
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Tanger (SKT) have what it takes?
Tanger Factory Outlet Centers, Inc. (NYSE: SKT) is a leading operator of luxury outdoor outlet shopping centers that owns or has an ownership interest in a portfolio of 38 centers.
| Revenue (TTM) | $627.75M |
| Gross Profit (TTM) | $459.03M |
| EBITDA | $337.00M |
| Operating Margin | 32.60% |
| Return on Equity | 19.40% |
| Return on Assets | 4.72% |
| Revenue/Share (TTM) | $5.50 |
| Book Value | $5.87 |
| Price-to-Book | 6.07 |
| Price-to-Sales (TTM) | 6.75 |
| EV/Revenue | 9.55 |
| EV/EBITDA | 16.06 |
| Quarterly Earnings Growth (YoY) | 10.80% |
| Quarterly Revenue Growth (YoY) | 11.50% |
| Shares Outstanding | $114.88M |
| Float | $112.17M |
| % Insiders | 2.42% |
| % Institutions | 97.16% |
Volatility is currently expanding

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Tanger (SKT) have what it takes?

Simon Property, Realty Income and Tanger have been highlighted in this Industry Outlook article.

Simon Property Group, Realty Income and Tanger stand out as retail REITs to consider amid rate pressure, limited supply and resilient tenant demand.

Tanger has raised FFO guidance twice in 2026, yet shares have declined 17% from their 52-week high. SKT's portfolio transformation and strong leasing spreads support robust fundamentals, with FFO projected to grow 6.7% year-on-year. The balance sheet remains conservative with net debt/EBITDAre at 4.7x, significant liquidity, and no major maturities until 2030.

Tanger is rated a Buy after a near 20% selloff, with fundamentals and growth outpacing sector averages. SKT delivers strong rent spreads (10.8% last quarter), new tenant rent increases near 30%, and 18 consecutive quarters of positive rent spreads. Balance sheet remains solid; interest rate swaps partly cushion upcoming debt refinancing, though rate sensitivity is a near-term risk.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Tanger (SKT) have what it takes?

Tanger CEO Stephen Yalof discusses the Fed's decision to raise rates for the first time in three years and what consumers and shoppers are looking for in today's market on 'The Claman Countdown.'

Regency Centers, Phillips Edison, Tanger and Curbline pair tight retail supply with strong leasing demand and liquidity despite higher rates.

Tanger (SKT) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Tanger (SKT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Tiblio connects your broker and runs your put-and-call-writing strategy for you — on SKT and any ticker you trade — then tracks every position and per-strategy win rate.