Ladenburg Thalmann Reiterates Rating on SKT $SKT

Key Points

  • Ladenburg Thalmann now rates Tanger Inc. ($SKT) "buy" with a $42 target.
  • Ladenburg Thalmann's $42 price target implies 3.81% upside from Tanger Inc.'s ($SKT) current $40.46 share price.
  • The Street's average $SKT price target is $41.36 (Hold).
  • $SKT last traded around $40.46.

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Ladenburg Thalmann reiterated its rating on Tanger Inc. ($SKT) to a "buy" rating in a recent research note and set a price target of $42, a 3.81% upside from the current price.

Tanger Inc. Stock Up 7.2%

Shares of Tanger Inc. ($SKT) traded around $40.46 on Saturday, up 7.2% for the day.

Last price$40.46
Market cap$4.33B
P/E ratio34.60
Forward P/E31.91
PEG ratio4.14
Beta1.09
52-week low$31.13
52-week high$42.53
50-day MA$39.79
200-day MA$36.21
Current ratio0.74
Quick ratio0.52
Debt-to-equity2.78

Tanger Inc. Earnings

EPS (ttm)$1.09
Revenue (ttm)$627.75M
Revenue growth11.50%
Net margin20.23%
Return on equity19.40%
Next earningsNov 4, 2026

Tanger Inc. Dividend

Annual dividend$1.25
Dividend yield331%
Payout ratio109.17%
Ex-dividend dateJul 31, 2026

Analysts Set New Price Targets

ConsensusHold
Average target$41.36
High target$46
Low target$38
Analysts covering11

About Tanger Inc.

Tanger Inc. is a leading owner and operator of outlet and other open-air retail shopping destinations, with 45 years of expertise in the retail and outlet shopping industries. Tanger's portfolio of 38 outlet centers and four open-air lifestyle centers includes nearly 17 million square feet well positioned across tourist destinations and vibrant markets in 22 U.S. states and Canada. A publicly traded REIT since 1993, Tanger continues to innovate the retail experience for its shoppers with over 3,000 stores operated by more than 800 different brand name companies. Tanger is furnishing a Form 8-K with the SEC that includes a supplemental information package for the quarter ended June 30, 2026. Tanger Inc. was established in 1981 and was incorporated in North Carolina.

ExchangeNYSE
SectorReal Estate
IndustryREIT - Retail
HeadquartersGreensboro, NC
CEOMr. Stephen J. Yalof
Employees407

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