Target (TGT) Set to Post Quarterly Earnings on Wednesday

Key Points

• Target reports Q3 2026 results before Wednesday’s market open, November 18. Analysts forecast earnings of $2.06 per share on revenue of $26.44 billion; the company’s FY 2026 EPS guidance is $9.90–$10.90.
• In its prior quarter, Target posted EPS of $4.11, beating the $2.35 consensus, while revenue rose 5.3% year over year to $26.54 billion.
• Analysts’ consensus rating is Hold, with an average price target of $161.70. Target also declared a quarterly dividend of $1.16 per share, equivalent to a 2.9% yield at the article’s cited stock price.

Target (NYSE:TGT - Get Free Report) is anticipated to issue its Q3 2026 results before the market opens on Wednesday, November 18th. Analysts expect Target to announce earnings of $2.06 per share and revenue of $26.44 billion for the quarter. Target has set its FY 2026 guidance at 9.900-10.900 EPS. Investors may visit the company's upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Wednesday, November 18, 2026 at 8:00 AM ET.

Target (NYSE:TGT - Get Free Report) last issued its quarterly earnings data on Wednesday, August 19th. The retailer reported $4.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.35 by $1.76. The company had revenue of $26.54 billion during the quarter, compared to the consensus estimate of $26.13 billion. Target had a return on equity of 23.23% and a net margin of 4.08%. The firm's revenue was up 5.3% compared to the same quarter last year. During the same period last year, the company earned $2.05 earnings per share. On average, analysts expect Target to post $8.91 EPS for the current fiscal year and $9.48 EPS for the next fiscal year.

Target Price Performance

Target stock opened at $161.82 on Wednesday. The stock's 50 day moving average is $156.48 and its 200 day moving average is $135.60. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.99 and a quick ratio of 0.36. The firm has a market cap of $73.51 billion, a P/E ratio of 16.80, a P/E/G ratio of 3.07 and a beta of 0.94. Target has a one year low of $83.44 and a one year high of $170.75.

Target Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Wednesday, November 11th will be issued a dividend of $1.16 per share. The ex-dividend date is Tuesday, November 10th. This represents a $4.64 annualized dividend and a yield of 2.9%. Target's dividend payout ratio (DPR) is presently 48.18%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on TGT shares. Guggenheim boosted their price target on shares of Target from $150.00 to $175.00 and gave the stock a "buy" rating in a research report on Thursday, August 20th. Wells Fargo & Company increased their price objective on shares of Target from $165.00 to $185.00 and gave the stock an "overweight" rating in a research report on Thursday, August 20th. KeyCorp reissued a "sector weight" rating on shares of Target in a research note on Thursday, August 20th. Wall Street Zen raised shares of Target from a "buy" rating to a "strong-buy" rating in a research note on Saturday, September 5th. Finally, Wolfe Research set a $169.00 target price on shares of Target in a report on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned 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, the company has a consensus rating of "Hold" and an average target price of $161.70.

Insider Activity at Target

In related news, CAO Matthew A. Liegel sold 926 shares of the firm's stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $163.51, for a total value of $151,410.26. Following the transaction, the chief accounting officer owned 12,266 shares of the company's stock, valued at approximately $2,005,613.66. This trade represents a 7.02% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Melissa K. Kremer sold 15,500 shares of the firm's stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $169.96, for a total transaction of $2,634,380.00. Following the completion of the transaction, the insider directly owned 56,981 shares in the company, valued at approximately $9,684,490.76. The trade was a 21.38% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.13% of the company's stock.

Target Company Profile

Target Corporation is a U.S. general merchandise retailer that sells products through its stores and digital channels. Its assortment includes apparel and accessories, beauty products, home goods, groceries, electronics, toys, and household essentials, along with merchandise from national brands and Target-owned brands. The company also offers services such as in-store and curbside order pickup and same-day delivery in eligible areas. Target serves customers across the United States. The company traces its history to the Dayton Dry Goods Company, founded in Minneapolis in 1902.

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