Tanger Inc. Common Stock (SKT)

Frequently Asked Questions About Tanger Inc. Common Stock (SKT)

Does Tanger Inc. have any plans for expansion?

Tanger Inc. continuously evaluates opportunities for strategic growth, including the acquisition of existing properties or development of new outlet centers in key markets. The company looks for locations that provide strong consumer demand and fit with its overall growth strategy.

Does Tanger Inc. offer any investor resources?

Yes, Tanger Inc. provides a range of investor resources on its official website, including financial reports, dividend information, stock performance data, and news releases. The company is committed to transparency and keeps its investors informed about its operations and financial health.

How can I invest in Tanger Inc. stock?

Investing in Tanger Inc. stock can be done through a brokerage account that allows you to buy shares of publicly traded companies. Interested investors can purchase shares of SKT directly through various online brokerage platforms or consult with financial advisors for guidance on investment strategies.

How does Tanger Inc. engage with its communities?

Tanger Inc. actively engages with local communities through various initiatives, including charitable donations, partnerships with local organizations, and community events at its shopping centers. The company focuses on giving back and supporting the areas where it operates, creating a positive impact beyond retail.

How does Tanger Inc. generate revenue?

Tanger Inc. generates revenue primarily through leasing space in its outlet centers to retail tenants. The company earns rental income from long-term leases and variable rents based on tenants' sales performance, as well as through property management services.

How has Tanger Inc. adapted to changes in retail?

Tanger Inc. has adapted to changes in the retail landscape by enhancing its marketing strategies, improving the customer experience, and incorporating technology in its operations. The company has focused on attracting a mix of retail tenants and increasing foot traffic through events and promotions, as well as optimizing its online presence.

Is Tanger Inc. publicly traded?

Yes, Tanger Inc. is publicly traded on the New York Stock Exchange under the ticker symbol SKT. The company has been listed and traded publicly since its initial public offering in 1993, allowing investors to buy shares and participate in its growth.

What are Tanger's recent financial results?

For the most recent financial results, refer to Tanger Inc.'s quarterly and annual earnings reports available on their website. The reports provide insights into revenue, net income, rental income, and other key performance indicators, offering a comprehensive view of the company's financial health.

What are the risks associated with investing in Tanger Inc.?

Investing in Tanger Inc. carries various risks, including economic downturns that can affect consumer spending and retail sales. Additionally, the company faces competition from other retail formats and the potential impact of e-commerce on traditional shopping behaviors. Changes in interest rates can also affect the cost of borrowing and the attractiveness of dividend yield.

What challenges has Tanger faced in recent years?

In recent years, Tanger Inc. has faced challenges related to the retail sector's transformation due to factors such as the rise of e-commerce, changing consumer behavior, and the impact of the COVID-19 pandemic. These challenges have prompted the company to rethink its strategies and enhance its shopping centers to remain competitive.

What does Tanger Inc. do?

Tanger Inc. is a real estate investment trust (REIT) that specializes in the ownership, operation, and development of outlet shopping centers. The company focuses on creating value for its shareholders by maintaining high-quality properties that attract key retail brands and offering a memorable shopping experience for consumers.

What does Tanger Inc. envision for the future?

Tanger Inc. envisions a future where its outlet centers continue to thrive as premier shopping destinations by focusing on a curated mix of retailers, enhancing customer experiences, and embracing technology. The company aims to adapt to evolving trends in retail and consumer behavior while continuing to grow its footprint.

What financial benefits do investors gain from Tanger Inc. stock?

Investors in Tanger Inc. stock can potentially benefit from capital appreciation as the value of the company's properties increases over time. Additionally, as a REIT, Tanger is required to distribute at least 90% of its taxable income to shareholders in the form of dividends, making it an attractive investment for those seeking income.

What is Tanger's commitment to sustainability?

Tanger Inc. is committed to implementing sustainable practices across its properties. The company focuses on energy efficiency, water conservation, and waste reduction to minimize its environmental impact. Tanger also explores opportunities for sustainable design in new developments and renovations.

What is the size of Tanger's property portfolio?

As of 2023, Tanger Inc. owns and operates a portfolio of 37 outlet shopping centers across the United States, encompassing approximately 14 million square feet of retail space. This extensive portfolio allows the company to serve millions of shoppers annually while providing a range of shopping experiences.

What types of retailers are present in Tanger's outlets?

Tanger's outlet centers feature a wide variety of retailers, including both luxury brand outlets and popular mainstream brands. Shoppers can find everything from apparel and accessories to home goods and electronics, catering to a diverse customer base looking for discounts on high-quality merchandise.

When was Tanger Inc. founded?

Tanger Inc. was founded in 1981 by Stanley Tanger. The company has since grown to become one of the leading operators of outlet centers in the United States, establishing a reputation for its commitment to providing high-quality retail spaces.

Where are Tanger's properties located?

Tanger Inc. operates a portfolio of outlet centers primarily located in the United States. The company has properties in key retail markets and tourist destinations across the country, offering consumers a diverse range of shopping opportunities.

Who manages Tanger Inc.?

Tanger Inc. is managed by a team of experienced professionals led by the company's CEO and senior executives. The management team is responsible for the strategic planning, development, and operational management of Tanger's properties, ensuring that the company meets its business objectives and maximizes shareholder value.

What is the current price of Tanger Inc. Common Stock?

The current price of Tanger Inc. Common Stock is 31.71

When was Tanger Inc. Common Stock last traded?

The last trade of Tanger Inc. Common Stock was at 1:58 pm EDT on April 3rd, 2025

What is the market capitalization of Tanger Inc. Common Stock?

The market capitalization of Tanger Inc. Common Stock is 3.30B

How many shares of Tanger Inc. Common Stock are outstanding?

Tanger Inc. Common Stock has 103.96M shares outstanding.