TH Stock Gets Reduced EPS Forecast from Northland Securities

Key Points

• Northland cut its Q4 2026 EPS forecast for Target Hospitality to $0.16 from $0.22, while forecasting $1.08 EPS for FY2027; the current full-year consensus is a loss of $0.04 per share.
• Target Hospitality reported a quarterly loss of $0.09 per share, but revenue of $129.06 million exceeded analysts’ $118.35 million estimate. The company posted negative net margin and return on equity.
• The company reaffirmed 2026 revenue guidance of $435 million–$445 million and cited more than $1.7 billion in multiyear awards secured since January, though the stock fell 6.9%.

Target Hospitality Corp. (NASDAQ:TH - Free Report) - Analysts at Northland Securities decreased their Q4 2026 earnings per share estimates for shares of Target Hospitality in a research report issued on Tuesday, November 10th. Northland Securities analyst G. Gibas now expects that the company will earn $0.16 per share for the quarter, down from their previous forecast of $0.22. The consensus estimate for Target Hospitality's current full-year earnings is ($0.04) per share. Northland Securities also issued estimates for Target Hospitality's FY2027 earnings at $1.08 EPS.

Target Hospitality (NASDAQ:TH - Get Free Report) last announced its quarterly earnings data on Monday, November 9th. The company reported ($0.09) earnings per share (EPS) for the quarter. Target Hospitality had a negative net margin of 12.23% and a negative return on equity of 11.92%. The company had revenue of $129.06 million during the quarter, compared to analysts' expectations of $118.35 million.

TH has been the topic of a number of other reports. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a $23.00 price objective on shares of Target Hospitality in a research report on Thursday, August 27th. Stifel Nicolaus set a $26.00 price objective on shares of Target Hospitality in a report on Thursday, August 27th. Oppenheimer lifted their price objective on shares of Target Hospitality from $24.00 to $27.00 and gave the stock an "outperform" rating in a research report on Tuesday, September 8th. Morgan Stanley boosted their target price on shares of Target Hospitality from $22.00 to $25.00 and gave the stock an "overweight" rating in a research note on Monday, September 14th. Finally, Weiss Ratings lowered Target Hospitality from a "sell (d+)" rating to a "sell (d-)" rating in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $25.20.

Target Hospitality Stock Down 6.9%

Shares of NASDAQ:TH opened at $10.30 on Wednesday. Target Hospitality has a fifty-two week low of $6.10 and a fifty-two week high of $21.76. The firm's 50 day moving average price is $17.19 and its 200 day moving average price is $14.84. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.11. The stock has a market cap of $1.03 billion, a price-to-earnings ratio of -22.39 and a beta of 1.56.

Institutional Trading of Target Hospitality

Institutional investors have recently modified their holdings of the stock. HighTower Advisors LLC boosted its holdings in shares of Target Hospitality by 4.3% in the 3rd quarter. HighTower Advisors LLC now owns 1,922,248 shares of the company's stock valued at $37,907,000 after buying an additional 79,981 shares in the last quarter. Royce & Associates LP grew its position in shares of Target Hospitality by 71.5% in the 3rd quarter. Royce & Associates LP now owns 898,625 shares of the company's stock valued at $17,721,000 after buying an additional 374,684 shares during the last quarter. Russell Investments Group Ltd. raised its stake in Target Hospitality by 347.7% during the 3rd quarter. Russell Investments Group Ltd. now owns 323,806 shares of the company's stock worth $6,385,000 after acquiring an additional 251,473 shares in the last quarter. Calamos Advisors LLC raised its stake in Target Hospitality by 230.7% during the 3rd quarter. Calamos Advisors LLC now owns 201,731 shares of the company's stock worth $3,978,000 after acquiring an additional 140,730 shares in the last quarter. Finally, State of Wyoming raised its stake in Target Hospitality by 273.0% during the 3rd quarter. State of Wyoming now owns 34,902 shares of the company's stock worth $688,000 after acquiring an additional 25,544 shares in the last quarter. Hedge funds and other institutional investors own 32.40% of the company's stock.

Insider Activity

In other Target Hospitality news, CEO James Archer bought 13,385 shares of the firm's stock in a transaction that occurred on Tuesday, September 15th. The stock was purchased at an average price of $18.69 per share, for a total transaction of $250,165.65. Following the completion of the purchase, the chief executive officer directly owned 1,845,441 shares in the company, valued at $34,491,292.29. This trade represents a 0.73% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Troy Schrenk bought 5,907 shares of the firm's stock in a transaction that occurred on Friday, September 18th. The shares were acquired at an average price of $21.16 per share, with a total value of $124,992.12. Following the purchase, the insider owned 216,995 shares of the company's stock, valued at $4,591,614.20. The trade was a 2.80% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 3.80% of the stock is currently owned by company insiders.

Key Stories Impacting Target Hospitality

Here are the key news stories impacting Target Hospitality this week:

• Positive Sentiment: Third-quarter revenue rose 30% year over year to $129.1 million, beating analyst expectations of $118.35 million. The company said growth reflected expanding workforce-housing contracts; since January, it has secured more than $1.7 billion in multiyear awards representing over 10,000 beds. Article: Target Hospitality Announces Third Quarter 2026 Results
• Positive Sentiment: Management pointed to a workforce-hospitality pipeline exceeding 25,000 beds and set 2027 exit run-rate targets of more than $750 million in revenue and $300 million in adjusted EBITDA, offering investors a sizable growth outlook. Article: Target Hospitality outlines 2027 run-rate targets
• Neutral Sentiment: Target Hospitality reaffirmed 2026 revenue guidance of $435 million to $445 million, broadly in line with the $439.1 million analyst consensus. Article: Target Hospitality reaffirms 2026 guidance
• Neutral Sentiment: A report described November short interest as having increased but listed the total at zero shares and days to cover at zero. Those figures are inconsistent with the headline and provide no clear short-selling signal.
• Negative Sentiment: The company posted a third-quarter loss of $0.09 per share. While revenue beat expectations, reports also noted persistent margin headwinds, which could limit how much of the strong sales growth translates into profitability. Article: TH Q3 2026 deep dive

About Target Hospitality

Target Hospitality Corporation provides modular accommodations and hospitality services for workers and other groups who need lodging near remote or specialized locations. Its services include lodging, dining, housekeeping, laundry, and recreation, with facilities designed to support extended stays. The company serves customers in industries such as energy and natural resources, as well as government clients. Its operations are primarily in the United States, including locations in the Permian Basin and other areas where traditional lodging may be limited.

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