Inside the research
Tanger Inc.
SKT Research profile · latest available data
Price overview
$34.73
▼ -0.28 (-0.8%)
| 52w hi | $41.79 |
|---|---|
| 52w lo | $30.78 |
| Vol | 1.06M |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.44
| Short | -0.41 |
|---|---|
| Medium | -0.49 |
| Long | -0.42 |
computed 2026-09-27
Key fundamentals
Tanger Inc.
Real Estate · REIT - Retail
| Market cap | $4.15B |
|---|---|
| Enterprise value | $5.79B |
| Trailing P/E | 31.86x |
| Forward P/E | 28.88x |
| EV / EBITDA | 17.18x |
| P / S (ttm) | 6.61x |
| Profit margin | 20.2% |
| Return on equity | 19.4% |
| Revenue growth | +11.5% |
| Earnings growth | +10.8% |
| Debt / equity | 278.31 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.13 | |
| Sector | -0.04 | |
| Technical | -0.20 | |
| Earnings | +0.00 | |
| Sentiment | -0.28 |
macro × 1.00 · 2026-09-27
Business overview
Tanger Inc. is a leading owner and operator of outlet and other open-air retail shopping destinations, with 45 years of expertise in the retail and outlet shopping industries. Tanger's portfolio of 38 outlet centers and four open-air lifestyle centers includes nearly 17 million square feet well positioned across tourist destinations and vibrant markets in 22 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 800 different brand name companies. Tanger is furnishing a Form 8-K with the SEC that includes a supplemental information package for the quarter ended June 30, 2026. Tanger Inc. was established in 1981 and was incorporated in North Carolina.
Risk Metrics
| Beta vs SPX | 0.65 |
|---|---|
| Corr SPX | 0.44 |
| Annual vol | 23.8% |
| Annual ret | +7.1% |
| Sharpe | 0.30 |
| Max DD | -22.3% |
Window: 504 trading days (504 obs)
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-04 | Earnings Release, Reg FD Disclosure… | read |
| 2026-05-08 | Shareholder Vote, Other Material Event | read |
| 2026-04-30 | Earnings Release, Reg FD Disclosure… | read |
| 2026-02-27 | Material Agreement, Termination of Agreement… | read |
| 2026-02-24 | Earnings Release, Reg FD Disclosure… | read |
| 2026-01-12 | Material Agreement, Material Obligation… | read |
| 2026-01-08 | Other Material Event, Exhibits | read |
| 2026-01-06 | Material Agreement, Material Obligation… | read |
| 2025-11-04 | Earnings Release, Reg FD Disclosure… | read |
| 2025-08-04 | Earnings Release, Reg FD Disclosure… | read |
| 2025-05-12 | Shareholder Vote, Other Material Event | read |
| 2025-04-30 | Earnings Release, Reg FD Disclosure… | read |
Flow & Concentration
| Insider 180d net | $0 |
|---|---|
| Insider buys / sells | 0 / 0 |
| Insider bias | Neutral |
| 13F holders | 9 |
| Top-5 share | 98.6% |
| HHI | 4,158 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| Fidelity / FMR LLC | $648.70M | 16.44M |
| State Street Corp | $257.31M | 6.52M |
| Capital Research / Capital World | $140.26M | 3.55M |
| Millennium Management | $33.20M | 841.20K |
| Norges Bank (Norway sovereign) | $10.31M | 261.32K |
| Citadel Advisors | $9.66M | 244.72K |
| Renaissance Technologies | $3.63M | 92.07K |
| AQR Capital Management | $2.24M | 56.84K |
| T. Rowe Price Group | $5.90K | 149.52K |
As of 2026-06-30
Dividends
| Yield (TTM) | 2.59% |
|---|---|
| $ / share (TTM) | $0.90 |
| 5y CAGR | +10.1% |
Annual dividend per share
| 2021 | $0.72 |
|---|---|
| 2022 | $0.80 |
| 2023 | $0.97 |
| 2024 | $1.08 |
| 2025 | $1.15 |
| 2026 | $0.61 |
SEC Filings
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $34.93 | $35.37 | $34.71 | $34.73 | 1.06M |
| Sep 24 | $34.88 | $35.14 | $34.75 | $35.01 | 1.25M |
| Sep 23 | $35.29 | $35.44 | $34.95 | $35.13 | 1.18M |
| Sep 22 | $35.82 | $36.04 | $35.41 | $35.60 | 892.70K |
| Sep 21 | $35.81 | $35.91 | $35.51 | $35.66 | 716.60K |
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