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Stock impact report

Tanger Factory Outlet Centers Is Looking Awfully Nice [Seeking Alpha]

Tanger Inc. (SKT) 
Last tanger inc. earnings: 10/30 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.tangeroutlet.com
Company Research Source: Seeking Alpha
Summary Times have been tough for Tanger, with the company hit first by fears of underperformance and now by the coronavirus pandemic. Given where the company is today, it makes for an excellent prospect to consider. Whether this remains the case or not depends on what happens with the coronavirus and whether management can stabilize the firm. One of the greatest yield-offering opportunities today is Tanger Factory Outlet Centers ( SKT 2020 guidance An ugly transition Source: Tanger Outlet Tanger has a long history of boasting strong financial results. To see this, we need to only consider the image above. In it, you can see the high occupancy rates the business has been able to maintain over the years. Last year, for instance, occupancy ended at a robust 97%. In the image below, you can also see another encouraging metric boasted by the firm: tenant sales per square foot. In 2019, tenants at the REIT's properties generated sales per square foot of $395. This was up $10 from the $385 Show less Read more
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