Head-To-Head Survey: Tanger (NYSE:SKT) & LXP Industrial Trust (NYSE:LXP)

LXP Industrial Trust (NYSE:LXP) and Tanger (NYSE:SKT) are both mid-cap finance companies, but which is the superior stock? We will contrast the two companies based on the strength of their risk, dividends, profitability, valuation, analyst recommendations, institutional ownership and earnings.

Dividends

LXP Industrial Trust pays an annual dividend of $0.52 per share and has a dividend yield of 5.7%. Tanger pays an annual dividend of $1.10 per share and has a dividend yield of 4.1%. LXP Industrial Trust pays out 1,300.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. 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.

Volatility & Risk

LXP Industrial Trust has a beta of 0.85, suggesting that its stock price is 15% less volatile than the S&P 500. Comparatively, Tanger has a beta of 1.85, suggesting that its stock price is 85% more volatile than the S&P 500.

Insider and Institutional Ownership

93.5% of LXP Industrial Trust shares are held by institutional investors. Comparatively, 85.2% of Tanger shares are held by institutional investors. 2.2% of LXP Industrial Trust shares are held by company insiders. Comparatively, 5.8% of Tanger shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Analyst Ratings

This is a summary of recent recommendations and price targets for LXP Industrial Trust and Tanger, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
LXP Industrial Trust	0	0	3	0	3.00
Tanger	0	4	3	0	2.43

LXP Industrial Trust presently has a consensus target price of $11.33, suggesting a potential upside of 24.27%. Tanger has a consensus target price of $29.57, suggesting a potential upside of 9.08%. Given LXP Industrial Trust’s stronger consensus rating and higher probable upside, equities research analysts plainly believe LXP Industrial Trust is more favorable than Tanger.

Profitability

This table compares LXP Industrial Trust and Tanger’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
LXP Industrial Trust	5.52%	0.86%	0.46%
Tanger	20.27%	17.72%	4.30%

Earnings and Valuation

This table compares LXP Industrial Trust and Tanger’s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
LXP Industrial Trust	$341.68 million	7.86	$30.38 million	$0.04	228.00
Tanger	$478.84 million	6.19	$99.15 million	$0.91	29.79

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.

Summary

Tanger beats LXP Industrial Trust on 9 of the 15 factors compared between the two stocks.

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.

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.