Tanger
About: Tanger Inc is a leading owner and operator of outlet and open-air retail shopping destinations. Tanger's portfolio of 38 outlet centers and one open-air lifestyle center comprises over 15 million square feet well positioned across tourist destinations and vibrant markets in U.S. states and Canada.
Employees: 407
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
75% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 28
58% more call options, than puts
Call options by funds: $39.5M | Put options by funds: $25M
22% more capital invested
Capital invested by funds: $2.58B [Q2] → $3.15B (+$573M) [Q3]
6% more funds holding
Funds holding: 296 [Q2] → 315 (+19) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]
0.13% less ownership
Funds ownership: 87.03% [Q2] → 86.9% (-0.13%) [Q3]
11% less repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 112
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$33
1%
downside
Avg. target
$37
11%
upside
High target
$41
24%
upside
6 analyst ratings
3 positive
50%
3 neutral
50%
0 negative
0%
Deutsche Bank Omotayo Okusanya 67% 1-year accuracy 14 / 21 met price target | 11%upside $37 | Hold Initiated | 17 Dec 2024 |
Goldman Sachs Caitlin Burrows 45% 1-year accuracy 10 / 22 met price target | 5%upside $35 | Neutral Maintained | 15 Nov 2024 |
Citigroup Michael Bilerman 50% 1-year accuracy 1 / 2 met price target | 24%upside $41 | Buy Maintained | 13 Nov 2024 |
B of A Securities Jeffrey Spector 60% 1-year accuracy 3 / 5 met price target | 21%upside $40 | Buy Upgraded | 11 Nov 2024 |
Evercore ISI Group Samir Khanal 0% 1-year accuracy 0 / 4 met price target | 1%downside $33 | In-Line Maintained | 7 Nov 2024 |
Financial journalist opinion
Based on 10 articles about SKT published over the past 30 days
Positive
Seeking Alpha
18 hours ago
Tanger Factory: Time For Bottom Fishing
Tanger Inc. is a growth-focused REIT with a low FFO pay-out ratio, benefiting from a strong U.S. economy and consumer confidence. The trust's aggressive pricing strategy and robust demand for retail space led to a 14.4% rent uplift in Q3 2024. Tanger's low dividend pay-out ratio of 51% offers a high margin of safety, making it an attractive option for passive income investors.
Positive
The Motley Fool
19 hours ago
I'm Up 510% on This Stock -- but I'm Not Selling a Single Share
During the initial COVID-19 stock market crash, many stocks plunged, but retail real estate companies were hit harder than most. Since I bought shares of Tanger Factory Outlet Centers (SKT 1.03%) in early 2020, my investment is up by more than 500%, not including dividends.
Neutral
Business Wire
3 days ago
Tanger Declares Dividend Payable February 14, 2025
GREENSBORO, N.C.--(BUSINESS WIRE)--Tanger® (NYSE: SKT), a leading owner and operator of outlet and open-air retail shopping destinations, announced today that its Board of Directors declared a quarterly cash dividend of $0.275 per share, payable on February 14, 2025 to common shareholders of record on January 31, 2025. About Tanger® Tanger Inc. (NYSE: SKT) is a leading owner and operator of outlet and open-air retail shopping destinations, with over 44 years of expertise in the retail and outle.
Positive
CNBC Television
6 days ago
Tanger CEO Stephen Yalof: Beauty retailers are 'great driver of traffic right now'
Stephen Yalof, Tanger CEO, joins 'Closing Bell Overtime' to talk consumer spending trends, the state of luxury retail, what kind of retailers are seeing foot traffic, and more.
Neutral
Business Wire
1 week ago
Tanger Schedules Fourth Quarter and Full Year 2024 Earnings Release and Conference Call
GREENSBORO, N.C.--(BUSINESS WIRE)--Tanger® (NYSE: SKT), a leading owner and operator of outlet and open-air retail shopping destinations, announced today that its financial results for the quarter and year ended December 31, 2024 will be released on Wednesday, February 19, 2025 after the market close. The Company will host its conference call for analysts, investors, and other interested parties on Thursday, February 20, 2025 at 8:30 a.m. Eastern Time. To access the conference call, listeners s.
Negative
Seeking Alpha
2 weeks ago
REITs To Avoid In 2025
Not all REITs are worth buying. Some property sectors are risky and overpriced. I present REITs to avoid in 2025.
Negative
Seeking Alpha
3 weeks ago
3 REITs To Sell Before 2025
REITs have strongly recovered. As a result, some have become overvalued. I highlight 3 REITs to sell before 2025.
Negative
Zacks Investment Research
3 weeks ago
After Plunging -7.21% in 4 Weeks, Here's Why the Trend Might Reverse for Tanger (SKT)
The heavy selling pressure might have exhausted for Tanger (SKT) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Neutral
Seeking Alpha
3 weeks ago
How To Become A Real Estate Tycoon (My Blueprint Revealed)
Embracing negativity and learning from setbacks fueled my journey to become a top analyst on Seeking Alpha, focusing on fundamental analysis. Second-level thinking, as taught by mentors like Chuck Carnevale, is crucial for long-term investment success, emphasizing earnings over emotions. REITs, particularly Realty Income, offer strong potential due to their scale, diversification, and disciplined risk management, making them attractive for 2025.
Neutral
Zacks Investment Research
3 weeks ago
Tanger (SKT) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?
After losing some value lately, a hammer chart pattern has been formed for Tanger (SKT), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.
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