Tanger (SKT) Stock Forecast, Price Target & Predictions
SKT Stock Forecast
Tanger stock forecast is as follows: an average price target of $32.00 (represents a -4.31% downside from SKT’s last price of $33.44) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.
SKT Price Target
The average price target for Tanger (SKT) is $32.00 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $35.00 to $28.00. This represents a potential -4.31% downside from SKT's last price of $33.44.
SKT Analyst Ratings
According to 7 Wall Street analysts, Tanger's rating consensus is 'Buy'. The analyst rating breakdown for SKT stock is 0 'Strong Buy' (0.00%), 5 'Buy' (71.43%), 2 'Hold' (28.57%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
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% | 4.67% |
| Sep 16, 2024 | Samir Khanal | Evercore ISI | $31.00 | $31.75 | -2.36% | -7.30% |
| Sep 11, 2024 | Floris Van Dijkum | Compass Point | $34.00 | $30.34 | 12.06% | 1.67% |
| Sep 04, 2024 | Michael Bilerman | Citigroup | $34.00 | $30.76 | 10.53% | 1.67% |
| May 17, 2024 | Caitlin Burrows | Goldman Sachs | $30.00 | $27.91 | 7.49% | -10.29% |
| May 17, 2024 | Sector Perform | Scotiabank | $28.00 | $27.89 | 0.39% | -16.27% |
| May 02, 2024 | Floris Van Dijkum | Compass Point | $32.00 | $27.43 | 16.66% | -4.31% |
| Aug 07, 2023 | Floris Van Dijkum | Compass Point | $26.00 | $25.01 | 3.96% | -22.25% |
The latest Tanger stock forecast, released on Oct 11, 2024 by Jeffrey Spector from Bank of America Securities, set a price target of $35.00, which represents a 4.38% increase from the stock price at the time of the forecast ($33.53), and a 4.67% increase from SKT last price ($33.44).
Tanger Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 4 | 7 |
| Avg Price Target | $35.00 | $33.50 | $32.00 |
| Last Closing Price | $33.44 | $33.44 | $33.44 |
| Upside/Downside | 4.67% | 0.18% | -4.31% |
In the current month, the average price target of Tanger stock is $35.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 4.67% increase as opposed to Tanger's last price of $33.44. This month's average price target is up 4.48% compared to last quarter, and up 9.38% compared to last year.
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 |
Tanger's last stock rating was published by Evercore ISI on Sep 16, 2024. The company gave SKT a "Positive" rating, the same as its previous rate.
Tanger Financial Forecast
Tanger Revenue Forecast
| 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 | $128.63M | $128.66M | $128.69M | $128.73M | $136.30M | $133.10M | $120.22M | $117.75M | $128.32M | $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 | $128.63M | $128.66M | $128.69M | $128.73M | $136.30M | $133.10M | $120.22M | $117.75M | $128.32M | $125.80M | $121.50M | $120.24M | $118.97M | $113.79M | $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 |
| Low Forecast | $128.63M | $128.66M | $128.69M | $128.73M | $136.30M | $133.10M | $120.22M | $117.75M | $128.32M | $125.80M | $121.50M | $120.24M | $116.89M | $108.53M | $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 |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 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% |
Tanger's average Quarter revenue forecast for Dec 23 based on 2 analysts is $117.93M, with a low forecast of $116.89M, and a high forecast of $118.97M. SKT's average Quarter revenue forecast represents a 0.50% increase compared to the company's last Quarter revenue of $117.35M (Sep 23).
Tanger EBITDA Forecast
| 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 | 1 | 3 | 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 | $69.50M | $69.51M | $69.53M | $69.55M | $73.64M | $71.91M | $64.95M | $63.62M | $69.33M | $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 | $69.50M | $69.51M | $69.53M | $69.55M | $73.64M | $71.91M | $64.95M | $63.62M | $69.33M | $67.97M | $65.64M | $74.19M | $64.28M | $61.48M | $52.25M | $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 | $69.50M | $69.51M | $69.53M | $69.55M | $73.64M | $71.91M | $64.95M | $63.62M | $69.33M | $67.97M | $65.64M | $49.46M | $63.16M | $58.64M | $52.25M | $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% |
2 analysts predict SKT's average Quarter EBITDA for Dec 23 to be $63.72M, with a high of $64.28M and a low of $63.16M. This is -27.82% lower than Tanger's previous annual EBITDA (Sep 23) of $88.28M.
Tanger Net Income Forecast
| 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 | 1 | 3 | 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 | $37.47M | $29.75M | $27.55M | $25.34M | $28.65M | $27.55M | $25.34M | $23.14M | $22.60M | $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 | $37.47M | $29.75M | $27.55M | $25.34M | $28.65M | $27.55M | $25.34M | $23.14M | $22.60M | $22.82M | $20.79M | $26.07M | $23.67M | $25.95M | $17.78M | $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 | $37.47M | $29.75M | $27.55M | $25.34M | $28.65M | $27.55M | $25.34M | $23.14M | $22.60M | $22.82M | $20.74M | $17.38M | $22.73M | $14.67M | $17.78M | $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% |
Tanger's average Quarter net income forecast for Dec 23 is $23.20M, with a range of $22.73M to $23.67M. SKT's average Quarter net income forecast represents a -16.01% decrease compared to the company's last Quarter net income of $27.62M (Sep 23).
Tanger SG&A Forecast
| 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 | 1 | 3 | 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 | $18.39M | $18.39M | $18.40M | $18.40M | $19.48M | $19.03M | $17.18M | $16.83M | $18.34M | $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 | $18.39M | $18.39M | $18.40M | $18.40M | $19.48M | $19.03M | $17.18M | $16.83M | $18.34M | $17.98M | $17.37M | $19.65M | $17.01M | $16.26M | $13.82M | $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 | $18.39M | $18.39M | $18.40M | $18.40M | $19.48M | $19.03M | $17.18M | $16.83M | $18.34M | $17.98M | $17.37M | $13.10M | $16.71M | $15.51M | $13.82M | $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% |
Tanger's average Quarter SG&A projection for Dec 23 is $16.86M, based on 2 Wall Street analysts, with a range of $16.71M to $17.01M. The forecast indicates a -10.98% fall compared to SKT last annual SG&A of $18.94M (Sep 23).
Tanger EPS Forecast
| 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 | 1 | 3 | 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 | $0.34 | $0.27 | $0.25 | $0.23 | $0.26 | $0.25 | $0.23 | $0.21 | $0.21 | $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 | $0.26 | $0.25 | $0.23 | $0.21 | $0.21 | $0.21 | $0.19 | $0.19 | $0.21 | $0.24 | $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 |
| Low Forecast | $0.34 | $0.27 | $0.25 | $0.23 | $0.26 | $0.25 | $0.23 | $0.21 | $0.21 | $0.21 | $0.19 | $0.19 | $0.21 | $0.13 | $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 |
| 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% |
According to 2 Wall Street analysts, Tanger's projected average Quarter EPS for Dec 23 is $0.21, with a low estimate of $0.21 and a high estimate of $0.21. This represents a -19.02% decrease compared to SKT previous annual EPS of $0.26 (Sep 23).
Tanger Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SITC | SITE Centers | $16.16 | $33.53 | 107.49% | Hold |
| O | Realty Income | $59.29 | $69.53 | 17.27% | Buy |
| UE | Urban Edge Properties | $22.36 | $25.00 | 11.81% | Buy |
| BFS | Saul Centers | $39.24 | $43.50 | 10.86% | Buy |
| NNN | National Retail Properties | $43.33 | $47.67 | 10.02% | Buy |
| IVT | InvenTrust Properties | $29.70 | $32.50 | 9.43% | Buy |
| GTY | Getty Realty | $31.45 | $33.50 | 6.52% | Buy |
| KRG | Kite Realty Group Trust | $26.51 | $27.50 | 3.73% | Buy |
| BRX | Brixmor Property Group | $27.94 | $28.55 | 2.18% | Buy |
| REG | Regency Centers | $72.28 | $72.00 | -0.39% | Buy |
| KIM | Kimco Realty | $24.22 | $23.88 | -1.40% | Buy |
| SPG | Simon Property Group | $172.16 | $166.25 | -3.43% | Buy |
| ADC | Agree Realty | $74.00 | $70.86 | -4.24% | Buy |
| SKT | Tanger | $33.44 | $32.00 | -4.31% | Buy |
| ROIC | Retail Opportunity Investments | $16.80 | $15.00 | -10.71% | Hold |
SKT Forecast FAQ
Is Tanger a good buy?
Yes, according to 7 Wall Street analysts, Tanger (SKT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 71.43% of SKT's total ratings.
What is SKT's price target?
Tanger (SKT) average price target is $32 with a range of $28 to $35, implying a -4.31% from its last price of $33.44. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Tanger stock go up soon?
According to Wall Street analysts' prediction for SKT stock, the company can go down by -4.31% (from the last price of $33.44 to the average price target of $32), up by 4.67% based on the highest stock price target, and down by -16.27% based on the lowest stock price target.
Can Tanger stock reach $50?
SKT's average twelve months analyst stock price target of $32 does not support the claim that Tanger can reach $50 in the near future.
What is Tanger's current price target trend?
1 Wall Street analyst forecast a $35 price target for Tanger (SKT) this month, up 4.67% from its last price of $33.44. Compared to the last 3 and 12 months, the average price target increased by 0.18% and decreased by -4.31%, respectively.
What are Tanger's analysts' financial forecasts?
Tanger's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $507.38M (high $507.38M, low $507.38M), average EBITDA is $274.13M (high $274.13M, low $274.13M), average net income is $104.68M (high $104.68M, low $104.68M), average SG&A $72.52M (high $72.52M, low $72.52M), and average EPS is $0.95 (high $0.95, low $0.95). SKT's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $514.71M (high $514.71M, low $514.71M), average EBITDA is $278.09M (high $278.09M, low $278.09M), average net income is $120.11M (high $120.11M, low $120.11M), average SG&A $73.57M (high $73.57M, low $73.57M), and average EPS is $1.09 (high $1.09, low $1.09).
Did the SKT's actual financial results beat the analysts' financial forecasts?
Based on Tanger's last annual report (Dec 2022), the company's revenue was $442.61M, beating the average analysts forecast of $423.04M by 4.63%. Apple's EBITDA was $241.77M, beating the average prediction of $216.22M by 11.81%. The company's net income was $38.03M, missing the average estimation of $65.82M by -42.22%. Apple's SG&A was $71.53M, beating the average forecast of $61.9M by 15.57%. Lastly, the company's EPS was $0.37, missing the average prediction of $0.633 by -41.50%. In terms of the last quarterly report (Sep 2023), Tanger's revenue was $117.35M, beating the average analysts' forecast of $110.61M by 6.09%. The company's EBITDA was $88.28M, beating the average prediction of $59.76M by 47.72%. Tanger's net income was $27.62M, beating the average estimation of $21.44M by 28.86%. The company's SG&A was $18.94M, beating the average forecast of $15.81M by 19.77%. Lastly, the company's EPS was $0.26, beating the average prediction of $0.195 by 33.65%