Previous close | 22.22 |
Open | 22.12 |
Bid | 0.00 x 800 |
Ask | 0.00 x 800 |
Day's range | 21.78 - 22.20 |
52-week range | 13.26 - 22.37 |
Volume | |
Avg. volume | 1,097,973 |
Market cap | 2.303B |
Beta (5Y monthly) | 1.75 |
PE ratio (TTM) | 27.38 |
EPS (TTM) | 0.80 |
Earnings date | 03 Aug 2023 |
Forward dividend & yield | 0.98 (4.57%) |
Ex-dividend date | 27 Apr 2023 |
1y target est | 20.25 |
The 7.2% dividend yield might attract dividend investors, but the balance sheet suggests other options might be better.
Contrary to conventional wisdom, the opportunity still exists for investors to create a reliable stream of income from the equity markets.
Tanger Outlets CEO and President Stephen Yalof joins Yahoo Finance Live to discuss the state of the consumer, pricing, growth trajectory for retail, and the outlook for Tanger Outlets.
Recessions can be rough for the retail industry as consumers pull back on spending and become more conscious of where their money goes. Tanger Outlets (NYSE: SKT), which operates 37 outlet centers in major tourist destinations and suburbs of growing cities, should be able to weather the storm by offering great deals to consumers and a low-cost, high-margin channel for retailers. Its portfolio of open-air outlet centers certainly helped, as did the company's policy to offer deferred rent payments for tenants in early 2020.
Dividend stocks have historically beaten the market. During the past 50 years, dividend-paying stocks in the S&P 500 have delivered an average annual total return of 9.2%, according to data from Hartford Funds and Ned Davis Research. Mid-American Apartment Communities (NYSE: MAA), Extra Space Storage (NYSE: EXR), and Tanger Factory Outlet Centers (NYSE: SKT) are among the many dividend stocks with a history of outperformance.
Tanger (SKT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
The traditional ways to plan for your retirement may mean income can no longer cover expenses post-employment. But what if there was another option that could provide a steady, reliable source of income in your nest egg years?
Tanger (SKT) delivered FFO and revenue surprises of 4.55% and 3.31%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
The traditional retirement planning approaches no longer cover all expenses in nest egg years. So what can retirees do? Thankfully, there are alternative investments that provide steady, higher-rate income streams to replace dwindling bond yields.
Here is your Pro Recap of the biggest dividend hikes and special dividends you may have missed this week. Tanger Factory Outlet Centers (NYSE:SKT) hiked its dividend by 11.4% to $0.245 per share, or $0.98 annualized, for an annual yield of 5%. The dividend will be payable on May 15, 2023, to stockholders of record on April 28, 2023, with an ex-dividend date of April 27, 2023.
Among the companies that look undervalued are three real estate investment trusts (REITs): Alexandria Real Estate Equities (NYSE: ARE), W. P. Carey (NYSE: WPC), and Tanger Outlets (NYSE: SKT). Because of their lower share prices, they offer particularly attractive dividend yields and compelling upside potential.
The traditional ways to plan for your retirement may mean income can no longer cover expenses post-employment. But what if there was another option that could provide a steady, reliable source of income in your nest egg years?
Tanger Factory Outlet, Simon Property Group and Macerich have been highlighted in this Value Investor article.
GenZ likes hanging out at the mall and occupancy is back up. Are there any deals?
The stock market hasn't been a comfortable place for investors this year. While 2023 started with a bit of a bounceback, volatility has returned heading toward the spring on concerns about weakness in the banking industry. Three that stand out to a few Fool.com contributors right now are Realty Income (NYSE: O), Tanger Factory Outlet Centers (NYSE: SKT) and Alexandria Real Estate Equities (NYSE: ARE), and .
Tanger (SKT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
SKT vs. EQIX: Which Stock Is the Better Value Option?
Many investors believe that malls are dying, and to be fair, that might be true when it comes to standard suburban shopping malls. But some types, such as high-end destination malls and discount-focused outlet malls, are thriving.
Tanger Outlets CEO Stephen Yalof joins Yahoo Finance Live to discuss company earnings, robust growth, investor sentiment, leasing momentum, consumer spending, trends, and inflation.
Outlet retail has proved to be extremely resilient in recent years, as retailers have embraced the lower cost structure of operating outlet stores, as well as the generally favorable locations of outlet malls. Tanger Factory Outlet Centers (NYSE: SKT) is the only pure-play outlet retail REIT in the market, and its latest results show just how strong the business is. Average tenant sales per square foot are 12% higher than comparable pre-pandemic (2019) levels.
Tanger (SKT) delivered FFO and revenue surprises of 4.44% and 4.44%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
If you're a glass-half-full kind of person, last year's stock market sell-off presents a great opportunity, especially if you like to collect dividend income. Many stock prices are much lower, pushing dividend yields higher. Three top-notch dividend stocks that currently stand out to a few Fool.com contributors are Community Healthcare Trust (NYSE: CHCT), American Tower (NYSE: AMT), and Tanger Family Outlet Centers (NYSE: SKT).
A portfolio of premium assets, a focus on omnichannel retailing and strategic buyouts bode well for Simon Property (SPG). However, higher e-commerce adoption and interest rate hikes are worrisome.
The real estate investment trust (REIT) sector was battered in 2022 as the Federal Reserve increased the prime lending rate in an effort to get outsized inflation back under control. REITs tend to utilize a lot of debt as part of their business model, so rising rates generally don't help these businesses. REITs often attract investors based on their dividend yields, and rising rates can cause a revaluation of the REIT as well.
Tanger Factory Outlet Centers, Inc. ( NYSE:SKT ) shareholders should be happy to see the share price up 12% in the last...