This summary was created by AI, based on 1 opinions in the last 12 months.
Tanger Factory Outlet Centers, symbol SKT-N, is a notable player in the REIT sector, specifically focusing on factory outlet properties. Experts have recently highlighted the company's strong performance in its latest quarterly results, which has further enhanced its appeal to investors. With an attractive yield exceeding 4%, Tanger presents a solid option for income-seeking investors. The overall review reflects optimism about the company's future prospects amidst a competitive landscape. This combination of consistent payouts and strong quarterly results positions Tanger Factory Outlet Centers as a compelling investment opportunity for those interested in real estate investment trusts.
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.
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
In the last year, 1 stock analyst published opinions about SKT-N. 1 analyst 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.
Tanger Factory Outlet Centers was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Tanger Factory Outlet Centers.
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.
1 stock analyst on Stockchase covered Tanger Factory Outlet Centers In the last year. It is a trending stock that is worth watching.
On 2025-03-31, Tanger Factory Outlet Centers (SKT-N) stock closed at a price of $33.8.
A REIT that holds factory outlets. Pays over a 4% yield and delivered a great recent quarter.