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 October 2, 2026, SKT stock price climbed to $35.11 with 1,033,567 million shares trading.

SKT has a beta of 0.23, meaning it tends to be less sensitive to market movements. SKT has a correlation of 0.02 to the broad based SPY ETF.

SKT has a market cap of $4.03 billion. This is considered a Mid Cap stock.

Last quarter Tanger reported $156 million in Revenue and $.64 earnings per share. This beat revenue expectation by $14 million and exceeded earnings estimates by $.02.

In the last 3 years, SKT traded as high as $42.53 and as low as $21.42.

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 +7.5% while the SPY ETF gained +16.3%. SKT has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -9.7% and -1.8%, respectively, while the SPY returned +3.5% and +1.4%, respectively.

SKT support price is $34.05 and resistance is $34.85 (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.