Tanger Inc. (SKT) Stock Analysis

Q: What is the SKT stock price target?

Entry $33.80, take-profit $36.22 (+7.2% upside). Target $36.22 (-0.9%), stop $32.62 (−12.0%), A.R:R -1.0:1.

Breakout setup

HoldModerate ConfidenceUpdated 2026-05-01

Real Estate · REIT - Retail

Earnings in 0 days (2026-04-30). Expect elevated volatility around the report — consider waiting for post-earnings price action before new entries.

Tanger Inc. is a self-managed REIT owning and operating 31 outlet centers and 3 open-air lifestyle centers (~14.0M sq ft, 98% occupied) in the US and Canada, plus partial interests in 6 unconsolidated centers. Revenue is rental income from retail tenants including global brands.

$36.55+7.2% A.UpsideScore 5.6/10#7 of 23 REIT - Retail

Entry $33.80(support + ATR)Stop $32.62Target $36.22(resistance)A.R:R -1.0:1Setup A.R:R 2.1:1

Analyst target$38.45+5.2%11 analysts

$36.22our TP

$36.55price

$38.45mean

$35

$42

Hold if already holding. Not a fresh buy at $36.55, but acceptable to hold if already in. Reasons: Concentration risk — Property Type: retail tenants; Analyst target reached - limited upside remaining. Chart setup: Golden cross, above all MAs, RSI 56, MACD bullish. Downgraded from BUY WAIT — price $36.55 has reached target $36.22. No upside to wait for. Score 5.6/10, moderate confidence.

Passes 4/6 gates (positive momentum, clean insider activity, no SEC red flags, semi cycle peak clear). Fails on favorable risk/reward ratio and earnings proximity 0d<=7d. Suitability: aggressive.

Thesis

Rewards

No bull case signals

Risks

Concentration risk — Property Type: retail tenants

Analyst target reached - limited upside remaining

Near 52-week high (3.7% away)

Key Metrics

P/E (TTM)37.1

P/E (Fwd)30.2

Mkt Cap$4.2B

EV/EBITDA18.5

Profit Mgn19.3%

ROE16.9%

Rev Growth13.9%

Beta1.18

Dividend3.24%

Rating analysts16

Quality Signals

Piotroski F7/9

Options Flow

P/C1.29bearish

IV44%normal

Concentration Risks(10-K Item 1A)

HIGHPropertyretail tenants
10-K Item 1A: 'Our primary source of revenue is derived from retail tenants'

Material Events(8-K, last 90d)

2026-02-27Item 1.02MEDIUM
Tanger terminated its existing ATM Equity Offering Sales Agreement dated February 2025, concurrent with entering a new ATM Sales Agreement for up to $1B in common stock. Replacement agreement entered simultaneously.
SEC filing →
2026-02-27Item 1.01LOW
Tanger entered new ATM Sales Agreement with UBS, B. Riley, Canaccord, and Tuohy Brothers for up to $1B in common stock offerings, replacing prior 2025 ATM program.
SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

10 dimensions · all in-band

Overall = weighted sum of the 10 dimension scores. Fundamentals (Value/Quality/Growth) carry 45%; market signals (Momentum/Sentiment/Insider/Peer) carry 40%; structure (Technical/Risk/Catalyst) carries 15%.

DimensionScoreWeightContribution

Value4.215%0.63

Quality7.415%1.11

Growth6.215%0.93

Momentum6.410%0.64

Sentiment5.210%0.52

Insider Activity3.810%0.38

Peer Rank5.710%0.57

Technical Setup4.65%0.23

Risk Profile6.15%0.30

Catalyst6.25%0.31

Overall (Σ contributions)5.63

Small float-rounding may cause last-digit differences between this sum and the displayed Overall.

GatesA.R:R -1.0=NEGATIVEEARNINGS PROXIMITY 0d<=7dMomentum 6.4>=5.5Insider activity: OKNo SEC red flagsSEMI CYCLE PEAK CLEARBreakoutSuitability: Aggressive

RSI

56 · Neutral

↑ 20D MA↑ 50D MA↑ 200D MAGOLDEN CROSSSupport $33.51Resistance $36.96

Price Targets

$33

$34

$36

A.Upside-0.9%

A.R:R-1.0:1

Setup A.R:R (at entry)2.1:1

Position Sizing

ConvictionNone

Suggested %0.5%

Max %1%

RegimeCautious

Risk Alerts

! Target reached (-8.5% upside)

! Earnings in 0 days - binary event risk

! Negative risk/reward — downside exceeds upside

Earnings

3/4 beats

Next Earnings2026-04-30 (0d)

Verdict History

reverse chrono — latest first

Loading history...

Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.

Frequently Asked Questions

Is SKT stock a buy right now?

Hold if already holding. Not a fresh buy at $36.55, but acceptable to hold if already in. Reasons: Concentration risk — Property Type: retail tenants; Analyst target reached - limited upside remaining. Chart setup: Golden cross, above all MAs, RSI 56, MACD bullish. Downgraded from BUY WAIT — price $36.55 has reached target $36.22. No upside to wait for. Target $36.22 (-0.9%), stop $32.62 (−12.0%), A.R:R -1.0:1. Score 5.6/10, moderate confidence.

What is the SKT stock price target?

Take-profit target: $36.22 (+7.2% upside). Target $36.22 (-0.9%), stop $32.62 (−12.0%), A.R:R -1.0:1. Stop-loss: $32.62.

What are the risks of investing in SKT?

Concentration risk — Property Type: retail tenants; Analyst target reached - limited upside remaining; Near 52-week high (3.7% away).

Is SKT overvalued or undervalued?

Tanger Inc. trades at a P/E of 37.1 (forward 30.2). TrendMatrix value score: 4.2/10. Verdict: Hold.

What do analysts say about SKT?

16 analysts cover SKT with a consensus score of 3.5/5. Average price target: $38.

What does Tanger Inc. do?Tanger Inc. is a self-managed REIT owning and operating 31 outlet centers and 3 open-air lifestyle centers (~14.0M sq...