$33.21
0.06% day before yesterday
NYSE, Nov 01, 09:00 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
38%
Hold
63%

Tanger Factory Outlet Centers, Inc. Price Target

Target Price $32.57
Price $33.19
Deviation
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 $32.57. This is lower than the current stock price. The highest price target is , the lowest is .
A rating was issued by 8 analysts: 3 Analysts recommend Tanger Factory Outlet Centers, Inc. to buy, 5 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 Hold.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 464.41 500.84
4.93% 7.84%
EBITDA Margin 52.27% 59.03%
1.84% 12.94%
Net Margin 21.66% 17.43%
13.87% 19.54%

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

$501m
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. This is
0.74% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$514m 3.39%
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, the lowest is
$487m 2.03%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $464m 4.93%
2024
$501m 7.84%
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2025
$520m 3.92%
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2026
$502m 3.47%
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8 Analysts have issued an Tanger Factory Outlet Centers, Inc. EBITDA forecast 2024. The average Tanger Factory Outlet Centers, Inc. EBITDA estimate is

$296m
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. This is
10.84% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$323m 20.93%
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, the lowest is
$273m 2.28%
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.

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

EBITDA Estimates

2023 $243m 6.86%
2024
$296m 21.81%
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2025
$307m 3.87%
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2026
$320m 4.08%
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EBITDA Margin

2023 52.27% 1.84%
2024
59.03% 12.94%
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2025
59.01% 0.03%
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2026
63.63% 7.83%
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2 Tanger Factory Outlet Centers, Inc. Analysts have issued a net profit forecast 2024. The average Tanger Factory Outlet Centers, Inc. net profit estimate is

$87.3m
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. This is
11.28% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$95.1m 3.34%
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, the lowest is
$79.5m 19.24%
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.

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

Net Profit Estimates

2023 $101m 19.48%
2024
$87.3m 13.21%
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2025
$95.5m 9.33%
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2026
$107m 12.19%
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Net Margin

2023 21.66% 13.87%
2024
17.43% 19.54%
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2025
18.34% 5.22%
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2026
21.32% 16.25%
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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 41.57
EV/Sales 10.36

2 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
11.11% 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
$0.87 3.33%
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, the lowest is
$0.73 18.89%
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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
$0.87 8.75%
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2026
$0.98 12.64%
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P/E ratio

Current 36.94 42.74%
2024
41.57 12.53%
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2025
38.02 8.54%
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2026
33.89 10.86%
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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

10.36
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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 10.43 30.05%
2024
10.36 0.70%
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2025
9.97 3.77%
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2026
10.33 3.60%
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P/S ratio

Current 7.30 43.18%
2024
7.25 0.74%
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2025
6.97 3.77%
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2026
7.22 3.60%
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