|Bid||0.00 x 900|
|Ask||0.00 x 1800|
|Day's Range||15.68 - 16.08|
|52 Week Range||13.61 - 24.65|
|Beta (3Y Monthly)||0.84|
|PE Ratio (TTM)||20.19|
|Earnings Date||Oct 30, 2019 - Nov 4, 2019|
|Forward Dividend & Yield||1.42 (9.00%)|
|1y Target Est||15.00|
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
It was a relatively calm day on Wall Street on Monday, with the exception of the selloff in high-growth stocks. We'll look at a few right now, as they are our top stock trades to watch. Top Stock Trades for Tomorrow 1: The Trade DeskMany of these stocks are great companies, but they have been on tremendous runs so far in 2019. The Trade Desk (NASDAQ:TTD) is one of them. However, shares fell more than 10% on Monday alone -- with no news in sight.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWhen the market was breaking out of its month-long trading range last week, many of the relative growth leaders were not partaking in said upside. We flagged that at the time -- both here on InvestorPlace and on Twitter. Monday's price action doesn't come as much of a surprise to those that saw those posts. * 7 Best Stocks That Crushed It This Earnings Season In any regard, investors are trying to balance buying these for the long haul and avoid getting run over on the decline. For TTD, shares knifed right through the 38.2% retracement like it wasn't even there.I have my eye on $200 now. Not only is that a significant round number that can act as a magnet, but near it we will also find the 200-day moving average and the 50% retracement. If it fails to hold, $180 is the next target. Top Stock Trades for Tomorrow 2: NetflixAfter this one was smoked on earnings, InvestorPlace readers cleaned up nicely when Netflix (NASDAQ:NFLX) was rejected from prior range support at $340 and the 200-day moving average.Now this name has been trapped in a series of relentless selling. Shares are pushing above downtrend resistance, but not in a meaningful manner as the 20-day moving average swiftly rejects NFLX.If the 61.8% retracement holds as support, perhaps NFLX can again attempt to push above the 20-day. Above that and the 50% retracement is on the table.If the 61.8% fails as support though, NFLX will likely retest its lows near $282.79. Top Stock Trades for Tomorrow 3: TwilioTwilio (NYSE:TWLO) stock didn't even slow down as it knifed through the 200-day moving and 38.2% retracement. Like TTD, TWLO is a great company but the writing was on the wall in terms of the price action.I'm not sure if we'll get TWLO down to $100, but it might be an attractive entry point for interested bulls. Particularly with the 50% retracement near $105 and the 61.8% near $95. Top Stock Trades for Tomorrow 4: AlteryxAlteryx (NYSE:AYX) has been a monster so far in 2019. Even after Monday's 15% beating, shares are still up 102% so far for the year. Lucky for us, we named AYX one of 7 mid-cap studs to watch this year.With AYX slicing through the 50-day like a hot knife through butter though, investors need to take some precaution. Between $107 and $110 is channel support (blue line) and the 38.2% retracement.If that doesn't hold, let's see if $95 is on the table. Top Stock Trades for Tomorrow 5: Tanger Factory OutletsOne name that hasn't been doing all that well this year is Tanger Factory Outlet Centers (NYSE:SKT). This REIT has a big dividend and terribly performing stock. However, shares are quietly up eight days in a row and putting an exclamation point on Monday's rally.Shares are up about 5% and bursting through the 50-day moving average. Keep in mind, this moving average gave SKT a very hard time in July. Now above it, let's see if shares can get back to $16.50. * 7 Industrial Stocks to Buy for a Strong U.S. Economy Mainly though, I want to see the 20-day and 50-day moving averages act as support going forward.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long SKT and TTD. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 3 Artificial Intelligence Stocks to Buy * 7 Industrial Stocks to Buy for a Strong U.S. Economy * 3 Beaten-Down Bank Stocks to Buy and Hold for the Long Term The post 5 Top Stock Trades for Tuesday: TTD, NFLX, TWLO, AYX appeared first on InvestorPlace.
Short squeezes can be one of the most powerful trading catalysts on Wall Street, and traders are always on the lookout for the next major short squeeze candidate. S3 Partners analyst Ihor Dusaniwsky just ...
Tanger Factory Outlet Centers is using the same playbook it has in the past to deal with the online shopping threat. Will that be enough this time around?
In 2009 Steve Tanger was appointed CEO of Tanger Factory Outlet Centers, Inc. (NYSE:SKT). This analysis aims first to...
"What we're trying to do is be responsive to what we've heard from the community [about what they want]: Sit-down restaurants, apparel shopping and a new grocery," McDonald said.
CEO of Tanger Factory Outlet Centers Inc (30-Year Financial, Insider Trades) Steven B Tanger (insider trades) bought 10,000 shares of SKT on 08/20/2019 at an average price of $14.48 a share. Continue reading...
Income investors have to be smiling right now. And the reason may be a bit shocking or counterintuitive. But those looking to score some high yielding REITs, the time to pounce could be now. The opportunity comes courtesy of the Federal Reserve. Yesterday, the Fed cut rates by 0.25 basis points.For high-yielding REITs, this cut could be a godsend.InvestorPlace - Stock Market News, Stock Advice & Trading TipsTo start, with rates lower, high-yielding securities become more in demand and often see their share prices rise. Investors simply can't get high income from "safe" asset classes as rates dip. That means there are plenty of total returns to be had. Secondly, REITs benefit from lower rates as it reduces their borrowing costs on mortgages and other loans. That leaves plenty of extra cash for investors to pay as increasing dividends.It's a win-win. And now could be the best chance to buy some high-yielding REITs before the Fed really starts to make its move. For those looking to boost their income, now is the time to buy. * 7 A-Rated Stocks Under $10 With the Fed cut coming, here are three high-yielding REITs to buy today. AGNC Investment Corp (AGNC)Dividend Yield: 11.10%While most people think of REITs as property owners, they do come in another flavor. And that's owning loans, mortgages and other debt tied to various properties. These mortgage REITs (mREITs) essentially own paper tied to either commercial or residential properties. Or sometimes even both. Playing in this pool is high yielder AGNC Investment Corp (NASDAQ:AGNC).AGNC invests in mortgage bonds and collateralized mortgage obligations tied to residential properties. The kicker is that the mREIT only invests in mortgage-related securities backed by government-sponsored agencies or "agency" bonds. Hence, its ticker symbol. Fannie Mae, Freddie Mac, and Ginnie Mae backed bonds are considered safer as they either come with explicit government backing or extra requirements to get the loan written in the first place.Lower rates from the Fed are a huge win for AGNC. Mortgage REITs often borrow money at low rates and then invest them in these higher-yielding mortgage bonds. With rates now trending lower, AGNC's operating costs are decreased and provide with a larger spread of profits. As a REIT, AGNC kicks out much of that cash flow back to investors. And in this case, the stock does so monthly and yields nearly 11%.With rates falling, AGNC's dividend is getting that much stronger. That could make it a prime buy in the months ahead. Medical Properties Trust, Inc. (MPW)Source: Shutterstock Dividend Yield: 5.65%Rising healthcare and demand could be one of the biggest mega-trends in the world. A subset issue to all of that is providing locations for all those doctors, research facilities, and hospitals to operate. Those REITs that do operate in this niche can be powerful income plays and Medical Properties Trust (NYSE:MPW) could be one of the highest yielding ones at 5.67%.As its name implies, Medical Properties Trust focuses its attention on owning healthcare facilities. This includes everything from standard regional/community hospitals to more specialized acute care, ambulatory surgery and children's hospitals. Moreover, MPW is also considered a hybrid REIT. The firm owns both physical properties and provides financing or invests in loans tied to new hospital construction. That combination provides for a very nice income stream for MPW. The firm has continued to see rising FFO numbers.That FFO number could keep growing. MPW has continued to expand not only here in the U.S., but overseas as well. The REIT has added properties in the U.K., Germany and even Australia in recent years. And it just announced a big $1.75 billion acquisition that will add another 24 hospitals into its mix. That deal will be instantly accreditive to its cash flows. With rates falling, MPW will be able to make more deals at lower costs. * 8 Monthly Dividend Stocks to Buy for Consistent Income In the end, MPW could be a powerful high-yielding REIT to own in the quarters ahead. Tanger Factory Outlet Centers Inc. (SKT)Dividend Yield: 8.76%Some of the highest-yielding REITs can be found among the retail wreckage. The rise of e-commerce has hurt many brick-and-mortar retailers. This has resulted in plenty of bankruptcies and store closings across the country. For those investors that own the malls, shopping plazas, and other power centers, this has been a kick right to the head. But not all malls and shopping centers are the same. There are plenty of shopping-focused REITs that have been cast aside in the wreckage.Tanger Factory Outlet Centers (NYSE:SKT) is one such stock.For Tanger, the secret is in its operating model. SKT focuses on outlet shopping and in fact, is the largest owner/operator of such assets. The kicker is that outlet shopping tends to be more "destination shopping" in that, consumers plan and make special trips to Tanger's portfolio of 40 properties. As a result, its product mix is a bit different and the firm's properties feature a wide range of amenities. Restaurants, movie theaters, and entertainment aren't replicable via online means. This keeps luring shoppers back for the bargains.And with many of SKT's properties being in higher-income areas, people are shopping in spades and will continue to do so if rates are cut. Excluding the sale of four non-core properties last quarter, Tanger's critical FFO metric increased. Rising FFO/cash flows directly translate into higher dividends.With a nearly 9% yield, Tanger is a high-yielding REIT that has been wrongfully cast aside.Disclosure: At the time of writing, Aaron Levitt did not hold a position in any stock mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 A-Rated Stocks Under $10 * 8 Monthly Dividend Stocks to Buy for Consistent Income * 7 Disruptive Biotech Stocks to Buy for 2025 The post 3 High-Yielding REITs to Buy After the Fed Rate Cut appeared first on InvestorPlace.
Tanger (SKT) delivered FFO and revenue surprises of 5.56% and -2.73%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Consolidated Portfolio Occupancy Grows to 96.0% Traffic and Tenant Sales Increase 2019 Annual Outlook Improves GREENSBORO, N.C. , July 31, 2019 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (NYSE: ...
Federal Realty's (FRT) Q2 results are likely to display benefits from portfolio-repositioning efforts and stable economy despite the choppy retail real estate environment.
In Q2, Regency Centers (REG) will likely gain from premium grocery-anchored shopping centers and focus on necessity, value and service-oriented retailers, which will help it counter market blues.
GREENSBORO, N.C., July 29, 2019 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (SKT) today announced that Luis A. Ubiñas has been appointed to its Board of Directors, effective July 29, 2019. Mr. Ubiñas' appointment, along with the recent addition of Susan E. Skerritt, represents the board's focused effort to refresh the composition of the board.
It was a quiet day for the market indices, with the S&P 500 falling just a couple of basis points. But we had a ton of news and movers among individual stocks. Let's take a closer look at some top stock trades for Tuesday. Top Stock Trades for Tomorrow 1: Shopify Click to EnlargeWe saw a beating in high-octane growth stocks Monday morning, as a bearish article in Barron's sent a rippling effect through the group. Shopify (NASDAQ:SHOP) was among those hit, falling over 5.5% on the day.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Stocks to Buy That Save You Money Currently, it's got SHOP stock below its 20-day moving average. Keep in mind, this stock has broke this moving average multiple times throughout 2019, but it's been an excellent buoy thus far.If a bounce doesn't come soon, we could see shares of SHOP drop to its 50-day moving average. Whether we get to the 50-day or not, it will be important to see how SHOP handles the 20-day on the way up. Meaning, does it quickly reclaim this mark or does it act as resistance?If the 50-day fails, look for a possible test of $280. Top Stock Trades for Tomorrow 2: Netflix Click to EnlargeWe've seen a quick bounce in Netflix (NASDAQ:NFLX), but now it's key to determine if it's simply a dead-cat bounce or if it's a reversal with staying power.If it's the latter, bulls need to see NFLX push through the 200-day moving average and reclaim prior range support near $340. If it's the former and just a dead-cat bounce, this area is likely to act as resistance. In that case, let's see what level acts as support on a pullback and whether the lows near $305 can hold. Top Stock Trades for Tomorrow 3: Johnson & Johnson Click to EnlargeLast week, Johnson & Johnson (NYSE:JNJ) held the $128 level and quickly reclaimed the $130 mark. That's an important move for bulls and gives new buyers a well-defined risk/reward.Those who bought Monday morning near $130 have to be happy, but those who get in now must make sure it stays above this level. Under $130 puts $128 back on watch and a close below this mark is a reasonable stop-out.On the upside, see how JNJ handles its major moving averages. If it can eventually push through, $139 to $140 could be on the table. Top Stock Trades for Tomorrow 4: Tanger Factory Outlet Centers Click to EnlargeREITs are starting to wake up, particularly with an expected rate cut from the Fed looming. While many have performed well this year, Tanger Factory Outlet Centers (NYSE:SKT) is certainly not one of them.Shares are down 30% over the past year and 18.5% so far in 2019. Even with an 8.6% yield, it's been an ugly year for investors.However, the stock has been perking up lately. Shares have pushed through and successfully held above prior downtrend resistance (blue line) on the retest. It's also strung together a series of higher lows (purple line), while reclaiming the 20-day moving average.This moving average has been guiding SKT stock higher, while the 50-day has been acting as resistance. If SKT is able to breakout over the 50-day, and it looks like it wants to, then it could open up a run into the $17.70 to $18 area.Should the 50-day continue to act as resistance, see that uptrend support holds as support. If it doesn't and $16 gives way, a retest of the lows could be in the cards. Top Stock Trades for Tomorrow 5: Veeva Systems Click to EnlargeLike Shopify, Veeva Systems (NASDAQ:VEEV) took it on the chin Monday, falling over 6% at one point. It's got the stock right down into its 50-day moving average.This stock has spent most of its time in a sharp uptrend, so the action is surely drawing in a few bulls. The question is, will the 50-day hold as support and bounce the stock or will a deeper correction take hold? * 7 Semiconductor Stocks to Buy for Your Inner Geek If it's the former, see that VEEV reclaims prior channel support near $165 and the 20-day at $167.68. If it's the latter, let's see if uptrend support (purple line) holds as support. Should it fail, $145 could be in the cards.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long SKT and SHOP. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Semiconductor Stocks to Buy for Your Inner Geek * 7 Stocks to Buy That Save You Money * 4 Stocks to Sell Now The post 5 Top Stock Trades for Tuesday: SHOP, NFLX, JNJ appeared first on InvestorPlace.