Tanger Inc. (SKT)
NYSE: SKT · Real-Time Price · USD
34.05
-0.10 (-0.29%)
Oct 22, 2024, 4:00 PM EDT - Market closed
Tanger Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Tanger stock have an average target of 31.43, with a low estimate of 28 and a high estimate of 35. The average target predicts a decrease of -7.69% from the current stock price of 34.05.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Tanger stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 5 | 5 | 5 | 4 | 4 | 4 |
| Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 9 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Hold Maintains $31 → $35 | Hold | Maintains | $31 → $35 | +2.79% | Oct 11, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $29 → $31 | Hold | Maintains | $29 → $31 | -8.96% | Sep 16, 2024 |
| Compass Point | Compass Point | Strong Buy Maintains $32 → $34 | Strong Buy | Maintains | $32 → $34 | -0.15% | Sep 11, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $28 → $29 | Hold | Maintains | $28 → $29 | -14.83% | Aug 28, 2024 |
| Scotiabank | Scotiabank | Hold Maintains $28 → $30 | Hold | Maintains | $28 → $30 | -11.89% | Aug 26, 2024 |
Financial Forecast
Revenue This Year
505.77M
Revenue Next Year
524.94M
from 505.77M
Increased by 3.79%
EPS This Year
0.82
from 0.92
Decreased by -10.71%
EPS Next Year
0.90
from 0.82
Increased by 9.84%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 539.5M | 562.8M | 560.0M |
| Avg | 505.8M | 524.9M | 538.0M |
| Low | 477.3M | 490.7M | 521.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 11.3% | 6.7% |
| Avg | - | 3.8% | 2.5% |
| Low | - | -3.0% | -0.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.91 | 0.99 | 1.14 |
| Avg | 0.82 | 0.90 | 0.99 |
| Low | 0.72 | 0.79 | 0.85 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.7% | 20.2% | 26.8% |
| Avg | -10.7% | 9.8% | 9.7% |
| Low | -22.2% | -3.4% | -5.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.