Latest news with #Tanger
Bloomberg
5 days ago
- Business
- Bloomberg
Tanger CEO on Diversifying Shopping Experience Offerings
Bloomberg Markets: The Close Stephen Yalof, Tanger CEO & President speak with Romaine Bostick about the retail outlook in the outdoor Tanger outlets. (Source: Bloomberg)
Yahoo
02-06-2025
- Business
- Yahoo
Tanger (SKT) Could Be a Great Choice
All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus. Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns. Tanger (SKT) is headquartered in Greensboro, and is in the Finance sector. The stock has seen a price change of -12.69% since the start of the year. Currently paying a dividend of $0.29 per share, the company has a dividend yield of 3.93%. In comparison, the REIT and Equity Trust - Retail industry's yield is 4.52%, while the S&P 500's yield is 1.57%. Looking at dividend growth, the company's current annualized dividend of $1.17 is up 7.8% from last year. In the past five-year period, Tanger has increased its dividend 4 times on a year-over-year basis for an average annual increase of 7.18%. Any future dividend growth will depend on both earnings growth and the company's payout ratio; a payout ratio is the proportion of a firm's annual earnings per share that it pays out as a dividend. Right now, Tanger's payout ratio is 51%, which means it paid out 51% of its trailing 12-month EPS as dividend. SKT is expecting earnings to expand this fiscal year as well. The Zacks Consensus Estimate for 2025 is $2.24 per share, representing a year-over-year earnings growth rate of 5.16%. Investors like dividends for a variety of different reasons, from tax advantages and decreasing overall portfolio risk to considerably improving stock investing profits. It's important to keep in mind that not all companies provide a quarterly payout. Big, established firms that have more secure profits are often seen as the best dividend options, but it's fairly uncommon to see high-growth businesses or tech start-ups offer their stockholders a dividend. Income investors have to be mindful of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, SKT is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of 3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Tanger Inc. (SKT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
30-05-2025
- Business
- Business Wire
Tanger Releases 2024 Impact Report
GREENSBORO, N.C.--(BUSINESS WIRE)-- Tanger ® (NYSE: SKT) 'Tanger's values of integrity, inclusion, and innovation guide the decisions and initiatives that drive our collective impact. In 2024, we deepened our community engagement, empowered our team, and advanced sustainability with a focus on mitigating risk and driving value for our stakeholders,' said Stephen Yalof, President and Chief Executive Officer. 'I'm proud of our team's dedication to creating vibrant shopping destinations and resilient communities—and grateful for the trust of our stakeholders as we build a more connected, inclusive future together.' Tanger's 2024 Impact Report, which is its ninth report on corporate responsibility initiatives, enumerates the environmental, social, and governance practices and programs—referenced collectively as Tanger's "Impact Program'—through which the company strives to create positive social and economic impact in line with its Mission, Vision, and Values. The Report highlights Tanger's recent achievements and progress on its Impact Program goals, including: Ongoing efforts to foster an organizational culture where performance, growth, and the expression of Tanger's values are recognized and rewarded, including providing nearly 5,000 hours of annual professional growth and training for Tanger team members in 2024. The expansion of initiatives to promote belonging and empowerment within the company's diverse workforce, including those championed by Tanger's employee-founded-and-led Employee Resource Groups (ERGs), which are open to all employees. Ongoing support for the communities in which Tanger operates through multiple TangerCares initiatives, including the company's legacy TangerPink and TangerKids programs and nearly 7,500 hours of company-sponsored employee volunteer service. A 13% increase in Tanger's solar energy generation capacity, increasing its total solar capacity to 15.5 MW across 11 centers. Completion of a formal data assurance readiness assessment to improve data integrity and plan for state-level climate disclosure legislation, as well as a double materiality assessment to identify the most impactful and financially material environmental, social, and governance topics to Tanger's business and stakeholders. Completion of expanded enterprise and asset-level climate scenario analysis, restatement of Tanger's greenhouse gas (GHG) emissions baseline to align with standard methodologies, and inaugural limited disclosure of the company's Scope 3 footprint. Tanger's Impact Program reporting process continues to be guided by respected standards and reporting frameworks, including the Global Reporting Initiative (GRI) Standards, the IFRS Sustainability Disclosure Standards (specifically IFRS S2, which consolidates the recommendations of the former Task Force on Climate-related Financial Disclosures), and the Sustainability Accounting Standards Board (SASB). Tanger also discloses through third-party reporting frameworks including the Global Real Estate Sustainability Benchmark (GRESB), CDP (formerly the Carbon Disclosure Project), and the United Nations Global Compact (UNGC). Tanger's 2024 Impact Report is now available on its company website at About Tanger ® Tanger Inc. (NYSE: SKT) is a leading owner and operator of outlet and open-air retail shopping destinations, with over 44 years of expertise in the retail and outlet shopping industries. Tanger's portfolio of 37 outlet centers and three open-air lifestyle centers comprises 16 million square feet well positioned across tourist destinations and vibrant markets in 21 U.S. states and Canada. A publicly traded REIT since 1993, Tanger continues to innovate the retail experience for its shoppers with over 3,000 stores operated by more than 700 different brand name companies. For more information on Tanger, call 1-800-4TANGER or visit The Company uses, and intends to continue to use, its Investor Relations website, which can be found at as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD. Additional information about the Company can also be found through social media channels. The Company encourages investors and others interested in the Company to review the information on its Investor Relations website and on social media channels. The information contained on, or that may be accessed through, our website or social media platforms is not incorporated by reference into, and is not a part of, this document. Safe Harbor Statement This release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Forward-looking statements, which are based on certain assumptions and describe the Company's future plans, strategies and expectations, are generally identifiable by use of the words "believe," "expect," "intend," "anticipate," or similar expressions. These forward-looking statements are based upon the beliefs and expectations of management at the time of this release. You should not rely on forward-looking statements since they involve known and unknown risks and uncertainties which could cause actual results to differ materially from those presented in the forward-looking statements. Please refer to the documents filed by the Company with the SEC, including specifically the "Risk Factors" sections of the Company's Annual Report on Form 10-K for the year ended December 31, 2024, and the Company's other filings with the SEC, which identify additional factors that could cause actual results to differ from those contained in forward-looking statements. The Company does not undertake any obligation to update these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, except as may be required by law.
Yahoo
28-05-2025
- Business
- Yahoo
Tanger to Present at Nareit's REITweek 2025 Investor Conference
GREENSBORO, N.C., May 28, 2025--(BUSINESS WIRE)--Tanger® (NYSE: SKT), a leading owner and operator of outlet and open-air retail shopping destinations, announced today that it will participate in Nareit's REITweek 2025 Investor Conference from June 3 through June 5, 2025. Stephen Yalof, President and Chief Executive Officer, and Michael Bilerman, Executive Vice President, Chief Financial Officer and Chief Investment Officer, will participate in an analyst-led Q&A session on Wednesday, June 4, 2025 at 9:30 a.m. Eastern Time. A link to the live audio-only webcast will be available online at or at Tanger 2025 REITweek Presentation. An online replay will be available at the same locations after the conclusion of the presentation until Friday, June 13, 2025. The company's current management presentation may be accessed through About Tanger® Tanger Inc. (NYSE: SKT) is a leading owner and operator of outlet and open-air retail shopping destinations, with over 44 years of expertise in the retail and outlet shopping industries. Tanger's portfolio of 37 outlet centers and three open-air lifestyle centers comprises 16 million square feet well positioned across tourist destinations and vibrant markets in 21 U.S. states and Canada. A publicly traded REIT since 1993, Tanger continues to innovate the retail experience for its shoppers with over 3,000 stores operated by more than 700 different brand name companies. For more information on Tanger, call 1-800-4TANGER or visit the Company's website at View source version on Contacts Investor Contact Information Doug McDonaldSVP, Treasurer and InvestmentsT: (336) 856-6066tangerir@ Sign in to access your portfolio
Business Wire
28-05-2025
- Business
- Business Wire
Tanger to Present at Nareit's REITweek 2025 Investor Conference
GREENSBORO, N.C.--(BUSINESS WIRE)--Tanger® (NYSE: SKT), a leading owner and operator of outlet and open-air retail shopping destinations, announced today that it will participate in Nareit's REITweek 2025 Investor Conference from June 3 through June 5, 2025. Stephen Yalof, President and Chief Executive Officer, and Michael Bilerman, Executive Vice President, Chief Financial Officer and Chief Investment Officer, will participate in an analyst-led Q&A session on Wednesday, June 4, 2025 at 9:30 a.m. Eastern Time. A link to the live audio-only webcast will be available online at or at Tanger 2025 REITweek Presentation. An online replay will be available at the same locations after the conclusion of the presentation until Friday, June 13, 2025. The company's current management presentation may be accessed through About Tanger® Tanger Inc. (NYSE: SKT) is a leading owner and operator of outlet and open-air retail shopping destinations, with over 44 years of expertise in the retail and outlet shopping industries. Tanger's portfolio of 37 outlet centers and three open-air lifestyle centers comprises 16 million square feet well positioned across tourist destinations and vibrant markets in 21 U.S. states and Canada. A publicly traded REIT since 1993, Tanger continues to innovate the retail experience for its shoppers with over 3,000 stores operated by more than 700 different brand name companies. For more information on Tanger, call 1-800-4TANGER or visit the Company's website at
