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

Tanger Inc is an owners and operators 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, with a total gross leasable area of approximately 13.0 million square feet.

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

As of December 31, 2025, SKT stock price declined to $33.37 with 571,559 million shares trading.

SKT has a beta of 0.59, meaning it tends to be less sensitive to market movements. SKT has a correlation of 0.17 to the broad based SPY ETF.

SKT has a market cap of $3.84 billion. This is considered a Mid Cap stock.

Last quarter Tanger reported $145 million in Revenue and $.60 earnings per share. This beat revenue expectation by $7 million and exceeded earnings estimates by $.21.

In the last 3 years, SKT traded as high as $37.57 and as low as $17.22.

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 +1.8% while the SPY ETF gained +17.2%. SKT has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -0.5% and -1.5%, respectively, while the SPY returned +2.7% and +0.7%, respectively.

SKT support price is $33.65 and resistance is $34.47 (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.