Tanger Factory Outlet Centers Inc SKT Stock Analysis
- NYSE
- Stock
- Market closed · opens Monday 9:30 AM ET
$38.70 up $0.31, 0.81% at close Nov 6
Last close · Previous close $38.39
- Market cap
- $4.45BAt the Nov 6 close
- P/E ratio
- 35.50On last 12 months’ EPS
- Diluted EPS
- $1.09Last 12 months
- Dividend yield
- 3.18%Last 12 months
Price chart
$38.70up $0.31, 0.81%Fri, Nov 6 session
Use the left and right arrow keys to move along the chart.
Price data
Trading
- Previous close$38.39Nov 5
- Volume1.13MNov 6 session
Shares traded on all US exchanges in the last completed session. Live intraday volume covers IEX only, so it is left out.
- Avg. volume980.40KLast 21 sessions
The average daily shares traded over the last 21 trading sessions, about one calendar month.
- 52-week range: $31.13 to $42.53; now $38.70
The lowest and highest trades over the past 52 weeks, adjusted for splits. The marker shows the latest price.
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Performance
Past performance, measured to the Nov 6 close. Total return includes reinvested dividends.Price change only, without dividends. Compared with the S&P 500, using SPY.
SKT beat the S&P 500 in 6 of 7 periods.
| Period | SKT and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | SKT: up 11.7% S&P 500: down 5.6% | SKT beat the S&P 500 by 17.3 percentage points Beat |
| 3M | SKT: down 0.7% S&P 500: down 4.1% | SKT beat the S&P 500 by 3.4 percentage points Beat |
| YTD | SKT: up 19.9% S&P 500: up 8.7% | SKT beat the S&P 500 by 11.2 percentage points Beat |
| 1Y | SKT: up 19.1% S&P 500: up 10.9% | SKT beat the S&P 500 by 8.2 percentage points Beat |
| Long term | ||
| 3Y | SKT: up 82.6% S&P 500: up 75.0% +22.2% vs +20.5% a year | SKT beat the S&P 500 by 7.6 percentage points Beat |
| 5Y | SKT: up 121.7% S&P 500: up 67.8% +17.3% vs +10.9% a year | SKT beat the S&P 500 by 53.9 percentage points Beat |
| 10Y | SKT: up 91.6% S&P 500: up 313.1% +6.7% vs +15.2% a year | SKT trailed the S&P 500 by 221.5 percentage points Trailed |
$10,000 invested in SKT 10 years ago (Nov 4, 2016) would be worth about $19,160 at the close on , with dividends reinvested. The same amount in the S&P 500 would be worth about $41,313.
SKT beat the S&P 500 in 5 of 7 periods.
| Period | SKT and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | SKT: up 10.8% S&P 500: down 5.6% | SKT beat the S&P 500 by 16.4 percentage points Beat |
| 3M | SKT: down 1.6% S&P 500: down 4.3% | SKT beat the S&P 500 by 2.7 percentage points Beat |
| YTD | SKT: up 16.0% S&P 500: up 7.8% | SKT beat the S&P 500 by 8.2 percentage points Beat |
| 1Y | SKT: up 15.1% S&P 500: up 9.7% | SKT beat the S&P 500 by 5.4 percentage points Beat |
| Long term | ||
| 3Y | SKT: up 64.2% S&P 500: up 68.8% +18.0% vs +19.1% a year | SKT trailed the S&P 500 by 4.6 percentage points Trailed |
| 5Y | SKT: up 81.3% S&P 500: up 56.9% +12.6% vs +9.4% a year | SKT beat the S&P 500 by 24.4 percentage points Beat |
| 10Y | SKT: up 16.8% S&P 500: up 252.6% +1.6% vs +13.4% a year | SKT trailed the S&P 500 by 235.8 percentage points Trailed |
$10,000 invested in SKT 10 years ago (Nov 4, 2016) would be worth about $11,685 at the close on , not counting dividends. The same amount in the S&P 500 would be worth about $35,257.
All-time high
$42.11
Closing high on . Now 8.1% below that record.
Split-adjusted daily closes since May 28, 1993.
Stock splits
2
Latest: 2-for-1 on . One share bought before the first split is 4 shares today.
Both splits
- 2-for-1
- 2-for-1
Valuation
The Nov 6 close compared with the last 12 months of reported results (the four quarters to Jun 30, 2026). Tap a metric to see how it’s calculated.
Price-to-earnings (P/E)
35.5×The Nov 6 close ÷ diluted EPS over the last 12 months ($1.09)
The range covers daily P/E ratios from Oct 28, 2021 to Nov 6, 2026, each based on the previous 12 months of earnings.
SKT trades at 35.5× its earnings over the last 12 months, above its 5-year median of 34.1×. In plain terms, buyers are paying about $36 for each $1 of profit from the past year. How to read P/E
Other valuation measures
- 7.3×Last 12 months’ revenue
Market value divided by revenue over the last 12 months. Useful when earnings are small or negative.
P/S = Market cap ÷ Revenue (last 12 months)Price-to-sales ratio - 6.6×Book value as of Jun 30, 2026
Price relative to accounting equity (book value) per share on the Jun 30, 2026 balance sheet. Asset-light companies often trade far above book value.
P/B = Price ÷ Book value per sharePrice-to-book ratio - 17.2×Last 12 months’ EBITDA
Enterprise value divided by EBITDA over the last 12 months. It compares companies with different amounts of debt.
EV/EBITDA = Enterprise value ÷ EBITDA (last 12 months)EV/EBITDA explained - 1.49Last 12 months’ EPS growth
The P/E divided by the growth in diluted EPS over the last 12 months (+23.9% on the 12 months before). It looks backward: near 1 means the P/E roughly matches last year’s growth. Sites that use analysts’ growth forecasts show a different PEG.
PEG = P/E ÷ EPS growth (%) = 35.5 ÷ 23.9 - 2.58%Last 12 months’ free cash flow
Free cash flow over the last 12 months as a share of the company’s market value: the cash the business generated for each dollar of stock.
FCF yield = Free cash flow (last 12 months) ÷ Market capFree cash flow - $6.19BAt the Nov 6 close
What it would cost to buy the whole business: the market cap at the Nov 6 close, plus debt, minus cash and short-term investments from the Jun 30, 2026 balance sheet.
EV = Market cap + Debt − Cash and short-term investmentsEV/EBITDA explained
Build your own SKT DCF in Excel. Value Tanger Factory Outlet Centers with your own growth and margin assumptions.Browse DCF models Free DCF calculator
Financials
Reported results, not forecasts. From company filings via Tiingo; the latest report is Q2 FY26, the quarter ended Jun 30, 2026. “Last 12 months” means the four quarters from Jul 1, 2025 to Jun 30, 2026, and balance-sheet figures are as of Jun 30, 2026.
Revenue and net income
Last 12 months, with the change from the 12 months before
- Revenue
- $612.31Mup 11.4%
- Net income
- $126.99Mup 26.2%
- Diluted EPS
- $1.09up 23.9%
Data table
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| Q3 FY24 (Sep 30, 2024) | $133.00M | $24.86M | $0.22 |
| Q4 FY24 (Dec 31, 2024) | $140.74M | $26.49M | $0.23 |
| Q1 FY25 (Mar 31, 2025) | $135.36M | $19.20M | $0.17 |
| Q2 FY25 (Jun 30, 2025) | $140.69M | $30.09M | $0.26 |
| Q3 FY25 (Sep 30, 2025) | $145.21M | $32.03M | $0.28 |
| Q4 FY25 (Dec 31, 2025) | $160.30M | $33.46M | $0.28 |
| Q1 FY26 (Mar 31, 2026) | $150.42M | $28.26M | $0.24 |
| Q2 FY26 (Jun 30, 2026) | $156.39M | $33.24M | $0.29 |
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| FY21 (Dec 31, 2021) | $426.53M | $9.12M | $0.08 |
| FY22 (Dec 31, 2022) | $442.61M | $82.06M | $0.77 |
| FY23 (Dec 31, 2023) | $464.41M | $99.15M | $0.92 |
| FY24 (Dec 31, 2024) | $526.06M | $98.60M | $0.88 |
| FY25 (Dec 31, 2025) | $581.56M | $114.78M | $0.99 |
Margins
- Gross 69.5%
- Operating 30.2%
- Net 20.7%
The percentages above the chart cover the last 12 months; the lines show each quarter. What margins tell you
Cash flow
- $114.82MLast 12 months
Cash from operations minus capital spending: the cash left after the business maintains and grows its assets.
FCF = Operating cash flow − Capital spendingFree cash flow - Operating cash flow$301.72MLast 12 months
- Capital spending$186.90MLast 12 months
- 18.8%Last 12 months
Free cash flow as a share of revenue, both over the last 12 months.
Shareholder returns
- $49.79MLast 12 months
Cash spent repurchasing shares, net of shares issued. Buybacks shrink the share count, so each remaining share owns more of the company.
- Dividends paid$137.82MLast 12 months
- Total returned$137.82MLast 12 months
120% of free cash flow
Balance sheet
- Not reportedAs of Jun 30, 2026
Cash plus short- and long-term marketable securities on the Jun 30, 2026 balance sheet.
- Total debt$1.95BAs of Jun 30, 2026
- 2.90As of Jun 30, 2026
Total debt divided by shareholders’ equity on the Jun 30, 2026 balance sheet: a measure of financial leverage.
D/E = Total debt ÷ Shareholders’ equityDebt-to-equity ratio
Financial strength
- 18.4%Last 12 months
Over the last 12 months, Tanger Factory Outlet Centers’s net income was 18.4% of its shareholders’ equity (averaged over the last four quarter-ends). It describes the past year, not an expected return.
ROE = Net income (last 12 months) ÷ Average equityReturn on equity - 4.6%Last 12 months
Over the last 12 months, Tanger Factory Outlet Centers’s net income was 4.6% of its total assets (averaged over the last four quarter-ends): what the business earned on everything it owns.
ROA = Net income (last 12 months) ÷ Average total assets
Dividends
Cash dividends per share by ex-dividend year, adjusted for splits.
Dividends per share
Data table
| Year | Per share |
|---|---|
| 2016 | $1.26 |
| 2017 | $1.35 |
| 2018 | $1.39 |
| 2019 | $1.42 |
| 2020 | $0.71 |
| 2021 | $0.72 |
| 2022 | $0.80 |
| 2023 | $0.97 |
| 2024 | $1.09 |
| 2025 | $1.15 |
| 2026 (to date) | $1.23 |
Dividend details
- $1.23Per share, last 12 months
Cash dividends per share with ex-dividend dates in the last 12 months.
- 3.18%; 5-yr low 2.38%, 5-yr high 11.52%Last 12 months
Dividends paid over the last 12 months as a share of the Nov 6 close. The bar shows where that yield sits in its range over the past five years; the median was 3.67%.
- $0.31Ex-dividend
The most recent payment per share. Shares bought on or after the ex-dividend date don’t receive it.
- FrequencyQuarterly4 payments in the last 12 months
- 4 yearsThrough 2025
How many calendar years in a row the full-year amount has risen, through 2025.
- 112.8%Last 12 months
The share of earnings paid out as dividends over the last 12 months. Lower ratios leave more room to reinvest or raise the dividend.
Payout = Dividends per share ÷ Diluted EPS (both last 12 months)Payout ratio calculator
About Tanger Factory Outlet Centers Inc
® Tanger Inc. is a leading owner and operator of outlet and open-air retail shopping destinations, with over 44 years of expertise in the retail and outlet shopping industries. Tanger's portfolio of 37 outlet centers and three open-air lifestyle centers includes 16 million square feet well positioned across tourist destinations and vibrant markets in 21 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.
- Sector
- Real Estate
- Industry
- REIT - Retail
- Headquarters
- North Carolina, USA
- SEC filings
- EDGAR (opens in a new tab)
- Exchange
- NYSE
- Asset type
- Common stock
- Price history since
SKT news
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SKT stock FAQ
What is SKT stock’s price today?
Tanger Factory Outlet Centers (SKT) traded at $38.70 at the close on , up $0.31 (0.81%) from the previous close of $38.39. Over the past 52 weeks it has traded between $31.13 and $42.53.
If you invested $1,000 in SKT 10 years ago, how much would you have now?
With dividends reinvested, $1,000 invested in SKT on would be worth about $1,916 at the close on , a total return of +91.6%. The same $1,000 would be worth $2,217 if invested five years ago, $1,191 if invested one year ago, $4,947 if invested 20 years ago, and $34,507 if invested 30 years ago. Past performance doesn’t predict future returns.
What is Tanger Factory Outlet Centers’s market cap?
Tanger Factory Outlet Centers’s market capitalization is about $4.4 billion. That’s Tiingo’s daily market cap for , at that day’s closing price of $38.70 (how market cap works). Tanger Factory Outlet Centers reported 114.88M shares outstanding at the end of its latest quarter ().
What is SKT’s P/E ratio?
SKT trades at 35.5 times its diluted earnings over the four quarters to ($1.09 per share), at the close. Over the past five years its P/E has ranged from 18.6 to 227.1, with a median of 34.1. (How the P/E ratio works.)
How much revenue does Tanger Factory Outlet Centers make?
Tanger Factory Outlet Centers reported $612.3 million of revenue over the four quarters to , up 11.4% from the twelve months before. In its latest quarter (Q2 FY26, ended ) revenue was $156.4 million, up 11.2% from a year earlier.
Is Tanger Factory Outlet Centers profitable?
Yes. Tanger Factory Outlet Centers earned $127.0 million of net income over the four quarters to , a net margin of 20.7%, and its operating margin was 30.2% (what margins tell you).
What are SKT’s earnings per share?
SKT’s diluted earnings per share were $1.09 over the four quarters to , compared with $0.88 in the twelve months before. The latest quarter (Q2 FY26) brought $0.29 per share, against $0.26 a year earlier (how EPS works).
Does SKT pay a dividend?
Yes. Tanger Factory Outlet Centers pays a quarterly dividend. The most recent was $0.31 per share, with an ex-dividend date of . Over the last twelve months it paid $1.23 per share, a 3.18% yield at the close, and the full-year dividend has risen 4 years in a row (how dividend yield works).
Based on the last 12 months’ payments ($1.23 per share), and if the next 12 months match the last 12, 100 shares would receive about $123 over 12 months, and $1,000 over 12 months would take about 814 shares, roughly $31,502 at the close. Dividends can change.
What is SKT’s 52-week high and low?
Over the past 52 weeks SKT has traded as low as $31.13 and as high as $42.53. At $38.70 at the close on , it is 9.0% below that high and 24.3% above the low.
What is SKT’s all-time high?
SKT’s highest closing price was $42.11 on , adjusted for stock splits. At $38.70 at the close on , it is 8.1% below that record.
Has SKT stock ever split?
Yes, twice: 2-for-1 on ; 2-for-1 on . One share bought before the first split would be 4 shares today.
How has SKT stock performed?
Including dividends and measured to the close on , SKT has returned +19.9% so far this year and +19.1% over the past year, and +121.7% over five years (+17.3% a year). Over the same periods the S&P 500, measured by SPY, returned +8.7%, +10.9% and +67.8%. Past performance doesn’t predict future returns.
What sector and industry is Tanger Factory Outlet Centers in?
Tanger Factory Outlet Centers is in the Real Estate sector and the REIT - Retail industry, and is headquartered in North Carolina, USA.
What exchange does SKT trade on?
Tanger Factory Outlet Centers trades on the NYSE under the ticker symbol SKT. Its price history on this dashboard begins on .
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
About this data. Data sourced by Tiingo (opens in a new tab). The live price is Tiingo’s real-time price, based on IEX trades and quotes; intraday charts show IEX trades, and volume figures are consolidated totals for completed sessions. Prices are split-adjusted, and total returns assume dividends are reinvested. Financials come from company filings and can lag new reports. Times are Eastern.
This page is for education, not investment advice. Past performance doesn't predict future returns. Logos provided by Logo.dev (opens in a new tab).
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