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Tanger ( (SKT) ) has issued an update.
On February 19, 2025, Tanger reported its financial results for the fourth quarter and full year of 2024, highlighting robust leasing activity and strategic acquisitions of two shopping centers. The company achieved an occupancy rate of 98% and increased its same center net operating income by 5.1% year-over-year, emphasizing its successful growth strategy and strong financial performance.
More about Tanger
Tanger is a prominent owner and operator of outlet and open-air retail shopping destinations, focusing on leasing, marketing, and operational excellence to enhance customer experiences at their centers.
YTD Price Performance: 2.54%
Average Trading Volume: 695,163
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3.84B
For a thorough assessment of SKT stock, go to TipRanks’ Stock Analysis page.
