Target (TGT) to Release Earnings on Wednesday

Key Points

• Target is set to announce its Q2 2026 earnings on August 20th, with expectations of earnings at $2.08 per share and revenue around $24.84 billion.
• The company recently declared a quarterly dividend of $1.12 per share, to be paid on September 1st, reflecting a yield of 4.2%.
• Several analysts have adjusted their target prices for Target shares, with DA Davidson lowering it from $140.00 to $125.00 while maintaining a "buy" rating.

Target (NYSE:TGT - Get Free Report) will likely be announcing its Q2 2026 earnings results before the market opens on Wednesday, August 20th. Analysts expect the company to announce earnings of $2.08 per share and revenue of $24.84 billion for the quarter. Target has set its FY 2025 guidance at 7.000-9.000 EPS.

Target (NYSE:TGT - Get Free Report) last posted its quarterly earnings data on Wednesday, May 21st. The retailer reported $1.30 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.65 by ($0.35). The business had revenue of $24.20 billion during the quarter, compared to the consensus estimate of $24.54 billion. Target had a net margin of 3.95% and a return on equity of 25.59%. The business's revenue for the quarter was down 2.8% on a year-over-year basis. During the same period in the prior year, the firm earned $2.03 EPS. On average, analysts expect Target to post $9 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Target Stock Performance

NYSE TGT traded down $1.26 during trading on Friday, reaching $102.99. The company's stock had a trading volume of 6,291,707 shares, compared to its average volume of 6,902,747. The firm has a 50 day moving average price of $101.66 and a 200 day moving average price of $105.38. Target has a 12 month low of $87.35 and a 12 month high of $167.40. The company has a current ratio of 0.94, a quick ratio of 0.25 and a debt-to-equity ratio of 0.96. The firm has a market capitalization of $46.79 billion, a price-to-earnings ratio of 11.32, a price-to-earnings-growth ratio of 3.02 and a beta of 1.22.

Target Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 1st. Stockholders of record on Wednesday, August 13th will be issued a dividend of $1.12 per share. This represents a $4.48 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend is Wednesday, August 13th. Target's dividend payout ratio is 50.11%.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Robert W. Baird set a $100.00 price target on shares of Target in a report on Thursday, May 22nd. Piper Sandler reiterated a "neutral" rating on shares of Target in a research report on Tuesday, July 29th. Wedbush reiterated an "outperform" rating on shares of Target in a research report on Thursday, July 17th. Evercore ISI upped their price objective on shares of Target from $104.00 to $108.00 and gave the stock an "in-line" rating in a research report on Tuesday. Finally, The Goldman Sachs Group lowered their price objective on shares of Target from $101.00 to $90.00 and set a "neutral" rating for the company in a research report on Thursday, May 22nd. Four investment analysts have rated the stock with a sell rating, twenty-two have given a hold rating and ten have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $115.42.

Insider Activity

In related news, insider Brian C. Cornell sold 45,000 shares of the stock in a transaction dated Wednesday, May 28th. The shares were sold at an average price of $96.18, for a total value of $4,328,100.00. Following the completion of the transaction, the insider directly owned 246,453 shares in the company, valued at $23,703,849.54. This trade represents a 15.44% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.16% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Ameriprise Financial Inc. grew its position in Target by 17.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,162,050 shares of the retailer's stock valued at $311,911,000 after purchasing an additional 461,495 shares during the last quarter. Smead Capital Management Inc. grew its position in Target by 20.4% during the 2nd quarter. Smead Capital Management Inc. now owns 1,973,113 shares of the retailer's stock valued at $194,648,000 after purchasing an additional 334,817 shares during the last quarter. Alliancebernstein L.P. grew its position in Target by 2.8% during the 2nd quarter. Alliancebernstein L.P. now owns 530,890 shares of the retailer's stock valued at $52,372,000 after purchasing an additional 14,676 shares during the last quarter. Treasurer of the State of North Carolina grew its position in Target by 11.0% during the 2nd quarter. Treasurer of the State of North Carolina now owns 272,787 shares of the retailer's stock valued at $26,910,000 after purchasing an additional 27,063 shares during the last quarter. Finally, Sei Investments Co. boosted its holdings in shares of Target by 8.0% during the 2nd quarter. Sei Investments Co. now owns 190,860 shares of the retailer's stock valued at $18,832,000 after acquiring an additional 14,195 shares during the last quarter. 79.73% of the stock is currently owned by institutional investors.

Target Company Profile

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.