Tanger Acquires Toledo Town Center, Expanding Portfolio
Reported by Dow Jones Newswires
Sentiment
Positive
Importance
7
Price
$35.53
Mkt Cap
$4.131B
52W Low
$28.69
52W High
$37.95
Market data snapshot near publication time
Summary
Tanger Inc. has acquired The Town Center At Levis Commons in Toledo, Ohio. This strategic acquisition expands the company's real estate portfolio, following recent positive financial results including strong Q1 2026 performance and a dividend increase. For a REIT, property acquisitions are key to driving future revenue and Funds From Operations (FFO) growth.
At the time of this announcement, SKT was trading at $35.53 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $4.1B. The 52-week trading range was $28.69 to $37.95. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.
Price Chart
SKT - Latest Insights
SKT
May 28, 2026, 8:00 AM EDT
Price at Filing:
$35.53
Real-time Price:
$40.46
Change:
+$4.93 (+14%)
Market Cap:
$4.648B
SKT
May 04, 2026, 9:12 AM EDT
Price at Filing:
$36.91
Real-time Price:
$40.46
Change:
+$3.55 (+10%)
Market Cap:
$4.648B
SKT
Apr 30, 2026, 4:26 PM EDT
Price at Filing:
$37.08
Real-time Price:
$40.46
Change:
+$3.38 (+9%)
Market Cap:
$4.648B
SKT
Apr 13, 2026, 8:05 AM EDT
Price at Filing:
$37.32
Real-time Price:
$40.46
Change:
+$3.14 (+8%)
Market Cap:
$4.648B
SKT
Mar 26, 2026, 8:50 AM EDT
Price at Filing:
$33.95
Real-time Price:
$40.46
Change:
+$6.51 (+19%)
Market Cap:
$4.648B
SKT
Feb 27, 2026, 6:41 AM EST
Price at Filing:
$37.40
Real-time Price:
$40.46
Change:
+$3.06 (+8%)
Market Cap:
$4.648B
SKT
Feb 26, 2026, 6:12 PM EST
Price at Filing:
$37.40
Real-time Price:
$40.46
Change:
+$3.06 (+8%)
Market Cap:
$4.648B
SKT
Feb 26, 2026, 4:08 PM EST
Price at Filing:
$37.63
Real-time Price:
$40.46
Change:
+$2.83 (+8%)
Market Cap:
$4.648B
SKT
Feb 24, 2026, 4:06 PM EST
Price at Filing:
$35.56
Real-time Price:
$40.46
Change:
+$4.90 (+14%)
Market Cap:
$4.648B
SKT
Jan 12, 2026, 4:06 PM EST
Price at Filing:
$34.06
Real-time Price:
$40.46
Change:
+$6.40 (+19%)
Market Cap:
$4.648B