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Tanger Factory Outlet Centers (SKT-N)
NYSE:SKT
35.93
1.34
(3.87%) 1d
Financials
Technical Analysis
This summary was created by AI, based on 2 opinions in the last 12 months.
Tanger Factory Outlet Centers (SKT-N) has garnered positive attention from financial experts, highlighting its robust performance as a Real Estate Investment Trust (REIT) focused on factory outlets. Recent financial results have demonstrated a solid quarter with impressive top and bottom line growth, exceeding expectations and accompanied by optimistic guidance. The company is benefiting from accelerating lease momentum, which is essential for its ongoing success, and has exciting new properties on the horizon, such as developments in Nashville. With a yield exceeding 4%, Tanger stands out in the retail outlet sector as a reliable income-generating investment, making it an attractive choice for income-seeking investors amidst a shifting retail landscape.
$26.820
Unknown
They just had a great quarter, a REIT holding retail outlets: top and bottom line beat and positive guidance. They enjoy accelerating lease momentum and new properties coming, like in Nashville.
Trade-down companies are the place to be in this economy. Their outlets are the final destination for marked-down merchandise. SKT was down only 7% in 2022, while retail peers were down double-digits. They delivered a bottom line beat last week with a 97% occupancy rate.
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Tanger Factory Outlet Centers(SKT-N) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 2
Tanger Factory Outlet Centers(SKT-N) Frequently Asked Questions
What is Tanger Factory Outlet Centers stock symbol?
Tanger Factory Outlet Centers is a American stock, trading under the symbol SKT-N on the New York Stock Exchange (SKT). It is usually referred to as NYSE:SKT or SKT-N
Is Tanger Factory Outlet Centers a buy or a sell?
In the last year, 2 stock analysts published opinions about SKT-N. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Tanger Factory Outlet Centers.
Is Tanger Factory Outlet Centers a good investment or a top pick?
Tanger Factory Outlet Centers was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Tanger Factory Outlet Centers.
Why is Tanger Factory Outlet Centers stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Tanger Factory Outlet Centers worth watching?
2 stock analysts on Stockchase covered Tanger Factory Outlet Centers In the last year. It is a trending stock that is worth watching.
What is Tanger Factory Outlet Centers stock price?
On 2025-02-20, Tanger Factory Outlet Centers (SKT-N) stock closed at a price of $35.93.
A REIT that holds factory outlets. Pays over a 4% yield and delivered a great recent quarter.