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SKT logo

Tanger NYSE:SKT Stock Report

Last Price

US$31.64

Market Cap

US$3.6b

7D

8.0%

1Y

13.7%

Updated

12 May, 2025

Data

Company Financials +

Tanger Inc.

NYSE:SKT Stock Report

Market Cap: US$3.6b

SKT Stock Overview

Tanger Inc. (NYSE: SKT) is a leading owner and operator of outlet and open-air retail shopping destinations, with over 44 years of expertise in the retail and outlet shopping industries. More details

SKT fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance2/6
Financial Health2/6
Dividends4/6

Rewards

Trading at 20.7% below our estimate of its fair value

Earnings are forecast to grow 7.28% per year

Risk Analysis

Interest payments are not well covered by earnings

Unstable dividend track record

Significant insider selling over the past 3 months


Community vs My Fair Value

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SKT logo
Tanger
AN
AnalystConsensusTarget
Consensus Narrative from 9 Analysts

High Demand Brands And Acquisitions Will Drive Future Traffic

Key Takeaways Strategic brand additions and category expansion are boosting foot traffic and sales, promising revenue and NOI growth. Acquisitions and digital optimization are enhancing traffic and sales, aiming to improve future earnings and net margins.
View narrative
US$37.44
FV
15.5% undervalued intrinsic discount
2.59%
Revenue growth p.a.
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1users have followed this narrative
5 days ago author updated this narrative
View Tanger Community

Tanger Inc. Competitors

Acadia Realty Trust

NYSE:AKR

US$2.7b

Phillips Edison

NasdaqGS:PECO

US$4.9b

InvenTrust Properties

NYSE:IVT

US$2.2b

Urban Edge Properties

NYSE:UE

US$2.4b

Price History & Performance

Summary of share price highs, lows and changes for Tanger
Historical stock prices
Current Share PriceUS$31.64
52 Week HighUS$37.57
52 Week LowUS$25.94
Beta1.18
1 Month Change2.20%
3 Month Change-4.78%
1 Year Change13.73%
3 Year Change75.97%
5 Year Change411.15%
Change since IPO406.24%

Recent News & Updates

Tanger: Irresistible Value On The Dip

Apr 12

Recent updates

Tanger: Irresistible Value On The Dip

Apr 12

Tanger: Resilient Retail Real Estate Play

Mar 26

Tanger Factory: Time For Bottom Fishing

Jan 20

Tanger: A Fair Price For A Great Business

Nov 30

Tanger Factory: 3.5% Yield, Margin Of Safety, Moderate FFO Multiple

Sep 12
author-image

A Strategy For Growth And Community Engagement

Sep 04 Elevating retail mix and community experiences attract a wider consumer base, positively impacting revenue growth through increased engagement.

Tanger: Building Wealth With Consistent Returns And Growth

Aug 29

Tanger: 4% Yield, Re-Tenanting Upside, Low FFO Multiple

Jun 15

Tanger Factory Outlets: Still Growing While Beating 2020 Expectations

Apr 16

Tanger: Sustained Growth With Desirable Locations

Mar 27

Tanger: A Well-Covered 4% Dividend Plus Growth Potential

Jan 16

After Fantastic Upside, Tanger Is No Longer On Sale (Rating Downgrade)

Nov 20

Tanger Factory: A Quality 'Buy' At The Right Price

Sep 26

Tanger Factory Outlet: Flush With Cash, 4.2% Dividend Yield, A Buy?

Jul 19

Shareholder Returns

SKTUS Retail REITsUS Market
7D8.0%0.08%0.3%
1Y13.7%6.3%8.0%

Return vs Industry: SKT exceeded the US Retail REITs industry which returned 6.3% over the past year.

Return vs Market: SKT exceeded the US Market which returned 8% over the past year.

Price Volatility

Is SKT's price volatile compared to industry and market?
SKT volatility
SKT Average Weekly Movement5.6%
Retail REITs Industry Average Movement4.1%
Market Average Movement8.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market4.2%

Stable Share Price: SKT has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: SKT's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1981399Steve Yalofwww.tangeroutlets.com

Tanger Inc. (NYSE: SKT) is a leading owner and operator of outlet and open-air retail shopping destinations, with over 44 years of expertise in the retail and outlet shopping industries. Tanger’s portfolio of 38 outlet centers, one adjacent managed center, and three open-air lifestyle centers includes over 16 million square feet well positioned across tourist destinations and vibrant markets in 21 U.S. states and Canada. A publicly traded REIT since 1993, Tanger continues to innovate the retail experience for its shoppers with over 3,000 stores operated by more than 700 different brand name companies.

Tanger Inc. Fundamentals Summary

How do Tanger's earnings and revenue compare to its market cap?
SKT fundamental statistics
Market capUS$3.56b
Earnings (TTM)US$94.49m
Revenue (TTM)US$549.23m

37.9x

P/E Ratio

6.5x

P/S Ratio

Is SKT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SKT income statement (TTM)
RevenueUS$549.23m
Cost of RevenueUS$145.81m
Gross ProfitUS$403.42m
Other ExpensesUS$308.93m
EarningsUS$94.49m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.83
Gross Margin73.45%
Net Profit Margin17.20%
Debt/Equity Ratio237.1%

How did SKT perform over the long term?

See historical performance and comparison

Dividends

3.7%

Current Dividend Yield

49%

Payout Ratio

Does SKT pay a reliable dividends?

See SKT dividend history and benchmarks
When do you need to buy SKT by to receive an upcoming dividend?
Tanger dividend dates
Ex Dividend DateApr 30 2025
Dividend Pay DateMay 15 2025
Days until Ex dividend13 days
Days until Dividend pay date2 days

Does SKT pay a reliable dividends?

See SKT dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/12 03:02
End of Day Share Price 2025/05/12 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Tanger Inc. is covered by 21 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Juan SanabriaBMO Capital Markets Equity Research
Floris Gerbrand van DijkumBoenning & Scattergood, Inc.
Jeffrey SpectorBofA Global Research