Providing a diverse range of perspectives from bullish to bearish, 6 analysts have published ratings on Tanger SKT in the last three months.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 0 | 4 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 1 | 0 | 0 |
| 3M Ago | 2 | 0 | 2 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $37.0, a high estimate of $41.00, and a low estimate of $33.00. Marking an increase of 12.98%, the current average surpasses the previous average price target of $32.75.
Exploring Analyst Ratings: An In-Depth Overview
The standing of Tanger among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Juan Sanabria | BMO Capital | Announces | Market Perform | $36.00 | - |
| Omotayo Okusanya | Deutsche Bank | Announces | Hold | $37.00 | - |
| Caitlin Burrows | Goldman Sachs | Raises | Neutral | $35.00 | $31.00 |
| Michael Bilerman | Citigroup | Raises | Buy | $41.00 | $34.00 |
| Jeffrey Spector | B of A Securities | Raises | Buy | $40.00 | $35.00 |
| Samir Khanal | Evercore ISI Group | Raises | In-Line | $33.00 | $31.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Tanger. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Tanger compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Tanger's stock. This examination reveals shifts in analysts' expectations over time.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Tanger's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on Tanger analyst ratings.
About Tanger
Tanger Inc is a leading owner and operator of outlet and open-air retail shopping destinations. Tanger's portfolio of 38 outlet centers and one open-air lifestyle center comprises over 15 million square feet well positioned across tourist destinations and vibrant markets in U.S. states and Canada.
Breaking Down Tanger's Financial Performance
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: Tanger's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2024, the company achieved a revenue growth rate of approximately 13.34%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Real Estate sector.
Net Margin: Tanger's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 18.51%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Tanger's ROE excels beyond industry benchmarks, reaching 4.39%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Tanger's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.08% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Tanger's debt-to-equity ratio surpasses industry norms, standing at 2.66. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
The Core of Analyst Ratings: What Every Investor Should Know
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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