Tanger Factory Outlet Centers

Tanger Factory Outlet Centers, Inc. is a fully-integrated, self-administered and self-managed real estate investment trust. It focuses on developing, acquiring, owning, operating and managing outlet shopping centers. The company was founded by Stanley K. Tanger in 1981 and is headquartered in Greensboro, NC.

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Tanger Factory Outlet Centers reports solid Q4 performance and growth outlook

Tanger Factory Outlet Centers (SKT) delivered strong financial results in Q4 2022, with a focus on sustainable growth and enhancing the shopping experience. The company's commitment to carbon neutrality, solid financial position, and strategic initiatives position it well for future success. Challenges in managing expenses and addressing analyst queries are being actively navigated.

Tanger Factory Outlet Centers surpass Q1 expectations, eyes luxury expansion

Tanger Factory Outlet Centers delivered a strong performance in Q1, exceeding expectations across key financial metrics.
The company's strategic focus on digital initiatives, strong balance sheet, and dividend increase demonstrate resilience and growth potential.
While challenges like tenant mix optimization and perception management exist, Tanger is well-positioned to capitalize on opportunities for expansion and brand enhancement.

Tanger Factory Outlet Centers reports strong Q2 results and growth outlook

Tanger Factory Outlet Centers delivered strong financial performance and outlined growth initiatives in Q2 2023.
While facing challenges in guidance factors and market dynamics, Tanger's strategic focus on sustainability and growth opportunities is evident.
The company's proactive debt management, portfolio strength, and commitment to customer engagement position it well for future success.

Tanger Factory Outlet Centers (SKT) reports strong Q3 performance and growth opportunities

Tanger Factory Outlet Centers (SKT) delivered a robust performance in Q3, exceeding expectations with strong leasing and operational execution.
While facing short-term challenges in Q4, the company remains well-positioned with a solid balance sheet, increased guidance, and strategic growth initiatives.
Opportunities for sustained growth include optimizing tenant mix, leveraging leasing strength, and converting temporary tenancy to permanent occupancy.
Overall, Tanger's performance highlights resilience, strategic adaptability, and a focus on long-term stability and revenue growth.

Tanger Factory Outlet Centers (SKT) posts strong Q4 performance and eyes growth through strategic initiatives

Tanger Factory Outlet Centers (SKT) reported a strong Q4 2023 performance with notable financial growth and operational success.
The company's focus on strategic acquisitions, asset management, and digital initiatives positions it well for future growth and value creation.
Challenges include managing uncollectible rents, transitioning temporary tenants to permanent occupancy, and attracting luxury retailers in a competitive market.
Opportunities lie in driving growth through leasing strategies, acquisitions, remerchandising, and diversification to enhance revenue streams and tenant mix.

Tanger Factory Outlet Centers (SKT) reports robust Q1 performance and growth strategies

Tanger Factory Outlet Centers (SKT) delivered strong financial results and occupancy levels in Q1 2024, driven by strategic initiatives and a focus on customer engagement.
The company's emphasis on enhancing the merchandising mix and pursuing growth opportunities positions them well for future expansion and sales growth.
Challenges in expense recovery and outlet space demand are being addressed, while opportunities in expansion and revenue diversification are actively pursued.

Tanger Factory Outlet Centers (SKT) reports strong Q2 performance and growth outlook

Tanger's Q2 2024 earnings call showcased robust financial performance, sustainability initiatives, and a positive outlook for growth. Despite challenges like NOI growth deceleration, the company remains focused on enhancing tenant relationships and exploring new opportunities for expansion.

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Tanger, Inc. engages in the operation of upscale open-air outlet centers. The firm focuses on developing, acquiring, owning, operating, and managing outlet shopping centers. The company was founded by Stanley K. Tanger in 1981 and is headquartered in Greensboro, NC.

Tanger Factory Outlet Centers is a very popular REIT on Seeking Alpha. But I actually think that it is one of the least attractive at the moment.

Tanger Factory Outlet: 5 Reasons Why You Should Sell This REIT

Open-air outlet leader employed strategies to advance overall health and safety initiatives for shoppers and employees Greensboro, N.C. , Jan. 10, 2023 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (NYSE: SKT), a leading operator of upscale, open-air outlet centers, today announced it has achieved the International WELL Building Institute's (IWBI) WELL Health-Safety Rating for Facility Operations and Management for all 36 properties in the company's portfolio.

Tanger Achieves WELL Health-Safety Rating

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GREENSBORO, N.C. , Jan. 5, 2023 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (NYSE: SKT), a leading operator of upscale open-air outlet centers, announced today that its financial results for the quarter and year ended December 31, 2022 will be released on Tuesday, February 21, 2023 after the market close.

Tanger Schedules Fourth Quarter and Year End 2022 Earnings Release and Conference Call

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We had a neutral view of Tanger Factory Outlets on our last coverage and suggested bullish investors buy Simon Property Group instead. We look at the performance of the two stocks and developments since that trade.

Simon Says, Sell Tanger Factory Outlets

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Is Tanger Outlets a Great Buy Before 2023?

Tanger Factory's low pay-out ratio translates into a very secure dividend. Tanger Factory again raised its 2022 FFO guidance again in Q3-22.

Tanger Factory: Secure A 4.5% Yield For Tough Times

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Outlet leader brings in major national brands, well-timed for holiday shopping season GREENSBORO, N.C. , Nov. 21, 2022 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (NYSE: SKT), a leading operator of upscale, open-air outlet centers, today announced leasing momentum for the portfolio with the addition of nearly thirty new stores to its retail lineup during the fourth quarter of 2022, including popular footwear and apparel retailer Allbirds.

Tanger Welcomes New Brands to Expanding Retail Portfolio

Should investors be excited or worried when a stock's 50 -day simple moving average crosses above the 200-day simple moving average?

Tanger Factory Outlet (SKT) Now Trades Above Golden Cross: Time to Buy?

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Tanger Factory Outlet Centers, Inc. (NYSE:SKT ) Q3 2022 Earnings Conference Call November 3, 2022 8:30 AM ET Company Participants Ashley Curtis - Assistant Vice President, Investor Relations Steven Tanger - Executive Chair of the Board Stephen Yalof - Director, President and Chief Executive Officer Doug McDonald - Senior Vice President, Finance and Capital Markets Justin Stein - Executive Vice President, Leasing Conference Call Participants Greg McGinniss - Scotiabank Todd Thomas - KeyBanc Capital Markets Craig Mailman - Citigroup Floris Dijkum - Compass Point Research & Trading Samir Khanal - Evercore ISI Craig Schmidt - Bank of America Merrill Lynch Michael Mueller - JPMorgan Chase & Co Ashley Curtis Good morning. This is Ashley Curtis.

Tanger Factory Outlet Centers, Inc. (SKT) Q3 2022 Earnings Call Transcript

Tanger (SKT) delivered FFO and revenue surprises of 9.30% and 2.67%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Tanger Factory Outlet (SKT) Tops Q3 FFO and Revenue Estimates

Drives Positive Blended Rent Spreads of 5.7% Grows Occupancy by 210 Basis Points to 96.5% Raises Earnings Guidance Increased Dividend by 10% in October GREENSBORO, N.C. , Nov. 2, 2022 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (NYSE: SKT), a leading owner and operator of upscale open-air outlet centers, today reported financial results and operating metrics for the three and nine months ended September 30, 2022.

Tanger Reports Third Quarter Results

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Better Buy: Target vs. Tanger Factory Outlets

Increases Total Capacity by $25 Million Extends Maturity to January 2027 Reduces Pricing Grid Spread GREENSBORO, N.C. , Oct. 17, 2022 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (NYSE: SKT), a leading operator of upscale open-air outlet centers, today announced that its operating partnership, Tanger Properties Limited Partnership, has amended its $300 million unsecured term loan, increasing total capacity to $325 million, extending maturity through January 2027 (plus a one-year extension option), and reducing the applicable pricing margin from LIBOR plus 125 basis points to adjusted SOFR plus 120 basis points based on Tanger's current credit rating.

Tanger Outlets Closes on $325 Million Unsecured Term Loan Facility

Tanger just raised its dividend despite an economic storm.

This Bargain Retail REIT Just Boosted Its Dividend

We had a neutral rating on Tanger Factory Outlet Centers and felt the bears would struggle to push this down. The REIT has held up well, all things considered.

Tanger: Juicy 10% Hike, But Not The Best Option For Your Dollars

Shares of Tanger Factory Outlet Centers Inc. SKT, +0.27% rose 0.6% in premarket trading Tuesday, after the operator of open-air outlet centers said it will raised its quarterly dividend by 10%, to 22cents a share from 20 cents a share. Shareholders of record on Oct. 31 will be paid the dividend on Nov. 15.

Tanger Factory Outlet raises dividend, to lift implied yield to nearly 6%

GREENSBORO, N.C. , Oct. 11, 2022 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (NYSE:SKT), a leading operator of upscale open-air outlet centers, announced today that its Board of Directors approved a 10% increase in the annual dividend on its common shares from $0.80 per share to $0.88 per share.

News for Tanger Factory Outlet Centers Stock (SKT)