SKT - NYSE

Tanger Inc.

SKT·NYSE

$35.65

+0.91%

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$4.10B

EPS1.0200

P/E Ratio32.86

Earnings Date08/03/2026

skt

Cost of Revenue

Last Annual Value

478.45M

3-Year CAGR

49%

5-Year CAGR

28%

10-Year CAGR

13%

Adjust for Inflation

Tanger Inc. Competitors Analysis of Cost of Revenue

SKT · NYSE

Company	Cost of Revenue	CAGR 3Y	CAGR 5Y	CAGR 10Y
Tanger Inc. NYSE:SKT	478.45M	48.7%	27.7%	12.1%
The Macerich Company NYSE:MAC	627.83M	16.7%	10.5%	4.5%
National Health Investors, Inc. NYSE:NHI	239.60M	175.1%	83.1%	72.8%
Vornado Realty Trust NYSE:VNO	0.00	N/A	N/A	N/A
Phillips Edison & Company, Inc. NASDAQ:PECO	742.48M	61.9%	36.2%	25.2%
Rayonier Inc. NYSE:RYN	327.20M	-24.6%	-16.3%	-4.6%
Sunstone Hotel Investors, Inc. NYSE:SHO	914.55M	21.5%	24.8%	5.0%
Broadstone Net Lease, Inc. NYSE:BNL	351.14M	1.1%	4.4%	56.8%
Public Storage NYSE:PSA	3.62B	46.6%	31.5%	18.4%

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 $35.65, this represents a potential HIDDEN relative to our calculated worth for Tanger Inc..

HIDDEN

Intrinsic Value

Current Price: $35.65

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