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home / news releases / WPG - Tanger: Why The Stock Is A Strong Sell

WPG - Tanger: Why The Stock Is A Strong Sell

Washington Prime Group Inc.
  • SKT rent collection came in at 95%.
  • The stock is trading above pre-pandemic levels.
  • With the payout ratio at 42%, shareholders may think that the company is printing cash, but in reality, much of retained cash must be used to pay down debt.
  • I explain why the stock is a strong sell.

For further details see:

Tanger: Why The Stock Is A Strong Sell
Stock Information
Company Name: Washington Prime Group Inc.
Stock Symbol: WPG
Market: NYSE
Website: washingtonprime.com
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