Tenant Bankruptcies Hit Tanger Factory Outlet Centers Where It Counts [The Motley Fool]
Tanger Inc. (SKT)
Last tanger inc. earnings: 10/30 04:15 pm
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US:NYSE Investor Relations:
investors.tangeroutlet.com
Company Research
Source: The Motley Fool
The outlet mall REIT fell after reducing its full-year guidance. Here's what investors need to know. Steve Symington ( TMFSymington ) May 4, 2018 at 9:00AM Tanger Factory Outlet Centers Inc. ( NYSE:SKT ) announced underwhelming first-quarter 2018 results and reduced its full-year guidance late Tuesday, leaving shares of the outlet mall real estate investment trust ( REIT ) down nearly 9% on Wednesday in response. To be sure, Tanger Outlets' results were punctuated by modest growth in both net operating income (NOI) and funds from operations (FFO), but also a notable decline in the company's portfolio occupancy rate. Let's dig in, then, to see what Tanger had to say, and what investors should expect from the company in the coming quarters. Image source: Tanger Factory Outlet Centers. Tanger Factory Outlets results: The raw numbers
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SKT
News
- Tanger Announces the Amendment, Increase and Extension of its Unsecured Lines of CreditPR Newswire
- 4 REITs With Double Digit Total Returns Over The Last 3 And 5 Years [Yahoo! Finance]Yahoo! Finance
- Tanger Increases Dividend by 5.8%PR Newswire
- Analysts Just Upgraded These 4 REITs [Yahoo! Finance]Yahoo! Finance
- Tanger Inc. (NYSE: SKT) was upgraded by analysts at Bank of America Co. from an "underperform" rating to a "neutral" rating. They now have a $31.00 price target on the stock, up previously from $24.00.MarketBeat
SKT
Earnings
- 2/15/24 - Beat
SKT
Sec Filings
- 4/4/24 - Form ARS
- 4/4/24 - Form DEFA14A
- 4/4/24 - Form DEF
- SKT's page on the SEC website