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 August 5, 2026, SKT stock price declined to $40.55 with 967,017 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 0.06 to the broad based SPY ETF.

SKT has a market cap of $4.66 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 outperformed the market in the last year with a return of +37.1%, while the SPY ETF gained +23.2%. In the last 3 month period, SKT beat the market returning +12.6%, while SPY returned +7.5%. However, in the most recent 2 weeks SKT has underperformed the stock market by returning -2.6%, while SPY returned +2.9%.

SKT support price is $40.19 and resistance is $41.25 (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.