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Tanger (SKT) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

SKT Stock Forecast

Tanger (SKT) stock forecast, based on 16 Wall Street analysts, predicts a 12-month average price target of $32.00, with a high of $35.00 and a low of $28.00. This represents a 1.91% increase from the last price of $31.40.

$27 $29 $31 $33 $35 $37 High: $35 Avg: $32 Low: $28 Last Closed Price: $31.4

SKT Stock Rating

Tanger stock's rating consensus is Hold, based on 16 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 7 Buy (43.75%), 9 Hold (56.25%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Hold
Total 16 0 9 7 Strong Sell Sell Hold Buy Strong Buy

SKT Price Target Upside V Benchmarks

TypeNameUpside
StockTanger1.91%
SectorReal Estate Stocks 16.01%
IndustryRetail REIT Stocks 11.16%

Price Target Trends

1M3M12M
# Anlaysts--7
Avg Price Target--$32.00
Last Closing Price$31.40$31.40$31.40
Upside/Downside--1.91%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 25235--10
Mar, 25136--10
Feb, 25136--10
Jan, 25136--10
Dec, 24135--9
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 11, 2024Jeffrey SpectorBank of America Securities$35.00$33.534.38%11.46%
Sep 16, 2024Samir KhanalEvercore ISI$31.00$31.75-2.36%-1.27%
Sep 11, 2024Floris Van DijkumCompass Point$34.00$30.3412.06%8.28%
Sep 04, 2024Michael BilermanCitigroup$34.00$30.7610.53%8.28%
May 17, 2024Caitlin BurrowsGoldman Sachs$30.00$27.917.49%-4.46%
May 17, 2024Sector PerformScotiabank$28.00$27.890.39%-10.83%
May 02, 2024Floris Van DijkumCompass Point$32.00$27.4316.66%1.91%
Aug 07, 2023Floris Van DijkumCompass Point$26.00$25.013.96%-17.20%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Sep 16, 2024Evercore ISIPositivePositivehold
Sep 11, 2024Compass PointBuyBuyhold
Sep 04, 2024CitigroupBuyBuyhold
Aug 26, 2024ScotiabankSector PerformSector Performhold
May 17, 2024Goldman SachsNeutralNeutralhold
May 17, 2024ScotiabankSector PerformPerformupgrade
May 17, 2024ScotiabankSector Performupgrade
Apr 05, 2024Bank of America SecuritiesBuyupgrade
Mar 21, 2024CitigroupBuyupgrade
Aug 07, 2023Compass PointBuyupgrade

Financial Forecast

EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$-1.10$-0.51$0.37$0.94$0.90---
Avg Forecast$-0.41$0.30$0.77$0.87$0.82$0.91$0.98-
High Forecast$-0.40$0.30$0.79$0.87$0.83$0.91$1.06-
Low Forecast$-0.41$0.29$0.74$0.86$0.82$0.90$0.84-
Surprise %168.29%-270.00%-51.95%8.05%9.76%---

Revenue Forecast

$350M $400M $450M $500M $550M $600M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$389.99M$426.52M$442.61M$464.41M$526.06M---
Avg Forecast$375.59M$415.67M$429.87M$444.23M$501.46M$521.68M$510.92M$539.72M
High Forecast$380.88M$421.53M$440.47M$445.24M$504.37M$531.47M$520.71M$554.98M
Low Forecast$370.21M$409.72M$421.08M$443.20M$498.54M$511.89M$501.13M$526.74M
Surprise %3.83%2.61%2.97%4.54%4.91%---

Net Income Forecast

$-250M $-170M $-90M $-10M $70M $150M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$-101.47M$-51.06M$38.03M$99.15M$98.59M---
Avg Forecast$-161.24M$-51.15M$-44.15M$97.97M$88.05M$96.43M$100.72M-
High Forecast$-106.28M$-33.19M$-21.98M$147.16M$88.68M$97.29M$112.72M-
Low Forecast$-216.21M$-69.10M$-66.32M$48.77M$87.43M$95.56M$89.91M-
Surprise %-37.07%-0.17%-186.13%1.21%11.97%---

SKT Forecast FAQ

Is Tanger stock a buy?

Tanger stock has a consensus rating of Hold, based on 16 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 7 Buy, 9 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Tanger is a neutral investment for most analysts.

What is Tanger's price target?

Tanger's price target, set by 16 Wall Street analysts, averages $32 over the next 12 months. The price target range spans from $28 at the low end to $35 at the high end, suggesting a potential 1.91% change from the previous closing price of $31.4.

How does Tanger stock forecast compare to its benchmarks?

Tanger's stock forecast shows a 1.91% upside, underperforming the average forecast for the real estate stocks sector (16.01%) and underperforming the retail reit stocks industry (11.16%).

What is the breakdown of analyst ratings for Tanger over the past three months?

  • April 2025: 20.00% Strong Buy, 30.00% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.
  • March 2025: 10.00% Strong Buy, 30.00% Buy, 60.00% Hold, 0% Sell, 0% Strong Sell.
  • February 2025: 10.00% Strong Buy, 30.00% Buy, 60.00% Hold, 0% Sell, 0% Strong Sell.

What is Tanger’s EPS forecast?

Tanger's average annual EPS forecast for its fiscal year ending in December 2025 is $0.91, marking a 1.11% increase from the reported $0.9 in 2024. Estimates for the following years are $0.98 in 2026, and $0 in 2027.

What is Tanger’s revenue forecast?

Tanger's average annual revenue forecast for its fiscal year ending in December 2025 is $521.68M, reflecting a -0.83% decrease from the reported $526.06M in 2024. The forecast for 2026 is $510.92M, and $539.72M for 2027.

What is Tanger’s net income forecast?

Tanger's net income forecast for the fiscal year ending in December 2025 stands at $96.43M, representing a -2.20% decrease from the reported $98.6M in 2024. Projections indicate $100.72M in 2026, and $0 in 2027.