Tanger
About: Tanger Inc is an owners and operators of outlet and open-air centers in the United States and Canada. It is a fully-integrated, self-administered and self-managed REIT, which focuses on developing, acquiring, owning, operating and managing outlet and open-air shopping centers. Its consolidated portfolio consisted of 31 outlet centers and 2 open-air lifestyle centers, with a total gross leasable area of approximately 13.0 million square feet.
Employees: 425
0
Funds holding %
of 7,398 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
57% more repeat investments, than reductions
Existing positions increased: 135 | Existing positions reduced: 86
9% more capital invested
Capital invested by funds: $3.15B [Q3] → $3.43B (+$279M) [Q4]
5.04% more ownership
Funds ownership: 86.95% [Q3] → 91.99% (+5.04%) [Q4]
0% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 34
2% less funds holding
Funds holding: 318 [Q3] → 311 (-7) [Q4]
11% less call options, than puts
Call options by funds: $21.3M | Put options by funds: $23.9M
33% less funds holding in top 10
Funds holding in top 10: 3 [Q3] → 2 (-1) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$36
4%
upside
Avg. target
$38
10%
upside
High target
$40
15%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Goldman Sachs Caitlin Burrows 36% 1-year accuracy 8 / 22 met price target | 15%upside $40 | Buy Upgraded | 28 Mar 2025 |
BMO Capital Juan Sanabria 25% 1-year accuracy 2 / 8 met price target | 4%upside $36 | Market Perform Initiated | 28 Jan 2025 |
Financial journalist opinion
Based on 5 articles about SKT published over the past 30 days
Positive
Zacks Investment Research
6 days ago
Are You Looking for a High-Growth Dividend Stock?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Tanger (SKT) have what it takes?
Positive
Seeking Alpha
1 week ago
Tanger: Resilient Retail Real Estate Play
Tanger's shares have surged, nearing 2010s highs, driven by conservative leverage, inflation benefits, and resilient outdoor real estate amid physical shopping pressures. Despite impressive 98% occupancy, I have concerns about aggressive rent hikes imposed on struggling tenants. Recent acquisitions in Little Rock and Cleveland are expected to boost 2025 FFO, though increased net debt and high expenses warrant cautious optimism.
Neutral
Business Wire
2 weeks ago
Tanger Schedules First Quarter 2025 Earnings Release and Conference Call
GREENSBORO, N.C.--(BUSINESS WIRE)--Tanger® (NYSE: SKT), a leading owner and operator of outlet and open-air retail shopping destinations, announced today that its financial results for the quarter ended March 31, 2025 will be released on Wednesday, April 30, 2025 after the market close. The Company will host its conference call for analysts, investors, and other interested parties on Thursday, May 1, 2025 at 8:30 a.m. Eastern Time. To access the conference call, listeners should dial 1-877-605-.
Positive
Zacks Investment Research
3 weeks ago
Why Tanger (SKT) is a Great Dividend Stock Right Now
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Tanger (SKT) have what it takes?
Neutral
Seeking Alpha
4 weeks ago
Tanger Inc. (SKT) CEO Stephen Yalof Presents at Citi's 30th Annual Global Property CEO Conference (Transcript)
Tanger Inc. (NYSE:SKT ) Citi's 30th Annual Global Property CEO Conference March 3, 2025 6:00 AM ET Company Participants Stephen Yalof - President and Chief Executive Officer Michael Bilerman - Executive Vice President, Chief Financial Officer and Chief Investment Officer Conference Call Participants Craig Mailman - Citi Craig Mailman Good afternoon or good morning, everyone. Welcome to Citi's 2025 Global Property CEO Conference.
Positive
Zacks Investment Research
1 month ago
All You Need to Know About Tanger (SKT) Rating Upgrade to Buy
Tanger (SKT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Neutral
Business Wire
1 month ago
Tanger to Present at Citi's 30th Annual Global Property CEO Conference
GREENSBORO, N.C.--(BUSINESS WIRE)--Tanger® (NYSE: SKT), a leading owner and operator of outlet and open-air retail shopping destinations, announced today that it will participate in Citi's 2025 Global Property CEO Conference from March 3 through March 5, 2025. Stephen Yalof, President and Chief Executive Officer, and Michael Bilerman, Executive Vice President, Chief Financial Officer and Chief Investment Officer, will participate in a round table presentation scheduled for 9:35 a.m. Eastern Tim.
Positive
The Motley Fool
1 month ago
Brick-and-Mortar Retail Is Back – Here's 1 Great Dividend Stock You Should Pay Attention To
It wasn't too long ago when experts were essentially forecasting the death of brick-and-mortar retail, but it now looks like those fears may have been overblown. In this video, longtime Fool.com contributors Matt Frankel, CFP®, and Tyler Crowe take a look at Tanger Factory Outlet Centers' (SKT -0.33%) latest results and why there could be good times ahead.
Positive
The Motley Fool
1 month ago
2 Smart Dividend Stocks to Buy and Hold
Many stocks pay dividends, but dividend investors should be picky. Ideally, a reasonable dividend yield should be paired with a long dividend track record, plenty of profits to support the dividend, and decent long-term growth prospects.
Positive
Zacks Investment Research
1 month ago
Why Tanger (SKT) is a Top Dividend Stock for Your Portfolio
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Tanger (SKT) have what it takes?
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