-to-date (YTD) and 45.00% in the last 12 months. Over the past 10 years, Tanger Factory Outlet Centers, Inc. had an annualized return of 5.16%, while the S&P 500 had an annualized return of 11.39%, indicating that Tanger Factory Outlet Centers, Inc. did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 33.28% | 25.48% |
| 1 month | 6.75% | 2.14% |
| 6 months | 28.15% | 12.76% |
| 1 year | 45.00% | 33.14% |
| 5 years (annualized) | 22.96% | 13.96% |
| 10 years (annualized) | 5.16% | 11.39% |
Monthly Returns
The table below presents the monthly returns of SKT, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -2.05% | 7.10% | 2.50% | -3.07% | -2.12% | -2.31% | 7.62% | 5.33% | 9.00% | 0.97% | 33.28% | ||
| 2023 | 7.75% | -1.15% | 3.92% | 1.26% | 3.88% | 8.35% | 7.20% | -0.68% | -2.80% | 0.99% | 10.69% | 11.06% | 62.06% |
| 2022 | -10.78% | -1.94% | 3.06% | -5.03% | 8.56% | -18.79% | 15.88% | -5.22% | -11.28% | 33.33% | 8.00% | -7.76% | -2.31% |
| 2021 | 56.48% | 2.01% | -3.88% | 16.46% | 0.46% | 7.53% | -7.98% | -2.62% | -2.51% | 4.19% | 17.92% | -2.68% | 101.62% |
| 2020 | 1.64% | -18.11% | -58.26% | 58.07% | -18.22% | 15.93% | -9.82% | -11.51% | 5.98% | 2.65% | 52.67% | 5.40% | -27.28% |
| 2019 | 14.25% | -5.10% | -2.83% | -12.28% | -6.09% | -4.42% | 0.11% | -10.96% | 9.48% | 6.36% | -5.58% | -3.22% | -21.33% |
| 2018 | -3.72% | -11.36% | -1.43% | 1.39% | -2.10% | 9.31% | 3.06% | 0.88% | -4.90% | -1.17% | 6.24% | -14.50% | -18.99% |
| 2017 | -3.53% | -0.94% | -3.25% | -3.81% | -16.45% | -0.31% | 3.03% | -11.46% | 4.36% | -5.43% | 10.07% | 5.87% | -22.29% |
| 2016 | -1.30% | 0.28% | 13.44% | -2.72% | 0.40% | 14.08% | 4.71% | -2.64% | -4.13% | -9.85% | -0.95% | 3.80% | 13.33% |
| 2015 | 7.11% | -9.91% | -0.79% | -3.72% | 0.15% | -5.74% | 3.38% | -2.59% | 4.20% | 6.86% | -4.69% | -1.21% | -8.14% |
| 2014 | 4.95% | 2.79% | 2.01% | 2.63% | -0.73% | -1.27% | -0.24% | 0.75% | -6.27% | 10.07% | 2.26% | 1.04% | 18.59% |
| 2013 | 4.18% | -0.37% | 2.52% | 3.23% | -7.11% | -2.96% | -2.45% | -4.87% | 5.84% | 7.42% | -5.11% | -3.18% | -4.02% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of SKT is 90, placing it in the top 10% of stocks on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Tanger Factory Outlet Centers, Inc. (SKT) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Tanger Factory Outlet Centers, Inc. provided a 3.05% dividend yield over the last twelve months, with an annual payout of $1.09 per share. The company has been increasing its dividends for 3 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.09 | $0.97 | $0.80 | $0.72 | $0.71 | $1.42 | $1.39 | $1.35 | $1.26 | $1.31 | $0.95 | $0.89 |
Dividend yield | 3.05% | 3.50% | 4.48% | 3.72% | 7.16% | 9.61% | 6.89% | 5.11% | 3.52% | 3.99% | 2.56% | 2.76% |
Monthly Dividends
The table displays the monthly dividend distributions for Tanger Factory Outlet Centers, Inc.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.26 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.28 | $0.00 | $1.09 | |
| 2023 | $0.22 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.97 |
| 2022 | $0.18 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.80 |
| 2021 | $0.18 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.72 |
| 2020 | $0.36 | $0.00 | $0.00 | $0.36 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.71 |
| 2019 | $0.35 | $0.00 | $0.00 | $0.36 | $0.00 | $0.00 | $0.36 | $0.00 | $0.00 | $0.36 | $0.00 | $0.00 | $1.42 |
| 2018 | $0.34 | $0.00 | $0.00 | $0.35 | $0.00 | $0.00 | $0.35 | $0.00 | $0.00 | $0.35 | $0.00 | $0.00 | $1.39 |
| 2017 | $0.33 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $1.35 |
| 2016 | $0.29 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $1.26 |
| 2015 | $0.24 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.29 | $0.00 | $0.21 | $1.31 |
| 2014 | $0.23 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.95 |
| 2013 | $0.21 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.89 |
Dividend Yield & Payout
Dividend Yield
Payout Ratio
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Tanger Factory Outlet Centers, Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Tanger Factory Outlet Centers, Inc. was 87.32%, occurring on Apr 3, 2020. Recovery took 933 trading sessions.
The current Tanger Factory Outlet Centers, Inc. drawdown is 1.33%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -87.32% | Aug 1, 2016 | 926 | Apr 3, 2020 | 933 | Dec 18, 2023 | 1859 |
| -40.74% | Sep 22, 2008 | 44 | Nov 20, 2008 | 311 | Feb 18, 2010 | 355 |
| -39.14% | Jul 23, 1998 | 56 | Oct 9, 1998 | 818 | Jan 14, 2002 | 874 |
| -37.66% | Mar 8, 1994 | 175 | Nov 14, 1994 | 634 | May 19, 1997 | 809 |
| -23.36% | Jan 23, 2015 | 266 | Feb 11, 2016 | 94 | Jun 27, 2016 | 360 |
Volatility
Volatility Chart
The current Tanger Factory Outlet Centers, Inc. volatility is 6.38%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Financials
Financial Performance
Valuation
The Valuation section provides an assessment of the market value of Tanger Factory Outlet Centers, Inc. compared to its peers in the REIT - Retail industry.
PE Ratio
The chart displays the price to earnings (P/E) ratio for SKT in comparison to other companies of the REIT - Retail industry. Currently, SKT has a PE value of 41.3. This PE ratio falls in the average range for the industry.PEG Ratio
The chart displays the price to earnings to growth (PEG) ratio for SKT in comparison to other companies of the REIT - Retail industry. Currently, SKT has a PEG value of 3.7. This PEG ratio falls in the average range for the industry.Historical P/E Ratio Chart
The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Tanger Factory Outlet Centers, Inc..
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Income Statement
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| Revenue | |
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Cost Of Revenue | — |
Gross Profit | — |
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Depreciation And Amortization | — |
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Operating Income | — |
EBITDA | — |
EBIT | — |
Earnings From Continuing Operations | — |
Net Income | — |
Income Tax Expense | — |
Other Non-Operating Income (Expenses) | — |
Extraordinary Items | — |
Discontinued Operations | — |
Effect Of Accounting Charges | — |
Non Recurring | — |
Minority Interest | — |
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Interest Income | — |
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Net Interest Income | — |