Tanger Inc. (SKT)
| Market Cap | 3.73B |
| Revenue (ttm) | 549.23M |
| Net Income (ttm) | 94.49M |
| Shares Out | 117.84M |
| EPS (ttm) | 0.85 |
| PE Ratio | 37.32 |
| Forward PE | 34.35 |
| Dividend | $1.17 (3.69%) |
| Ex-Dividend Date | Apr 30, 2025 |
| Volume | 621,917 |
| Open | 31.46 |
| Previous Close | 31.37 |
| Day's Range | 31.31 - 31.83 |
| 52-Week Range | 25.96 - 37.57 |
| Beta | 1.17 |
| Analysts | Buy |
| Price Target | 36.56 (+15.4%) |
| Earnings Date | Aug 4, 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 37 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... [Read more]
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%.
Financial StatementsAnalyst Summary
According to 9 analysts, the average rating for SKT stock is "Buy." The 12-month stock price target is $36.56, which is an increase of 15.40% from the latest price.
News
Tanger: Catch This Bargain Before Summer Shopping Heats Up
SKT's price pullback creates an attractive buying opportunity, with a forward P/FFO of 13.4 and a 3.9% dividend yield. The company has strong fundamentals, including 10 consecutive quarters of double-...
Tanger Schedules Second Quarter 2025 Earnings Release and Conference Call
GREENSBORO, N.C.--(BUSINESS WIRE)--Tanger® (NYSE: SKT), a leading owner and operator of outlet and open-air retail shopping destinations, announced today that its financial results for the quarter end...
Stocks jump, wage growth rises more than expected, Rent the Runway CEO and Tanger CEO talk retail
Wealth anchor Brad Smith breaks down the latest tools to help you grow your money on June 6, 2025. Stocks jump following the May jobs report.
Tanger Releases 2024 Impact Report
GREENSBORO, N.C.--(BUSINESS WIRE)---- $SKT #tangerproud--Tanger® (NYSE: SKT), a leading owner and operator of outlet and open-air retail shopping destinations, has released its 2024 Impact Report for ...
Final Trade: NKE, ANF, DELL, SKT
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Tanger CEO: Saw traffic increase after tariffs were announced
Stephen Yalof, Tanger CEO, joins 'Fast Money' to talk the state of the consumer, impact of tariffs, new tenants in its mall.
Tanger to Present at Nareit's REITweek 2025 Investor Conference
GREENSBORO, N.C.--(BUSINESS WIRE)--Tanger® (NYSE: SKT), a leading owner and operator of outlet and open-air retail shopping destinations, announced today that it will participate in Nareit's REITweek ...
The State Of REITs: May 2025 Edition
The REIT sector saw another month of red in April (-6.45%) and REITs now average a -9.10% return over the first 4 months of the year. Microcap (-8.87%) and small-cap REITs (-8.69%) endured bigger aver...
5 U.S. REITs Announce Dividend Increases In April
Five publicly traded real estate investment trusts in the US announced increases to their regular dividend payments in April, according to S&P Global Market Intelligence data. The total number of publ...
REIT Replay: REIT Share Prices Rise With Broader Market In Week Ended May 2
The Dow Jones Equity All REIT index closed the recent week up 3.31%, compared with a 2.92% increase for the S&P 500 and a 3.00% gain for the Dow Jones Industrial Average. The self-storage REIT index j...
Tanger Inc. (SKT) Q1 2025 Earnings Call Transcript
Tanger Inc. (NYSE:SKT) Q1 2025 Earnings Conference Call May 1, 2025 8:30 AM ET Corporate Participants Ashley Curtis - Assistant Vice President, Investor Relations Stephen Yalof - President and Chief ...
Tanger Reports First Quarter 2025 Results
GREENSBORO, N.C.--(BUSINESS WIRE)--Tanger® (NYSE:SKT), a leading owner and operator of outlet and open-air retail shopping destinations, today reported financial results and operating metrics for the ...
Tanger: Irresistible Value On The Dip
Tanger Inc. is a compelling buy due to its diversified real estate portfolio, long-term leases, and potential for rental rate increases. The REIT's strong net operating income growth and low dividend ...
Tanger Declares Increased Dividend
GREENSBORO, N.C.--(BUSINESS WIRE)--Tanger® (NYSE: SKT), a leading owner and operator of outlet and open-air retail shopping destinations, announced today that its Board of Directors approved a 6.4% in...
Tanger: Resilient Retail Real Estate Play
Tanger's shares have surged, nearing 2010s highs, driven by conservative leverage, inflation benefits, and resilient outdoor real estate amid physical shopping pressures. Despite impressive 98% occupa...
Tanger Schedules First Quarter 2025 Earnings Release and Conference Call
GREENSBORO, N.C.--(BUSINESS WIRE)--Tanger® (NYSE: SKT), a leading owner and operator of outlet and open-air retail shopping destinations, announced today that its financial results for the quarter end...
Tanger Inc. (SKT) CEO Stephen Yalof Presents at Citi's 30th Annual Global Property CEO Conference (Transcript)
Tanger Inc. (NYSE:SKT) Citi's 30th Annual Global Property CEO Conference March 3, 2025 6:00 AM ET Company Participants Stephen Yalof - President and Chief Executive Officer Michael Bilerman - Executi...
Tanger to Present at Citi's 30th Annual Global Property CEO Conference
GREENSBORO, N.C.--(BUSINESS WIRE)--Tanger® (NYSE: SKT), a leading owner and operator of outlet and open-air retail shopping destinations, announced today that it will participate in Citi's 2025 Global...
Tanger Inc. (SKT) Q4 2024 Earnings Call Transcript
Tanger Inc. (NYSE:SKT) Q4 2024 Earnings Call February 20, 2025 8:30 AM ET Company Participants Ashley Curtis - Assistant VP of IR Stephen Yalof - President and CEO Michael Bilerman - EVP, CFO, and CI...
Tanger Reports Fourth Quarter and Full Year 2024 Results and Introduces 2025 Guidance
GREENSBORO, N.C.--(BUSINESS WIRE)--Tanger® (NYSE:SKT), a leading owner and operator of outlet and open-air retail shopping destinations, today reported financial results and operating metrics for the ...
The Biggest Mistakes REIT Investors Make
Avoid get-rich-quick schemes and conduct thorough research on real estate investments, especially when influenced by social media gurus. Emphasize risk management and understand the dangers of over-le...
Tanger Acquires Market-Dominant Retail and Mixed-Use District in Cleveland, Ohio
GREENSBORO, N.C.--(BUSINESS WIRE)---- $SKT #REIT--Tanger has acquired Pinecrest, a 640,000-square-foot open-air, grocery-anchored, mixed-use center in Cleveland, Ohio.
Tanger Inc. 2024 Tax Reporting Information – Distribution (Form 1099)
GREENSBORO, N.C.--(BUSINESS WIRE)--Tanger Inc. (NYSE: SKT) announced today that its 2024 dividend distributions should be treated as follows for income tax purposes. Common Shares: 99.29% as ordinary ...
Tanger Factory: Time For Bottom Fishing
Tanger Inc. is a growth-focused REIT with a low FFO pay-out ratio, benefiting from a strong U.S. economy and consumer confidence. The trust's aggressive pricing strategy and robust demand for retail s...
Tanger Declares Dividend Payable February 14, 2025
GREENSBORO, N.C.--(BUSINESS WIRE)--Tanger® (NYSE: SKT), a leading owner and operator of outlet and open-air retail shopping destinations, announced today that its Board of Directors declared a quarter...