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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

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High
36.715
Open
36.430
VWAP
36.48
Vol
567.96K
Mkt Cap
4.18B
Low
36.360
Amount
20.72M
EV/EBITDA(TTM)
32.25
Total Shares
114.88M
EV
5.84B
EV/OCF(TTM)
20.13
P/S(TTM)
7.02
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). The Company operates about 38 outlet centers, three open-air lifestyle centers comprising over 16 million square feet positioned across tourist destinations and markets in 21 United States (U.S.) states and Canada. It offers over 2,600 stores operated by more than 750 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)
2026-04-30
16:10:00
Tanger Reports Q1 Revenue of $150.4M, Beating Estimates
select
2026-04-13 (ET)
2026-04-13
08:20:00
Tanger Increases Dividend to $1.25 per Share
select
2026-03-26 (ET)
2026-03-26
08:20:00
Tanger Announces Leadership Transition in Board of Directors
select

News

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.
Newsfilter
8.5
03-27Newsfilter
Tanger Receives 2026 Leader in the Light Award for Transparency
  • Transparency Award: Tanger received the 2026 Leader in the Light Award for Transparency from Nareit, recognizing its exceptional corporate governance practices, which enhances investor confidence and strengthens its market position.
  • First-Year Achievement: Achieving this honor in its first year of participation in the prestigious awards program indicates Tanger's rapid progress in responsible business practices, potentially attracting more investor interest.
  • CEO Statement: CEO Stephen Yalof emphasized that transparency and communication are foundational to the company's culture, demonstrating its commitment to open dialogue with stakeholders, which enhances its reputation in the market.
  • Industry Recognition: Tanger also earned the Nareit Investor CARE Gold Award and was named one of America's Greatest Midsize Workplaces by Newsweek for 2026, further solidifying its standing in the industry.
seekingalpha
5.0
03-26seekingalpha
Tanger Announces Board Chair Retirement and Successor Appointment
  • Board Changes: Tanger announced the retirement of Board Chair Steven Tanger and the appointment of independent director Luis Ubiñas as his successor, indicating a strategic shift in leadership aimed at enhancing corporate governance and decision-making efficiency.
  • Honorary Title: Steven Tanger will assume the title of Chair Emeritus, continuing to provide guidance to the company during the transition period, thereby ensuring stability while leveraging his extensive experience to support the new chair's initiatives.
  • Independent Director Role: Bridget Ryan-Berman will conclude her service as lead independent director but will remain on the board, reflecting the company's commitment to the importance of independent directors in enhancing board diversity and independence.
  • Future Outlook: Tanger projects over 5% growth in core FFO per share for 2026 amid record leasing and expanded liquidity, demonstrating the company's resilience and growth potential in the market.
moomoo
5.0
03-26moomoo
TANGER INC - LUIS UBIÑAS APPOINTED AS NON-EXECUTIVE CHAIR OF THE BOARD
  • Leadership Change: Luis Subiñás is set to become the non-executive chair of the board, indicating a shift in leadership dynamics.

  • Strategic Direction: The appointment of Subiñás may signal a new strategic direction for the organization, focusing on governance and oversight.

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
BofA
Samir Khanal
Neutral
downgrade
$39 -> $38
AI Analysis
2026-05-04
Reason
BofA
Samir Khanal
Price Target
$39 -> $38
AI Analysis
2026-05-04
downgrade
Neutral
Reason
BofA analyst Samir Khanal lowered the firm's price target on Tanger to $38 from $39 and keeps a Neutral rating on the shares. The firm is updating models for Q1 results among its retail REIT coverage.
Evercore ISI
Steve Sakwa
In Line
maintain
$36 -> $37
2026-05-01
Reason
Evercore ISI
Steve Sakwa
Price Target
$36 -> $37
2026-05-01
maintain
In Line
Reason
Evercore ISI analyst Steve Sakwa raised the firm's price target on Tanger to $37 from $36 and keeps an In Line rating on 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 33.78, compared to its 5-year average forward P/E of 35.24. 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
35.24
Current PE
33.78
Overvalued PE
52.59
Undervalued PE
17.89

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
15.01
Current EV/EBITDA
17.18
Overvalued EV/EBITDA
16.69
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
5.50
Current PS
6.72
Overvalued PS
6.62
Undervalued PS
4.38

Financials

AI Analysis
Annual
Quarterly

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Whales Holding SKT

L
Lighthouse Investment Partners, LLC
Holding
SKT
+6.09%
3M Return

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Frequently Asked Questions

What is Tanger Inc (SKT) stock price today?

The current price of SKT is 36.37 USD — it has increased 0.11

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). The Company operates about 38 outlet centers, three open-air lifestyle centers comprising over 16 million square feet positioned across tourist destinations and markets in 21 United States (U.S.) states and Canada. It offers over 2,600 stores operated by more than 750 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 May 11 2026.

What is Tanger Inc (SKT) market cap?

Today SKT has the market capitalization of 4.18B USD.