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Tanger Factory Outlet Centers Inc (SKT)

SKT on New York Consolidated

24.40USD
22 Nov 2017
Change (% chg)

$0.26 (+1.08%)
Prev Close
$24.14
Open
$24.14
Day's High
$24.74
Day's Low
$24.06
Volume
1,162,700
Avg. Vol
1,851,834
52-wk High
$37.34
52-wk Low
$21.81

Latest Key Developments (Source: Significant Developments)

Tanger reports Q3 adjusted FFO per share $0.63
Tuesday, 7 Nov 2017 04:15pm EST 

Nov 7 (Reuters) - Tanger Factory Outlet Centers Inc ::Tanger reports third quarter 2017 results.Q3 adjusted FFO per share $0.63.Tanger Factory Outlet Centers Inc - qtrly ‍affo available to common shareholders $0.63 per share.Tanger Factory Outlet Centers Inc - ‍revising its net income, FFO and AFFO per share guidance for 2017​.Tanger Factory Outlet Centers Inc - sees ‍for year ended December 31, 2017 diluted FFO per share between $2.05 and $2.09​.  Full Article

Tanger Q2 adjusted FFO per share $0.59
Tuesday, 1 Aug 2017 04:59pm EDT 

Aug 1 (Reuters) - Tanger Factory Outlet Centers Inc ::Tanger reports second quarter 2017 results.Q2 FFO per share $0.59.Q2 adjusted FFO per share $0.59.Tanger Factory Outlet Centers Inc sees 2017 affo earnings per share $2.40 to $2.45‍​.Tanger Factory Outlet Centers sees 2017 FFO per share $2.04 to $2.09.Q2 FFO per share view $0.59 -- Thomson Reuters I/B/E/S.Fy2017 FFO per share view $2.35 -- Thomson Reuters I/B/E/S.  Full Article

Tanger prices $300 mln 3.875 pct senior notes due 2027
Wednesday, 28 Jun 2017 04:22pm EDT 

June 28 (Reuters) - Tanger Factory Outlet Centers Inc -:Tanger prices $300 million 3.875% senior notes due 2027.Tanger Factory Outlet Centers Inc - ‍notes were priced at 99.579% of principal amount to yield 3.926% to maturity​.Tanger Factory Outlet Centers Inc - notes will pay interest semi-annually at a rate of 3.875% per annum and mature on july 15, 2027.  Full Article

Tanger reports $125 mln share repurchase plan
Friday, 19 May 2017 09:06am EDT 

May 19 (Reuters) - Tanger Factory Outlet Centers Inc ::Tanger announces $125,000,000 share repurchase plan.Tanger Factory Outlet Centers Inc - expects to record a gain of approximately $6.6 million on sale of Westbrook Outlet Center during q2 of 2017.Tanger Factory Outlet Centers - to use net proceeds from sale of the unencumbered asset to fund purchases under newly authorized share repurchase plan.  Full Article

Tanger increases dividend 5.4 pct
Thursday, 6 Apr 2017 08:30am EDT 

Tanger Factory Outlet Centers Inc : Tanger increases dividend 5.4 pct . Sets FY dividend of $1.37per share . Tanger Factory Outlet Centers Inc says board of directors declared a quarterly dividend of $0.3425 per share for q1 ended March 31, 2017 .Tanger Factory Outlet Centers Inc - board approved a 5.4 pct increase in annual dividend on its common shares from $1.30 per share to $1.37 per share.  Full Article

Tanger says prices $100 mln of senior notes due 2026
Wednesday, 5 Oct 2016 04:52pm EDT 

Tanger Factory Outlet Centers Inc : Upon closing of offering of new notes, aggregate principal amount outstanding of 3.125% senior notes due 2026 will be $350 million . Tanger prices $100 million 3.125% senior notes due 2026 .Tanger factory outlet centers inc says new notes were priced at 98.962% of principal amount to yield 3.248% to maturity.  Full Article

Tanger acquires 100 pct ownership of its outlets located in Georgia Market
Monday, 15 Aug 2016 08:00am EDT 

Tanger Factory Outlet Centers Inc : Contributed $15 million in cash consideration to joint venture with borrowings under its unsecured lines of credit . Tanger acquires 100% ownership of tanger outlets located in the greater savannah, georgia market . Tanger paid a capitalization rate of approximately 5.9% based on a valuation of $197 million for outlet center . Expects transaction to be about neutral to 2016 funds from operations (ffo) per share, excluding acquisition costs .Joint venture is now wholly-owned and will be consolidated in company's financial results as of acquisition date.  Full Article

Tanger prices offering of senior notes due 2026
Monday, 1 Aug 2016 04:57pm EDT 

Tanger Factory Outlet Centers Inc : Tanger prices $250 million 3.125% senior notes due 2026 . Estimated net proceeds from offering, after deducting underwriting discount and offering expenses, expected to be about $246.7 million . Notes will pay interest semi-annually at a rate of 3.125% per annum and mature on September 1, 2026 .Notes were priced at 99.605% of principal amount to yield 3.171% to maturity.  Full Article

Tanger announces public offering of senior notes due 2026
Monday, 1 Aug 2016 09:13am EDT 

Tanger Factory Outlet Centers Inc : Tanger announces public offering of senior notes due 2026 .Intends to use net proceeds from sale of notes to repay a $62.0 million floating rate mortgage loan.  Full Article

Tanger Factory Outlet Centers says Q2 adjusted FFO per share $0.59
Tuesday, 26 Jul 2016 04:20pm EDT 

Tanger Factory Outlet Centers Inc : Sees 2016 diluted ffo per share $2.31 - $2.36 . Fy2016 FFO per share view $2.32 -- Thomson Reuters I/B/E/S . Q2 FFO per share view $0.56 -- Thomson Reuters I/B/E/S . Tanger reports second quarter 2016 results . Q2 adjusted FFO per share $0.59 . Expects 2016 same center noi growth between 3.0% and 3.5% for consolidated portfolio . Sees 2016 diluted net income per share $1.55 - $1.60 . Sees 2016 diluted affo per share $2.32 - $2.37 . Expects 2016 same center noi growth between 3.0% and 3.5% for consolidated portfolio .Tanger factory outlet centers inc qtrly ffo available to common shareholders per share $0.59.  Full Article

BRIEF-Tanger reports Q3 adjusted FFO per share $0.63

* Tanger Factory Outlet Centers Inc - qtrly ‍affo available to common shareholders $0.63 per share