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SKT Stock Chart & Stats
$38.06
-$0.13(-0.31%)
At close: 4:00 PM EDT
$38.06
-$0.13(-0.31%)
Day’s Range― - ―
52-Week Range$31.13 - $42.53
Previous Close$41.8
Volume611.22K
Average Volume (3M)952.73K
Market Cap
$4.02B
Enterprise Value$6.32B
Total Cash (Recent Filing)$196.88M
Total Debt (Recent Filing)$1.86B
Price to Earnings (P/E)32.1
Beta0.52
Next Earnings
Nov 04, 2026EPS Estimate
0.27Next Dividend Ex-DateN/A
Dividend Yield3.4%
Share Statistics
EPS (TTM)1.11
Shares Outstanding114,878,990
10 Day Avg. Volume1,043,220
30 Day Avg. Volume952,729
Financial Highlights & Ratios
PEG Ratio2.45
Price to Book (P/B)5.34
Price to Sales (P/S)6.48
P/FCF Ratio12.77
Enterprise Value/Market Cap1.57
Enterprise Value/Revenue10.32
Enterprise Value/Gross Profit14.84
Enterprise Value/Ebitda17.54
Forecast
1Y Price Target
$39.57Price Target Upside3.97% Upside
Rating ConsensusHold
Number of Analyst Covering7
EPS Forecast (FY)1.02
Revenue Forecast (FY)$603.55M
Bulls Say, Bears Say
Bulls Say
Strong Leasing And OccupancyHigh occupancy and sustained positive leasing spreads indicate durable tenant demand and pricing power across Tanger’s centers. These metrics support recurring rental growth, protect same-center NOI, and provide a strong base for renewing or replacing leases over the next several quarters.
Raised Earnings Guidance And Cash GenerationRaised FFO guidance, positive same-center NOI, and substantial operating cash flow show that Tanger is converting portfolio performance into recurring earnings and cash. This supports dividends, reinvestment, and measured expansion while indicating momentum beyond a single reporting period.
Improving Portfolio DiversificationA broader tenant base and greater exposure to food, services, and entertainment reduce reliance on the largest retailers and improve portfolio resilience. Continued diversification can support traffic, leasing flexibility, and more stable cash flows as tenant preferences evolve.
Bears Say
Elevated Balance-sheet LeverageThe sharp increase in debt relative to equity makes Tanger more sensitive to refinancing conditions, interest costs, and changes in property earnings. Even with fixed-rate debt and liquidity, elevated leverage can constrain acquisitions, capital allocation, and resilience during weaker operating periods.
Large-box Re-tenanting DelaysRe-tenanting former large-box space may require costly physical changes and extended leasing timelines, delaying the recovery of rent and occupancy. The resulting gap can weigh on near-term NOI and create execution risk before the expected benefits arrive in 2027 or 2028.
Uneven Free-cash-flow ConversionAlthough operating cash flow remains positive, weaker conversion into free cash flow reduces the cash cushion available for dividends, tenant improvements, capital projects, and debt reduction. Continued capital needs and uneven conversion could limit financial flexibility despite healthy reported profitability.
Tanger News
SKT FAQ
What was Tanger’s price range in the past 12 months?
Tanger lowest stock price was $31.13 and its highest was $42.52 in the past 12 months.
What is Tanger’s market cap?
Tanger’s market cap is $4.02B.
When is Tanger’s upcoming earnings report date?
Tanger’s upcoming earnings report date is Nov 04, 2026 which is in 13 days.
How were Tanger’s earnings last quarter?
Tanger released its earnings results on Aug 04, 2026. The company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.252 by $0.038.
Is Tanger overvalued?
According to Wall Street analysts Tanger’s price is currently Undervalued.
Does Tanger pay dividends?
Tanger pays a Quarterly dividend of $0.313 which represents an annual dividend yield of 3.4%. See more information on Tanger dividends here
What is Tanger’s EPS estimate?
Tanger’s EPS estimate is 0.27.
How many shares outstanding does Tanger have?
Tanger has 114,878,990 shares outstanding.
What happened to Tanger’s price movement after its last earnings report?
Tanger reported an EPS of $0.29 in its last earnings report, beating expectations of $0.252. Following the earnings report the stock price went down -0.417%.
Which hedge fund is a major shareholder of Tanger?
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
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5
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7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$39.57 (3.97% Upside)
$39.57 (3.97% Upside)
Blogger Sentiment
Bullish
SKT Sentiment 67%
Sector Average 62%
Sector Average 62%
Hedge Fund Trend
Increased
By 76.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 1.1%
Last 30 Days ▲ 0.3%
Last 30 Days ▲ 0.3%
Technicals
SMA
Negative
20 days / 200 days
Momentum
12.99%
12-Months-Change
Fundamentals
Return on Equity
18.64%
Trailing 12-Months
Asset Growth
16.62%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Tanger
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
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed multiple clear strengths: solid FFO growth, a raised full‑year guidance, positive same-center NOI, strong leasing metrics (10.5% blended rent spreads), high occupancy (~96.6%), improving tenant mix and ample liquidity to fund growth and upcoming debt maturities. The primary near-term challenges are the recapture and re‑tenanting of large Saks Off 5th boxes (timing and conversion costs), modestly higher interest expense tied to recent acquisition activity, and a competitive acquisition market with cap rate compression. Overall, the positives — including raised guidance, robust leasing and marketing momentum, strong balance sheet and dividend increase — materially outweigh the manageable near-term headwinds.View all SKT earnings summariesSKT Stock 12 Month Forecast
Average Price Target
$39.57
▲(3.97% Upside)
Technical Analysis
Kimco Realty
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Macerich
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Simon Property
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Brixmor Property
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CBL & Associates Properties
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Ownership Overview
2.48% Insiders
30.58% Mutual Funds
0.14% Other Institutional Investors
34.02% Public Companies and
Individual Investors