Insider buying last 90 days
No open-market insider purchases were filed for SKT in the last 90 days.
From Form 4 filings, dated to when each was filed.
This week's news around Tanger centers on store-level expansion and upcoming earnings. Build-A-Bear Workshop is opening a new location at Tanger Outlets near Columbus, Ohio, adding to the center's family-oriented retail mix. Separately, Tanger confirmed it will report third-quarter 2026 results on 4 November, following a Q2 in which revenue reached $156.39 million and diluted EPS came in at $0.29, with full-year FFO guidance raised. Commentary also noted the stock's 17% decline from its 52-week high, a valuation of 14.1x FFO versus the sector median, and a "Hold" rating, alongside a mention in a broader industry outlook piece covering Simon Property and Realty Income.
Tanger closed at $35.24, down 3.1% over one month and 11.6% over three months, though still up 7.7% over the past year. The price sits between its 50-day average of $36.98 and 200-day average of $36.55. The GekkoIndex reads 62.8, placing the stock in the Accumulation zone, while the price stands 15.5% below Gekko Fair Value of $41.71.
Earnings are scheduled for 4 November, 22 days out and within a typical 20-trading-day holding window; the prior report showed core FFO of $0.63 per share against a $0.26 estimate, with a 5.6% reaction. Seasonality over the past 5 years has averaged a 13.8% move across the next 20 trading days, rising in all 5 instances. No insider, Congress or unusual options activity appears in the current window. Analyst consensus across 7 firms shows a target of $40.40.
Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.
Tanger scores 3 supportive, 1 mixed and 1 headwind across the 5 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
3 supportive1 mixed1 headwind
Averages disagree
Close $35.24 sits between the 50-day ($36.98) and 200-day ($36.55) averages, or the averages disagree.
See the chart62.8, Accumulation
Reading 62.8 is in the Accumulation zone.
See the GekkoIndex15.5% below
Price is 15.5% below Gekko Fair Value (more than 5% below).
See fair valueNo data
No insider, Congress or unusual options activity in the window.
See smart moneyReports in 23 days
Reports on Nov 4, 2026, 23 days away — inside a typical 20-trading-day hold.
See earnings+13.8% on average
From this point in the calendar, the next 20 trading days averaged +13.8% over 5 years, rising in 5 of them.
See seasonalityA description of current data, not a recommendation. How this page works
Tanger closed at $35.24 on Oct 12, 2026, +7.7% over the past year, inside a 52-week range of $31.13 to $42.53.
Use the left and right arrow keys to read daily values.
Put SKT on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.
Tanger owns and runs outlet centers and open-air shopping properties, drawing on more than four decades of work in retail real estate. Its holdings include 38 outlet centers, one managed property nearby, and an open-air lifestyle center, together totaling over 15 million square feet of retail space. The company is known for placing these centers in popular tourist areas and active markets.
The properties span 20 U.S. states and Canada, hosting over 3,000 stores operated by more than 700 different brand-name retailers. Tanger has operated as a publicly traded Real Estate Investment Trust since 1993, generating income from the retail space it leases to these tenants.
Tanger's shares trade under the ticker SKT.
Tanger’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 62.8, in the Accumulation zone, down 6.4 points over five sessions.
Down 6.4 points over five sessions.
Reading for Oct 12, 2026
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 29 | −0.4% | −2.2% | ||
| Accumulation (current zone) | 205 | +0.7% | +2.2% | ||
| Neutral | 376 | 0.0% | +0.6% | ||
| Distribution | 25 | −0.6% | −2.3% | ||
| Selling | 0 | Not available | |||
Average SKT share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.2% over 20 days. Past behaviour doesn’t guarantee future results.
Accumulation zone: Institutional interest building. About the five zones →
Tanger trades 15.5% below Gekko Fair Value of $41.71, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what Tanger shares are worth, recalculated every trading day.
$41.71
Gekko Fair Value, Oct 10, 2026
15.5% Undervalued
At the end of Aug 2026 the price was 16.6% below the estimate.
No open-market insider purchases were filed for Tanger, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
No open-market insider purchases were filed for SKT in the last 90 days.
From Form 4 filings, dated to when each was filed.
No trades in SKT were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Tanger has been buying back its own shares.
From company filings.
Tanger reports on Nov 4, 2026, before the open (23 days away), and beat the EPS estimate in 6 of its last 8 reports.
Nov 4, 2026
Expected before the open, 23 days away
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Feb 24, 2026 | $0.63 est $0.26 | $151.0M est $143.1M | +5.6% |
| Nov 4, 2025 | $0.60 est $0.58 | $145.2M est $145.9M | +3.4% |
| Aug 4, 2025 | $0.58 est $0.56 | $140.7M est $138.8M | +9.4% |
| Apr 30, 2025 | $0.53 est $0.53 | $135.4M est $128.2M | −4.7% |
| Apr 28, 2025 | $0.20 est $0.22 | $135.4M est $128.2M | −2.2% |
| Feb 19, 2025 | $0.54 est $0.52 | $140.7M est $129.1M | +3.5% |
| Feb 13, 2025 | $0.23 est $0.20 | — | +2.0% |
| Nov 6, 2024 | $0.54 est $0.53 | $133.0M est $128.4M | +5.9% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
Analysts’ average 12-month price target for Tanger is $40.40, +14.6% from the last close, from 7 firms rating the stock in the last 90 days.
Each firm’s latest rating in the last 90 days: 7 firms.
| Date | Firm | Target | vs price |
|---|---|---|---|
| Oct 7 | Goldman Sachs | $40 | +13.5% |
| Sep 28 | Barclays | $41 | +16.3% |
| Sep 24 | J.P. Morgan | $39 | +10.7% |
| Sep 21 | Evercore ISI | $37 | +5.0% |
| Aug 18 | Evercore ISI | $39 | +10.7% |
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Over the next 20 trading days from Oct 10, Tanger averaged +13.8% across the last 5 years, rising in 5 of them.
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | +4.9% | 5 of 5 |
| Next 10 trading days | +5.9% | 4 of 5 |
| Next 15 trading days | +6.3% | 4 of 5 |
| Next 20 trading days | +13.8% | 5 of 5 |
| Next 30 trading days | +16.6% | 5 of 5 |
For scale, SKT’s typical 20-trading-day move in either direction is about 4.7%.
Tanger’s market cap is $4.05B, with a P/E ratio of 31.8 and revenue of $627.7M over the last twelve months.
Coverage of Tanger this week reads positive: 3 positive, 0 neutral and 1 negative headlines.
Tanger’s market cap is $4.05B at the Oct 12, 2026 close of $35.24, with 114.9M shares outstanding. The shares trade on a P/E ratio of 31.8.
The consensus analyst 12-month price target for Tanger is $40.40, +14.6% from the last close. Of the 7 firms that rated the stock in the last 90 days, 1 rate it a buy, 5 a hold and 1 a sell. Gekko doesn’t publish price predictions of its own.
On Gekko’s estimate Tanger is undervalued: the Oct 12, 2026 close of $35.24 is 15.5% below Gekko Fair Value of $41.71. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
Tanger is expected to report on Nov 4, 2026, before the market opens (23 days away). Analysts expect earnings of $0.27 per share on revenue of $148.7M. Tanger beat the earnings estimate in 6 of its last 8 reports, moving 4.6% on average across the report.
Tanger’s 52-week high is $42.53 and its 52-week low is $31.13; it closed at $35.24 on Oct 12, 2026, +7.7% over the past year.
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (gekkoindex, fair value and seasonality), 1 as mixed (trend) and 1 as a headwind (earnings risk). The checklist is a description of current data, not a recommendation.
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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