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TANGER Stock Price, News & Analysis

SKT NYSE

Company Description

Overview of Tanger Inc. (NYSE: SKT)

Tanger Inc. stands as a prominent real estate investment trust (REIT) specializing in the ownership and management of outlet and open-air retail shopping centers. With decades of experience and an expansive portfolio spread across key tourist and vibrant urban markets in the United States and Canada, Tanger Inc. has established itself as a reliable operator in the retail real estate sector. The company's portfolio is strategically positioned in high-traffic locations that attract millions of quality-conscious shoppers and tourists seeking brand name merchandise at value prices.

Core Business and Operations

Tanger Inc. focuses on creating dynamic shopping destinations that combine a diverse tenant mix with an engaging consumer experience. Its centers typically feature a wide variety of national and designer outlet stores offering in-season merchandise, which appeals to bargain hunters and brand enthusiasts alike. The business model leverages long-term leases and thorough tenant diversification strategies to generate stable rental income while continuously adapting to shifts in consumer behavior and competitive market trends.

Market Position and Competitive Landscape

Positioned firmly in the competitive arena of retail real estate, Tanger Inc. distinguishes itself through its strategic portfolio placement and operational expertise. By concentrating on locations that are well-known tourist attractions and dynamic retail hubs, Tanger Inc. draws high pedestrian traffic, which in turn enhances the performance of its tenants. This comprehensive approach not only solidifies its market position but also fosters strong relationships with a wide network of retail partners, further enhancing the overall value proposition of its shopping centers.

Operational Excellence and Tenant Mix

Tanger Inc. is committed to maintaining a high-quality tenant mix that includes both well-established brand names and diverse retail offerings. The company’s ongoing portfolio enhancements aim to address evolving consumer needs, integrating experiential destinations such as food and beverage outlets alongside traditional retail offerings. This strategy, underpinned by robust leasing activity and positive rental growth metrics, contributes to the company’s sustained operational excellence.

Expert Insights and Investor Communication

Underpinned by over 40 years of industry expertise, Tanger Inc. exemplifies transparent and effective investor relations. The company prioritizes clear communication through regular updates and detailed disclosures, ensuring that investors understand its operating performance and strategic direction. Utilizing performance metrics such as same center net operating income and adjusted EBITDA, Tanger Inc. offers analytical insights that reinforce its operational strengths and asset quality, positioning it as a subject of interest for long-term investment research.

Defining Characteristics and Strategic Value

The fundamental value proposition of Tanger Inc. lies in its ability to deliver enhanced shopper experiences while simultaneously driving value for its retail partners through innovative shopping environments. The careful calibration of tenant diversity, prime location selection, and a commitment to operational excellence makes Tanger Inc. a critical player within the retail real estate sector. This detailed overview provides an in-depth perspective into the company's core operations, competitive strengths, and the strategic framework that supports its continually renewed emphasis on quality and performance.

Stock Performance

$32.00
-0.28%
0.09
Last updated: April 27, 2025 at 16:34
22.29 %
Performance 1 year
$3.6B
Market Cap
113.2M
Shares outstanding

SEC Filings

No SEC filings available for TANGER.

Financial Highlights

$133,001,000
Revenue (TTM)
$25,930,000
Net Income (TTM)
$0.22
Diluted EPS (TTM)
$65,173,000
Operating Cash Flow
19.50%
Net Profit Margin
29.45%
Oper. Profit Margin

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Frequently Asked Questions

What is the current stock price of TANGER (SKT)?

The current stock price of TANGER (SKT) is $32.09 as of April 25, 2025.

What is the market cap of TANGER (SKT)?

The market cap of TANGER (SKT) is approximately 3.6B.

What is the revenue (TTM) of TANGER (SKT) stock?

The trailing twelve months (TTM) revenue of TANGER (SKT) is $133,001,000.

What is the net income of TANGER (SKT)?

The trailing twelve months (TTM) net income of TANGER (SKT) is $25,930,000.

What is the earnings per share (EPS) of TANGER (SKT)?

The diluted earnings per share (EPS) of TANGER (SKT) is $0.22 on a trailing twelve months (TTM) basis.

What is the operating cash flow of TANGER (SKT)?

The operating cash flow of TANGER (SKT) is $65,173,000.

What is the profit margin of TANGER (SKT)?

The net profit margin of TANGER (SKT) is 19.50%.

What is the operating margin of TANGER (SKT)?

The operating profit margin of TANGER (SKT) is 29.45%.

What is the current ratio of TANGER (SKT)?

The current ratio of TANGER (SKT) is 1.35, indicating the company's ability to pay short-term obligations.

What is the operating income of TANGER (SKT)?

The operating income of TANGER (SKT) is $39,163,000.

What is Tanger Inc.'s core business?

Tanger Inc. is a REIT that owns and operates outlet and open-air retail shopping centers, focusing on high-traffic locations and diverse tenant mixes.

How does Tanger generate revenue?

Revenue is primarily generated from rental income through long-term leases with a wide array of retail tenants, supported by strategic portfolio placement.

In which markets does Tanger Inc. operate?

The company operates across multiple states in the U.S. and in Canada, concentrating on locations known for high shopper traffic and tourist appeal.

What sets Tanger Inc. apart from its competitors?

Its strategic selection of locations, diversified tenant mix, and commitment to operational excellence create a distinct competitive advantage in the outlet center market.

How does Tanger enhance the shopping experience?

By integrating a variety of retail options including fashion, lifestyle, and food and beverage offerings, Tanger enhances the overall consumer experience in its centers.

What measures does Tanger use to communicate performance?

Tanger utilizes industry-standard performance metrics such as same center net operating income and adjusted EBITDA, and provides transparent investor updates.

How does Tanger maintain a strong tenant mix?

The company focuses on attracting renowned brand names and diversifying its tenant portfolio, which is essential for creating vibrant and appealing shopping environments.