|Bid||0.00 x 900|
|Ask||0.00 x 1300|
|Day's Range||20.31 - 20.65|
|52 Week Range||19.75 - 24.91|
|Beta (3Y Monthly)||1.20|
|PE Ratio (TTM)||45.62|
|Forward Dividend & Yield||1.42 (6.95%)|
|1y Target Est||N/A|
Matt Brown, the managing director of the Greensboro Coliseum Complex, said “substantial completion” of the Steven Tanger Center for the Performing Arts is slated for Jan. 28, 2020. The latest cost estimate for the project is nearly $90 million, with at least $43 million coming from private sources, including $7.5 million from Steven Tanger, CEO of Greensboro-based Tanger Factory Outlet Centers.
Sporting venues. The arts. Bars. Restaurants. Hotels. They're all coming together to add vibrancy for downtowns across the Triad. TBJ"s Crane Watch gets you up to speed on what's coming and when.
Despite the REIT's sufficient liquidity position and coverage ratios, the company's operating results over the last 12 months are not commensurate with a Baa1 stable rated issuer. Management's 2019 guidance for lower occupancy levels and negative same store growth are also important drivers for the negative outlook. While the REIT's portfolio was 97% occupied at year-end, same-center NOI for Tanger's consolidated portfolio was down 1.3% compared to the same period a year ago.
Tanger Factory Outlet Centers Inc NYSE:SKTView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is high * Economic output in this company's sector is expanding Bearish sentimentShort interest | NegativeShort interest is extremely high for SKT with more than 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting SKT. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding SKT are favorable, with net inflows of $4.72 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
A developer is working up plans for a large-scale residential project in Sunbury that could finally kickstart a new I-71 interchange. Lifestyle Communities has approached local officials with a preliminary concept for a large, phased multifamily project on a 72-acre parcel at 726 S. Galena Rd., currently farmland southeast of Tanger Outlets. The project is in the conceptual phases, Delaware County Commissioner Gary Merrell said.
Tanger Factory Outlet Centers, Inc. (NYSE:SKT) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective.Read More...
Tanger Factory Outlet Centers Inc owns and operates outlet centers in the United States and Canada. The dividend yield of Tanger Factory Outlet Centers Inc stocks is 6.52%. Tanger Factory Outlet Centers Inc had annual average EBITDA growth of 5.00% over the past ten years.
Exxon, Tanger, and General Mills are working through tough spots, but investors willing to think long term can pick up their fat yields now.
In the wake of its formal announcement, the company is gearing up for a big sales pitch opportunity in May.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for funds from operations of 62 cents per share. Funds from operations is a closely watched measure in the REIT industry.
These two high-yield REITs have some warts, but they are working through their problems and offering an enticing risk-reward trade-off.
Despite Tanger Factory Outlet Centers' (SKT) focus on improving tenant mix, amenities and marketing programs, its Q4 results might be affected by store closures, bankruptcies and lease modifications.