Sunbelt Migration And Densification Will Boost Retail Footfall

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

04 Sep 24

Updated

12 Dec 25

Views

36

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

-0.2%

7D

2.9%

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1Y

-0.2%

7D

2.9%

You can edit this narrative until Dec 13 5:05 PM. Then, changes will post as Updates.

Author's Valuation

US$36.736.7% undervalued

AnalystConsensusTarget Fair Value

Shared on 12 Dec 25

SKT: Future Share Trends Will Reflect Mixed Ratings And Earnings Outlook

The analyst price target for Tanger has edged higher to $36.73 from $36.73. This reflects analysts' view that recent upward target revisions from major firms, grounded in stronger-than-peer core FFO growth projections and robust Q3 REIT earnings trends, more than offset a single downgrade citing better upside elsewhere in the sector.

Shared on 28 Nov 25

Fair value Increased 1.00%

SKT: Neutral Ratings And Earnings Forecasts Will Influence Share Trends Into 2025

The analyst price target for Tanger was raised slightly from $36.36 to $36.73, with analysts citing recent upward adjustments in model estimates and generally positive sector outlooks, although there have been some mixed ratings changes from major firms. Analyst Commentary Recent Street research reports capture a mix of optimism and caution in analyst sentiment toward Tanger.

Shared on 14 Nov 25

Fair value Increased 2.30%

SKT: Projected 2027 Earnings Will Guide Share Performance Amid Sector Tailwinds

Analysts have increased the price target for Tanger from $35.55 to $36.36 per share. This change is driven by updated earnings models reflecting stronger profit margins and recent upward adjustments to retail REIT estimates.

Shared on 05 Sep 25

Fair value Increased 1.30%

Analysts modestly raised Tanger’s price target to $35.55, citing strong Q2 earnings, improved free cash flow, and balance sheet strength, while noting ongoing macro concerns. Analyst Commentary Increased retail REIT estimates following Q2 earnings strength.

Shared on 08 May 25

Fair value Decreased 12%

Shared on 30 Apr 25

Fair value Decreased 2.46%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 23 Apr 25

Fair value Increased 0.79%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 17 Apr 25

Fair value Decreased 0.85%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 09 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 02 Apr 25

Fair value Increased 2.14%

AnalystConsensusTarget has increased revenue growth from 2.1% to 5.0% and decreased future PE multiple from 83.4x to 73.0x.

Shared on 26 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 19 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 11 Mar 25

Fair value Increased 17%

AnalystConsensusTarget has increased revenue growth from 0.9% to 2.1%, increased profit margin from 11.7% to 13.1% and increased future PE multiple from 45.6x to 83.5x.

AnalystConsensusTarget Fair Value

US$36.73

6.7% undervalued

Future estimation in

Growth p.a.

Growth p.a.

%

Decrease

Increase

Current revenue growth rate

3.46%

Retail REITs revenue growth rate

0.11%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

7.83%

Calculation

US$146.72m

Earnings '28

x

38.31x

PE Ratio '28

=

US$5.62b

Market Cap '28

US$5.62b

Market Cap '28

/

122.38m

No. shares '28

=

US$45.93

Share Price '28

US$45.93 Share Price '28

Discounted to 2025 @ 7.85% p.a.

=

US$36.61

Fair Value '25