Northland Securities Brokers Lift Earnings Estimates for TH

Key Points

• Northland Securities raised its Q2 2026 EPS estimate for Target Hospitality to ($0.07) from ($0.08) and issued Q3, Q4 and FY2026 forecasts (including a Northland FY2026 EPS of ($0.19)).
• Target Hospitality recently missed Q1 EPS at ($0.15) versus a consensus of ($0.10) despite beating revenue, and its shares traded around $13.83 with a MarketBeat consensus rating of "Moderate Buy" and an average target price of $13.00.
• An executive sold 9,000 shares in January while insiders still own about 68% of the company, and several institutions (including Royal Bank of Canada and Goldman Sachs) significantly increased or initiated positions during the quarter.

Target Hospitality Corp. (NASDAQ:TH - Free Report) - Investment analysts at Northland Securities upped their Q2 2026 earnings per share (EPS) estimates for Target Hospitality in a research note issued to investors on Thursday, April 2nd. Northland Securities analyst G. Gibas now forecasts that the company will post earnings per share of ($0.07) for the quarter, up from their prior estimate of ($0.08). The consensus estimate for Target Hospitality's current full-year earnings is $0.65 per share. Northland Securities also issued estimates for Target Hospitality's Q3 2026 earnings at ($0.01) EPS, Q4 2026 earnings at $0.02 EPS and FY2026 earnings at ($0.19) EPS.

Target Hospitality (NASDAQ:TH - Get Free Report) last posted its earnings results on Wednesday, March 11th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.10) by ($0.05). Target Hospitality had a negative net margin of 11.58% and a negative return on equity of 8.65%. The firm had revenue of $89.78 million during the quarter, compared to the consensus estimate of $85.20 million.

TH has been the topic of several other research reports. Stifel Nicolaus reiterated a "buy" rating and set a $15.00 price objective (up from $11.00) on shares of Target Hospitality in a report on Monday. Oppenheimer raised Target Hospitality from a "market perform" rating to an "outperform" rating and set a $11.00 price target on the stock in a research report on Tuesday, March 17th. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Target Hospitality in a research report on Friday, March 27th. Texas Capital raised Target Hospitality from a "hold" rating to a "strong-buy" rating in a report on Thursday, March 12th. Finally, Wall Street Zen raised Target Hospitality from a "sell" rating to a "hold" rating in a report on Saturday. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Target Hospitality currently has a consensus rating of "Moderate Buy" and an average target price of $13.00.

Target Hospitality Price Performance

Shares of Target Hospitality stock traded up $0.21 during trading on Tuesday, hitting $13.83. 193,820 shares of the company were exchanged, compared to its average volume of 588,336. The firm has a market capitalization of $1.38 billion, a P/E ratio of -36.39 and a beta of 1.12. Target Hospitality has a 1-year low of $5.97 and a 1-year high of $14.13. The firm's fifty day moving average price is $8.39 and its 200 day moving average price is $7.98.

Insider Buying and Selling at Target Hospitality

In related news, EVP Heidi Diane Lewis sold 9,000 shares of the firm's stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $7.34, for a total transaction of $66,060.00. Following the completion of the sale, the executive vice president owned 131,742 shares of the company's stock, valued at $966,986.28. This trade represents a 6.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 68.00% of the company's stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. Royal Bank of Canada lifted its holdings in Target Hospitality by 3,549.2% during the first quarter. Royal Bank of Canada now owns 43,863 shares of the company's stock worth $289,000 after acquiring an additional 42,661 shares during the period. AQR Capital Management LLC purchased a new position in Target Hospitality during the first quarter worth about $114,000. Goldman Sachs Group Inc. grew its position in Target Hospitality by 104.9% during the first quarter. Goldman Sachs Group Inc. now owns 280,288 shares of the company's stock worth $1,844,000 after buying an additional 143,505 shares in the last quarter. Empowered Funds LLC purchased a new position in Target Hospitality during the first quarter worth about $660,000. Finally, Strs Ohio bought a new stake in Target Hospitality during the first quarter worth about $131,000. Institutional investors own 32.40% of the company's stock.

About Target Hospitality

Target Hospitality is a lodging solutions provider specializing in the ownership and operation of modular workforce housing communities across North America. The company serves large-scale clients in the energy, mining, construction and government sectors that require temporary or long-term accommodations for remote workforces. Its housing portfolio includes suite-style units, single-family cabins and “man-camp” dormitories, designed to match project size, duration and workforce composition.

In addition to lodging, Target Hospitality delivers integrated support services such as on-site dining and culinary management, housekeeping, maintenance, facility management and logistics planning.

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