Tanger Inc. (SKT) Fair Value 2026

SKT · REIT - Retail ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

3.5 /10

32 fundamental signals · 5 models active

Value Trap Risk

SAFE (0/100)

Quick Summary — As of 2026-08-28, Tanger Inc. (SKT) trades at $37.73, versus a $11.02 median fair value across its 5 active models — 70.8% below the current price. QOC: 3.5/10. Value Trap Risk: 0/100 (SAFE). 5/13 models active.

Key Facts

Ticker
SKT
Price
$37.73
Quality Score
3.5/10
Value Trap Risk
0/100
Models Active
5/13
Last Updated
Strength: 5 independent models provide multi-angle coverage
Risk: Below-average Quality Score of 3.5/10 signals weak fundamentals

Is Tanger Inc. (SKT) Undervalued or Overvalued in 2026?

According to CirclFi’s 5-model valuation engine, Tanger Inc. (SKT) appears overvalued as of : the median of 5 independent fair value estimates is $11.02, 70.8% below the current price of $37.73. Estimates range from $8.26 to $25.45. SKT scores 3.5/10 on fundamental quality and 0/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.4% versus its own 13-model consensus, across 3,809 rated companies as of 2026-08-28. SKT’s -70.8% gap is wider than that market norm, and the REIT - Retail sector median is -43.5%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy Tanger Inc. Stock in 2026? →

What Fair Value Does Each Model Give SKT?

5 Intrinsic Value Models vs. Current Price ($37.73)

Core Models (Unlocked)
Model Fair Value Upside
Ensemble · Low Conviction
 $12.36 -67.3%
Intrinsic · Medium Conviction
 $11.02 -70.8%
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What Is SKT's Fair Value Range?

Spread across 5 independent models · $8.26 to $25.45

CirclFi's 5 active models place Tanger Inc. (SKT) between $8.26 and $25.45 per share, a spread of 156% of the median. The median of that range — $11.02 — is the fair value CirclFi publishes for SKT, against a current price of $37.73.

Low · ML-RIVHigh · Regime Cross
$8.26median $11.02$25.45
Where the range comes from
Most bearish modelML Residual Income$8.26
Most bullish modelRegime Cross-Sectional$25.45
Model agreement0 bullish · 5 bearishwide

A band this wide is itself the finding. When independent methods land far apart, they are reading a business whose value depends heavily on which lens you apply — volatile earnings, heavy reinvestment, or an asset base that cash-flow and asset-based methods score differently. That disagreement is information: it says the choice of method matters more than usual for SKT. Treat the median as one reading among several and compare the individual models below before acting.

Every figure above is one model's standalone output on SKT, not a CirclFi price target. How each model works →

What Is Tanger Inc. (SKT) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, Tanger Inc.'s intrinsic value is estimated at $11.02. Trading at its current price of $37.73, the valuation engine raises significant caution: 5 of 5 models flag downside risk, projecting a median implied return of -70.8%. Model dispersion is worth noting: Regime Cross targets $25.45 (-32.5%), versus ML-RIV at $8.26 (-78.1%). This +45.6% range highlights the importance of multi-model analysis rather than relying on any single methodology.

What Do the Models Say About SKT?

5 of 13 models are currently active for SKT. All 5 active models suggest the stock trades above fair value. Taken together, their median fair value for SKT is $11.02 — the figure CirclFi publishes as this stock's fair value. See which stocks rank higher →

How Does SKT Rank in REIT - Retail?

Among 26 REIT - Retail stocks, SKT ranks #26 by Quality of Company score. CirclFi's QOC score of 3.5/10 evaluates 32 fundamental signals. A score of 3.5 signals below-average fundamentals.

The REIT - Retail sector introduces analytical considerations specific to consumer-facing company businesses. For Tanger Inc., metrics like customer lifetime value (CLV) provide important context that general-purpose valuation models may underweight.

Is SKT a Value Trap?

CirclFi's Value Trap algorithm assigns SKT a score of 0/100 (SAFE). This indicates minimal risk. Fundamentals are healthy. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

5 of 13 models are active for Tanger Inc.. Limited activation may indicate insufficient history. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Quality of Company (QOC) framework, Tanger Inc. earns a quality score of 3.5/10. This mixed rating reflects the company's standing across 32 fundamental signals spanning profitability, growth consistency, balance sheet strength, and capital allocation efficiency.

The gap between the most bullish and bearish model spans +45.6% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every SKT valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across SKT's 5 active models, average confidence is 34%. Lower confidence may reflect limited history or high volatility.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy Tanger Inc. Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar REIT - Retail Stocks Should You Also Analyze?

9 related REIT - Retail stocks with 13-model coverage

MACThe Macerich CompanyQOC 5.9FRTFederal Realty Investment TrustQOC 8.9WHLRWheeler Real Estate Investment Trust, Inc.QOC 6.3REGRegency Centers CorporationQOC 8.6PINEAlpine Income Property Trust, Inc.QOC 6.8EPRTEssential Properties Realty Trust, Inc.QOC 8.6ADCAgree Realty CorporationQOC 8.0SITCSITE Centers Corp.QOC 7.6CURBCurbline Properties Corp.QOC 7.3

Read investment analysis: MAC · FRT · WHLR · REG · PINE · EPRT · ADC · SITC · CURB

Which Other Stocks Have a Similar Quality Score to SKT?

7 companies across all industries closest to SKT’s Quality of Company score of 3.5/10.

SBMTSilver Bow Mining Corp.QOC 3.5OXLCOxford Lane Capital Corp.QOC 3.5COAGHemab Therapeutics Holdings, Inc.QOC 3.5RTGNRetinalGenix Technologies Inc.QOC 3.5GMTLGuardian Metal Resources PLCQOC 3.5GENBGenerate Biomedicines, Inc.QOC 3.5NVDANVIDIA CorporationQOC 10.0

Read investment analysis: SBMT · OXLC · COAG · RTGN · GMTL · GENB · NVDA

What Else Do Investors Ask About Tanger Inc.’s Valuation?

What is Tanger Inc.'s intrinsic value in 2026?

CirclFi puts Tanger Inc. (SKT)'s intrinsic value at $11.02 — the median of 5 independent model estimates as of 2026-08-28, ranging from $8.26 to $25.45. The Quality of Company score is 3.5/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is SKT overvalued or undervalued right now?

At $37.73, 0 of 5 active models suggest SKT may be undervalued, while 5 indicate potential overvaluation. The median of all 5 fair value estimates is $11.02, 70.8% below the current price of $37.73 — a consensus view that SKT is overvalued. The assessment depends on which methodology best fits Tanger Inc.'s business model in REIT - Retail.

What does a Quality of Company score of 3.5 mean for SKT?

Tanger Inc.'s QOC of 3.5/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores below 5 flag potential fundamental weaknesses requiring careful analysis.

How many valuation models does CirclFi run on SKT?

CirclFi analyzes SKT with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 5 of 13 are active for this stock. Read the full methodology →

Which valuation models are most bullish and most bearish on SKT?

Of the 5 models currently active on SKT, Regime Cross-Sectional is the most bullish at $25.45 per share, and ML Residual Income is the most bearish at $8.26. CirclFi's published fair value for SKT is the median of that range, $11.02, not either extreme. The gap between the two ends equals 156% of the median — a wide spread, meaning the methods genuinely disagree and the median should carry less weight. Browse stocks by value-trap risk →

Is SKT a value trap in 2026?

Tanger Inc.'s Value Trap score is 0/100 (SAFE). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap.

Cite this analysis — “According to CirclFi’s 5-model valuation engine, Tanger Inc. (SKT) has a median fair value of $11.02 — 70.8% below the current price of $37.73 — as of 2026-08-28.” Source: circlfi.com/stock/SKT/ · Methodology
Primary sources for this SKT valuation
  • Financial statements: Tanger Inc. 10-K and 10-Q filings on SEC EDGAR (CIK 0000899715) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for SKT as of ; valuations recomputed .

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