SKT - Tanger Factory Outlet Centers, Inc.
NYSE
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Real Estate
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REIT—Retail
Greensboro,
United States
Type: Equity
SKT price evolution
SKT
| (in millions $) | 31 Dec 2023 | 30 Oct 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $12.78 | $188.46 | $213 | $202.82 |
| Short term investments | ||||
| Net receivables | ||||
| Inventory | ||||
| Total current assets | $121.39 | $303.85 | $315.55 | $303.63 |
| Long term investments | ||||
| Property, plant & equipment | $2030.38 | $1761.89 | $1734.98 | $1718.63 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | ||||
| Total investments | $81.09 | $85.46 | $89.83 | $106.31 |
| Total assets | $2324.12 | $2205.3 | $2195.95 | $2185.39 |
| Current liabilities | ||||
| Accounts payable | $118.5 | $99.04 | $91.9 | $79.4 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $204.58 | $185.66 | $178.83 | $166.63 |
| Long term debt | $1439.2 | $1426.83 | $1427.39 | $1427.94 |
| Total noncurrent liabilities | ||||
| Total debt | $1525.28 | $1513.45 | $1514.32 | $1515.17 |
| Total liabilities | $1732.81 | $1692.87 | $1688.2 | $1679.09 |
| Shareholders' equity | ||||
| Retained earnings | -$490.17 | -$486.49 | -$488.27 | -$486.64 |
| Other shareholder equity | -$23.52 | -$16.8 | -$13.34 | -$14.16 |
| Total shareholder equity | $566.78 | $490.67 | $485.91 | $484.51 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $12.78 | $212.12 | $161.25 | $84.83 |
| Short term investments | ||||
| Net receivables | ||||
| Inventory | ||||
| Total current assets | $121.39 | $323.29 | $265.84 | $188.61 |
| Long term investments | $94.58 | |||
| Property, plant & equipment | $2030.38 | $1709.55 | $1735.18 | $1819.88 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | ||||
| Total investments | $81.09 | $126.26 | $82.65 | $94.58 |
| Total assets | $2324.12 | $2217.66 | $2157.38 | $2189.53 |
| Current liabilities | ||||
| Accounts payable | $118.5 | $104.74 | $93 | $88.25 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $204.58 | $192.27 | $181.87 | $145.36 |
| Long term debt | $1439.2 | $1428.49 | $1397.08 | $1567.89 |
| Total noncurrent liabilities | ||||
| Total debt | $1525.28 | $1516.02 | $1485.95 | $1657.99 |
| Total liabilities | $1732.81 | $1726.02 | $1657.6 | $1830.65 |
| Shareholders' equity | ||||
| Retained earnings | -$490.17 | -$485.56 | -$483.41 | -$420.1 |
| Other shareholder equity | -$23.52 | -$11.04 | -$17.76 | -$26.59 |
| Total shareholder equity | $566.78 | $491.64 | $477.93 | $341.39 |
| (in millions $) | 31 Dec 2023 | 30 Oct 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $127.48 | $110.64 | $108.94 | |
| Cost of revenue | $41.93 | $33.71 | $33.15 | |
| Gross Profit | $85.55 | $76.93 | $75.8 | |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $21.45 | $18.3 | $17.43 | |
| Total operating expenses | $53.69 | $43.69 | $43.33 | |
| Operating income | $31.86 | $33.24 | $32.47 | |
| Income from continuing operations | ||||
| EBIT | $35.72 | $36.17 | $35.88 | |
| Income tax expense | ||||
| Interest expense | $11.93 | $11.97 | $12.34 | |
| Net income | ||||
| Net income | $23.78 | $24.2 | $23.54 | |
| Income (for common shares) | $23.78 | $24.2 | $23.54 | |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $464.41 | $442.61 | $426.52 | $389.99 |
| Cost of revenue | $145.55 | $143.94 | $140.74 | $137.13 |
| Gross Profit | $318.86 | $298.68 | $285.79 | $252.86 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $76.13 | $71.53 | $65.82 | $47.73 |
| Total operating expenses | $185.02 | $183.44 | $182.81 | $232.1 |
| Operating income | $133.84 | $115.24 | $102.97 | $20.75 |
| Income from continuing operations | ||||
| EBIT | $147.08 | $129.03 | $61.98 | $26.86 |
| Income tax expense | ||||
| Interest expense | $47.93 | $46.97 | $52.87 | $63.14 |
| Net income | ||||
| Net income | $99.15 | $82.06 | $9.12 | -$36.28 |
| Income (for common shares) | $99.15 | $82.06 | $9.12 | -$36.28 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | $23.78 | $27.62 | $24.2 | $23.54 |
| Operating activities | ||||
| Depreciation | $32.23 | $25.37 | $25.39 | $25.89 |
| Business acquisitions & disposals | $3.11 | $0.04 | -$1.11 | $2.56 |
| Stock-based compensation | $3.47 | $3.39 | $3.38 | $2.27 |
| Total cash flows from operations | $77.5 | $53.19 | $73.34 | $25.57 |
| Investing activities | ||||
| Capital expenditures | -$331.46 | -$53.23 | -$47.66 | -$26.31 |
| Investments | $3.96 | $2.22 | $17.58 | $19.5 |
| Total cash flows from investing | -$322.42 | -$52.1 | -$33.16 | -$1.87 |
| Financing activities | ||||
| Dividends paid | -$27.47 | -$25.84 | -$25.84 | -$24.62 |
| Sale and purchase of stock | $86.55 | $3.08 | $0.03 | $0.01 |
| Net borrowings | $11.86 | -$1.29 | -$1.18 | -$1.16 |
| Total cash flows from financing | $69.05 | -$25.68 | -$29.64 | -$33.01 |
| Effect of exchange rate | $0.2 | $0.04 | -$0.36 | $0.01 |
| Change in cash and equivalents | -$175.68 | -$24.54 | $10.18 | -$9.3 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $99.15 | $82.06 | $9.12 | -$36.28 |
| Operating activities | ||||
| Depreciation | $108.89 | $111.9 | $110.01 | $117.14 |
| Business acquisitions & disposals | $4.6 | $11.72 | $12.57 | -$1.53 |
| Stock-based compensation | $12.51 | $12.97 | $12.75 | $12.52 |
| Total cash flows from operations | $229.61 | $213.96 | $217.72 | $164.75 |
| Investing activities | ||||
| Capital expenditures | -$458.66 | -$72.35 | -$40.23 | -$30.44 |
| Investments | $43.26 | -$52.45 | ||
| Total cash flows from investing | -$409.56 | -$98.82 | -$22.74 | -$18.77 |
| Financing activities | ||||
| Dividends paid | -$103.77 | -$84.21 | -$72.42 | -$66.56 |
| Sale and purchase of stock | $89.68 | $0.09 | $187.24 | |
| Net borrowings | $8.23 | $32.12 | -$217.71 | -$3.57 |
| Total cash flows from financing | -$19.28 | -$64.16 | -$118.38 | -$77.59 |
| Effect of exchange rate | -$0.12 | -$0.11 | -$0.18 | -$0.22 |
| Change in cash and equivalents | -$199.35 | $50.87 | $76.42 | $68.16 |
News
Fundamentals
| Market cap | $3.10B |
|---|---|
| Enterprise value | $4.61B |
| Shares outstanding | 108.79M |
| Revenue | N/A |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | N/A |
| Revenue Q/Q | 9.46% |
| Revenue Y/Y | N/A |
| P/E ratio | N/A |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | N/A |
| P/B ratio | 5.25 |
| Book/Share | 5.43 |
| Cash/Share | 0.12 |
| EPS | N/A |
|---|---|
| ROA | N/A |
| ROE | N/A |
| Debt/Equity | 3.06 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 0.59 |
| Quick ratio | 0.59 |