Tanger (SKT US)
SKT US$36.16
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Performance
Advanced charting functionality with the ability to amend timeframes, chart type & indicator selection, powered by TradingView.
Share price activity
Displays share price activity. Volume = number of shares traded, Turnover = value of shares traded, VWAP = volume-weighted average price for the day, sourced from Morningstar.
- Last (Price)
- 36.16
- Change
- ▼ -0.49 (-1.34)
- Bid / Ask
- 36.15 - 36.17
- Volume
- 284,674
- Turnover
- 9,394,626
- Open
- 36.68
- Day Range
- 36.02 - 36.68
- VWAP
- 36.20
- Prev Close
- 36.65
- Last Trade
- 28/10 4:10pm
Key information
Displays key information on the security, sourced from Morningstar.
- Sector
- Real Estate
- Shares Issued
- 114,878,989
- NTA/Share
- 6.25
- Last Dividend
- 0.31
- Dividend Ex Date
- 31 JUL 2026
- Dividend Pay Date
- 14 AUG 2026
Current (USD) · FY2025
Displays key financial data for the most recent fiscal year, in millions. Note - Per share data is in local currency terms irrespective of reporting currency, and may be different to the stated currency, sourced from Morningstar.
- Revenue
- 581.56
- EBITDA
- 336.34
- Profit
- 113.90
- Earnings Per Share (EPS)
- 0.99
- Dividend Per Share (DPS)
- 1.15
- Yield %
- 3.35
- Market Cap
- 4,154.02
- Price to Earnings Ratio (P/E)
- 33.17
Estimates (USD) · FY2027
Displays consensus analyst’s estimates for key measures for the next fiscal year, sourced from Morningstar.
- Revenue
- —
- EBITDA
- 425.73
- Profit
- 132.17
- Earnings Per Share (EPS)
- 1.14
- Dividend Per Share (DPS)
- 1.27
Quantitative rating
Displays Morningstar’s Quantitative Equity Research Rating for the security: a star rating from 1 (overvalued) to 5 (undervalued) from the share price against a fair value estimated by a statistical model of Morningstar’s analyst ratings, with the model’s economic moat, financial health and fair value uncertainty, sourced from Morningstar.
Undervalued
- Economic Moat
- Narrow
- Financial Health
- Moderate
- Uncertainty
- Medium
Morningstar Quantitative Rating as of 22 OCT 2026.
Quantitative Equity Rating Methodology – view here
Fair value estimate
Displays Morningstar’s quantitative fair value estimate for the security against the current share price, with the band around it: the five-star price below which the model would rate the stock five stars and the one-star price above which it would rate it one star, sourced from Morningstar.
Five-star price 33.57 Fair value 38.97 One-star price 45.23
Morningstar Quantitative Rating as of 22 OCT 2026.
Quantitative valuation
Displays where the share price sits in Morningstar’s quantitative fair value band, from the five-star price (undervalued) to the one-star price (overvalued), with the fair value estimate, the price to fair value ratio, the model’s valuation label and its uncertainty rating, sourced from Morningstar.
Buy
Sell
- Fair Value
- 38.97
- Price / Fair Value
- 0.93
- Valuation
- Undervalued
- Uncertainty
- Medium
Morningstar Quantitative Rating as of 22 OCT 2026. The slider runs from the five-star price (33.57) to the one-star price (45.23).
Displays useful ratios for the security, NB the pricing date used, sourced from Morningstar.
| Ratios |
|---|
| Currency (Price/reporting): USD/USD |
| Exchange Rate: 1.0000 |
Price, volume and trading statistics for the security, sourced from Morningstar.
| Price - closing or last bid | 36.11 |
| Price - 12 month high | 42.52 |
| Price - 12 month low | 31.63 |
| Pricing date | 21 OCT 2026 |
| Volume - avg. trading volume for the last ten days | 0.96 |
| Market capitalization | 4,148.28 |
| 12 Month High price date | 28 JUL 2026 |
| 12 Month Low price date | 31 OCT 2025 |
| Volume - avg. trading volume for the last 3 months | 0.93 |
| Price - 1 Day % Change | 2.29% |
| Price - 13 week price percent change | -12.82% |
| Price - 26 week price percent change | -1.31% |
| Price - 5 Day % Change | 2.27% |
| Price - 52 week price percent change | 8.31% |
| Price - YTD price percent change | 6.02% |
| Price % Change Month To Date | 1.43% |
Earnings, dividends, cash flow and book value per share, sourced from Morningstar.
| EPS excluding extraordinary items - most recent fiscal year | 0.990 |
| EPS excluding extraordinary items - trailing 12 month | 1.090 |
| EPS Normalized - most recent fiscal year | 1.136 |
| Revenue/share - most recent fiscal year | 5.069 |
| Revenue/share - trailing 12 month | 5.300 |
| Book value per share - most recent fiscal year | 6.138 |
| Book value per share - most recent quarter | 5.867 |
| Book value (tangible) per share - most recent fiscal year | 6.254 |
| Book value (tangible) per share - most recent quarter | 5.115 |
| Cash per share - most recent fiscal year | 0.158 |
| Cash per share - most recent quarter | 1.540 |
| Cash Flow per share - most recent fiscal year | 2.508 |
| Cash Flow per share - trailing 12 month | 2.576 |
| Dividend per share - most recent fiscal year | 1.153 |
| Dividends per share - trailing 12 month | 1.210 |
| EBITD per share - trailing 12 month | 3.151 |
| EPS Basic excluding extraordinary items - most recent fiscal year | 1.010 |
| EPS Basic excluding extraordinary items - trailing 12 month | 1.100 |
| EPS including extraordinary items - most recent fiscal year | 1.010 |
| EPS including extraordinary items - trailing 12 month | 1.100 |
| Free Cash Flow per share - trailing 12 month | 2.576 |
Valuation multiples such as P/E, price to sales, price to book and enterprise value ratios, sourced from Morningstar.
| P/E excluding extraordinary items, most recent fiscal year | 33.13 |
| P/E Normalized, most recent fiscal year | 29.77 |
| Price to sales - most recent fiscal year | 6.81 |
| Price to Tangible Book - most fiscal year | 7.41 |
| Price to Free Cash Flow per Share - most recent fiscal year | 14.02 |
| Price to Cash Flow per share - trailing 12 month | 14.02 |
| Price to Book - most recent fiscal year | 6.16 |
| P/E excluding extraordinary items high, trailing 12 months | 39.73 |
| P/E excluding extraordinary items low, trailing 12 months | 31.47 |
| Net Debt, LFI | 1,754.86 |
| Net Debt, LFY | 1,670.26 |
| Dividend Yield - 5 Year Average | 3.71% |
| Dividend Yield - indicated annual dividend divided by closing price | 3.43% |
| Current Dividend Yield - Common Stock Primary Issue, LTM | 3.35% |
Cash flow, liquidity and leverage measures, sourced from Morningstar.
| Free Cash Flow - most recent fiscal year | 287.73 |
| LT debt/equity - most recent fiscal year | 223.69% |
| Payout ratio - most recent fiscal year | 116.41% |
| Total debt/total equity - most recent fiscal year | 229.68% |
| LT debt/equity - most recent quarter | 278.26% |
| Total debt/total equity - most recent quarter | 278.26% |
| Free Cash Flow - trailing 12 month | 297.60 |
| Payout ratio - trailing 12 month | 108.18% |
Key income statement lines for the most recent fiscal year, in millions, sourced from Morningstar.
| Revenue - most recent fiscal year | 581.56 |
| Revenue - trailing 12 month | 612.31 |
| EBITD - most recent fiscal year | 336.34 |
| EBITD - trailing 12 month | 364.03 |
| Earnings before taxes - most recent fiscal year | 119.50 |
| Earnings before taxes - trailing 12 month | 132.19 |
| Net Income available to common - most recent fiscal year | 113.90 |
| Net Income available to common - trailing 12 months | 126.55 |
| Earnings before taxes Normalized - most recent fiscal year | 140.73 |
| Net Income Available to Common, Normalized - most recent fiscal year | — |
| Earnings per Share, Normalized, Excluding Extraordinary Items, Avg. Diluted Shares Outstanding, TTM | 1.21 |
Profitability margins for the most recent fiscal year, sourced from Morningstar.
| Net Profit Margin % - 1st historical fiscal year | 20.55% |
| Net Profit Margin % - trailing 12 month | 21.59% |
| Operating margin - 1st historical fiscal year | 30.15% |
| Operating margin - trailing 12 month | 30.20% |
| Pretax margin - trailing 12 month | 21.59% |
| Pretax margin - 1st historical fiscal year | 20.55% |
| Operating Margin - 5 year average | 27.88% |
| Pretax Margin - 5 year average | 16.82% |
| Free Operating Cash Flow/Revenue, 5 Year Average | 48.67% |
| Free Operating Cash Flow/Revenue, TTM | 48.60% |
| Net Profit Margin - 5 year average | 16.82% |
Returns on average assets and equity for the fiscal year, the trailing 12 months and as 5 year averages, and net income and revenue per employee in whole currency, sourced from Morningstar.
| Return on average assets - most recent fiscal year | 4.74% |
| Return on average assets - trailing 12 month | 4.92% |
| Return on average equity - most recent fiscal year | 17.93% |
| Return on average equity - trailing 12 month | 19.50% |
| Return on average assets - 5 year average | 3.73% |
| Return on average equity - 5 year average | 15.60% |
| Net Income/employee - most recent fiscal year | 293,614.25 |
| Revenue/employee - most recent fiscal year | 1,428,899.26 |
Growth in revenue, earnings, dividends and book value over recent periods, sourced from Morningstar.
| Revenue growth rate, 5 year | 8.32% |
| EPS growth rate, 5 year | — |
| Growth rate% - dividend, 3 year | 12.82% |
| Revenue/share (5 yr growth) | 3.78% |
| Growth rate% - Revenue, 3 year | 9.53% |
| Growth rate% - EPS, 3 year | 8.74% |
| Book value per share growth rate, 5 year | 10.96% |
| Capital Spending growth rate, 5 year | — |
| Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year CAGR | 18.78% |
Displays analyst’s forecasts for key measures. The estimates can be expanded to see the spread of the calls. Full lines = reported, and dotted lines are forward estimates. Click a measure to add or remove it from the chart, sourced from Morningstar.
Financial forecast (USD, millions except per share)
| Actuals | Estimates | |||||||
| 2025 | 2026 | 2027 | ||||||
| Estimate breakdown | ||||||||
Financial metrics can be plotted on the graph to see trends. Multiple metrics from multiple statements can be plotted against each other, sourced from Morningstar.
Financials (USD, millions)
| Period end: | DEC 21 | DEC 22 | DEC 23 | DEC 24 | DEC 25 |
| Fiscal year: | 2021 | 2022 | 2023 | 2024 | 2025 |
| Period length: | 12 months | 12 months | 12 months | 12 months | 12 months |
Displays all company announcements released by the company to the exchange, sourced from Morningstar.
Announcements
Announcements are available for ASX-listed companies only.
Opinion
No opinions for this company yet.
Action
No actions for this company yet.
Business Summary
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.
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