Tanger (NYSE:SKT) Posts Earnings Results

Tanger (NYSE:SKT) announced its quarterly earnings data on Tuesday. The real estate investment trust reported $0.63 EPS for the quarter, beating analysts’ consensus estimates of $0.59 by $0.04, Briefing.com reports. Tanger had a return on equity of 15.75% and a net margin of 19.15%.The business had revenue of $150.95 million during the quarter, compared to the consensus estimate of $143.42 million. During the same quarter in the previous year, the business earned $0.54 earnings per share. The business’s revenue for the quarter was up 13.9% on a year-over-year basis. Tanger updated its FY 2026 guidance to 2.410-2.490 EPS.

Tanger Stock Up 5.9%

Shares of SKT traded up $2.09 during mid-day trading on Wednesday, reaching $37.65. 1,440,052 shares of the stock traded hands, compared to its average volume of 1,166,673. The stock has a fifty day simple moving average of $33.72 and a 200 day simple moving average of $33.46. Tanger has a 12-month low of $28.69 and a 12-month high of $37.66. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 2.20. The firm has a market cap of $4.33 billion, a price-to-earnings ratio of 40.06, a P/E/G ratio of 1.57 and a beta of 1.18.

Tanger Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Friday, January 30th were paid a dividend of $0.2925 per share. The ex-dividend date was Friday, January 30th. This represents a $1.17 dividend on an annualized basis and a dividend yield of 3.1%. Tanger’s dividend payout ratio (DPR) is currently 124.47%.

More Tanger News

Here are the key news stories impacting Tanger this week:

• Positive Sentiment: Management issued robust FY2026 EPS guidance of $2.410–$2.490 versus the prior consensus near $1.64, a meaningful upward revision that drove investor optimism and re-rates valuation expectations. Tanger Outlets Q4 Net Income Climbs on Robust Demand
• Positive Sentiment: Funds from operations (FFO) beat estimates: FFO was $0.63 vs. Zacks consensus $0.59, up from $0.54 a year ago — a sign of operating strength and cash available for dividends/returns. Tanger (SKT) Q4 FFO and Revenues Top Estimates
• Positive Sentiment: Revenue and net income climbed: Q4 revenue rose ~13.9% YoY to $150.95M and net income gains were attributed to robust retailer demand — supports continued cash flow improvement. Tanger Outlets Q4 Net Income Climbs on Robust Demand
• Positive Sentiment: Zacks highlights Tanger as a compelling dividend stock today — the FFO beat, stable center fundamentals and raised guidance underpin dividend coverage and income appeal. Why Tanger (SKT) is a Great Dividend Stock Right Now
• Neutral Sentiment: Investors can review the full earnings call transcript and slide presentation for details on occupancy, lease spreads and redevelopment cadence — useful for assessing sustainability of cash flow. Tanger (SKT) Q4 2025 Earnings Call Transcript Tanger Inc. 2025 Q4 – Results – Earnings Call Presentation
• Negative Sentiment: GAAP EPS missed the quarter: reported EPS $0.29 vs. consensus $0.59 (a sizable miss), which introduces short-term skepticism until investors reconcile GAAP results with FFO and guidance. Tanger earnings summary and transcript

Hedge Funds Weigh In On Tanger

Institutional investors have recently added to or reduced their stakes in the company. Mariner LLC acquired a new position in Tanger in the fourth quarter worth about $263,000. Virtus Advisers LLC bought a new position in Tanger during the 4th quarter worth approximately $155,000. Cibc World Markets Corp acquired a new position in shares of Tanger in the 4th quarter worth approximately $247,000. CIBC Asset Management Inc bought a new stake in shares of Tanger in the 4th quarter valued at approximately $200,000. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of Tanger by 5.5% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 5,877 shares of the real estate investment trust’s stock valued at $199,000 after acquiring an additional 306 shares during the last quarter. Institutional investors and hedge funds own 85.23% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on SKT shares. Citigroup reaffirmed a “neutral” rating and set a $35.00 price target (down from $38.00) on shares of Tanger in a research report on Wednesday, November 19th. Scotiabank upped their price objective on Tanger from $33.00 to $34.00 and gave the stock a “sector perform” rating in a report on Wednesday, January 14th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Tanger in a research report on Wednesday, January 21st. Barclays restated a “positive” rating and set a $36.00 price target on shares of Tanger in a research note on Tuesday, January 13th. Finally, LADENBURG THALM/SH SH raised Tanger to a “strong-buy” rating in a research note on Thursday, November 20th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $36.00.

About Tanger

Tanger Factory Outlet Centers, Inc (NYSE: SKT) is a real estate investment trust specializing in the ownership, development and management of outlet shopping centers. The company’s portfolio comprises more than 40 outlet properties anchored by leading fashion and lifestyle brands. Tanger’s centers are designed to offer off-price retail experiences in open-air, community-oriented settings, providing value-focused shoppers with access to premium brands at reduced prices.

Founded in 1981 by Stanley K.