WallStSmart
SKT

Tanger Factory Outlet Centers Inc

NYSE: SKT · REAL ESTATE · REIT - RETAIL

$36.01
+2.01% today

Updated 2026-06-05

Market cap
$4.65B
P/E ratio
38.17
P/S ratio
7.60x
EPS (TTM)
$1.06
Dividend yield
2.99%
52W range
$28 – $41
Volume
0.9M

WallStSmart proprietary scores

65
out of 100
Grade: B
Buy
Investment rating
7.3
Growth
B+
2.5
Quality
F
8.0
Profitability
A
5.3
Valuation
C+
2/9
Piotroski F-Score
Weak
0.3
Altman Z-Score
Distress
Industry rank
View all highly rated stocks (75+) →199 stocks currently score above 75

Price targets

Analyst target
$37.43
+3.94%
12-Month target
$29.76
-17.36%
Intrinsic (DCF)
$52.44
Margin of safety
+35.47%
1 Strong Buy2 Buy9 Hold0 Sell0 Strong Sell

Price chart

Stock snapshot

Strengths
+ Profit margin 20.30% — above average
+ Free cash flow $16.09M — positive
+ Revenue growth 11.70% QoQ
+ 35.47% below intrinsic value
Risks
- Piotroski 2/9 — weak financial health
- Altman Z 0.34 — distress zone
- Debt/equity 2.92x — high leverage

Key financials

Revenue Net Income Free Cash Flow
Metric2022202320242025TTM2026 (E)
Revenue$442.61M$464.41M$526.06M$581.56M$611.24M$0.6B
Net income$82.06M$99.15M$98.59M$114.78M$28.26M
EPS$1.06$1.18
Free cash flow$129.21M$218.84M$156.40M$199.34M$16.09M
Profit margin18.54%21.35%18.74%19.74%20.30%

Peer comparison

CompanyMkt CapScoreGrowthProfitValueQualityMoSRating
SKT$4.65B657.38.05.32.5+35.47%Strong Buy
WELL$150.23B5710.05.52.07.0-77.58%Buy
PLD$139.15B638.07.05.34.0+44.71%Buy
EQIX$104.97B546.76.53.03.5Buy
AMT$85.94B726.79.05.33.0+6.94%Strong Buy
SPG$81.95B637.39.04.03.0-27.73%Buy

Smart narrative

Tanger Factory Outlet Centers Inc trades at $36.01. representing a P/E of 38.17x trailing earnings. Our Smart Value Score of 65/100 indicates the stock is good. The company scores 2/9 on the Piotroski F-Score. With an Altman Z-Score of 0.34, it sits in the distress. TTM revenue stands at $611.24M. with profit margins at 20.30%. Our DCF model estimates intrinsic value at $52.44.

Frequently asked questions

What is Tanger Factory Outlet Centers Inc's stock price?

Tanger Factory Outlet Centers Inc (SKT) trades at $36.01, on a P/E of 38.2x and a P/S of 7.6x. Those multiples show what the market is paying for each dollar of earnings and sales, which is the real starting point for judging whether the price is reasonable.

Is Tanger Factory Outlet Centers Inc overvalued?

Tanger Factory Outlet Centers Inc carries a Smart Value Score of 65/100 (Grade B), which we rate Buy. That score blends growth, quality, and valuation into one read. Our DCF puts intrinsic value at $52.44 versus the $36.01 price, a 35.5% margin of safety on a cash flow basis.

What is the price target of Tanger Factory Outlet Centers Inc (SKT)?

The 12-month analyst consensus target is $37.43, about 3.9% above the current $36.01. A consensus target is the average of Wall Street's 12-month forecasts, so it works as a sentiment gauge rather than a guarantee, and it resets with every earnings cycle.

What is the future stock price of SKT by 2030?

Our research-backed model puts the 2030 base case at $10.86, built from revenue projections, a growth-adjusted P/S multiple, net debt, and share dilution. It is a scenario rather than a prediction, and the bull and bear cases around it matter more than the single number when you are sizing a position.

What is the intrinsic value of Tanger Factory Outlet Centers Inc (SKT)?

Our DCF model estimates intrinsic value at $52.44, a +35.5% margin of safety versus today's $36.01. Intrinsic value is what the projected cash flows are worth today. A positive reading means the price sits below that estimate, leaving a cushion if growth holds.

What is Tanger Factory Outlet Centers Inc's revenue?

Tanger Factory Outlet Centers Inc's trailing twelve-month revenue is $611.24M, and our model projects it reaching about $771.00M by 2030. Revenue scale anchors the valuation multiples and shows whether growth is reaching the top line, so it is best read alongside margin and growth trends to see if that revenue is getting more profitable over time.

Altman Z-Score?

Tanger Factory Outlet Centers Inc's Altman Z-Score is 0.34, which places it in the distress. The Altman Z-Score gauges bankruptcy risk from profitability, leverage, and asset efficiency, and a higher reading points to lower financial distress risk.

Company info

SectorREAL ESTATE
IndustryREIT - RETAIL
CountryUSA
ExchangeNYSE
CurrencyUSD

Quick metrics

P/S ratio7.60x
ROE18.47%
Beta1.09
50D MA$36.47
200D MA$34.51
Shares out0.11B
Float0.11B
Short ratio
Avg volume0.9M

Performance

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YTD
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