|Bid||14.05 x 2200|
|Ask||0.00 x 3200|
|Day's Range||14.20 - 14.53|
|52 Week Range||14.20 - 24.65|
|Beta (3Y Monthly)||0.79|
|PE Ratio (TTM)||18.39|
|Earnings Date||Oct 30, 2019 - Nov 4, 2019|
|Forward Dividend & Yield||1.42 (9.94%)|
|1y Target Est||15.17|
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.
Despite Tanger Factory Outlet's (SKT) focus on improving portfolio and tenant mix, its Q2 results will likely be affected by the turbulent retail real estate environment, including store closures.
Tanger Factory Outlet Centers, Inc. (NYSE:SKT) is about to trade ex-dividend in the next 4 days. You can purchase...
Steven Tanger, CEO, Tanger Factory Outlet Centers Inc. Age: 70 Birthplace: New Haven, Connecticut Why selected? Steven Tanger is CEO of the Tanger Factory Outlet Centers, a public company headquartered in Greensboro with 40 outlet shopping centers.
Investors may have reached peak bond exuberance, according to a new analysis. When that’s happened over the past few years, retail and utility sectors have lost out.
ATLANTIC CITY, N.J. , July 19, 2019 /PRNewswire/ -- Tanger Outlets Atlantic City invites shoppers to experience The Golden Age of Hollywood Costume Exhibit, presented by collector and television personality ...
GREENSBORO, N.C., July 18, 2019 /PRNewswire/ -- Tanger Outlets invites shoppers to kick off back-to-school shopping during the 2019 TangerSTYLE event. Tanger encourages shoppers to experience the fun and savings exclusively found at Tanger Outlets, while searching for today's must-have styles for the classroom this season. From July 19 through August 25, Tanger shoppers can find the best looks from top brand names and designer stores, with special savings and coupons.
GREENSBORO, N.C. , July 11, 2019 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (NYSE: SKT), announced today that its Board of Directors declared a quarterly dividend of $0.355 per share for the second ...
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...