SKT Stock Summary and Trading Ideas (Tanger | NYSE:SKT)

Tanger Inc is an owner and operator of outlet and open-air centers in the United States and Canada. It is a fully-integrated, self-administered and self-managed REIT, which focuses on developing, acquiring, owning, operating and managing outlet and open-air shopping centers. Its consolidated portfolio consisted of 31 outlet centers and 2 open-air lifestyle centers.

Tanger trades on the NYSE stock market under the symbol SKT.

As of May 1, 2026, SKT stock price declined to $36.35 with 1,212,792 million shares trading.

SKT has a beta of 0.45, meaning it tends to be less sensitive to market movements. SKT has a correlation of 0.08 to the broad based SPY ETF.

SKT has a market cap of $4.16 billion. This is considered a Mid Cap stock.

Last quarter Tanger reported $150 million in Revenue and $.59 earnings per share. This beat revenue expectation by $8 million and exceeded earnings estimates by $.02.

In the last 3 years, SKT traded as high as $37.95 and as low as $18.34.

The top ETF exchange traded funds that SKT belongs to (by Net Assets): IJR, VNQ, VTI, IWM, VB.

SKT has underperformed the market in the last year with a price return of +25.4% while the SPY ETF gained +30.4%. However, in the short term, SKT had mixed performance relative to the market. It has outperformed in the last 3 months, returning +12.0% vs +4.4% return in SPY. But in the last 2 weeks, SKT shares have been beat by the market, returning -1.0% compared to an SPY return of +1.5%.

SKT support price is $36.65 and resistance is $37.51 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SKT shares will trade within this expected range on the day.