Tanger Factory Outlet Centers Inc
NYSE:SKT

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Tanger Factory Outlet Centers Inc
NYSE:SKT
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Price: 34.34 USD -0.03% Market Closed
Market Cap: 3.8B USD
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Tanger Factory Outlet Centers Inc
Net Income (Common)

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Tanger Factory Outlet Centers Inc
Net Income (Common) Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Net Income (Common) CAGR 3Y CAGR 5Y CAGR 10Y
Tanger Factory Outlet Centers Inc
NYSE:SKT
Net Income (Common)
$94.9m
CAGR 3-Years
N/A
CAGR 5-Years
-4%
CAGR 10-Years
2%
Federal Realty Investment Trust
NYSE:FRT
Net Income (Common)
$284.4m
CAGR 3-Years
7%
CAGR 5-Years
2%
CAGR 10-Years
6%
Simon Property Group Inc
NYSE:SPG
Net Income (Common)
$2.4B
CAGR 3-Years
7%
CAGR 5-Years
1%
CAGR 10-Years
6%
Kimco Realty Corp
NYSE:KIM
Net Income (Common)
$626.4m
CAGR 3-Years
-14%
CAGR 5-Years
8%
CAGR 10-Years
13%
Realty Income Corp
NYSE:O
Net Income (Common)
$866.7m
CAGR 3-Years
22%
CAGR 5-Years
17%
CAGR 10-Years
15%
Regency Centers Corp
NASDAQ:REG
Net Income (Common)
$390m
CAGR 3-Years
6%
CAGR 5-Years
7%
CAGR 10-Years
11%
No Stocks Found

Tanger Factory Outlet Centers Inc
Glance View

Market Cap
3.8B USD
Industry
Real Estate

Tanger Factory Outlet Centers Inc., rooted in a rich history, has carved a distinct niche within the retail real estate sector. Founded by Stanley K. Tanger in 1981, this company pioneered the open-air outlet shopping experience, transforming it into a mainstream retail concept. Tanger's business model capitalizes on owning, operating, and developing high-quality outlet centers across North America. Each center is strategically positioned in diverse locations often within proximity to major metropolitan areas or popular vacation destinations, drawing a consistent flow of price-conscious consumers seeking premium brands at reduced prices. The company thrives by leasing retail space to renowned brand-name manufacturers, offering them a direct-to-consumer channel to clear inventory and showcase their products. Revenue generation at Tanger is tied intrinsically to its tenants' success and the company's ability to maintain high occupancy rates. It employs a flexible leasing strategy that blends fixed base rents with variable income streams such as percentage rent, which ties lease payments to tenant sales performance. This structure aligns Tanger's interests with those of its tenants, as higher sales translate into increased rent revenues. Furthermore, the company is adept at incorporating marketing and events to attract foot traffic, enhancing the shopping experience to encourage consumer spending. Such initiatives ensure steady income flows while mitigating the impact of retail cycles, supporting their sustained growth within a competitive industry landscape.

SKT Intrinsic Value
24.68 USD
Overvaluation 28%
Intrinsic Value
Price

See Also

What is Tanger Factory Outlet Centers Inc's Net Income (Common)?
Net Income (Common)
94.9m USD

Based on the financial report for Sep 30, 2024, Tanger Factory Outlet Centers Inc's Net Income (Common) amounts to 94.9m USD.

What is Tanger Factory Outlet Centers Inc's Net Income (Common) growth rate?
Net Income (Common) CAGR 10Y
2%

Over the last year, the Net Income (Common) growth was 2%.

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