Tanger Inc. (SKT)

Market Cap	3.86B
Revenue (ttm)	537.35M
Net Income (ttm)	97.68M
Shares Out	117.41M
EPS (ttm)	0.88
PE Ratio	37.34
Forward PE	35.46
Dividend	$1.10 (3.35%)
Ex-Dividend Date	Jan 31, 2025

Volume	639,667
Open	33.23
Previous Close	33.41
Day's Range	32.72 - 33.32
52-Week Range	25.94 - 37.57
Beta	1.82
Analysts	Buy
Price Target	35.11 (+6.82%)
Earnings Date	Apr 30, 2025

About SKT

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...

• Industry: REIT - Retail
• Sector: Real Estate
• IPO Date: May 27, 1993
• Employees: 425
• Stock Exchange: NYSE
• Ticker Symbol: SKT
• Website: https://www.tangeroutlets.com

Financial Performance

In 2024, Tanger's revenue was $537.35 million, an increase of 13.69% compared to the previous year's $472.65 million. Earnings were $97.68 million, a decrease of -0.30%.

Analyst Forecast

According to 9 analysts, the average rating for SKT stock is "Buy." The 12-month stock price forecast is $35.11, which is an increase of 6.82% from the latest price.

Price Target

$35.11

(6.82% upside)

Analyst Consensus: Buy