SKT
TANGER INC.
Next earnings Aug 3, 2026 · consensus $0.26 EPS, $145M rev
Last earnings +1.8% on 2026-04-30
$39.53
▼ -1.22%$39.53▲ +33.94%
over 1Y
L $28.75H $41.10
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today-1.2%
1W-3.8%
1M+9.9%
3M+15.3%
YTD+21.5%
1Y+33.9%
Hold
Conviction
Horizon
Long (>12mo)
Street · 17 analysts
Hold
Outlet-center REIT growing rental revenue, net income and its footprint with positive rent spreads, but rate- and retail-cyclical.
Net income $119.5 million · FY2025
Tanger is a focused outlet-center REIT — 34 consolidated centers plus open-air lifestyle, unconsolidated and managed centers totaling about 14.0 million square feet across 21 states. The operating trend is solidly positive: net income rose $16.7M to $119.5M in 2025 from $102.8M in 2024, driven by a strengthened tenant mix and higher new and renewal rents. Rental revenues grew $53.4M to $550.9M, with same-property rents up $16.3M and acquired centers adding $33.2M. Leasing economics are healthy — executed leases on comparable space carried a positive 9.3% rent spread at an initial rent of $39.07 psf, evidence of real pricing power in its centers.
Management is compounding through disciplined portfolio growth: it added the Cleveland, OH (Q1 2025) and Kansas City, KS (Q3 2025) centers and Little Rock, AR (late 2024), while pruning weaker assets (selling Howell, MI, which also carried a $4.2M impairment). This 'buy-and-improve, sell-the-laggards' approach is gradually upgrading the portfolio and lifting rental income.
AI-generated analysis, produced by our proprietary engine from SEC filing data.
Investment recommendation produced by TENK/calls (tenkcalls.com), Luxembourg. Completed Jun 21, 2026, 5:01 PM ET. Ratings & methodology: definitions · All recommendations to date: track record · Conflicts: disclosures. Not investment advice.
Financials · annual, by fiscal year
No income data filed.
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$4.52B
EV / EBITDA—
EV / Sales—
EV / FCF—
P / FCF—
PEG (trailing)—
Earnings yield—
FCF yield—
Quality & risk
ROIC (est.)—
Free cash flow—
Total debt—
Net cash$18.1M
Capital returns
Buyback yield—
Dividend yield (est.)—
Shareholder yield—
Shares Δ YoY+1.5%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsRed flag in recent filings — agreement terminated (2026-02-27). Worth a closer look.
Recent filings
all on EDGAR ↗4Period ending 2026-05-152026-05-18open ↗4Period ending 2026-05-152026-05-18open ↗144/AFiling2026-05-15open ↗144Filing2026-05-15open ↗8-KPeriod ending 2026-05-082026-05-08open ↗SCHEDULE 13G/AFiling2026-05-06open ↗10-QPeriod ending 2026-03-312026-05-04open ↗8-KPeriod ending 2026-04-302026-04-30open ↗SCHEDULE 13GFiling2026-04-30open ↗SCHEDULE 13G/AFiling2026-03-26open ↗ARSPeriod ending 2025-12-312026-03-26open ↗DEFA14AFiling2026-03-26open ↗
Frequently asked
- Is TANGER INC. (SKT) a buy?
- SKT currently carries a Hold rating with 3/5 conviction, derived from its latest SEC filings. Outlet-center REIT growing rental revenue, net income and its footprint with positive rent spreads, but rate- and retail-cyclical.
- What is TANGER INC.'s quality score?
- SKT scores 79.8804280579257/100 (grade B+) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0000899715, latest 10-Q filed 2026-05-04) · EODHD · Proprietary analysis · as of 6/21/2026, 9:01:28 PM.
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