Tanger Factory Outlet Centers is a self-administered and self-managed real estate investment trust. Co. is an owner and operator of outlet centers in the U.S. and Canada. Co. focuses on developing, acquiring, owning, operating and managing outlet shopping centers. Co.'s consolidated portfolio consists of several outlet centers and contained various stores representing various store brands. Co. also has partial ownership interests in several unconsolidated outlet centers, including its outlet centers in Canada. Co.'s outlet centers and other assets are held by, and all of Co.'s operations are conducted by, its subsidiary, Tanger Properties Limited Partnership, and its subsidiaries. We show 54 historical shares outstanding datapoints in our SKT shares outstanding history coverage, used to compute SKT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SKT market cap history over the course of time is important for investors
interested in comparing SKT's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of SKT versus a peer is one thing; comparing
SKT market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like SKT can fluctuate over the course of history.
With this page we aim to empower investors researching SKT by allowing them to research the SKT market cap history. |
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Video: The Importance of Market Cap
