Tanger Factory Outlet Centers (SKT) 40.62 $SKT
Research Reports Initiation on REIT Stocks -- Retail Opportunity Investments, Regency Centers, Tanger Factory Outlet Centers, and Kite Realty Group Trust
PR Newswire - Fri Sep 02, 7:00AM CDT
Real estate has finally departed from the Financials sector. The S&P Dow Jones Indices and MSCI has reclassified real estate its own unique class that would include all real estate investment trusts (REITs), except mortgage REITs. This makes it a great time to assess the most recent performances of some stocks within this new sector, particularly in the Retail REITs' space. Here are today's featured companies on Stock-Callers.com: Retail Opportunity Investments Corp. (NASDAQ: ROIC), Regency Centers Corp. (NYSE: REG), Tanger Factory Outlet Centers Inc. (NYSE: SKT), and Kite Realty Group Trust (NYSE: KRG). Learn more about these stocks by downloading their free report at:
ROIC: 22.60 (+0.39), SKT: 40.62 (+0.38), KRG: 28.96 (+0.22), REG: 81.08 (+0.95)
Taubman (TCO) Opens Overhauled International Market Place
Zacks Equity Research - Zacks Investment Research - Mon Aug 29, 9:09AM CDT
Retail real estate investment trust, Taubman Centers Inc. (TCO), announced the grand opening of the revamped International Market Place in Waikiki on Aug 25.
SKT: 40.62 (+0.38), WRI: 41.59 (+0.39), AKR: 36.99 (+0.43), TCO: 79.16 (+1.36)
/C O R R E C T I O N -- Tanger Outlets/
PR Newswire - Fri Aug 26, 9:43AM CDT
In the news release, Tanger Outlets to Make NASCAR Debut with Sponsorship on Truex Jr.'s Toyota at Richmond, issued Aug. 25, 2016 by Tanger Outlets over PR Newswire, we are advised by the company that updates have been made. The complete, corrected release follows:
SKT: 40.62 (+0.38)
Tanger Outlets to Make NASCAR Debut with Sponsorship on Truex Jr.'s Toyota at Richmond
PR Newswire - Thu Aug 25, 3:42PM CDT
Tanger Outlets (NYSE: SKT) will be the primary sponsor on Martin Truex Jr.'s No. 78 Furniture Row Racing Toyota for the Federated Auto Parts 400 Saturday night Sept. 10 at Richmond International Raceway.
SKT: 40.62 (+0.38)
Tanger Acquires 100% Ownership of Tanger Outlets Located in the Greater Savannah, Georgia Market
PR Newswire - Mon Aug 15, 7:00AM CDT
Tanger Factory Outlet Centers, Inc. (NYSE: SKT) (the "Company"
, now owns 100% of Tanger Outlets Savannah after the redemption of its partner's ownership interest on August 12, 2016. Serving the greater Savannah market since April 2015, Tanger Outlets Savannah is an upscale 420,000 square foot outlet shopping destination featuring more than 90 brand name and designer outlet stores, located in Pooler, Georgia adjacent to the Savannah International Airport.
SKT: 40.62 (+0.38)
Tanger Closes on $250 Million 3.125% Senior Notes Due 2026
PR Newswire - Mon Aug 08, 12:40PM CDT
Tanger Factory Outlet Centers, Inc. (NYSE: SKT), announced today that its operating partnership, Tanger Properties Limited Partnership, has completed a public offering of $250 million of 3.125% senior notes due 2026 in an underwritten public offering through BofA Merrill Lynch and Wells Fargo Securities as joint book-running managers. The notes were priced at 99.605% of the principal amount to yield 3.171% to maturity. The notes will pay interest semi-annually at a rate of 3.125% per annum and mature on September 1, 2026.
SKT: 40.62 (+0.38), WFC: 50.55 (+0.12)
Tanger Prices $250 Million 3.125% Senior Notes Due 2026
PR Newswire - Mon Aug 01, 3:57PM CDT
Tanger Factory Outlet Centers, Inc. (NYSE: SKT), announced today that its operating partnership, Tanger Properties Limited Partnership, has agreed to sell $250 million of 3.125% senior notes due 2026 in an underwritten public offering through BofA Merrill Lynch and Wells Fargo Securities as joint book-running managers. The notes were priced at 99.605% of the principal amount to yield 3.171% to maturity. The notes will pay interest semi-annually at a rate of 3.125% per annum and mature on September 1, 2026.
SKT: 40.62 (+0.38), WFC: 50.55 (+0.12)
Tanger Announces Public Offering of Senior Notes Due 2026
PR Newswire - Mon Aug 01, 8:13AM CDT
Tanger Factory Outlet Centers, Inc. (NYSE: SKT), announced today that its operating partnership, Tanger Properties Limited Partnership, intends to commence a public offering of senior notes due 2026, subject to market and other customary conditions. BofA Merrill Lynch and Wells Fargo Securities will act as joint book-running managers. Tanger intends to use the net proceeds from the sale of the notes to repay a $62.0 million floating rate mortgage loan related to its outlet center in Glendale (Westgate), Arizona, repay borrowings under its unsecured lines of credit, and for general corporate purposes.
SKT: 40.62 (+0.38), WFC: 50.55 (+0.12)
Tanger Outlets CEO Steve Tanger Appears on CNBC's "Mad Money with Jim Cramer"
PR Newswire - Fri Jul 29, 4:28PM CDT
Tanger Factory Outlet Centers, Inc. (NYSE: SKT) today announced that the company's President and CEO, Steven B. Tanger, appeared as a featured guest on CNBC's "Mad Money with Jim Cramer" on Thursday, July 28, 2016.
SKT: 40.62 (+0.38)
Tanger Outlets Columbus to Celebrate June 24th Grand Opening with the Spirit of American Style
PR Newswire - Tue Jun 07, 3:32PM CDT
Tanger Factory Outlet Centers, Inc. (NYSE: SKT) and Simon announced today that Tanger Outlets Columbus will celebrate the new center's Grand Opening on Friday, June 24 kicking off at 10 a.m. with an official ribbon-cutting hosted by Steven B. Tanger, President and Chief Executive Officer of Tanger Outlets, Stephen Yalof, CEO of Premium Outlets, and Drew and Jonathan Scott from the hit show, Property Brothers, as well as state and local officials. The Grand Opening, which will benefit Ohio-based Flying Horse Farms and a local children's hospital, will run through the weekend and will capture the spirit of American style.
SPG: 216.69 (+0.67), SKT: 40.62 (+0.38)
Why Investors Have these retail REITs' Stocks on Their Radar? - Brixmor Property, Macerich, Tanger Factory Outlet Centers, and Regency Centers
PR Newswire - Tue Jun 07, 7:40AM CDT
Stocks in the REITs industry have always been favored for their high growth potential. And one of the best-performing subgroups in the segment this year is the retail space. So today, ActiveWallSt.com draws investors' attention back on four equities: Brixmor Property Group Inc. (NYSE: BRX), The Macerich Co. (NYSE: MAC), Tanger Factory Outlet Centers Inc. (NYSE: SKT), and Regency Centers Corp. (NYSE: REG). Learn how to access our free insights and technical alerts at:
SKT: 40.62 (+0.38), REG: 81.08 (+0.95), MAC: 81.92 (+0.44), BRX: 28.72 (+0.22)
Tanger Factory Outlet Centers, Inc. CEO Presentation at the NAREIT REITWeek Conference 2016
PR Newswire - Tue May 31, 3:15PM CDT
Tanger Factory Outlet Centers, Inc. (NYSE: SKT) announced today that Steven B. Tanger, President and Chief Executive Officer, will be a featured presenter at NAREIT's REITWeek Conference on Tuesday, June 7, 2016 at 11:45 a.m. EDT.
SKT: 40.62 (+0.38)
Tanger Elects Directors and Officers
PR Newswire - Fri May 20, 1:30PM CDT
Today, the shareholders of Tanger Factory Outlet Centers, Inc. (NYSE: SKT) elected the following directors to serve until the 2017 annual meeting of shareholders:
SKT: 40.62 (+0.38)
Watch for Tanger Factory Outlet Centers to Potentially Rebound After Falling 1.66% Yesterday
Comtex SmarTrend(R) - Fri May 13, 2:43PM CDT
Tanger Factory Outlet Centers (NYSE:SKT) traded in a range yesterday that spanned from a low of $34.50 to a high of $35.27. Yesterday, the shares fell 1.7%, which took the trading range below the 3-day low of $35.08 on volume of 695,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
SKT: 40.62 (+0.38)
Tanger reports 1Q results
Automated Insights - Tue Apr 26, 4:49PM CDT
GREENSBORO, N.C. (AP) _ Tanger Factory Outlet Centers Inc. (SKT) on Tuesday reported a key measure of profitability in its first quarter. The results matched Wall Street expectations.
SKT: 40.62 (+0.38)
Tanger Reports First Quarter 2016 Results
PR Newswire - Tue Apr 26, 3:15PM CDT
Tanger Factory Outlet Centers, Inc. (NYSE: SKT) today reported adjusted funds from operations ("AFFO" available to common shareholders for the three months ended March 31, 2016 increased 12.0% to $0.56 per share, or $55.8 million, from $0.50 per share, or $49.8 million for the three months ended March 31, 2015. A reconciliation of funds from operations ("FFO" available to common shareholders, a widely accepted supplemental measure of REIT performance, to AFFO available to common shareholders is shown in the table below.
SKT: 40.62 (+0.38)
Tanger Outlets The Walk Leads Earth Day Cleanup
PR Newswire - Tue Apr 12, 2:43PM CDT
In honor of Earth Day, Tanger Factory Outlet Centers, Inc. (NYSE: SKT) has announced a partnership between its center in Atlantic City, the ThisIsAC community movement and more than 25 local businesses and organizations for a city-wide cleanup effort on Friday, April 22. Participants will be picking up litter and debris within and around their vicinities from 9:00 a.m. to 1:00 p.m.
SKT: 40.62 (+0.38)
Tanger Increases Dividend 14.0%
PR Newswire - Thu Apr 07, 3:15PM CDT
Tanger Factory Outlet Centers, Inc. (NYSE: SKT), announced today that its Board of Directors approved a 14.0% increase in the annual dividend on its common shares from $1.14 per share to $1.30 per share. Simultaneously, the Board of Directors declared a quarterly dividend of $0.325 per share for the first quarter ended March 31, 2016. This cash dividend will be payable on May 13, 2016 to holders of record on April 29, 2016.
SKT: 40.62 (+0.38)
Tanger Reports Year-End Results for 2015
PR Newswire - Tue Feb 09, 3:15PM CST
Tanger Factory Outlet Centers, Inc. (NYSE:SKT) today reported adjusted funds from operations ("AFFO" available to common shareholders increased 12.7% to $2.22 per share, or $221.4 million, from $1.97 per share, or $194.9 million for the year ended December 31, 2014. AFFO available to common shareholders for the three months ended December 31, 2015 increased 9.4% to $0.58 per share, or $58.1 million for the three months ended December 31, 2015, from $0.53 per share, or $52.9 million for the three months ended December 31, 2014. A reconciliation of funds from operations ("FFO" available to common shareholders, a widely accepted supplemental measure of REIT performance, to AFFO available to common shareholders is shown in the table below.
SKT: 40.62 (+0.38)
Tanger Reinvests the Majority of Proceeds from Recent Non-Core Asset Sales
PR Newswire - Thu Jan 28, 3:15PM CST
Tanger Factory Outlet Centers, Inc. (NYSE: SKT) announced today that it has used a portion of the proceeds from the asset sales that closed in 2015 to repay a $150.0 million floating rate mortgage loan and a $28.4 million deferred financing obligation, both of which are related to the company's 794,000 square foot outlet center in Deer Park, New York. As a result, the company unencumbered the Deer Park asset while simultaneously deferring a significant portion of the previously announced gains related to the asset sales.
SKT: 40.62 (+0.38)
Research Reports Initiation on REIT Stocks -- Retail Opportunity Investments, Regency Centers, Tanger Factory Outlet Centers, and Kite Realty Group Trust
PR Newswire - Fri Sep 02, 7:00AM CDT
Real estate has finally departed from the Financials sector. The S&P Dow Jones Indices and MSCI has reclassified real estate its own unique class that would include all real estate investment trusts (REITs), except mortgage REITs. This makes it a great time to assess the most recent performances of some stocks within this new sector, particularly in the Retail REITs' space. Here are today's featured companies on Stock-Callers.com: Retail Opportunity Investments Corp. (NASDAQ: ROIC), Regency Centers Corp. (NYSE: REG), Tanger Factory Outlet Centers Inc. (NYSE: SKT), and Kite Realty Group Trust (NYSE: KRG). Learn more about these stocks by downloading their free report at:
ROIC: 22.60 (+0.39), SKT: 40.62 (+0.38), KRG: 28.96 (+0.22), REG: 81.08 (+0.95)
Taubman (TCO) Opens Overhauled International Market Place
Zacks Equity Research - Zacks Investment Research - Mon Aug 29, 9:09AM CDT
Retail real estate investment trust, Taubman Centers Inc. (TCO), announced the grand opening of the revamped International Market Place in Waikiki on Aug 25.
SKT: 40.62 (+0.38), WRI: 41.59 (+0.39), AKR: 36.99 (+0.43), TCO: 79.16 (+1.36)
/C O R R E C T I O N -- Tanger Outlets/
PR Newswire - Fri Aug 26, 9:43AM CDT
In the news release, Tanger Outlets to Make NASCAR Debut with Sponsorship on Truex Jr.'s Toyota at Richmond, issued Aug. 25, 2016 by Tanger Outlets over PR Newswire, we are advised by the company that updates have been made. The complete, corrected release follows:
SKT: 40.62 (+0.38)
Tanger Outlets to Make NASCAR Debut with Sponsorship on Truex Jr.'s Toyota at Richmond
PR Newswire - Thu Aug 25, 3:42PM CDT
Tanger Outlets (NYSE: SKT) will be the primary sponsor on Martin Truex Jr.'s No. 78 Furniture Row Racing Toyota for the Federated Auto Parts 400 Saturday night Sept. 10 at Richmond International Raceway.
SKT: 40.62 (+0.38)
Tanger Acquires 100% Ownership of Tanger Outlets Located in the Greater Savannah, Georgia Market
PR Newswire - Mon Aug 15, 7:00AM CDT
Tanger Factory Outlet Centers, Inc. (NYSE: SKT) (the "Company"
, now owns 100% of Tanger Outlets Savannah after the redemption of its partner's ownership interest on August 12, 2016. Serving the greater Savannah market since April 2015, Tanger Outlets Savannah is an upscale 420,000 square foot outlet shopping destination featuring more than 90 brand name and designer outlet stores, located in Pooler, Georgia adjacent to the Savannah International Airport. SKT: 40.62 (+0.38)
Tanger Closes on $250 Million 3.125% Senior Notes Due 2026
PR Newswire - Mon Aug 08, 12:40PM CDT
Tanger Factory Outlet Centers, Inc. (NYSE: SKT), announced today that its operating partnership, Tanger Properties Limited Partnership, has completed a public offering of $250 million of 3.125% senior notes due 2026 in an underwritten public offering through BofA Merrill Lynch and Wells Fargo Securities as joint book-running managers. The notes were priced at 99.605% of the principal amount to yield 3.171% to maturity. The notes will pay interest semi-annually at a rate of 3.125% per annum and mature on September 1, 2026.
SKT: 40.62 (+0.38), WFC: 50.55 (+0.12)
Tanger Prices $250 Million 3.125% Senior Notes Due 2026
PR Newswire - Mon Aug 01, 3:57PM CDT
Tanger Factory Outlet Centers, Inc. (NYSE: SKT), announced today that its operating partnership, Tanger Properties Limited Partnership, has agreed to sell $250 million of 3.125% senior notes due 2026 in an underwritten public offering through BofA Merrill Lynch and Wells Fargo Securities as joint book-running managers. The notes were priced at 99.605% of the principal amount to yield 3.171% to maturity. The notes will pay interest semi-annually at a rate of 3.125% per annum and mature on September 1, 2026.
SKT: 40.62 (+0.38), WFC: 50.55 (+0.12)
Tanger Announces Public Offering of Senior Notes Due 2026
PR Newswire - Mon Aug 01, 8:13AM CDT
Tanger Factory Outlet Centers, Inc. (NYSE: SKT), announced today that its operating partnership, Tanger Properties Limited Partnership, intends to commence a public offering of senior notes due 2026, subject to market and other customary conditions. BofA Merrill Lynch and Wells Fargo Securities will act as joint book-running managers. Tanger intends to use the net proceeds from the sale of the notes to repay a $62.0 million floating rate mortgage loan related to its outlet center in Glendale (Westgate), Arizona, repay borrowings under its unsecured lines of credit, and for general corporate purposes.
SKT: 40.62 (+0.38), WFC: 50.55 (+0.12)
Tanger Outlets CEO Steve Tanger Appears on CNBC's "Mad Money with Jim Cramer"
PR Newswire - Fri Jul 29, 4:28PM CDT
Tanger Factory Outlet Centers, Inc. (NYSE: SKT) today announced that the company's President and CEO, Steven B. Tanger, appeared as a featured guest on CNBC's "Mad Money with Jim Cramer" on Thursday, July 28, 2016.
SKT: 40.62 (+0.38)
Tanger Outlets Columbus to Celebrate June 24th Grand Opening with the Spirit of American Style
PR Newswire - Tue Jun 07, 3:32PM CDT
Tanger Factory Outlet Centers, Inc. (NYSE: SKT) and Simon announced today that Tanger Outlets Columbus will celebrate the new center's Grand Opening on Friday, June 24 kicking off at 10 a.m. with an official ribbon-cutting hosted by Steven B. Tanger, President and Chief Executive Officer of Tanger Outlets, Stephen Yalof, CEO of Premium Outlets, and Drew and Jonathan Scott from the hit show, Property Brothers, as well as state and local officials. The Grand Opening, which will benefit Ohio-based Flying Horse Farms and a local children's hospital, will run through the weekend and will capture the spirit of American style.
SPG: 216.69 (+0.67), SKT: 40.62 (+0.38)
Why Investors Have these retail REITs' Stocks on Their Radar? - Brixmor Property, Macerich, Tanger Factory Outlet Centers, and Regency Centers
PR Newswire - Tue Jun 07, 7:40AM CDT
Stocks in the REITs industry have always been favored for their high growth potential. And one of the best-performing subgroups in the segment this year is the retail space. So today, ActiveWallSt.com draws investors' attention back on four equities: Brixmor Property Group Inc. (NYSE: BRX), The Macerich Co. (NYSE: MAC), Tanger Factory Outlet Centers Inc. (NYSE: SKT), and Regency Centers Corp. (NYSE: REG). Learn how to access our free insights and technical alerts at:
SKT: 40.62 (+0.38), REG: 81.08 (+0.95), MAC: 81.92 (+0.44), BRX: 28.72 (+0.22)
Tanger Factory Outlet Centers, Inc. CEO Presentation at the NAREIT REITWeek Conference 2016
PR Newswire - Tue May 31, 3:15PM CDT
Tanger Factory Outlet Centers, Inc. (NYSE: SKT) announced today that Steven B. Tanger, President and Chief Executive Officer, will be a featured presenter at NAREIT's REITWeek Conference on Tuesday, June 7, 2016 at 11:45 a.m. EDT.
SKT: 40.62 (+0.38)
Tanger Elects Directors and Officers
PR Newswire - Fri May 20, 1:30PM CDT
Today, the shareholders of Tanger Factory Outlet Centers, Inc. (NYSE: SKT) elected the following directors to serve until the 2017 annual meeting of shareholders:
SKT: 40.62 (+0.38)
Watch for Tanger Factory Outlet Centers to Potentially Rebound After Falling 1.66% Yesterday
Comtex SmarTrend(R) - Fri May 13, 2:43PM CDT
Tanger Factory Outlet Centers (NYSE:SKT) traded in a range yesterday that spanned from a low of $34.50 to a high of $35.27. Yesterday, the shares fell 1.7%, which took the trading range below the 3-day low of $35.08 on volume of 695,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
SKT: 40.62 (+0.38)
Tanger reports 1Q results
Automated Insights - Tue Apr 26, 4:49PM CDT
GREENSBORO, N.C. (AP) _ Tanger Factory Outlet Centers Inc. (SKT) on Tuesday reported a key measure of profitability in its first quarter. The results matched Wall Street expectations.
SKT: 40.62 (+0.38)
Tanger Reports First Quarter 2016 Results
PR Newswire - Tue Apr 26, 3:15PM CDT
Tanger Factory Outlet Centers, Inc. (NYSE: SKT) today reported adjusted funds from operations ("AFFO"
available to common shareholders for the three months ended March 31, 2016 increased 12.0% to $0.56 per share, or $55.8 million, from $0.50 per share, or $49.8 million for the three months ended March 31, 2015. A reconciliation of funds from operations ("FFO" available to common shareholders, a widely accepted supplemental measure of REIT performance, to AFFO available to common shareholders is shown in the table below. SKT: 40.62 (+0.38)
Tanger Outlets The Walk Leads Earth Day Cleanup
PR Newswire - Tue Apr 12, 2:43PM CDT
In honor of Earth Day, Tanger Factory Outlet Centers, Inc. (NYSE: SKT) has announced a partnership between its center in Atlantic City, the ThisIsAC community movement and more than 25 local businesses and organizations for a city-wide cleanup effort on Friday, April 22. Participants will be picking up litter and debris within and around their vicinities from 9:00 a.m. to 1:00 p.m.
SKT: 40.62 (+0.38)
Tanger Increases Dividend 14.0%
PR Newswire - Thu Apr 07, 3:15PM CDT
Tanger Factory Outlet Centers, Inc. (NYSE: SKT), announced today that its Board of Directors approved a 14.0% increase in the annual dividend on its common shares from $1.14 per share to $1.30 per share. Simultaneously, the Board of Directors declared a quarterly dividend of $0.325 per share for the first quarter ended March 31, 2016. This cash dividend will be payable on May 13, 2016 to holders of record on April 29, 2016.
SKT: 40.62 (+0.38)
Tanger Reports Year-End Results for 2015
PR Newswire - Tue Feb 09, 3:15PM CST
Tanger Factory Outlet Centers, Inc. (NYSE:SKT) today reported adjusted funds from operations ("AFFO"
available to common shareholders increased 12.7% to $2.22 per share, or $221.4 million, from $1.97 per share, or $194.9 million for the year ended December 31, 2014. AFFO available to common shareholders for the three months ended December 31, 2015 increased 9.4% to $0.58 per share, or $58.1 million for the three months ended December 31, 2015, from $0.53 per share, or $52.9 million for the three months ended December 31, 2014. A reconciliation of funds from operations ("FFO" available to common shareholders, a widely accepted supplemental measure of REIT performance, to AFFO available to common shareholders is shown in the table below. SKT: 40.62 (+0.38)
Tanger Reinvests the Majority of Proceeds from Recent Non-Core Asset Sales
PR Newswire - Thu Jan 28, 3:15PM CST
Tanger Factory Outlet Centers, Inc. (NYSE: SKT) announced today that it has used a portion of the proceeds from the asset sales that closed in 2015 to repay a $150.0 million floating rate mortgage loan and a $28.4 million deferred financing obligation, both of which are related to the company's 794,000 square foot outlet center in Deer Park, New York. As a result, the company unencumbered the Deer Park asset while simultaneously deferring a significant portion of the previously announced gains related to the asset sales.
SKT: 40.62 (+0.38)
