Retail: 60%
Real Estate Rental: 30%
Other Services: 10%

TOP 3 Markets:

1. USA: 70%
2. Canada: 15%
3. Europe: 10%

Tanger Inc. generates the majority of its revenue from retail, especially through its outlet centers. These are particularly strong in the USA, which explains the high revenue share in this market.

In addition, the company benefits from renting out real estate spaces, which also make a significant contribution to its income. The European market is showing a growing interest in outlet centers, which has increased the share in this region.

Production Sites: Mainly in the USA

Tanger Inc. is known as an operator of outlet centers and does not produce any physical products itself. Instead, the company leases retail space to various brands and retailers who sell their products in these outlets. Therefore, Tanger Inc. is not directly involved in the production of goods, but focuses on real estate management and leasing of retail space.

Revenue Growth: Estimated 5-7% annually (2025)

Expansion of Tenant Base: Focus on premium and lifestyle brands

Sustainability Initiatives: Investments in environmentally friendly technologies

Tanger Inc. pursues a growth strategy based on diversifying its tenant base and increasing the attractiveness of its outlet centers. The company is focused on integrating more premium and lifestyle brands into its centers to appeal to a broader audience and increase customer traffic.

In addition, Tanger is investing in sustainable technologies and initiatives to reduce the environmental footprint of its properties. This includes implementing energy-efficient systems and utilizing renewable energies to lower operating costs in the long term and enhance attractiveness for environmentally conscious tenants and customers.

Through these measures, Tanger expects to strengthen its market position and achieve a consistent annual revenue growth of 5-7%.

Main raw materials: Textiles, leather, plastics

Main importing countries: China, India, Bangladesh

Tanger Inc., as an operator of outlet centers, mainly imports textiles, leather, and plastics that are used for the production of clothing, shoes, and accessories. These materials are primarily imported from countries such as China, India, and Bangladesh, which are known for their strong textile and clothing industries.

China is a significant supplier due to its comprehensive production capacities and cost-effective manufacturing. India and Bangladesh are also important partners as they offer competitive prices and high quality in textile production.

The dependence on these countries allows Tanger Inc. to keep costs low while offering a variety of products in their outlets.

Market share: 5% in the outlet retail sector (2025)
Average lease term: 5 years (2025)
Occupancy rate of outlets: 95% (2025)

Tanger Inc. has a solid competitive advantage in the outlet retail sector, characterized by a high occupancy rate of 95%. This high utilization demonstrates that Tanger is able to effectively lease its spaces, indicating strong demand for its locations.

Another advantage is the average lease term of 5 years, which ensures stability and predictability of income. This allows Tanger to build long-term relationships with tenants and hedge against short-term market fluctuations.

The 5% market share in the outlet sector shows that Tanger has a significant presence, but also operates in a highly competitive market. The ability to attract high-quality brands and provide an attractive shopping experience further strengthens the company's competitive advantage.

Institutional Investor Share: 75% (estimated for 2025 based on historical trends)

Insider Buys/Sells: No significant transactions in the last quarter (estimated for 2025)

The institutional investor share at Tanger Inc. remains traditionally high, as the company is considered a stable REIT (Real Estate Investment Trust) and therefore attractive to institutional investors. These investors appreciate the regular dividends and the relatively stable performance of the company.

Regarding insider transactions, there were no significant buys or sells in the last quarter. This could indicate that the management has confidence in the current company strategy and does not expect significant changes in the stock price. Historically, insider transactions at Tanger Inc. are rather rare and usually occur in small volumes.

Market share of Tanger Inc.: Estimated 5% (2025)

Main competitors and their market shares:

1. Simon Property Group: 25%
2. Brookfield Property Partners: 15%
3. Unibail-Rodamco-Westfield: 10%
4. Macerich: 8%
5. Taubman Centers: 7%
6. Tanger Inc.: 5%
7. Kimco Realty: 4%
8. Brixmor Property Group: 3%
9. Regency Centers: 2%
10. Federal Realty Investment Trust: 2%

Tanger Inc. is known as an operator of outlet centers and has carved out a niche in this specific segment. The company's moat mainly lies in its specialization in outlet centers, which sets it apart from larger, diversified competitors. This specialization allows Tanger to cater specifically to the needs of outlet customers and maintain strong relationships with brand manufacturers.

Compared to larger competitors with a broader portfolio of properties, Tanger's moat is less pronounced. Companies like Simon Property Group and Brookfield Property Partners have a stronger moat due to their size, diversification, and financial resources. They can benefit from economies of scale and are less susceptible to fluctuations in a particular market segment.

Tanger must continue to rely on its niche strategy and potentially invest in new markets or innovative concepts to defend and grow its market share.

Revenue Growth: 6.5% (2024) Profit Growth: 5.2% (2024) Dividend Yield: 4.8% (2024)

Tanger Inc. recorded a revenue growth of 6.5% in 2024, indicating solid demand for its services and an effective business strategy. The profit growth of 5.2% shows that the company is able to control its costs while increasing its earnings.

The dividend yield of 4.8% is attractive to investors seeking regular returns. This suggests that Tanger Inc. is able to pay out stable dividends, which is a sign of financial stability and confidence in future business development.

In summary, Tanger Inc. represents a promising investment opportunity due to its solid revenue and profit growth as well as attractive dividend yield. However, investors should also consider other factors such as market conditions and long-term corporate strategies before making a final decision.

Dividend yield: 5.2% (2025)
Dividend history: Continuous payout for over 25 years
Dividend growth: 3% annually (average over the last 5 years)

Tanger Inc. (NYSE:SKT) regularly pays a dividend and has a long tradition of payouts dating back over 25 years. The current dividend yield is 5.2%, which is considered attractive compared to many other companies in the industry.

The reliability of the dividend is underscored by the consistent dividend growth of an average of 3% per year over the last five years. This suggests that Tanger Inc. is not only able to pay dividends but also to increase them steadily. The financial stability of the company and its consistent dividend policy make the payout reliable.