Tanger Factory Outlet Centers

Tanger Factory Outlet Centers, Inc. is a fully-integrated, self-administered and self-managed real estate investment trust. It focuses on developing, acquiring, owning, operating and managing outlet shopping centers. The company was founded by Stanley K. Tanger in 1981 and is headquartered in Greensboro, NC.

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Tanger Factory Outlet Centers reports solid Q4 performance and growth outlook

Tanger Factory Outlet Centers (SKT) delivered strong financial results in Q4 2022, with a focus on sustainable growth and enhancing the shopping experience. The company's commitment to carbon neutrality, solid financial position, and strategic initiatives position it well for future success. Challenges in managing expenses and addressing analyst queries are being actively navigated.

Tanger Factory Outlet Centers surpass Q1 expectations, eyes luxury expansion

Tanger Factory Outlet Centers delivered a strong performance in Q1, exceeding expectations across key financial metrics.
The company's strategic focus on digital initiatives, strong balance sheet, and dividend increase demonstrate resilience and growth potential.
While challenges like tenant mix optimization and perception management exist, Tanger is well-positioned to capitalize on opportunities for expansion and brand enhancement.

Tanger Factory Outlet Centers reports strong Q2 results and growth outlook

Tanger Factory Outlet Centers delivered strong financial performance and outlined growth initiatives in Q2 2023.
While facing challenges in guidance factors and market dynamics, Tanger's strategic focus on sustainability and growth opportunities is evident.
The company's proactive debt management, portfolio strength, and commitment to customer engagement position it well for future success.

Tanger Factory Outlet Centers (SKT) reports strong Q3 performance and growth opportunities

Tanger Factory Outlet Centers (SKT) delivered a robust performance in Q3, exceeding expectations with strong leasing and operational execution.
While facing short-term challenges in Q4, the company remains well-positioned with a solid balance sheet, increased guidance, and strategic growth initiatives.
Opportunities for sustained growth include optimizing tenant mix, leveraging leasing strength, and converting temporary tenancy to permanent occupancy.
Overall, Tanger's performance highlights resilience, strategic adaptability, and a focus on long-term stability and revenue growth.

Tanger Factory Outlet Centers (SKT) posts strong Q4 performance and eyes growth through strategic initiatives

Tanger Factory Outlet Centers (SKT) reported a strong Q4 2023 performance with notable financial growth and operational success.
The company's focus on strategic acquisitions, asset management, and digital initiatives positions it well for future growth and value creation.
Challenges include managing uncollectible rents, transitioning temporary tenants to permanent occupancy, and attracting luxury retailers in a competitive market.
Opportunities lie in driving growth through leasing strategies, acquisitions, remerchandising, and diversification to enhance revenue streams and tenant mix.

Tanger Factory Outlet Centers (SKT) reports robust Q1 performance and growth strategies

Tanger Factory Outlet Centers (SKT) delivered strong financial results and occupancy levels in Q1 2024, driven by strategic initiatives and a focus on customer engagement.
The company's emphasis on enhancing the merchandising mix and pursuing growth opportunities positions them well for future expansion and sales growth.
Challenges in expense recovery and outlet space demand are being addressed, while opportunities in expansion and revenue diversification are actively pursued.

Tanger Factory Outlet Centers (SKT) reports strong Q2 performance and growth outlook

Tanger's Q2 2024 earnings call showcased robust financial performance, sustainability initiatives, and a positive outlook for growth. Despite challenges like NOI growth deceleration, the company remains focused on enhancing tenant relationships and exploring new opportunities for expansion.

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Tanger, Inc. engages in the operation of upscale open-air outlet centers. The firm focuses on developing, acquiring, owning, operating, and managing outlet shopping centers. The company was founded by Stanley K. Tanger in 1981 and is headquartered in Greensboro, NC.

Tanger Inc. (NYSE:SKT ) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Ashley Curtis - Assistant VP of IR Stephen Yalof - President and CEO Michael Bilerman - CFO and CIO Justin Stein - EVP, Leasing Conference Call Participants Jeff Spector - Bank of America Todd Thomas - KeyBanc Capital Markets Hong Zhang - JPMorgan Caitlin Burrows - Goldman Sachs Floris van Dijkum - Compass Point Operator Good morning. I'm Ashley Curtis, Assistant Vice-President of Investor Relations, and I would like to welcome you to Tanger Inc.'s Third Quarter 2024 Conference Call.

Tanger Inc. (SKT) Q3 2024 Earnings Call Transcript

Tanger (SKT) came out with quarterly funds from operations (FFO) of $0.54 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to FFO of $0.50 per share a year ago.

Tanger (SKT) Q3 FFO and Revenues Surpass Estimates

GREENSBORO, N.C.--(BUSINESS WIRE)--Tanger® (NYSE:SKT), a leading owner and operator of outlet and open-air retail shopping destinations, today reported financial results and operating metrics for the three and nine months ended September 30, 2024. “I am pleased to announce another quarter of strong performance and an increase in our full-year guidance,” said Stephen Yalof, President and Chief Executive Officer. “Our team remains focused on elevating our shopper experience and attracting in-dema.

Tanger Reports Third Quarter Results and Raises Full-Year 2024 Guidance

Does Tanger (SKT) have what it takes to be a top stock pick for momentum investors? Let's find out.

What Makes Tanger (SKT) a Strong Momentum Stock: Buy Now?

GREENSBORO, N.C.--(BUSINESS WIRE)--Tanger® (NYSE: SKT), a leading owner and operator of outlet and open-air retail shopping destinations, announced today that its Board of Directors declared a quarterly cash dividend of $0.275 per share, payable on November 15, 2024 to common shareholders of record on October 31, 2024. About Tanger® Tanger Inc. (NYSE: SKT) is a leading owner and operator of outlet and open-air retail shopping destinations, with over 43 years of expertise in the retail and outle.

Tanger Declares Dividend Payable November 15, 2024

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GREENSBORO, N.C. , Sept. 23, 2024 /PRNewswire/ -- Tanger® (NYSE: SKT), a leading operator of outlet and open-air retail shopping destinations, announced today that the company's board of directors has elected Sonia Syngal as a director of the company, effective September 23, 2024.

Tanger Announces the Election of Retail Industry Leader Sonia Syngal to its Board of Directors

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Tanger stands out due to its diversified portfolio, strong leasing spread growth, and attractive valuation. The REIT's efficient management and short-term leases offer significant growth potential for the dividend and price. Despite above-average leverage, Tanger maintains strong liquidity. With a high dividend coverage and still attractively priced shares, both dividend and value investors should consider the merits of this REIT.

Tanger: Fast Dividend Growth And Attractive Valuation

Amid limited supply and an emphasis on omnichannel retailing, adaptability and essential retail tenants, the Zacks REIT and Equity Trust - Retail industry stocks BRX, SKT and BFS are in focus.

3 Retail REITs Poised to Gain From Upbeat Industry Fundamentals

Tanger Inc. is a growing REIT with strong FFO growth, paying out only 50% of its funds from operations, indicating dividend safety and potential hikes. Tanger's portfolio boasts high occupancy rates (97.1%) and robust leasing metrics, attracting major tenants like Nike and Under Armour. Despite pandemic setbacks, Tanger has restored occupancy and reinstated dividends, with expectations for continued dividend increases due to low payout ratios.

Tanger Factory: 3.5% Yield, Margin Of Safety, Moderate FFO Multiple

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Tanger boasts a strong portfolio of strategically located open-air outlet centers, demonstrating resilience with high occupancy rates and robust same-store NOI growth. SKT's simple, low-maintenance business model and proactive tenant management contribute to its profitability and stability. The stock offers a well-covered 3.6% dividend yield, with a payout ratio of 51%, and potential for future growth and dividend increases.

Tanger: Building Wealth With Consistent Returns And Growth

GREENSBORO, N.C. , Aug. 21, 2024 /PRNewswire/ -- Tanger® (NYSE: SKT), a leading owner and operator of outlet and open-air retail shopping destinations, announced today that its financial results for the quarter ended September 30, 2024 will be released on Wednesday, November 6, 2024 after the market close.

Tanger Schedules Third Quarter 2024 Earnings Release and Conference Call

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Tanger Inc. (NYSE:SKT ) Q2 2024 Earnings Call Transcript August 2, 2024 8:30 AM ET Company Participants Ashley Curtis - Assistant VP of IR Stephen Yalof - President and CEO Michael Bilerman - CFO and CIO Conference Call Participants Andrew Reale - Bank of America Floris van Dijkum - Compass Point Todd Thomas - KeyBanc Capital Markets Craig Mailman - Citigroup Greg McGinniss - Scotiabank Samir Khanal - Evercore ISI Caitlin Burrows - Goldman Sachs Mike Mueller - JPMorgan Operator Good morning. I'm Ashley Curtis, Assistant Vice President of Investor Relations, and I would like to welcome you to Tanger Inc's Second Quarter 2024 Conference Call.

Tanger Inc. (SKT) Q2 2024 Earnings Call Transcript

Tanger (SKT) came out with quarterly funds from operations (FFO) of $0.53 per share, beating the Zacks Consensus Estimate of $0.52 per share. This compares to FFO of $0.47 per share a year ago.

Tanger (SKT) Q2 FFO and Revenues Top Estimates

Achieves 10th Consecutive Quarter of Positive Rent Spreads Successfully Executing on Tenant Diversification and Re-merchandising Strategy Balance Sheet Remains Well Positioned GREENSBORO, N.C. , Aug. 1, 2024 /PRNewswire/ -- Tanger® (NYSE:SKT), a leading owner and operator of outlet and open-air retail shopping destinations, today reported financial results and operating metrics for the three and six months ended June 30, 2024.

Tanger Reports Second Quarter Results and Raises Full-Year 2024 Guidance

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GREENSBORO, N.C. , July 16, 2024 /PRNewswire/ -- Tanger®  (NYSE: SKT), a leading owner and operator of outlet and open-air retail shopping destinations, announced today that its Board of Directors declared a quarterly cash dividend of $0.275 per share, payable on August 15, 2024 to common shareholders of record on July 31, 2024.

Tanger Declares Dividend Payable August 15, 2024

Tanger Inc. offers strong value for passive income investors with robust same center net operating income growth and high shopping center occupancy. The trust has low FFO multiple, positive rental spreads, and upcoming lease expirations that could lead to growth in net operating income and funds from operations. Tanger's dividend has increased by 6% in April, with potential for further growth due to re-leasing efforts and strong rental spreads.

Tanger: 4% Yield, Re-Tenanting Upside, Low FFO Multiple

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GREENSBORO, N.C. , June 6, 2024 /PRNewswire/ --  Tanger®  (NYSE: SKT), a leading owner and operator of outlet and open-air retail shopping destinations, has been recognized by Nareit, the National Association of Real Estate Investment Trusts, with the 2024 Nareit Investor CARE (Communications and Reporting Excellence) Gold Award in the Small Cap Equity REIT category.

Tanger Inc. Receives 2024 Nareit Investor CARE Gold Award for Excellence in Communications and Reporting

Prestige beauty brand will open five stores in Tanger shopping centers later this year, growing and elevating Tanger's beauty and wellness offerings GREENSBORO, N.C. , June 3, 2024 /PRNewswire/ --  Tanger®  (NYSE: SKT), a leading owner and operator of outlet and open-air retail shopping destinations, will bring five additional Sephora stores to its shopping centers this year, significantly advancing Tanger's offerings in the beauty and wellness category.

News for Tanger Factory Outlet Centers Stock (SKT)