Tanger Inc. (NYSE:SKT) Given Consensus Recommendation of “Hold” by Analysts

Posted by Brian Himes on May 23rd, 2026

Shares of Tanger Inc. (NYSE:SKT – Get Free Report) have earned an average rating of “Hold” from the eight ratings firms that are presently covering the stock, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation, one has given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is $37.4286.

A number of equities research analysts have recently weighed in on the company. Weiss Ratings reissued a “buy (b)” rating on shares of Tanger in a research note on Monday, April 20th. Barclays boosted their target price on Tanger from $38.00 to $41.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 12th. Scotiabank boosted their target price on Tanger from $36.00 to $37.00 and gave the company a “sector perform” rating in a research note on Tuesday. Evercore set a $37.00 target price on Tanger in a research note on Friday, May 1st. Finally, Bank of America reissued a “neutral” rating and issued a $39.00 target price on shares of Tanger in a research note on Friday, March 6th.

Get Our Latest Research Report on Tanger

Tanger Trading Down 0.9%

NYSE SKT opened at $35.47 on Monday. Tanger has a 1-year low of $28.69 and a 1-year high of $37.95. The company has a current ratio of 3.36, a quick ratio of 3.36 and a debt-to-equity ratio of 2.67. The stock has a 50-day moving average of $35.65 and a 200-day moving average of $34.55. The firm has a market cap of $4.07 billion, a PE ratio of 33.15, a price-to-earnings-growth ratio of 1.70 and a beta of 1.14.

Tanger (NYSE:SKT – Get Free Report) last released its earnings results on Thursday, April 30th. The real estate investment trust reported $0.24 earnings per share for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.04). Tanger had a net margin of 20.76% and a return on equity of 17.53%. The company had revenue of $150.42 million during the quarter, compared to the consensus estimate of $142.94 million. During the same period last year, the firm posted $0.53 EPS. The company’s revenue was up 11.1% on a year-over-year basis. Tanger has set its FY 2026 guidance at 2.420-2.500 EPS. As a group, sell-side analysts forecast that Tanger will post 2.46 EPS for the current year.

Tanger Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Thursday, April 30th were given a dividend of $0.3125 per share. This represents a $1.25 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend was Thursday, April 30th. This is a positive change from Tanger’s previous quarterly dividend of $0.29. Tanger’s dividend payout ratio is currently 116.82%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of SKT. Freestone Grove Partners LP raised its position in Tanger by 6,634.5% during the 4th quarter. Freestone Grove Partners LP now owns 1,184,674 shares of the real estate investment trust’s stock valued at $39,533,000 after purchasing an additional 1,167,083 shares during the last quarter. Schonfeld Strategic Advisors LLC raised its position in Tanger by 2,190.0% during the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 832,777 shares of the real estate investment trust’s stock valued at $28,181,000 after purchasing an additional 796,411 shares during the last quarter. Vanguard Group Inc. raised its position in Tanger by 4.6% during the 4th quarter. Vanguard Group Inc. now owns 17,949,640 shares of the real estate investment trust’s stock valued at $598,979,000 after purchasing an additional 789,935 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in Tanger during the 4th quarter valued at approximately $25,364,000. Finally, American Century Companies Inc. raised its position in Tanger by 1,459.4% during the 3rd quarter. American Century Companies Inc. now owns 787,880 shares of the real estate investment trust’s stock valued at $26,662,000 after purchasing an additional 737,354 shares during the last quarter. Institutional investors own 85.23% of the company’s stock.

About Tanger

(Get Free Report)

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.