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Tanger ( (SKT) ) has issued an announcement.
On August 4, 2025, Tanger reported strong financial results for the second quarter of 2025, with net income and funds from operations showing significant growth compared to the previous year. The company raised its full-year guidance, driven by effective leasing, operating, and marketing strategies, which have increased shopper engagement and traffic. Tanger’s occupancy rates and average tenant sales per square foot have improved, reflecting successful portfolio management and tenant remerchandising efforts. The company’s robust leasing activity and strong balance sheet provide a solid foundation for continued growth and flexibility in pursuing long-term opportunities.
The most recent analyst rating on (SKT) stock is a Buy with a $40.00 price target. To see the full list of analyst forecasts on Tanger stock, see the SKT Stock Forecast page.
Spark’s Take on SKT Stock
According to Spark, TipRanks’ AI Analyst, SKT is a Neutral.
Tanger’s overall stock score reflects a strong financial performance with robust cash flow and profitability, balanced by high leverage. The earnings call highlighted strategic growth initiatives and challenges. Technical analysis offers neutral signals, and valuation is mixed with a high P/E but attractive dividend yield. Corporate events positively influence the score with strategic share repurchases.
To see Spark’s full report on SKT stock, click here.
More about Tanger
Tanger is a leading owner and operator of outlet and open-air retail shopping destinations, focusing on acquiring new and younger customers by adding in-demand retailers, restaurants, and entertainment destinations.
Average Trading Volume: 993,538
Technical Sentiment Signal: Buy
Current Market Cap: $3.34B
Find detailed analytics on SKT stock on TipRanks’ Stock Analysis page.