Tanger Inc. SKT

34.73 (0.28) (0.80%) as of 25 Sep
Market cap
$4.0B
P/E
31.3×
Growth Flags show if company had growth for consecutive years

Insider Decisions

Total sells 1.47
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — 2 1 — 1 — — — —
Insider Ownership 2.11%

Capital & Financial Ratios

Market Cap 4,020.00
Revenue 612.31
Net Income 132.19
Free Cash Flow 114.82
Net Debt 1,633.08
Current Ratio 2.12
Debt/Equity 2.65
P/E ratio 31.29
P/S ratio 6.49
P/B ratio 5.67
Past 5Y EPS Growth (1.16%)
This Y EPS Growth 3.08%
Next Y EPS Growth 9.37%
Next 5Y EPS Growth 2.82%
in millions of $

Dividends

Payout Ratio 1.05
Annual Dividend Rate 0.98
Annual Dividend Yield 3.66%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 1.23
0.29
0.31
0.31
2025 1.15
0.28
0.29
0.29
0.29
2024 1.09
0.26
0.28
0.28
0.28
2023 0.97
0.22
0.25
0.25
0.26
2022 0.80
0.18
0.20
0.20
0.22
2021 0.72
0.18
0.18
0.18
0.18
2020 0.71
0.36
0.36
2019 1.42
0.35
0.36
0.36
0.36
2018 1.39
0.34
0.35
0.35
0.35
2017 1.35
0.33
0.34
0.34
0.34
2016 1.26
0.29
0.33
0.33
0.33
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 22 47 54 228
Receivables — — — —
Inventory — — — —
Other — — — —
22 47 54 228
2023 2024 2025 Q'26
Payables 119 108 133 108
ST’ Debt — — — —
Other — — — —
119 108 133 108
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 2.84% 8.32% 9.53%
Cash Flow 2.95% 12.39% 11.35%
Earnings (5.81%) 0.00% 11.83%
Book Value 1.95% 15.42% 12.67%

Revenue

Mar Jun Sep Dec Year
’26 150 156 — — —
’25 135 141 145 160 582
’24 123 129 133 141 526
’23 109 111 117 127 464
’22 109 106 111 116 443
’21 101 101 112 112 427
’20 112 64 103 111 390
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 36 93 — — —
’25 41 82 74 98 295
’24 31 73 65 92 261
’23 26 73 53 77 230
’22 19 70 34 91 214
’21 31 60 52 74 218
’20 27 (13) 78 73 165
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 14 11 — — —
’25 (134) 77 35 55 33
’24 4 45 40 (12) 77
’23 (1) 26 0 (254) (229)
’22 11 63 12 70 156
’21 32 55 40 51 177
’20 16 (19) 78 67 142
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 0.24 0.29 — — —
’25 0.17 0.26 0.28 0.29 0.99
’24 0.20 0.22 0.22 0.23 0.88
’23 0.21 0.23 0.26 0.22 0.92
’22 0.19 0.19 0.22 0.17 0.77
’21 0.04 0.02 (0.11) 0.12 0.08
’20 (0.30) (0.25) 0.14 0.00 (0.40)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

2.7
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
29.46 21.81 19.84 13.61 4.05 9.62 13.26 17.22 25.67 28.69

Analyst estimates 2026–2028

Powerpack
Low Price
42.20 37.34 26.65 23.14 16.93 22.51 20.29 28.77 37.57 36.76
High Price
659 640 643 636 527 573 603 407 425 477
Employees
1 1 1 1 1 1 1 1 1 1
Revenue/Emp
466 488 495 478 390 427 443 464 526 582
Revenue
67.37% 68.20% 67.56% 67.03% 64.84% 67.00% 67.48% 68.66% 69.83% 69.65%
Gross Margin
193 70 45 85 (39) 1 77 96 91 106
EBT
41.53% 14.32% 9.02% 17.75% (10.04%) 0.15% 17.45% 20.59% 17.39% 18.21%
EBT Margin
204 72 46 93 (38) 10 86 104 103 120
Net Income
123 134 138 128 124 115 117 113 143 155
Depreciation
4.90 5.17 5.30 5.15 4.00 4.05 4.08 4.44 4.81 5.14
Revenue/Sh
2.02 0.71 0.45 0.93 (0.40) 0.08 0.78 0.94 0.89 1.01
Earnings/Sh
2.52 2.68 2.77 2.38 1.69 2.07 1.97 2.19 2.39 2.61
Cash Flow/Sh
(1.50) (1.44) (0.70) 0.86 (0.23) (0.38) (0.53) (4.38) (1.69) (2.32)
Capex/Sh
1.01 1.24 2.07 3.23 1.46 1.69 1.44 (2.19) 0.70 0.29
Free CF/Sh
7.42 6.48 5.42 4.91 3.68 4.75 4.74 5.65 6.22 6.50
Book Value/Sh
95 95 93 93 98 105 108 105 109 113
Shares
17.94 37.53 44.93 15.84 0.00 241.00 22.71 30.34 37.92 33.04
PE Ratio
7.36 5.09 3.81 2.86 2.49 4.76 4.34 6.29 7.09 6.49
PS Ratio
4.86 4.05 3.73 3.00 2.71 4.06 3.74 4.94 5.49 5.14
PB Ratio
10.96 8.68 7.26 6.10 6.29 7.65 6.97 9.34 9.71 9.15
EV/Sales
52.91 36.17 18.63 9.74 17.29 18.39 19.74 (18.94) 66.74 161.34
EV/FCF
239 253 258 220 165 218 214 230 261 295
Op' Cash Flow
(143) (136) (66) 79 (23) (40) (58) (459) (184) (262)
Capex
96 117 193 300 142 177 156 (229) 77 33
FCF
(66) (84) (74) (63) (3) 68 160 (97) (61) (80)
Working Cap'
1,688 1,764 1,713 1,570 1,568 1,397 1,428 1,439 1,424 1,597
Total Debt
1,676 1,758 1,704 1,553 1,483 1,236 1,164 1,417 1,377 1,543
Net Debt
705 612 506 456 359 500 514 591 680 735
Sh' Equity
7.92% 2.64% 1.77% 3.76% (1.62%) 0.42% 3.75% 4.37% 4.19% 4.56%
ROA
3.97% 4.24% 3.07% 3.29% 0.70% 3.71% 4.29% 4.16% 4.58% 4.69%
ROIC
29.25% 10.14% 7.81% 18.27% (8.90%) 2.12% 16.19% 17.94% 15.51% 16.23%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Tanger Inc. (SKT) key facts

  • Tanger Inc. (SKT) is a Reit Retail company in the Real Estate sector, listed on the New York Stock Exchange.
  • Tanger Inc.’s revenue for fiscal 2025 (year ended December 2025) was $581.6 million, up 10.5% from fiscal 2024.
  • Net income was $119.5 million, or $1.01 per share (basic), a net margin of 19.7%.
  • As of September 25, 2026, SKT traded at $34.73, a market capitalization of $4.0 billion.
  • At that price the stock trades at 31.3× trailing-twelve-month earnings and 6.5× sales.
  • Tanger Inc. pays an annual dividend of $0.98 per share, a yield of 3.66%, with a payout ratio of 105.4%.
  • Return on equity was 16.2% and debt-to-equity 2.65.

Source: company filings (standardised) and stockrow calculations.

Tanger Inc. (SKT) Latest News

News by impact score

Fine-tune

25 Sep

3

Tanger Inc. (SKT), Greensboro-based in the Finance sector, posts a 4.91% YTD stock move with a $0.31 quarterly dividend (3.57% yield). The annualized dividend is $1.25, up 8.4% year over year, and the dividend has been increased four times in the last five years for an average 14.37% annual rise. The current payout ratio is 51%. For 2026, Zacks Consensus expects $2.49 in EPS, up 6.87% from the prior year. Industry yields are higher (REIT and Equity Trust - Retail at 4.29%), and the S&P 500 yields 1.43%. While rising rates can pressure high-yield stocks, SKT is portrayed as an attractive dividend play with a Zacks Rank of #2 (Buy). Dividend stability and positive earnings outlook may moderately influence investor sentiment without signaling a fundamental turn.

28 Aug

3 transcript

Sky Network Television Ltd reported FY 2026 revenue growth of 9% during its earnings call. 9% revenue growth indicates improved financial results likely to support near-term stock sentiment.

25 Aug

3

Retail CEO forecasts record back-to-school shopping season ahead, likely increasing consumer traffic and sales at outlet centers including those operated by Tanger Inc. (SKT). Optimistic retail season outlook may lift short-term tenant performance and foot traffic at Tanger properties without altering long-term strategy.

11 Aug

3 transcript

Tanger Inc. (SKT) held its Q2 2026 earnings call covering quarterly financial results, operational updates and forward guidance. Quarterly earnings releases and guidance directly shape near-term stock valuation and investor positioning.

9 Aug

4

Tanger Inc. raised guidance, raising questions on whether SKT stock remains below fair value. Guidance increase at Tanger signals stronger outlook that can significantly shift investor views and company path.

3

Tanger (SKT) stock receives higher fair value estimate as analysts raise price targets following Q2 results. Analyst target lifts after quarterly results create moderate short-term positive stock momentum without shifting long-term fundamentals.

3

Tanger Inc. (SKT) released Q2 earnings call highlights covering financial results, operational performance, and forward outlook. Q2 earnings highlights can influence near-term stock sentiment and valuation but rarely shift long-term company trajectory.

6 Aug

4

Tanger Inc. raised its outlook citing gains from travel and back-to-school shopping. Raised outlook signals stronger performance ahead likely to lift investor sentiment and stock trajectory.

5 Aug

4

Tanger Inc (SKT) posted strong FFO growth in Q2 2026 and raised its full-year guidance. Raised guidance after strong FFO growth signals improved financial outlook and positive trajectory for Tanger Inc.

4

Tanger Inc. reported higher earnings and raised its dividend as open-air retail momentum builds. Higher earnings and dividend raise signal strong performance likely to boost investor confidence and stock price.

3 transcript

Tanger Inc. conducted its Q2 2026 earnings call, covering quarterly financial results, operational updates, and forward-looking guidance for the retail real estate company. Quarterly earnings calls deliver financial metrics and outlook that can shift near-term investor sentiment and valuation for Tanger Inc.

26 Jun

3

Tanger Inc. CEO states consumer traffic and demand have strengthened since start of 2026. CEO statement on rising demand supports modestly improved retail REIT performance outlook.

16 Jun

3

Redevelopment projects and shifting demand patterns are reshaping MAC sector growth trends with direct effects on Tanger Inc. (SKT) performance outlook. Redevelopment and demand shifts point to moderate influence on Tanger operations and positioning without indicating transformative change.

3

Tanger Inc. leasing pipeline drives future NOI growth as MAC stock faces key test. Leasing pipeline points to moderate NOI gains likely to influence Tanger operations and sentiment without major trajectory shift.

1 Jun

4

Tanger Inc. acquires Levis Commons Lifestyle Center, a move that may alter its bull case and affect future market performance. Acquisition marks a major strategic expansion that could shift Tanger's trajectory and investor sentiment.

28 May

3

Tanger Inc. acquires The Town Center at Levis Commons in Toledo, Ohio. Single property acquisition expands portfolio with moderate revenue upside.

4 May

4

Tanger Inc. (SKT) reports strong leasing momentum and a dividend adjustment, signaling an evolving cash flow profile amid operational improvements. Robust leasing and dividend changes demonstrate enhanced cash flows, significantly influencing SKT's financial trajectory and investor appeal.

2 May

4

Tanger Inc. (SKT) Q1 earnings call highlights strong NOI growth, FFO per share beat, raised full-year guidance, robust leasing activity, and positive outlet center performance amid retail recovery. Q1 results exceeded expectations with raised guidance signaling strong operational momentum and positive market outlook for SKT.

4

Tanger Inc. (SKT) Q1 2026 earnings call highlights strong growth in core FFO and occupancy rates. Strong growth in core FFO and occupancy rates signals significant positive financial performance and operational strength for Tanger Inc.

1 May

4

Tanger Inc. (SKT) Q1 net income climbed due to record leasing percentages amid surging demand. Record leasing and rising demand drove Q1 net income growth, signaling strong operational momentum and positive market outlook.

4

Tanger Inc. (SKT) Q1 2026 earnings call summary covers financial results, operational updates, and forward guidance for the outlet mall REIT. Q1 earnings summaries provide critical financial metrics and outlook that significantly sway investor sentiment and stock trajectory.

30 Apr

3

Tanger Inc. (SKT) reported Q1 funds from operations (FFO) and revenues exceeding analyst estimates. Q1 FFO and revenue beats signal strong quarterly financial performance with moderately positive influence on market sentiment.

13 Apr

3

Tanger Inc. (SKT) raised its dividend, prompting speculation that it signals a new capital allocation priority favoring its outlet mall portfolio over other uses like share repurchases or growth investments. Dividend increase hints at strategic shift in capital priorities for outlet assets, likely influencing financial performance and investor sentiment moderately.

3

Tanger Inc. (SKT) increases its dividend by 7%. A 7% dividend increase signals financial confidence and positively influences investor sentiment and stock performance.

26 Mar

3

Tanger Inc. (SKT) offers strong buy opportunity for growth investors now, driven by robust fundamentals, expanding outlet portfolio, solid occupancy rates, and promising development pipeline amid favorable retail sector trends. Bullish outlook emphasizes growth metrics and strategic expansions likely to moderately enhance financial performance and investor interest.

10 Mar

3

Tanger Inc. (SKT) investment story shifts as valuation aligns with converging analyst views. Converging valuations and analyst views moderately influence SKT's investment narrative and market sentiment.

28 Feb

4

Tanger Inc. (SKT) Q4 earnings call highlights strong occupancy rates, FFO growth, dividend increase, and optimistic 2024 guidance amid retail recovery. Q4 earnings highlights detail financial beats, raised guidance, and strategic expansions significantly boosting investor confidence and stock performance outlook.

27 Feb

3

Tanger Inc. (SKT) reports strong leasing activity amid a new shelf registration filing, raising questions on shifts to its investment case as occupancy and expansion potential improve. Leasing strength bolsters revenue stability and occupancy, while shelf registration enables flexible capital access, creating moderate positive influence on financial performance and investor sentiment.

25 Feb

4

Tanger Inc. (SKT) reported record leasing volume and strong financial performance in Q4 2025 earnings call highlights. Record leasing volume and strong financials represent significant positive operational achievements poised to enhance future performance and investor confidence.

3

Tanger Inc. (SKT) reported solid Q4 and full-year results. Solid Q4 and year-end results positively affect Tanger Inc.'s financial performance with moderately noticeable market influence.

stockrow.com/SKT · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com