Tanger Factory Outlet Centers (SKT) Stock Forecast, Price Target & Predictions
SKT Stock Forecast
Tanger Factory Outlet Centers stock forecast is as follows: an average price target of $31.50 (represents a -1.04% downside from SKT’s last price of $31.83) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.
SKT Price Target
The average price target for Tanger Factory Outlet Centers (SKT) is $31.50 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $34.00 to $28.00. This represents a potential -1.04% downside from SKT's last price of $31.83.
SKT Analyst Ratings
According to 6 Wall Street analysts, Tanger Factory Outlet Centers's rating consensus is 'Buy'. The analyst rating breakdown for SKT stock is 0 'Strong Buy' (0.00%), 4 'Buy' (66.67%), 2 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Tanger Factory Outlet Centers Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 11, 2024 | Floris Van Dijkum | Compass Point | $34.00 | $30.34 | 12.06% | 6.82% |
| Sep 04, 2024 | Michael Bilerman | Citigroup | $34.00 | $30.76 | 10.53% | 6.82% |
| May 17, 2024 | Caitlin Burrows | Goldman Sachs | $30.00 | $27.91 | 7.49% | -5.75% |
| May 17, 2024 | Sector Perform | Scotiabank | $28.00 | $27.89 | 0.39% | -12.03% |
| May 02, 2024 | Floris Van Dijkum | Compass Point | $32.00 | $27.43 | 16.66% | 0.53% |
| Aug 07, 2023 | Floris Van Dijkum | Compass Point | $26.00 | $25.01 | 3.96% | -18.32% |
The latest Tanger Factory Outlet Centers stock forecast, released on Sep 11, 2024 by Floris Van Dijkum from Compass Point, set a price target of $34.00, which represents a 12.06% increase from the stock price at the time of the forecast ($30.34), and a 6.82% increase from SKT last price ($31.83).
Tanger Factory Outlet Centers Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 2 | 5 |
| Avg Price Target | $34.00 | $34.00 | $31.60 |
| Last Closing Price | $31.83 | $31.83 | $31.83 |
| Upside/Downside | 6.82% | 6.82% | -0.72% |
In the current month, the average price target of Tanger Factory Outlet Centers stock is $34.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 6.82% increase as opposed to Tanger Factory Outlet Centers's last price of $31.83. This month's average price target is down 0.00% compared to last quarter, and up 7.59% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 Factory Outlet Centers's last stock rating was published by Compass Point on Sep 11, 2024. The company gave SKT a "Buy" rating, the same as its previous rate.
Tanger Factory Outlet Centers Financial Forecast
Tanger Factory Outlet Centers 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 | Jul 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 | - | $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 | $119.99M | $117.61M | $128.35M | $125.76M | $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 | $132.55M | $132.59M | $132.62M | $132.65M | $140.46M | $137.16M | $123.66M | $121.20M | $132.26M | $129.60M | $125.21M | $123.91M | $118.97M | $113.79M | $99.66M | $104.63M | $112.42M | $108.57M | $104.45M | $107.73M | $112.15M | $98.83M | $99.64M | $101.62M | $105.45M | $89.04M | $95.32M | $112.76M | $120.13M | $116.64M |
| Low Forecast | $124.13M | $124.16M | $124.19M | $124.22M | $131.54M | $128.45M | $115.80M | $113.49M | $123.86M | $121.37M | $117.25M | $116.04M | $116.89M | $108.53M | $93.33M | $97.98M | $105.28M | $101.67M | $104.45M | $99.31M | $103.39M | $91.11M | $91.85M | $93.68M | $97.21M | $82.08M | $87.87M | $103.95M | $110.74M | $107.53M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 10 | 10 | 10 | 10 | 10 | 9 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.06% | 1.14% | 1.07% | 1.07% | 1.06% | - | 1.05% | 1.03% | 1.18% | 1.05% | 1.03% | 1.09% | 1.20% | 0.69% | 1.02% | 1.04% | 1.06% |
Tanger Factory Outlet Centers'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 Factory Outlet Centers 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 | Jul 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 | 10 | 10 | 10 | 10 | 10 | 9 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $88.28M | $62.66M | $63.10M | $62.36M | $61.45M | - | $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 | $64.83M | $63.54M | $69.34M | $67.95M | $65.64M | $61.83M | $63.72M | $59.76M | $52.25M | $56.21M | $58.94M | $56.92M | $56.43M | $51.10M | $47.06M | $51.61M | $38.44M | $59.97M | $86.29M | $46.50M | $49.78M | $58.51M | $78.33M | $62.86M |
| High Forecast | $71.62M | $71.63M | $71.65M | $71.67M | $75.89M | $74.11M | $66.81M | $65.48M | $71.46M | $70.02M | $67.65M | $74.19M | $64.28M | $61.48M | $53.85M | $67.45M | $60.74M | $58.66M | $56.43M | $61.31M | $56.48M | $53.40M | $46.13M | $71.97M | $103.54M | $48.11M | $51.50M | $70.21M | $93.99M | $75.43M |
| Low Forecast | $67.06M | $67.08M | $67.10M | $67.12M | $71.07M | $69.40M | $62.56M | $61.32M | $66.92M | $65.57M | $63.35M | $49.46M | $63.16M | $58.64M | $50.42M | $44.96M | $56.88M | $54.93M | $56.43M | $40.88M | $37.65M | $49.22M | $30.75M | $47.98M | $69.03M | $44.35M | $47.47M | $46.81M | $62.66M | $50.29M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.48% | 1.20% | 1.12% | 1.06% | 1.08% | - | 1.16% | 1.27% | 0.57% | 1.13% | 0.78% | 0.52% | 1.26% | 0.46% | 0.30% | 0.43% | 1.10% |
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 Factory Outlet Centers's previous annual EBITDA (Sep 23) of $88.28M.
Tanger Factory Outlet Centers 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 | Jul 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 | 10 | 10 | 10 | 10 | 10 | 9 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $27.62M | $24.20M | $23.54M | $9.20M | $11.62M | - | $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 | $20.24M | $-77.50M | $17.68M | $17.95M | $11.81M | $-70.46M | $2.19M | $5.31M | $506.60K | $56.29M | $-129.32M | $-88.71M | $-27.40M | $21.50M |
| High Forecast | $38.95M | $30.93M | $28.64M | $26.35M | $29.79M | $28.64M | $26.35M | $24.06M | $23.49M | $23.73M | $21.59M | $26.07M | $23.67M | $25.95M | $18.48M | $23.70M | $21.04M | $-62.00M | $17.68M | $21.54M | $14.17M | $-56.36M | $2.62M | $6.38M | $607.92K | $67.54M | $-103.46M | $-70.97M | $-21.92M | $25.80M |
| Low Forecast | $35.76M | $28.40M | $26.30M | $24.19M | $27.35M | $26.30M | $24.19M | $22.09M | $21.57M | $22.39M | $19.82M | $17.38M | $22.73M | $14.67M | $16.97M | $15.80M | $19.32M | $-93.00M | $17.68M | $14.36M | $9.45M | $-84.55M | $1.75M | $4.25M | $405.28K | $45.03M | $-155.19M | $-106.45M | $-32.88M | $17.20M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.29% | 1.36% | 1.19% | 0.45% | -0.15% | - | 0.49% | 0.15% | 0.15% | 1.13% | 0.78% | 0.52% | 0.23% | 0.18% | 0.30% | 0.43% | 1.10% |
Tanger Factory Outlet Centers'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 Factory Outlet Centers 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 | Jul 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 | 10 | 10 | 10 | 10 | 10 | 9 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $18.94M | $18.30M | $17.43M | $19.37M | $17.37M | - | $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 | $17.15M | $16.81M | $18.35M | $17.98M | $17.37M | $16.38M | $16.86M | $15.81M | $13.82M | $14.89M | $15.59M | $15.06M | $14.93M | $13.53M | $16.70M | $13.66M | $13.86M | $21.59M | $23.89M | $48.30M | $65.93M | $41.53M | $30.03M | $11.22M |
| High Forecast | $18.95M | $18.95M | $18.96M | $18.96M | $20.08M | $19.61M | $17.68M | $17.32M | $18.91M | $18.53M | $17.90M | $19.65M | $17.01M | $16.26M | $14.25M | $17.86M | $16.07M | $15.52M | $14.93M | $16.24M | $20.04M | $14.13M | $16.63M | $25.91M | $28.67M | $57.96M | $79.11M | $49.83M | $36.04M | $13.47M |
| Low Forecast | $17.74M | $17.75M | $17.75M | $17.76M | $18.80M | $18.36M | $16.55M | $16.22M | $17.70M | $17.35M | $16.76M | $13.10M | $16.71M | $15.51M | $13.34M | $11.91M | $15.05M | $14.53M | $14.93M | $10.83M | $13.36M | $13.02M | $11.09M | $17.27M | $19.11M | $38.64M | $52.74M | $33.22M | $24.03M | $8.98M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.20% | 1.32% | 1.17% | 1.24% | 1.15% | - | 1.14% | 1.11% | 1.09% | 1.13% | 0.78% | 0.52% | 0.23% | 0.18% | 0.30% | 0.43% | 1.10% |
Tanger Factory Outlet Centers'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 Factory Outlet Centers 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 | Jul 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 | 10 | 10 | 10 | 10 | 10 | 9 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.26 | $0.23 | $0.23 | $0.09 | $0.11 | - | $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 | $0.35 | $0.28 | $0.26 | $0.24 | $0.27 | $0.26 | $0.24 | $0.22 | $0.21 | $0.22 | $0.20 | $0.20 | $0.21 | $0.24 | $0.17 | $0.12 | $0.19 | $0.16 | $0.16 | $0.14 | $0.16 | $0.10 | $-0.01 | $0.07 | $-0.01 | $-0.04 | $0.04 | $0.19 | $0.23 | $0.24 |
| Low Forecast | $0.32 | $0.26 | $0.24 | $0.22 | $0.25 | $0.24 | $0.22 | $0.20 | $0.20 | $0.20 | $0.18 | $0.18 | $0.21 | $0.13 | $0.15 | $0.11 | $0.18 | $0.15 | $0.16 | $0.12 | $0.14 | $0.09 | $-0.01 | $0.06 | $-0.01 | $-0.04 | $0.03 | $0.17 | $0.21 | $0.21 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.34% | 1.43% | 2.00% | 0.48% | 0.71% | - | 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 Factory Outlet Centers'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 Factory Outlet Centers Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| UE | Urban Edge Properties | $21.43 | $25.00 | 16.66% | Buy |
| O | Realty Income | $62.71 | $69.16 | 10.29% | Buy |
| IVT | InvenTrust Properties | $29.79 | $32.00 | 7.42% | Buy |
| BFS | Saul Centers | $41.06 | $43.50 | 5.94% | Buy |
| KRG | Kite Realty Group Trust | $26.83 | $27.50 | 2.50% | Buy |
| GTY | Getty Realty | $32.37 | $33.00 | 1.95% | Hold |
| SPG | Simon Property Group | $164.02 | $165.39 | 0.84% | Buy |
| KIM | Kimco Realty | $24.02 | $23.88 | -0.58% | Hold |
| SKT | Tanger Factory Outlet Centers | $31.83 | $31.50 | -1.04% | Buy |
| BRX | Brixmor Property Group | $28.02 | $27.60 | -1.50% | Buy |
| NNN | National Retail Properties | $48.75 | $47.67 | -2.22% | Buy |
| REG | Regency Centers | $74.68 | $70.88 | -5.09% | Buy |
| ROIC | Retail Opportunity Investments | $15.97 | $15.00 | -6.07% | Buy |
| ADC | Agree Realty | $76.69 | $69.95 | -8.79% | Buy |
| SITC | SITE Centers | $60.39 | $30.00 | -50.32% | Buy |
SKT Forecast FAQ
Is Tanger Factory Outlet Centers a good buy?
Yes, according to 6 Wall Street analysts, Tanger Factory Outlet Centers (SKT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 66.67% of SKT's total ratings.
What is SKT's price target?
Tanger Factory Outlet Centers (SKT) average price target is $31.5 with a range of $28 to $34, implying a -1.04% from its last price of $31.83. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Tanger Factory Outlet Centers stock go up soon?
According to Wall Street analysts' prediction for SKT stock, the company can go down by -1.04% (from the last price of $31.83 to the average price target of $31.5), up by 6.82% based on the highest stock price target, and down by -12.03% based on the lowest stock price target.
Can Tanger Factory Outlet Centers stock reach $50?
SKT's average twelve months analyst stock price target of $31.5 does not support the claim that Tanger Factory Outlet Centers can reach $50 in the near future.
What is Tanger Factory Outlet Centers's current price target trend?
2 Wall Street analysts forecast a $34 price target for Tanger Factory Outlet Centers (SKT) this month, up 6.82% from its last price of $31.83. Compared to the last 3 and 12 months, the average price target increased by 6.82% and decreased by -0.72%, respectively.
What are Tanger Factory Outlet Centers's analysts' financial forecasts?
Tanger Factory Outlet Centers's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $507.01M (high $522.48M, low $489.28M), average EBITDA is $273.93M (high $282.29M, low $264.35M), average net income is $104.68M (high $108.84M, low $99.92M), average SG&A $72.47M (high $74.68M, low $69.94M), and average EPS is $0.95 (high $0.988, low $0.907). SKT's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $514.71M (high $530.42M, low $496.71M), average EBITDA is $278.09M (high $286.57M, low $268.36M), average net income is $120.11M (high $124.88M, low $114.65M), average SG&A $73.57M (high $75.82M, low $71M), and average EPS is $1.09 (high $1.13, low $1.04).
Did the SKT's actual financial results beat the analysts' financial forecasts?
Based on Tanger Factory Outlet Centers'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 $223.39M by 8.22%. The company's net income was $38.03M, missing the average estimation of $-21.631M by -275.81%. Apple's SG&A was $71.53M, beating the average forecast of $59.12M by 21.00%. 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 Factory Outlet Centers'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 Factory Outlet Centers'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%