I've been buying but with some reticence. Look at the number of stores they have that are Ascena Retail brands (I think I counted 7 brands- not sure how many stores). Ascena is circling the bowl. They're down 30% today and trading under 2 bucks. Not to mention Rue21, Bebe and others; both are recently announced BKs. I realize they normally keep vacancies under 6% but they will have to have to do a lot of "remerchandizing" as I believe they call it. https://www.tangeroutlet.com/brands?categoryId=1000
Tanger Outlets | Brands
Why the sell-off in SKT? I always thought this is a good REIT to own? I don't think the Tanger Outlet Malls will be killed off by e-commerce. I understand they are planning some beautiful new Tanger Outlets. Am I wrong? A good buying opportunity? Any comments appreciated.
Cramer likes Tanger Outlets. Says they are making a lot of money.
DC Beltway John
Americans don't know how to not spend. Two of the outlets in the Myrtle Beach area stay busy year round, when it rains you can't find a parking space hardly....long SKT!
This is getting ridiculous. Is the baby getting thrown out with the bath water here or am I the only stupid one buying SKT?
What goes down, must go up.
Why is SKT down so much today? (6.72%) It seemed like the quarterly earnings report yesterday was fine? Any comments appreciated.
Brad Thomas said this stock was a "bargain" when it was $34.
Guess he was wrong again
I think SKT might have reached its upward limit and that a pullback may be possible. Ive been struggling with this stock lately. Some of my other trades have been from a.awesomestocks which are working out pretty well.
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks Sep-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is -0.2 In other words, the correlation coefficient of the other stocks
Ticks the boxes for a great dividend stock. 3.8% yield!
Should Tanger Factory Outlet Centers Inc (SKT) be part of your dividend portfolio?
There is a lot to be liked about Tanger Factory Outlet Centers Inc (NYSE:SKT) as an income stock, over the past 10 years it has returned an average of 3.37% per year.
Bullish crossover in MACD and Stochastic oscillator. Technical 79% chance bullish at foxchart.
Tanger Factory Outlet Centers (NYSE:SKT): Solid track record established dividend payer. Simply Wall St is a free app which gives investors access to institutional quality data and analysis presented in beautiful visual reports.