Tanger SKT
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Tanger (SKT) Business Model and Operations Summary
Tanger Inc is a leading owner and operator of outlet and open-air retail shopping destinations. Tanger's portfolio of 38 outlet centers and one open-air lifestyle center comprises over 15 million square feet well positioned across tourist destinations and vibrant markets in U.S. states and Canada.
Key Insights
Tanger (SKT) Core Market Data and Business Metrics
Latest Closing Price
$34.65Market Cap
$3.79 BillionPrice-Earnings Ratio
78.75Total Outstanding Shares
109.35 Million SharesTotal Employees
407Dividend
$0.28 Per Share QuarterlyIPO Date
June 4, 1993SIC Description
Real Estate Investment TrustsPrimary Exchange
New York Stock ExchangeHeadquarters
3200 Northline Avenue Suite 360, Greensboro, NC, 27408
Historical Stock Splits
If you bought 1 share of SKT before January 25, 2011, you'd have 2 shares today.
| Execution Date | Split Amount |
|---|---|
| January 25, 2011 | 2-for-1 |
Short Interest
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Avg Daily Volume | Days to Cover | Settlement Date | Short Interest |
|---|---|---|---|
| 932,908 Shares | 4.62 | 3/14/2025 | 4,314,511 Shares |
| 890,895 Shares | 4.76 | 2/28/2025 | 4,244,921 Shares |
| 788,375 Shares | 5.11 | 2/14/2025 | 4,025,946 Shares |
| 677,268 Shares | 7.1 | 1/31/2025 | 4,808,526 Shares |
| 574,566 Shares | 8.88 | 1/15/2025 | 5,101,933 Shares |
| 909,065 Shares | 5.08 | 12/31/2024 | 4,618,625 Shares |
Cash Flow Statement
July 1, 2024 to September 30, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Financing Activities, Continuing | $-43.33 Million |
| Net Cash Flow, Continuing | $2.13 Million |
| Net Cash Flow From Investing Activities, Continuing | $-19.71 Million |
| Exchange Gains/Losses | $-140,000 |
| Net Cash Flow | $1.99 Million |
| Net Cash Flow From Financing Activities | $-43.33 Million |
Income Statement
July 1, 2024 to September 30, 2024
| Metric | Value |
|---|---|
| Diluted Average Shares | $110.70 Million |
| Net Income/Loss Attributable To Parent | $24.86 Million |
| Participating Securities, Distributed And Undistributed Earnings/Loss, Basic | $464,000 |
| Basic Average Shares | $108.97 Million |
| Costs And Expenses | $109.38 Million |
| Income/Loss From Continuing Operations Before Tax | $23.62 Million |
Comprehensive Income
July 1, 2024 to September 30, 2024
| Metric | Value |
|---|---|
| Other Comprehensive Income/Loss | $-7.03 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $792,000 |
| Comprehensive Income/Loss Attributable To Parent | $18.11 Million |
| Comprehensive Income/Loss | $18.90 Million |
Balance Sheet
July 1, 2024 to September 30, 2024
| Metric | Value |
|---|---|
| Equity Attributable To Parent | $568.29 Million |
| Equity Attributable To Noncontrolling Interest | $24.34 Million |
| Current Liabilities | $1.68 Billion |
| Noncurrent Assets | $0 |
| Equity | $592.63 Million |
| Assets | $2.28 Billion |
Historical Dividends
Current dividend: $0.28 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Jan 17, 2025 | Feb 14, 2025 | Jan 31, 2025 | $0.275 | Quarterly |
| Oct 10, 2024 | Nov 15, 2024 | Oct 31, 2024 | $0.275 | Quarterly |
| Jul 16, 2024 | Aug 15, 2024 | Jul 31, 2024 | $0.275 | Quarterly |
| Apr 10, 2024 | May 15, 2024 | Apr 30, 2024 | $0.275 | Quarterly |
| Jan 17, 2024 | Feb 15, 2024 | Jan 31, 2024 | $0.26 | Quarterly |
| Oct 13, 2023 | Nov 15, 2023 | Oct 31, 2023 | $0.26 | Quarterly |