Tanger (NYSE:SKT – Get Free Report) and LXP Industrial Trust (NYSE:LXP – Get Free Report) are both mid-cap finance companies, but which is the better business? We will compare the two companies based on the strength of their profitability, institutional ownership, valuation, risk, analyst recommendations, earnings and dividends.
Profitability
This table compares Tanger and LXP Industrial Trust’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Tanger | 20.27% | 17.72% | 4.30% |
| LXP Industrial Trust | 5.52% | 0.86% | 0.46% |
Analyst Recommendations
This is a breakdown of recent recommendations for Tanger and LXP Industrial Trust, as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Tanger | 0 | 4 | 3 | 0 | 2.43 |
| LXP Industrial Trust | 0 | 0 | 3 | 0 | 3.00 |
Insider & Institutional Ownership
85.2% of Tanger shares are owned by institutional investors. Comparatively, 93.5% of LXP Industrial Trust shares are owned by institutional investors. 5.8% of Tanger shares are owned by insiders. Comparatively, 2.2% of LXP Industrial Trust shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Valuation and Earnings
This table compares Tanger and LXP Industrial Trust’s top-line revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Tanger | $464.41 million | 6.18 | $99.15 million | $0.91 | 28.86 |
| LXP Industrial Trust | $340.50 million | 7.90 | $30.38 million | $0.04 | 228.56 |
Tanger has higher revenue and earnings than LXP Industrial Trust. Tanger is trading at a lower price-to-earnings ratio than LXP Industrial Trust, indicating that it is currently the more affordable of the two stocks.
Dividends
Tanger pays an annual dividend of $1.10 per share and has a dividend yield of 4.2%. LXP Industrial Trust pays an annual dividend of $0.52 per share and has a dividend yield of 5.7%. Tanger pays out 120.9% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. LXP Industrial Trust pays out 1,300.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.
Volatility & Risk
Tanger has a beta of 1.9, meaning that its share price is 90% more volatile than the S&P 500. Comparatively, LXP Industrial Trust has a beta of 0.86, meaning that its share price is 14% less volatile than the S&P 500.
Summary
Tanger beats LXP Industrial Trust on 9 of the 15 factors compared between the two stocks.
About Tanger
Tanger Inc. (NYSE: SKT) is a leading owner and operator of outlet and open-air retail shopping destinations, with over 43 years of expertise in the retail and outlet shopping industries. Tanger's portfolio of 38 outlet centers, one adjacent managed center and one open-air lifestyle center comprises over 15 million square feet well positioned across tourist destinations and vibrant markets in 20 U.S. states and Canada. A publicly traded REIT since 1993, Tanger continues to innovate the retail experience for its shoppers with over 3,000 stores operated by more than 700 different brand name companies. Tanger is furnishing a Form 8-K with the Securities and Exchange Commission ("SEC") that includes a supplemental information package for the quarter and year ended December 31, 2023.
About LXP Industrial Trust
LXP Industrial Trust (NYSE: LXP) is a publicly traded real estate investment trust (REIT) focused on single-tenant industrial real estate investments across the United States. LXP seeks to expand its industrial portfolio through acquisitions, build-to-suit transactions, sale-leaseback transactions, development projects and other transactions.
Receive News & Ratings for Tanger Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tanger and related companies with MarketBeat.com's FREE daily email newsletter.
