Company Quick10K Filing
Tanger Factory Outlet Centers
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 98 $1,573
10-Q 2019-11-04 Quarter: 2019-09-30
10-Q 2019-08-05 Quarter: 2019-06-30
10-Q 2019-05-07 Quarter: 2019-03-31
10-K 2019-02-21 Annual: 2018-12-31
10-Q 2018-11-05 Quarter: 2018-09-30
10-Q 2018-08-02 Quarter: 2018-06-30
10-Q 2018-05-03 Quarter: 2018-03-31
10-K 2018-02-22 Annual: 2017-12-31
10-Q 2017-11-08 Quarter: 2017-09-30
10-Q 2017-08-02 Quarter: 2017-06-30
10-Q 2017-05-02 Quarter: 2017-03-31
10-K 2017-02-23 Annual: 2016-12-31
10-Q 2016-10-28 Quarter: 2016-09-30
10-Q 2016-07-29 Quarter: 2016-06-30
10-Q 2016-05-04 Quarter: 2016-03-31
10-K 2016-02-23 Annual: 2015-12-31
10-Q 2015-11-03 Quarter: 2015-09-30
10-Q 2015-08-05 Quarter: 2015-06-30
10-Q 2015-05-06 Quarter: 2015-03-31
10-K 2015-02-24 Annual: 2014-12-31
10-Q 2014-11-03 Quarter: 2014-09-30
10-Q 2014-08-06 Quarter: 2014-06-30
10-Q 2014-05-08 Quarter: 2014-03-31
10-K 2014-03-03 Annual: 2013-12-31
10-Q 2013-11-12 Quarter: 2013-09-30
10-Q 2013-08-05 Quarter: 2013-06-30
10-Q 2013-05-09 Quarter: 2013-03-31
10-K 2013-02-27 Annual: 2012-12-31
10-Q 2012-11-08 Quarter: 2012-09-30
10-Q 2012-08-08 Quarter: 2012-06-30
10-Q 2012-05-10 Quarter: 2012-03-31
10-K 2012-02-29 Annual: 2011-12-31
10-Q 2011-11-07 Quarter: 2011-09-30
10-Q 2011-08-09 Quarter: 2011-06-30
10-Q 2011-05-09 Quarter: 2011-03-31
10-K 2011-02-28 Annual: 2010-12-31
10-Q 2010-11-04 Quarter: 2010-09-30
10-Q 2010-08-06 Quarter: 2010-06-29
10-Q 2010-05-07 Quarter: 2010-03-31
10-K 2010-03-01 Annual: 2009-12-31
8-K 2019-10-30 Earnings, Regulation FD, Exhibits
8-K 2019-07-31 Earnings, Regulation FD, Exhibits
8-K 2019-07-29 Officers, Exhibits
8-K 2019-06-04 Officers, Regulation FD, Exhibits
8-K 2019-05-17 Officers, Shareholder Vote, Regulation FD, Exhibits
8-K 2019-05-06 Earnings, Regulation FD, Exhibits
8-K 2019-02-13 Earnings, Regulation FD, Exhibits
8-K 2018-11-01 Earnings, Regulation FD, Exhibits
8-K 2018-10-25 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-07-30 Earnings, Officers, Regulation FD, Exhibits
8-K 2018-05-18 Shareholder Vote, Regulation FD, Exhibits
8-K 2018-05-01 Earnings, Regulation FD, Exhibits
8-K 2018-04-12 Regulation FD, Exhibits
8-K 2018-02-13 Earnings, Regulation FD, Exhibits
8-K 2018-01-09 Enter Agreement, Off-BS Arrangement, Exhibits

Tanger Factory Outlet Centers Financials

SKT Metrics, Comps, Filings

Annual | Quarterly

Business

Tanger Factory Outlet Centers, Inc. and subsidiaries, which we refer to as the Company, is one of the largest owners and operators of outlet centers in the United States and Canada. We are a fully-integrated, self-administered and self-managed REIT, which focuses exclusively on developing, acquiring, owning, operating and managing outlet shopping centers. As of December 31, 2018, our consolidated portfolio consisted of 36 outlet centers, with a total gross leasable area of approximately 12.9 million square feet, which were 97% occupied and contained over 2,600 stores representing approximately 400 store brands. We also had partial ownership interests in 8 unconsolidated outlet centers totaling approximately 2.4 million square feet, including 4 outlet centers in Canada.

Our outlet centers and other assets are held by, and all of our operations are conducted by, Tanger Properties Limited Partnership and subsidiaries, which we refer to as the Operating Partnership. The Company owns the majority of the units of partnership interest issued by the Operating Partnership through its two wholly-owned subsidiaries, Tanger GP Trust and Tanger LP Trust. Tanger GP Trust controls the Operating Partnership as its sole general partner. Tanger LP Trust holds a limited partnership interest.

As of December 31, 2018, the Company, through its ownership of the Tanger GP Trust and Tanger LP Trust, owned 93,941,783 units of the Operating Partnership and the Non-Company LPs collectively owned 4,960,684 Class A common limited partnership units. Each Class A common limited partnership unit held by the Non-Company LPs is exchangeable for one of the Company's common shares, subject to certain limitations to preserve the Company's status as a REIT. Class B common limited partnership units, which are held by Tanger LP Trust, are not exchangeable for common shares of the Company.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Uniti Group (UNIT) 1,871 0% 8.0 1% 4,790 6,192 1,049 0 61 854 6,807
LTC Properties (LTC) 1,854 0% 14.4 7% 1,499 712 167 0 107 175 2,525
Pennymac Mortgage Investment Trust (PMT) 1,798 0% 4.5 2% 9,466 7,522 299 0 193 439 1,973
Hannon Armstrong Sustainable Infrastructure Capital (HASI) 1,791 0% 18.6 3% 2,027 1,143 138 0 52 132 2,449
Chesapeake Lodging Trust (CHSP) 1,757 0% 12.0 5% 1,947 918 592 0 93 203 2,426
Ladder Capital (LADR) 1,748 3.6 3% 6,407 4,759 0 0 171 425 1,533
Alexander & Baldwin (ALEX) 1,686 0% -163.9 -5% 2,184 984 658 0 -113 -15 2,409
National Storage Affiliates Trust (NSA) 1,683 70% 8.0 2% 3,062 1,563 361 254 62 209 1,664
Essential Properties Realty Trust (EPRT) 1,641 0% 21.7 2% 1,643 613 118 0 35 98 2,134
Global Net Lease (GNL) 1,639 90% 6.8 1% 3,495 1,949 295 264 22 211 1,448
Tanger Factory Outlet Centers (SKT) 1,573 0% 11.6 3% 2,344 1,827 490 0 79 272 3,168
Tier REIT (TIER) 1,544 47% 21.9 -2% 1,544 762 106 50 -28 100 2,193
Brookfield Property REIT (BPR) 1,496 0% 0.3 20% 18,797 15,001 1,644 0 3,773 4,905 1,249
TPG Real Estate Finance Trust (TRTX) 1,411 4.9 2% 5,825 4,360 0 0 116 272 1,341
Arbor Realty Trust (ABR) 1,342 3.0 3% 5,602 4,416 0 0 154 362 1,080
Industrial Logistics Properties Trust (ILPT) 1,322 9.5 3% 2,429 1,413 0 0 66 138 1,306
Kite Realty (KRG) 1,305 0% 14.1 -1% 2,936 1,538 338 0 -23 186 2,622
New York Mortgage Trust (NYMT) 1,301 2.4 1% 18,265 16,738 0 0 111 572 1,352
Monmouth Real Estate Investment (MNR) 1,270 21.0 1% 1,835 881 0 0 14 95 1,998
Granite Point Mortgage Trust (GPMT) 1,267 7.1 2% 3,804 2,776 0 0 68 191 1,366

Balance Sheet ($MM)2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash68101516121060
Accounts Receivable
Inventory
PP&E1,1231,4041,3641,5951,6011,7652,1512,1872,065
Assets1,2161,6211,6722,0062,0962,3262,5262,5392,385
Accounts Payable
Long-Term Debt7151,1001,2001,3301,4471,5671,6881,7761,731
Liabilities7951,0931,1581,4481,5721,7201,8201,9271,879
Stockholders' Equity367461483551523605670582480
Income Statement ($MM)2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue276315357385419439466488495
Cost of Revenue
Gross Profit
R&D
SG&A253061637074297371
Tax
Net Income38515611378222197246
Cash Flow ($MM)2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating118136166187188222239253258
Cash Investing-87-361-148-174-191-222-46-118-40
Cash Financing-29227-15-747-203-142-215