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SKT Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
39.650
Open
38.980
VWAP
39.18
Vol
1.77M
Mkt Cap
4.50B
Low
38.770
Amount
69.57M
EV/EBITDA(TTM)
34.00
Total Shares
114.88M
EV
6.16B
EV/OCF(TTM)
21.22
P/S(TTM)
7.55
Tanger Inc. is an owner and operator of outlet and open-air retail shopping destinations, with expertise in the retail and outlet shopping industries. The Company is a fully integrated, self-administered and self-managed real estate investment trust (REIT), which focuses on developing, acquiring, owning, operating and managing outlets and other open-air retail centers. Its shopping centers and other assets are held by, and all its operations are conducted by Tanger Properties Limited Partnership and subsidiaries (Operating Partnership). Its portfolio includes approximately 38 outlet centers, and four open-air lifestyle centers includes 17 million square feet across tourist destinations and markets in Canada and 22 states in the United States. It offers over 3,000 stores operated by more than 800 different brand name companies. Its consolidated outlet centers include Tanger Outlets Deer Park, Tanger Outlets Riverhead, Tanger Outlets Foley, Tanger Outlets Rehoboth Beach, and others.
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Events Timeline

(ET)
2026-05-28
08:10:00
Tanger Acquires The Town Center at Levis Commons for Approximately $60 Million
select

News

NASDAQ.COM
4.5
06-16NASDAQ.COM
Mixed Performance in US Stock Indices Amid Energy Sector Pressure
  • Mixed Market Performance: The S&P 500 Index rose by 0.11%, the Dow Jones Industrial Average increased by 0.57%, while the Nasdaq 100 Index fell by 0.18%, indicating a complex market sentiment particularly influenced by the pressure on energy stocks due to declining oil prices.
  • Oil Price Impact: WTI crude oil prices dropped over 3% to a 3.25-month low, easing inflation expectations and providing support for stocks and bonds, reflecting a cautious market outlook on future economic growth.
  • Weak Housing Data: US May housing starts fell by 15.4% month-over-month to a six-year low of 1.177 million, below the expected 1.430 million, indicating potential challenges for economic recovery stemming from a sluggish real estate market.
  • FOMC Meeting Focus: Market attention shifts to the two-day FOMC meeting, where rates are expected to remain unchanged, but the press conference led by new Chair Kevin Warsh will be pivotal in shaping future monetary policy directions.
seekingalpha
6.0
06-16seekingalpha
BofA Securities Adjusts Ratings on Five REITs
  • WPC Upgrade: BofA upgraded W. P. Carey (WPC) from Underperform to Neutral, raising the price target from $73 to $83, reflecting successful portfolio simplification despite slight credit event risks.
  • EXR Upgrade: Extra Space Storage (EXR) was also upgraded to Neutral from Underperform, with the price target increased to $156, as fundamentals exceeded expectations despite macroeconomic consumer concerns, with revenue growth expected to improve into 2027.
  • KRC Upgrade: Kilroy Realty (KRC) was upgraded from Neutral to Buy, with the price target raised from $42 to $44, driven by active capital recycling and a 46% year-over-year increase in leasing volume, indicating strong external growth potential.
  • HPP and SKT Downgrades: Hudson Pacific Properties (HPP) was downgraded from Neutral to Underperform with a price target of $14, indicating poor relative returns; similarly, Tanger (SKT) was downgraded to Underperform with a maintained price target of $38 due to diminished risk/reward attractiveness.
Newsfilter
2.0
06-12Newsfilter
Tanger Earns National Recognition for Employee Culture and Investor Communications
  • Employee Culture Recognition: Tanger has been named one of America's Greatest Midsized Workplaces for 2026, a distinction based on comprehensive evaluations of employee feedback and publicly available data, which enhances employee satisfaction and bolsters the company's reputation.
  • Standard for Transparent Communication: Tanger received the Nareit Investor CARE Gold Award in the Small Cap Equity REIT category for 2026, marking the third consecutive year it has achieved this honor, indicating the company's leadership in transparency and effectiveness in investor communications, thereby strengthening investor trust.
  • Multiple Honors: In 2026, Tanger received three recognitions from Newsweek, including
seekingalpha
9.5
05-01seekingalpha
Tanger Inc. Reports Strong Q1 2026 Earnings with Increased Guidance
  • Core Earnings Growth: Tanger Inc. reported a core FFO of $0.59 per share for Q1 2026, reflecting an 11% year-over-year increase, which underscores the company's sustained momentum across its leasing, operating, and marketing platforms, thereby enhancing its full-year guidance for 2026.
  • Record Leasing Performance: The company executed 651 leases totaling 3.4 million square feet over the past 12 months, marking a record production level that positions Tanger for future revenue growth through strong rent increases.
  • Dividend Increase: Tanger announced a 7% increase in its dividend, supported by earnings growth and conservative payout ratios, demonstrating management's confidence in future cash flows and financial health.
  • Strong Liquidity Position: At the end of the quarter, Tanger Inc. reported over $1 billion in immediate liquidity, with all debt at fixed rates, providing flexibility to manage upcoming maturities and enhancing the company's financial stability.
NASDAQ.COM
2.0
05-01NASDAQ.COM
Tanger (SKT) Q1 2026 Earnings Call Transcript
seekingalpha
8.0
04-13seekingalpha
Tanger (SKT) Announces 6.8% Increase in Quarterly Dividend
  • Dividend Increase: Tanger has declared a quarterly dividend of $0.3125 per share, reflecting a 6.8% increase from the previous $0.2925, demonstrating the company's ongoing commitment to stable cash flow and shareholder returns, which enhances investor confidence.
  • Yield Performance: The forward yield of 3.43% not only attracts income-seeking investors but also potentially strengthens the company's competitive position in the Real Estate Investment Trust (REIT) market, appealing to a broader investor base.
  • Shareholder Assurance: The dividend is payable on May 15, with a record date of April 30 and an ex-dividend date also on April 30, ensuring shareholders receive timely returns and further solidifying their trust in the company.
  • Market Performance: Despite a neutral rating adjustment from BofA, Tanger has shown relative strength in recent market performance, indicating a favorable risk-reward balance that may draw increased investor interest.
Wall Street analysts forecast SKT stock price to rise
7 Analyst Rating
Wall Street analysts forecast SKT stock price to rise
3 Buy
4 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
34.00
Averages
36.86
High
40.00
Current: 0.000
sliders
Low
34.00
Averages
36.86
High
40.00
Scotiabank
Sector Perform
maintain
$37 -> $41
AI Analysis
2026-06-18
New
Reason
Scotiabank
Price Target
$37 -> $41
AI Analysis
2026-06-18
New
maintain
Sector Perform
Reason
Scotiabank raised the firm's price target on Tanger to $41 from $37 and keeps a Sector Perform rating on the shares. The firm sees real estate investment trust valuations as less attractive following the strong start to the year. Scotiabank shifted its subsector positioning to reflect its "relative valuation-versus-growth framework." The firm remains most positive on seniors housing and raised its views on self storage and net lease to Overweight from Marketweight. It lowered its subsector views on industrial and shopping centers to Marketweight from Overweight citing relative valuation.
Deutsche Bank
Omotayo Okusanya
Hold
maintain
$35 -> $40
2026-06-17
New
Reason
Deutsche Bank
Omotayo Okusanya
Price Target
$35 -> $40
2026-06-17
New
maintain
Hold
Reason
Deutsche Bank analyst Omotayo Okusanya raised the firm's price target on Tanger to $40 from $35 and keeps a Hold rating on the shares. The firm says the company's "strong fundamentals" are priced into the shares.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for SKT
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Valuation Metrics

The current forward P/E ratio for Tanger Inc (SKT.N) is 35.46, compared to its 5-year average forward P/E of 34.26. For a more detailed relative valuation and DCF analysis to assess Tanger Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
34.26
Current PE
35.46
Overvalued PE
50.34
Undervalued PE
18.17

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
15.04
Current EV/EBITDA
18.09
Overvalued EV/EBITDA
16.76
Undervalued EV/EBITDA
13.32

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
5.55
Current PS
7.24
Overvalued PS
6.68
Undervalued PS
4.42

Financials

AI Analysis
Annual
Quarterly

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Whales Holding SKT

A
Accident Compensation Corporation
Holding
SKT
+19.69%
3M Return
L
Lighthouse Investment Partners, LLC
Holding
SKT
+2.92%
3M Return

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Frequently Asked Questions

What is Tanger Inc (SKT) stock price today?

The current price of SKT is 39.13 USD — it has increased 1.16

What is Tanger Inc (SKT)'s business?

Tanger Inc. is an owner and operator of outlet and open-air retail shopping destinations, with expertise in the retail and outlet shopping industries. The Company is a fully integrated, self-administered and self-managed real estate investment trust (REIT), which focuses on developing, acquiring, owning, operating and managing outlets and other open-air retail centers. Its shopping centers and other assets are held by, and all its operations are conducted by Tanger Properties Limited Partnership and subsidiaries (Operating Partnership). Its portfolio includes approximately 38 outlet centers, and four open-air lifestyle centers includes 17 million square feet across tourist destinations and markets in Canada and 22 states in the United States. It offers over 3,000 stores operated by more than 800 different brand name companies. Its consolidated outlet centers include Tanger Outlets Deer Park, Tanger Outlets Riverhead, Tanger Outlets Foley, Tanger Outlets Rehoboth Beach, and others.

What is the price predicton of SKT Stock?

Wall Street analysts forecast SKT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SKT is36.86 USD with a low forecast of 34.00 USD and a high forecast of 40.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Tanger Inc (SKT)'s revenue for the last quarter?

Tanger Inc revenue for the last quarter amounts to 150.42M USD, increased 11.12

What is Tanger Inc (SKT)'s earnings per share (EPS) for the last quarter?

Tanger Inc. EPS for the last quarter amounts to 0.24 USD, increased 41.18

How many employees does Tanger Inc (SKT). have?

Tanger Inc (SKT) has 407 emplpoyees as of June 20 2026.

What is Tanger Inc (SKT) market cap?

Today SKT has the market capitalization of 4.50B USD.