On Tuesday, Tanger Inc (NYSE: SKT) opened lower -1.72% from the last session, before settling in for the closing price of $29.61. Price fluctuations for SKT have ranged from $25.94 to $37.57 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Real Estate sector was 1.79%. Company’s average yearly earnings per share was noted 2.55% at the time writing. With a float of $110.32 million, this company’s outstanding shares have now reached $113.17 million.
Considering the fact that the conglomerate employs 372 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 62.97%, operating margin of 42.0%, and the pretax margin is 18.48%.
Tanger Inc (SKT) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the REIT – Retail industry is another important factor to consider. The insider ownership of Tanger Inc is 2.52%, while institutional ownership is 91.35%. The most recent insider transaction that took place on May 12 ’25, was worth 225,750. In this transaction Director of this company sold 7,000 shares at a rate of $32.25, taking the stock ownership to the 39,602 shares. Before that another transaction happened on May 12 ’25, when Company’s Director proposed sale 7,000 for $32.25, making the entire transaction worth $225,750.
Tanger Inc (SKT) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 2.55% per share during the next fiscal year.
Tanger Inc (NYSE: SKT) Trading Performance Indicators
Check out the current performance indicators for Tanger Inc (SKT). In the past quarter, the stock posted a quick ratio of 0.13. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.12. Likewise, its price to free cash flow for the trailing twelve months is 18.04.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.84, a number that is poised to hit 0.23 in the next quarter and is forecasted to reach 0.98 in one year’s time.
Technical Analysis of Tanger Inc (SKT)
Compared to the last year’s volume of 0.94 million, its volume of 0.98 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 34.58%. Additionally, its Average True Range was 0.82.
During the past 100 days, Tanger Inc’s (SKT) raw stochastic average was set at 4.49%, which indicates a significant decrease from 14.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.24% in the past 14 days, which was lower than the 34.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $31.14, while its 200-day Moving Average is $32.94. Nevertheless, the first resistance level for the watch stands at $29.50 in the near term. At $29.90, the stock is likely to face the second major resistance level. The third major resistance level sits at $30.10. If the price goes on to break the first support level at $28.90, it is likely to go to the next support level at $28.70. Now, if the price goes above the second support level, the third support stands at $28.30.
Tanger Inc (NYSE: SKT) Key Stats
There are currently 113,174K shares outstanding in the company with a market cap of 3.29 billion. Presently, the company’s annual sales total 526,060 K according to its annual income of 98,600 K. Last quarter, the company’s sales amounted to 135,360 K and its income totaled 19,200 K.
