SKT
Tanger Inc.
NYSEUSDEQUITY
Real Estate
DELAYED
Last price
38.22
▼ 0.01 (0.03%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
Lower pane
Tool
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
38.23
Prev close
38.23
Day high
38.31
Day low
37.80
Volume
504.60K
Market cap
$4.57B
P/E (TTM)
35.06
52W range
31.13 – 42.53
Day trading desk
Gap from prior close
+0.00%
Prior close 38.23
VWAP
38.10
+0.32% from price
Relative volume
0.67×
Normal
Session range
1.85%
37.80 – 38.50
Position in range
60%
Mid range
ATR (14D)
0.74
1.93% of price
Prior day high
38.62
PDH
Prior day low
38.18
PDL
Bid / ask spread
—
Quote not published
Session volume
689.01K
Avg 1.03M
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
-0.60%
+0.8%
1M
-7.03%
-10.8%
3M
+6.76%
+3.7%
6M
+7.42%
-3.6%
YTD
+14.53%
+2.2%
1Y
+15.99%
-4.0%
3Y
+60.45%
-13.7%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on SKT open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
+353.42K
Net buying
Buy transactions
9
393.61K shares
Sell transactions
4
40.19K shares
Net transactions
+13
Buys less sells
Sell : buy shares
0.1 : 1
Mixed
Insider-held shares
2.78M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Aug 14, 26 | CITRIN JEFFREY B Director |
STOCK | 617 | $23.75K | Direct |
| May 15, 26 | CITRIN JEFFREY B Director |
STOCK | 588 | $21.07K | Direct |
| May 15, 26 | RYAN BERMAN BRIDGET Director |
SELL | 14.70K | $517.96K | Direct |
| Mar 20, 26 | SWANSON GALLARDO LESLIE A Chief Operating Officer |
— | 49.67K | — | Direct |
| Mar 20, 26 | STEIN JUSTIN C Officer |
— | 24.84K | — | Direct |
| Mar 20, 26 | BILERMAN MICHAEL J Chief Financial Officer |
— | 74.50K | — | Direct |
| Mar 20, 26 | TANGER STEVEN B Director |
— | 49.67K | — | Direct |
| Mar 20, 26 | YALOF STEPHEN Chief Executive Officer |
— | 173.84K | — | Direct |
| Mar 20, 26 | GUERRIERI THOMAS JOSEPH JR. Officer |
— | 9.31K | — | Direct |
| Mar 20, 26 | NORMAN JESSICA K Officer |
— | 10.57K | — | Direct |
| Mar 6, 26 | SKERRITT SUSAN E. Director |
SELL | 5.06K | $183.27K | Direct |
| Feb 27, 26 | GUERRIERI THOMAS JOSEPH JR. Officer |
SELL | 10.43K | $392.35K | Direct |
| Feb 27, 26 | REDDIN THOMAS J. Director |
SELL | 10.00K | $375.00K | Direct |
| Feb 13, 26 | RYAN BERMAN BRIDGET Director |
STOCK | 5.21K | $0 | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
BILERMAN MICHAEL J |
Chief Financial Officer | 176.43K | Conversion of Exercise of derivative security |
CITRIN JEFFREY B |
Director | 152.13K | Stock Award(Grant) |
GUERRIERI THOMAS JOSEPH JR. |
Officer | 62.59K | Conversion of Exercise of derivative security |
HENRY DAVID B |
Director | 88.64K | Stock Award(Grant) |
RYAN BERMAN BRIDGET |
Director | 86.59K | Sale |
STEIN JUSTIN C |
Officer | 64.76K | Conversion of Exercise of derivative security |
SWANSON GALLARDO LESLIE A |
Chief Operating Officer | 115.39K | Conversion of Exercise of derivative security |
TANGER STEVEN B |
Director | 1.05M | Conversion of Exercise of derivative security |
UBINAS LUIS ANTONIO |
Director | 69.19K | Stock Award(Grant) |
YALOF STEPHEN |
Chief Executive Officer | 903.16K | Conversion of Exercise of derivative security |
Fundamentals
Market cap$4.57B
Enterprise value$6.19B
Revenue (TTM)$627.75M
Gross profit$459.03M
EBITDA$337.00M
Net income$126.08M
EPS (TTM)$1.09
Free cash flow$227.82M
Total cash$181.29M
Total debt$1.95B
Book value / share$5.87
Shares outstanding114.88M
Float112.16M
Short % of float7.96%
Dividend yield3.27%
Beta (5Y)1.09
Valuation & profitability ratios
Trailing P/E35.06
Forward P/E32.35
PEG ratio4.14
Price / sales—
Price / book6.51
EV / revenue9.86
EV / EBITDA18.37
Gross margin73.12%
Operating margin32.64%
Profit margin20.23%
Return on equity19.40%
Return on assets4.71%
Debt / equity278.31
Current ratio0.74
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $581.56M | $526.06M | $464.41M | $442.61M | +10.5% |
| Operating revenue | $560.67M | $507.16M | $447.55M | $428.58M | +10.6% |
| Cost of revenue | $176.50M | $158.73M | $145.55M | $143.94M | +11.2% |
| Gross profit | $405.06M | $367.33M | $318.86M | $298.68M | +10.3% |
| Selling, general & admin | $78.72M | $78.02M | $76.13M | $71.53M | +0.9% |
| Total operating expense | $229.70M | $216.71M | $185.02M | $183.44M | +6.0% |
| Operating income | $175.36M | $150.62M | $133.84M | $115.24M | +16.4% |
| Net interest income | -$65.86M | -$60.64M | -$47.93M | -$46.97M | -8.6% |
| Pre-tax income | $119.50M | $102.76M | $103.88M | $85.83M | +16.3% |
| Net income | $114.78M | $98.59M | $99.15M | $82.06M | +16.4% |
| Net income to common | $113.90M | $97.67M | $97.97M | $81.19M | +16.6% |
| Basic EPS | 1.01 | 0.89 | 0.94 | 0.78 | +13.5% |
| Diluted EPS | 0.99 | 0.88 | 0.92 | 0.77 | +12.5% |
| EBIT | $185.36M | $163.40M | $151.81M | $132.80M | +13.4% |
| EBITDA | $336.34M | $302.09M | $260.70M | $244.70M | +11.3% |
| Basic shares | 113.17M | 109.26M | 104.68M | 103.69M | +3.6% |
| Diluted shares | 114.73M | 111.08M | 106.53M | 105.64M | +3.3% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $18.13M | $46.99M | $12.78M | $212.12M | -61.4% |
| Cash & short-term investments | $18.13M | $46.99M | $21.96M | $264.57M | -61.4% |
| Total current assets | $53.53M | $46.99M | $21.96M | $264.57M | +13.9% |
| Property, plant & equipment | $83.50M | $76.10M | $77.40M | $78.64M | +9.7% |
| Goodwill & intangibles | $15.26M | -$16.53M | -$7.66M | -$30.53M | +192.3% |
| Total assets | $2.66B | $2.38B | $2.32B | $2.22B | +11.5% |
| Total current liabilities | $177.06M | $107.78M | $131.50M | $104.74M | +64.3% |
| Current debt | $44.00M | — | $13.00M | — | — |
| Long-term debt | $1.55B | $1.42B | $1.43B | $1.43B | +9.1% |
| Total debt | $1.69B | $1.51B | $1.53B | $1.52B | +11.9% |
| Total liabilities | $1.92B | $1.70B | $1.73B | $1.70B | +12.9% |
| Retained earnings | -$529.24M | -$511.82M | -$490.17M | -$485.56M | -3.4% |
| Shareholder equity | $706.48M | $652.37M | $566.78M | $491.64M | +8.3% |
| Working capital | -$123.54M | -$60.78M | -$109.54M | $159.83M | -103.2% |
| Net tangible assets | $691.22M | $668.90M | $574.45M | $522.17M | +3.3% |
| Shares issued | 115.10M | 112.74M | 108.79M | 104.50M | +2.1% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Net income | $119.50M | $102.76M | $103.88M | $85.83M | — | +16.3% |
| Depreciation & amortisation | $150.98M | $138.69M | $108.89M | $111.90M | — | +8.9% |
| Stock-based compensation | $12.73M | $11.99M | $12.51M | $12.97M | — | +6.2% |
| Change in working capital | $7.64M | $5.00M | -$3.10M | $1.75M | — | +53.0% |
| Operating cash flow | $295.37M | $260.68M | $229.61M | $213.96M | — | +13.3% |
| Investing cash flow | -$263.54M | -$178.01M | -$409.56M | -$98.82M | — | -48.0% |
| Share buybacks | — | — | — | — | $0 | — |
| Dividends paid | -$132.20M | -$120.24M | -$103.77M | -$84.21M | — | -9.9% |
| Financing cash flow | -$25.62M | -$48.34M | -$19.28M | -$64.16M | — | +47.0% |
| Free cash flow | $295.37M | $260.68M | $229.61M | $213.96M | — | +13.3% |
| End cash position | $53.53M | $46.99M | $12.78M | $212.12M | — | +13.9% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $156.39M | $150.42M | $160.30M | $145.21M | $140.69M | +4.0% |
| Operating revenue | $150.54M | $145.74M | $153.57M | $139.73M | $135.67M | +3.3% |
| Cost of revenue | $45.47M | $46.73M | $50.50M | $43.81M | $40.37M | -2.7% |
| Gross profit | $110.92M | $103.68M | $109.80M | $101.40M | $100.32M | +7.0% |
| Selling, general & admin | $20.49M | $20.09M | $22.12M | $18.61M | $18.99M | +2.0% |
| Total operating expense | $62.46M | $60.44M | $62.24M | $55.72M | $55.60M | +3.3% |
| Operating income | $48.45M | $43.24M | $47.55M | $45.68M | $44.72M | +12.0% |
| Net interest income | -$19.43M | -$19.18M | -$17.25M | -$16.44M | -$16.40M | -1.3% |
| Pre-tax income | $34.60M | $29.42M | $34.82M | $33.35M | $31.33M | +17.6% |
| Net income | $33.24M | $28.26M | $33.46M | $32.03M | $30.09M | +17.6% |
| Net income to common | $32.98M | $28.05M | $33.24M | $31.80M | $29.86M | +17.6% |
| Basic EPS | 0.29 | 0.25 | 0.29 | 0.28 | 0.27 | +16.0% |
| Diluted EPS | 0.29 | 0.24 | 0.29 | 0.28 | 0.26 | +20.8% |
| EBIT | $54.03M | $48.59M | $52.07M | $49.79M | $47.73M | +11.2% |
| EBITDA | $96.00M | $88.94M | $92.19M | $86.89M | $84.34M | +7.9% |
| Basic shares | 114.45M | 114.24M | 114.61M | 113.00M | 112.66M | +0.2% |
| Diluted shares | 115.73M | 115.45M | 116.20M | 114.57M | 114.12M | +0.2% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Cash & equivalents | $176.88M | $207.40M | $18.13M | $13.03M | $9.74M | — | -14.7% |
| Cash & short-term investments | $196.88M | $227.40M | $18.13M | $13.03M | $9.74M | — | -13.4% |
| Inventory | — | — | — | — | — | $16.63M | — |
| Total current assets | $227.89M | $263.21M | $53.53M | $50.23M | $9.74M | — | -13.4% |
| Property, plant & equipment | $82.77M | $83.14M | $83.50M | $81.74M | $75.42M | — | -0.4% |
| Goodwill & intangibles | $113.82M | $105.49M | $15.26M | $116.00M | $100.16M | — | +7.9% |
| Total assets | $2.86B | $2.83B | $2.66B | $2.64B | $2.45B | — | +0.9% |
| Total current liabilities | $107.68M | $78.44M | $177.06M | $158.53M | $178.51M | — | +37.3% |
| Current debt | — | — | $44.00M | $60.00M | $92.00M | $139.00M | — |
| Long-term debt | $1.86B | $1.87B | $1.55B | $1.55B | $1.43B | — | -0.3% |
| Total debt | $1.95B | $1.96B | $1.69B | $1.70B | $1.61B | — | -0.3% |
| Total liabilities | $2.16B | $2.14B | $1.92B | $1.90B | $1.79B | — | +1.0% |
| Retained earnings | -$538.73M | -$536.03M | -$529.24M | -$529.00M | -$527.90M | — | -0.5% |
| Shareholder equity | $673.97M | $670.48M | $706.48M | $703.65M | $635.17M | — | +0.5% |
| Working capital | $120.20M | $184.77M | -$123.54M | -$108.30M | -$168.76M | — | -34.9% |
| Net tangible assets | $560.15M | $564.99M | $691.22M | $587.65M | $535.02M | — | -0.9% |
| Shares issued | 114.88M | 114.88M | 115.10M | 115.12M | 113.17M | — | +0.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Net income | $34.60M | $29.42M | $34.82M | $33.35M | $31.33M | — | +17.6% |
| Depreciation & amortisation | $41.98M | $40.35M | $40.12M | $37.10M | $36.61M | — | +4.0% |
| Stock-based compensation | $3.59M | $3.61M | $3.26M | $3.26M | $3.29M | — | -0.5% |
| Change in working capital | $17.49M | -$36.00M | $18.46M | $4.18M | $10.70M | — | +148.6% |
| Operating cash flow | $93.46M | $36.34M | $97.63M | $74.30M | $82.01M | — | +157.2% |
| Investing cash flow | -$85.67M | -$41.28M | -$41.93M | -$36.08M | -$9.83M | — | -107.6% |
| Share buybacks | $0 | -$20.00M | — | — | $0 | $0 | +100.0% |
| Dividends paid | -$35.94M | -$35.05M | -$33.69M | -$33.14M | -$33.14M | — | -2.6% |
| Financing cash flow | -$43.09M | $194.69M | -$52.56M | $2.03M | -$72.71M | — | -122.1% |
| Free cash flow | $93.46M | $36.34M | $97.63M | $74.30M | $82.01M | — | +157.2% |
| End cash position | $207.89M | $243.21M | $53.53M | $50.23M | $9.74M | — | -14.5% |
Options analytics
Put / call volume
0.81
Call-heavy session
Put / call open interest
0.14
Positioning, not flow
Max pain
35.00
-8.4% from spot
ATM implied vol
23.8%
Nearest strike to spot
Skew (10% OTM)
+8.9%
Puts bid over calls
Call volume
58
Contracts, this expiry
Put volume
47
Contracts, this expiry
Heaviest call OI
40.00
873 contracts
Heaviest put OI
31.00
43 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.26 | 0.29 | +13.1% |
| Mar 2026 | 0.24 | 0.24 | 0.0% |
| Dec 2025 | 0.27 | 0.29 | +8.7% |
| Sep 2025 | 0.26 | 0.28 | +9.4% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.28 | 3 | $147.98M | +1.9% |
| Next quarter | 0.30 | 3 | $156.35M | -2.5% |
| Current year | 1.09 | 3 | $597.06M | +2.7% |
| Next year | 1.18 | 3 | $617.29M | +3.4% |
Analyst targets & ownership
Mean target$41.36
High target$46.00
Low target$38.00
Implied upside8.23%
Analyst count11
ConsensusHOLD
Strong buy / Buy1 / 2
Hold8
Sell / Strong sell0 / 1
Held by insiders2.42%
Held by institutions96.91%
Institutions holding505
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
38.44
-0.57% from price
SMA 20
39.61
-3.51% from price
SMA 50
40.00
-4.45% from price
SMA 100
38.11
+0.28% from price
SMA 200
36.09
+5.90% from price
EMA 12
38.79
-1.46% from price
EMA 26
39.35
-2.87% from price
EMA 50
39.26
-2.65% from price
RSI (14)
33.7
Neutral
MACD (12,26,9)
-0.56
Hist -0.17
ATR (14)
0.74
1.93% of price
Realised vol 30D
18.0%
Annualised
Bollinger upper
42.27
20, 2σ
Bollinger lower
36.95
20, 2σ
50 / 200 cross
Golden
40.00 vs 36.09
Trend bias
Above 200
+5.90%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.36
Less volatile than market
Correlation to SPY
0.22
Largely independent
Realised vol 30D
18.0%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-10.3%
Peak to trough
Max drawdown 5Y
-36.8%
Peak to trough
ATR 14
0.74
1.93% of price
Beta (reported)
1.09
5Y monthly, from filing
Short interest
Shares short
5.49M
Prior 5.19M
Change vs prior
+5.8%
Shorts adding
% of float
7.96%
Normal
% of shares out
4.78%
Against total outstanding
Days to cover
6.3
Crowded exit
Float
112.16M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Aug 18, 26 | Evercore ISI Group | MAINTAINED | In-Line | In-Line |
| Aug 17, 26 | Barclays | MAINTAINED | Equal-Weight | Equal-Weight |
| Aug 11, 26 | Citigroup | MAINTAINED | Neutral | Neutral |
| Aug 5, 26 | Evercore ISI Group | MAINTAINED | In-Line | In-Line |
| Jul 7, 26 | Evercore ISI Group | MAINTAINED | In-Line | In-Line |
| Jun 18, 26 | Scotiabank | MAINTAINED | Sector Perform | Sector Perform |
| Jun 17, 26 | Deutsche Bank | MAINTAINED | Hold | Hold |
| Jun 16, 26 | B of A Securities | DOWNGRADE | Neutral | Underperform |
| Jun 15, 26 | BMO Capital | MAINTAINED | Market Perform | Market Perform |
| Jun 10, 26 | Ladenburg Thalmann | MAINTAINED | Buy | Buy |
| May 19, 26 | Scotiabank | MAINTAINED | Sector Perform | Sector Perform |
| May 12, 26 | Barclays | MAINTAINED | Equal-Weight | Equal-Weight |
Dividends & splits
Forward rate$1.25 / yr
Forward yield3.27%
5-year avg yield3.80%
Payout ratio109.17%
Ex-dividend dateJul 31, 2026
Next pay dateAug 14, 2026
Last split2:1
Split dateJan 25, 2011
SEC filings
Periodic Financial Reports
10-Q · 2026-08-06
Corporate Changes & Voting Matters
8-K · 2026-08-04
Corporate Changes & Voting Matters
8-K · 2026-05-08
Periodic Financial Reports
10-Q · 2026-05-04
Corporate Changes & Voting Matters
8-K · 2026-04-30
Annual Report to Shareholders
ARS · 2026-03-26
Periodic Financial Reports
10-K · 2026-02-26
Corporate Changes & Voting Matters
8-K · 2026-02-24
Headlines
Tanger (SKT) Q2 2026 Earnings Call Transcript
Motley Fool · 11d ago
Tanger (SKT) Stock Looks Below Fair Value On Cash Flow But Full On Earnings
Simply Wall St. · 13d ago
Tanger (SKT) Stock Gets Fair Value Bump As Analysts Lift Targets After Q2
Simply Wall St. · 13d ago
Tanger (SKT) Raised Guidance, Is The Stock Still Below Fair Value?
Simply Wall St. · 14d ago
Tanger Q2 Earnings Call Highlights
MarketBeat · 14d ago
Why Tanger (SKT) is a Top Dividend Stock for Your Portfolio
Zacks · 16d ago
Tanger Raises Outlook as Travel and Back-to-School Drive Gains
CRE Daily · 17d ago
Tanger Inc (SKT) (Q2 2026) Earnings Call Highlights: Strong FFO Growth and Raised Guidance ...
GuruFocus.com · 17d ago
PRIVATE STRATEGY · BY QUALIFICATION
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