Breaking News

Close

Tanger Factory Outlet Centers Inc (SKT)

Add to/Remove from a Portfolio Add to Watchlist

28.36 -0.26 -0.89%

21:00:00 - Closed. Currency in USD ( Disclaimer )

After Hours

28.00

-0.36

-1.27%

23:30:00 - Real-time Data

Volume: 611,720
Bid/Ask: 25.70 / 29.00
Day's Range: 28.22 - 28.53

Type: Equity

Market: United States

NYSE:SKT Financials

This summary provides an overview of the most significant critical numbers from each of the Tanger Factory Outlet Centers financial reports, including theTanger Factory income statement, balance sheet, and cash flow statement. Additionally, it features several financial ratios that provide insight into the company's financial health.

Investors can select to view data from four periods of either annual or quarterly information, allowing them to track the NYSE:SKT financials over time via breakdowns of their annual reports.

Tanger Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 119.88 million compared to USD 109.83 million a year ago. Revenue was USD 127.48 million compared to USD 116.46 million a year ago. Net income was USD 23.78 million compared to USD 18.36 million a year ago. Basic earnings per share from continuing operations was USD 0.22 compared to USD 0.17 a year ago.For the full year, sales was USD 438.89 million compared to USD 421.42 million a year ago. Revenue was USD 464.41 million compared to USD 442.61 million a year ago. Net income was USD 99.15 million compared to USD 82.06 million a year ago. Basic earnings per share from continuing operations was USD 0.94 compared to USD 0.78 a year ago. Diluted earnings per share from continuing operations was USD 0.92 compared to USD 0.77 a year ago.

Annual Quarterly

InvestingPro

Advanced Financial Summary

TTM = Trailing Twelve Months

MRQ = Most Recent Quarter

SKT Income Statement & Profits

Gross margin TTM 73.55%

Operating margin TTM 29.89%

Net Profit margin TTM 20.98%

Return on Investment TTM 6.81%

Total Revenue Net Income

Period Ending:	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023
Total Revenue	129.69	119.74	112.35	110.88
Gross Profit	108.28	82.98	78.64	77.73
Operating Income	34.07	38.67	34.14	34.4
Net Income	20.36	28.88	26.37	23.54

SKT Balance Sheet

Quick Ratio MRQ 0.5

Current Ratio MRQ 0.92

LT Debt to Equity MRQ 253.55%

Total Debt to Equity MRQ 269.64%

Total Assets Total Liabilities

Period Ending:	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023
Total Assets	2324.12	2204.81	2195.95	2185.39
Total Liabilities	1732.81	1692.38	1688.2	1679.09
Total Equity	591.31	512.43	507.74	506.31

%ENGLISH_NAME% Latest Cash Flow Statement

Cash Flow/Share TTM 2.13

Revenue/Share TTM 4.39

Operating Cash Flow 60.08%

Cash Net Change in Cash

Period Ending:	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023
Period Length:	0 Months	0 Months	0 Months	0 Months
Cash From Operating Activities	77.74	52.95	73.34	25.57
Cash From Investing Activities	-322.42	-52.1	-33.16	-1.87
Cash From Financing Activities	69.05	-25.68	-29.64	-33.01
Net Change in Cash	-175.44	-24.79	10.18	-9.3

* In Millions of USD (except for per share items)

InvestingPro

Go to Dashboard InvestingPro

InvestingPro

Unlock access to over 1000 metrics with InvestingPro

View advanced insights on financial statements, including growth rates and metrics that provide an in-depth view of the company's historical and forecasted financial performance.

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:

Enrich the conversation
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically.
Use standard writing style. Include punctuation and upper and lower cases.
NOTE: Spam and/or promotional messages and links within a comment will be removed
Avoid profanity, slander or personal attacks directed at an author or another user.
Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

I have read and understood Investing.com UK's comment guidelines and agree to the terms described.

SKT Price Commentary

Write your thoughts about Tanger Factory Outlet Centers Inc

Are you sure you want to delete this chart?

Post also to:

Replace the attached chart with a new chart ?

1000

Comment Guidelines

Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.

Please wait a minute before you try to comment again.

Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.

Joy Holm Mar 03, 2021 15:06

Follow this post

Unfollow this post

Saved. See Saved Items.

This comment has already been saved in your Saved Items

Ughh cmon i need to get this one too??

0 0

Wallstreet Bet Feb 03, 2021 17:33

Follow this post

Unfollow this post

Saved. See Saved Items.

This comment has already been saved in your Saved Items

Lets *****the short fund

1 0

Smooth_Operator Feb 02, 2021 11:42

Follow this post

Unfollow this post

Saved. See Saved Items.

This comment has already been saved in your Saved Items

I'm shorting, price target 6, it;s highly overvalued

0 1

Wallstreet Bet Jan 28, 2021 14:39

Follow this post

Unfollow this post

Saved. See Saved Items.

This comment has already been saved in your Saved Items

Congratulations guys ! We will move to this counter nxt

1 0

bobo yap Jan 28, 2021 6:56

Follow this post

Unfollow this post

Saved. See Saved Items.

This comment has already been saved in your Saved Items

Volume come in gogo 30 usd today

2 0

Wallstreet Bet Jan 27, 2021 16:07

Follow this post

Unfollow this post

Saved. See Saved Items.

This comment has already been saved in your Saved Items

Next GME & AMC ! Target 100 usd by this week

5 1

<div id="comment">
				<div class="comment js-comment" data-comment-id="{commentID}" id="comment-{commentID}" data-user-id="222067105">
    <div class="mainComment js-content">
       <div class="commentInnerWrapper">
        <a href="{userLink}" class="js-user-link"><img src="{userImage}" width="33" height="33" alt="{usernameAlt}" class="img" onerror="this.src='https://i-invdn-com.investing.com/defaultUserMaleTmp.png';"></a><div class="commentBody">
                					<span class="commentUsername">
                    	<a href="{userLink}" class="js-user-link js-user-name">{username}</a>
					</span>
                                <span class="js-date" comment-date="{dateFormat}" comment-date-formatted="{dateFormatted}" title="{dateTitle}">Just Now</span>
                <div class="commentDropDown js-commentDropDownWrapper " data-user-id="222067105" data-cid="{commentID}">
	<a href="javascript:void(0);" class="threeDotsIconSmall js-thinDropdownArrow"></a>
	<div class="tooltipPopup commentActionsPop noHeader js-commentDropDownOptions displayNone">
		<div class="addRow js-option share">
			<a href="javascript:void(0);" class="js-commentSharePopup" data-cid="{commentID}" data-curl="{commentLink}"><span class="smallShareIcon middle"></span>Share</a>
		</div>

<div class="js-option addRow follow">
            <div class="js-follow-post-button" data-reg_ep="follow comment">
                <span class="alertfollowIcon middle"></span>Follow this post            </div>
            <div class="js-unfollow-post-button displayNoneImp">
                <span class="alertUnfollowIcon middle"></span>Unfollow this post            </div>
        </div>

<div class="addRow js-option save"  data-reg_ep="save comment">
		<a href="javascript:void(0);" class="js-save-item-btn" data-item-type="comments" data-item-id="{commentID}">
			<i class="saveItemBigIcon middle"></i>
			Save		</a>
	</div>
	<div class="addRow saveItemsConfirmation noHover displayNone js-saveItemResult">
		
<div class="content js-saveItemSuccess displayNone">
	<span class="mediumGreenSuccessIcon"></span><span>Saved. See <a href="/members-admin/saved-items" target="_blank">Saved Items</a>.</span>
	<a href="javascript:void(0);" class="bugCloseIcon js-close"></a>
</div>
<div class="content js-saveItemAlreadySaved saveItemAlreadySaved displayNoneImp">
	<span>This comment has already been saved in your <a href="/members-admin/saved-items" target="_blank">Saved Items</a></span>
	<a href="javascript:void(0);" class="bugCloseIcon js-close"></a>
</div>
	</div>

<div class="addRow js-option blockUser js-block-option" data-comment-id="{commentID}"  data-user-id="222067105" data-reg_ep="block user comments">
			<a href="javascript:void(0);">
				<span class="blockIcon middle"></span>Block User			</a>
		</div>
				<div class="addRow shareButtons js-sharePopup displayNone">
			<div class="js-shareComment"><span class="js-shareCommentSpan"></span></div>
		</div>
	</div>
</div>
                 <div class="commentAuthor js-comment-by-author"><span class="commentAuthorIcon"></span>Author's response</div>             </div>
		<div id="commentText-{commentID}" class="js-text-wrapper commentText withImage">
							<div id="commentBigChart{commentID}" class="commentBigChart js-comment-chart" onclick="openViewChartPopup('{commentID}')">
					<img src="https://d51-invdn-com.investing.com/comments_images/{commentImage}" alt="{commentAlt}">
					<i class="newMagnifyChartIcon"></i>
				</div>
						<span class="js-text">{commentContent}</span>
			<div class="clear"></div>
							<div class="commentButtons js-not-master-user">
					<a href="javascript:void(0)" class="reply js-reply-btn" data-real-parent-id="{commentID}" data-to-user-name="{username}" data-to-user-id="222067105">Reply</a>
					<div class="inlineblock likeDislikeBox js-like-dislike-box" data-item-id="{commentID}">
	<input class="js-like-checkbox" type="checkbox" name="option" value="Yes" id="like_{commentID}">
	<label for="like_{commentID}" class="like" title="I agree"></label>
	<span class="numOfLikes js-like-count lighterGrayFont">0</span>
	<input class="js-dislike-checkbox" type="checkbox" name="option" value="No" id="dislike_{commentID}">
	<label for="dislike_{commentID}" class="dislike" title="I disagree"></label>
	<span class="numOfDislikes js-dislike-count lighterGrayFont">0</span>
</div>

<div class="reportComment js-flag float_lang_base_2">
                            <a href="javascript:void(0);" id="commentFlag_{commentID}">
                                <span class="reportCommentIcon middle"></span><span class="inlineblock middle">Report</span>
                            </a>
                        </div>
                    				</div>
					</div>
	   </div>
	</div>
	</div>			</div>
			<div id="reply">
				
    <div class="commentReply js-comment js-comment-reply" data-comment-id="{commentID}" id="comment-{commentID}" data-user-id="">
		<div class="commentInnerWrapper"><a href="{userLink}" class="js-user-link"><img src="{userImage}" width="33" height="33" alt="{usernameAlt}" class="img" onerror="this.src='https://i-invdn-com.investing.com/defaultUserMaleTmp.png';"></a><div class="commentBody js-content">
            				<span class="commentUsername">
					<a href="{userLink}" class="commentUsername js-user-link js-user-name" onMouseOver="">{username}</a>
				</span>
                        <span class="js-date" comment-date="{dateFormat}" comment-date-formatted="{dateFormatted}" title="{dateTitle}">Just Now</span>
			 <div class="commentAuthor js-comment-by-author"><span class="commentAuthorIcon"></span>Author's response</div> 			<div class="commentDropDown js-commentDropDownWrapper " data-user-id="" data-cid="{commentID}">
	<a href="javascript:void(0);" class="threeDotsIconSmall js-thinDropdownArrow"></a>
	<div class="tooltipPopup commentActionsPop noHeader js-commentDropDownOptions displayNone">
		<div class="addRow js-option share">
			<a href="javascript:void(0);" class="js-commentSharePopup" data-cid="{commentID}" data-curl="{commentLink}"><span class="smallShareIcon middle"></span>Share</a>
		</div>

<div class="js-option addRow follow">
            <div class="js-follow-post-button" data-reg_ep="follow comment">
                <span class="alertfollowIcon middle"></span>Follow this post            </div>
            <div class="js-unfollow-post-button displayNoneImp">
                <span class="alertUnfollowIcon middle"></span>Unfollow this post            </div>
        </div>

<div class="addRow js-option save"  data-reg_ep="save comment">
		<a href="javascript:void(0);" class="js-save-item-btn" data-item-type="comments" data-item-id="{commentID}">
			<i class="saveItemBigIcon middle"></i>
			Save		</a>
	</div>
	<div class="addRow saveItemsConfirmation noHover displayNone js-saveItemResult">
		
<div class="content js-saveItemSuccess displayNone">
	<span class="mediumGreenSuccessIcon"></span><span>Saved. See <a href="/members-admin/saved-items" target="_blank">Saved Items</a>.</span>
	<a href="javascript:void(0);" class="bugCloseIcon js-close"></a>
</div>
<div class="content js-saveItemAlreadySaved saveItemAlreadySaved displayNoneImp">
	<span>This comment has already been saved in your <a href="/members-admin/saved-items" target="_blank">Saved Items</a></span>
	<a href="javascript:void(0);" class="bugCloseIcon js-close"></a>
</div>
	</div>

<div class="addRow shareButtons js-sharePopup displayNone">
			<div class="js-shareComment"><span class="js-shareCommentSpan"></span></div>
		</div>
	</div>
</div>

</div>
		<div id="commentText-{commentID}" class="js-text-wrapper commentText withImage">
							<div id="commentBigChart{commentID}" class="replyBigChart displayNone js-comment-chart">
					<img src="https://d51-invdn-com.investing.com/comments_images/{commentImage}" alt="{commentAlt}">
					<i class="newMagnifyChartIcon"></i>
				</div>
				<span id="commentSmallChart{commentID}" class="commentSmallChart pointer js-comment-chart" onclick="openViewChartPopup('{commentID}')">
                    <img src="https://d51-invdn-com.investing.com/comments_images/{commentImageSmall}" width="116" height="52" alt="{commentAlt}">
                    <span class="chartMagnifyOverlay displayNone"></span>
                    <span class="searchGlassIcon chartMagnify displayNone"></span>
                </span>
						<span class="js-text">{commentContent}</span>
			<div class="clear"></div>
							<div class="commentButtons js-not-master-user">
					<a href="javascript:void(0)" class="reply js-reply-btn" data-real-parent-id="{commentID}" data-to-user-name="{username}" data-to-user-id="">Reply</a>
					<div class="inlineblock likeDislikeBox js-like-dislike-box" data-item-id="{commentID}">
	<input class="js-like-checkbox" type="checkbox" name="option" value="Yes" id="like_{commentID}">
	<label for="like_{commentID}" class="like" title="I agree"></label>
	<span class="numOfLikes js-like-count lighterGrayFont">0</span>
	<input class="js-dislike-checkbox" type="checkbox" name="option" value="No" id="dislike_{commentID}">
	<label for="dislike_{commentID}" class="dislike" title="I disagree"></label>
	<span class="numOfDislikes js-dislike-count lighterGrayFont">0</span>
</div>

<div class="reportComment js-flag float_lang_base_2">
                            <a href="javascript:void(0);" id="commentFlag_{commentID}">
                                <span class="reportCommentIcon middle"></span><span class="inlineblock middle">Report</span>
                            </a>
                        </div>
                    				</div>
					</div>
		</div>
    </div>
			</div>
			<div id="show-more-comments">
				<a class="showMoreComments block">
					<span class="arial_12 showArrowafter">Show more comments (<span class="js-amount"></span>)</span>
				</a>
			</div>
			<div id="show-more-replies">
				<a class="showMoreReplies block">
					<span class="arial_12 showArrowafter">Show more replies (<span class="js-amount"></span>)</span>
				</a>
			</div>

Are you sure you want to delete this chart?

Replace the attached chart with a new chart ?

1000

Comment Guidelines

Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.

Please wait a minute before you try to comment again.

I feel that this comment is:

Spam

Offensive

Thank You!

Your report has been sent to our moderators for review

More Categories

1D1W1M6M1Y5YMax

	FTSE 100	8,144.13	-2.90	-0.04%
	DAX	17,921.95	-196.37	-1.08%
	Euro Stoxx 50	4,920.55	-60.54	-1.22%
	S&P 500	5,035.69	-80.48	-1.57%
	Nikkei 225	38,379.50	+444.74	+1.17%
	Dow Jones	37,815.92	-570.17	-1.49%
	FTSE 100 Futures	8,144.8	-4.3	-0.05%

	Brent Oil	85.94	-0.03	-0.03%
	Crude Oil WTI	81.25	-0.23	-0.28%
	Gold	2,302.90	+5.60	+0.24%
	Silver	26.617	+0.047	+0.18%
	Copper	4.5445	+0.0035	+0.08%
	London Cocoa	8,418.00	+223.00	+2.72%
	London Wheat	182.35	-1.10	-0.60%

	U.K. 10Y	4.4050	+0.0530	+1.22%
	U.K. 5Y	4.3050	+0.0460	+1.08%
	U.K. 2Y	4.5500	+0.0430	+0.95%
	Germany 10Y	2.5895	+0.0085	+0.33%
	U.S. 10Y	4.680	-0.007	-0.15%
	U.S. 5Y	4.715	+-0.008	+-0.16%
	U.S. 2Y	5.037	+-0.009	+-0.17%

	Lloyds Banking	51.90	+0.02	+0.04%
	Vodafone Group PLC	67.660	-2.340	-3.34%
	Barclays	202.70	-0.95	-0.47%
	BT Group	102.60	-1.90	-1.82%
	HSBC	695.60	+27.50	+4.12%
	BHP Group Ltd	2,223.00	-27.00	-1.20%
	Exxon Mobil	118.22	-1.42	-1.19%

Recent Quotes

	Name	Price	Chg.	Chg. %
	SKT	28.36	-0.26	-0.89%

	Name	Last	Chg. %	Vol.
	Rolls-Royce Holdings	413.10	-0.41%	54.04M
	Glencore	467.70	-1.21%	49.54M
	HSBC	695.60	+4.12%	43.43M
	Shell	2,863.0	-0.85%	6.76M
	Anglo American	2,634.0	-4.22%	6.34M
	Rio Tinto PLC	5,472.0	+0.28%	3.11M
	AstraZeneca	12,062.0	+0.32%	2.48M

	Name	Last	Chg. %	Vol.
	MEI Pharma	3.05	+100000.00%	88.00
	Genprex	2.28	+100000.00%	100.00
	Edgio	10.21	+100000.00%	78.00
	UIE PLC	222.00	+100000.00%	463.00
	MFE MEDIAFOREUROPE NV B	3.772	+211.99%	26.96K
	Inseego	4.22	+181.33%	30.00
	Frontline	267.10	+135.75%	60.00

	Name	Last	Chg. %	Vol.
	H Lundbeck B	34.04	-80.41%	10.72K
	BioGaia B	117.50	-77.21%	1.56K
	Hydrogen Refueling	5.00	-66.03%	46.00
	Tomra Systems	137.70	-60.40%	98.30K
	Atlas Copco B	167.50	-55.67%	141.70K
	Electrolux B	97.32	-51.82%	65.97K
	New Wave Group B	102.00	-50.24%	7.56K