Tanger Inc. reported results; made a public disclosure
SEC 8-KRead source ↗
Tanger Inc. is a US-listed company in the retail REITs industry. Its financial year ends in December.
Who’s trading
What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.
- Insiders0 buying, 4 selling0 purchases and 4 sales by directors and officers, last 12 monthsInsider trades
- Funds165 adding, 153 cuttingOf 45 active managers that changed their stake, 24 added; quarter to June 30, 2026Fund buyers and sellers
The Fundamentalytics view
Current signal Results well ahead of expectations: Reported earnings per share beat the analysts' consensus estimate by 13% in the quarter to 2026-06-30, the 3rd beat in the last four quarters.
Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.
Highlights
How we pick theseStrengths
Nothing in Tanger Inc.'s latest figures clears our strength thresholds.
Things to watch
- Results due soon. Results are expected around 3 November; the share price can move sharply on the day.
- Heavily shorted. 10.6% of the shares available to trade are sold short (7.1 days of average volume to cover).
Latest results
- Earnings per share
- $0.29 against an average estimate of $0.26: beat by 13.1%
- Share reaction
- -0.5% in the first session after the results on August 4, 2026, against +1.6% for the S&P 500
- Next report
- November 4, 2026; average EPS estimate $0.28
Price chart
- 1 day+0.1%
- 1 week+3.9%
- 1 month+8.5%
- This year+16.9%
- 1 year+19.1%
- 5 years+117.5%
- S&P 500 this year+11.2%
Loading chart…
Third-party market data · may be delayed
At a glance
Earnings
- Last results
- August 4, 2026
- Next results (est.)
- November 3, 2026
News & updates
Company announcements, filed results and changes that matter to shareholders.
- Results
No model value for Tanger Inc. at the moment. Current status: limited reported history: available models are shown without a Buy/Hold/Sell rating. Available reported financials are shown below.
Valuation models
We value Tanger Inc. as an equity reit, with every model that fits that kind of business. Cost of equity 8%: the 10-year Treasury yield (4.9%) plus a beta of 0.69 times a 4.5% equity risk premium.
| Model | Value per share | In the combined value? |
|---|---|---|
| Funds-from-operations model Funds from operations growing 2.5% a year, discounted at 8%. | — | Does not apply: funds from operations not available or not positive |
| Price-to-FFO vs peers Funds from operations per share times peers' typical (harmonic-mean) price-to-FFO. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Dividend discount (growing dividend) Today's dividend growing 2.5% a year, discounted at the cost of equity. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Combined value Weighted average of the models that apply: the primary model (funds-from-operations model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. | — | No model applies: the filings don’t yet support a value. |
Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Tanger Inc. with equity REITs in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.
Moat
Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.
Forecasts and guidance
Next results: November 4, 2026, after the close. Analysts expect revenue of $149m and EPS of $0.28 (range $0.26 to $0.29) for the quarter.
Analysts' consensus
| Fiscal year | EPS | Growth | Revenue | Growth |
|---|---|---|---|---|
| Current | $1.10 | +7% | $602m | +4% |
| Next | $1.18 | +8% | $623m | +3% |
Next year's EPS estimate has moved −2.1% in 90 days, across 2 analysts.
How the EPS forecast has moved
The consensus EPS forecast for the current fiscal year is −0.0% on 90 days ago. In the last 30 days, 0 analysts raised Tanger Inc.'s forecast and 1 cut it.
Average of analysts' published estimates (third-party data).
View chart data
| Period | Current fiscal year | Next fiscal year |
|---|---|---|
| 90 days ago | $1.10 | $1.21 |
| 60 days ago | $1.09 | $1.18 |
| 30 days ago | $1.10 | $1.20 |
| 7 days ago | $1.10 | $1.20 |
| Now | $1.10 | $1.18 |
Earnings against estimates
| Quarter to | Estimate | 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% |
| Sept 2025 | $0.26 | $0.28 | +9.4% |
Adjusted EPS as companies report it, against the average analyst estimate.
Positioning
- Short interest
- 10.6% of tradable shares
- Days to cover
- 7.08 at average volume
- Short interest, 1 month
- +7% to October 15, 2026
- Held by institutions
- 97% of shares
- Held by insiders
- 2.4% of shares
- Employees
- 407 full time
Share-price performance
Market data may be delayedReturn and risk by year
| Calendar year | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 to date |
|---|---|---|---|---|---|---|
| Return | ||||||
| SKT | +102% | −2% | +62% | +28% | +1% | +17% |
| Industry peers (median) | +46% | −14% | +6% | +15% | −3% | +11% |
| S&P 500 | +29% | −18% | +26% | +25% | +18% | +11% |
| Months that ended higher | ||||||
| SKT | 58% | 42% | 75% | 58% | 33% | 55% |
| S&P 500 | 75% | 42% | 67% | 75% | 75% | 46% |
| Largest fall from a high during the year | ||||||
| SKT | −27% | −29% | −13% | −12% | −19% | −18% |
| S&P 500 | −5% | −25% | −10% | −8% | −19% | −9% |
Worst fall since November 2, 2015: 87% from July 29, 2016 to April 3, 2020. Getting back needed a 689% gain, reached on December 18, 2023, 1354 days after the low.
Price behaviour
- 52-week range
- $30.86 – $41.44
- From 52-week high
- −8.9%
- vs 50-day average
- +5.5%
- vs 200-day average
- +4.5%
- Volatility (1 year)
- 21%
- Beta vs S&P 500
- 0.21
Share price after results
- Next day
- 7 up, 5 down typical move ±4.1%
- After a week
- 7 up, 5 down typical move ±4.4%
- After a month
- 5 up, 7 down typical move ±6.5%
| Results released | Next day | S&P 500 next day | 5 days | 21 days |
|---|---|---|---|---|
| August 4, 2026 | −0.5% | +1.6% | −5.4% | −7.5% |
| April 30, 2026 | −0.2% | +1.3% | −0.3% | −2.8% |
| February 24, 2026 | +5.6% | +1.6% | +4.9% | −4.7% |
| November 4, 2025 | +3.4% | −0.8% | +6.0% | −1.6% |
| August 4, 2025 | +9.4% | +1.0% | +7.1% | +15.1% |
| April 30, 2025 | −3.8% | +0.7% | −4.2% | −4.2% |
| February 19, 2025 | +3.5% | −0.2% | +1.7% | −7.2% |
| November 6, 2024 | +5.9% | +3.3% | +6.4% | +8.4% |
| August 1, 2024 | −3.2% | −3.3% | −5.5% | +5.3% |
| April 30, 2024 | −4.1% | −1.9% | −1.6% | −4.2% |
| February 15, 2024 | +6.9% | +0.2% | +7.5% | +6.0% |
| November 6, 2023 | +2.9% | +0.5% | +1.7% | +11.3% |
Fundamentals
Who owns it
Funds buying and selling- Reported value
- $4.3B
- Institutions reporting
- 356
- Shares held vs prior quarter
- ▲ 2.2%
- Positions opened / closed
- 42 / 31
| Manager | Value | Shares | Share of 13F value | Shares QoQ |
|---|---|---|---|---|
| Blackrock, Inc. | $877M | 22.2M | 20.6% | ▲ 7.7% |
| FMR LLC | $649M | 16.4M | 15.2% | ▲ 9.7% |
| Vanguard Portfolio Management LLC | $465M | 11.8M | 10.9% | ▼ 1.3% |
| State Street Corp | $257M | 6.5M | 6.0% | ▲ 0.5% |
| Vanguard Capital Management LLC | $197M | 5.0M | 4.6% | ▼ 3.3% |
| Geode Capital Management, LLC | $124M | 3.1M | 2.9% | ▲ 5.4% |
| Charles Schwab Investment Management Inc | $89.3M | 2.3M | 2.1% | ▲ 4.0% |
| Northern Trust Corp | $83.1M | 2.1M | 1.9% | ▲ 5.9% |
| Invesco Ltd. | $76.7M | 1.9M | 1.8% | ▼ 18.3% |
| Dimensional Fund Advisors LP | $66.9M | 1.7M | 1.6% | 0.0% |
| Morgan Stanley | $65.8M | 1.7M | 1.5% | ▲ 34.2% |
| UBS Group AG | $57.1M | 1.4M | 1.3% | ▲ 2.2% |
From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Tanger Inc.'s complete shareholder register. Values are as reported by the filers .
Insider trading activity
Full insider history and chart Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $1.5M 4 trades by 4 insiders · 0% under pre-set plans
Net ▼ $1.5M net selling
| Insider | Date | Trade | Shares | Price | Value |
|---|---|---|---|---|---|
| Ryan Berman Bridget Director | May 15, 2026 | Sell | 14,698 | $35.24 | $517,958 |
| Skerritt Susan E Director | March 6, 2026 | Sell | 5,060 | $36.22 | $183,273 |
| Guerrieri Thomas Joseph Jr SVP, CAO | February 27, 2026 | Sell | 10,432 | $37.61 | $392,348 |
| Reddin Thomas Director | February 27, 2026 | Sell | 10,000 | $37.50 | $375,000 |
From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.
Trades by members of Congress
All 6 trades and filingsNo trades in Tanger Inc. disclosed in the last 12 months; 6 earlier trades on record.
- Daniel S. GoldmanSale (full), $15,001 - $50,000, traded July 12, 2023, filed August 13, 2023
- Tom MalinowskiPurchase, $15,001 - $50,000, traded June 4, 2019, filed August 26, 2021
- Tom MalinowskiSale (full), $15,001 - $50,000, traded May 31, 2019, filed July 9, 2021
Earnings dates and SEC filings
Results announcements
Next expected around November 3, 2026 estimated from the company's past filing pattern, not announced
- August 4, 2026
- April 30, 2026
- February 24, 2026
- November 4, 2025
- August 4, 2025
- April 30, 2025
Recent SEC filings
- 10-Q Quarterly report
- 8-K Current report
- 8-K Current report
- 10-Q Quarterly report
- 8-K Current report
- DEF 14A Proxy statement
- 8-K Current report
- 10-K Annual report
Data status
| Data | Last updated | Source |
|---|---|---|
| Share price | Exchange closing prices | |
| News and updates | Company releases and SEC 8-K filings | |
| Analyst estimates | Aggregated analyst estimates | |
| Valuation and scores | Our models, from the filed figures |
Tanger Inc. in brief
- What does Tanger Inc. do?
- Tanger Inc. is a US-listed company in the retail REITs industry. Its financial year ends in December.
- What is Tanger Inc.'s stock ticker?
- Tanger Inc. trades under the ticker SKT on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
- Who are Tanger Inc.'s largest institutional shareholders?
- By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., FMR LLC and Vanguard Portfolio Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
- Are insiders buying or selling Tanger Inc. stock?
- Over the last 12 months, Tanger Inc.'s directors and officers reported 0 open-market purchases and 4 sales on Form 4. The insider trading page charts every trade.
- When is Tanger Inc.'s next earnings date?
- Around November 4, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Tanger Inc. announces its own schedule.
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