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BMO Capital Remains a Hold on Tanger (SKT)

Tipranks - Tue May 5, 7:08AM CDT

BMO Capital analyst Juan C. Sanabria maintained a Hold rating on Tanger yesterday and set a price target of $38.74.

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C. Sanabria covers the Real Estate sector, focusing on stocks such as Cubesmart, Public Storage, and Tanger. According to TipRanks, C. Sanabria has an average return of 2.8% and a 51.99% success rate on recommended stocks.

In a report released today, Bank of America Securities also reiterated a Hold rating on the stock with a $38.00 price target.

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.

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