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$28.93 - $37.95
Previous CloseN/A
Volume212.94K
Average Volume (3M)851.79K
Market Cap
$4.10B
Enterprise Value$5.86B
Total Cash (Recent Filing)$263.21M
Total Debt (Recent Filing)$1.96B
Price to Earnings (P/E)33.2
Beta0.57
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. Volume805,962
30 Day Avg. Volume851,794
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 Cap1.43
Enterprise Value/Revenue9.82
Enterprise Value/Gross Profit23.04
Enterprise Value/Ebitda16.62
Forecast
1Y Price Target
$38.29Price Target Upside2.35% Upside
Rating ConsensusHold
Number of Analyst Covering6
EPS Forecast (FY)1.06
Revenue Forecast (FY)$592.96M
Bulls Say, Bears Say
Bulls Say
Leasing MomentumRecord leasing activity and large retenanting spreads show the company can replace lower-yield tenants with higher-rent occupants, driving durable organic revenue growth. Strong lease cadence reduces vacancy risk over months and supports sustained FFO and cash generation.
High Occupancy & Sales ProductivityElevated occupancy and rising tenant sales per sq ft signal resilient retailer demand and healthier tenant economics, creating structural support for rent growth and percentage rent upside. This underpins stable rental cash flows and lowers downside from tenant stress.
Liquidity & Debt TermingMaterial immediate liquidity and long-duration, fixed-rate debt materially reduce near-term refinancing risk and interest-rate variability, preserving capacity for dividends, selective acquisitions and redevelopment. This structural buffer supports execution through economic cycles.
Bears Say
Elevated LeverageA materially higher leverage profile meaningfully tightens financial flexibility and increases sensitivity to operating shocks or higher rates. Even with liquidity, elevated debt raises refinancing and covenant risk and limits capital allocation optionality over the medium term.
Deliberately Low Tenant RetentionChoosing a lower renewal rate to chase higher retenanting spreads increases downtime and execution risk. If leasing cadence slows or tenant replacements take longer, occupancy and near-term cash flow can be pressured, raising volatility in FFO and free cash flow.
Cash-Flow & Expense VariabilityWeaker recent cash-flow momentum and lumpy operating expenses (e.g., snow costs, tenant-improvement timing) reduce predictability of distributable cash. This variability constrains reinvestment, dividend safety buffer and debt servicing flexibility if adverse trends persist.
Tanger News
SKT FAQ
What was Tanger Inc.’s price range in the past 12 months?
Tanger Inc. lowest stock price was $28.93 and its highest was $37.95 in the past 12 months.
What is Tanger Inc.’s market cap?
Tanger Inc.’s market cap is $4.10B.
When is Tanger Inc.’s upcoming earnings report date?
Tanger Inc.’s upcoming earnings report date is Aug 10, 2026 which is in 66 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 $0.292 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
Hold
Average Price Target:
$38.29 (2.35% Upside)
$38.29 (2.35% 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 $701.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.3%
Last 30 Days ▲ 1.9%
Last 30 Days ▲ 1.9%
Technicals
SMA
Positive
20 days / 200 days
Momentum
27.01%
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) is a leading owner and operator of outlet and open-air retail shopping destinations, with over 43 years of expertise in the retail and outlet shopping industries. Tanger's portfolio of 38 outlet centers, one adjacent managed center and one open-air lifestyle center comprises over 15 million square feet well positioned across tourist destinations and vibrant markets in 20 U.S. states and Canada. A publicly traded REIT since 1993, Tanger continues to innovate the retail experience for its shoppers with over 3,000 stores operated by more than 700 different 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
$38.29
▲(2.35% 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
33.75% Public Companies and
Individual Investors