15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 9 firms covering Tanger Factory Outlet Centers Inc, 1 rate it Buy or better, 7 sit at Hold, and 1 rate it Sell or worse, a hold consensus. Targets are tightly clustered, $35.00 to $42.00, so the covering firms are broadly aligned. The average target of $39.56 sits 6% below the current $42.10. Sentiment has cooled somewhat, with Sell ratings rising from 0 to 1 over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.28 next quarter toward $1.21 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS9 ratings
Hold
Strong Buy00%
Buy111%
Hold778%
Sell111%
Strong Sell00%
Based on 9 analysts giving stock ratings to Tanger Factory Outlet Centers Inc.
As of Jul, 1 of 9 firms rate SKT a Buy (7 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
SKT EPS & revenue forecast
EPS · NEXT QUARTER
$0.28
Range $0.27 – $0.30 · 3 analysts · +1% YoY
Next period, 3 analysts expect Tanger Factory Outlet Centers Inc to earn $0.28 a share (range $0.27 – $0.30), versus $0.28 a year earlier. Full-year consensus is $1.10, growing to $1.21 the year after.
REVENUE · NEXT QUARTER
$147.1M
Range $143.3M – $150.9M · 3 analysts · +1% YoY
Revenue is expected to reach $147.1M (range $143.3M – $150.9M), +1.3% year-over-year. Full-year consensus is $589.1M, rising to $614.9M next year.
Top analysts covering Tanger Factory Outlet Centers Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on SKT.
#1
Steve Sakwa
Evercore ISI Group · Rank #127
Hold
$37.00-12.1% to target
Overall win rate
40%
+ Follow
#2
Caitlin Burrows
Goldman Sachs · Rank #244
Buy
$40.00-5.0% to target
Overall win rate
50%
+ Follow
#3
SK
Samir Khanal
Evercore ISI Group
Hold
$39.00-7.4% to target
Coverage
—
+ Follow
#4
Richard Hightower
Barclays
Hold
$41.00-2.6% to target
Coverage
—
+ Follow
#5
Nicholas Yulico
Scotiabank
Hold
$41.00-2.6% to target
Coverage
—
+ Follow
SKT stock forecast FAQ
What is SKT's average 12-month price target?+
The 9 analysts with a live target average $39.56 for Tanger Factory Outlet Centers Inc over the next 12 months, ranging from a $42.00 high to a $35.00 low.
Is SKT stock a Buy, Sell or Hold right now?+
The current consensus is Hold. Of the 9 analyst ratings, 1 are Buy or Strong Buy, 7 are Hold, and 1 are Sell or Strong Sell.
What are the highest and lowest price targets for SKT?+
The Street-high target is $42.00 (BMO Capital), and the Street-low is $35.00 (Citigroup). The average of all 9 active targets is $39.56.
How many Wall Street analysts cover SKT?+
9 analysts have an active rating on Tanger Factory Outlet Centers Inc, and 9 firms carry a live 12-month price target.
Who is the most accurate analyst covering SKT?+
Among analysts who currently cover SKT, Steve Sakwa of Evercore ISI Group has the strongest overall Quantellect track record (Rank #127). Their current call is Hold with a $37.00 target.
What is Tanger Factory Outlet Centers Inc's projected EPS for next quarter?+
The consensus estimate is $0.28 per share (range $0.27 – $0.30) across 3 analysts. Full-year EPS is projected at $1.10, rising to $1.21 the following year.
How much revenue is Tanger Factory Outlet Centers Inc expected to report next quarter?+
Consensus revenue is $147.1M (range $143.3M – $150.9M). Full-year revenue is projected at $589.1M, growing to $614.9M next year.
Have analysts been upgrading or downgrading SKT lately?+
As of Jul, 1 of 9 firms rate SKT a Buy (7 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their SKT calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
