Tanger Factory Outlet Centers Inc
$ 33.62
0.39%
16 Jan - close price
- Market Cap 3,849,826,000 USD
- Current Price $ 33.62
- High / Low $ 33.69 / 33.30
- Stock P/E 35.77
- Book Value 6.11
- EPS 0.94
- Next Earning Report 2026-02-24
- Dividend Per Share $1.15
- Dividend Yield 3.44 %
- Next Dividend Date -
- ROA 0.05 %
- ROE 0.17 %
- 52 Week High 35.74
- 52 Week Low 28.12
About
Tanger Factory Outlet Centers, Inc. (NYSE: SKT) is a prominent real estate investment trust (REIT) focused on the development and management of high-quality outlet shopping centers throughout the United States. With a diverse portfolio of 38 strategically located properties, Tanger caters to consumers seeking brand-name merchandise at attractive prices, while maintaining strong relationships with a wide array of tenants. The company’s commitment to enhancing the customer experience positions it favorably within the competitive retail landscape, offering institutional investors a solid opportunity for stable income alongside potential growth amid evolving market dynamics.
Analyst Target Price
$36.73
Quarterly Earnings
| Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Date | 2025-11-04 | 2025-08-06 | 2025-04-28 | 2025-02-13 | 2024-11-06 | 2024-08-01 | 2024-04-30 | 2024-02-15 | 2023-11-06 | 2023-08-03 | 2023-04-27 | 2023-02-21 |
| Reported EPS | 0.28 | 0.26 | 0.204 | 0.23 | 0.22 | 0.23 | 0.2 | 0.22 | 0.26 | 0.23 | 0.22 | 0.17 |
| Estimated EPS | 0.25 | 0.22 | 0.2166 | 0.2044 | 0.21 | 0.19 | 0.19 | 0.21 | 0.19 | 0.16 | 0.11 | 0.18 |
| Surprise | 0.03 | 0.04 | -0.0126 | 0.0256 | 0.01 | 0.04 | 0.01 | 0.01 | 0.07 | 0.07 | 0.11 | -0.01 |
| Surprise Percentage | 12% | 18.1818% | -5.8172% | 12.5245% | 4.7619% | 21.0526% | 5.2632% | 4.7619% | 36.8421% | 43.75% | 100% | -5.5556% |
Next Quarterly Earnings
| Dec 2025 | |
|---|---|
| Reported Date | 2026-02-24 |
| Fiscal Date Ending | 2025-12-31 |
| Estimated EPS | 0.6 |
| Currency | USD |
Previous Dividend Records
| Feb 2026 | Nov 2025 | Jan 1970 | May 2025 | Feb 2025 | Nov 2024 | Aug 2024 | May 2024 | Feb 2024 | Nov 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Payment Date | 2026-02-13 | 2025-11-14 | None | 2025-05-15 | 2025-02-14 | 2024-11-15 | 2024-08-15 | 2024-05-15 | 2024-02-15 | 2023-11-15 |
| Amount | $0.2925 | $0.2925 | $0.2925 | $0.2925 | $0.275 | $0.275 | $0.275 | $0.275 | $0.26 | $0.26 |
Next Dividend Records
| Dividend per share (year): | - |
| Dividend Yield | - |
| Next Dividend Date | - |
| Ex-Dividend Date | - |
Recent News: SKT
2026-01-15 13:30:02
Tanger (NYSE: SKT) announced that its Board of Directors has declared a quarterly cash dividend of $0.2925 per share. This dividend is payable on February 13, 2026, to common shareholders of record as of January 30, 2026. The company is a leading owner and operator of outlet and open-air retail shopping destinations across the U.S. and Canada.
2026-01-08 14:15:15
Tanger Inc. has priced and upsized its offering of exchangeable senior notes to $220 million, with proceeds expected to be approximately $214 million after expenses. The notes, due in 2031 with a 2.375% annual interest rate, will help repay outstanding debt and fund capped call transactions and share repurchases. The company, which operates 38 outlet centers, demonstrates a strong financial position, trading near its 52-week high.
2026-01-08 14:15:15
Tanger Factory Outlet Centers, Inc. (NYSE: SKT) has announced the appointment of Michael Bilerman as their Executive Vice President, Chief Financial Officer, and Chief Investment Officer. Mr. Bilerman, previously a Managing Director at Citi leading its global real estate investment research franchise, brings almost 25 years of real estate industry experience to the role. He is expected to join the company in the fourth quarter of 2022 and will focus on enhancing strategic growth initiatives and managing financial and investment teams.
2026-01-08 13:12:05
Tanger's operating partnership has upsized its private offering of 2.375% exchangeable senior notes due 2031 to $220 million, following high demand. The proceeds will be used for capped call transactions, share repurchases, and refinancing existing debt, including its unsecured lines of credit and $350 million of senior notes due 2026, aiming to strengthen its capital structure. TipRanks' AI Analyst, Spark, rates SKT as Neutral, noting solid financial performance and positive earnings outlook, but also elevated leverage and a relatively high P/E ratio.
2026-01-08 12:12:05
Tanger Inc. has upsized and priced its exchangeable senior notes offering to $220 million, with proceeds primarily intended for debt repayment and share repurchases. The company, which operates numerous outlet and lifestyle centers, maintains a strong financial position, evidenced by 33 consecutive years of dividend payments and liquid assets exceeding short-term obligations. This financial maneuver aims to optimize their debt structure and is supported by their robust financial health profile.
2026-01-08 12:12:05
Tanger (NYSE: SKT) announced that its operating partnership, Tanger Properties Limited Partnership, has priced an upsized offering of $220 million in 2.375% Exchangeable Senior Notes due 2031. The offering includes an option for initial purchasers to buy an additional $30 million in notes and is expected to settle on January 12, 2026, generating approximately $214 million in net proceeds. Tanger plans to use the proceeds to cover capped call transactions, repurchase common shares, repay existing debt, and for general corporate purposes.
