YOLFTbeta
Tanger Factory Outlet Centers Inc

Tanger Factory Outlet Centers Inc

SKT · NYSE · Real Estate / REIT - Retail

39.50USD-0.19 (-0.48%)

Price History

Full chart

Market Stats

Previous Close39.69
Open39.87
Day Range39.38 – 39.97
52-Week Range30.63 – 42.21
Volume594.70K
Market Cap4.15B
P/E (TTM)31.86
Forward P/E31.25
EPS1.09
Dividend Yield3.60%
Beta1.08
50-Day Avg38.61
200-Day Avg36.48

About

Tanger Inc. is a leading owner and operator of outlet and other open-air retail shopping destinations, with 45 years of expertise in the retail and outlet shopping industries. Tanger's portfolio of 38 outlet centers and four open-air lifestyle centers includes nearly 17 million square feet well positioned across tourist destinations and vibrant markets in 22 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 800 different brand name companies. Tanger is furnishing a Form 8-K with the SEC that includes a supplemental information package for the quarter ended June 30, 2026. Tanger Inc. was established in 1981 and was incorporated in North Carolina.

Company Details

  • SectorReal Estate
  • IndustryREIT - Retail
  • CEOMr. Stephen J. Yalof
  • Employees407
  • Headquarters3200 Northline Avenue, Greensboro, NC, United States, 27408-7612, USA
  • Websitehttps://www.tanger.inc

Leadership

  • Mr. Stephen J. YalofPresident, CEO & Director · b. 1963
  • Mr. Michael Jason BilermanExecutive VP, CFO & Chief Investment Officer · b. 1975
  • Ms. Leslie A. Swanson GallardoExecutive VP & COO · b. 1971
  • Ms. Jessica K. Norman J.D.Executive VP, Chief Administrative Officer, General Counsel & Secretary · b. 1982
  • Mr. Justin C. SteinExecutive VP & Chief Revenue Officer · b. 1980
  • Mr. Thomas J. Guerrieri Jr.Senior VP & Chief Accounting Officer · b. 1973
  • Ms. Talia M. FineSenior Vice President of Technology
  • Ms. Regina CampbellSenior Vice President of Marketing
  • Joshua D. CoxSenior Vice President of Tax
  • Mr. Steve M. DworkinSenior Vice President of Real Estate

Financials

Income Statement

Currency: USD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue30.30M46.00M68.60M75.50M85.30M97.09M99.95M98.57M111.07M102.00M112.75M194.55M202.80M210.96M228.76M245.39M270.60M276.30M315.22M357.00M384.82M418.56M439.37M465.83M488.23M494.68M478.35M389.99M426.52M442.61M464.41M526.06M581.56M
Growth (%)-+51.82%+49.13%+10.06%+12.98%+13.83%+2.95%-1.38%+12.68%-8.17%+10.54%+72.56%+4.24%+4.03%+8.44%+7.27%+10.27%+2.11%+14.09%+13.25%+7.79%+8.77%+4.97%+6.02%+4.81%+1.32%-3.30%-18.47%+9.37%+3.77%+4.92%+13.28%+10.55%
Cost of Revenue-------67.21M71.44M74.06M78.92M124.03M64.09M68.70M74.38M81.90M87.34M92.90M100.25M111.16M121.05M137.42M146.50M152.02M155.24M160.46M157.73M137.13M140.74M143.94M145.55M158.73M176.50M
Gross Profit30.30M46.00M68.60M75.50M85.27M97.77M104.02M108.82M111.07M113.17M121.97M194.55M138.71M143.01M154.38M163.49M183.26M183.41M214.98M245.84M263.77M281.14M292.87M313.82M333.00M334.22M320.61M252.86M285.79M298.68M318.86M367.33M405.06M
Gross Margin100.00%100.00%100.00%100.00%99.97%100.69%104.06%110.40%100.00%110.95%108.18%100.00%68.40%67.79%67.48%66.63%67.72%66.38%68.20%68.86%68.54%67.17%66.66%67.37%68.20%67.56%67.03%64.84%67.00%67.48%68.66%69.83%69.65%
Operating Expense-14.00M-24.30M-37.80M45.48M50.85M60.63M62.71M69.01M71.44M74.06M78.92M124.03M62.49M73.91M82.82M84.59M118.53M103.77M117.04M136.26M135.88M149.27M148.41M162.54M172.28M240.71M41.58M162.82M175.82M183.44M185.02M216.71M229.70M
Operating Income44.30M70.30M106.40M30.02M34.42M37.14M41.31M39.81M39.63M39.10M43.05M70.53M76.22M69.10M71.56M78.90M64.73M79.63M97.94M109.58M127.89M131.86M144.46M151.28M160.72M93.51M279.03M90.03M109.96M115.24M133.84M150.62M175.36M
Operating Margin146.20%152.83%155.10%39.76%40.35%38.25%41.33%40.39%35.68%38.34%38.18%36.25%37.58%32.75%31.28%32.15%23.92%28.82%31.07%30.70%33.24%31.50%32.88%32.47%32.92%18.90%58.33%23.09%25.78%26.04%28.82%28.63%30.15%
EBITDA49.70M79.10M121.70M46.47M52.86M63.05M65.29M61.97M68.20M65.19M70.45M122.53M124.86M126.42M135.52M141.23M145.23M157.67M181.95M205.09M223.64M234.29M248.40M266.63M288.47M132.59M266.77M142.27M172.43M244.70M260.70M302.09M336.34M
EBITDA Margin164.03%171.96%177.41%61.55%61.97%64.94%65.32%62.87%61.40%63.91%62.49%62.98%61.57%59.92%59.24%57.55%53.67%57.06%57.72%57.45%58.12%55.98%56.53%57.24%59.08%26.80%55.77%36.48%40.43%55.29%56.14%57.42%57.83%
Net Income1.90M11.20M11.20M11.19M12.80M11.83M15.59M4.31M7.11M11.01M12.85M7.05M5.09M37.31M28.58M25.79M58.02M34.25M44.64M53.23M107.56M74.01M211.20M193.74M68.00M43.66M87.86M-36.28M9.12M82.06M99.15M98.59M114.78M
Net Income Margin6.27%24.35%16.33%14.82%15.01%12.18%15.60%4.37%6.40%10.79%11.40%3.62%2.51%17.69%12.49%10.51%21.44%12.40%14.16%14.91%27.95%17.68%48.07%41.59%13.93%8.82%18.37%-9.30%2.14%18.54%21.35%18.74%19.74%
R&D-----------------0158.00K00000.440.150.090.20.09-0.190.19--
R&D as % of Total Revenue-----------------0.00%0.05%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-0.00%0.00%--
Interest Expense00000000000042.93M40.77M40.07M38.44M37.68M34.12M45.38M49.81M51.62M57.93M54.19M60.67M64.83M64.82M61.67M63.14M52.87M46.97M47.93M60.64M65.86M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%21.17%19.33%17.51%15.67%13.93%12.35%14.40%13.95%13.41%13.84%12.33%13.02%13.28%13.10%12.89%16.19%12.39%10.61%10.32%11.53%11.32%

Balance Sheet

Currency: USD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets182.40M294.80M315.10M332.14M416.01M471.80M490.07M487.41M476.27M477.68M987.44M936.38M1.00B1.04B1.06B1.12B1.18B1.22B1.62B1.67B2.01B2.10B2.33B2.53B2.54B2.38B2.29B2.19B2.16B2.22B2.32B2.38B2.66B
Total Liabilities31.70M147.30M172.70M195.88M255.49M322.43M349.01M369.43M378.39M363.41M562.69M516.95M701.02M727.18M777.34M864.48M657.80M795.04M1.09B1.16B1.45B1.57B1.72B1.82B1.93B1.88B1.83B1.83B1.66B1.70B1.73B1.70B1.92B
Total Equity150.70M118.20M114.80M110.66M136.65M114.04M107.76M90.88M76.37M90.64M167.42M161.13M250.21M274.68M282.94M228.06M462.67M366.93M460.56M482.61M527.22M496.82M606.03M705.44M612.30M505.54M456.11M358.88M499.79M513.93M566.78M652.37M706.48M
Cash---2.58M3.61M6.33M503.00K634.00K515.00K1.07M9.84M4.10M2.93M8.45M2.41M4.98M3.27M5.76M7.89M10.34M15.24M16.88M21.56M12.22M6.10M9.08M16.67M84.83M161.25M212.12M12.78M46.99M18.13M
Total Debt20.30M121.30M156.70M178.00M229.05M375.27M420.30M482.16M534.93M519.43M910.48M488.01M663.61M678.58M706.35M795.32M584.61M714.62M1.03B1.09B1.33B1.44B1.74B1.75B1.97B1.85B2.80B2.80B2.52B2.55B1.53B1.51B1.69B
Net Debt20.30M121.30M156.70M175.42M225.44M368.94M419.80M481.52M534.42M518.35M900.64M483.90M660.68M670.13M703.93M790.34M581.34M708.86M1.02B1.08B1.31B1.43B1.54B1.68B1.76B1.70B1.64B1.57B1.32B1.30B1.51B1.46B1.67B

Cash Flow

Currency: USD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow11.60M21.30M32.40M38.05M39.21M35.79M43.17M38.30M44.63M39.17M44.79M84.82M83.90M88.39M98.59M96.97M127.30M118.50M135.99M165.76M187.49M188.77M220.75M239.32M253.16M258.32M220.45M164.75M217.72M213.96M229.61M264.44M295.37M
Investing Cash Flow-49.30M-143.70M-44.80M-36.40M-93.64M-79.24M-45.96M-25.70M-23.27M-26.36M-325.29M2.61M-336.56M-62.83M--133.48M-76.23M-86.85M-361.08M-147.91M-174.23M-190.67M-221.83M-45.50M-117.55M-40.02M128.50M128.50M-22.74M-98.82M-409.56M-181.69M-263.54M
Financing Cash Flow81.30M80.70M13.80M-4.18M55.44M46.17M-3.04M-12.47M-21.48M-12.25M289.27M-93.16M251.49M-20.04M-19.83M39.08M-52.78M-29.16M227.22M-15.41M-7.07M4.06M6.85M-203.47M-141.68M-215.20M-312.13M-77.59M-118.38M-64.16M-19.28M-48.41M-25.62M
Capital Expenditure49.40M142.40M43.80M36.58M93.64M81.80M51.59M38.29M21.99M44.98M335.48M17.81M47.31M82.19M88.12M131.91M46.62M75.46M326.52M41.28M7.77M1.05M17.43M58.73M64.36M56.72M47.88M30.44M3.17M84.75M10.77M108.04M96.03M
Free Cash Flow-37.80M-121.10M-11.40M1.48M-54.42M-46.01M-8.41M9.00K22.64M-5.81M-290.69M67.01M36.59M6.20M10.47M-34.94M80.67M118.50M-190.53M165.76M179.72M187.72M203.32M180.58M188.80M201.60M220.45M164.75M217.72M213.96M218.84M156.40M295.37M
Dividends Paid2.60M13.30M14.80M21.82M23.60M20.42M20.90M20.99M21.09M21.96M25.10M33.81M36.32M46.79M49.98M52.94M68.60M68.74M66.53M76.90M87.21M90.45M104.88M141.09M130.17M131.24M132.66M66.56M72.42M84.21M103.77M120.24M132.20M
FCF to OCF-325.86%-568.54%-35.19%3.88%-138.78%-128.57%-19.48%0.02%50.73%-14.83%-649.06%79.00%43.61%7.02%10.62%-36.03%63.37%100.00%-140.10%100.00%95.86%99.44%92.10%75.46%74.58%78.04%100.00%100.00%100.00%100.00%95.31%59.14%100.00%
Dividend Paid to FCF-6.88%-10.98%-129.82%1478.66%-43.36%-44.38%-248.53%233177.78%93.13%-377.93%-8.64%50.46%99.26%754.62%477.25%-151.54%85.04%58.01%-34.92%46.39%48.53%48.18%51.58%78.13%68.94%65.10%60.18%40.40%33.26%39.36%47.42%76.88%44.76%

Earnings

Report DateMar 31, 1998Jun 30, 1998Sep 30, 1998Dec 31, 1998Mar 31, 1999Jun 30, 1999Sep 30, 1999Dec 31, 1999Apr 26, 2000Jul 25, 2000Oct 31, 2000Jan 29, 2001Apr 24, 2001Jul 31, 2001Nov 14, 2001Feb 26, 2002Mar 31, 2002Jun 30, 2002Oct 29, 2002Feb 26, 2003May 6, 2003Jul 29, 2003Oct 28, 2003Feb 24, 2004Apr 28, 2004Jul 27, 2004Oct 26, 2004Mar 1, 2005Apr 26, 2005Jul 26, 2005Oct 20, 2005Feb 28, 2006Apr 25, 2006Jul 26, 2006Oct 24, 2006Feb 20, 2007Apr 30, 2007Aug 2, 2007Oct 30, 2007Feb 12, 2008Apr 30, 2008Jul 29, 2008Oct 28, 2008Feb 17, 2009Apr 23, 2009Jul 28, 2009Oct 27, 2009Feb 23, 2010Apr 27, 2010Jul 27, 2010Oct 26, 2010Feb 22, 2011Apr 26, 2011Aug 2, 2011Oct 25, 2011Feb 14, 2012Apr 24, 2012Jul 31, 2012Oct 30, 2012Feb 12, 2013Apr 30, 2013Jul 30, 2013Oct 29, 2013Feb 11, 2014Apr 29, 2014Aug 5, 2014Oct 28, 2014Feb 10, 2015Apr 28, 2015Aug 4, 2015Oct 27, 2015Feb 9, 2016Apr 26, 2016Jul 26, 2016Oct 25, 2016Feb 14, 2017May 1, 2017Aug 1, 2017Nov 7, 2017Feb 13, 2018May 1, 2018Jul 31, 2018Nov 1, 2018Feb 13, 2019May 6, 2019Jul 31, 2019Oct 30, 2019Jan 27, 2020May 11, 2020Aug 5, 2020Nov 5, 2020Feb 17, 2021May 5, 2021Aug 3, 2021Nov 1, 2021Feb 17, 2022May 5, 2022Aug 8, 2022Nov 2, 2022Feb 21, 2023Apr 27, 2023Aug 3, 2023Nov 6, 2023Feb 15, 2024Apr 30, 2024Aug 1, 2024Nov 6, 2024Feb 13, 2025Apr 30, 2025Aug 4, 2025Nov 4, 2025Feb 24, 2026Apr 30, 2026Aug 4, 2026Nov 4, 2026
EPS Estimate--------0.220.220.090.130.070.080.100.12--0.06-0.03-0.09---0.03-0.010.040.09-0.080.030.100.140.090.040.090.140.090.040.130.100.080.10-0.070.120.09-0.020.130.120.130.130.170.170.080.120.150.190.150.160.200.220.160.170.220.240.200.200.250.230.270.240.260.260.230.230.220.280.240.220.230.250.530.220.210.220.17-0.01-0.04-0.040.070.020.100.170.140.190.190.180.130.180.220.210.200.200.220.200.220.220.260.260.240.620.63
EPS Actual0.100.090.080.040.060.070.130.170.07-0.060.070.010.020.030.040.090.030.050.060.140.050.050.080.110.020.070.020.080.020.070.08-0.010.030.080.100.120.030.080.110.140.09-0.000.140.130.070.080.030.140.020.140.140.150.120.130.150.150.090.120.160.190.160.180.270.230.160.200.240.250.360.260.460.220.280.250.240.250.240.230.200.330.240.240.270.280.200.150.250.26-0.30-0.210.110.230.080.160.210.190.190.190.220.170.210.230.260.220.220.220.220.230.200.260.280.290.240.64-
Surprise---------68.18%-127.27%-22.22%-92.31%-71.43%-62.50%-60.00%-25.00%--0.00%-66.67%--11.11%----33.33%-100.00%75.00%-11.11%--62.50%166.67%0.00%-14.29%-66.67%100.00%22.22%0.00%0.00%-104.75%7.69%30.00%-12.50%-20.00%142.86%16.67%-77.78%800.00%7.69%25.00%-7.69%0.00%-11.76%-11.76%12.50%0.00%6.67%0.00%6.67%12.50%35.00%4.55%0.00%17.65%9.09%4.17%80.00%30.00%84.00%-4.35%3.70%4.17%-7.69%-3.85%4.35%0.00%-9.09%17.86%0.00%9.09%17.39%12.00%-62.26%-31.82%19.05%18.18%-276.47%-2000.00%375.00%675.00%14.29%700.00%110.00%11.76%35.71%0.00%15.79%-5.56%61.54%27.78%18.18%4.76%10.00%10.00%0.00%12.52%-9.09%18.18%7.69%11.71%0.00%3.23%-
Timing--------Pre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursPre-market--Pre-market-Pre-market-Pre-market---After-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-After-hoursAfter-hours---After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap4.15B
Enterprise Value5.84B
Trailing P/E31.86
Forward P/E31.25
PEG Ratio4.14
Price / Sales6.61
Price / Book6.07
EPS1.09
Book Value5.87
Revenue (TTM)627.75M
Gross Profit (TTM)459.03M
EBITDA337.00M
Profit Margin20.23%
Operating Margin32.64%
Return on Equity19.40%
Return on Assets4.72%
Shares Outstanding114.88M
Shares Float112.16M
Beta1.08
Dividend Yield3.60%
Dividend Rate1.25
Payout Ratio83.59%

Analyst Ratings

Buy
Based on 10 analystsTarget 41.10
  • Strong Buy
    3
  • Buy
    2
  • Hold
    5

Ownership Breakdown

Institutions
97.07%
Insiders
2.42%
Retail / Other
0.51%

Top Institutional Holders

  • BlackRock Inc
    20.63M17.96%
  • FMR Inc
    14.98M13.04%
  • Vanguard Portfolio Management, LLC
    11.94M10.39%
  • State Street Corp
    6.49M5.65%
  • Vanguard Capital Management, LLC
    5.16M4.49%
  • Geode Capital Management, LLC
    2.99M2.60%
  • Amvescap Plc.
    2.38M2.07%
  • Charles Schwab Investment Management Inc
    2.18M1.89%
  • Northern Trust Corp
    1.99M1.73%
  • Dimensional Fund Advisors, Inc.
    1.69M1.47%
  • UBS Group AG
    1.42M1.23%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    6.99M6.09%
  • Vanguard Real Estate Index Investor
    4.32M3.76%
  • Vanguard MStar Total Stk Mkt Idx Invest
    3.48M3.03%
  • iShares Russell 2000 ETF
    2.86M2.49%
  • Fidelity Series Stk Selec Lg Cp Val
    2.69M2.34%
  • Vanguard Small Cap Index
    2.51M2.19%
  • Fidelity Low-Priced Stock
    1.83M1.59%
  • Vanguard MStar Small Cap Value Index
    1.59M1.39%
  • Fidelity Small Cap Index
    1.25M1.09%

Dividends

20264×
0.31Oct 30, 20260.31Jul 31, 20260.31Apr 30, 20260.29Jan 30, 2026
20254×
0.29Oct 31, 20250.29Jul 31, 20250.29Apr 30, 20250.28Jan 31, 2025
20244×
0.28Oct 31, 20240.28Jul 31, 20240.28Apr 29, 20240.26Jan 30, 2024
20234×
0.26Oct 30, 20230.24Jul 28, 20230.24Apr 27, 20230.22Jan 30, 2023
20224×
0.22Oct 28, 20220.20Jul 28, 20220.20Apr 28, 20220.18Jan 28, 2022
20214×
0.18Oct 28, 20210.18Jul 29, 20210.18Apr 29, 20210.18Jan 28, 2021

Stock Splits

  • Jan 25, 20112:1
  • Dec 29, 20042:1