Type
|
Public |
---|---|
Traded as | NYSE: SKT S&P 400 Component |
Industry | Outlet malls |
Founded | 1981 (listed 1993) |
Headquarters | Greensboro, North Carolina |
Key people
|
Stanley K. Tanger, Steven B Tanger (CEO) |
Net income
|
$34.25 million USD (2011-12-31) |
Number of employees
|
200 |
Website | www |
Tanger Factory Outlet Centers, Inc. (/ˈtæŋ.ər/ TANG-er) (NYSE: SKT) is a real estate company that owns the chain Tanger Outlets, an outlet mall company headquartered in Greensboro, North Carolina.
The company derives its name from founder Stanley Tanger who opened the Burlington Manufacturer's Outlet Center (BMOC) in Burlington, North Carolina, in 1981. As of 2011, the company has 35 centers in 24 states.
The company operates as a REIT. In June 1993 it became the first publicly traded outlet company when it was listed on the New York Stock Exchange.
As of December 31, 2006, Tanger's 30 centers represented a gross leasable area (GLA) of approximately 8,400,000 square feet (780,000 m) and consisted of more than 1,800 stores, representing about 380 store brands. According to its website it had 150 million shoppers in 2006.
On January 24, 2011, it announced a $1 billion partnership with Canadian-based RioCan Real Estate Investment Trust to open up to 15 outlet locations in Canada within 7 years. It secured its first location in the Greater Toronto Area of Milton, Ontario at the Highway 401 and James Snow Parkway interchange to be ready for an April 2013 opening. Another planned location would be near the Canadian Tire Centre and Highway 417 in the western edge of Ottawa.
In November 2012, Tanger announced it will join Simon Property Group in constructing a new 400,000 sq. ft. center in Charlotte, North Carolina.
Tenants in its centers include Liz Claiborne, Gap, Banana Republic, Old Navy, Polo Ralph Lauren, Reebok, Tommy Hilfiger, Nautica, Abercrombie & Fitch, Hollister, Eddie Bauer, Brooks Brothers and Nike.
Period | Date | Adjusted Actuals EPS | GAAP EPS |
---|---|---|---|
Q3 2022 | 2022-10-31 | Future report Set alerts | |
Q2 2022 | 2022-08-08 | 0.19 | 0.19 |
Q1 2022 | 2022-05-05 | 0.19 | 0.19 |
Q4 2021 | 2022-02-17 | 0.12 | 0.12 |
Q3 2021 | 2021-11-01 | -0.11 | -0.11 |
Q2 2021 | 2021-08-03 | 0.02 | 0.02 |
Q1 2021 | 2021-05-05 | 0.04 | 0.04 |
Q4 2020 | 2021-02-17 | 0.00 | 0.00 |
Q3 2020 | 2020-11-05 | 0.11 | 0.14 |
Q2 2020 | 2020-08-05 | -0.25 | -0.25 |
2016-07-06 | Downgrade | Hilliard Lyons | Buy to Neutral | |
2016-04-23 | Reiterated Rating | Goldman Sachs | Buy | |
2016-04-23 | Reiterated Rating | Goldman Sachs Group Inc. | Buy | |
2016-04-04 | Downgrade | Citigroup Inc. | Buy to Neutral | $34.00 to $35.00 |
2016-03-21 | Boost Price Target | Evercore ISI | Hold | $35.00 to $36.00 |
2016-02-16 | Upgrade | Citigroup Inc. | Neutral to Buy | |
2016-02-11 | Upgrade | Hilliard Lyons | Neutral to Buy | $35.00 |
2016-01-27 | Initiated Coverage | Boenning Scattergood | Underperform | |
2015-12-08 | Upgrade | Goldman Sachs | Neutral to Buy | |
2015-10-30 | Boost Price Target | RBC Capital | $42.00 to $44.00 | |
2015-10-30 | Boost Price Target | Royal Bank Of Canada | $42.00 to $44.00 | |
2015-10-29 | Downgrade | Hilliard Lyons | Buy to Neutral | |
2015-10-07 | Reiterated Rating | RBC Capital | Outperform | $42.00 |
2015-10-06 | Upgrade | Bank of America | Underperform to Neutral | $35.00 to $38.00 |
2015-10-06 | Upgrade | Bank of America Corp. | Underperform to Neutral | $35.00 to $38.00 |
2015-09-08 | Lower Price Target | Evercore Partners Inc. | Hold | $36.00 to $35.00 |
2015-09-08 | Reiterated Rating | Evercore ISI | Hold | $35.00 |
2015-08-25 | Upgrade | Hilliard Lyons | Neutral to Buy | |
2015-07-21 | Lower Price Target | Jefferies Group | Hold | $38.00 to $36.00 |
2015-07-21 | Lower Price Target | Citigroup Inc. | Neutral | $37.00 to $36.00 |
2015-06-09 | Reiterated Rating | Evercore ISI | Hold | $38.00 to $37.00 |
2015-03-20 | Lower Price Target | Citigroup Inc. | Neutral | $40.00 to $37.00 |
2015-02-12 | Downgrade | Evercore ISI | Buy to Hold | |
2015-01-08 | Downgrade | Bank of America | Neutral to Underperform | $36.00 |
2014-12-18 | Downgrade | Stifel Nicolaus | Buy to Hold | |
2014-12-16 | Downgrade | Citigroup Inc. | Buy to Neutral | |
2014-12-09 | Boost Price Target | JPMorgan Chase & Co. | Neutral | $36.00 to $39.00 |
2014-11-26 | Lower Price Target | Jefferies Group | Hold | $35.00 to $34.00 |
2014-09-29 | Upgrade | Evercore ISI | Neutral to Buy | $38.00 |
2014-07-22 | Boost Price Target | Jefferies Group | $35.00 to $37.00 | |
2014-06-10 | Reiterated Rating | JPMorgan Chase & Co. | Neutral | $36.00 to $38.00 |
2013-11-01 | Reiterated Rating | Bank of America | Hold | $36.00 |
2013-11-01 | Lower Price Target | RBC Capital | Outperform | $43.00 to $40.00 |
2013-09-27 | Reiterated Rating | RBC Capital | Outperform | $32.78 |
2013-09-18 | Downgrade | Jefferies Group | Buy to Hold | $40.00 to $35.00 |
2011-12-21 | Downgrade | Hilliard Lyons | Long-term Buy to Neutral | |
2011-04-29 | Downgrade | KeyBanc Capital Mkts | Buy to Hold | |
2010-07-01 | Initiated | KeyBanc Capital Mkts | Buy | $48 |
2009-04-03 | Initiated | RBC Capital Mkts | Outperform | |
2009-01-12 | Downgrade | Citigroup | Buy to Hold | |
2008-10-03 | Downgrade | Banc of America Sec | Buy to Neutral | |
2007-05-18 | Upgrade | Banc of America Sec | Neutral to Buy | $42 to $45 |
2016-07-06 | Downgrade | Hilliard Lyons | Buy to Neutral | |
2016-04-23 | Reiterated Rating | Goldman Sachs | Buy | |
2016-04-23 | Reiterated Rating | Goldman Sachs Group Inc. | Buy | |
2016-04-04 | Downgrade | Citigroup Inc. | Buy to Neutral | $34.00 to $35.00 |
2016-03-21 | Boost Price Target | Evercore ISI | Hold | $35.00 to $36.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In SKT 220 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
BlackRock Inc. | 18.52M |
Vanguard Group, Inc | 16.58M |
STATE STREET CORP | 6.24M |
BlackRock Fund Advisors | 4.16M |
BlackRock Institutional Trust Company, N.A. | 3.99M |
AMERIPRISE FINANCIAL INC | 2.54M |
LSV ASSET MANAGEMENT | 2.50M |
GEODE CAPITAL MANAGEMENT, LLC | 1.99M |
NORTHERN TRUST CORP | 1.82M |
SCHWAB CHARLES INVESTMENT MANAGEMENT INC | 1.82M |
MARATHON ASSET MANAGEMENT LLP | 1.63M |
RUSSELL FRANK CO/ | 1.43M |
DIMENSIONAL FUND ADVISORS LP | 1.43M |
WELLINGTON MANAGEMENT CO LLP | 1.40M |
MORGAN STANLEY | 1.23M |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
TANGER STEVEN B President and CEO | 1.15% (1106983) | SKT / TFM / |
MARCHISELLO FRANK C JR Executive VP, CFO, Secretary | 0.30% (290023) | SKT / |
McDonough Thomas E. EVP, Chief Operating Officer | 0.21% (197056) | SKT / |
AFRICK JACK | 0.18% (170596) | SKT / |
Perry Chad EVP,General Counsel,Secretary | 0.09% (91017) | SKT / |
BENTON WILLIAM G | 0.09% (85967) | SKT / |
Williams James Floyd Sr.Vice President & Controller | 0.08% (76881) | SKT / |
GELDNER CARRIE A S.V.P. Chief Marketing Officer | 0.06% (57858) | SKT / |
ROBINSON THOMAS E | 0.06% (53892) | ESS / FPO / SKT / |
SCHUMAN ALLAN L | 0.05% (51473) | SKT / |
Berman Bridget Ryan | 0.05% (51403) | ABG / SKT / |
MORRISON LISA J Senior VP Leasing | 0.05% (49667) | SKT / |
REDDIN THOMAS | 0.05% (43451) | ABG / DLX / SKT / VCI / |
Worsham Charles Allen SVP,Construction & Development | 0.04% (40443) | SKT / |
CITRIN JEFFREY B | 0.03% (33128) | SKT / |
SUMMERELL VIRGINIA R Senior VP, Treasurer | 0.03% (30785) | SKT / |
Guerrieri Thomas Joseph JR VP, CAO and Controller | 0.03% (29307) | SKT / |
DRAPKIN DONALD G | 0.03% (28659) | SKT / |
JESSUP MANUEL O Senior VP - Human Resources | 0.02% (22400) | SKT / |
HENRY DAVID | 0.02% (16807) | ARCP / CXP / HCP / KIM / SKT / |