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 June 30, 2026, SKT stock price declined to $39.84 with 239,640 million shares trading.

SKT has a beta of 0.60, meaning it tends to be less sensitive to market movements. SKT has a correlation of 0.11 to the broad based SPY ETF.

SKT has a market cap of $4.58 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 $41.50 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 +34.1%, while the SPY ETF gained +22.7%. In the last 3 month period, SKT beat the market returning +19.0%, while SPY returned +18.1%. However, in the most recent 2 weeks SKT has underperformed the stock market by returning -1.9%, while SPY returned -0.7%.

SKT support price is $39.40 and resistance is $40.64 (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.