Tanger (SKT) Stock Price, News & Analysis

Company Overview

Tanger Inc. (NYSE:SKT) is a real estate investment trust that owns, operates and develops open-air shopping centers, primarily outlet centers, in the United States and Canada. Its properties provide retail space for a broad range of brand-name and designer retailers, including apparel, footwear, accessories, home goods and specialty products.

The company generates revenue primarily by leasing retail space to tenants and providing related property-management services. Tanger’s shopping centers are generally located near major highways, tourist destinations and metropolitan areas, where they serve both local shoppers and visiting consumers.

Founded by Stanley Tanger, the company opened its first outlet center in Burlington, North Carolina, in 1981. Tanger became a publicly traded company in 1993 and has since expanded its portfolio across multiple U.S. regions and into Canada. The company is led by Chief Executive Officer Stephen Yalof.

Key Stats

• Today's Range: $36.83 to $37.86
• 50-Day Range: $34.25 to $38.91
• 52-Week Range: $31.13 to $42.53
• Volume: 947,298 shs
• Average Volume: 1.00 million shs
• Market Capitalization: $4.34 billion
• P/E Ratio: 34.33
• Dividend Yield: 3.31%
• Price Target: $40.17
• Consensus Rating: Hold

Tanger Stock Analysis - MarketRank™

Tanger scored higher than 53% of companies evaluated by MarketBeat, and ranked 136th out of 190 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: 2.4 / 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 only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 4.40%

Earnings Growth

Earnings for Tanger are expected to grow by 4.40% in the coming year, from $2.50 to $2.61 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Tanger is 14.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.62.

Price to Earnings Ratio vs. Sector

The P/E ratio of Tanger is 14.70, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 21.16.

Price to Earnings Growth Ratio

Tanger has a PEG Ratio of 2.26. 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 5.91. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

6.59% 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 7.14.

Change versus previous month

Short interest in Tanger has recently decreased by 2.55%, indicating that investor sentiment is improving.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Tanger pays a meaningful dividend of 3.46%, 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 113.64%. 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 47.89% next year. This indicates that Tanger will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.75

News Sentiment

Tanger has a news sentiment score of 0.75. 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 0.58 average news sentiment score of Real Estate companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Tanger this week, compared to 2 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 8/14 Dividend: 7/31/2026
• Ex-Dividend for 8/14 Dividend: 7/31/2026
• Last Earnings: 8/04/2026
• Dividend Payable: 8/14/2026
• Record date for 11/13 Dividend: 10/30/2026
• Ex-Dividend for 11/13 Dividend: 10/30/2026
• Today: 11/02/2026
• Next Earnings (Estimated): 11/04/2026
• Dividend Payable: 11/13/2026
• 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.tanger.com
• Phone: (336) 292-3010
• Fax: 336-852-2096
• Employees: 477
• Year Founded: 1981

Price Target and Rating

• Average Price Target for Tanger: $40.17
• High Price Target: $42.00
• Low Price Target: $38.00
• Potential Upside/Downside: +6.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.10
• Research Coverage: 10 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.10
• Trailing P/E Ratio: 34.33
• Forward P/E Ratio: 14.47
• P/E Growth: 2.26
• Net Income: $114.78 million
• Net Margins: 20.74%
• Pretax Margin: 19.07%
• Return on Equity: 17.72%
• Return on Assets: 4.62%

Debt

• Debt-to-Equity Ratio: 2.65
• Current Ratio: 2.12
• Quick Ratio: 2.12

Sales & Book Value

• Annual Sales: $581.56 million
• Price / Sales: 7.46
• Cash Flow: $2.44 per share
• Price / Cash Flow: 15.50
• Book Value: $6.39 per share
• Price / Book: 5.91

Miscellaneous

• Outstanding Shares: 114,880,000
• Free Float: 111,203,000
• Market Cap: $4.34 billion
• Optionable: Optionable
• Beta: 1.12