SKT News and Press, Tanger Factory Outlet Centers Inc. From 11/01/21

Tanger Factory Outlet (NYSE:SKT) increases its guidance for 2021 core FFO per share after Q3's earnings beat the average analyst estimate by $0.43. "Our rent spreads improved by 240 basis points sequentially on a cash basis. We also benefited from significant percentage rental growth, which w...

Tanger Factory (NYSE:SKT): Q3 FFO of $0.47 beats by $0.43. Revenue of $112.47M (+9.0% Y/Y) beats by $19.51M. Press Release Consolidated portfolio occupancy rate was 94.3% on September 30, 2021, compared to 93.0% on June 30, 2021 and 92.9% on September 30, 2020. Average tenant sales productivi...

U.S. equity markets advanced for the fourth straight week on strong corporate earnings reports while investors expressed relief over continued setbacks and cuts in the Biden Administration's tax-and-spending agenda. The fate of trillions of dollars of government spending and tax hikes...

We're at the halfway point of another newsworthy real estate earnings season with roughly 75 REITs reporting third quarter results. We discuss the highlights and major developments thus far. Consistent with the trends seen across the broader equity market, REIT earnings have generally...

Real estate earnings season kicks off this week. We'll see results from more than 175 equity REITs, 40 mortgage REITs, and dozens of housing industry companies over the next month. REITs enter third-quarter earnings season as the second-best-performing asset class this year with total...

Tanger's survival of the pandemic has not dissuaded its bears. The post-pandemic shopping experience will likely remain in a state of flux. The outlet is not dead, it continues on in this new world. For further details see: Tanger Factory Outlet: The Outlet Is Dead, Long...

Tanger Factory Outlet Centers Inc. has performed in line with the market since we last wrote on it. We examine the longer-term deterioration in the company's FFO despite falling interest payments. We tell you what supports the company in the shorter term and why we are still ratin...

Unlike most REITs, EPR still faces rent challenges. After suspending its dividend for more than a year and deferring tens of millions in rent, EPR appears to be improving. But it’s not obvious it can earn its prior valuation. With the stock roughly midway between its 2019 h...

U.S. equity markets bounced back following the worst week since February as relief over a last-minute compromise to raise the debt ceiling offset disappointment over another weaker-than-expected employment report. After flirting with "correction territory" earlier in the week, the S&a...

After experiencing a rough year in 2020, retail in the U.S. has largely recovered in 2021 -- that's good news for companies like Tanger Factory Outlet Centers (NYSE: SKT) . This real estate investment trust ( REIT ) has a large retail footprint and some tenants had to stop payin...