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Tanger Factory Outlet Centers Inc (SKT)

Upturn stock ratingUpturn stock rating
$34.12
Last Close (24-hour delay)
Profit since last BUY8.73%
upturn advisory
Consider higher Upturn Star rating
BUY since 50 days
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Upturn Stock infoUpturn Stock info Stock price based on last close
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Time period over
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Upturn Advisory Summary

09/12/2025: SKT (2-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Number of Analysts

rating

10 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $35.55

1 Year Target Price $35.55

Analysts Price Target For last 52 week
$35.55 Target price
52w Low $28.38
Current$34.12
52w High $36.56

Analysis of Past Performance

Type Stock
Historic Profit 31.78%
Avg. Invested days 49
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/12/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 3.86B USD
Price to earnings Ratio 38.77
1Y Target Price 35.55
Price to earnings Ratio 38.77
1Y Target Price 35.55
Volume (30-day avg) 10
Beta 1.33
52 Weeks Range 28.38 - 36.56
Updated Date 09/14/2025
52 Weeks Range 28.38 - 36.56
Updated Date 09/14/2025
Dividends yield (FY) 3.29%
Basic EPS (TTM) 0.88

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 17.94%
Operating Margin (TTM) 33.23%

Management Effectiveness

Return on Assets (TTM) 4.5%
Return on Equity (TTM) 16.93%

Valuation

Trailing PE 38.77
Forward PE 31.85
Enterprise Value 5461464084
Price to Sales(TTM) 6.88
Enterprise Value 5461464084
Price to Sales(TTM) 6.88
Enterprise Value to Revenue 9.93
Enterprise Value to EBITDA 17.5
Shares Outstanding 113174000
Shares Floating 110447644
Shares Outstanding 113174000
Shares Floating 110447644
Percent Insiders 2.39
Percent Institutions 95.79

ai summary icon Upturn AI SWOT

Tanger Factory Outlet Centers Inc

stock logo

Company Overview

overview logo History and Background

Tanger Factory Outlet Centers, Inc. was founded in 1981 by Stanley K. Tanger. It pioneered the outlet center concept and has grown to become a leading REIT specializing in outlet centers. The company went public in 1993.

business area logo Core Business Areas

  • Real Estate Operations: Ownership, management, and leasing of outlet centers across the U.S. and Canada. The core business involves attracting brand-name retailers to occupy their spaces and managing the overall property to enhance customer experience and retailer profitability.

leadership logo Leadership and Structure

Stephen Yalof serves as the President and CEO. The company operates as a Real Estate Investment Trust (REIT) with a board of directors and various executive management positions overseeing different aspects of the business, including leasing, property management, finance, and legal.

Top Products and Market Share

overview logo Key Offerings

  • Outlet Center Space: Leasing space to retailers within outlet centers. Revenue is derived from rents, recoveries from tenants for operating expenses, and ancillary services. Market share data is difficult to pinpoint exactly but Tanger is one of the largest pure-play outlet center REITs. Competitors include Simon Property Group (SPG) and Macerich (MAC) which also own outlet centers within their larger portfolios.

Market Dynamics

industry overview logo Industry Overview

The outlet center industry is evolving, influenced by e-commerce, changing consumer preferences, and the rise of off-price retail. Successful outlet centers offer a compelling mix of brands, experiences, and value.

Positioning

Tanger is a leading pure-play outlet center REIT known for its focus on premium locations and strong tenant relationships. Its competitive advantage lies in its established brand reputation and deep industry expertise.

Total Addressable Market (TAM)

The global retail real estate market size was valued at $2.02 Trillion in 2023 and is projected to reach $3.63 Trillion by 2032. Tangeru2019s TAM is the portion of that market served by outlet centers. It is well-positioned through established brand reputation and expertise.

Upturn SWOT Analysis

Strengths

  • Established brand recognition
  • Strong tenant relationships
  • Experienced management team
  • Diversified portfolio of outlet centers

Weaknesses

  • Exposure to retail industry trends
  • Reliance on anchor tenants
  • Limited geographic diversification
  • High debt levels

Opportunities

  • Expansion into new markets
  • Enhancement of online presence
  • Development of mixed-use properties
  • Strategic acquisitions

Threats

  • Economic downturns
  • Increased competition from e-commerce
  • Changes in consumer spending habits
  • Rising interest rates

Competitors and Market Share

competitor logo Key Competitors

  • SPG
  • MAC

Competitive Landscape

Tanger differentiates itself through its focus on outlet centers, while SPG and MAC have diversified portfolios. Tanger's pure-play focus allows for specialized expertise, but also makes it more vulnerable to outlet-specific market trends.

Growth Trajectory and Initiatives

Historical Growth: Tanger's growth has been influenced by expansions of its existing centers and strategic acquisitions of outlet centers.

Future Projections: Analyst estimates need to be gathered from financial databases to provide future projections.

Recent Initiatives: Requires research into the company's latest press releases and investor presentations.

Summary

Tanger Factory Outlet Centers is a significant player in the outlet center REIT market, benefiting from its established brand and experienced management. However, the company faces challenges from e-commerce, economic fluctuations, and evolving consumer behavior. Its focus on outlet centers provides expertise, but also vulnerability to specific retail trends. Tanger's ability to adapt and innovate will be critical to its long-term success.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company filings (10-K, 10-Q)
  • Industry reports
  • Press releases
  • Financial news sources

Disclaimers:

This analysis is for informational purposes only and does not constitute financial advice. Market conditions and company performance are subject to change. Consult with a qualified financial advisor before making investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Tanger Factory Outlet Centers Inc

Exchange NYSE
Headquaters Greensboro, NC, United States
IPO Launch date 1993-05-27
President, CEO & Director Mr. Stephen J. Yalof
Sector Real Estate
Industry REIT - Retail
Full time employees 372
Full time employees 372

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 outlet shopping industries. Tanger's portfolio of 37 outlet centers and three open-air lifestyle centers includes 16 million square feet well positioned across tourist destinations and vibrant markets in 21 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 ended June 30, 2025.