Tanger (SKT) Projected to Release Quarterly Earnings on Tuesday

Tanger (NYSE:SKT) is anticipated to issue its Q2 2026 results after the market closes on Tuesday, August 4th. Analysts expect the company to announce earnings of $0.2523 per share and revenue of $142.5770 million for the quarter. Tanger has set its FY 2026 guidance at 2.420-2.500 EPS. Parties can find conference call details on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Wednesday, August 5, 2026 at 8:30 AM ET.

Tanger (NYSE:SKT) last issued its earnings results on Thursday, April 30th. The real estate investment trust reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.28 by ($0.04). The firm had revenue of $150.42 million during the quarter, compared to analysts’ expectations of $142.94 million. Tanger had a return on equity of 17.53% and a net margin of 20.76%.The company’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same period last year, the business posted $0.53 earnings per share. On average, analysts expect Tanger to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Tanger Stock Down 0.4%

SKT opened at $41.77 on Tuesday. The company has a debt-to-equity ratio of 2.67, a quick ratio of 3.36 and a current ratio of 3.36. Tanger has a 1 year low of $29.24 and a 1 year high of $42.08. The firm has a 50 day moving average price of $38.93 and a 200 day moving average price of $36.39. The company has a market cap of $4.80 billion, a PE ratio of 39.03, a price-to-earnings-growth ratio of 2.14 and a beta of 1.09.

Tanger Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Friday, July 31st will be issued a $0.3125 dividend. The ex-dividend date of this dividend is Friday, July 31st. This represents a $1.25 dividend on an annualized basis and a yield of 3.0%. Tanger’s dividend payout ratio is currently 116.82%.

Wall Street Analysts Forecast Growth

SKT has been the subject of a number of recent research reports. UBS Group set a $41.00 price objective on shares of Tanger in a research report on Thursday, June 18th. Scotiabank increased their price target on Tanger from $37.00 to $41.00 and gave the company a “sector perform” rating in a research note on Thursday, June 18th. Weiss Ratings reissued a “buy (b)” rating on shares of Tanger in a research note on Friday, July 17th. LADENBURG THALM/SH SH increased their price target on Tanger from $40.00 to $42.00 and gave the company a “buy” rating in a research report on Wednesday, June 10th. Finally, BMO Capital Markets boosted their target price on shares of Tanger from $40.00 to $42.00 and gave the company a “market perform” rating in a research note on Monday, June 15th. Two equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $39.70.

Institutional Trading of Tanger

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Creative Planning lifted its stake in Tanger by 18.0% in the third quarter. Creative Planning now owns 13,030 shares of the real estate investment trust’s stock valued at $441,000 after buying an additional 1,985 shares during the period. Lido Advisors LLC lifted its position in Tanger by 3.0% in the 4th quarter. Lido Advisors LLC now owns 12,440 shares of the real estate investment trust’s stock valued at $420,000 after acquiring an additional 365 shares in the last quarter. Tower Research Capital LLC TRC boosted its position in shares of Tanger by 85.2% during the second quarter. Tower Research Capital LLC TRC now owns 12,978 shares of the real estate investment trust’s stock valued at $397,000 after buying an additional 5,971 shares during the last quarter. Mackenzie Financial Corp grew its stake in shares of Tanger by 44.4% in the 4th quarter. Mackenzie Financial Corp now owns 10,846 shares of the real estate investment trust’s stock worth $369,000 after acquiring an additional 3,337 shares in the last quarter. Finally, Polymer Capital Management US LLC bought a new stake in Tanger in the 4th quarter worth about $350,000. Institutional investors own 85.23% of the company’s stock.

About Tanger

Tanger Factory Outlet Centers, Inc (NYSE: SKT) is a real estate investment trust specializing in the ownership, development and management of outlet shopping centers. The company’s portfolio comprises more than 40 outlet properties anchored by leading fashion and lifestyle brands. Tanger’s centers are designed to offer off-price retail experiences in open-air, community-oriented settings, providing value-focused shoppers with access to premium brands at reduced prices.

Founded in 1981 by Stanley K.