TANGER INC. Stock Price, News & Analysis

Tanger Factory Outlet Centers, Inc. (NYSE: SKT) will release its financial results for the quarter ending September 30, 2022, on November 2, 2022, after market close. A conference call for analysts and investors is scheduled for November 3, 2022, at 8:30 a.m. ET, accessible by dialing 1-877-605-1702. A live audio webcast will be available on Tanger's Investor Relations website, and a telephone replay will be accessible until November 17, 2022. Tanger operates 37 outlet centers across 20 states and Canada, totaling approximately 14.0 million square feet with over 2,700 stores from 600+ brand companies.

Tanger Factory Outlet Centers (NYSE: SKT) has released its sixth annual Environmental, Social and Governance (ESG) Report, showcasing its commitment to integrating ESG principles into its operations. Key highlights include efforts to establish a diverse workforce, support small minority- and women-owned businesses, and enhance employee well-being through improved health benefits. Additionally, the company donated over $740,000 to community charities in 2021 and produced 6.2 million kilowatt hours of solar energy. The report underscores Tanger's dedication to responsible corporate citizenship and sustainable practices.

Tanger Factory Outlet Centers (NYSE:SKT) reported strong financial results for Q2 2022, with net income of $0.19 per share, improving from $0.02 per share a year prior. Funds From Operations (FFO) rose to $0.45 per share, up from $0.30, reflecting a successful leasing strategy and increased occupancy to 94.9%. The company raised its guidance for the year, estimating diluted net income between $0.71 and $0.77 per share and FFO between $1.73 and $1.79. Key developments include breaking ground on a 290,000 square foot center in Nashville, expected to yield 7.0%-7.5%, and a strategic partnership in Palm Beach.

Tanger Factory Outlet Centers (NYSE: SKT) announced a partnership with Clarion Partners for the Palm Beach Outlets, rebranding it as Tanger Outlets Palm Beach. The partnership enhances Tanger's management capabilities and is expected to significantly benefit local retail partners. Effective July 29, 2022, Tanger will oversee marketing, leasing, and property management of the 455,000 sq ft center, a popular shopping destination in South Florida attracting millions of visitors annually. This marks Tanger's 38th center and second in Florida, continuing its commitment to community engagement and strong operational strategies.

Tanger Factory Outlet Centers (NYSE:SKT) has declared a cash dividend of $0.20 per share. This dividend will be paid on August 15, 2022, to shareholders recorded as of July 29, 2022. The company operates 36 outlet centers across 20 states and Canada, totaling approximately 13.6 million square feet leased to over 2,600 stores. With over 41 years in the outlet industry, Tanger is well-established as a publicly-traded REIT.

Tanger Factory Outlet Centers, Inc. (NYSE: SKT) will release its financial results for Q2 2022 on August 8, 2022, after market close. A conference call for analysts and investors is scheduled for August 9, 2022, at 8:30 a.m. ET. Interested parties can access the call by dialing 1-877-605-1702 or via the company’s Investor Relations website. A replay will be available until August 23, 2022. Tanger operates a portfolio of 36 outlet centers across 20 states and Canada, totaling approximately 13.6 million square feet.

Tanger Factory Outlet Centers, Inc. (NYSE: SKT) announced that CEO Stephen Yalof will present at the Nareit's REITweek 2022 Investor Conference on June 8 at 11:45 AM Eastern. Investors can access a live audio webcast and subsequent replay on the company's Investor Relations website until June 15. Tanger operates 36 outlet centers across 20 states and Canada, covering approximately 13.6 million square feet of retail space leased to over 2,600 stores from more than 600 brand names. The company has over 41 years of experience in the outlet industry.