$36.67
0.49% yesterday
NYSE, Nov 25, 10:11 pm CET
ISIN
US8754651060
Symbol
SKT

Tanger Factory Outlet Centers, Inc. Target price 2024 - Analyst rating & recommendation

Tanger Factory Outlet Centers, Inc. Classifications & Recommendation:

Buy
50%
Hold
50%

Tanger Factory Outlet Centers, Inc. Price Target

Target Price $38.00
Price $36.67
Potential
Number of Estimates 7
7 Analysts have issued a price target Tanger Factory Outlet Centers, Inc. 2025 . The average Tanger Factory Outlet Centers, Inc. target price is $38.00. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 8 analysts: 4 Analysts recommend Tanger Factory Outlet Centers, Inc. to buy, 4 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Tanger Factory Outlet Centers, Inc. stock has an average upside potential 2025 of . Most analysts recommend the Tanger Factory Outlet Centers, Inc. stock at Buy or hold.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 464.41 502.81
4.93% 8.27%
EBITDA Margin 52.27% 56.77%
1.84% 8.62%
Net Margin 21.83% 17.63%
13.87% 19.25%

6 Analysts have issued a sales forecast Tanger Factory Outlet Centers, Inc. 2024 . The average Tanger Factory Outlet Centers, Inc. sales estimate is

$503m
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. This is
1.95% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$518m 1.08%
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, the lowest is
$490m 4.38%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $464m 4.93%
2024
$503m 8.27%
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2025
$522m 3.82%
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2026
$496m 5.08%
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5 Analysts have issued an Tanger Factory Outlet Centers, Inc. EBITDA forecast 2024. The average Tanger Factory Outlet Centers, Inc. EBITDA estimate is

$285m
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. This is
2.08% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$289m 3.52%
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, the lowest is
$276m 1.31%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $243m 6.86%
2024
$285m 17.60%
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2025
$298m 4.29%
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2026
$304m 2.09%
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EBITDA Margin

2023 52.27% 1.84%
2024
56.77% 8.62%
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2025
57.02% 0.44%
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2026
61.33% 7.56%
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3 Tanger Factory Outlet Centers, Inc. Analysts have issued a net profit forecast 2024. The average Tanger Factory Outlet Centers, Inc. net profit estimate is

$88.6m
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. This is
7.56% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$94.8m 1.15%
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, the lowest is
$79.6m 16.95%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $101m 19.48%
2024
$88.6m 12.59%
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2025
$97.6m 10.08%
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2026
$104m 6.41%
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Net Margin

2023 21.83% 13.87%
2024
17.63% 19.25%
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2025
18.69% 6.01%
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2026
20.95% 12.09%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 0.92 0.80
19.48% 13.04%
P/E 45.60
EV/Sales 11.10

3 Analysts have issued a Tanger Factory Outlet Centers, Inc. forecast for earnings per share. The average Tanger Factory Outlet Centers, Inc. <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$0.80
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. This is
8.05% lower
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$0.86 1.15%
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, the lowest is
$0.72 17.24%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $0.92 19.48%
2024
$0.80 13.04%
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2025
$0.89 11.25%
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2026
$0.94 5.62%
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P/E ratio

Current 42.39 46.27%
2024
45.60 7.57%
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2025
41.42 9.17%
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2026
38.93 6.01%
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Based on analysts' sales estimates for 2024, the Tanger Factory Outlet Centers, Inc. stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

11.10
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and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 10.88 23.22%
2024
11.10 2.03%
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2025
10.69 3.68%
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2026
11.26 5.35%
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P/S ratio

Current 7.92 34.36%
2024
8.07 1.99%
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2025
7.78 3.68%
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2026
8.19 5.35%
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