Tanger Inc.

Tanger Inc.

SKT
Tanger Inc.US flagNew York Stock Exchange
41.39
USD
-0.03
- -
4.75BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
4.12
4.46
4.64
4.9
5.17
5.3
5.15
4.21
4.25
4.27
4.44
4.81
5.14
5.25
Basic EPS, GAAP
1.15
0.79
2.23
2.04
0.72
0.47
0.95
-0.39
0.09
0.79
0.95
0.9
1.01
1.09
Free Cash Flow per Basic Share
2.01
2.01
2.33
2.52
2.68
2.77
2.38
1.78
2.17
2.06
2.19
2.39
2.61
2.55
Dividend per Share
0.93
0.96
1.11
1.48
1.38
1.41
1.43
0.72
0.72
0.81
0.99
1.1
1.17
1.19
Book Value per Share
-2.83
-2.99
-2.05
-1.28
-1.95
-2.91
-3.41
-4.53
-4.8
-4.67
-4.67
-4.67
-4.67
-4.71
Tangible Book Value per Share
4.87
4.74
5.8
6.63
5.95
5.1
4.79
3.92
5.14
5.25
5.72
6.37
6.36
5.21
Basic Weighted Avg Shares
93
94
95
95
95
93
93
93
100
104
105
109
113
114
Sales/Revenue/Turnover
385
419
439
466
488
495
478
390
427
443
464
526
582
597
Operating Margin (%)
33.5
32.07
32.88
32.58
33.03
32.01
30
22.56
25.78
26.04
28.82
28.63
30.15
30.37
Depreciation Expense
96
102
104
115
128
132
123
117
110
112
109
139
151
154
Net Income, GAAP
108
74
211
194
68
44
88
-36
9
82
99
99
115
124
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
27.95
17.68
48.07
41.59
13.93
8.82
18.37
-9.3
2.14
18.54
21.35
18.74
19.74
20.76
Working Capital
-60
-118
-141
-124
-290
-216
-63
-3
68
160
-110
-61
-124
185
LT Debt
1,312
1,332
1,366
1,630
1,557
1,571
1,661
1,658
1,486
1,516
1,512
1,508
1,644
1,957
Total Equity
558
524
606
705
612
506
456
359
500
514
591
680
735
698
Return on Invested Capital (%)
7.38
6.97
7
6.67
6.76
6.89
6.62
- -
5.49
5.74
6.46
7
7.61
7.3
Return on Capital (%)
15.82
11.17
19.74
16.31
8.03
6.93
10.21
- -
5.39
12.05
13.46
14.87
15.89
14.47
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
60
44
- -
LT Borrowings
1,553
1,553
1,866
LT Finance Leases
90
92
91
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
115
115
115
Market Capitalization
3,799
3,776
3,861

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
50
54
263
Cash, Cash Equivalents & STI
13
18
227
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
159
177
78
Payables & Accruals
99
133
78
ST Debt
60
44
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.49%
16.05%
8.16%
Free Cash Flow
4.09%
12.91%
13.31%
Net Income, GAAP
56.25%
142.31%
16.41%
Sales/Revenue/Turnover
3.23%
8.38%
10.55%
Total Cash Common Dividend
5.3%
14.83%
9.95%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
123
129
133
141
526
2025
135
141
145
160
582
2026
150
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.21
0.23
0.23
0.24
0.9
2025
0.17
0.27
0.28
0.29
1.01
2026
0.25
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.27
0.28
0.28
0.27
1.1
2025
0.29
0.29
0.29
0.29
1.17
2026
0.31
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Stephen J. Yalof
Full Time Employees
407
Sector
Real Estate
Industry
REIT - Retail
Address
3200 Northline Avenue Greensboro NC United States of America 27408
IPO Date
May 28, 1993
Website
tanger.com
Business
Tanger Inc. (NYSE: SKT) owns and operates outlet centers and open-air lifestyle retail shopping destinations that provide value-oriented shopping experiences featuring brand-name retailers; its portfolio encompasses 38 outlet centers, three open-air lifestyle centers, and one adjacent managed center totaling more than 16 million square feet leased to over 800 brands across approximately 3,000 stores; primary services include property management, tenant leasing, marketing, and revenue generation from base rents, percentage rents, reimbursements, and ancillary businesses such as asset monetization. The company, founded in 1981 by Stanley K. Tanger and headquartered in Greensboro, North Carolina, functions as a publicly traded real estate investment trust since 1993 and conducts operations in 22 U.S. states and Canada, targeting tourist destinations and affluent markets with value-conscious shoppers and retailers seeking outlet formats. Recent strategic expansions include the September 2025 acquisition of Legends Outlets in Kansas City, Kansas, for $130 million (rebranded Tanger Kansas City at Legends, yielding an estimated 8% first-year return); the February 2025 purchase of the 640,000-square-foot Pinecrest mixed-use center in Cleveland; the acquisition of The Promenade at Chenal; earlier 2024-2025 additions of Tanger Outlets Palm Beach via partnership with Clarion Partners, Tanger Outlets Nashville, Tanger Outlets Asheville, and Bridge Street Town Centre; and an expanded partnership with Sephora announcing five new stores in 2024 across Charleston, S.C., Deer Park, N.Y., National Harbor, Md., Palm Beach, Fla., and Phoenix/Glendale, Ariz. to enhance beauty and wellness offerings.

Company News

APIChatGPT
  • Tanger (SKT) Could Be a Great Choice

  • 3 Retail REITs Poised to Benefit From Leasing Strength and Low Supply

  • Tanger Declares Dividend Payable August 14, 2026

  • My 5 Greatest REIT Winners Of All Time

  • Tanger Schedules Second Quarter 2026 Earnings Release and Conference Call

  • Retail REIT CEO Says Consumer Traffic and Demand Have Strengthened Since the Start of 2026

  • Tanger (SKT) Could Be a Great Choice

  • Tanger Recognized by Newsweek for Workplace Culture and by Nareit for Investor Communications Excellence

  • Tanger (SKT) Surges 6.6%: Is This an Indication of Further Gains?

  • Tanger Inc. (SKT) Presents at Nareit REITweek: 2026 Investor Conference Transcript

  • 3 REITs To Buy Before Their Dividends Are Hiked

  • Tanger Acquires The Town Center at Levis Commons in Toledo, Ohio

  • Tanger to Present at Nareit's REITweek 2026 Investor Conference

  • Tanger Releases 2025 Impact Report

  • Why Tanger (SKT) is a Great Dividend Stock Right Now

  • Tanger CEO Stephen Yalof: Gas prices are less of an issue when shoppers know they are getting value

  • Tanger Inc. (SKT) Q1 2026 Earnings Call Transcript

  • Why Tanger (SKT) is a Top Dividend Stock for Your Portfolio

  • Tanger (SKT) Q1 FFO and Revenues Top Estimates

  • Tanger Reports First Quarter Results and Increases 2026 Guidance