WallStSmart

Regency Centers Corporation (REG)vsTanger Factory Outlet Centers Inc (SKT)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Regency Centers Corporation generates 171% more annual revenue ($1.61B vs $595.14M). REG leads profitability with a 32.7% profit margin vs 19.3%. REG appears more attractively valued with a PEG of 2.61. REG earns a higher WallStSmart Score of 65/100 (B-).

REG

Strong Buy

65

out of 100

Grade: B-

Growth: 7.3Profit: 7.5Value: 7.3Quality: 4.3
Piotroski: 4/9Altman Z: 0.80

SKT

Buy

61

out of 100

Grade: C+

Growth: 6.7Profit: 8.0Value: 6.7Quality: 3.8
Piotroski: 5/9Altman Z: 0.41
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

REGUndervalued (+42.1%)

Margin of Safety

+42.1%

Fair Value

$131.98

Current Price

$74.43

$57.55 discount

UndervaluedFair: $131.98Overvalued
SKTUndervalued (+16.4%)

Margin of Safety

+16.4%

Fair Value

$40.47

Current Price

$33.95

$6.52 discount

UndervaluedFair: $40.47Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

REG4 strengths · Avg: 9.5/10
Profit MarginProfitability
32.7%10/10

Keeps 33 of every $100 in revenue as profit

Operating MarginProfitability
38.8%10/10

Strong operational efficiency at 38.8%

EPS GrowthGrowth
141.9%10/10

Earnings expanding 141.9% YoY

Price/BookValuation
2.0x8/10

Reasonable price relative to book value

SKT2 strengths · Avg: 9.0/10
Operating MarginProfitability
31.4%10/10

Strong operational efficiency at 31.4%

EPS GrowthGrowth
21.3%8/10

Earnings expanding 21.3% YoY

Areas to Watch

REG4 concerns · Avg: 2.8/10
P/E RatioValuation
26.4x4/10

Moderate valuation

Return on EquityProfitability
7.7%3/10

ROE of 7.7% — below average capital efficiency

PEG RatioValuation
2.612/10

Expensive relative to growth rate

Altman Z-ScoreHealth
0.802/10

Distress zone — elevated risk

SKT3 concerns · Avg: 2.7/10
P/E RatioValuation
34.4x4/10

Premium valuation, high expectations priced in

PEG RatioValuation
4.142/10

Expensive relative to growth rate

Altman Z-ScoreHealth
0.412/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : REG

The strongest argument for REG centers on Profit Margin, Operating Margin, EPS Growth. Profitability is solid with margins at 32.7% and operating margin at 38.8%.

Bull Case : SKT

The strongest argument for SKT centers on Operating Margin, EPS Growth. Profitability is solid with margins at 19.3% and operating margin at 31.4%. Revenue growth of 13.9% demonstrates continued momentum.

Bear Case : REG

The primary concerns for REG are P/E Ratio, Return on Equity, PEG Ratio.

Bear Case : SKT

The primary concerns for SKT are P/E Ratio, PEG Ratio, Altman Z-Score.

Key Dynamics to Monitor

SKT carries more volatility with a beta of 1.17 — expect wider price swings.

SKT is growing revenue faster at 13.9% — sustainability is the question.

REG generates stronger free cash flow (76M), providing more financial flexibility.

Monitor REIT - RETAIL industry trends, competitive dynamics, and regulatory changes.

Bottom Line

REG scores higher overall (65/100 vs 61/100), backed by strong 32.7% margins. SKT offers better value entry with a 16.4% margin of safety. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Regency Centers Corporation

REAL ESTATE · REIT - RETAIL · USA

Regency Centers Corporation is a real estate investment trust based in Jacksonville, Florida and is one of the largest operators of shopping centers with grocery stores as anchor tenants.

Tanger Factory Outlet Centers Inc

REAL ESTATE · REIT - RETAIL · USA

Tanger Factory Outlet Centers, Inc. (NYSE: SKT) is a leading operator of luxury outdoor outlet shopping centers that owns or has an ownership interest in a portfolio of 38 centers.

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