Ladenburg Thalmann Rates Tanger (SKT) buy, $42 Price Target

Ladenburg Thalmann maintains its buy rating for Tanger Inc., setting a $42 price target, a 3.42% upside from the current price.

By EarningsIQ Research Desk · Published Jun 14, 2026, 2:01 AM EDT · Updated Jun 16, 2026, 5:01 AM EDT

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Ladenburg Thalmann rated Tanger Inc. ($SKT) "buy" with a $42 price target on June 10, 2026.

Since the rating, $SKT is down 2.3% after 1 week, up 0.1% after 1 month and down 9.8% to date (from the $39.30 close on Jun 10, 2026).

SKT Tanger Inc.

$35.43 +9.72% year to date

Daily close · Oct 16, 2026

Key Points

Ladenburg Thalmann reiterated its buy rating on Tanger Inc. with a $42 price target on June 10, 2026.
Ladenburg Thalmann's $42 price target implies 3.42% upside from Tanger Inc.'s ($SKT) current $40.61 share price.
Tanger Inc. trades at $40.46 with a market cap of $4.65 billion, a P/E ratio of 38.17, and a 52-week range of $29.24 to $40.57.
BlackRock reduced its Tanger holdings by 898,789 shares, while FMR LLC increased by 3,279,798 shares.

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Ladenburg Thalmann has reiterated its buy rating on Tanger Inc. (NYSE:SKT), setting a price target of $42. Analyst Floris Van Dijkum reaffirmed the rating on June 10, 2026, suggesting confidence in the company's potential.

Other Institutional Activity in Tanger Inc.

BlackRock, Inc. trimmed its stake in Tanger by 898,789 shares, leaving it with 20,629,487 shares valued at about $700.99 million. FMR LLC, on the other hand, boosted its position by 3,279,798 shares, ending with 14,980,904 shares worth approximately $509.05 million. Vanguard Portfolio Management LLC added 11,935,801 shares, bringing its total to the same amount, valued at $405.58 million. State Street Corp's holdings saw a slight increase of 7,755 shares, totaling 6,488,303 shares valued at roughly $220.47 million. Geode Capital Management, LLC increased its stake by 108,879 shares, reaching 2,988,572 shares valued at $101.57 million.

Tanger Inc. Stock Up 13.4%

Shares of NYSE:SKT are trading near $40.46. Tanger Inc. holds a market capitalization of $4.65 billion, with a P/E ratio of 38.17 and a forward P/E of 32.83. The stock has experienced a 52-week low of $29.24 and a high of $40.57. It maintains a 50-day moving average of $36.47 and a 200-day moving average of $34.51. The company's current ratio is 0.855, quick ratio is 0.495, and its debt-to-equity ratio is 280.55.

12-month forecast

$SKT price target

Tanger Inc. daily closes and this analyst's $42 target. Not advice.

Recent Earnings

Tanger Inc. reported revenue of $611.24 million, with a revenue growth rate of 11.7%. The company achieved a net margin of 20.26% and a return on equity (ROE) of 18.99%. Earnings per share (EPS) were recorded at $1.06. The next earnings report is scheduled for August 4, 2026.

Dividend

Tanger Inc. offers an annual dividend rate of $1.19, yielding 2.94%. The dividend payout ratio stands at 110.38%.

Insider Buying and Selling at Tanger Inc.

On May 15, 2026, insider Jeffrey Citrin bought 589 shares at an average price of $35.78. On the same day, Bridget Ryan Berman sold 14,698 shares at $35.24. Previously, on March 20, 2026, Thomas Joseph Guerrieri Jr., the SVP and CAO, sold 1,325 shares at $35.48. Leslie Swanson Gallardo, the EVP and COO, both bought and sold 49,669 shares on March 20, 2026.

Analysts Set New Price Targets

On June 10, 2026, Ladenburg Thalmann maintained its buy rating with a $42 price target. Earlier, on May 19, 2026, Scotiabank kept its hold rating with a target of $37. Barclays maintained a hold rating with a $41 target on May 12, 2026. The consensus recommendation for Tanger Inc. is a hold, with an average target price of $38.82 from 11 analysts.

About Tanger Inc.

Tanger Inc. is a prominent real estate investment trust (REIT) focusing on retail outlets and open-air shopping centers. Headquartered in Greensboro, North Carolina, and led by CEO Stephen J. Yalof, the company operates 38 outlet centers and three open-air lifestyle centers across the U.S. and Canada. Tanger Inc., founded in 1981, employs 407 people and has been publicly traded since 1993.

Bottom Line

Ladenburg Thalmann's reaffirmation of a buy rating with a $42 target reflects optimism in Tanger Inc.'s prospects. With a strong presence in retail outlets and open-air centers, Tanger remains a key player in the real estate sector. Investors should note that analyst ratings are based on past performance and projections, and actual results may differ.