Target (TGT) to Release Quarterly Earnings on Wednesday

Key Points

• Target is expected to report Q2 2026 results before the market opens on August 19. Analysts forecast earnings of $2.31 per share on $26.10 billion in revenue, while full-year EPS guidance is $7.50–$8.50.
• The retailer’s latest quarter exceeded expectations, with EPS of $1.71 versus the $1.47 consensus and revenue rising 6.7% year over year to $25.44 billion.
• Target raised its quarterly dividend to $1.16 per share, equal to a 3.0% yield and a 60.24% payout ratio. Analysts maintain a consensus “Hold” rating, with an average price target of $138.74.

Target (NYSE:TGT - Get Free Report) will likely be posting its Q2 2026 results before the market opens on Wednesday, August 19th. Analysts expect the company to post earnings of $2.31 per share and revenue of $26.1018 billion for the quarter. Target has set its FY 2026 guidance at 7.500-8.500 EPS. Investors may visit the the company's upcoming Q2 2026 earning results page for the latest details on the call scheduled for Wednesday, August 19, 2026 at 8:00 AM ET.

Target (NYSE:TGT - Get Free Report) last posted its quarterly earnings data on Wednesday, May 20th. The retailer reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.47 by $0.24. Target had a net margin of 3.24% and a return on equity of 22.92%. The company had revenue of $25.44 billion during the quarter, compared to analyst estimates of $24.66 billion. During the same quarter last year, the firm posted $1.30 EPS. The business's revenue for the quarter was up 6.7% on a year-over-year basis. On average, analysts expect Target to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Target Stock Up 0.3%

NYSE TGT opened at $152.41 on Wednesday. Target has a 12 month low of $83.44 and a 12 month high of $154.89. The company has a market capitalization of $69.22 billion, a P/E ratio of 20.13, a PEG ratio of 2.98 and a beta of 0.97. The company's 50 day simple moving average is $136.16 and its 200 day simple moving average is $125.27. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.93 and a quick ratio of 0.30.

Target Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Wednesday, August 12th will be issued a $1.16 dividend. This is an increase from Target's previous quarterly dividend of $1.14. This represents a $4.64 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Wednesday, August 12th. Target's dividend payout ratio is currently 60.24%.

Insiders Place Their Bets

In other Target news, insider Cara A. Sylvester sold 10,000 shares of the stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $125.89, for a total value of $1,258,900.00. Following the completion of the sale, the insider owned 45,930 shares in the company, valued at $5,782,127.70. This represents a 17.88% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.13% of the company's stock.

Institutional Trading of Target

A number of institutional investors have recently bought and sold shares of TGT. Virtu Financial LLC bought a new stake in shares of Target in the 4th quarter valued at approximately $515,000. Mcguire Capital Advisors Inc. bought a new position in Target during the fourth quarter valued at approximately $67,000. Compound Planning Inc. raised its position in Target by 38.4% during the fourth quarter. Compound Planning Inc. now owns 3,872 shares of the retailer's stock valued at $379,000 after acquiring an additional 1,074 shares in the last quarter. TMB Capital Partners LLC acquired a new stake in Target in the fourth quarter valued at approximately $300,000. Finally, Invesco Ltd. lifted its stake in Target by 21.1% in the fourth quarter. Invesco Ltd. now owns 4,734,609 shares of the retailer's stock valued at $462,808,000 after acquiring an additional 824,446 shares during the last quarter. Institutional investors and hedge funds own 79.73% of the company's stock.

Analysts Set New Price Targets

TGT has been the subject of a number of recent research reports. Citigroup increased their price objective on Target from $133.00 to $148.00 and gave the company a "neutral" rating in a research report on Monday, August 3rd. Wells Fargo & Company boosted their target price on Target from $140.00 to $165.00 and gave the stock an "overweight" rating in a research report on Thursday, July 30th. Argus set a $150.00 price target on Target in a research report on Friday, May 22nd. Freedom Capital lowered shares of Target from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 20th. Finally, Guggenheim raised their target price on shares of Target from $145.00 to $150.00 and gave the stock a "buy" rating in a report on Monday, July 20th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, seventeen have issued a Hold rating and three have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $138.74.

About Target

Target Corporation NYSE: TGT is a U.S.-based general merchandise retailer headquartered in Minneapolis, Minnesota. The company operates a network of full-line and small-format stores across the United States alongside a national e-commerce platform and mobile app. Target’s retail assortment spans apparel, home goods, electronics, groceries and household essentials, plus beauty, baby and pet categories. The firm complements national brands with a portfolio of owned and exclusive labels and partnerships that help differentiate its merchandise assortment.

Target traces its roots to the Dayton Company, founded by George Dayton in 1902; the Target discount chain was launched in 1962 and the parent company later adopted the Target Corporation name.

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