Tanger Issues 2026 EPS Guidance of $1.06-$1.13
SKT sits 38% above its 52-week low of $29.56.
Summary
Tanger provided 2026 EPS guidance of $1.06 to $1.13, a new data point for the market. The stock is trading near its 52-week high of $42.53, suggesting the guidance may be in line with or slightly below elevated expectations. This follows a strong Q1 2026 reported in May, where net income and FFO rose significantly. The guidance range will be the key benchmark for the remainder of the year.
At the time of this announcement, SKT was trading at $40.72 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $4.7B. The 52-week trading range was $29.56 to $42.53. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.