The 52-week price range is $ 29.46 – 36.79 and the company has a market capitalization of $ 3.46B. Analysts covering the shares maintain a consensus Hold rating, according to Zacks Investment Research. 1 analyst has rated the stock with a sell rating, 4 has assigned a hold rating, zero says it’s a buy, and 1 have assigned a strong buy rating to the company.
Tanger Factory Outlet Centers Inc. (SKT) announced on March 17, 2016 that its financial results for the quarter ended March 31, 2016 will be released Tuesday evening, April 26, 2016 after the market close. The company will host its conference call for analysts, investors and other interested parties on Wednesday, April 27, 2016 at 10:00 a.m. Eastern Time.
To access the conference call on Wednesday, April 27, 2016, listeners should dial 1-877-277-5113, conference ID # 7901236.
Alternatively, a live audio webcast of this call will be available to the public on Tanger’s Investor Relations website investors.tangeroutlet.com, hosted by SNL IR Solutions. SNL subscribers may also access the webcast via the SNL database at www.snl.com.
A telephone replay of the call will be available from April 27, 2016 at 1:00 p.m. Eastern Time through 11:59 p.m on May 11, 2016 by dialing 1-855-859-2056, conference ID # 7901236. An online archive of the webcast will also be available through May 11, 2016.
Inanother news Tanger Factory Outlet Centers Inc. (SKT) on March 16, 2016 announced plans for a new Tanger Outlet Center serving the greater Fort Worth/Denton and adjacent metro areas. The new center will be a signature retail component of Fine Line Diversified Development’s Champions Circle, a 279-acre commercial mixed-use real estate development adjacent to the Texas Motor Speedway. When complete, this new retail destination is expected to contain approximately 350,000- square-feet of retail space and feature over 70 upscale brand name and designer outlet retailers.
Tanger has attracted and signed leases with top name brand retailers including Nike, Levi’s, Banana Republic, Gap, Old Navy, Express, Skechers, Carter’s and Oshkosh. In addition, Tanger is presently negotiating leases with numerous other leading designer/retailers seeking to secure space in this dynamic location.
“With a proven track record for developing best in class outlet centers and long standing retailer partnerships, Tanger Outlets is the company to get this project done and executed at a superior level of quality. They create lifestyle destination centers that not only provide a first-class retail experience, but also celebrate the culture of the communities in which they operate. Tanger is the ideal partner to make the vision for Champions Circle everything we had hoped. We look forward to continuing to work closely with them on a world class project at this premier intersection,” said Bill Boecker, President and CEO of Fine Line Diversified Development.
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