SKT - Tanger Factory Outlet Centers, Inc.8:00:01 PM 9/22/2023
+ 0.06 (0.27%)
Tanger Factory Outlet Centers, Inc. is a real estate investment trust headquartered in Greensboro, North Carolina that invests in shopping centers containing outlet stores. As of December 31, 2019, the company owned 32 shopping centers comprising 12.0 million square feet and over 2,400 stores.
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Stock news

    Tanger® Outlets (NYSE: SKT), a leading operator of upscale, open-air shopping centers, announced today the appointment of Jessica K. Norman as the company's Executive Vice President, General Counsel and Secretary, effective September 12, 2023. In this role, Ms. Norman will lead Tanger's legal organization, including its corporate governance and compliance functions. Ms. Norman will report to Stephen Yalof, President and Chief Executive Officer, and will sit on the executive leadership team.

    Kimco (KIM) to acquire RPT Realty in a $2 billion all-stock deal, adding 56 open-air shopping centers to its portfolio. The move enhances its growth prospects in the key Sun Belt & Coastal markets.

    Tanger® Outlets (NYSE: SKT), a leading operator of upscale open-air outlet centers, announced today that its financial results for the quarter ending September 30, 2023 will be released on Monday, November 6, 2023 after the market close. The Company will host its conference call for analysts, investors and other interested parties on Tuesday, November 7, 2023 at 8:30 a.m. Eastern Time.

    The U.S. solar boom has electricity producers popping up in unusual places: self-storage buildings, Southern pinelands, even outlet malls. In the year since the bill became a law known as the Inflation Reduction Act, U.S. companies have announced plans for more than $100 billion of domestic projects, including solar installations, energy storage systems and panel factories, according to a report by the Solar Energy Industries Association and research firm Wood Mackenzie.

    Tanger Factory Outlet Centers (NYSE: SKT) has survived in fine fashion amid the retail apocalypse brought on by the rise of e-commerce and then supercharged by the pandemic. The owner and operator of three dozen open-air upscale outlet centers in 20 states and Canada has seen its stock price rise by about 32% so far this year. The chart below shows how strongly Tanger stock has performed this year compared with the benchmark Vanguard S&P 500 ETF (NYSEMKT: VOO) in both price and total return.

    One of the most challenging parts of investing is deciding what to do when the companies you own are doing well but the share prices reflect a different scenario. Wall Street is often forward looking, so it's quick to react to news that will affect companies six or more months down the road. This has been evident the last few days for real estate investment trusts (REITs), as the Federal Reserve continues to talk tough on inflation and traders wonder what the effects will be on commercial proper

    The S&P 500 has rallied about 15% this year and is even further above its bear market bottom of last fall. One big draw is the attractive dividends. Matt DiLallo (Digital Realty): Shares of Digital Realty have surged more than 20% this year, outperforming the more than 15% rally in the S&P 500.

    It’s been a wild year in the retail space. Inflation is forcing shoppers to spend more cautiously. Organized crime and bankruptcies are casting a shadow over the entire sector. And how does AI change the way you shop? In this week-long series, "Retail Evolution: The New Era," Yahoo Finance spoke to experts across the industry to help with your investing decisions. Tanger Outlets (SKT) CEO Stephen Yalof discussed the uptick in outlet mall shopping and the new-found approachability of luxury brand...

    The trade-down in retail seems to still be happening, buoying the morale of certain retailers more than others during the back-to-school season.

    Tanger Factory Outlet Centers has grown its occupancy to 97.2 percent as of June, with even more shoppers expected to hit the outlets this month for back-to-school shopping. Tanger Outlets (SKT) CEO Stephen Yalof joined Yahoo Finance Live to discuss the state of the consumer and the economic outlook for the outlet shopping industry as part of the weekly series "Retail Evolution: The New Era." Yalof said, "Outlet centers are a value shopping experience for people that are looking to buy brands at...