SKT

Tanger Inc.

Fundamental data last updated:October 20, 2026

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company profile

SECTOR

Real Estate

industry

REIT - Retail

Exchange

NYSE

County of HQ

US

Next Earnings Date

Pending Announcement

Business Summary

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.

 


Analyze SKT on TradingView

VALUATION

P/E

33.43

Market Cap ($M USD)

$4.21B

Forward P/E

N/A

PEG

N/A

PRICE TO SALES

7.05

PRICE TO BOOK

6.17

EV / EBITDA

16.81

5-Year Average P/E

Free Cash Flow Yield

5.38%

DCF Value

$56.16

Graham Number

$12.10

Price to FCF

18.58

EV to FCF

26.14

Earnings Yield

2.99%

FCF Yield

5.38%

DIVIDEND

Yield

3.25%

Annual Payout

$1.19

Payout Ratio

80.73%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$1.10

Next Year EPS Growth Estimate

$0.00

Next Year Revenue Growth Estimate

$555.88M

Return on Equity (ROE)

18.24%

FREE CASH FLOW

Operating Margin

19.94%

Debt-to-Equity

2.39

Piotroski F-Score

5

Altman Z-Score

1.30

Return on Invested Capital (ROIC)

4.80%

Current Ratio

0.74

Quick Ratio

0.74

Net Debt to EBITDA

4.86

Interest Coverage

1.72

Gross Profit margin

42.62%

FCF PER SHARE

$2.00

REVENUE PER SHARE

$5.28

Analyze SKT on TradingView

Gainseekers Quantitative Analysis

Summary

SKT Tanger Inc. appears to be significantly undervalued based on its DCF value, trading well below this intrinsic measure. However, the high Price/Earnings ratio suggests the market expects substantial growth, which is not supported by the zero estimated EPS growth next year. The Altman Z-score of 1.31 raises red flags about financial distress, while the Earnings Yield of just 3.01% indicates limited immediate returns. Overall, the stock’s valuation is a mixed bag, with potential mispricing relative to its Graham Number but concerning safety metrics.

AI Exposure / Tech Reliance

Operating within the REIT - Retail sector, SKT Tanger Inc. faces challenges in adapting to AI and tech shifts due to its traditional real estate focus. However, the company can leverage technology to enhance customer experiences and optimize operations. Its resilience will depend on integrating tech solutions to maintain competitiveness in a rapidly evolving market.

The Bull Case

For value or GARP investors, SKT Tanger Inc. offers compelling reasons to buy. The company boasts a solid ROIC of 4.80%, indicating efficient capital use. Its Free Cash Flow Yield, though modest, suggests some cash generation capability, while a Piotroski F-Score of 5 points to moderate financial health. With an operating margin of 19.94%, the company demonstrates pricing power and operational efficiency, making it an attractive prospect for those seeking long-term value.

The Bear Case

Despite some strengths, SKT Tanger Inc. faces significant structural risks. The Price/Book ratio of 6.13 and Price/Sales of 7.00 highlight a potentially overvalued stock, especially given its proximity to the 52-week high. The company's high Net Debt to EBITDA ratio of 4.86 and low Interest Coverage of 1.72 suggest financial strain, while the weak Altman Z-score further underscores potential distress. These factors, combined with a high payout ratio, paint a picture of vulnerability.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Hold

Average Analyst Price Target

$38.33

Institutional Ownership %

1-Year Beta

1.12

Insider Buying % (6 Mo)

Distance to 52-Week High

3.60%

Distance to 52-Week Low

21.68%

EARNINGS SURPRISE %

119.33%

50-DAY SMA

$35.72

200-DAY SMA

$34.23

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.