Tanger Inc. (SKT)
Tanger Statistics
Share Statistics
Tanger has 110.69M shares outstanding. The number of shares has increased by 1.63% in one year.
| Shares Outstanding | 110.69M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | 1.22% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 108.11M |
| Failed to Deliver (FTD) Shares | 680 |
| FTD / Avg. Volume | 0.09% |
Short Selling Information
The latest short interest is 3.77M, so 3.41% of the outstanding shares have been sold short.
| Short Interest | 3.77M |
| Short % of Shares Out | 3.41% |
| Short % of Float | 3.49% |
| Short Ratio (days to cover) | 6.08 |
Valuation Ratios
The PE ratio is 29.27 and the forward PE ratio is 41.02. Tanger 's PEG ratio is 2.29.
| PE Ratio | 29.27 |
| Forward PE | 41.02 |
| PS Ratio | 6.25 |
| Forward PS | 7.3 |
| PB Ratio | 5.12 |
| P/FCF Ratio | 12.64 |
| PEG Ratio | 2.29 |
Enterprise Valuation
Tanger Inc. has an Enterprise Value (EV) of 4.43B.
| EV / Earnings | 44.65 |
| EV / Sales | 9.53 |
| EV / EBITDA | 18.24 |
| EV / EBIT | 33.08 |
| EV / FCF | 19.28 |
Financial Position
The company has a current ratio of 0.17, with a Debt / Equity ratio of 2.69.
| Current Ratio | 0.17 |
| Quick Ratio | 0.17 |
| Debt / Equity | 2.69 |
| Total Debt / Capitalization | 72.91 |
| Cash Flow / Debt | 0.15 |
| Interest Coverage | 2.79 |
Financial Efficiency
Return on equity (ROE) is 0.17% and return on capital (ROIC) is 6.32%.
| Return on Equity (ROE) | 0.17% |
| Return on Assets (ROA) | 0.04% |
| Return on Capital (ROIC) | 6.32% |
| Revenue Per Employee | 1.28M |
| Profits Per Employee | 272.39K |
| Employee Count | 364 |
| Asset Turnover | 0.2 |
| Inventory Turnover | 0 |
Taxes
| Income Tax | 0 |
| Effective Tax Rate | 0 |
Stock Price Statistics
The stock price has increased by 20.54% in the last 52 weeks. The beta is 1.84, so Tanger 's price volatility has been higher than the market average.
| Beta | 1.84 |
| 52-Week Price Change | 20.54% |
| 50-Day Moving Average | 34.89 |
| 200-Day Moving Average | 30.83 |
| Relative Strength Index (RSI) | 49.56 |
| Average Volume (20 Days) | 722.91K |
Income Statement
In the last 12 months, Tanger had revenue of 464.41M and earned 99.15M in profits. Earnings per share was 0.94.
| Revenue | 464.41M |
| Gross Profit | 318.86M |
| Operating Income | 133.84M |
| Net Income | 99.15M |
| EBITDA | 242.73M |
| EBIT | 133.84M |
| Earnings Per Share (EPS) | 0.94 |
Balance Sheet
The company has 12.78M in cash and 1.53B in debt, giving a net cash position of -1.51B.
| Cash & Cash Equivalents | 12.78M |
| Total Debt | 1.53B |
| Net Cash | -1.51B |
| Retained Earnings | -490.17M |
| Total Assets | 2.28B |
| Working Capital | -75.71M |
Cash Flow
In the last 12 months, operating cash flow was 229.61M and capital expenditures -3.10M, giving a free cash flow of 229.61M.
| Operating Cash Flow | 229.61M |
| Capital Expenditures | -3.10M |
| Free Cash Flow | 229.61M |
| FCF Per Share | 2.19 |
Margins
Gross margin is 68.66%, with operating and profit margins of 28.82% and 21.35%.
| Gross Margin | 68.66% |
| Operating Margin | 28.82% |
| Pretax Margin | 22.37% |
| Profit Margin | 21.35% |
| EBITDA Margin | 52.27% |
| EBIT Margin | 28.82% |
| FCF Margin | 49.44% |
Dividends & Yields
SKT pays an annual dividend of $1.1, which amounts to a dividend yield of 3.35%.
| Dividend Per Share | $1.10 |
| Dividend Yield | 3.35% |
| Dividend Growth (YoY) | 5.77% |
| Payout Ratio | 126.44% |
| Earnings Yield | 2.8% |
| FCF Yield | 6.17% |
Analyst Forecast
The average price target for SKT is $36, which is 7% higher than the current price. The consensus rating is "Hold".
| Price Target | $36 |
| Price Target Difference | 7% |
| Analyst Consensus | Hold |
| Analyst Count | 7 |
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 | 1.48 |
| Piotroski F-Score | 6 |