Barclays Sticks to Their Hold Rating for Tanger (SKT)

Barclays analyst Richard Hightower maintained a Hold rating on Tanger (SKT) with a price target of $37.00. Hightower, who covers the Real Estate sector, has an average return of -3.3% and a 33.09% success rate. Evercore ISI also issued a Hold rating, while Bank of America Securities maintained a Buy rating on Tanger.

Evercore ISI Keeps Their Hold Rating on Tanger (SKT)

Evercore ISI's Steve Sakwa maintains a Hold rating on Tanger (SKT) with a $36.00 price target. Tanger's shares closed at $33.82, with an analyst consensus of Moderate Buy and a price target consensus of $36.67, suggesting an 8.43% upside. Sakwa, a 2-star analyst, covers the Real Estate sector. Bank of America Securities also holds a similar rating and price target.

Tanger | 10-Q: FY2025 Q3 Revenue: USD 145.21 M

Tanger Inc. Reports Strong Q3 2025 Results

Tanger Inc. reported strong Q3 2025 results, highlighting robust tenant demand and record leasing volumes. The company achieved a net income of $0.28 per share and FFO of $0.60 per share, with an occupancy rate of 97.4%. Strategic initiatives, including digital marketing and portfolio remerchandising, contributed to these results. Tanger has raised its full-year guidance for 2025, focusing on organic growth and selective acquisitions, supported by a strong balance sheet. The company aims to enhance shareholder value and expand its market presence.

Tanger Inc. Shines in Earnings Call with Record Leasing

Tanger Inc. reported strong Q3 earnings, showcasing record leasing volumes and strategic acquisitions. The company achieved a core FFO of $0.60 per share, an 11% increase year-over-year, with a 97.4% occupancy rate. They acquired Legends Outlets for $130 million, expecting an 8% return. Despite challenges with certain retailers and upcoming debt maturities, Tanger raised its full-year guidance for core FFO to $2.28-$2.32, reflecting confidence in its strategies and market position.