SKT — Tanger Factory Outlet Centers Inc

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Tanger Factory Outlet Centers Inc

Tanger Inc. is a leading owner and operator of outlet and open-air retail shopping destinations, with over 45 years of expertise in the retail and outlet shopping industries. Tanger portfolio of 38 outlet centers and three open-air lifestyle centers comprises more than 16 million square feet well positioned across tourist destinations and vibrant markets in 22 U.S. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$35.96
Market Cap$4.11B
Float112.2M
Shares Outstanding114.9M
P/E (Forward)32.89
P/E (TTM)33.77
Price/Sales (TTM)6.73
vs. Analyst Target+7.4% to analyst PT
Profit Margin20.26%
Operating Margin (TTM)30.34%
Revenue (TTM)$611M
Earnings Growth (YoY)42.00%
Dividend Rate1.2%
Analyst Target Price$38.64 (10 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $390M -$36.3M $253M $142M
2021 $427M $9.1M $286M $172M
2022 $443M $82.1M $299M $245M
2023 $464M $99.2M $319M $261M
2024 $526M $98.6M $367M $302M
2025 $582M $115M $103M $336M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $141M $30.1M
Sep 2025 $145M $32.0M
Dec 2025 $160M $33.5M
Mar 2026 $150M $28.3M

Ownership & Float

Insider Ownership2.4%
Institutional Ownership96.0%
Short Float3.4%
% of All Funds Holding3.91%
Number of Funds Holding321

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$35.79Near-term / short-term trend
Weekly40-Week SMA$34.33Medium-term trend
Weekly80-Week SMA$33.40Cyclical trend (business cycle)
Weekly200-Week SMA$27.61Secular trend (multi-year)
Monthly10-Month SMA$34.43Near-term monthly trend
Monthly20-Month SMA$33.63Medium-term monthly trend
Monthly40-Month SMA$29.47Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$32.80 support 1.25x 2 months ago

Historical Earnings Reactions (113 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.25% 0.00% 44.25% 12.42% -10.75%
1 Day 0.09% -0.25% 45.13% 15.34% -8.78%
1 Week 1.21% 0.76% 54.87% 35.09% -15.70%
2 Weeks 1.03% 0.10% 50.44% 41.61% -19.13%
1 Month 1.29% 0.43% 52.68% 67.70% -19.22%

Next earnings: July 19, 2026 (52 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan1.1%48.5%33
Feb-0.0%45.5%33
Mar-1.0%51.5%33
Apr2.9%51.5%33
May-1.0%50.0%32
Jun1.2%57.6%33
Jul1.0%60.6%33
Aug0.1%51.5%33
Sep-0.3%48.5%33
Oct0.5%48.5%33
Nov4.0%66.7%33
Dec1.4%54.5%33

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.07% 49.8% 1560
Tuesday 0.15% 50.6% 1706
Wednesday -0.03% 47.9% 1703
Thursday -0.04% 48.0% 1670
Friday 0.05% 50.8% 1664

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 96.0%

Insider Transactions — Smart Summary

Total insider ownership: 2.4%

12-Month Insider Activity Summary

Total Filings5
Net Value-$1.0M
Net Shares Change-57,690
% of Float-0.1%
C-Suite Filings2
Clusters Detected1

Key Insiders

NameTitleNet ValueFilingsActivity
Swanson Gallardo Leslie EVP, Chief Operating Officer -$607,950 1 1 sell
RYAN BERMAN BRIDGET -$517,957.52 1 1 sell
Guerrieri Thomas Joseph JR SVP, CAO -$392,347.52 1 1 sell
REDDIN THOMAS -$375,000 1 1 sell
SKERRITT SUSAN E -$183,273.2 1 1 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2026-03-03 – 2026-03-09 3 3 -$950,620.72 1 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-05-18 RYAN BERMAN BRIDGET -$517,957.52 Transaction at $35.24, now +2.0%
2026-03-03 Guerrieri Thomas Joseph JR SVP, CAO -$392,347.52 Transaction at $37.61, now -4.4%
2026-03-03 REDDIN THOMAS -$375,000 Transaction at $37.50, now -4.1%
2026-03-09 SKERRITT SUSAN E -$183,273.2 Transaction at $36.22, now -0.7%
2025-09-08 Swanson Gallardo Leslie EVP, Chief Operating Officer -$607,950 Transaction at $34.74, now +3.5%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Tanger Factory Outlet Centers Inc (SKT) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for SKT on Trend Edge →