Want to see SKT full AI Analyst Report?
SKT Stock Chart & Stats
$41.93
-$0.13(-0.31%)
At close: 4:00 PM EDT
$41.93
-$0.13(-0.31%)
Day’s Range― - ―
52-Week Range$29.24 - $42.53
Previous Close$41.8
Volume611.22K
Average Volume (3M)1.06M
Market Cap
$4.67B
Enterprise Value$5.64K
Total Cash (Recent Filing)$263.21M
Total Debt (Recent Filing)$1.96B
Price to Earnings (P/E)37.0
Beta0.53
Next Earnings
Aug 04, 2026EPS Estimate
0.25Next Dividend Ex-DateN/A
Dividend Yield2.98%
Share Statistics
EPS (TTM)1.10
Shares Outstanding114,875,854
10 Day Avg. Volume907,875
30 Day Avg. Volume1,062,137
Financial Highlights & Ratios
PEG Ratio2.24
Price to Book (P/B)5.34
Price to Sales (P/S)6.48
P/FCF Ratio12.77
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$40.67Price Target Upside-3.01% Downside
Rating ConsensusHold
Number of Analyst Covering9
EPS Forecast (FY)1.06
Revenue Forecast (FY)$592.74M
Bulls Say, Bears Say
Bulls Say
High Occupancy & Sales ProductivitySustained 97% occupancy and strong sales productivity indicate durable demand for Tanger’s outlet format, supporting stable base rent collections and lower vacancy risk. High occupancy and a modest OCR provide recurring cash flow resilience and pricing power over multiple quarters.
Record Leasing And Wide Rent SpreadsExceptional leasing velocity and double‑digit blended rent spreads show the company can reprice space and improve portfolio cash returns. Persistent demand and large retenanting spreads support long‑term NOI growth and margins as leases roll and redevelopments are executed.
Strong Liquidity, Cash Generation And Payout DisciplineMaterial immediate liquidity, positive free cash flow after dividends, and a conservative payout ratio provide financial flexibility to fund capex, tenant improvements, and selective acquisitions. Fixed‑rate debt and multi‑year WAM further reduce near‑term refinancing pressure.
Bears Say
Elevated LeverageLeverage has meaningfully increased versus prior years, raising financial sensitivity to occupancy or cash‑flow dips. Higher leverage limits balance sheet flexibility, elevates refinancing and interest risk despite fixed‑rate debt, and can constrain capital deployment if operating conditions weaken.
Operating Expense VolatilityLumpy, weather‑sensitive and other variable operating costs can compress same‑center NOI and free cash flow unpredictably. For a retail REIT, persistent OpEx volatility erodes margin stability and complicates multi‑quarter planning for tenant improvements and marketing investments.
Deliberately Lower Tenant RetentionA strategic decision to prioritize retenanting spreads by accepting lower retention raises downtime and execution risk. While it can lift long‑run yields, the near‑to‑medium term can see higher vacancy, leasing capex and revenue volatility if lease‑up or tenant fit underperforms expectations.
Tanger News
SKT FAQ
What was Tanger Inc.’s price range in the past 12 months?
Tanger Inc. lowest stock price was $29.23 and its highest was $42.52 in the past 12 months.
What is Tanger Inc.’s market cap?
Tanger Inc.’s market cap is $4.67B.
When is Tanger Inc.’s upcoming earnings report date?
Tanger Inc.’s upcoming earnings report date is Aug 04, 2026 which is in 2 days.
How were Tanger Inc.’s earnings last quarter?
Tanger Inc. released its earnings results on Apr 30, 2026. The company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.226 by $0.014.
Is Tanger Inc. overvalued?
According to Wall Street analysts Tanger Inc.’s price is currently Overvalued.
Does Tanger Inc. pay dividends?
Tanger Inc. pays a Quarterly dividend of $0.313 which represents an annual dividend yield of 2.98%. See more information on Tanger Inc. dividends here
What is Tanger Inc.’s EPS estimate?
Tanger Inc.’s EPS estimate is 0.25.
How many shares outstanding does Tanger Inc. have?
Tanger Inc. has 114,875,854 shares outstanding.
What happened to Tanger Inc.’s price movement after its last earnings report?
Tanger Inc. reported an EPS of $0.24 in its last earnings report, beating expectations of $0.226. Following the earnings report the stock price went down -1.97%.
Which hedge fund is a major shareholder of Tanger Inc.?
Currently, no hedge funds are holding shares in SKT
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Tanger Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$40.67 (-3.01% Downside)
$40.67 (-3.01% Downside)
Blogger Sentiment
Bullish
SKT Sentiment 80%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 19.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $518.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.2%
Last 30 Days ▲ 1.6%
Last 30 Days ▲ 1.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
37.96%
12-Months-Change
Fundamentals
Return on Equity
2.98%
Trailing 12-Months
Asset Growth
14.38%
Trailing 12-Months
Company Description
Tanger Inc.
Tanger Inc. (NYSE: SKT) stands as a prominent owner and operator of outlet and open-air retail shopping destinations, leveraging over 43 years of extensive expertise within the retail and outlet sectors. Its expansive portfolio comprises 38 outlet centers, an adjacent managed facility, and an open-air lifestyle complex, collectively encompassing more than 15 million square feet. These properties are strategically situated in key tourist destinations and vibrant markets across 20 U.S. states and Canada. As a publicly traded Real Estate Investment Trust (REIT) since 1993, Tanger continually innovates the retail experience for its patrons, featuring over 3,000 stores powered by more than 700 distinct brand-name companies.
SKT Company Deck
SKT Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call communicated multiple clear operational and financial strengths — double-digit FFO growth, record leasing volume, rising occupancy, raised guidance, strong liquidity and active merchandising/marketing initiatives — alongside manageable near-term headwinds (notably Q1 snow costs, retailer bankruptcies/closures, and a strategic low retention approach that raises short-term execution risk). Overall, management emphasized confidence in organic and selective external growth while acknowledging expense variability and timing-related cadence risk.View all SKT earnings summariesSKT Stock 12 Month Forecast
Average Price Target
$40.67
▼(-3.01% Downside)
Technical Analysis
Macerich
―
Acadia Realty
―
Kite Realty Group
―
Four Corners Property
―
Phillips Edison & Company
―
Ownership Overview
2.48% Insiders
30.58% Mutual Funds
1.19% Other Institutional Investors
33.97% Public Companies and
Individual Investors