Tanger stock sets November 4 results date after Q2 growth

Published on 10/07/2026 at 01:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Tanger stock was last at USD 34.94 on October 6, 2026, up 1.01 percent. Q2 revenue reached USD 156.39 million, while the Hold consensus target is USD 40.18.

SKT, US8754651060, Illustration mit AI erstellt.

Tanger (ISIN US8754651060) was last at USD 34.94 on the NYSE on October 6, 2026, up 1.01 percent from the prior close. The company will publish third-quarter 2026 results on November 4, 2026, after the market close, according to Tanger Inc. in a September 9, 2026 release.

Q2 revenue beat expectations

Tanger generated USD 156.39 million of revenue in Q2 2026, up 11.2 percent from the prior-year quarter. Diluted earnings per share reached USD 0.29, compared with a consensus estimate of USD 0.25, according to StockTitan.

Core FFO, the key REIT performance measure, was USD 0.64 per share in Q2 2026, while portfolio occupancy stood at 96.6 percent. Same Center NOI increased 3.5 percent to USD 106.9 million, and average tenant sales rose to USD 487 per square foot from USD 465 in the comparable period.

Guidance supports the next checkpoint

Management raised full-year 2026 FFO guidance to USD 2.45-2.52 per diluted share, according to StockTitan. That range gives the November results a clear test: tenant sales, occupancy and same-center income must continue to support the higher annual outlook.

Tanger operates 38 outlet centers and four open-air lifestyle centers across 22 U.S. states and Canada, with 17 million square feet and more than 3,000 stores. Its portfolio combines tourist-oriented locations with retail centers serving local markets, making occupancy and tenant sales important operating indicators.

Analysts keep a Hold consensus

The analyst consensus is Hold from 11 analysts, including two Buy ratings, eight Holds and one Sell. The average target is USD 40.18, with a high of USD 42.00 and a low of USD 38.00, according to MarketBeat. At USD 34.94, the average target lies 15.0 percent above the price.

A separate filing shows that executive Jessica K. Norman had 2,889 shares withheld on October 2, 2026, at USD 34.45 per share for tax withholding after 5,681 restricted shares vested. The filing also listed 34,902 direct common shares after the transaction, according to StockTitan.

Stock stays below its yearly high

SKT's USD 34.94 price on October 6, 2026, stood 17.8 percent below the 52-week high of USD 42.53 and above the 52-week low of USD 31.13. Market capitalization was USD 4.0 billion and volume was 1,452,894 shares on the same session.