Target (TGT) to Release Quarterly Earnings on Wednesday

Target (NYSE:TGT - Get Free Report) is expected to be releasing its Q1 2026 earnings data before the market opens on Wednesday, May 21st. Analysts expect Target to post earnings of $1.76 per share and revenue of $24.54 billion for the quarter. Target has set its FY 2025 guidance at 8.800-9.800 EPS.

Target (NYSE:TGT - Get Free Report) last issued its earnings results on Tuesday, March 4th. The retailer reported $2.41 earnings per share for the quarter, topping 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 company had revenue of $30.92 billion for the quarter, compared to analyst estimates of $30.83 billion. On average, analysts expect Target to post $9 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Target Stock Down 0.7%

TGT stock traded down $0.69 during mid-day trading on Monday, hitting $97.89. The stock had a trading volume of 8,462,241 shares, compared to its average volume of 5,917,238. The company has a current ratio of 0.94, a quick ratio of 0.25 and a debt-to-equity ratio of 0.99. Target has a 1-year low of $87.35 and a 1-year high of $167.40. The company has a fifty day moving average of $98.05 and a 200 day moving average of $121.28. The stock has a market capitalization of $44.48 billion, a price-to-earnings ratio of 10.38, a PEG ratio of 1.94 and a beta of 1.27.

Target Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Sunday, June 1st. Shareholders of record on Wednesday, May 14th will be given a $1.12 dividend. This represents a $4.48 annualized dividend and a yield of 4.58%. The ex-dividend date of this dividend is Wednesday, May 14th. Target's payout ratio is currently 50.56%.

Institutional Trading of Target

An institutional investor recently raised its position in Target stock. Brighton Jones LLC grew its position in Target Co. (NYSE:TGT - Free Report) by 101.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,080 shares of the retailer's stock after acquiring an additional 3,059 shares during the quarter. Brighton Jones LLC's holdings in Target were worth $822,000 as of its most recent SEC filing. 79.73% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have weighed in on TGT. Oppenheimer dropped their target price on Target from $165.00 to $150.00 and set an "outperform" rating on the stock in a research report on Thursday, March 6th. Mizuho began coverage on Target in a research report on Friday, April 11th. They issued a "neutral" rating and a $92.00 target price on the stock. Citigroup reaffirmed a "neutral" rating and issued a $97.00 target price (up from $95.00) on shares of Target in a research report on Wednesday, May 14th. KGI Securities set a $132.00 price objective on Target in a report on Wednesday, March 5th. Finally, Evercore ISI lowered their price objective on Target from $130.00 to $120.00 and set an "in-line" rating on the stock in a report on Tuesday, April 1st. Two equities research analysts have rated the stock with a sell rating, twenty-three have assigned a hold rating and eleven have issued a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $127.29.

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.