Tanger Factory Outlet Centers Inc
NYSE:SKT

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Tanger Factory Outlet Centers Inc Logo
Tanger Factory Outlet Centers Inc
NYSE:SKT
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Price: 34.34 USD -0.03% Market Closed
Market Cap: 3.8B USD
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Wall Street
Price Targets

SKT Price Targets Summary
Tanger Factory Outlet Centers Inc

Wall Street analysts forecast SKT stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for SKT is 38.76 USD with a low forecast of 35.35 USD and a high forecast of 43.05 USD.

Lowest
Price Target
35.35 USD
3% Upside
Average
Price Target
38.76 USD
13% Upside
Highest
Price Target
43.05 USD
25% Upside

SKT Last Price Targets
Tanger Factory Outlet Centers Inc

The latest public price target was made on Oct 11, 2024 by Jeffrey Spector from Bank of America Securities , who expects SKT stock to rise by 2% over the next 12 months. You can read more about this price target by viewing the article on TheFly.

Analyst Price Target Date Article
Jeffrey Spector
Bank of America Securities
35 USD
Upside 2%
2 months ago
Oct 11, 2024
Tanger Factory price target raised to $35 from $31 at BofA
TheFly
Samir Khanal
Evercore ISI
31 USD
Downside 10%
3 months ago
Sep 16, 2024
Tanger Factory price target raised to $31 from $29 at Evercore ISI
TheFly
Floris Van Dijkum
Compass Point
34 USD
Downside 1%
3 months ago
Sep 11, 2024
Tanger Factory Outlet Centers (SKT) PT Raised to $34 at Compass Point
StreetInsider
Michael Bilerman
Citigroup
34 USD
Downside 1%
3 months ago
Sep 4, 2024
Tanger Factory Outlet Centers (SKT) PT Raised to $34 at Citi
StreetInsider
Caitlin Burrows
Goldman Sachs
30 USD
Downside 13%
7 months ago
May 17, 2024
Goldman Sachs Reiterates Neutral Rating on Tanger Factory Outlet Centers (SKT)
StreetInsider
Sector Perform
Scotiabank
28 USD
Downside 18%
7 months ago
May 17, 2024
Tanger Factory upgraded to Sector Perform from Underperform at Scotiabank
TheFly
Floris Van Dijkum
Compass Point
32 USD
Downside 7%
7 months ago
May 2, 2024
Compass Point Upgrades Tanger Factory Outlet Centers (SKT) to Buy
StreetInsider
Floris Van Dijkum
Compass Point
26 USD
Downside 24%
1 year ago
Aug 7, 2023
Compass Point Upgrades Tanger Factory Outlet Centers (SKT) to Buy
StreetInsider
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Jeffrey Spector
Bank of America Securities
Price Target 35 USD
Upside/Downside 2%
View Source
Samir Khanal
Evercore ISI
Price Target 31 USD
Upside/Downside 10%
View Source
Floris Van Dijkum
Compass Point
Price Target 34 USD
Upside/Downside 1%
View Source
Michael Bilerman
Citigroup
Price Target 34 USD
Upside/Downside 1%
View Source
Caitlin Burrows
Goldman Sachs
Price Target 30 USD
Upside/Downside 13%
View Source
Sector Perform
Scotiabank
Price Target 28 USD
Upside/Downside 18%
View Source
Floris Van Dijkum
Compass Point
Price Target 32 USD
Upside/Downside 7%
View Source
Floris Van Dijkum
Compass Point
Price Target 26 USD
Upside/Downside 24%
View Source
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Tanger Factory Outlet Centers Inc Competitors:
Price Targets
IVT
Inventrust Properties Corp
14% Upside
ALX
Alexander's Inc
25% Downside
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Realty Income Corp
23% Upside
HDN
HomeCo Daily Needs REIT
21% Upside
AKR
Acadia Realty Trust
14% Upside
UE
Urban Edge Properties
8% Upside
SRU.UN
SmartCentres Real Estate Investment Trust
10% Upside
CRR.UN
Crombie Real Estate Investment Trust
20% Upside

Revenue
Forecast

Revenue Estimate
Tanger Factory Outlet Centers Inc

For the last 8 years the compound annual growth rate for Tanger Factory Outlet Centers Inc's revenue is 1%. The projected CAGR for the next 3 years is 5%.

1%
Past Growth
5%
Estimated Growth
Estimates Accuracy
2%
Average Beat

Operating Income
Forecast

Operating Income Estimate
Tanger Factory Outlet Centers Inc

For the last 8 years the compound annual growth rate for Tanger Factory Outlet Centers Inc's operating income is -1%. The projected CAGR for the next 3 years is 4%.

-1%
Past Growth
4%
Estimated Growth
Estimates Accuracy
0%
Average Miss

Net Income
Forecast

Net Income Estimate
Tanger Factory Outlet Centers Inc

For the last 8 years the compound annual growth rate for Tanger Factory Outlet Centers Inc's net income is -10%. The projected CAGR for the next 3 years is 2%.

-10%
Past Growth
2%
Estimated Growth
Estimates Accuracy
-11%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is SKT's stock price target?
Price Target
38.76 USD

According to Wall Street analysts, the average 1-year price target for SKT is 38.76 USD with a low forecast of 35.35 USD and a high forecast of 43.05 USD.

What is Tanger Factory Outlet Centers Inc's Revenue forecast?
Projected CAGR
5%

For the last 8 years the compound annual growth rate for Tanger Factory Outlet Centers Inc's revenue is 1%. The projected CAGR for the next 3 years is 5%.

What is Tanger Factory Outlet Centers Inc's Operating Income forecast?
Projected CAGR
4%

For the last 8 years the compound annual growth rate for Tanger Factory Outlet Centers Inc's operating income is -1%. The projected CAGR for the next 3 years is 4%.

What is Tanger Factory Outlet Centers Inc's Net Income forecast?
Projected CAGR
2%

For the last 8 years the compound annual growth rate for Tanger Factory Outlet Centers Inc's net income is -10%. The projected CAGR for the next 3 years is 2%.

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