Tanger Inc. (SKT)
Tanger Statistics
Share Statistics
Tanger has 113.2M shares outstanding. The number of shares has increased by 3.07% in one year.
| Shares Outstanding | 113.2M |
| Shares Change (YoY) | 3.07% |
| Shares Change (QoQ) | 1.82% |
| Owned by Institutions (%) | 92.36% |
| Shares Floating | 110.34M |
| Failed to Deliver (FTD) Shares | 3.75K |
| FTD / Avg. Volume | 0.41% |
Short Selling Information
The latest short interest is 4.24M, so 3.75% of the outstanding shares have been sold short.
| Short Interest | 4.24M |
| Short % of Shares Out | 3.75% |
| Short % of Float | 3.85% |
| Short Ratio (days to cover) | 4.76 |
Valuation Ratios
The PE ratio is 37.72 and the forward PE ratio is 31.68. Tanger's PEG ratio is -11.82.
| PE Ratio | 37.72 |
| Forward PE | 31.68 |
| PS Ratio | 7.07 |
| Forward PS | 6.9 |
| PB Ratio | 5.47 |
| P/FCF Ratio | 14.27 |
| PEG Ratio | -11.82 |
Enterprise Valuation
Tanger has an Enterprise Value (EV) of 5.18B.
| EV / Sales | 9.85 |
| EV / EBITDA | 17.15 |
| EV / EBIT | 19.87 |
| EV / FCF | 19.87 |
Financial Position
The company has a current ratio of 0.44, with a Debt / Equity ratio of 2.22.
| Current Ratio | 0.44 |
| Quick Ratio | 0.44 |
| Debt / Equity | 2.22 |
| Debt / EBITDA | 4.99 |
| Debt / FCF | 5.79 |
| Interest Coverage | 4.77 |
Financial Efficiency
Return on Equity is 14.51% and Return on Invested Capital is 12.73%.
| Return on Equity | 14.51% |
| Return on Assets | 4.14% |
| Return on Invested Capital | 12.73% |
| Revenue Per Employee | $1.41M |
| Profits Per Employee | $265.04K |
| Employee Count | 372 |
| Asset Turnover | 0.22 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 0 |
| Effective Tax Rate | 0% |
Stock Price Statistics
The stock price has increased by 20.48% in the last 52 weeks. The beta is 1.44, so Tanger's price volatility has been higher than the market average.
| Beta | 1.44 |
| 52-Week Price Change | 20.48% |
| 50-Day Moving Average | 33.38 |
| 200-Day Moving Average | 32.42 |
| Relative Strength Index (RSI) | 47.04 |
| Average Volume (20 Days) | 922.61K |
Income Statement
In the last 12 months, Tanger had revenue of 526.06M and earned 98.59M in profits. Earnings per share was 0.91.
| Revenue | 526.06M |
| Gross Profit | 367.33M |
| Operating Income | 289.31M |
| Net Income | 98.59M |
| EBITDA | 302.09M |
| EBIT | 163.4M |
| Earnings Per Share (EPS) | 0.91 |
Balance Sheet
The company has 46.99M in cash and 1.51B in debt, giving a net cash position of -1.46B.
| Cash & Cash Equivalents | 46.99M |
| Total Debt | 1.51B |
| Net Cash | -1.46B |
| Retained Earnings | 0 |
| Total Assets | 2.38B |
| Working Capital | -60.78M |
Cash Flow
In the last 12 months, operating cash flow was 260.68M and capital expenditures 0, giving a free cash flow of 260.68M.
| Operating Cash Flow | 260.68M |
| Capital Expenditures | 0 |
| Free Cash Flow | 260.68M |
| FCF Per Share | 2.39 |
Margins
Gross margin is 69.83%, with operating and profit margins of 55% and 18.74%.
| Gross Margin | 69.83% |
| Operating Margin | 55% |
| Pretax Margin | 19.53% |
| Profit Margin | 18.74% |
| EBITDA Margin | 57.42% |
| EBIT Margin | 55% |
| FCF Margin | 49.55% |
Dividends & Yields
SKT pays an annual dividend of $1.39, which amounts to a dividend yield of 3.51%.
| Dividend Per Share | $1.39 |
| Dividend Yield | 3.51% |
| Dividend Growth (YoY) | 5.77% |
| Payout Ratio | 158.24% |
| Earnings Yield | 2.65% |
| FCF Yield | 7.01% |
Analyst Forecast
The average price target for SKT is $36.5, which is 14.1% higher than the current price. The consensus rating is "Buy".
| Price Target | $36.5 |
| Price Target Difference | 14.1% |
| Analyst Consensus | Buy |
| Analyst Count | 8 |
Stock Splits
The last stock split was on Jan 25, 2011. It was a forward split with a ratio of 2:1.
| Last Split Date | Jan 25, 2011 |
| Split Type | forward |
| Split Ratio | 2:1 |
Scores
| Altman Z-Score | 1.44 |
| Piotroski F-Score | 8 |