The company's fundamentals are relatively stable. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. The company is performing well in the stock market, with strong fundamentals and technicals supporting the current trend. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Tanger Inc's Score
Industry at a Glance
Industry Ranking
30 / 197
Overall Ranking
90 / 4611
Industry
Residential & Commercial REITs
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
12
analysts
Buy
Current Rating
36.200
Target Price
+4.99%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Tanger Inc Highlights
StrengthsRisks
Tanger Inc. is an owner and operator of outlet and open-air centers in the United States and Canada. The Company is a fully integrated, self-administered and self-managed real estate investment trust (REIT), which focuses on developing, acquiring, owning, operating and managing outlet and open-air shopping centers. Its outlet centers and other assets are held by, and all its operations are conducted by Tanger Properties Limited Partnership and subsidiaries (Operating Partnership). The Company operates 38 outlet centers, one adjacent managed center and two open-air lifestyle center comprises over 15 million square feet well positioned across tourist destinations and vibrant markets in 21 United States and Canada. It offers over 3,000 stores operated by more than 700 different brand name companies. Its consolidated outlet centers include Deer Park, New York, Riverhead, Foley, Alabama, Bridge Street Town Centre, and others.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 18.85% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 526.06M.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 123.10%.
Overvalued
The company’s latest PE is 35.95, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 108.67M shares, decreasing 2.37% quarter-over-quarter.
Tanger Inc. is an owner and operator of outlet and open-air centers in the United States and Canada. The Company is a fully integrated, self-administered and self-managed real estate investment trust (REIT), which focuses on developing, acquiring, owning, operating and managing outlet and open-air shopping centers. Its outlet centers and other assets are held by, and all its operations are conducted by Tanger Properties Limited Partnership and subsidiaries (Operating Partnership). The Company operates 38 outlet centers, one adjacent managed center and two open-air lifestyle center comprises over 15 million square feet well positioned across tourist destinations and vibrant markets in 21 United States and Canada. It offers over 3,000 stores operated by more than 700 different brand name companies. Its consolidated outlet centers include Deer Park, New York, Riverhead, Foley, Alabama, Bridge Street Town Centre, and others.