Every material Form 8-K Tanger Factory Outlet Centers filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Tanger reported third-quarter 2025 net income available to common shareholders of $0.28 per share, or $31.8 million, up from $0.22 per share a year earlier, and FFO of $0.60 per share, up from $0.54. The company raised its full-year 2025 estimated diluted FFO range to $2.28 to $2.32 per share from $2.24 to $2.31, which supports shareholder returns tied to cash earnings.
Q3 2025 FFO available to common shareholders was $0.60 per share, or $71.1 million, versus $0.54 per share, or $62.7 million, a year earlier.
Full-year 2025 estimated diluted FFO per share is now $2.28 to $2.32, up from $2.24 to $2.31; estimated diluted EPS is $0.95 to $0.99, versus $0.93 to $1.00 previously.
Same center NOI rose 4.0% to $102.3 million in Q3 2025; occupancy was 97.4% at September 30, 2025.
Quarterly dividend of $0.2925 per share is payable November 14, 2025 to holders of record on October 31, 2025.
Tanger reported second-quarter 2025 diluted net income of $0.26 per share ($29.9 million), up from $0.22 a year earlier, and FFO of $0.58 per share ($68.6 million), up from $0.53. The company raised its full-year 2025 diluted FFO per share estimate to $2.24-$2.31 from $2.22-$2.30 and its diluted net income per share estimate to $0.93-$1.00 from $0.91-$0.99.
Q2 2025 diluted net income was $0.26 per share, or $29.9 million, versus $0.22 per share, or $24.6 million, in Q2 2024.
Q2 2025 FFO available to common shareholders was $0.58 per share, or $68.6 million, versus $0.53 per share, or $60.9 million.
2025 diluted FFO per share guidance is $2.24-$2.31, up from $2.22-$2.30.
Board authorized a quarterly dividend of $0.2925 per share, payable August 15, 2025 to holders of record on July 31, 2025.
Tanger reported first-quarter 2025 results on April 30, 2025. Funds from operations (FFO) rose to $0.53 per share from $0.51, and total revenues rose to $135.4 million from $123.4 million, but net income available to common shareholders fell to $0.17 per share from $0.20 after a $4.2 million impairment charge tied to a center sold in April. The company cut the low and high ends of its 2025 diluted net income per share guidance by $0.03 each, kept FFO guidance unchanged, and raised its annualized dividend 6.4% to $1.17 per share.
Net income available to common shareholders was $19.0 million, or $0.17 per share, versus $22.2 million, or $0.20, a year earlier, including a $4.2 million impairment charge
Core FFO was $0.53 per share versus $0.52 a year earlier, which excluded $0.01 per share of executive severance costs
2025 diluted net income per share guidance is now $0.91 to $0.99, down from $0.94 to $1.02; FFO guidance remains $2.22 to $2.30
Board approved a 6.4% dividend increase to $1.17 per share annualized; the quarterly payment of $0.2925 is payable May 15, 2025
Tanger Inc. entered a new at-the-market program allowing it to sell up to $400 million of common shares through sales agents, at times and amounts it chooses. The program replaces a prior $250 million program, which was terminated with $34.5 million of remaining capacity, though outstanding forward sales from that program remain in effect until settled. Share sales would add to the outstanding share count, so the program matters to existing shareholders, though the company has no obligation to sell any shares.
New at-the-market program covers up to $400 million of common shares, with sales agents paid up to 2.0% of gross sales price.
Prior $250 million program was terminated on February 24, 2025, retiring $34.5 million of remaining capacity.
Outstanding forward sales of 1,915,762 shares ($69,730,795 gross) from the 2023 program have outside settlement dates of December 31, 2025 and March 31, 2026.
Company intends to use net proceeds for general corporate purposes, including property acquisitions, expansions and debt repayment.
Tanger reported fourth-quarter 2024 results with diluted net income of $0.23 per share and FFO of $0.54 per share, both up from the prior-year quarter, and total revenues of $140.7 million, up from $127.5 million. Full-year net income per diluted share fell to $0.88 from $0.92, while full-year FFO rose to $2.12 from $1.96. The company also set 2025 estimated diluted FFO of $2.22 to $2.30 per share and reported a $167.0 million Pinecrest acquisition that closed on February 12, 2025.
Q4 2024 diluted net income was $0.23 per share, or $26.3 million, versus $0.22 per share, or $23.5 million, a year earlier
Q4 2024 FFO was $0.54 per share, or $63.3 million, versus $0.52 per share, or $58.2 million, a year earlier
2025 guidance: estimated diluted net income of $0.94 to $1.02 per share and diluted FFO of $2.22 to $2.30 per share
Pinecrest in Cleveland, Ohio, was acquired on February 12, 2025 for $167.0 million; the quarterly dividend is $0.275 per share
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Tanger Factory Outlet Centers filing is on SEC EDGAR ↗. 8-K briefs of other companies →