Symbols / SKT Stock $36.05 +0.11% Tanger Inc.

Real Estate • REIT - Retail • United States • NYQ
SKT (Stock) Chart
O: — H: — L: — C: — V: —
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Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Real Estate
Industry REIT - Retail
CEO Mr. Stephen J. Yalof
Exch · Country NYQ · United States
Market Cap 4.14B
Enterprise Value 5.92B
Income 122.96M
Sales 611.24M
FCF (ttm) 210.98M
Book/sh 6.14
Cash/sh 1.82
Employees 407
Insider 10d —
IPO May 28, 1993
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 110.38%
P/E 34.01
Forward P/E 29.25
PEG 4.14
P/S 6.78
P/B 5.87
P/C —
EV/EBITDA 17.92
EV/Sales 9.68
Quick Ratio 0.61
Current Ratio 0.85
Debt/Eq 280.55
LT Debt/Eq —
EPS (ttm) 1.06
EPS next Y 1.23
EPS Growth 42.00%
Revenue Growth 11.70%
EPS Gr Q/Q 47.20%
Rev Gr Q/Q —
Earnings (next) 2026-04-30
Earnings (prior) 2026-04-30
ROA 4.61%
ROE 18.99%
ROIC —
Gross Margin 73.23%
Oper. Margin 30.34%
Profit Margin 20.26%
Shs Outstand 114.88M
Shs Float 112.15M
Insider Own 2.43%
Instit Own 96.35%
Short Float 4.20%
Short Ratio 4.03
Short Interest 2.90M
52W High 37.95
vs 52W High -5.01%
52W Low 28.69
vs 52W Low 25.65%
Beta 1.12
Impl. Vol. 6.25%
Rel Volume 0.69
Avg Volume 860.51K
Volume 592.75K
Target (mean) $38.73
Tgt Median $39.00
Tgt Low $35.00
Tgt High $42.00
# Analysts 11
Recom Hold
Prev Close $36.01
Price $36.05
Change 0.11%
About

Tanger Inc. is a leading owner and operator of outlet and open-air retail shopping destinations, with over 45 years of expertise in the retail and outlet shopping industries. Tanger portfolio of 38 outlet centers and three open-air lifestyle centers comprises more than 16 million square feet well positioned across tourist destinations and vibrant markets in 22 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 800 different brand name companies. Tanger Inc. was incorporated in 1981 and is based in Greensboro, United States.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$38.73
Mean price target
2. Current target
$36.05
Latest analyst target
3. DCF / Fair value
$33.06
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$36.05
Low
$35.00
High
$42.00
Mean
$38.73

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-05-12 main Barclays Equal-Weight → Equal-Weight $41
2026-05-01 main Evercore ISI Group In-Line → In-Line $37
2026-03-24 main Scotiabank Sector Perform → Sector Perform $36
2026-03-06 down B of A Securities Buy → Neutral $39
2026-03-02 main Barclays Equal-Weight → Equal-Weight $38
2026-02-26 main Evercore ISI Group In-Line → In-Line $37
2026-02-26 down Compass Point Buy → Neutral $38
2026-01-14 main Scotiabank Sector Perform → Sector Perform $34
2025-11-19 down Citigroup Buy → Neutral $35
2025-11-18 main Barclays Equal-Weight → Equal-Weight $37
2025-10-17 main Evercore ISI Group In-Line → In-Line $36
2025-10-06 main Barclays Equal-Weight → Equal-Weight $35
2025-09-15 main Evercore ISI Group In-Line → In-Line $35
2025-08-27 main Barclays Equal-Weight → Equal-Weight $34
2025-07-18 init Ladenburg Thalmann — → Buy $35
2025-07-02 init Barclays — → Equal-Weight $33
2025-04-23 main Scotiabank Sector Perform → Sector Perform $33
2025-03-28 up Goldman Sachs Neutral → Buy $40
2025-01-28 init BMO Capital — → Market Perform $36
2024-12-17 init Deutsche Bank — → Hold $37
News
RSS: Latest SKT news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-20 YALOF STEPHEN Chief Executive Officer — 173,842 — —
2026-03-20 GUERRIERI THOMAS JOSEPH JR. Officer — 9,313 — —
2026-03-20 NORMAN JESSICA K Officer — 10,574 — —
2026-03-20 SWANSON GALLARDO LESLIE A Chief Operating Officer — 49,669 — —
2026-03-20 STEIN JUSTIN C Officer — 24,835 — —
2026-03-20 BILERMAN MICHAEL J Chief Financial Officer — 74,504 — —
2026-03-20 TANGER STEVEN B Director — 49,669 — —
2026-03-06 SKERRITT SUSAN E. Director — 5,060 $36.22 $183,273
2026-02-27 REDDIN THOMAS J. Director — 10,000 $37.50 $375,000
2026-02-27 GUERRIERI THOMAS JOSEPH JR. Officer — 10,432 $37.61 $392,348
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
581.56
+10.55%
526.06
+13.28%
464.41
+4.92%
442.61
Operating Revenue
560.67
+10.55%
507.16
+13.32%
447.55
+4.43%
428.58
Cost Of Revenue
176.50
+11.20%
158.73
+9.06%
145.55
+1.12%
143.94
Reconciled Cost Of Revenue
176.50
+11.20%
158.73
+9.06%
145.55
+1.12%
143.94
Gross Profit
405.06
+10.27%
367.33
+15.20%
318.86
+6.76%
298.68
Operating Expense
229.70
+5.99%
216.71
+17.13%
185.02
+0.86%
183.44
Selling General And Administration
78.72
+0.90%
78.02
+2.48%
76.13
+6.43%
71.53
General And Administrative Expense
78.72
+0.90%
78.02
+2.48%
76.13
+6.43%
71.53
Other Gand A
78.72
+0.90%
78.02
+2.48%
76.13
+6.43%
71.53
Total Expenses
406.20
+8.19%
375.44
+13.57%
330.57
+0.98%
327.37
Operating Income
175.36
+16.42%
150.62
+12.54%
133.84
+16.14%
115.24
EBITDA
336.34
+11.34%
302.09
+15.88%
260.70
+6.54%
244.70
Normalized EBITDA
340.59
+12.74%
302.09
+15.88%
260.70
+7.83%
241.77
Reconciled Depreciation
150.98
+8.86%
138.69
+27.37%
108.89
-2.69%
111.90
EBIT
185.36
+13.44%
163.40
+7.63%
151.81
+14.32%
132.80
Total Unusual Items
-4.25
0.00
0.00
-100.00%
2.93
Total Unusual Items Excluding Goodwill
-4.25
0.00
0.00
-100.00%
2.93
Special Income Charges
-4.25
0.00
0.00
-100.00%
2.93
Other Special Charges
—
—
—
0.22
Impairment Of Capital Assets
4.25
0.00
0.00
—
Write Off
—
—
0.00
0.00
Net Income
114.78
+16.41%
98.59
-0.56%
99.15
+20.82%
82.06
Pretax Income
119.50
+16.29%
102.76
-1.08%
103.88
+21.03%
85.83
Net Non Operating Interest Income Expense
-65.86
-8.61%
-60.64
-26.52%
-47.93
-2.05%
-46.97
Interest Expense Non Operating
65.86
+8.61%
60.64
+26.52%
47.93
+2.05%
46.97
Net Interest Income
-65.86
-8.61%
-60.64
-26.52%
-47.93
-2.05%
-46.97
Interest Expense
65.86
+8.61%
60.64
+26.52%
47.93
+2.05%
46.97
Other Income Expense
10.00
-21.72%
12.77
-28.92%
17.97
+2.35%
17.56
Other Non Operating Income Expenses
0.67
-54.99%
1.48
-84.75%
9.73
+61.37%
6.03
Tax Rate For Calcs
0.00
+0.00%
0.00
+0.00%
0.00
+0.00%
0.00
Tax Effect Of Unusual Items
-0.89
0.00
0.00
-100.00%
0.62
Net Income Including Noncontrolling Interests
119.50
+16.29%
102.76
-1.08%
103.88
+21.03%
85.83
Net Income From Continuing Operation Net Minority Interest
114.78
+16.41%
98.59
-0.56%
99.15
+20.82%
82.06
Net Income From Continuing And Discontinued Operation
114.78
+16.41%
98.59
-0.56%
99.15
+20.82%
82.06
Net Income Continuous Operations
119.50
+16.29%
102.76
-1.08%
103.88
+21.03%
85.83
Minority Interests
-4.72
-13.45%
-4.17
+11.96%
-4.73
-25.56%
-3.77
Normalized Income
118.13
+19.82%
98.59
-0.56%
99.15
+24.33%
79.75
Net Income Common Stockholders
113.90
+16.62%
97.67
-0.30%
97.97
+20.66%
81.19
Otherunder Preferred Stock Dividend
0.87
-5.22%
0.92
-22.43%
1.19
+36.48%
0.87
Diluted EPS
0.99
+12.50%
0.88
-4.35%
0.92
+19.48%
0.77
Basic EPS
1.01
+13.48%
0.89
-5.32%
0.94
+20.51%
0.78
Basic Average Shares
113.17
+3.58%
109.26
+4.38%
104.68
+0.96%
103.69
Diluted Average Shares
114.73
+3.28%
111.08
+4.27%
106.53
+0.85%
105.64
Diluted NI Availto Com Stockholders
113.90
+16.62%
97.67
-0.30%
97.97
+20.66%
81.19
Depreciation Amortization Depletion Income Statement
150.98
+8.86%
138.69
+27.37%
108.89
-2.69%
111.90
Depreciation And Amortization In Income Statement
150.98
+8.86%
138.69
+27.37%
108.89
-2.69%
111.90
Earnings From Equity Interest
13.58
+20.29%
11.29
+37.00%
8.24
-4.12%
8.59
Gain On Sale Of PPE
—
0.00
0.00
-100.00%
3.16
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
2,655.98
+11.54%
2,381.18
+2.46%
2,324.12
+4.80%
2,217.66
Current Assets
53.53
+13.91%
46.99
+113.94%
21.96
-91.70%
264.57
Cash Cash Equivalents And Short Term Investments
18.13
-61.41%
46.99
+113.94%
21.96
-91.70%
264.57
Cash And Cash Equivalents
18.13
-61.41%
46.99
+267.76%
12.78
-93.98%
212.12
Other Short Term Investments
—
0.00
-100.00%
9.19
-82.48%
52.45
Prepaid Assets
—
—
—
—
Restricted Cash
35.40
0.00
—
—
Total Non Current Assets
2,602.45
+11.49%
2,334.19
+1.39%
2,302.15
+17.87%
1,953.09
Net PPE
83.50
+9.72%
76.10
-1.68%
77.40
-1.57%
78.64
Gross PPE
83.50
+9.72%
76.10
-1.68%
77.40
-1.57%
78.64
Other Properties
83.50
+9.72%
76.10
-1.68%
77.40
-1.57%
78.64
Goodwill And Other Intangible Assets
15.26
+192.32%
-16.53
-115.74%
-7.66
+74.90%
-30.53
Other Intangible Assets
15.26
+192.32%
-16.53
-115.74%
-7.66
+74.90%
-30.53
Investments And Advances
64.86
-1.22%
65.67
-8.67%
71.90
-2.59%
73.81
Long Term Equity Investment
64.86
-1.22%
65.67
-8.67%
71.90
-2.59%
73.81
Non Current Deferred Assets
95.41
-6.06%
101.56
+2.66%
98.93
+11.03%
89.10
Other Non Current Assets
136.34
+7.04%
127.37
+17.27%
108.61
-2.30%
111.16
Total Liabilities Net Minority Interest
1,920.88
+12.89%
1,701.51
-1.81%
1,732.81
+1.71%
1,703.73
Current Liabilities
177.06
+64.29%
107.78
-18.04%
131.50
+25.55%
104.74
Payables And Accrued Expenses
133.06
+23.47%
107.78
-9.05%
118.50
+13.14%
104.74
Current Debt And Capital Lease Obligation
44.00
—
13.00
—
Current Debt
44.00
—
13.00
—
Total Non Current Liabilities Net Minority Interest
1,743.81
+9.42%
1,593.73
-0.47%
1,601.30
+0.14%
1,598.99
Long Term Debt And Capital Lease Obligation
1,644.39
+9.03%
1,508.26
-0.27%
1,512.28
-0.25%
1,516.02
Long Term Debt
1,552.82
+9.06%
1,423.76
-0.17%
1,426.20
-0.16%
1,428.49
Long Term Capital Lease Obligation
91.57
+8.37%
84.50
-1.83%
86.08
-1.66%
87.53
Other Non Current Liabilities
99.42
+16.32%
85.48
-3.98%
89.02
+7.30%
82.97
Stockholders Equity
706.48
+8.29%
652.37
+15.10%
566.78
+15.28%
491.64
Common Stock Equity
706.48
+8.29%
652.37
+15.10%
566.78
+15.28%
491.64
Capital Stock
1.15
+2.13%
1.13
+3.58%
1.09
+4.11%
1.04
Common Stock
1.15
+2.13%
1.13
+3.58%
1.09
+4.11%
1.04
Share Issued
115.10
+2.09%
112.74
+3.63%
108.79
+4.11%
104.50
Ordinary Shares Number
115.10
+2.09%
112.74
+3.63%
108.79
+4.11%
104.50
Additional Paid In Capital
1,262.92
+6.06%
1,190.75
+10.32%
1,079.39
+9.34%
987.19
Retained Earnings
-529.24
-3.40%
-511.82
-4.42%
-490.17
-0.95%
-485.56
Gains Losses Not Affecting Retained Earnings
-28.35
-2.39%
-27.69
-17.72%
-23.52
-113.09%
-11.04
Minority Interest
28.62
+4.82%
27.30
+11.32%
24.53
+10.04%
22.29
Other Equity Adjustments
-28.35
-2.39%
-27.69
-17.72%
-23.52
-113.09%
-11.04
Total Equity Gross Minority Interest
735.10
+8.16%
679.67
+14.94%
591.31
+15.06%
513.93
Total Capitalization
2,259.30
+8.82%
2,076.13
+4.17%
1,992.99
+3.79%
1,920.14
Working Capital
-123.54
-103.24%
-60.78
+44.51%
-109.54
-168.53%
159.83
Invested Capital
2,303.30
+10.94%
2,076.13
+3.50%
2,005.99
+4.47%
1,920.14
Total Debt
1,688.39
+11.94%
1,508.26
-1.12%
1,525.28
+0.61%
1,516.02
Net Debt
1,578.69
+14.67%
1,376.77
-3.48%
1,426.42
+17.27%
1,216.37
Capital Lease Obligations
91.57
+8.37%
84.50
-1.83%
86.08
-1.66%
87.53
Net Tangible Assets
691.22
+3.34%
668.90
+16.44%
574.45
+10.01%
522.17
Tangible Book Value
691.22
+3.34%
668.90
+16.44%
574.45
+10.01%
522.17
Investment Properties
2,207.09
+11.47%
1,980.03
+1.39%
1,952.98
+19.75%
1,630.91
Investmentsin Joint Venturesat Cost
64.86
-1.22%
65.67
-8.67%
71.90
-2.59%
73.81
Line Of Credit
44.00
0.00
-100.00%
13.00
0.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
295.37
+13.31%
260.68
+13.53%
229.61
+7.31%
213.96
Cash Flow From Continuing Operating Activities
295.37
+13.31%
260.68
+13.53%
229.61
+7.31%
213.96
Net Income From Continuing Operations
119.50
+16.29%
102.76
-1.08%
103.88
+21.03%
85.83
Depreciation Amortization Depletion
150.98
+8.86%
138.69
+27.37%
108.89
-2.69%
111.90
Depreciation And Amortization
150.98
+8.86%
138.69
+27.37%
108.89
-2.69%
111.90
Other Non Cash Items
0.31
-93.62%
4.81
-34.01%
7.29
+68.68%
4.32
Stock Based Compensation
12.73
+6.21%
11.99
-4.17%
12.51
-3.53%
12.97
Asset Impairment Charge
4.25
0.00
0.00
0.00
Operating Gains Losses
-13.58
-20.29%
-11.29
-37.00%
-8.24
+28.52%
-11.53
Change In Working Capital
7.64
+52.96%
5.00
+261.01%
-3.10
-277.31%
1.75
Change In Payables And Accrued Expense
26.93
+741.47%
3.20
+149.13%
-6.51
-541.86%
1.47
Change In Other Current Assets
-19.29
-1173.78%
1.80
-47.33%
3.41
+1135.51%
0.28
Investing Cash Flow
-263.54
-48.05%
-178.01
+56.54%
-409.56
-314.46%
-98.82
Cash Flow From Continuing Investing Activities
-263.54
-48.05%
-178.01
+56.54%
-409.56
-314.46%
-98.82
Net Investment Purchase And Sale
0.00
-100.00%
9.19
-78.76%
43.26
+182.48%
-52.45
Purchase Of Investment
0.00
0.00
+100.00%
-7.68
+85.36%
-52.45
Sale Of Investment
0.00
-100.00%
9.19
-81.97%
50.94
0.00
Net Business Purchase And Sale
0.00
0.00
+100.00%
-2.58
-724.28%
-0.31
Purchase Of Business
0.00
0.00
+100.00%
-2.58
-724.28%
-0.31
Net Other Investing Changes
-10.22
+28.96%
-14.39
-50.79%
-9.54
-239.95%
6.82
Financing Cash Flow
-25.62
+46.99%
-48.34
-150.73%
-19.28
+69.95%
-64.16
Cash Flow From Continuing Financing Activities
-25.62
+46.99%
-48.34
-150.73%
-19.28
+69.95%
-64.16
Net Issuance Payments Of Debt
52.50
+389.57%
-18.13
-320.37%
8.23
-74.38%
32.12
Issuance Of Debt
339.00
+29.39%
262.00
+215.66%
83.00
+127.05%
36.56
Repayment Of Debt
-286.50
-2.27%
-280.13
-274.64%
-74.77
-1584.08%
-4.44
Long Term Debt Issuance
339.00
+29.39%
262.00
+215.66%
83.00
+127.05%
36.56
Long Term Debt Payments
-286.50
-2.27%
-280.13
-274.64%
-74.77
-1584.08%
-4.44
Net Long Term Debt Issuance
52.50
+389.57%
-18.13
-320.37%
8.23
-74.38%
32.12
Short Term Debt Issuance
—
—
83.00
0.00
Short Term Debt Payments
—
—
-70.00
0.00
Net Short Term Debt Issuance
—
—
13.00
0.00
Net Common Stock Issuance
68.89
-39.47%
113.80
+28.68%
88.44
0.00
Common Stock Payments
—
—
—
—
Common Stock Dividend Paid
-132.20
-9.95%
-120.24
-15.88%
-103.77
-23.22%
-84.21
Cash Dividends Paid
-132.20
-9.95%
-120.24
-15.88%
-103.77
-23.22%
-84.21
Repurchase Of Capital Stock
—
—
—
—
Proceeds From Stock Option Exercised
0.43
-66.95%
1.31
+6.23%
1.24
+1304.55%
0.09
Net Other Financing Charges
-15.24
+39.24%
-25.08
-86.93%
-13.42
-10.38%
-12.16
Changes In Cash
6.21
-81.91%
34.34
+117.23%
-199.23
-490.80%
50.98
Effect Of Exchange Rate Changes
0.33
+367.21%
-0.12
-6.09%
-0.12
-3.60%
-0.11
Beginning Cash Position
46.99
+267.76%
12.78
-93.98%
212.12
+31.55%
161.25
End Cash Position
53.53
+13.91%
46.99
+267.76%
12.78
-93.98%
212.12
Free Cash Flow
295.37
+13.31%
260.68
+13.53%
229.61
+7.31%
213.96
Common Stock Issuance
68.89
-39.47%
113.80
+28.68%
88.44
0.00
Dividend Received CFO
13.54
+55.28%
8.72
+4.09%
8.38
-3.83%
8.71
Dividends Received CFI
3.23
-14.37%
3.77
-47.58%
7.18
-40.32%
12.04
Earnings Losses From Equity Investments
-13.58
-20.29%
-11.29
-37.00%
-8.24
+4.12%
-8.59
Issuance Of Capital Stock
68.89
-39.47%
113.80
+28.68%
88.44
0.00
Net Investment Properties Purchase And Sale
-256.54
-45.29%
-176.57
+60.58%
-447.88
-590.01%
-64.91
Purchase Of Investment Properties
-273.17
-54.71%
-176.57
+60.58%
-447.88
-479.34%
-77.31
Sale Of Investment Properties
16.63
0.00
0.00
-100.00%
12.40
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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