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After finishing at $31.86 in the prior trading day, Tanger Inc (NYSE: SKT) closed at $31.89, up 0.09%. In other words, the price has increased by $0.09 from its previous closing price. On the day, 0.62 million shares were traded. SKT stock price reached its highest trading level at $32.12 during the session, while it also had its lowest trading level at $31.6.
Ratios:
Our goal is to gain a better understanding of SKT by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 76.83 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.08. In the meantime, Its Debt-to-Equity ratio is 2.34 whereas as Long-Term Debt/Eq ratio is at 2.34.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Goldman on March 28, 2025, Upgraded its rating to Buy and sets its target price to $40 from $39 previously.
On January 28, 2025, BMO Capital Markets started tracking the stock assigning a Market Perform rating and target price of $36.
On December 17, 2024, Deutsche Bank started tracking the stock assigning a Hold rating and target price of $37.Deutsche Bank initiated its Hold rating on December 17, 2024, with a $37 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 11 ’25 when Swanson Gallardo Leslie sold 12,500 shares for $32.38 per share. The transaction valued at 404,750 led to the insider holds 113,158 shares of the business.
LESLIE A SWANSON GALLARDO bought 12,500 shares of SKT for $404,696 on Mar 11 ’25. On Feb 28 ’25, another insider, SKERRITT SUSAN E, who serves as the Director of the company, sold 9,844 shares for $34.79 each. As a result, the insider received 342,473 and left with 44,091 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SKT now has a Market Capitalization of 3610043648 and an Enterprise Value of 5084921856. As of this moment, Tanger’s Price-to-Earnings (P/E) ratio for their current fiscal year is 36.25, and their Forward P/E ratio for the next fiscal year is 31.44. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.86 while its Price-to-Book (P/B) ratio in mrq is 5.51. Its current Enterprise Value per Revenue stands at 9.463 whereas that against EBITDA is 17.805.
Stock Price History:
The Beta on a monthly basis for SKT is 1.18, which has changed by 0.104224324 over the last 52 weeks, in comparison to a change of 0.07545352 over the same period for the S&P500. Over the past 52 weeks, SKT has reached a high of $37.57, while it has fallen to a 52-week low of $25.94. The 50-Day Moving Average of the stock is -3.81%, while the 200-Day Moving Average is calculated to be -2.22%.
Shares Statistics:
The stock has traded on average 935.98K shares per day over the past 3-months and 945320 shares per day over the last 10 days, according to various share statistics. A total of 112.74M shares are outstanding, with a floating share count of 110.34M. Insiders hold about 2.53% of the company’s shares, while institutions hold 89.70% stake in the company. Shares short for SKT as of 1743379200 were 4515536 with a Short Ratio of 4.82, compared to 1740700800 on 4244921. Therefore, it implies a Short% of Shares Outstanding of 4515536 and a Short% of Float of 6.23.
Dividends & Splits
In the trailing 12 months, SKT’s forward annual dividend rate was 1.1, compared to 1.10 this year. Against a Trailing Annual Dividend Yield of 0.03452605The stock’s 5-year Average Dividend Yield is 6.08. The current Payout Ratio is 123.39% for SKT, which recently paid a dividend on 2025-01-31 with an ex-dividend date of 1745971200. Stock splits for the company last occurred on 2011-01-25 when the company split stock in a 2:1 ratio.
