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Tanger Factory Outlet Centers Inc
NYSE:SKT

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Tanger Factory Outlet Centers Inc Logo
Tanger Factory Outlet Centers Inc
NYSE:SKT
Watchlist
Price: 28.605 USD -0.23% Market Closed
Updated: Apr 29, 2024

Wall Street
Price Targets

SKT Price Targets Summary
Tanger Factory Outlet Centers Inc

Wall Street analysts forecast SKT stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for SKT is 29.58 USD with a low forecast of 20.2 USD and a high forecast of 34.65 USD.

Lowest
Price Target
20.2 USD
29% Downside
Average
Price Target
29.58 USD
3% Upside
Highest
Price Target
34.65 USD
21% Upside

SKT Last Price Targets
Tanger Factory Outlet Centers Inc

The latest public price target was made on Aug 7, 2023 by Floris Van Dijkum from Compass Point , who expects SKT stock to drop by 9% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Floris Van Dijkum
Compass Point
26 USD
Downside 9%
8 months ago
Aug 7, 2023
Compass Point Upgrades Tanger Factory Outlet Centers (SKT) to Buy
StreetInsider
Floris Van Dijkum
Compass Point
Price Target 26 USD
Upside/Downside 9%
View Source
Tanger Factory Outlet Centers Inc Competitors:
Price Targets
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23% Upside
PECO
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21% Upside
3453
Kenedix Retail Reit Corp
1% Upside
DXC
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GTY
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16% Upside
HMSO
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1% Upside

Revenue
Forecast

Revenue Estimate
Tanger Factory Outlet Centers Inc

For the last 8 years the compound annual growth rate for Tanger Factory Outlet Centers Inc's revenue is 1%. The projected CAGR for the next 2 years is 6%.

1%
Past Growth
6%
Estimated Growth
Estimates Accuracy
2%
Average Beat

Operating Income
Forecast

Operating Income Estimate
Tanger Factory Outlet Centers Inc

For the last 8 years the compound annual growth rate for Tanger Factory Outlet Centers Inc's operating income is -1%. The projected CAGR for the next 2 years is 6%.

-1%
Past Growth
6%
Estimated Growth
Estimates Accuracy
0%
Average Miss

Net Income
Forecast

Net Income Estimate
Tanger Factory Outlet Centers Inc

For the last 8 years the compound annual growth rate for Tanger Factory Outlet Centers Inc's net income is -10%. The projected CAGR for the next 2 years is -2%.

-10%
Past Growth
-2%
Estimated Growth
Estimates Accuracy
-10%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is SKT's stock price target?
Price Target
29.58 USD

According to Wall Street analysts, the average 1-year price target for SKT is 29.58 USD with a low forecast of 20.2 USD and a high forecast of 34.65 USD.

What is Tanger Factory Outlet Centers Inc's Revenue forecast?
Projected CAGR
6%

For the last 8 years the compound annual growth rate for Tanger Factory Outlet Centers Inc's revenue is 1%. The projected CAGR for the next 2 years is 6%.

What is Tanger Factory Outlet Centers Inc's Operating Income forecast?
Projected CAGR
6%

For the last 8 years the compound annual growth rate for Tanger Factory Outlet Centers Inc's operating income is -1%. The projected CAGR for the next 2 years is 6%.

What is Tanger Factory Outlet Centers Inc's Net Income forecast?
Projected CAGR
-2%

For the last 8 years the compound annual growth rate for Tanger Factory Outlet Centers Inc's net income is -10%. The projected CAGR for the next 2 years is -2%.