Consider Both Bulls and Bears Before Trade – Tanger Factory Outlet Centers, Inc. (SKT)

WARREN CARRIE A, SVP, Chief Marketing Officer, subtracted 6,878 shares of Tanger Factory Outlet Centers, Inc. (SKT) from its portfolio at the rate of $18.06 per share valuing $124,224 on May 24. The insider left behind 50,623 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Tanger Factory Outlet Centers, Inc. (SKT) was $15.71. Currently, the 1st Resistance Point for this stock is $15.90, with a 2nd Resistance Point sitting at $16.09. Meanwhile, this company’s stock has a 1st Support Level at $15.51 and a 2nd Support Level at $15.31. Tanger Factory Outlet Centers, Inc. (SKT) stock has lost -$0.09, or -0.57%, in the past five days. In the last full month, these shares have lost -$0.68, or -4.15%. In the past three months, this stock’s price has fallen by -$2.46, or -13.54%. This year-to-date, Tanger Factory Outlet Centers, Inc. (SKT) shares have lost -$4.51, or -22.30%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Tanger Factory Outlet Centers, Inc. (SKT) stock, 100% of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 100% of medium-term indicators point to this stock being a “ Sell .”

With 93,544 K shares outstanding, this company currently has a market capitalization of $1,479,866K. Tanger Factory Outlet Centers, Inc. (SKT) generates $494,680 K in annual sales, amounting to annual net income of $43,660 K. This stock has generated a 1-Year Total Return of -34.02%, a 3-Year Total Return of -61.39%, and a 5-year Total Return of -54.56%. This stock’s 5-Year Dividend Growth is 56.18%, with its most recent dividend valued at $0.355 per share on 07/30/19. Its Annual Dividend Yield is 9.04%, and its Annual Dividend Rate is 1.42.

In the most recently-reported fiscal quarter, which ended in Mar-19, Tanger Factory Outlet Centers, Inc. (SKT) reported earnings of $0.57 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.57 per share, representing a 0 difference and 0.19% surprise. In the previous quarter ending in Dec-18, the reported earnings of $0.64 represented a 0.02 difference from the consensus estimate calling for $0.62 per share, which was a 3.46% surprise.

For the current fiscal quarter, which is set to end in 09/2019, the average earnings estimate is $0.56 per share. This estimate came from a total of 2 Wall Street Analysts. Of those market experts, the high estimate was $0.57 and the low estimate was $0.54. In the year-ago quarter, Tanger Factory Outlet Centers, Inc. (SKT) generated per-share earnings of $0.63. If the analysts are correct about the current quarter’s earnings, the growth will be -11.11% .

Turning our focus now to insider trading activity, there have been 1 purchases (1,147 shares in total) and 4 sale (23,482 shares in total) in the last 3 months. In the last 6 months, there have been 19 insider buys amounting to 253,795 shares and 22 insider sales amounting to 95,265 shares. In the past full year, 21 insider purchases were made (involving 255,588 shares) and 27 insider sell-offs equivalent to 113,411 shares.

Looking at this company’s capital structure, its Total Debt to Total Equity is 356.72, its Total Debt to Total Capital is 78.10, and its Total Debt to Total Assets is now 71.82. Looking even further ahead into the future, its Long-Term Debt to Equity is 356.02 and its Long-Term Debt to Total Capital is 77.95.