SKT - NYSE

Tanger Inc.

SKT·NYSE

$36.36

+1.4%

Real EstateREIT - Retail

Tanger Inc. (NYSE: SKT) is a leading owner and operator of outlet and open-air retail shopping destinations, with over 43 years of expertise in the retail and outlet shopping industries. Tanger's portfolio of 38 outlet centers, one adjacent managed center and one open-air lifestyle center comprises over 15 million square feet well positioned across tourist destinations and vibrant markets in 20 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 700 different brand name companies.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$4.18B

EPS1.0200

P/E Ratio35.65

Earnings Date08/03/2026

skt

Change in Working Capital

Last Annual Value

7.64M

3-Year CAGR

63%

5-Year CAGR

30%

10-Year CAGR

28%

Adjust for Inflation

Tanger Inc. Competitors Analysis of Change in Working Capital

SKT · NYSE

Company	Change in Working Capital	CAGR 3Y	CAGR 5Y	CAGR 10Y
Tanger Inc. NYSE:SKT	7.64M	N/A	-17.4%	11.8%
The Macerich Company NYSE:MAC	-10.16M	N/A	N/A	N/A
National Health Investors, Inc. NYSE:NHI	7.26M	30.2%	N/A	11.7%
Vornado Realty Trust NYSE:VNO	-181.23M	N/A	N/A	N/A
Phillips Edison & Company, Inc. NASDAQ:PECO	-2.68M	N/A	N/A	N/A
Rayonier Inc. NYSE:RYN	-13.00M	N/A	N/A	N/A
Sunstone Hotel Investors, Inc. NYSE:SHO	984.00K	N/A	-23.5%	-21.2%
Broadstone Net Lease, Inc. NYSE:BNL	13.47M	N/A	15.8%	23.2%
Public Storage NYSE:PSA	1.80M	-54.3%	-32.5%	N/A

Tanger Inc. Fair Value Envelope

SKT · NYSE

Our analysis suggests that SKT has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $36.36, this represents a potential HIDDEN relative to our calculated worth for Tanger Inc..

HIDDEN

Intrinsic Value

Current Price: $36.36

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