Evercore ISI Keeps Their Hold Rating on Tanger (SKT)
Evercore ISI analyst Steve Sakwa maintained a Hold rating on Tanger yesterday and set a price target of $36.00.
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Sakwa covers the Real Estate sector, focusing on stocks such as Equity Residential, AvalonBay, and Macerich. According to TipRanks, Sakwa has an average return of 0.1% and a 48.53% success rate on recommended stocks.
In addition to Evercore ISI, Tanger also received a Hold from Scotiabank’s Greg McGinniss in a report issued yesterday. However, today, Compass Point maintained a Buy rating on Tanger (NYSE: SKT).
Based on Tanger’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $140.69 million and a net profit of $30.09 million. In comparison, last year the company earned a revenue of $128.96 million and had a net profit of $24.84 million
Based on the recent corporate insider activity of 31 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 September 2025, Leslie Swanson Gallardo, the EVP & COO of SKT sold 17,500.00 shares for a total of $607,950.00.
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