Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Valuation
- Analyst Ratings
Upturn AI SWOT - About
SKT 
Tanger Factory Outlet Centers Inc (SKT)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
03/27/2025: SKT (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -5.44% | Avg. Invested days 36 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/27/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 3.71B USD | Price to earnings Ratio 37.34 | 1Y Target Price 38.89 |
Price to earnings Ratio 37.34 | 1Y Target Price 38.89 | ||
Volume (30-day avg) 884347 | Beta 1.82 | 52 Weeks Range 25.24 - 37.26 | Updated Date 03/28/2025 |
52 Weeks Range 25.24 - 37.26 | Updated Date 03/28/2025 | ||
Dividends yield (FY) 3.34% | Basic EPS (TTM) 0.88 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 18.35% | Operating Margin (TTM) 29.1% |
Management Effectiveness
Return on Assets (TTM) 4.34% | Return on Equity (TTM) 16.17% |
Valuation
Trailing PE 37.34 | Forward PE 35.34 | Enterprise Value 5164743624 | Price to Sales(TTM) 6.9 |
Enterprise Value 5164743624 | Price to Sales(TTM) 6.9 | ||
Enterprise Value to Revenue 9.82 | Enterprise Value to EBITDA 17.1 | Shares Outstanding 112705000 | Shares Floating 110129887 |
Shares Outstanding 112705000 | Shares Floating 110129887 | ||
Percent Insiders 2.41 | Percent Institutions 92.43 |
Analyst Ratings
Rating 3.78 | Target Price 38 | Buy 1 | Strong Buy 3 |
Buy 1 | Strong Buy 3 | ||
Hold 5 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Tanger Factory Outlet Centers Inc
Company Overview
History and Background
Tanger Factory Outlet Centers, Inc. (SKT) was founded in 1981 by Stanley K. Tanger. It is one of the largest owners and operators of outlet centers in the United States and Canada, focusing on providing a curated selection of brand-name and designer outlet stores. Tanger's has evolved from a small family business to a publicly traded REIT specializing in retail properties.
Core Business Areas
- Outlet Center Operations: Tanger develops, owns, leases, and operates outlet centers, providing space for retailers offering discounted merchandise.
- Leasing Services: Tanger provides leasing services to retailers, managing tenant relationships, and optimizing the tenant mix within its centers.
- Property Management: Tanger manages the day-to-day operations of its outlet centers, including maintenance, security, and marketing activities.
Leadership and Structure
The leadership team includes Stephen Yalof (President and CEO). The company operates as a Real Estate Investment Trust (REIT), structured with a board of directors overseeing management.
Top Products and Market Share
Key Offerings
- Outlet Center Space: Tanger provides leasable space in its outlet centers. This constitutes the primary source of revenue. Market share data is fragmented across numerous regional outlet operators; therefore, specific reliable market share is difficult to define. Competitors include Simon Property Group (SPG), Premium Outlets (SPG), and other regional outlet center operators.
Market Dynamics
Industry Overview
The outlet center industry is influenced by factors such as consumer spending, tourism, and retail trends. The industry has been adapting to the rise of e-commerce by focusing on experiential retail and unique shopping experiences.
Positioning
Tanger is a leading operator in the outlet center industry, known for its well-maintained properties, strong tenant relationships, and brand recognition. Its competitive advantage lies in its established portfolio and operating expertise.
Total Addressable Market (TAM)
The TAM for outlet centers is estimated in the tens of billions of dollars in the US. Tanger is positioned to capture a portion of this TAM through its national portfolio of centers.
Upturn SWOT Analysis
Strengths
- Established brand name and reputation
- Diversified tenant base
- Geographically diverse portfolio of outlet centers
- Experienced management team
- High occupancy rates compared to traditional malls
Weaknesses
- Dependence on brick-and-mortar retail
- Exposure to economic cycles
- Vulnerability to changing consumer preferences
- High capital expenditures for property maintenance and development
Opportunities
- Expansion into new markets
- Strategic partnerships with retailers and brands
- Enhancement of online presence and digital marketing
- Development of mixed-use properties
- Focus on experiental retail
Threats
- Increased competition from e-commerce
- Economic downturns affecting consumer spending
- Changing retail landscape and tenant bankruptcies
- Rising interest rates impacting financing costs
- Impact of COVID-19 pandemic on retail traffic
Competitors and Market Share
Key Competitors
- SPG
- MAC
Competitive Landscape
Tanger's advantages include its focus on outlet centers, brand recognition, and strong tenant relationships. Disadvantages may include its smaller size compared to larger REITs like SPG and MAC.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Tanger's historical growth has been influenced by the expansion of its outlet center portfolio and the performance of its tenants.
Future Projections: Future growth projections are dependent on factors such as economic conditions, retail trends, and the companyu2019s strategic initiatives.
Recent Initiatives: Recent initiatives include enhancing the tenant mix, investing in property improvements, and developing omnichannel strategies.
Summary
Tanger is a well-established outlet center REIT with a strong brand and diversified tenant base. It faces challenges from e-commerce and economic cycles but has opportunities to expand into new markets and enhance its online presence. The company's financial performance is stable, but continued adaptation to changing retail trends is crucial for future success. Tanger needs to keep an eye on the interest rate environment and manage debt well.
Similar Companies
- SPG
- MAC
Sources and Disclaimers
Data Sources:
- Company Filings
- Analyst Reports
- Industry Publications
Disclaimers:
This analysis is for informational purposes only and should not be considered investment advice. Market conditions and company performance are subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
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 | Website https://www.tangeroutlets.com |
Full time employees 372 | Website https://www.tangeroutlets.com | ||
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 38 outlet centers, one adjacent managed center, and three open-air lifestyle centers includes over 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 December 31, 2024.
Upturn is now on iOS and Android!
Experience Upturn on your mobile. Install it now!
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.