1 11 8 1999 I 1988 IFTER I Walter Bibikow Tanger Inc. (NYSE:SKT) is a growing shopping center-focused real estate investment trust that produces a very substantial amount of excess dividend coverage and strong core funds from operation from its large-scale property portfolio in North America. Tanger only pays out 50% of its funds from operations and revised its guidance for 2024 core funds from operations upward in the last quarter. In addition, Tanger has strong lease metrics and continues to grow its FFO. ...

Daniel Grizelj As a value investor, I'm tuned to look for deals, especially when it comes to income stocks. However, waiting only on bargains can have drawbacks, as it can sometimes result in missing out on great opportunities. This brings me to Tanger Inc. (NYSE:SKT) for which I have been bullish about the prospects but cautious around valuation. In hindsight, those misgivings may have been overly conservative, considering the advantages that SKT carry over traditional retailers, including the simplicity o ...

GREENSBORO, N.C., Aug. 21, 2024 /PRNewswire/ -- Tanger® (NYSE: SKT), a leading owner and operator of outlet and open-air retail shopping destinations, announced today that its financial results for the quarter ended September 30, 2024 will be released on Wednesday, November 6, 2024 after the market close. The Company will host its conference call for analysts, investors, and other interested parties on Thursday, November 7, 2024 at 8:30 a.m. Eastern Time. To access the conference call, listeners should dial ...

Tanger Inc. (NYSE:SKT) Q2 2024 Earnings Call Transcript August 2, 2024 8:30 AM ET Company Participants Ashley Curtis - Assistant VP of IR Stephen Yalof - President and CEO Michael Bilerman - CFO and CIO Conference Call Participants Andrew Reale - Bank of America Floris van Dijkum - Compass Point Todd Thomas - KeyBanc Capital Markets Craig Mailman - Citigroup Greg McGinniss - Scotiabank Samir Khanal - Evercore ISI Caitlin Burrows - Goldman Sachs Mike Mueller - JPMorgan Operator Good morning. I'm Ashley Curti ...

Tanger (SKT) came out with quarterly funds from operations (FFO) of $0.53 per share, beating the Zacks Consensus Estimate of $0.52 per share. This compares to FFO of $0.47 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of 1.92%. A quarter ago, it was expected that this factory outlet mall operator would post FFO of $0.51 per share when it actually produced FFO of $0.52, delivering a surprise of 1.96%. Over the last four quarters, th ...

GREENSBORO, N.C., July 16, 2024 /PRNewswire/ -- Tanger® (NYSE: SKT), a leading owner and operator of outlet and open-air retail shopping destinations, announced today that its Board of Directors declared a quarterly cash dividend of $0.275 per share, payable on August 15, 2024 to common shareholders of record on July 31, 2024. Tanger Inc. (NYSE: SKT) is a leading owner and operator of outlet and open-air retail shopping destinations, with over 43 years of expertise in the retail and outlet shopping industri ...

Tanger Inc. (NYSE:SKT) is a well-managed retail-focused real estate investment trust that makes a strong value proposition for long-term passive income investors based on robust same center net operating income growth, high occupancy in its shopping center portfolio and upside related to lease expirations. The trust has a low FFO multiple and pays out just about half of its funds from operations. With rental spreads also being widely positive, I think that Tanger has an opportunity for a re-rating and a com ...

Nareit announced the 2024 Investor CARE Award recipients during its REITweek 2024 Investor Conference this week. This annual awards program recognizes Nareit's listed corporate members that interact most effectively with their investors online, in writing and orally, and that provide investors with the most comprehensive, clearly articulated and useful information in the most efficient manner. An independent panel of judges selected Tanger as the 2024 Gold recipient, the highest level awarded in the program ...

Prestige beauty brand will open five stores in Tanger shopping centers later this year, growing and elevating Tanger's beauty and wellness offerings GREENSBORO, N.C., June 3, 2024 /PRNewswire/ -- Tanger® (NYSE: SKT), a leading owner and operator of outlet and open-air retail shopping destinations, will bring five additional Sephora stores to its shopping centers this year, significantly advancing Tanger's offerings in the beauty and wellness category. The Sephora store at Bridge Street Town Centre in Huntsv ...

Report highlights Tanger's progress toward established goals and continued commitment to a healthier and more sustainable future GREENSBORO, N.C., May 30, 2024 /PRNewswire/ -- Tanger® (NYSE: SKT), a leading owner and operator of outlet and open-air retail shopping destinations, has released its 2023 Environmental, Social, and Governance (ESG) Report for the annual period ending December 31, 2023. Tanger Outlets Nashville features onsite solar energy infrastructure – one of many features at the property that ...