Tanger Factory Outlet Centers, Inc. (SKT) Company Profile & Statistics

Tanger Factory Outlet Centers, Inc.
SKT
(NYSE)
Open
21.87
-0.47 (-2.10%)
in:usd•As of: Oct 03, 2023 14:12 UTC -4
Open
22.08
High
22.26
Low
21.72

About Tanger Factory Outlet Centers, Inc.

CEO

Stephen J. Yalof

Headquarters

3200 northline avenue, suite 360

greensboro, nc 27408, united states

Auditor

Deloitte & Touche LLP

Employees

603

Share Holders

346

Website

www.tangeroutlet.com

Industry

real estate investment trusts

Sector

finance

Company Overview

Tanger Factory Outlet Centers, Inc. is a fully-integrated, self-administered and self-managed real estate investment trust which focuses exclusively on developing, acquiring, owning and operating factory outlet centers. Since entering the factory outlet center business, they have become one of the largest owners and operators of factory outlet centers in the United States.

Tanger Factory Outlet Centers, Inc. Statistics

Valuation Measures

Market Capitalization ²	2.30B
Enterprise Value	3.51B
Enterprise Value/EBITDA (ttm)	14.72
Price to Earnings Ratio (ttm)	12.09
Price to Book (mrq)	4.68
Price to Sales (ttm)	5.31
Price to Cash (ytd)	11.90

Profitability

Gross Margin (ttm)	0.00%
Operating Margin (ttm)	19.87%
Profit Margin (ttm)	20.02%
Return on Equity (ttm)	17.41%
Return on Invested Capital (ttm)	4.86%
Return on Assets (ttm)	4.06%

Income Statement

Revenue (ttm)	447.49M
Revenue Per Share (ttm)	4.25
Gross Profit (ttm)	0.00
EBITDA (ttm)³	238.81M
Net Income Avi to Common (ttm)	89.35M
Diluted EPS (ttm)	0.83

Share Statistics

Beta (5Y Monthly)	1.80
52-Week Change	63.71%
S&P500 52-Week Change	14.84%
S&P500 Member	No
Stock Optionable	Yes
Total Shares Outstanding ¹	105.18M
Dividend Yield	4.34%
Float ⁴	101.29M
% Held by Insiders	3.70%
% Held by Institutions	84.94%

Balance Sheet

Total Cash (mrq)	228.37M
Total Cash Per Share (mrq)	2.17
Total Debt (mrq)	1.43B
Total Debt/Equity (mrq)	281.12%
Current Ratio (mrq)	N/A
Quick Ratio (mrq)	2.49%
Book Value Per Share (mrq)	4.83

Cash Flow

Operating Cash Flow Per Share (ytd)	0.93
Free Cash Flow (ytd)	24.95M

Table Key

mrq = Most Recent Quarter

ttm = Trailing Twelve Months

ytd = Year To Date

Footnotes

Data provided by Zacks Investment Research or calculated by FXEmpire. Stock price provided by Xignite. All numbers are rounded to the closest decimal.

¹ Total Shares outstanding is taken from the most recently filed quarterly or annual report.

² Market Cap is calculated using total shares outstanding and the most recent share price.

³ EBITDA is calculated using methodology that may differ from that used by a company in its reporting.

⁴ The float is a measure of the number of shares available for trading by the public. It's calculated by taking the number of issued and outstanding shares minus any restricted stock, which might not be publicly traded.

Tanger Factory Outlet Centers, Inc.

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