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Real Estate - REIT - Retail - NYSE - US
$ 30.51
-0.294 %
$ 3.45 B
Market Cap
34.67
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one SKT stock under the worst case scenario is HIDDEN Compared to the current market price of 30.5 USD, Tanger Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one SKT stock under the base case scenario is HIDDEN Compared to the current market price of 30.5 USD, Tanger Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one SKT stock under the best case scenario is HIDDEN Compared to the current market price of 30.5 USD, Tanger Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart SKT

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$37.0$37.0$36.0$36.0$35.0$35.0$34.0$34.0$33.0$33.0$32.0$32.0$31.0$31.0$30.0$30.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
526 M REVENUE
13.28%
289 M OPERATING INCOME
116.16%
103 M NET INCOME
3.64%
261 M OPERATING CASH FLOW
13.53%
-178 M INVESTING CASH FLOW
56.54%
-48.3 M FINANCING CASH FLOW
-150.73%
141 M REVENUE
5.81%
73.8 M OPERATING INCOME
-1.04%
27.6 M NET INCOME
-2.64%
91.6 M OPERATING CASH FLOW
44.19%
-111 M INVESTING CASH FLOW
-508.80%
55.1 M FINANCING CASH FLOW
227.52%
Balance Sheet Tanger Inc.
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Current Assets 47 M
Cash & Short-Term Investments 47 M
Receivables 0
Other Current Assets 0
Non-Current Assets 2.33 B
Long-Term Investments 65.7 M
PP&E 76.1 M
Other Non-Current Assets 2.19 B
3.20 %92.07 %Total Assets$2.4b
Current Liabilities 108 M
Accounts Payable 0
Short-Term Debt 0
Other Current Liabilities 108 M
Non-Current Liabilities 1.59 B
Long-Term Debt 1.51 B
Other Non-Current Liabilities 85.5 M
6.33 %88.64 %5.02 %Total Liabilities$1.7b
EFFICIENCY
Earnings Waterfall Tanger Inc.
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Revenue 526 M
Cost Of Revenue 159 M
Gross Profit 367 M
Operating Expenses 78 M
Operating Income 289 M
Other Expenses 187 M
Net Income 103 M
600m600m500m500m400m400m300m300m200m200m100m100m00526m(159m)367m(78m)289m(187m)103mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
69.83% GROSS MARGIN
69.83%
55.00% OPERATING MARGIN
55.00%
18.74% NET MARGIN
18.74%
14.51% ROE
14.51%
4.14% ROA
4.14%
12.73% ROIC
12.73%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Tanger Inc.
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300m300m250m250m200m200m150m150m100m100m50m50m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 103 M
Depreciation & Amortization 139 M
Capital Expenditures 0
Stock-Based Compensation 12 M
Change in Working Capital 5 M
Others 4.04 M
Free Cash Flow 261 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Tanger Inc.
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Wall Street analysts predict an average 1-year price target for SKT of $32 , with forecasts ranging from a low of $28 to a high of $35 .
SKT Lowest Price Target Wall Street Target
28 USD -8.23%
SKT Average Price Target Wall Street Target
32 USD 4.88%
SKT Highest Price Target Wall Street Target
35 USD 14.72%
Price
Max Price Target
Min Price Target
Average Price Target
38383636343432323030282826262424May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
0.82% DIVIDEND YIELD
0.275 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
1.60001.60001.40001.40001.20001.20001.00001.00000.80000.80000.60000.60000.40000.40000.20000.20000.00000.00000.240.2850.3250.34250.350.3550.17750.18250.220.260.2750.2850.3250.34250.350.3550.35750.17750.20.2450.2750.2850.3250.34250.350.3550.17750.20.2450.2750.2851.090.211.150.3251.340.34251.390.351.410.3551.240.18250.740.220.850.261.000.2750.810.282015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 13
6. Ownership
Insider Ownership Tanger Inc.
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Sold
0-3 MONTHS
747 K USD 2
3-6 MONTHS
109 K USD 1
6-9 MONTHS
550 K USD 1
9-12 MONTHS
261 K USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Are You Looking for a High-Growth Dividend Stock? Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Tanger (SKT) have what it takes? zacks.com - 3 weeks ago
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% occupancy, I have concerns about aggressive rent hikes imposed on struggling tenants. Recent acquisitions in Little Rock and Cleveland are expected to boost 2025 FFO, though increased net debt and high expenses warrant cautious optimism. seekingalpha.com - 3 weeks ago
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 ended March 31, 2025 will be released on Wednesday, April 30, 2025 after the market close. The Company will host its conference call for analysts, investors, and other interested parties on Thursday, May 1, 2025 at 8:30 a.m. Eastern Time. To access the conference call, listeners should dial 1-877-605-. businesswire.com - 1 month ago
Why Tanger (SKT) is a Great Dividend Stock Right Now Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Tanger (SKT) have what it takes? zacks.com - 1 month ago
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 - Executive Vice President, Chief Financial Officer and Chief Investment Officer Conference Call Participants Craig Mailman - Citi Craig Mailman Good afternoon or good morning, everyone. Welcome to Citi's 2025 Global Property CEO Conference. seekingalpha.com - 1 month ago
All You Need to Know About Tanger (SKT) Rating Upgrade to Buy Tanger (SKT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term. zacks.com - 1 month ago
Brick-and-Mortar Retail Is Back – Here's 1 Great Dividend Stock You Should Pay Attention To It wasn't too long ago when experts were essentially forecasting the death of brick-and-mortar retail, but it now looks like those fears may have been overblown. In this video, longtime Fool.com contributors Matt Frankel, CFP®, and Tyler Crowe take a look at Tanger Factory Outlet Centers' (SKT -0.33%) latest results and why there could be good times ahead. fool.com - 1 month ago
2 Smart Dividend Stocks to Buy and Hold Many stocks pay dividends, but dividend investors should be picky. Ideally, a reasonable dividend yield should be paired with a long dividend track record, plenty of profits to support the dividend, and decent long-term growth prospects. fool.com - 1 month ago
Why Tanger (SKT) is a Top Dividend Stock for Your Portfolio Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Tanger (SKT) have what it takes? zacks.com - 1 month ago
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 CIO Justin Stein - EVP, Leasing Leslie Swanson - EVP and COO Conference Call Participants Craig Mailman - Citi Andrew Reale - Bank of America Unidentified Analyst - Evercore ISI Floris van Dijkum - Compass Point Juan Sanabria - BMO Capital Markets Caitlin Burrows - Goldman Sachs Hong Zhang - J.P. Morgan Naishal Shah - Green Street Connor Peaks - Deutsche Bank Greg McGinniss - Scotiabank Todd Thomas - KeyBanc Capital Markets Operator Good morning. seekingalpha.com - 1 month ago
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 three months and year ended December 31, 2024. “I am pleased to report another quarter of strong performance contributing to a successful year as we saw improved sales productivity and delivered robust organic growth. We acquired two open-air shopping centers, The Promenade at Chenal in Little Rock. businesswire.com - 1 month ago
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-leverage in real estate and REIT investments. Diversify your portfolio to mitigate risks and avoid significant losses from concentrated investments in specific REITs or sectors. seekingalpha.com - 2 months ago
8. Profile Summary

Tanger Inc. SKT

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COUNTRY US
INDUSTRY REIT - Retail
MARKET CAP $ 3.45 B
Dividend Yield 0.82%
Description 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.
Contact 3200 Northline Avenue, Greensboro, NC, 27408 https://www.tanger.com
IPO Date May 28, 1993
Employees 372
Officers Mr. Stephen J. Yalof President, Chief Executive Officer & Director Ms. Leslie A. Swanson Gallardo Executive Vice President & Chief Operating Officer