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    T

    Tanger Factory Outlet Centers Inc (SKT)

    Official site

    REAL ESTATE • REIT - RETAIL • NYSE

    $34.71
    -0.53 (-1.50%)

    Market Cap: $4.10B

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    79%(31/39)
    Avg Surprise
    -4.54%
    Streak
    5 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$0.28
    Range$0.28 - $0.29
    2 analysts
    EPS RevisionsNo revisions (7d)
    0
    1
    30d
    EPS Estimate DriftChange to current
    90d ago$0.29-3.3%
    60d ago$0.28+0.5%
    30d ago$0.28+0.5%
    7d ago$0.28+1.7%
    Current$0.28
    Revenue Consensus
    $147M
    Range$142M - $150M
    4 analysts
    Period ending Dec 31, 2026
    EPS Consensus$0.32
    Range$0.30 - $0.33
    2 analysts
    Revenue Consensus
    $166M
    Range$148M - $189M
    6 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$0.32---
    Sep 26EST
    		-$0.28---
    Jun 26
    Reported Aug 4
    		$0.64$0.62+3.23%Beat+146.2%
    Mar 26
    Reported Apr 30
    		$0.24$0.24+0.00%Beat+20.0%
    Dec 25
    Reported Feb 24
    		$0.29$0.26+11.71%Beat+26.1%
    Sep 25
    Reported Nov 4
    		$0.28$0.26+7.69%Beat+27.3%
    Jun 25
    Reported Aug 4
    		$0.26$0.22+18.18%Beat+18.2%
    Mar 25
    Reported Apr 30
    		$0.20$0.22-9.09%Miss-9.1%
    Dec 24
    Reported Feb 19
    		$0.23$0.20+12.52%Beat+4.5%
    Sep 24
    Reported Nov 6
    		$0.22$0.22+0.00%Beat-15.4%
    Jun 24
    Reported Aug 1
    		$0.22$0.20+10.00%Beat-4.3%
    Mar 24
    Reported Apr 30
    		$0.22$0.20+10.00%Beat+4.8%
    Dec 23
    Reported Feb 15
    		$0.22$0.21+4.76%Beat+29.4%
    Sep 23
    Reported Nov 6
    		$0.26$0.22+18.18%Beat+18.2%
    Jun 23
    Reported Aug 3
    		$0.23$0.18+27.78%Beat+21.1%
    Mar 23
    Reported Apr 27
    		$0.21$0.13+61.54%Beat+10.5%
    Dec 22
    Reported Feb 21
    		$0.17$0.18-5.56%Miss-10.5%
    Sep 22
    Reported Nov 2
    		$0.22$0.19+15.79%Beat+4.8%
    Jun 22
    Reported Aug 8
    		$0.19$0.19+0.00%Beat+18.8%
    Mar 22
    Reported May 5
    		$0.19$0.14+35.71%Beat+137.5%
    Dec 21
    Reported Feb 17
    		$0.19$0.17+11.76%Beat-17.4%
    Sep 21
    Reported Nov 1
    		$0.21$0.10+110.00%Beat+90.9%
    Jun 21
    Reported Aug 3
    		$0.16$0.02+700.00%Beat+176.2%
    Mar 21
    Reported May 5
    		$0.08$0.07+14.29%Beat+126.7%
    Dec 20
    Reported Feb 17
    		$0.23$-0.04+675.00%Beat-11.5%
    Sep 20
    Reported Nov 5
    		$0.11$-0.04+375.00%Beat-56.0%
    Jun 20
    Reported Aug 5
    		$-0.21$-0.01-2000.00%Miss-240.0%
    Mar 20
    Reported May 11
    		$-0.30$0.17-276.47%Miss-250.0%
    Dec 19
    Reported Jan 27
    		$0.26$0.22+18.18%Beat-7.1%
    Sep 19
    Reported Oct 30
    		$0.25$0.21+19.05%Beat-7.4%
    Jun 19
    Reported Jul 31
    		$0.15$0.22-31.82%Miss-37.5%
    Mar 19
    Reported May 6
    		$0.20N/A-62.26%Miss-16.7%
    Dec 18
    Reported Feb 13
    		$0.28$0.25+12.00%Beat-15.2%
    Sep 18
    Reported Nov 1
    		$0.27$0.23+17.39%Beat+35.0%
    Jun 18
    Reported Jul 31
    		$0.24$0.22+9.09%Beat+4.3%
    Mar 18
    Reported May 1
    		$0.24$0.24+0.00%Beat+0.0%
    Dec 17
    Reported Feb 13
    		$0.33$0.28+17.86%Beat+32.0%
    Sep 17
    Reported Nov 7
    		$0.20$0.22-9.09%Miss-
    Jun 17
    Reported Aug 1
    		$0.23$0.23+0.00%Beat-
    Mar 17
    Reported May 1
    		$0.24$0.23+4.35%Beat-
    Dec 16
    Reported Feb 14
    		$0.25$0.26-3.85%Miss-

    Dividends

    Dividend Metrics

    Forward Yield3.60%
    Forward Annual Dividend$1.25
    Payout Ratio46.52%
    FrequencyQuarterly
    Pay MonthsFeb, May, Aug, Nov

    Growth

    3Y CAGR+24.14%
    5Y CAGR+10.10%
    SKT dividend history and ex-dividend datesRun SKT in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio23.94EV/EBITDA19.66x
    Price/FCF18.61xFCF Yield5.37%
    Profitability
    Profit Margin20.20%Operating Margin32.60%
    ROE19.40%ROIC5.13%
    Financial Health
    Debt/Equity4.81xInterest Coverage2.78x
    Current Ratio1.83xQuick Ratio1.83x
    Trading Statistics
    Beta1.10Avg Volume1.01M
    52-Week High$42.2152-Week Low$30.63

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$34.76
    SMA 20$35.03
    SMA 50$36.86
    SMA 200$36.25
    EMA 10$34.90
    EMA 20$35.25
    EMA 50$36.43
    EMA 200$36.23

    MACD

    Line: -0.59Signal: -0.73Hist: 0.14

    ADX

    ADX: 24.9+DI: 19.4-DI: 16.5

    Aroon & PSAR

    Aroon UpN/A
    Aroon Down68.0
    PSAR$34.15

    Bollinger Bands

    Upper Band$35.97
    Lower Band$34.09
    %B Position538%(Upper)
    Band Width0.33

    RSI (14-Day)

    Neutral
    38.7

    Momentum Oscillators

    Stoch %K60.6
    Stoch %D50.8
    Williams %R-55.1
    ROC (10d)-0.4%
    Momentum-0.15
    CCI (20d)-18.3
    MFI (14d)37.0

    Volatility Measures

    ATR (14d)$0.65(1.9%)
    StdDev (20d)0.47
    Hist Vol15.7%(Low)

    Volume Flow

    VWAP$34.98
    OBV-7.3M
    AD Line-443.7M
    CMF (20d)-0.150

    Volume Metrics

    Avg Vol (20d)1.0M
    Vol Ratio1.0x
    VWMA (20d)$35.06

    Pivot Points

    R3$35.99
    R2$35.63
    R1$35.44
    Pivot Point$35.08
    S1$34.88
    S2$34.52
    S3$34.33

    Advanced Oscillators

    TSI-31.54
    Ultimate Osc40.8
    KST-62.96

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$156.39M$150.42M$160.30M$145.21M$140.69M$135.36M$140.74M$119.77M$128.96M$123.37M$127.48M$117.35M
    Cost of Revenue$45.47M$46.73M$50.50M$43.81M$40.37M$41.82M$45.47M$40.25M$37.55M$35.47M$41.93M$36.76M
    Gross Profit$110.92M$103.68M$109.80M$101.40M$100.32M$93.54M$95.27M$79.52M$91.41M$87.91M$85.55M$80.59M
    Operating Expenses$62.46M$60.44M$62.24M$55.72M$55.60M$56.14M$56.78M$53.59M$52.99M$53.35M$53.69M$90.38M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$20.49M$20.09M$22.12M$18.61M$18.99M$18.99M$21.50M$18.21M$18.81M$19.49M$21.45M$18.94M
    Operating Income$48.45M$43.24M$47.55M$45.68M$44.72M$37.40M$38.48M$25.93M$38.42M$34.56M$31.86M$-9,789,000
    Interest Income$0$0$17.25M$16.44M$16.40M$15.77M$15.09M$15.49M$0$0$0$11.69M
    Interest Expense$19.43M$19.18M$17.25M$16.26M$16.40M$15.77M$15.09M$15.49M$15.70M$14.35M$11.93M$11.69M
    Income Before Tax$30.75M$29.42M$34.82M$33.35M$31.33M$20.00M$27.61M$25.93M$25.91M$23.31M$24.84M$28.88M
    Income Tax Expense$-3,849,000$0$0$0$0$19.20M$1.12M$0$1.30M$1.12M$1.39M$25.41M
    Net Income$34.60M$28.26M$33.46M$32.03M$30.09M$19.20M$26.49M$24.86M$24.84M$22.41M$23.78M$27.62M
    EBITDA$92.15M$88.94M$92.19M$86.89M$84.34M$72.92M$77.98M$63.57M$75.79M$71.52M$69.01M$65.94M
    EBIT$50.18M$48.59M$52.07M$49.79M$47.73M$35.77M$42.70M$28.19M$41.62M$37.66M$36.78M$40.56M
    * Some calculated fields are derived from available data when not provided by source

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    News

    Build-A-Bear Workshop to Open at Tanger Outlets Near Columbus

    Build-A-Bear Workshop is opening a new location at Tanger Outlets in Sunbury, near Columbus, Ohio. The customizable stuffed-animal retailer is currently hiring for various positions at the new "Tanger Warehouse Store."...

    WhatNow•10/11/26•Somewhat-Bullish

    Tanger stock sets November 4 results date after Q2 growth

    Tanger (SKT) will release its third-quarter 2026 results on November 4, 2026, following a strong Q2 where revenue of $156.39 million and diluted EPS of $0.29 beat expectations. The company also raised its full-year 2026...

    AD HOC NEWS•10/6/26•Somewhat-Bullish

    Tanger: This 3.6% Retail REIT Is Cheaper But Not Yet Cheap Enough

    Tanger (SKT) has seen its stock decline by 17% from its 52-week high despite raising FFO guidance twice in 2026. The company exhibits strong fundamentals with robust leasing spreads and a conservative balance sheet....

    Seeking Alpha•10/5/26•Somewhat-Bearish

    Tanger stock heads toward November 4 results after Q2 growth

    Tanger (SKT) reported Q2 net income of $33.0 million, up from $29.9 million a year prior, with Core FFO at $0.64 per share. The company is preparing to release its Q3 results on November 4, 2026...

    AD HOC NEWS•10/5/26•Bullish

    What's new at Tanger Outlets in West Palm? HOKA, Tillys, Chipotle

    Tanger Outlets Palm Beach has recently added several new stores and restaurants, including Chipotle Mexican Grill, Psycho Bunny, Tillys...

    Yahoo•9/29/26•Bullish

    SKT Valuation and Fair Value

    P/E
    23.9x
    Forward P/E
    31.3x
    EV/EBITDA
    19.7x
    P/FCF
    18.6x
    PEG
    4.1x
    P/B
    6.0x
    See GNG's fair value

    SKT Profitability: Margins, ROIC and FCF

    Gross margin
    69.5%
    Operating margin
    32.6%
    Net margin
    20.2%
    ROIC
    5.1%
    ROE
    19.4%
    FCF margin
    35.3%
    FCF yield
    5.4%

    SKT Competitors

    CompanyTicker
    EPR PropertiesEPR
    Kilroy Realty CorpKRC
    Vanguard Global Ex-U.S. Real Estate Index Fund ETF SharesVNQI
    Americold Realty TrustCOLD
    Howard Hughes Holdings Inc.HHH
    Apple Hospitality REIT IncAPLE
    Colliers International Group Inc BatsCIGI
    COPT Defense PropertiesCDP

    Sector: Real Estate

    SKT Analyst Ratings

    Consensus
    Hold
    Analysts
    11
    Strong Buy
    0
    Buy
    2
    Hold
    8
    Sell
    0
    Strong Sell
    1

    SKT Bull Case vs Bear Case

    Bull case

    • SKT converts 35.3% of revenue into free cash flow.
    • SKT has a 20.2% net profit margin.
    • SKT grew quarterly revenue 11.5% year over year.

    Bear case

    • SKT has a debt-to-equity ratio of 4.8x.

    SKT Earnings: Beat Rate and Next Report

    Beat rate
    5 of 8 quarters (62.5%)
    Average surprise
    5.5%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $0.28
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    0 up, 1 down

    SKT Dividend

    Forward yield
    3.6%
    Payout ratio
    46.5%
    3Y DPS growth
    24.1%
    5Y DPS growth
    10.1%
    Pay months
    Feb, May, Aug, Nov
    SKT dividend history

    Frequently Asked Questions About SKT

    What is SKT's current dividend yield?

    Tanger Factory Outlet Centers Inc (SKT) has a forward dividend yield of 3.60%.

    Does SKT pay dividends?

    Yes, Tanger Factory Outlet Centers Inc pays dividends with a forward dividend yield of 3.60%.

    What is SKT's P/E ratio?

    Tanger Factory Outlet Centers Inc has a price-to-earnings (P/E) ratio of 23.94.

    What is SKT's market cap?

    Tanger Factory Outlet Centers Inc (SKT) has a market capitalization of $4.10B with a current stock price of $34.71.

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