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Tanger Inc.. (SKT) Fundamental Analysis & AI Grade 2026

SKT NYSE Real Estate Investment Trusts NC CIK: 0000899715
Updated This Month • Analysis: May 6, 2026 • SEC Data: 2026-03-31
Combined AI Grade
B
58% Confidence
N/A
B
58% Conf
Pending
Analysis scheduled

📊 SKT Key Takeaways

Revenue: $150.4M
Net Margin: 18.8%
Free Cash Flow: $36.3M
Current Ratio: N/A
Debt/Equity: 2.78x
EPS: $0.24
AI Grade: B with 58% confidence
Tanger Inc.. (SKT) receives a B fundamental grade with 58% confidence from our AI analysis based on SEC 10-K filings. With revenue of $150.4M, net profit margin of 18.8%, and return on equity (ROE) of 4.2%, Tanger Inc.. demonstrates mixed fundamentals in the Real Estate sector. Below is our complete SKT stock analysis for 2026.

Is Tanger Inc.. (SKT) a Good Investment?

Claude

TANGER demonstrates solid profitability with 18.8% net margins and strong free cash flow generation (24.2% FCF margin), but the capital structure is heavily leveraged at 2.78x debt-to-equity with weak returns on equity (4.2%) and assets (1.0%), raising sustainability concerns. Critical debt service metrics and liquidity ratios are unavailable, limiting ability to fully assess financial health.

Tanger Inc.. Key Strengths (SKT)

Claude
  • + Strong net profit margin of 18.8% demonstrates operational profitability
  • + Robust free cash flow generation at $36.3M (24.2% of revenue) provides debt servicing capability
  • + Adequate liquidity with $207.4M in cash and equivalents

SKT Stock Risks: Tanger Inc.. Investment Risks

Claude
  • ! Excessive leverage with debt-to-equity ratio of 2.78x and $1.9B long-term debt threatens equity cushion
  • ! Critically low return on equity (4.2%) and return on assets (1.0%) indicate inefficient capital deployment despite acceptable margins
  • ! Missing interest coverage ratio and current ratio prevent assessment of debt service capacity and short-term liquidity adequacy

Key Metrics to Watch

Claude
  • * Interest coverage ratio (must exceed 2.5x minimum for REIT safety)
  • * Debt reduction trajectory and leverage ratio trends
  • * Year-over-year revenue and operating cash flow growth rates

Tanger Inc.. (SKT) Financial Metrics & Key Ratios

Revenue
$150.4M
Net Income
$28.3M
EPS (Diluted)
$0.24
Free Cash Flow
$36.3M
Total Assets
$2.8B
Cash Position
$207.4M

💡 AI Analyst Insight

The 24.2% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.

SKT Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin N/A
Net Margin 18.8%
ROE 4.2%
ROA 1.0%
FCF Margin 24.2%

SKT vs Real Estate Sector: How Tanger Inc.. Compares

How Tanger Inc.. compares to Real Estate sector averages

Net Margin
SKT 18.8%
vs
Sector Avg 20.0%
SKT Sector
ROE
SKT 4.2%
vs
Sector Avg 8.0%
SKT Sector
Current Ratio
SKT 0.0x
vs
Sector Avg 1.5x
SKT Sector
Debt/Equity
SKT 2.8x
vs
Sector Avg 1.5x
SKT Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Tanger Inc.. Stock Overvalued? SKT Valuation Analysis 2026

Based on fundamental analysis, Tanger Inc.. has mixed fundamental signals relative to the Real Estate sector in 2026.

Return on Equity
4.2%
Sector avg: 8%
Net Profit Margin
18.8%
Sector avg: 20%
Revenue Growth
N/A
Year-over-year
Debt/Equity
2.78x
Sector avg: 1.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Tanger Inc.. Balance Sheet: SKT Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
2.78x
Debt/Assets
75.4%
Interest Coverage
N/A
Long-term Debt
$1.9B

SKT Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
24.2%
Free cash flow / Revenue

SKT Quarterly Earnings & Performance

Quarterly financial performance data for Tanger Inc.. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $138.7M $19.2M $0.17

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Tanger Inc.. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$36.3M
Cash generated from operations
Stock Buybacks
$20.0M
Shares repurchased (TTM)
Dividends Paid
$35.0M
Returned to shareholders

SKT SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Tanger Inc.. (CIK: 0000899715)

📋 Recent SEC Filings

Date Form Document Action
May 18, 2026 4 xslF345X06/wk-form4_1779136516.xml View →
May 18, 2026 4 xslF345X06/wk-form4_1779136506.xml View →
May 8, 2026 8-K skt-20260508.htm View →
May 4, 2026 10-Q skt-20260331.htm View →
Apr 30, 2026 8-K skt-20260430.htm View →

Frequently Asked Questions about SKT

What is the AI rating for SKT?

Tanger Inc.. (SKT) has an AI grade of B with 58% confidence, based on fundamental analysis of SEC EDGAR filings.

What are SKT's key strengths?

Claude: Strong net profit margin of 18.8% demonstrates operational profitability. Robust free cash flow generation at $36.3M (24.2% of revenue) provides debt servicing capability.

What are the risks of investing in SKT?

Claude: Excessive leverage with debt-to-equity ratio of 2.78x and $1.9B long-term debt threatens equity cushion. Critically low return on equity (4.2%) and return on assets (1.0%) indicate inefficient capital deployment despite acceptable margins.

What is SKT's revenue and growth?

Tanger Inc.. reported revenue of $150.4M.

Does SKT pay dividends?

Tanger Inc.. pays dividends, with $35.0M distributed to shareholders in the trailing twelve months.

Where can I find SKT SEC filings?

Official SEC filings for Tanger Inc.. (CIK: 0000899715) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is SKT's EPS?

Tanger Inc.. has a diluted EPS of $0.24.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is SKT's fundamental grade?

Based on our AI fundamental analysis in May 2026, Tanger Inc.. has a B grade with 58% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is SKT stock overvalued or undervalued?

Valuation metrics for SKT: ROE of 4.2% (sector avg: 8%), net margin of 18.8% (sector avg: 20%). Compare these metrics with sector averages to assess valuation.

What is SKT's AI grade for 2026?

Our dual AI analysis gives Tanger Inc.. a combined B grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is SKT's free cash flow?

Tanger Inc..'s operating cash flow is $36.3M, with capital expenditures of N/A. FCF margin is 24.2%.

How does SKT compare to other Real Estate stocks?

Vs Real Estate sector averages: Net margin 18.8% (avg: 20%), ROE 4.2% (avg: 8%), current ratio N/A (avg: 1.5).

Is Tanger Inc.. carrying too much debt?

SKT has a debt-to-equity ratio of 2.78x, which is above the Real Estate sector average of 1.5x. Combined with a current ratio below 1, this warrants careful monitoring of the balance sheet.

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 6, 2026 | Data as of: 2026-03-31 | Powered by Claude AI