Bank of America Securities Remains a Hold on Tanger (SKT)

Bank of America Securities analyst Samir Khanal reiterated a Hold rating on Tanger today and set a price target of $38.00.

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According to TipRanks, Khanal is a 3-star analyst with an average return of 1.2% and a 59.26% success rate. Khanal covers the Real Estate sector, focusing on stocks such as Prologis, Rexford Industrial Realty, and Kite Realty Group.

Tanger has an analyst consensus of Hold, with a price target consensus of $38.25.

Based on Tanger’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $160.3 million and a net profit of $33.46 million. In comparison, last year the company earned a revenue of $140.74 million and had a net profit of $26.49 million

Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SKT in relation to earlier this year. Most recently, in March 2026, SUSAN E SKERRITT, a Director at SKT sold 5,060.00 shares for a total of $183,273.20.