Investor Insights

This summary was created by AI, based on 2 opinions in the last 12 months.

Tanger Factory Outlet Centers (SKT-N) is a REIT that holds factory outlets and has delivered a great recent quarter with top and bottom line beat and positive guidance. They enjoy over a 4% yield and accelerating lease momentum, with new properties coming in Nashville. The company seems to be in a good position with potential for growth in the future.

Consensus
Positive
Valuation
Fair Value
BUY

A REIT that holds factory outlets. Pays over a 4% yield and delivered a great recent quarter.

Consumer Products
BUY

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.

Consumer Products
BUY

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.

Consumer Products
BUY
They reported a fine quarter last month. It just raised its dividend which is now from 4.2%.
Consumer Products
HOLD
He likes this. They have very good numbers. People want to shop. Hold on.
Consumer Products
BUY ON WEAKNESS
He likes this sector and this stock. It's good. SKT is hot now, but let it fall back a bit.
Consumer Products
DON'T BUY
The rents paid were better previously (before Covid), but he is not recommending any companies operating in malls so that people don't get hurt by Covid.
Consumer Products
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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

Stockchase rating for Tanger Factory Outlet Centers is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

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 2024-11-22, Tanger Factory Outlet Centers (SKT-N) stock closed at a price of $36.49.