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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 - $42.05
Previous CloseN/A
Volume212.94K
Average Volume (3M)1.14M
Market Cap
$4.80B
Enterprise Value$5.64K
Total Cash (Recent Filing)$263.21M
Total Debt (Recent Filing)$1.96B
Price to Earnings (P/E)37.8
Beta0.51
Next Earnings
Aug 04, 2026EPS Estimate
0.25Next Dividend Ex-DateN/A
Dividend Yield2.86%
Share Statistics
EPS (TTM)1.10
Shares Outstanding114,875,854
10 Day Avg. Volume865,049
30 Day Avg. Volume1,141,056
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
$40.13Price Target Upside7.26% Upside
Rating ConsensusHold
Number of Analyst Covering8
EPS Forecast (FY)1.06
Revenue Forecast (FY)$592.74M
Bulls Say, Bears Say
Bulls Say
Operating Performance & MarginsConsistent revenue growth with a TTM net margin around 21% and recurring positive free cash flow indicates durable cash generation and operational resilience. This underpins dividend capacity, funds redevelopment/tenant improvements, and cushions the business against cyclical retail volatility over months.
Leasing Momentum & OccupancyRecord leasing volume, high occupancy and double-digit blended rent spreads demonstrate sustained tenant demand and pricing power. Strong sales productivity supports percentage rents and lease economics, improving medium-term NOI growth potential and reducing reliance on external acquisitions to drive revenue.
Liquidity & Liability ProfileSubstantial immediate liquidity, long-weighted maturities and largely fixed-rate debt lower refinancing and short-term rate risks. Combined with a conservative FAD payout (~53%) and reported free cash after dividends, this balance gives flexibility to fund selective growth or weather retailer disruptions over the next several quarters.
Bears Say
Elevated LeverageMaterially higher leverage versus recent history substantially reduces financial flexibility and raises refinancing and covenant sensitivity. If operating cash flow softens or rates move higher, interest and principal demands could pressure distributable cash and constrain capital allocation over the medium term.
Weaker Cash-Flow MomentumA decline in FCF momentum and lower operating cash coverage versus historical norms can impair the firm's ability to sustain distributions and self-fund redevelopments. Persisting cash-timing or OpEx pressures would increase dependence on external financing amid an elevated leverage profile.
Execution & Tenant-Retention RiskIntentionally lower retention to upgrade tenant mix raises vacancy downtime, TI costs and leasing cadence risk, which can depress near-term NOI and require more active asset management. Combined with bankruptcy/store-closure headwinds, this strategy elevates execution risk over coming quarters.
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 $42.05 in the past 12 months.
What is Tanger Inc.’s market cap?
Tanger Inc.’s market cap is $4.80B.
When is Tanger Inc.’s upcoming earnings report date?
Tanger Inc.’s upcoming earnings report date is Aug 04, 2026 which is in 14 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 2.86%. 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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10
Analyst Consensus
Hold
Average Price Target:
$40.13 (7.26% Upside)
$40.13 (7.26% Upside)
Blogger Sentiment
Bullish
SKT Sentiment 70%
Sector Average 62%
Sector Average 62%
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
Very Positive
Last 7 Days ▲ 1.0%
Last 30 Days ▲ 5.8%
Last 30 Days ▲ 5.8%
Technicals
SMA
Positive
20 days / 200 days
Momentum
36.13%
12-Months-Change
Fundamentals
Return on Equity
2.86%
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 Stock 12 Month Forecast
Average Price Target
$40.13
▲(7.26% Upside)
Technical Analysis
Macerich
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Acadia Realty
―
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
30.58% Mutual Funds
0.42% Other Institutional Investors
35.43% Public Companies and
Individual Investors