Tanger Inc.SKT

$39.13+0.45 (+1.16%)
NYSEReal Estate24:00 UTC

Company snapshot

Market Cap
$4B
Mid-cap
+14%
2016 — today
10-Year Price
-6%
2016 — today
52-Week Range
$29.52$40.61
Current $39.13· 87%

Tanger Inc. (NYSE: SKT) stands as a prominent owner and operator of outlet and open-air retail shopping destinations, leveraging over 43 years of extensive expertise within the retail and outlet sectors. Its expansive portfolio comprises 38 outlet centers, an adjacent managed facility, and an open-air lifestyle complex, collectively encompassing more than 15 million square feet. These properties are strategically situated in key tourist destinations and vibrant markets across 20 U.S. states and Canada. As a publicly traded Real Estate Investment Trust (REIT) since 1993, Tanger continually innovates the retail experience for its patrons, featuring over 3,000 stores powered by more than 700 distinct brand-name companies.

Valuation in context

P/E ratio
36.2
Above average
Pricier than usual over the last 10 years
P/B ratio
6.4
Near historic high
Near historic highs — last 10 years
EV / EBITDA
17.6
Historically pricey
Historically pricey — last 10 years
Dividend Yield
3.0%
Near historic low
Near historic low — last 10 years
FCF Yield
5.0%
Near historic low
Near historic low — last 10 years
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