Tanger Posts Strong Q4 2025 Results, Signals 2026 Growth
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The latest announcement is out from Tanger ( (SKT) ).
Tanger reported on February 24, 2026 that fourth-quarter 2025 net income available to common shareholders rose to $0.29 per share from $0.23 a year earlier, while Funds From Operations increased to $0.63 per share from $0.54, supported by occupancy of 98.1% and a 5.6% year-on-year rise in cash Same Center NOI. For full-year 2025, net income grew to $0.99 per share despite a non-cash impairment tied to the April 2025 sale of its Howell, Michigan center, as FFO climbed to $2.33 per share and Same Center NOI advanced 4.3%, underpinned by record annual leasing volume, higher tenant sales per square foot, and recent financing transactions that enhanced balance sheet liquidity and flexibility.
Average tenant sales per square foot increased to $473 for the twelve months ended December 31, 2025 from $443 a year earlier, reflecting ongoing remerchandising and replacement of less productive tenants. Management highlighted strong retailer demand, a solid leasing pipeline, and favorable demographic trends across its markets as key drivers of growth, reinforcing Tanger’s positioning for sustained value creation and continued expansion in 2026.
The most recent analyst rating on (SKT) stock is a Hold with a $36.00 price target. To see the full list of analyst forecasts on Tanger stock, see the SKT Stock Forecast page.
Spark’s Take on SKT Stock
According to Spark, TipRanks’ AI Analyst, SKT is a Outperform.
The score is driven primarily by solid underlying financial performance (strong margins and cash conversion) and constructive technical trend. Positive earnings-call updates and recent financing actions that improve liquidity support the outlook, while a relatively high P/E and elevated leverage keep the overall score in the low-70 range.
To see Spark’s full report on SKT stock, click here.
More about Tanger
Tanger (NYSE: SKT) is a real estate investment trust that owns and operates outlet and open‑air retail shopping destinations. The company focuses on curating brand‑name and value-oriented retailers in high-traffic, demographically attractive markets, positioning its centers as focal points of local community shopping and entertainment.
Average Trading Volume: 972,300
Technical Sentiment Signal: Buy
Current Market Cap: $3.97B
For detailed information about SKT stock, go to TipRanks’ Stock Analysis page.
