Earnings Forecast Research on Tanger Factory Outlet Centers, Inc. (SKT)

Tanger Factory Outlet Centers, Inc. has received $0.61 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 6 Financial Advisor in the Stock Trading Firms. Among 6 Analysts, Bottom line EPS Estimate for the current quarter is $0.6 while the top line estimate is $0.62 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 5.17%.

Tanger Factory Outlet Centers, Inc. reported better than expected with a surprise EPS of 3.33% or $0.02 during its most recent quarterly earnings. The Actual EPS was $0.62 compared to the Estimated EPS of $0.6. Greensboro based Tanger Factory Outlet Centers, Inc. Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Feb 14, 2017.

Tanger Factory Outlet Centers, Inc. has a Price to Earnings ratio of 14.18 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 4.54. For the Most Recent Fiscal Year, Tanger Factory Outlet Centers, Inc. has a price to cash ratio of 10.04. For the Trailing twelve month period, company showed a Net Profit Margin of 60.55% and Return on Equity of the stock is 42.5%.

In the last quarter, Tanger Factory Outlet Centers, Inc. reported Annual Earnings of $0.62. Based on the filings, last years Annual Earnings was, $2.22. In the last Quarter, SKT reported a surprise Earnings per Share of 3.33% . The consensus estimate for current quarter is $0.61 and for the current fiscal year, the estimate is $2.36. For the Next fiscal year, the estimate is $2.47 based on the consensus.

Tanger Factory Outlet Centers, Inc. (NYSE:SKT) : On Tuesday heightened volatility was witnessed in Tanger Factory Outlet Centers, Inc. (NYSE:SKT) which led to swings in the share price. The stock opened for trading at $33.41 and hit $34.35 on the upside , eventually ending the session at $34.19, with a gain of 2.58% or 0.86 points. The heightened volatility saw the trading volume jump to 1,576,323 shares. The 52-week high of the share price is $42.2 and the company has a market cap of $3,285 million. The 52-week low of the share price is at $29.455 .

Tanger Factory Outlet Centers, Inc. is a fully-integrated, self-administered and self-managed real estate investment trust which focuses exclusively on developing, acquiring, owning and operating factory outlet centers. Since entering the factory outlet center business, they have become one of the largest owners and operators of factory outlet centers in the United States.

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