Tanger Inc's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 55 out of 188 in the Residential & Commercial REITs industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 38.60.In the medium term, the stock price is expected to remain stable.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Tanger Inc is 8.03, ranking 65 out of 188 in the Residential & Commercial REITs industry. Its financial status is stable, and its operating efficiency is high. Its latest quarterly revenue reached 150.42M, representing a year-over-year increase of 11.12%, while its net profit experienced a year-over-year increase of 47.64%.
Key Metrics
The current valuation score of Tanger Inc is 6.17, ranking 153 out of 188 in the Residential & Commercial REITs industry. Its current P/E ratio is 32.57, which is 29.65% below the recent high of 42.22 and 31.26% above the recent low of 22.39.
The current earnings forecast score of Tanger Inc is 6.62, ranking 120 out of 188 in the Residential & Commercial REITs industry. The average price target is 37.00, with a high of 40.00 and a low of 33.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Tanger Inc is 6.71, ranking 74 out of 188 in the Residential & Commercial REITs industry. Currently, the stock price is trading between the resistance level at 36.74 and the support level at 34.34, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of Tanger Inc is 10.00, ranking 1 out of 188 in the Residential & Commercial REITs industry. The latest institutional shareholding proportion is 106.69%, representing a quarter-over-quarter increase of 12.51%. The largest institutional shareholder is Ken Fisher, holding a total of 421.49K shares, representing 0.37% of shares outstanding, with 17.90% decrease in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Residential & Commercial REITs domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Tanger Inc is 9.45, ranking 56 out of 188 in the Residential & Commercial REITs industry. The company's beta value is 1.11. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. with an industry-leading ESG disclosure.
