NYSE: SKT
Tanger Inc Stock Forecast, Predictions & Price Target

Analyst price target for SKT

Based on 6 analysts offering 12 month price targets for Tanger Inc

Min Forecast
$30.00-17.36%
Avg Forecast
$35.83-1.29%
Max Forecast
$41.00+12.95%

Should I buy or sell SKT stock?

Based on 6 analysts offering ratings for Tanger Inc.

Buy
Strong Buy
3 analysts 50%
Buy
0 analysts 0%
Hold
3 analysts 50%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%
Although SKT's forecast from analysts indicates a "Buy", our proven Zen Rating quant model rates SKT as a "Hold". Stocks with a Zen Rating of Hold have beat the market by +7.53%. Learn More

Be the first to know when Wall Street analysts revise their SKT stock forecasts and price targets.

SKT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-11-15
lockedlocked$00.00+00.00%2024-11-13
lockedlocked$00.00+00.00%2024-11-11
lockedlocked$00.00+00.00%2024-11-07
lockedlocked$00.00+00.00%2024-10-25
ScotiaBank
Top 33%
68
HoldMaintains$30.00-17.36%2024-08-26

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Forecast return on equity

Is SKT forecast to generate an efficient return?

Company
44.8%
Industry
53.07%
Market
325.07%
SKT's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is SKT forecast to generate an efficient return on assets?

Company
11.19%
Industry
8.03%
SKT is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

SKT earnings per share forecast

What is SKT's earnings per share in the next 3 years based on estimates from 2 analysts?

Avg 1 year Forecast
$2.11+136.52%
Avg 2 year Forecast
$2.22+149.44%
Avg 3 year Forecast
$2.30+158.43%
SKT's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

SKT revenue forecast

What is SKT's revenue in the next 3 years based on estimates from 1 analyst?

Avg 1 year Forecast
$491.8M-4.1%
Avg 2 year Forecast
$508.0M-0.95%
Avg 3 year Forecast
$526.3M+2.63%
SKT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

SKT earnings growth forecast

How is SKT forecast to perform vs REIT - Retail companies and vs the US market?

Company
57.58%
Industry
63.54%
Market
19.93%
SKT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
SKT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
SKT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

SKT revenue growth forecast

How is SKT forecast to perform vs REIT - Retail companies and vs the US market?

Company
-0.4%
Industry
2.69%
Market
7.53%
SKT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
SKT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

SKT vs Retail REIT Stocks

TickerPricePrice TargetUp/downsideConsensus
SKT$36.30$35.83-1.29%Buy
PECO$39.27$36.67-6.63%Hold
AKR$25.51$24.00-5.92%Buy
MAC$22.11$18.10-18.14%Hold
UE$22.79$22.00-3.47%Hold

Tanger Stock Forecast FAQ

Is Tanger Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NYSE: SKT) stock is to Buy SKT stock.

Out of 6 analysts, 3 (50%) are recommending SKT as a Strong Buy, 0 (0%) are recommending SKT as a Buy, 3 (50%) are recommending SKT as a Hold, 0 (0%) are recommending SKT as a Sell, and 0 (0%) are recommending SKT as a Strong Sell.

If you're new to stock investing, here's how to buy Tanger stock.

What is SKT's earnings growth forecast for 2024-2026?

(NYSE: SKT) Tanger's forecast annual earnings growth rate of 57.58% is not forecast to beat the US REIT - Retail industry's average forecast earnings growth rate of 63.54%, and while it is forecast to beat the US market's average forecast earnings growth rate of 19.93%.

Tanger's earnings in 2024 is $95,893,000.On average, 2 Wall Street analysts forecast SKT's earnings for 2024 to be $233,007,875, with the lowest SKT earnings forecast at $232,454,412, and the highest SKT earnings forecast at $233,561,337. On average, 2 Wall Street analysts forecast SKT's earnings for 2025 to be $245,737,521, with the lowest SKT earnings forecast at $244,630,595, and the highest SKT earnings forecast at $246,844,447.

In 2026, SKT is forecast to generate $254,592,927 in earnings, with the lowest earnings forecast at $254,592,927 and the highest earnings forecast at $254,592,927.

What is SKT's revenue growth forecast for 2024-2026?

(NYSE: SKT) Tanger's forecast annual revenue growth rate of -0.4% is not forecast to beat the US REIT - Retail industry's average forecast revenue growth rate of 2.69%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 7.53%.

Tanger's revenue in 2024 is $512,805,000.On average, 1 Wall Street analysts forecast SKT's revenue for 2024 to be $54,437,502,443, with the lowest SKT revenue forecast at $54,437,502,443, and the highest SKT revenue forecast at $54,437,502,443. On average, 1 Wall Street analysts forecast SKT's revenue for 2025 to be $56,226,294,487, with the lowest SKT revenue forecast at $56,226,294,487, and the highest SKT revenue forecast at $56,226,294,487.

In 2026, SKT is forecast to generate $58,256,396,349 in revenue, with the lowest revenue forecast at $58,256,396,349 and the highest revenue forecast at $58,256,396,349.

What is SKT's forecast return on assets (ROA) for 2024-2026?

(NYSE: SKT) forecast ROA is 11.19%, which is higher than the forecast US REIT - Retail industry average of 8.03%.

What is SKT's Price Target?

According to 6 Wall Street analysts that have issued a 1 year SKT price target, the average SKT price target is $35.83, with the highest SKT stock price forecast at $41.00 and the lowest SKT stock price forecast at $30.00.

On average, Wall Street analysts predict that Tanger's share price could fall to $35.83 by Nov 15, 2025. The average Tanger stock price prediction forecasts a potential downside of 1.29% from the current SKT share price of $36.30.

What is SKT's Earnings Per Share (EPS) forecast for 2024-2026?

(NYSE: SKT) Tanger's current Earnings Per Share (EPS) is $0.89. On average, analysts forecast that SKT's EPS will be $2.11 for 2024, with the lowest EPS forecast at $2.10, and the highest EPS forecast at $2.11. On average, analysts forecast that SKT's EPS will be $2.22 for 2025, with the lowest EPS forecast at $2.21, and the highest EPS forecast at $2.23. In 2026, SKT's EPS is forecast to hit $2.30 (min: $2.30, max: $2.30).

What is SKT's forecast return on equity (ROE) for 2024-2026?

(NYSE: SKT) forecast ROE is 44.8%, which is considered strong.
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