What is Northland Securities' Forecast for TH Q3 Earnings?

Key Points

• Northland Securities lowered its Q3 2026 EPS forecast for Target Hospitality to a loss of $0.04 per share from a projected loss of $0.02. The firm estimates a full-year 2026 loss of $0.17 per share.
• Target Hospitality’s latest quarterly results beat expectations, reporting a $0.09-per-share loss versus the $0.11 consensus estimate, while revenue of $85.45 million exceeded the $79.30 million forecast.
• Analyst sentiment remains moderately positive, with an average price target of $21.25 versus shares recently trading at $16.14, despite the stock’s 2.9% decline and the company’s negative margins.

Target Hospitality Corp. (NASDAQ:TH - Free Report) - Stock analysts at Northland Securities dropped their Q3 2026 earnings per share estimates for shares of Target Hospitality in a research report issued to clients and investors on Tuesday, August 11th. Northland Securities analyst G. Gibas now anticipates that the company will earn ($0.04) per share for the quarter, down from their prior estimate of ($0.02). The consensus estimate for Target Hospitality's current full-year earnings is ($0.19) per share. Northland Securities also issued estimates for Target Hospitality's FY2026 earnings at ($0.17) EPS.

Target Hospitality (NASDAQ:TH - Get Free Report) last released its quarterly earnings data on Monday, August 10th. The company reported ($0.09) EPS for the quarter, beating the consensus estimate of ($0.11) by $0.02. Target Hospitality had a negative net margin of 10.85% and a negative return on equity of 9.68%. The business had revenue of $85.45 million during the quarter, compared to analyst estimates of $79.30 million.

A number of other equities analysts have also recently commented on the company. Deutsche Bank Aktiengesellschaft initiated coverage on Target Hospitality in a report on Monday, June 1st. They issued a "hold" rating and a $22.00 target price for the company. Oppenheimer boosted their price objective on shares of Target Hospitality from $21.00 to $24.00 and gave the company an "outperform" rating in a research report on Tuesday, July 14th. Finally, Weiss Ratings downgraded shares of Target Hospitality from a "sell (d+)" rating to a "sell (d)" rating in a report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, Target Hospitality has an average rating of "Moderate Buy" and an average target price of $21.25.

Target Hospitality Stock Down 2.9%

Shares of NASDAQ:TH opened at $16.14 on Thursday. The company has a market cap of $1.62 billion, a price-to-earnings ratio of -42.47 and a beta of 1.49. Target Hospitality has a 12 month low of $5.97 and a 12 month high of $20.85. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.08. The company has a 50-day moving average price of $17.53 and a 200 day moving average price of $13.78.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Quantbot Technologies LP purchased a new stake in shares of Target Hospitality in the 2nd quarter worth $27,000. Deutsche Bank AG increased its stake in shares of Target Hospitality by 4.8% during the fourth quarter. Deutsche Bank AG now owns 33,634 shares of the company's stock valued at $269,000 after buying an additional 1,526 shares during the period. AdvisorShares Investments LLC increased its stake in shares of Target Hospitality by 17.9% during the fourth quarter. AdvisorShares Investments LLC now owns 11,820 shares of the company's stock valued at $95,000 after buying an additional 1,798 shares during the period. IFP Advisors Inc raised its holdings in shares of Target Hospitality by 88.0% in the third quarter. IFP Advisors Inc now owns 4,002 shares of the company's stock valued at $35,000 after acquiring an additional 1,873 shares in the last quarter. Finally, Russell Investments Group Ltd. raised its holdings in shares of Target Hospitality by 121.5% in the third quarter. Russell Investments Group Ltd. now owns 4,494 shares of the company's stock valued at $38,000 after acquiring an additional 2,465 shares in the last quarter. Institutional investors own 32.40% of the company's stock.

Target Hospitality Company Profile

Target Hospitality is a lodging solutions provider specializing in the ownership and operation of modular workforce housing communities across North America. The company serves large-scale clients in the energy, mining, construction and government sectors that require temporary or long-term accommodations for remote workforces. Its housing portfolio includes suite-style units, single-family cabins and “man-camp” dormitories, designed to match project size, duration and workforce composition.

In addition to lodging, Target Hospitality delivers integrated support services such as on-site dining and culinary management, housekeeping, maintenance, facility management and logistics planning.

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