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Tanger Inc
Previous close
$36.67
Day range
$36.35 - $37.01
Year range
$24.72 - $37.01
Market cap
4.04B USD
Avg Volume
693.92K
Primary exchange
NYSE
Financials
Income Statement
Revenue
Net income
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Revenue | 135.31M | 13.01% |
Operating expense | 53.59M | 20.94% |
Net income | 24.86M | -10.02% |
Net profit margin | 18.37 | -20.37% |
Earnings per share | 0.22 | -15.38% |
EBITDA | 77.02M | 19.78% |
Effective tax rate | — | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 11.55M | -94.12% |
Total assets | 2.28B | 3.20% |
Total liabilities | 1.68B | -0.57% |
Total equity | 592.63M | — |
Shares outstanding | 110.69M | — |
Price to book | 7.11 | — |
Return on assets | 4.54% | — |
Return on capital | 4.90% | — |
Cash Flow
Net change in cash
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Net income | 24.86M | -10.02% |
Cash from operations | 65.17M | 22.52% |
Cash from investing | -19.71M | 62.16% |
Cash from financing | -43.33M | -68.75% |
Net change in cash | 1.99M | 108.12% |
Free cash flow | 59.00M | 74.47% |
About
Tanger Inc. is a real estate investment trust headquartered in Greensboro, North Carolina, that invests in shopping centers containing upscale outlet stores in the United States and Canada.
As of November 2023, the company owns and manages 38 shopping centers comprising 14.0 million square feet and more than 3,000 stores.
The company's largest tenants are Gap, Ascena Retail Group, Nike, Inc., PVH, H&M, Ralph Lauren Corporation, and VF Corporation.
Notable properties owned by the company include Tanger Outlets The Walk, Tanger Outlets Southaven, Tanger Outlets Pittsburgh, and Tanger Outlets Cookstown. Wikipedia
Founded
1981
Headquarters
Website
Employees
386
