earnings
confidence high
sentiment positive
materiality 0.75
Tanger Q1 FFO $0.59 vs $0.53 YoY, raises 2026 guidance, ups dividend 7%
TANGER INC.
2026-Q1 EPS reported
$0.24
revenue$150,417,000
- Net income per share $0.24 ($28.1M) vs $0.17 ($19.0M) in Q1 2025.
- Core FFO per share $0.59 ($70.4M) vs $0.53 ($62.7M) in prior year.
- Full-year 2026 guidance raised, supported by strong leasing and operational results.
- Board approved 7% increase in quarterly dividend, citing earnings growth and low payout ratio.
- Record leasing volume achieved, driven by retailer demand and limited new supply.