XNYS
SKT
Market cap3.59bUSD
Jul 16, Last price
31.71USD
1D
0.73%
1Q
-2.22%
Jan 2017
-11.38%
Name
Tanger Factory Outlet Centers Inc
Chart & Performance
Profile
Tanger Factory Outlet Centers, Inc. (NYSE: SKT) is a leading operator of open-air upscale outlet shopping centers that owns, or has an ownership interest in, a portfolio of 38 centers. Tanger's operating properties are located in 20 states and in Canada, totaling approximately 14.1 million square feet, leased to over 2,700 stores operated by more than 500 different brand name companies. The Company has more than 39 years of experience in the outlet industry and is a publicly-traded REIT. Tanger is furnishing a Form 8-K with the Securities and Exchange Commission ("SEC") that includes a supplemental information package for the quarter ended September 30, 2020.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2024‑12 | 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | ||||||||||
Revenues | 526,063 13.28% | 464,407 4.92% | 442,613 3.77% | |||||||
Cost of revenue | 236,749 | 221,677 | 235,316 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 289,314 | 242,730 | 207,297 | |||||||
NOPBT Margin | 55.00% | 52.27% | 46.83% | |||||||
Operating Taxes | 47,801 | |||||||||
Tax Rate | 23.06% | |||||||||
NOPAT | 289,314 | 242,730 | 159,496 | |||||||
Net income | 98,595 -0.56% | 99,151 160.72% | 38,030 -174.49% | |||||||
Dividends | (120,239) | (103,765) | (84,211) | |||||||
Dividend yield | 3.20% | 3.51% | 4.44% | |||||||
Proceeds from repurchase of equity | 113,803 | (3,836) | ||||||||
BB yield | -3.03% | 0.20% | ||||||||
Debt | ||||||||||
Debt current | 13,000 | 1,125,526 | ||||||||
Long-term debt | 1,592,757 | 1,611,355 | 1,603,550 | |||||||
Deferred revenue | 1,703,731 | |||||||||
Other long-term liabilities | 85,476 | 78,127 | (1,721,591) | |||||||
Net debt | 1,545,765 | 1,530,490 | 2,390,693 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 260,678 | 229,608 | 213,960 | |||||||
CAPEX | (3,101) | (47,355) | ||||||||
Cash from investing activities | (178,007) | (409,561) | (98,817) | |||||||
Cash from financing activities | (48,335) | (19,278) | (64,163) | |||||||
FCF | 256,963 | 1,080,494 | 379,889 | |||||||
Balance | ||||||||||
Cash | 46,992 | 21,965 | 264,574 | |||||||
Long term investments | 71,900 | 73,809 | ||||||||
Excess cash | 20,689 | 70,645 | 316,252 | |||||||
Stockholders' equity | 670,580 | (489,348) | (473,258) | |||||||
Invested Capital | 2,251,910 | 2,697,067 | 3,610,880 | |||||||
ROIC | 11.69% | 7.70% | 4.39% | |||||||
ROCE | 12.73% | 10.99% | 6.40% | |||||||
EV | ||||||||||
Common stock shares outstanding | 110,193 | 106,532 | 105,636 | |||||||
Price | 34.13 23.12% | 27.72 54.52% | 17.94 -6.95% | |||||||
Market cap | 3,760,887 27.36% | 2,953,067 55.83% | 1,895,110 -3.61% | |||||||
EV | 5,306,652 | 4,508,085 | 4,308,094 | |||||||
EBITDA | 428,004 | 351,619 | 319,201 | |||||||
EV/EBITDA | 12.40 | 12.82 | 13.50 | |||||||
Interest | 60,637 | 47,928 | 46,967 | |||||||
Interest/NOPBT | 20.96% | 19.75% | 22.66% |