When does Tanger (SKT) report earnings next?

Tanger's next results are projected for February 23, 2027, from the dates of its own results filings with the SEC. The company has not confirmed the date. It last reported on November 4, 2026.

What is SKT's short interest?

As of October 30, 2026, 7.3M SKT shares were sold short, 6.33% of its shares outstanding, down 0.8% from the count before. At the stock's average daily volume that is 7.7 days to cover. FINRA publishes the count twice a month.

Have members of Congress traded SKT?

Reports made public in the last 90 days disclose 1 trade in SKT by 1 filer: 0 purchases and 1 sale. They are filed under the STOCK Act by members of Congress, the President and senior officials.

Tanger

SKTNYSEUSD

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$39.80

+$0.05 (+0.13%)Today 1M +13.31%

After hours$39.800.00%Nov 11, 4:00 PM ET

Updated Nov 11, 4:00 PM ET · Regular session · May be delayed




: $39.75
: $39.31–$39.90
: 590.8K
: Feb 23 projected
: $31.13–$42.53

Understand the Business

Why the Stock Moved

Period-matched expectations history is not yet available. Current metrics are not a substitute for a historical explanation.

The core investment thesis

Own SKT if Tanger (SKT) converts a geographically concentrated, brand-heavy portfolio of outlet and open-air centers into durable rental cash flow by maintaining very high occupancy and re-leasing spreads, then growing EBITDA via selective acquisitions and active.

What must remain true for the stock to work.Explore the thesis

4 hours

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Investment thesis

What must happen next

3 MATERIAL PROPOSITIONS

Tanger’s branded outlet portfolio and high occupancy deliver consistent above-market re-leasing spreads and thus predictable rental revenue growth.StrengtheningMateriality: High
Rental revenues rose from $438.9M (2023) to $497.5M (2024) to $550.9M (2025) (OperatingLeaseLeaseIncome). If re-leasing spreads and occupancy hold, rental revenue and FFO stay resilient and support distributions and a premium valuation; if outlet demand erodes, revenue and payout coverage will compress.
Watch: National brands materially shift inventory away from outlet channels toward direct online/off-price platforms, reducing outlet store assortments and foot traffic.
Supporting sources
Source notes are factual paraphrases; read the original disclosures below.
Rental revenues rose from $438.9M (2023) to $497.5M (2024) to $550.9M (2025) (OperatingLeaseLeaseIncome).
Open source ↗
Selective acquisitions and development that expand GLA can be accretive to EBITDA and rental revenue if funded without excessive leverage, because new properties immediately add contractual rents and re-leasing upside.HoldingMateriality: High
Total assets increased to $2.655B at 12/31/2025 from $2.381B at 12/31/2024, reflecting acquisitions and development. Accretive portfolio growth lifts overall cash flow and distribution capacity; uneconomic or highly leveraged deals destroy returns and pressure the payout.
Watch: MD&A: higher interest expense from increased balances on unsecured lines of credit used to partially fund acquisitions (directly raises financing cost).
Supporting sources
Source notes are factual paraphrases; read the original disclosures below.
Total assets increased to $2.655B at 12/31/2025 from $2.381B at 12/31/2024, reflecting acquisitions and development.
Open source ↗
REIT payout rules plus management’s stated distribution practice convert rental cash flow into predictable distributions, but cash balances fluctuate with acquisitions and capex, so coverage depends on operating cashflow and disciplined capital allocation.HoldingMateriality: Medium
Business text: company operates to preserve REIT status and intends to make distributions equal to at least 90% of taxable income. Sustained distribution coverage protects the income investor thesis; sustained cash consumption for acquisitions or rising capex without covered operating cash flow risks dividend cuts and a valuation hit.
Watch: Large near-term acquisitions or development funded by credit lines could pressure liquidity and increase interest expense (MD&A notes increased interest expense).
Supporting sources
Source notes are factual paraphrases; read the original disclosures below.
Business text: company operates to preserve REIT status and intends to make distributions equal to at least 90% of taxable.
Open source ↗

Full investment case & evidence

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Original research

Tanger’s branded outlet portfolio and high occupancy deliver consistent above-market re-leasing spreads and thus predictable rental revenue growth. If re-leasing spreads and occupancy hold, rental revenue and FFO stay resilient and support distributions and a premium valuation; if outlet demand erodes, revenue and payout coverage will compress.

Selective acquisitions and development that expand GLA can be accretive to EBITDA and rental revenue if funded without excessive leverage, because new properties immediately add contractual rents and re-leasing upside. Accretive portfolio growth lifts overall cash flow and distribution capacity; uneconomic or highly leveraged deals destroy returns and pressure the payout.

REIT payout rules plus management’s stated distribution practice convert rental cash flow into predictable distributions, but cash balances fluctuate with acquisitions and capex, so coverage depends on operating cashflow and disciplined capital allocation. Sustained distribution coverage protects the income investor thesis; sustained cash consumption for acquisitions or rising capex without covered operating cash flow risks dividend cuts and a valuation hit.

All standing thesis claims

Original report summary

Tanger (SKT) converts a geographically concentrated, brand-heavy portfolio of outlet and open-air centers into durable rental cash flow by maintaining very high occupancy and re-leasing spreads, then growing EBITDA via selective acquisitions and active.

Bull case and bear case

Bull case and bear case for Tanger

Where the evidence on Tanger stands: Holding on the latest evidence (Nov 11, 2026). Of its 3 thesis points, 1 strengthening and 2 holding.

Bull case: what the evidence supports

Tanger’s branded outlet portfolio and high occupancy deliver consistent above-market re-leasing spreads and thus predictable rental revenue growth.
sec.gov ↗
Selective acquisitions and development that expand GLA can be accretive to EBITDA and rental revenue if funded without excessive leverage, because new properties immediately add contractual rents and re-leasing upside.
sec.gov ↗
REIT payout rules plus management’s stated distribution practice convert rental cash flow into predictable distributions, but cash balances fluctuate with acquisitions and capex, so coverage depends on operating cashflow and disciplined capital allocation.
sec.gov ↗

Bear case: what would count against it

National brands materially shift inventory away from outlet channels toward direct online/off-price platforms, reducing outlet store assortments and foot traffic.
sec.gov ↗
MD&A: higher interest expense from increased balances on unsecured lines of credit used to partially fund acquisitions (directly raises financing cost).
sec.gov ↗
Large near-term acquisitions or development funded by credit lines could pressure liquidity and increase interest expense (MD&A notes increased interest expense).
sec.gov ↗

Thesis-Break Engine

Thesis-break watch · Tanger

Trailing daily price. No thesis break has crossed here, so there is no break base rate to project.

No break has crossed Tanger’s thesis. Its break conditions are checked against every new filing as it lands.

How the Thesis-Break Engine works →Historical outcomes are measured against the market after past breaks of the same kind, across all companies. Not a prediction.

MARKET + FINANCIAL SNAPSHOT

The numbers behind the thesis

Sourced from filings and market data

What Changed

MixedNov 4, 2026
Reported results of operations (earnings release).
Tanger filed an SEC 8-K on 2026-11-04: Reported results of operations (earnings release). It is a dated development that tests the current thesis.
MixedAug 4, 2026
Reported results of operations (earnings release).
Tanger filed an SEC 8-K on 2026-08-04: Reported results of operations (earnings release). It is a dated development that tests the current thesis.
MixedMay 8, 2026
Other material event.
Tanger filed an SEC 8-K on 2026-05-08: Other material event. It is a dated development that tests the current thesis.

Evidence assessed 2026-11-11 · Page updated 2026-11-11

Risks / falsifiers

What could break the thesis

National brands materially shift inventory away from outlet channels toward direct online/off-price platforms, reducing outlet store assortments and foot traffic.
MD&A: higher interest expense from increased balances on unsecured lines of credit used to partially fund acquisitions (directly raises financing cost).
Large near-term acquisitions or development funded by credit lines could pressure liquidity and increase interest expense (MD&A notes increased interest expense).

SKT news

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Financial statements

SKT income statement

Annual filed results · USD · Oldest to newest. Margins are calculated from the reported figures.

SKT: quick answers

When does Tanger (SKT) report earnings next?: Tanger's next results are projected for February 23, 2027, from the dates of its own results filings with the SEC. The company has not confirmed the date. It last reported on November 4, 2026. Earnings calendar
What is SKT's short interest?: As of October 30, 2026, 7.3M SKT shares were sold short, 6.33% of its shares outstanding, down 0.8% from the count before. At the stock's average daily volume that is 7.7 days to cover. FINRA publishes the count twice a month. SKT short interest history
Have members of Congress traded SKT?: Reports made public in the last 90 days disclose 1 trade in SKT by 1 filer: 0 purchases and 1 sale. They are filed under the STOCK Act by members of Congress, the President and senior officials. Every disclosed SKT trade