SKT Stock Analysis: Buy, Sell, or Hold?

SKT - Tanger Inc.

REAL ESTATE INVESTMENT TRUSTS
$38.22
-0.01 (-0.03%) ▼
5d: -0.6%
30d: -7.03%
90d: +6.76%
BUY
HIGH Confidence
Analysis Updated: Aug 21, 2026 12:00 AM ET
Earnings: Aug 04, 2026 0d

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Interactive Price Chart (1 Month)

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💡
Bottom Line:
✅ BUY SIGNAL: SKT shows strong fundamentals and good volume confirmation. Solid entry point despite oversold pricing.
See Forward Earnings Fair Value & Price Prediction →

Long-Term Wealth Forecast (2031)

Based on Analyst Consensus Growth & Historical Valuation

0% (Stagnation) 50% (Hyper Growth)
EST. PRICE IN 2031
$39.51
Based on 6.0% avg growth
INTRINSIC VALUE TODAY
$24.53
Trading above historical range

How this is calculated: We use a Growth Decay Model: starting with analyst consensus growth (adjusted above) and gradually slowing it down to a long-term terminal rate (4%) by Year 5. This provides a more realistic valuation than assuming constant hyper-growth. We then apply a 25.0x Exit PE.

In-depth Analysis How we analyze

Valuation Analysis: SKT is currently trading at $38.22, which is considered oversold relative to its 30-day fair value range of $38.68 to $41.59. The stock's valuation (Forward PE: 32.4) is in line with its historical norms (30.6). At these levels, the market is pricing in 1.9% annual earnings growth. This growth rate appears achievable given the company's track record, suggesting the valuation is rational.

Technical Outlook: Technically, SKT is in a strong uptrend. The price is currently testing key support at $37.80. A bounce from this level would confirm strength, while a break below could signal further downside.

Market Sentiment: SKT scores 71/100 on our bottoming-setup gauge — the chart has corrected and is stabilizing (RSI reset, momentum turning up), historically a favorable entry zone. Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.

Quick Decision Summary

Current Position OVERSOLD
Historical Trading Range $38.68 - $41.59
Company Quality Score 66/100 (BUY)
Volume Confirmation HIGH
Confidence Score 86.7%

All Signals

  • BULLISH: Price oversold vs 30-day range
  • BULLISH: Strong technical setup (71/100)
  • BULLISH: High volume confirmation
  • NEUTRAL: Near Wall St target ($41.36)
  • NEUTRAL: Market pricing in 1.9% annual earnings growth - fairly valued
  • BULLISH: Bottoming setup score 71/100 — corrected, stabilizing, and turning up

Trading Range Analysis

30-Day Trading Range $38.68 - $41.59
Current vs Trading Range OVERSOLD

Support & Resistance Levels

Support Level $37.80
Resistance Level $39.26
Current Trend Strong Uptrend
Technical data as of Aug 21, 2026

Fundamental Context

Forward P/E (Next Year Est.) 32.35
Wall Street Target $41.36 (+8.2%)
Revenue Growth (YoY) 11.5%
Earnings Growth (YoY) 10.8%
Profit Margin 20.2%
Valuation Premium vs History +1.9% premium
PE vs Historical 32.4 vs 30.6 FAIR
Market-Implied Price Targets If current PE multiple persists
Implied Growth (YoY): +1.9% (market-implied from PE analysis)
1-Year Target $38.95 (+2%)
2-Year Target $39.69 (+4%)
3-Year Target $40.44 (+6%)
3-Yr Target (if PE normalizes) (PE: 32→31) PE COMPRESSION $38.26 (+0%)
Earnings growth offset by PE compression
3-Year Scenarios Using analyst projected EPS growth
Bull: (PE: 32.3, Growth: 8.0%) $48.09 (+26%)
Base: (SPY PE: 20.1, Growth: 8.0%) $29.84 (-22%)
Bear: (PE: 17.1, Growth: 8.0%) $25.36 (-34%)
📈 Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (35x PE), but valuation improves significantly next year (32x PE) as earnings recover.
Trailing PE: 35.40 | Current EPS (TTM): $1.08
Bull Case $46.01 (+20%)
Analyst growth 9.4%, PE expands to 38.9
Base Case $41.83 (+9%)
Market implied 9.4%, PE stable at 35.4
Bear Case $26.00 (-32%)
Severe decline -20.0%, PE contracts to 30.1
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
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Last updated: August 24, 2026 7:47 AM ET
Data refreshes hourly during market hours. Next update: 8:47 AM
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Insider Activity (6 Months)
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NEUTRAL

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