Tanger Inc. (SKT)
NYSE:SKT
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SKT Stock Chart & Stats
$37.41
-$0.26(-0.78%)
At close: 4:00 PM EST
$37.41
-$0.26(-0.78%)
Day’s Range― - ―
52-Week Range$29.24 - $40.57
Previous CloseN/A
Volume212.94K
Average Volume (3M)969.38K
Market Cap
$4.57B
Enterprise Value$5.86B
Total Cash (Recent Filing)$263.21M
Total Debt (Recent Filing)$1.96B
Price to Earnings (P/E)36.9
Beta0.56
Next Earnings
Aug 10, 2026EPS Estimate
0.25Next Dividend Ex-DateN/A
Dividend Yield3.38%
Share Statistics
EPS (TTM)1.10
Shares Outstanding114,875,854
10 Day Avg. Volume1,056,665
30 Day Avg. Volume969,375
Financial Highlights & Ratios
PEG Ratio2.25
Price to Book (P/B)5.34
Price to Sales (P/S)6.48
P/FCF Ratio12.77
Enterprise Value/Market Cap1.28
Enterprise Value/Revenue9.82
Enterprise Value/Gross Profit23.04
Enterprise Value/Ebitda16.62
Forecast
1Y Price Target
$38.82Price Target Upside3.77% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
EPS Forecast (FY)1.06
Revenue Forecast (FY)$592.96M
Bulls Say, Bears Say
Bulls Say
High Occupancy & Sales ProductivityConsistently high occupancy and strong sales productivity underpin durable rental cash flows and tenant demand. This structural strength supports renewal leverage, stable same-center NOI and predictable FFO generation, reducing downside risk from isolated tenant churn over the next several quarters.
Record Leasing And Rent SpreadsSustained high leasing volume and meaningful rent/retenanting spreads point to favorable supply/demand positioning and effective merchandising. These durable lease-up and repricing dynamics support organic NOI growth, strengthen tenant mix, and provide recurring upside to core FFO over multiple quarters.
Strong Liquidity And Liability ProfileAmple immediate liquidity and long-duration, largely fixed-rate debt materially reduce near-term refinancing urgency. This structural financing cushion preserves flexibility to fund operations, dividends and selective acquisitions while managing interest expense risk across the medium term.
Bears Say
Elevated LeverageMaterially higher leverage increases financial sensitivity to operating setbacks or rising financing costs. Even with fixed-rate debt today, elevated debt-to-equity reduces strategic flexibility, heightens default/refinancing risk under stress, and narrows capacity for opportunistic investments.
Deliberately Low Tenant RetentionA strategic decision to accept lower retention to capture stronger retenanting spreads increases short-term vacancy and retenanting costs. This structural trade-off raises execution risk, can depress same-center NOI temporarily, and may pressure FFO and cash flow timing over several quarters.
Competitive Acquisition Market & Retail ChurnHeightened competition for assets raises acquisition prices and compresses returns, constraining durable external growth. Coupled with retailer bankruptcies/closures that drive churn, this structural backdrop limits accretive M&A options and increases the importance of disciplined capital allocation.
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 $40.56 in the past 12 months.
What is Tanger Inc.’s market cap?
Tanger Inc.’s market cap is $4.57B.
When is Tanger Inc.’s upcoming earnings report date?
Tanger Inc.’s upcoming earnings report date is Aug 10, 2026 which is in 58 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 Undervalued.
Does Tanger Inc. pay dividends?
Tanger Inc. pays a Quarterly dividend of $0.313 which represents an annual dividend yield of 3.38%. 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 -1.969%.
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
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Analyst Consensus
Moderate Buy
Average Price Target:
$38.82 (3.77% Upside)
$38.82 (3.77% Upside)
Blogger Sentiment
Bullish
SKT Sentiment 70%
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
Positive
Last 7 Days ▼ 1.1%
Last 30 Days ▲ 4.1%
Last 30 Days ▲ 4.1%
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
39.55%
12-Months-Change
Fundamentals
Return on Equity
18.24%
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
$38.82
▲(3.77% Upside)
Technical Analysis
Macerich
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Acadia Realty
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Kite Realty Group
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Four Corners Property
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Phillips Edison & Company
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Ownership Overview
2.48% Insiders
28.24% Mutual Funds
8.51% Other Institutional Investors
29.50% Public Companies and
Individual Investors