Tanger (SKT) Stock Forecast, Price Target & Predictions
SKT Stock Forecast
Tanger stock forecast is as follows: an average price target of $33.50 (represents a -2.45% downside from SKT’s last price of $34.34) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.
SKT Price Target
SKT Analyst Ratings
Buy
Tanger Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Oct 11, 2024 | Jeffrey Spector | Bank of America Securities | $35.00 | $33.53 | 4.38% | 1.92% |
Sep 16, 2024 | Samir Khanal | Evercore ISI | $31.00 | $31.75 | -2.36% | -9.73% |
Sep 11, 2024 | Floris Van Dijkum | Compass Point | $34.00 | $30.34 | 12.06% | -0.99% |
Sep 04, 2024 | Michael Bilerman | Citigroup | $34.00 | $30.76 | 10.53% | -0.99% |
May 17, 2024 | Caitlin Burrows | Goldman Sachs | $30.00 | $27.91 | 7.49% | -12.64% |
May 17, 2024 | Sector Perform | Scotiabank | $28.00 | $27.89 | 0.39% | -18.46% |
May 02, 2024 | Floris Van Dijkum | Compass Point | $32.00 | $27.43 | 16.66% | -6.81% |
Aug 07, 2023 | Floris Van Dijkum | Compass Point | $26.00 | $25.01 | 3.96% | -24.29% |
Tanger Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | 1 | 7 |
Avg Price Target | - | $35.00 | $32.00 |
Last Closing Price | $34.34 | $34.34 | $34.34 |
Upside/Downside | -100.00% | 1.92% | -6.81% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Sep 16, 2024 | Evercore ISI | Positive | Positive | Hold |
Sep 11, 2024 | Compass Point | Buy | Buy | Hold |
Sep 04, 2024 | Citigroup | Buy | Buy | Hold |
Aug 26, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
May 17, 2024 | Goldman Sachs | Neutral | Neutral | Hold |
May 17, 2024 | Scotiabank | Sector Perform | Perform | Upgrade |
May 17, 2024 | Scotiabank | Sector Perform | Upgrade | |
Apr 05, 2024 | Bank of America Securities | Buy | Upgrade | |
Mar 21, 2024 | Citigroup | Buy | Upgrade | |
Aug 07, 2023 | Compass Point | Buy | Upgrade | |
Apr 26, 2022 | Zacks Investment Research | Buy | Upgrade |
Tanger Financial Forecast
Tanger Revenue Forecast
Quarter
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $117.35M | $110.64M | $108.94M | $116.46M | $111.45M | $105.84M | $108.87M | $112.09M | $112.47M | $101.27M | $100.69M | $111.16M | $103.21M | $63.99M | $111.63M | $120.49M | $118.99M |
Avg Forecast | $132.70M | $132.73M | $132.76M | $132.80M | $140.96M | $122.00M | $119.17M | $117.64M | $128.76M | $125.80M | $121.50M | $120.24M | $117.93M | $110.61M | $96.71M | $101.54M | $109.09M | $105.36M | $104.45M | $104.14M | $108.41M | $95.53M | $96.31M | $98.23M | $101.93M | $86.07M | $92.14M | $109.00M | $116.13M | $112.75M |
High Forecast | $135.26M | $135.30M | $135.33M | $135.37M | $143.68M | $124.36M | $121.48M | $119.91M | $131.25M | $126.08M | $121.50M | $120.24M | $118.97M | $113.79M | $98.58M | $103.50M | $111.21M | $105.36M | $104.45M | $104.14M | $108.41M | $95.53M | $96.31M | $98.23M | $101.93M | $86.07M | $92.14M | $109.00M | $116.13M | $112.75M |
Low Forecast | $130.13M | $130.16M | $130.20M | $130.23M | $138.23M | $119.64M | $116.87M | $115.36M | $126.27M | $125.52M | $121.50M | $120.24M | $116.89M | $108.53M | $94.84M | $99.57M | $106.98M | $105.36M | $104.45M | $104.14M | $108.41M | $95.53M | $96.31M | $98.23M | $101.93M | $86.07M | $92.14M | $109.00M | $116.13M | $112.75M |
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 9 | 9 | 9 | 8 | 8 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.06% | 1.14% | 1.07% | 1.07% | 1.06% | 1.01% | 1.05% | 1.03% | 1.18% | 1.05% | 1.03% | 1.09% | 1.20% | 0.69% | 1.02% | 1.04% | 1.06% |
Forecast
Tanger EBITDA Forecast
Quarter
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 9 | 9 | 9 | 8 | 8 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $88.28M | $62.66M | $63.10M | $62.36M | $61.45M | $58.62M | $59.34M | $59.75M | $29.65M | $43.55M | $46.65M | $44.80M | $58.58M | $22.90M | $17.73M | $33.59M | $68.85M |
Avg Forecast | $71.69M | $71.71M | $71.73M | $71.75M | $76.16M | $65.91M | $64.39M | $63.56M | $69.57M | $67.97M | $65.64M | $61.83M | $63.72M | $59.76M | $52.25M | $56.21M | $51.77M | $56.92M | $56.43M | $51.10M | $58.57M | $51.61M | $52.04M | $59.97M | $55.07M | $46.50M | $49.78M | $58.51M | $62.74M | $60.92M |
High Forecast | $73.08M | $73.10M | $73.12M | $73.14M | $77.63M | $67.19M | $65.63M | $64.79M | $70.91M | $68.12M | $65.64M | $74.19M | $64.28M | $61.48M | $53.26M | $67.45M | $62.12M | $56.92M | $56.43M | $61.31M | $58.57M | $51.61M | $52.04M | $71.97M | $55.07M | $46.50M | $49.78M | $70.21M | $62.74M | $60.92M |
Low Forecast | $70.31M | $70.32M | $70.34M | $70.36M | $74.68M | $64.64M | $63.14M | $62.33M | $68.22M | $67.82M | $65.64M | $49.46M | $63.16M | $58.64M | $51.24M | $44.96M | $41.42M | $56.92M | $56.43M | $40.88M | $58.57M | $51.61M | $52.04M | $47.98M | $55.07M | $46.50M | $49.78M | $46.81M | $62.74M | $60.92M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.48% | 1.20% | 1.12% | 1.20% | 1.08% | 1.04% | 1.16% | 1.02% | 0.57% | 0.84% | 0.78% | 0.81% | 1.26% | 0.46% | 0.30% | 0.54% | 1.13% |
Forecast
Tanger Net Income Forecast
Quarter
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 9 | 9 | 9 | 8 | 8 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $27.62M | $24.20M | $23.54M | $9.20M | $11.62M | $8.33M | $8.88M | $1.81M | $-10.58M | $2.48M | $4.13M | $263.00K | $13.03M | $-22.69M | $-26.88M | $-11.75M | $23.55M |
Avg Forecast | $36.36M | $28.65M | $26.45M | $24.24M | $29.20M | $26.45M | $24.24M | $23.14M | $21.49M | $22.82M | $20.77M | $21.72M | $23.20M | $21.44M | $17.78M | $19.75M | $12.99M | $17.16M | $17.71M | $17.95M | $16.96M | $11.02M | $-857.85K | $5.31M | $-1.04M | $-4.22M | $3.91M | $-88.71M | $24.22M | $24.86M |
High Forecast | $37.28M | $29.37M | $27.11M | $24.85M | $29.94M | $27.11M | $24.85M | $23.72M | $22.03M | $22.83M | $20.79M | $26.07M | $23.67M | $25.95M | $18.22M | $23.70M | $15.59M | $17.16M | $17.71M | $21.54M | $16.96M | $11.02M | $-857.85K | $6.38M | $-1.04M | $-4.22M | $3.91M | $-70.97M | $24.22M | $24.86M |
Low Forecast | $35.45M | $27.93M | $25.78M | $23.63M | $28.47M | $25.78M | $23.63M | $22.56M | $21.07M | $22.82M | $20.74M | $17.38M | $22.73M | $14.67M | $17.33M | $15.80M | $10.39M | $17.16M | $17.71M | $14.36M | $16.96M | $11.02M | $-857.85K | $4.25M | $-1.04M | $-4.22M | $3.91M | $-106.45M | $24.22M | $24.86M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.29% | 1.36% | 1.19% | 0.71% | 0.68% | 0.47% | 0.49% | 0.11% | -0.96% | -2.89% | 0.78% | -0.25% | -3.08% | -5.81% | 0.30% | -0.49% | 0.95% |
Forecast
Tanger SG&A Forecast
Quarter
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 9 | 9 | 9 | 8 | 8 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $18.94M | $18.30M | $17.43M | $19.37M | $17.37M | $19.33M | $15.47M | $18.51M | $14.82M | $15.70M | $16.79M | $12.40M | $11.18M | $11.57M | $12.58M | $12.88M | $12.29M |
Avg Forecast | $18.97M | $18.97M | $18.98M | $18.98M | $20.15M | $17.44M | $17.03M | $16.81M | $18.40M | $17.98M | $17.37M | $16.38M | $16.86M | $15.81M | $13.82M | $14.89M | $18.37M | $15.06M | $14.93M | $13.53M | $15.50M | $13.66M | $13.77M | $21.59M | $14.57M | $12.30M | $13.17M | $41.53M | $16.60M | $16.12M |
High Forecast | $19.33M | $19.34M | $19.34M | $19.35M | $20.54M | $17.78M | $17.36M | $17.14M | $18.76M | $18.02M | $17.37M | $19.65M | $17.01M | $16.26M | $14.09M | $17.86M | $22.05M | $15.06M | $14.93M | $16.24M | $15.50M | $13.66M | $13.77M | $25.91M | $14.57M | $12.30M | $13.17M | $49.83M | $16.60M | $16.12M |
Low Forecast | $18.60M | $18.61M | $18.61M | $18.61M | $19.76M | $17.10M | $16.70M | $16.49M | $18.05M | $17.94M | $17.37M | $13.10M | $16.71M | $15.51M | $13.56M | $11.91M | $14.70M | $15.06M | $14.93M | $10.83M | $15.50M | $13.66M | $13.77M | $17.27M | $14.57M | $12.30M | $13.17M | $33.22M | $16.60M | $16.12M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.20% | 1.32% | 1.17% | 1.05% | 1.15% | 1.29% | 1.14% | 1.19% | 1.09% | 1.14% | 0.78% | 0.85% | 0.91% | 0.88% | 0.30% | 0.78% | 0.76% |
Forecast
Tanger EPS Forecast
Quarter
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 9 | 9 | 9 | 8 | 8 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.26 | $0.23 | $0.23 | $0.09 | $0.11 | $0.08 | $0.09 | $0.02 | $-0.11 | $0.02 | $0.04 | - | $0.14 | $-0.25 | $-0.30 | $-0.13 | $0.25 |
Avg Forecast | $0.33 | $0.26 | $0.24 | $0.22 | $0.27 | $0.24 | $0.22 | $0.21 | $0.19 | $0.21 | $0.19 | $0.19 | $0.21 | $0.19 | $0.16 | $0.12 | $0.18 | $0.16 | $0.16 | $0.13 | $0.15 | $0.10 | $-0.01 | $0.07 | $-0.01 | $-0.04 | $0.04 | $0.18 | $0.22 | $0.23 |
High Forecast | $0.34 | $0.27 | $0.25 | $0.23 | $0.27 | $0.25 | $0.23 | $0.22 | $0.20 | $0.21 | $0.19 | $0.19 | $0.21 | $0.24 | $0.17 | $0.12 | $0.19 | $0.16 | $0.16 | $0.13 | $0.15 | $0.10 | $-0.01 | $0.07 | $-0.01 | $-0.04 | $0.04 | $0.18 | $0.22 | $0.23 |
Low Forecast | $0.32 | $0.25 | $0.23 | $0.21 | $0.26 | $0.23 | $0.21 | $0.20 | $0.19 | $0.21 | $0.19 | $0.19 | $0.21 | $0.13 | $0.16 | $0.11 | $0.18 | $0.16 | $0.16 | $0.13 | $0.15 | $0.10 | $-0.01 | $0.07 | $-0.01 | $-0.04 | $0.04 | $0.18 | $0.22 | $0.23 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.34% | 1.43% | 2.00% | 0.48% | 0.71% | 0.50% | 0.65% | 0.11% | -1.10% | -2.57% | 0.59% | -0.30% | -3.65% | -7.05% | -1.65% | -0.59% | 1.11% |
Forecast
Tanger Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
O | Realty Income | $54.52 | $63.65 | 16.75% | Buy |
NNN | National Retail Properties | $41.88 | $47.67 | 13.83% | Buy |
UE | Urban Edge Properties | $22.28 | $25.00 | 12.21% | Buy |
KRG | Kite Realty Group Trust | $25.99 | $29.00 | 11.58% | Buy |
BFS | Saul Centers | $40.17 | $43.50 | 8.29% | Buy |
IVT | InvenTrust Properties | $30.85 | $33.00 | 6.97% | Buy |
ADC | Agree Realty | $73.31 | $77.00 | 5.03% | Buy |
GTY | Getty Realty | $32.14 | $33.50 | 4.23% | Buy |
BRX | Brixmor Property Group | $28.65 | $29.50 | 2.97% | Buy |
REG | Regency Centers | $75.50 | $77.50 | 2.65% | Buy |
KIM | Kimco Realty | $24.30 | $24.33 | 0.12% | Buy |
SKT | Tanger | $35.41 | $33.50 | -5.39% | Buy |
SPG | Simon Property Group | $179.96 | $167.93 | -6.68% | Buy |
ROIC | Retail Opportunity Investments | $17.45 | $15.83 | -9.28% | Hold |
SITC | SITE Centers | $15.42 | $13.46 | -12.71% | Hold |