Tanger (SKT) Expected to Release Earnings on Wednesday

Tanger (NYSE:SKT) is anticipated to post its Q3 2026 results after the market closes on Wednesday, November 4th. Analysts expect the company to post earnings of $0.2654 per share and revenue of $148.87 million for the quarter. Interested persons may visit the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, November 5, 2026 at 8:30 AM ET.

Tanger (NYSE:SKT) last released its earnings results on Tuesday, August 4th. The real estate investment trust reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.04. The firm had revenue of $156.39 million for the quarter, compared to analysts’ expectations of $142.58 million. Tanger had a return on equity of 17.72% and a net margin of 20.74%. The business’s revenue for the quarter was up 11.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.58 earnings per share. On average, analysts expect Tanger to post $2.50 EPS for the current fiscal year and $2.61 EPS for the next fiscal year.

Tanger Trading Up 2.7%

Shares of Tanger stock opened at $37.76 on Tuesday. The firm’s 50 day moving average is $36.06 and its 200 day moving average is $36.68. The firm has a market capitalization of $4.34 billion, a PE ratio of 34.33, a price-to-earnings-growth ratio of 2.26 and a beta of 1.12. Tanger has a 1 year low of $31.13 and a 1 year high of $42.53. The company has a current ratio of 2.12, a quick ratio of 2.12 and a debt-to-equity ratio of 2.65.

Tanger Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, October 30th will be issued a dividend of $0.3125 per share. The ex-dividend date is Friday, October 30th. This represents a $1.25 annualized dividend and a dividend yield of 3.3%. Tanger’s dividend payout ratio is 113.64%.

Wall Street Analyst Weigh In

A number of analysts have recently commented on SKT shares. The Goldman Sachs Group set a $40.00 price target on Tanger in a research note on Wednesday, October 7th. Citigroup upped their price objective on Tanger from $39.00 to $41.00 and gave the company a “neutral” rating in a research note on Tuesday, August 11th. JPMorgan Chase & Co. lowered shares of Tanger from an “overweight” rating to a “neutral” rating and set a $39.00 price objective for the company. in a report on Thursday, September 24th. Barclays cut their target price on shares of Tanger from $42.00 to $41.00 and set an “equal weight” rating on the stock in a research report on Monday, September 28th. Finally, Evercore set a $39.00 target price on shares of Tanger in a report on Tuesday, July 7th. Two research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $40.17.

Tanger Company Profile

Tanger Inc (NYSE:SKT) is a real estate investment trust that owns, operates and develops open-air shopping centers, primarily outlet centers, in the United States and Canada. Its properties provide retail space for a broad range of brand-name and designer retailers, including apparel, footwear, accessories, home goods and specialty products.

The company generates revenue primarily by leasing retail space to tenants and providing related property-management services. Tanger’s shopping centers are generally located near major highways, tourist destinations and metropolitan areas, where they serve both local shoppers and visiting consumers.

Founded by Stanley Tanger, the company opened its first outlet center in Burlington, North Carolina, in 1981.