Tanger (NYSE:SKT) Rating Lowered to “Neutral” at Compass Point

Tanger (NYSE:SKT) was downgraded by equities researchers at Compass Point from a “buy” rating to a “neutral” rating in a report released on Thursday,Finviz reports. They presently have a $38.00 price target on the real estate investment trust’s stock. Compass Point’s price objective points to a potential upside of 0.88% from the company’s previous close.

Other analysts have also recently issued research reports about the stock. LADENBURG THALM/SH SH upgraded shares of Tanger to a “strong-buy” rating in a research report on Thursday, November 20th. Citigroup reaffirmed a “neutral” rating and set a $35.00 price target (down from $38.00) on shares of Tanger in a research report on Wednesday, November 19th. Weiss Ratings reiterated a “buy (b)” rating on shares of Tanger in a research report on Wednesday, January 21st. Scotiabank raised their target price on shares of Tanger from $33.00 to $34.00 and gave the stock a “sector perform” rating in a report on Wednesday, January 14th. Finally, Barclays reiterated a “positive” rating and issued a $36.00 price target on shares of Tanger in a report on Tuesday, January 13th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, Tanger has a consensus rating of “Moderate Buy” and an average price target of $36.29.

Tanger Price Performance

Shares of SKT stock opened at $37.67 on Thursday. The company has a debt-to-equity ratio of 2.20, a quick ratio of 0.51 and a current ratio of 0.51. The stock has a market capitalization of $4.34 billion, a PE ratio of 37.67, a PEG ratio of 1.56 and a beta of 1.18. Tanger has a 52 week low of $28.69 and a 52 week high of $37.69. The stock’s fifty day moving average is $33.79 and its 200-day moving average is $33.49.

Tanger (NYSE:SKT) last issued its quarterly earnings results on Tuesday, February 24th. The real estate investment trust reported $0.63 EPS for the quarter, topping the consensus estimate of $0.59 by $0.04. The company had revenue of $150.95 million during the quarter, compared to analysts’ expectations of $143.42 million. Tanger had a net margin of 19.70% and a return on equity of 16.74%. Tanger’s revenue was up 13.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.54 EPS. Tanger has set its FY 2026 guidance at 2.410-2.490 EPS. Equities research analysts expect that Tanger will post 2.24 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of SKT. Salomon & Ludwin LLC bought a new stake in shares of Tanger during the 3rd quarter worth $26,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Tanger by 127.3% in the second quarter. EverSource Wealth Advisors LLC now owns 948 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 531 shares during the last quarter. Advisory Services Network LLC acquired a new stake in shares of Tanger in the 3rd quarter valued at approximately $33,000. City Holding Co. bought a new stake in shares of Tanger during the 3rd quarter valued at approximately $34,000. Finally, Laurel Wealth Advisors LLC bought a new stake in shares of Tanger during the 4th quarter valued at approximately $34,000. Institutional investors and hedge funds own 85.23% of the company’s stock.

Key Headlines Impacting Tanger

Here are the key news stories impacting Tanger this week:

• Positive Sentiment: Q4 results beat consensus — FFO of $0.63/share (vs. $0.59 est.) and revenue of $150.95M (vs. $143.42M est.), with revenue up ~13.9% year-over-year; confirms improving operating trends and tenant demand. Press Release
• Positive Sentiment: Company materially raised FY‑2026 EPS guidance to $2.410–$2.490 versus the prior consensus (~$1.64), signaling management expects continued rent and occupancy strength and boosting forward earnings expectations. Guidance/Press Release
• Positive Sentiment: Analyst/press coverage highlights Tanger as an attractive dividend REIT given its payout profile and improving fundamentals — could draw income-oriented investors. Zacks Dividend Article
• Neutral Sentiment: Management released the full earnings presentation and the conference call transcript — useful for investors who want line-item detail on rent rolls, occupancy, leasing spreads and capital allocation (helps validate guidance). Earnings Call Transcript Presentation
• Neutral Sentiment: Wider media coverage (Yahoo/MSN/Wilton Bulletin) reiterates the beat and guidance; useful for confirming market takeaway but largely restates the same data points. Yahoo Coverage

About Tanger

Tanger Factory Outlet Centers, Inc (NYSE: SKT) is a real estate investment trust specializing in the ownership, development and management of outlet shopping centers. The company’s portfolio comprises more than 40 outlet properties anchored by leading fashion and lifestyle brands. Tanger’s centers are designed to offer off-price retail experiences in open-air, community-oriented settings, providing value-focused shoppers with access to premium brands at reduced prices.

Founded in 1981 by Stanley K.