Research Analysts Set Expectations for Target Q1 Earnings

Target Co. (NYSE:TGT - Free Report) - Analysts at Zacks Research cut their Q1 2026 earnings per share (EPS) estimates for Target in a note issued to investors on Tuesday, March 18th. Zacks Research analyst S. Singh now expects that the retailer will earn $1.75 per share for the quarter, down from their prior forecast of $2.05. The consensus estimate for Target's current full-year earnings is $8.69 per share. Zacks Research also issued estimates for Target's Q4 2026 earnings at $2.66 EPS, Q1 2027 earnings at $1.98 EPS and Q4 2027 earnings at $2.80 EPS.

Other analysts have also recently issued reports about the stock. KGI Securities set a $132.00 target price on shares of Target in a report on Wednesday, March 5th. Piper Sandler reduced their price objective on Target from $132.00 to $124.00 and set a "neutral" rating for the company in a research note on Wednesday, March 5th. UBS Group cut their target price on Target from $170.00 to $155.00 and set a "buy" rating on the stock in a research report on Wednesday, March 5th. JPMorgan Chase & Co. dropped their price target on Target from $146.00 to $140.00 and set a "neutral" rating on the stock in a research note on Wednesday, March 5th. Finally, The Goldman Sachs Group reduced their price objective on shares of Target from $166.00 to $142.00 and set a "buy" rating for the company in a research note on Wednesday, March 5th. One analyst has rated the stock with a sell rating, seventeen have assigned a hold rating and fifteen have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $145.55.

Target Price Performance

Shares of TGT traded down $2.98 during mid-day trading on Friday, hitting $105.37. The company's stock had a trading volume of 6,832,860 shares, compared to its average volume of 4,956,341. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.94 and a quick ratio of 0.25. The firm has a 50-day moving average price of $124.66 and a 200 day moving average price of $137.30. Target has a fifty-two week low of $101.76 and a fifty-two week high of $181.86. The stock has a market capitalization of $48.00 billion, a price-to-earnings ratio of 11.17, a PEG ratio of 1.94 and a beta of 1.18.

Target (NYSE:TGT - Get Free Report) last announced its earnings results on Tuesday, March 4th. The retailer reported $2.41 earnings per share for the quarter, beating the consensus estimate of $2.24 by $0.17. Target had a return on equity of 31.11% and a net margin of 4.06%. The business had revenue of $30.92 billion during the quarter, compared to analysts' expectations of $30.83 billion.

Target Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Sunday, June 1st. Stockholders of record on Wednesday, May 14th will be paid a dividend of $1.12 per share. The ex-dividend date is Wednesday, May 14th. This represents a $4.48 annualized dividend and a dividend yield of 4.25%. Target's dividend payout ratio (DPR) is presently 50.56%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the stock. Cynosure Group LLC grew its holdings in Target by 4.3% during the third quarter. Cynosure Group LLC now owns 1,590 shares of the retailer's stock valued at $248,000 after purchasing an additional 65 shares during the last quarter. Hancock Whitney Corp grew its stake in Target by 3.3% in the 3rd quarter. Hancock Whitney Corp now owns 2,156 shares of the retailer's stock valued at $336,000 after buying an additional 68 shares during the last quarter. Kathmere Capital Management LLC grew its stake in Target by 3.0% in the 4th quarter. Kathmere Capital Management LLC now owns 2,541 shares of the retailer's stock valued at $343,000 after buying an additional 73 shares during the last quarter. Cahill Financial Advisors Inc. raised its holdings in Target by 1.0% in the 3rd quarter. Cahill Financial Advisors Inc. now owns 7,490 shares of the retailer's stock worth $1,197,000 after acquiring an additional 76 shares during the period. Finally, Summit Financial Wealth Advisors LLC lifted its position in Target by 2.5% during the 3rd quarter. Summit Financial Wealth Advisors LLC now owns 3,100 shares of the retailer's stock worth $483,000 after acquiring an additional 76 shares during the last quarter. 79.73% of the stock is owned by institutional investors.

About Target

Target Corporation operates as a general merchandise retailer in the United States. The company offers apparel for women, men, boys, girls, toddlers, and infants and newborns, as well as jewelry, accessories, and shoes; and beauty and personal care, baby gear, cleaning, paper products, and pet supplies.