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Tanger Factory Outlet Centers - SKT Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $19.50
  • Forecasted Upside: 4.00%
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$18.75 As of 03/30/2023 01:00 AM ET
▼ -0.32 (-1.68%)

This chart shows the closing price for SKT by one month, three months, or twelve months.

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Analyst Price Target for SKT

Analyst Price Target is $19.50
▲ +4.00% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Tanger Factory Outlet Centers in the last 3 months. The average price target is $19.50, with a high forecast of $22.00 and a low forecast of $15.00. The average price target represents a 4.00% upside from the last price of $18.75.

This chart shows the closing price for SKT for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 2 contributing investment analysts is to buy stock in Tanger Factory Outlet Centers. This rating changed within the last month from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
10/6/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
1/4/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
4/4/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
7/3/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
10/1/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/30/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
2/28/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
3/30/2023

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/21/2023The Goldman Sachs GroupInitiated CoverageBuy$22.00Low
1/30/2023Compass PointDowngradeBuy ➝ Neutral$21.00Low
12/14/2022CitigroupBoost Target$15.00 ➝ $20.00Low
9/27/2022Evercore ISILower Target$17.00 ➝ $15.00Low
8/15/2022Evercore ISIBoost Target$17.00Low
6/22/2022Compass PointLower TargetBuy$23.00 ➝ $21.00Low
11/3/2021Compass PointUpgradeNeutral ➝ BuyHigh
6/28/2021ScotiabankBoost TargetUnderperform$13.00 ➝ $15.00High
3/15/2021The Goldman Sachs GroupReiterated RatingNeutral ➝ Sell$11.00 ➝ $12.50N/A
3/9/2021The Goldman Sachs GroupDowngradeNeutral ➝ Sell$11.00 ➝ $12.50Low
12/15/2020Smith Barney CitigroupBoost Target$6.00 ➝ $10.50Medium
11/9/2020Compass PointUpgradeSell ➝ Neutral$7.50High
9/21/2020KeyCorpUpgradeUnderweight ➝ Sector WeightMedium
7/2/2020CitigroupBoost TargetUnderweight ➝ Neutral$4.50 ➝ $6.50High
7/1/2020The Goldman Sachs GroupInitiated CoverageNeutral$7.70Low
6/18/2020JPMorgan Chase & Co.Lower TargetUnderweight$15.00 ➝ $8.00Low
6/4/2020Compass PointInitiated CoverageSell$6.00High
4/7/2020CitigroupLower TargetNeutral$13.50 ➝ $4.50High
4/3/2020KeyCorpLower TargetUnderweight$12.00 ➝ $3.00High
3/23/2020Bank of AmericaDowngradeNeutral ➝ Underperform$11.00 ➝ $5.50High
1/28/2020KeyCorpLower TargetUnderweight$13.00 ➝ $12.00Low
12/17/2019KeyCorpLower TargetUnderweight$14.00 ➝ $13.00High
6/28/2019CitigroupSet TargetHold$16.00High
5/9/2019The Goldman Sachs GroupDowngradeNeutral ➝ Sell$19.80 ➝ $15.00Low
4/2/2019CitigroupSet TargetHold$21.00Low
3/25/2019Boenning ScattergoodInitiated CoverageOutperform$27.00Low
2/26/2019CitigroupSet TargetHold$23.00Medium
12/19/2018JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$24.00 ➝ $22.00High
10/16/2018ScotiabankInitiated CoverageUnderperformLow
8/16/2018CitigroupBoost TargetNeutral ➝ Neutral$21.00 ➝ $22.50Medium
5/3/2018Boenning ScattergoodReiterated RatingHoldLow
5/2/2018KeyCorpDowngradeSector Weight ➝ Underweight$19.00High
(Data available from 3/30/2018 forward)

News Sentiment Rating

0.88 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 4 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
9/1/2022
  • 3 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
10/1/2022
  • 7 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
10/31/2022
  • 4 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/30/2022
  • 3 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/30/2022
  • 8 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/29/2023
  • 10 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/28/2023
  • 6 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
3/30/2023

Current Sentiment

  • 6 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Tanger Factory Outlet Centers logo
Tanger Factory Outlet Centers, Inc. engages in the operation of upscale open-air outlet centers. The firm focuses on developing, acquiring, owning, operating, and managing outlet shopping centers. The company was founded by Stanley K. Tanger in 1981 and is headquartered in Greensboro, NC.
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Today's Range

Now: $18.75
Low: $18.67
High: $19.31

50 Day Range

MA: $18.65
Low: $17.53
High: $20.05

52 Week Range

Now: $18.75
Low: $13.26
High: $20.27

Volume

1,604,371 shs

Average Volume

941,018 shs

Market Capitalization

$1.96 billion

P/E Ratio

24.35

Dividend Yield

4.65%

Beta

1.81

Frequently Asked Questions

What sell-side analysts currently cover shares of Tanger Factory Outlet Centers?

The following Wall Street sell-side analysts have issued reports on Tanger Factory Outlet Centers in the last year: Citigroup Inc., Compass Point, Evercore ISI, StockNews.com, and The Goldman Sachs Group, Inc..
View the latest analyst ratings for SKT.

What is the current price target for Tanger Factory Outlet Centers?

4 Wall Street analysts have set twelve-month price targets for Tanger Factory Outlet Centers in the last year. Their average twelve-month price target is $19.50, suggesting a possible upside of 4.0%. The Goldman Sachs Group, Inc. has the highest price target set, predicting SKT will reach $22.00 in the next twelve months. Evercore ISI has the lowest price target set, forecasting a price of $15.00 for Tanger Factory Outlet Centers in the next year.
View the latest price targets for SKT.

What is the current consensus analyst rating for Tanger Factory Outlet Centers?

Tanger Factory Outlet Centers currently has 1 hold rating and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe SKT will outperform the market and that investors should add to their positions of Tanger Factory Outlet Centers.
View the latest ratings for SKT.

What other companies compete with Tanger Factory Outlet Centers?

Other companies that are similar to Tanger Factory Outlet Centers include Macerich, Retail Opportunity Investments, Acadia Realty Trust, Alexander's and Saul Centers. Learn More about companies similar to Tanger Factory Outlet Centers.

How do I contact Tanger Factory Outlet Centers' investor relations team?

Tanger Factory Outlet Centers' physical mailing address is 3200 NORTHLINE AVENUE SUITE 360, GREENSBORO NC, 27408. The real estate investment trust's listed phone number is (336) 292-3010 and its investor relations email address is [email protected] The official website for Tanger Factory Outlet Centers is www.tangeroutlet.com. Learn More about contacing Tanger Factory Outlet Centers investor relations.