Tanger (SKT) Stock Price, News & Analysis

Company Overview

Tanger Factory Outlet Centers, Inc. (NYSE: SKT) is a real estate investment trust specializing in the ownership, development and management of outlet shopping centers. The company’s portfolio comprises more than 40 outlet properties anchored by leading fashion and lifestyle brands. Tanger’s centers are designed to offer off-price retail experiences in open-air, community-oriented settings, providing value-focused shoppers with access to premium brands at reduced prices.

Founded in 1981 by Stanley K. Tanger, the company went public in 1993 and is headquartered in Greensboro, North Carolina. Over the decades, Tanger has expanded its footprint across the United States and Canada, focusing on high-traffic trade areas and diverse geographic markets. The company’s developments blend strategic site selection with creative merchandising and marketing programs to drive traffic and enhance tenant sales performance.

Tanger’s core activities include strategic acquisitions, ground-up development, property management and facility renovations. Its outlet centers feature a curated mix of apparel, accessories, home goods and lifestyle tenants, catering to both value-oriented and brand-loyal consumers. Through proactive asset management and selective redevelopment, Tanger seeks to maintain modern, attractive retail environments that support long-term tenant partnerships and sustainable growth.

Key Stats

• Today's Range: $39.99 to $41.22
• 50-Day Range: $35.48 to $42.09
• 52-Week Range: $30.62 to $42.53
• Volume: 1.42 million shs
• Average Volume: 922,595 shs
• Market Capitalization: $4.69 billion
• P/E Ratio: 38.16
• Dividend Yield: 3.06%
• Price Target: $39.70
• Consensus Rating: Hold

Tanger Stock Analysis - MarketRank™

Tanger scored higher than 36% of companies evaluated by MarketBeat, and ranked 151st out of 189 stocks in the real estate sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.1 / 5
• Analyst Rating: Hold

Consensus Rating

Tanger has received a consensus rating of Hold. The company's average rating score is 2.10, and is based on no strong buy ratings, 2 buy ratings, 7 hold ratings, and 1 sell rating.

Upside/Downside

The consensus price target for Tanger is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Tanger has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 4.44%

Earnings Growth

Earnings for Tanger are expected to grow by 4.44% in the coming year, from $2.48 to $2.59 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Tanger is 38.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 40.41.

Price to Earnings Ratio vs. Sector

The P/E ratio of Tanger is 38.16, which means that it is trading at a more expensive P/E ratio than the Real Estate sector average P/E ratio of about 36.23.

Price to Earnings Growth Ratio

Tanger has a PEG Ratio of 2.08. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Tanger has a P/B Ratio of 6.39. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.10% of the float of Tanger has been sold short.

Short Interest Ratio / Days to Cover

Tanger has a short interest ratio ("days to cover") of 6.81.

Change versus previous month

Short interest in Tanger has recently increased by 9.25%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Tanger pays a meaningful dividend of 3.07%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Tanger has only been increasing its dividend for 4 years.

Dividend Coverage

The dividend payout ratio of Tanger is 116.82%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Tanger will have a dividend payout ratio of 48.26% next year. This indicates that Tanger will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.92

News Sentiment

Tanger has a news sentiment score of 0.92. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.78 average news sentiment score of Real Estate companies.

News Coverage This Week

MarketBeat has tracked 13 news articles for Tanger this week, compared to 3 articles on an average week.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Tanger insiders have not sold or bought any company stock.

Percentage Held by Insiders

3.20% of the stock of Tanger is held by insiders.

Percentage Held by Institutions

85.23% of the stock of Tanger is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 5/15 Dividend: 4/30/2026
• Ex-Dividend for 5/15 Dividend: 4/30/2026
• Dividend Payable: 5/15/2026
• Record date for 8/14 Dividend: 7/31/2026
• Ex-Dividend for 8/14 Dividend: 7/31/2026
• Last Earnings: 8/04/2026
• Today: 8/05/2026
• Dividend Payable: 8/14/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Real Estate
• Industry: Retail REITs
• Sub-Industry: Retail REITs
• Current Symbol: NYSE:SKT
• CIK: 899715
• Web: www.tangeroutlet.com
• Phone: (336) 292-3010
• Fax: 336-852-2096
• Employees: 600
• Year Founded: 1981

Price Target and Rating

• Average Price Target for Tanger: $39.70
• High Price Target: $42.00
• Low Price Target: $35.00
• Potential Upside/Downside: -2.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.10
• Research Coverage: 10 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.07
• Trailing P/E Ratio: 38.16
• Forward P/E Ratio: 16.46
• P/E Growth: 2.08
• Net Income: $114.78 million
• Net Margins: 20.76%
• Pretax Margin: 19.16%
• Return on Equity: 17.53%
• Return on Assets: 4.68%

Debt

• Debt-to-Equity Ratio: 2.67
• Current Ratio: 3.36
• Quick Ratio: 3.36

Sales & Book Value

• Annual Sales: $581.56 million
• Price / Sales: 8.07
• Cash Flow: $2.34 per share
• Price / Cash Flow: 17.46
• Book Value: $6.39 per share
• Price / Book: 6.39

Miscellaneous

• Outstanding Shares: 114,880,000
• Free Float: 111,200,000
• Market Cap: $4.69 billion
• Optionable: Optionable
• Beta: 1.10