Tanger Inc. (SKT)
Tanger Inc. operates in the REIT - Retail industry of the Real Estate sector, headquartered in Greensboro, NC, US. The stock last traded at $34.72, down 0.83% on the session, giving a market capitalisation of $3.99B. On trailing twelve-month figures it carries a trailing P/E of 31.28, a net margin of 21.0%. Its beta of 1.08 implies it has historically moved more than the broad market.
Tanger Inc. (NYSE: SKT) stands as a prominent owner and operator of outlet and open-air retail shopping destinations, leveraging over 43 years of extensive expertise within the retail and outlet sectors. Its expansive portfolio comprises 38 outlet centers, an adjacent managed facility, and an open-air lifestyle complex, collectively encompassing more than 15 million square feet. These properties are strategically situated in key tourist destinations and vibrant markets across 20 U.S. states and Canada. As a publicly traded Real Estate Investment Trust (REIT) since 1993, Tanger continually innovates the retail experience for its patrons, featuring over 3,000 stores powered by more than 700 distinct brand-name companies.
Tanger Inc. is most often compared with the following Real Estate names: