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: $33.47 to $34.39
• 50-Day Range: $29.50 to $34.72
• 52-Week Range: $28.69 to $37.57
• Volume: 1.21 million shs
• Average Volume: 646,274 shs
• Market Capitalization: $3.83 billion
• P/E Ratio: 38.41
• Dividend Yield: 3.46%
• Price Target: $36.70
• Consensus Rating: Moderate Buy

Tanger Stock Analysis - MarketRank™

Tanger scored higher than 74% of companies evaluated by MarketBeat, and ranked 414th out of 958 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Tanger has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 5 buy ratings, 5 hold ratings, and no sell ratings.

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 only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 4.46%

Earnings Growth

Earnings for Tanger are expected to grow by 4.46% in the coming year, from $2.24 to $2.34 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Tanger is 38.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 281.20.

Price to Earnings Ratio vs. Sector

The P/E ratio of Tanger is 38.41, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 244.67.

Price to Earnings Growth Ratio

Tanger has a PEG Ratio of 2.20. 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 5.50. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.43% 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 5.1.

Change versus previous month

Short interest in Tanger has recently decreased by 2.07%, indicating that investor sentiment is improving.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Tanger pays a meaningful dividend of 3.43%, 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 132.95%. 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 50.00% next year. This indicates that Tanger will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.6 / 5
• Environmental Score: -3.69

Percentage of Shares Shorted

4.43% 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 5.1.

Change versus previous month

Short interest in Tanger has recently decreased by 2.07%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: 1.04

News Sentiment

Tanger has a news sentiment score of 1.04. 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 news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 16 news articles for Tanger this week, compared to 6 articles on an average week.

Search Interest

Only 3 people have searched for SKT on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Tanger insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $607,950.00 in company stock.

Percentage Held by Insiders

Only 5.70% 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.

SKT Stock Analysis - Frequently Asked Questions

How have SKT shares performed this year?

Tanger's stock was trading at $34.13 on January 1st, 2025. Since then, SKT stock has decreased by 1.0% and is now trading at $33.7990.

How were Tanger's earnings last quarter?

Tanger Inc. (NYSE:SKT) released its quarterly earnings data on Monday, August, 4th. The real estate investment trust reported $0.58 EPS for the quarter, beating analysts' consensus estimates of $0.56 by $0.02. The firm's revenue was up 9.2% on a year-over-year basis.
Read the conference call transcript.

Who are Tanger's major shareholders?

Tanger's top institutional shareholders include State Street Corp (5.86%), Geode Capital Management LLC (2.51%), Invesco Ltd. (1.80%) and GRS Advisors LLC (1.67%). Insiders that own company stock include Steven B Tanger, Gallardo Leslie Swanson, Thomas Joseph Guerrieri Jr and Thomas Reddin.
View institutional ownership trends.

How do I buy shares of Tanger?

Shares of SKT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Tanger own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Tanger investors own include AT&T (T), NVIDIA (NVDA), Meta Platforms (META), AbbVie (ABBV), Exxon Mobil (XOM), Verizon Communications (VZ) and Delta Air Lines (DAL).

Company Calendar

• Record date for 8/15 Dividend: 7/31/2025
• Ex-Dividend for 8/15 Dividend: 7/31/2025
• Last Earnings: 8/04/2025
• Dividend Payable: 8/15/2025
• Today: 9/16/2025
• Next Earnings (Estimated): 11/05/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: REIT - EQTY TRUST - RETAIL
• 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: $36.70
• High Price Target: $41.00
• Low Price Target: $33.00
• Potential Upside/Downside: +8.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 10 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.88
• Trailing P/E Ratio: 38.41
• Forward P/E Ratio: 15.09
• P/E Growth: 2.2
• Net Income: $98.60 million
• Net Margins: 18.22%
• Pretax Margin: 17.03%
• Return on Equity: 15.45%
• Return on Assets: 4.18%

Debt

• Debt-to-Equity Ratio: 2.31
• Current Ratio: 0.11
• Quick Ratio: 0.11

Sales & Book Value

• Annual Sales: $526.06 million
• Price / Sales: 7.27
• Cash Flow: $2.17 per share
• Price / Cash Flow: 15.60
• Book Value: $6.14 per share
• Price / Book: 5.50

Miscellaneous

• Outstanding Shares: 113,170,000
• Free Float: 106,723,000
• Market Cap: $3.83 billion
• Optionable: Optionable
• Beta: 1.34