Target Corporation Company Profile (NYSE:TGT)

About Target Corporation

Target Corporation logoTarget Corporation offers everyday essentials and merchandise to its customers. The Company sells a range of general merchandise and food through its store and digital channels. The Company's general merchandise stores offer an edited food assortment, including perishables, dry grocery, dairy and frozen items. The Company's digital channels include a range of general merchandise, including various items found in its stores, along with a complementary assortment, such as additional sizes and colors sold only online. The Company's brands include Archer Farms, Market Pantry, Threshold, Simply Balanced, Merona, up & up, Boots & Barkley, Room Essentials, Wine Cube, Circo, Smith & Hawken, Xhilaration, Embark, Ava & Viv, Spritz and Sonia Kashuk. The Company's exclusive brands include C9 by Champion, DENIZEN from Levi's, Nate Berkus for Target, Cherokee, Fieldcrest, Oh Joy! for Target, Mossimo, Genuine Kids from OshKosh, Shaun White, Kid Made Modern and Hand Made Modern.

Industry, Sector and Symbol:
  • Sector: Retail/Wholesale
  • Industry: Discount, Variety Stores
  • Sub-Industry: General Merchandise Stores
  • Exchange: NYSE
  • Symbol: TGT
  • CUSIP: 87612E10
Key Metrics:
  • Previous Close: $66.51
  • 50 Day Moving Average: $66.18
  • 200 Day Moving Average: $70.31
  • 52-Week Range: $62.94 - $84.14
  • Trailing P/E Ratio: 11.83
  • Foreward P/E Ratio: 12.46
  • P/E Growth: 2.48
  • Market Cap: $37.36B
  • Outstanding Shares: 561,695,000
  • Beta: 0.63
Profitability:
  • Net Margins: 4.75%
  • Return on Equity: 25.18%
  • Return on Assets: 7.77%
Debt:
  • Debt-to-Equity Ratio: 1.09%
  • Current Ratio: 1.02%
  • Quick Ratio: 0.22%
Additional Links:
Companies Related to Target Corporation:

Analyst Ratings

Consensus Ratings for Target Corporation (NYSE:TGT) (?)
Ratings Breakdown: 4 Sell Ratings, 16 Hold Ratings, 10 Buy Ratings
Consensus Rating:Hold (Score: 2.20)
Consensus Price Target: $73.67 (10.76% upside)

Analysts' Ratings History for Target Corporation (NYSE:TGT)
Show:
DateFirmActionRatingPrice TargetDetails
2/10/2017Susquehanna Bancshares IncInitiated CoverageNeutral$70.00 -> $70.00View Rating Details
2/6/2017Sanford C. BernsteinInitiated CoverageOutperform$77.00View Rating Details
1/20/2017Credit Suisse GroupDowngradeNeutral -> Sell$77.00 -> $67.00View Rating Details
1/19/2017MKM PartnersReiterated RatingNeutral$77.00 -> $70.00View Rating Details
1/19/2017Stifel NicolausInitiated CoverageHold$72.00View Rating Details
1/19/2017BTIG ResearchReiterated RatingBuy$85.00 -> $77.00View Rating Details
1/19/2017Goldman Sachs Group, Inc. (The)DowngradeNeutral -> Sell$77.00 -> $67.00View Rating Details
1/18/2017Buckingham ResearchReiterated RatingBuy$85.00 -> $77.00View Rating Details
1/18/2017Telsey Advisory GroupLower Price TargetOutperform$84.00 -> $78.00View Rating Details
1/18/2017Morgan StanleyReiterated RatingUnderweight$65.00View Rating Details
12/28/2016J P Morgan Chase & CoReiterated RatingNeutral$78.00View Rating Details
12/28/2016GuggenheimReiterated RatingNeutralView Rating Details
12/28/2016Cowen and CompanyReiterated RatingMarket PerformView Rating Details
12/28/2016Citigroup Inc.Reiterated RatingBuy$80.00View Rating Details
12/28/2016Barclays PLCReiterated RatingUnderweight$65.00View Rating Details
12/6/2016Jefferies Group LLCReiterated RatingHold$72.00 -> $75.00View Rating Details
11/17/2016NomuraReiterated RatingHold$75.00View Rating Details
10/8/2016Brean CapitalReiterated RatingBuy$28.00View Rating Details
9/8/2016ArgusReiterated RatingHoldView Rating Details
8/17/2016Piper Jaffray CompaniesReiterated RatingOverweight$86.00View Rating Details
8/17/2016Edward JonesDowngradeBuy -> HoldView Rating Details
8/15/2016Deutsche Bank AGBoost Price TargetHold$78.00 -> $79.00View Rating Details
7/29/2016Miller TabakInitiated CoverageBuy$87.00View Rating Details
7/6/2016BMO Capital MarketsReiterated RatingMarket Perform$76.00View Rating Details
5/16/2016Robert W. BairdReiterated RatingHold$75.00View Rating Details
5/16/2016Sterne Agee CRTReiterated RatingNeutralView Rating Details
5/11/2016Cleveland ResearchDowngradeBuy -> NeutralView Rating Details
4/29/2016Wolfe ResearchDowngradeOutperform -> Market PerformView Rating Details
4/15/2016Bank of America CorpReiterated RatingBuy$95.00View Rating Details
2/26/2016Wells Fargo & CoReiterated RatingOutperformView Rating Details
11/22/2015MacquarieReiterated RatingBuyView Rating Details
6/16/2015S&P Equity ResearchReiterated RatingHold$83.00View Rating Details
(Data available from 2/26/2015 forward)

Earnings

Earnings History for Target Corporation (NYSE:TGT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/28/2017Q416$1.51$20.76 billionN/AView Earnings Details
11/16/2016Q316$0.83$1.04$16.30 billion$16.44 billionViewListenView Earnings Details
8/17/2016Q216$1.12$1.23$16.20 billionViewListenView Earnings Details
5/18/2016Q116$1.19$1.29$16.31 billion$16.20 billionViewListenView Earnings Details
2/24/2016Q415$1.54$1.52$21.75 billion$21.60 billionViewListenView Earnings Details
11/18/2015Q315$0.86$0.86$17.57 billion$17.60 billionViewListenView Earnings Details
8/19/2015Q215$1.11$1.22$17.40 billion$17.40 billionViewListenView Earnings Details
5/20/2015Q115$1.03$1.10$17.09 billion$17.12 billionViewListenView Earnings Details
2/25/2015Q414$1.46$1.50$21.64 billion$21.80 billionViewListenView Earnings Details
11/19/2014Q314$0.47$0.54$17.56 billion$17.73 billionViewListenView Earnings Details
8/20/2014Q214$0.80$0.78$17.38 billion$17.00 billionViewListenView Earnings Details
5/21/2014Q114$0.71$0.70$17.02 billion$17.05 billionViewListenView Earnings Details
2/26/2014Q413$0.80$1.30$21.40 billion$21.52 billionViewListenView Earnings Details
11/21/2013Q313$0.63$0.84$17.38 billion$17.26 billionViewListenView Earnings Details
8/21/2013Q2 2013$0.96$1.19$17.26 billion$17.12 billionViewListenView Earnings Details
5/22/2013Q1 2013$0.87$0.77$16.82 billion$16.60 billionViewListenView Earnings Details
2/27/2013Q4 2012$1.48$1.65$22.66 billion$22.37 billionViewListenView Earnings Details
11/15/2012Q312$0.77$0.90$16.58 billion$16.60 billionViewN/AView Earnings Details
8/15/2012$1.01$1.06ViewN/AView Earnings Details
5/16/2012$1.01$1.04ViewN/AView Earnings Details
2/23/2012$1.40$1.49ViewN/AView Earnings Details
11/16/2011$0.74$0.87ViewN/AView Earnings Details
8/17/2011$0.97$1.03ViewN/AView Earnings Details
5/18/2011$0.94$0.99ViewN/AView Earnings Details
2/24/2011$1.40$1.38ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Target Corporation (NYSE:TGT)
Current Year EPS Consensus Estimate: $5.05 EPS
Next Year EPS Consensus Estimate: $5.34 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$1.50$1.57$1.54
Q2 20164$1.20$1.25$1.23
Q3 20164$1.33$1.38$1.36
Q4 20164$0.94$1.03$0.98
Q1 20174$1.68$1.76$1.71
Q2 20171$1.12$1.12$1.12
Q3 20171$0.87$0.87$0.87
Q4 20171$1.52$1.52$1.52
Q1 20181$1.37$1.37$1.37
Q2 20181$1.34$1.34$1.34
Q3 20181$1.11$1.11$1.11
Q4 20181$1.64$1.64$1.64
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Target Corporation (NYSE:TGT)
Annual Dividend:$2.40
Dividend Yield:3.61%
Dividend Growth:13.70% (3 Year Average)
Payout Ratio:42.93% (Based on Trailing 12 Months of Earnings)
47.52% (Based on Current Year Consensus EPS Estimate)
44.94% (Based on Next Year Consensus EPS Estimate)
Track Record:49 Years of Consecutive Dividend Growth

Dividend History for Target Corporation (NYSE:TGT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/12/2017quarterly$0.603.37%2/13/20172/15/20173/10/2017
9/21/2016quarterly$0.603.5%11/14/201611/16/201612/10/2016
6/8/2016quarterly$0.603.5%8/15/20168/17/20169/10/2016
3/10/2016quarterly$0.562.75%5/16/20165/18/20166/10/2016
1/14/2016quarterly$0.563.2%2/12/20162/17/20163/10/2016
9/11/2015quarterly$0.562.88%11/16/201511/18/201512/10/2015
6/9/2015quarterly$0.562.8%8/17/20158/19/20159/10/2015
3/13/2015quarterly$0.525/18/20155/20/20156/10/2015
1/15/2015quarterly$0.522.75%2/13/20152/18/20153/10/2015
9/10/2014quarterly$0.523.32%11/17/201411/19/201412/10/2014
6/11/2014quarterly$0.523.63%8/18/20148/20/20149/10/2014
3/14/2014quarterly$0.432.9%5/19/20145/21/20146/10/2014
3/13/2014quarterly$0.436/10/20145/21/2014
1/9/2014quarterly$0.432.72%2/14/20142/19/20143/10/2014
9/12/2013quarterly$0.432.68%11/18/201311/20/201312/10/2013
6/12/2013quarterly$0.432.47%8/19/20138/21/20139/10/2013
3/14/2013quarterly$0.362.16%5/13/20135/15/20136/10/2013
1/10/2013quarterly$0.362.4%2/15/20132/20/20133/10/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Target Corporation (NYSE:TGT)
Insider Ownership Percentage: 0.25%
Institutional Ownership Percentage: 88.53%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/2/2016Roxanne S. AustinDirectorSell3,957$77.87$308,131.59View SEC Filing  
11/17/2016Anne M. MulcahyDirectorSell3,957$75.45$298,555.65View SEC Filing  
5/20/2016Catherine R SmithInsiderBuy5,000$67.82$339,100.00View SEC Filing  
5/19/2016Calvin DardenDirectorSell37,105$67.02$2,486,777.10View SEC Filing  
3/16/2016Robert M HarrisonCAOSell822$81.47$66,968.34View SEC Filing  
3/16/2016Timothy R BaerInsiderSell23,782$82.05$1,951,313.10View SEC Filing  
3/15/2016John J MulliganInsiderSell35,529$81.57$2,898,100.53View SEC Filing  
3/4/2016Laysha WardInsiderSell51,082$80.02$4,087,581.64View SEC Filing  
1/13/2016Robert M. HarrisonCAOSell395$72.63$28,688.85View SEC Filing  
1/7/2016Roxanne S. AustinDirectorSell3,706$75.03$278,061.18View SEC Filing  
12/3/2015Anne M. MulcahyDirectorSell3,706$72.53$268,796.18View SEC Filing  
11/20/2015Robert L EdwardsDirectorBuy10,000$71.10$711,000.00View SEC Filing  
9/23/2015Laysha WardInsiderSell5,199$78.50$408,121.50View SEC Filing  
7/17/2015Timothy R BaerInsiderSell49,889$84.86$4,233,580.54View SEC Filing  
4/7/2015Jeffrey J Jones IIInsiderSell12,000$83.39$1,000,680.00View SEC Filing  
3/27/2015Kathryn A TesijaInsiderSell269,091$80.82$21,747,934.62View SEC Filing  
3/26/2015Tina M TylerInsiderSell10,057$80.74$812,002.18View SEC Filing  
3/25/2015Timothy R BaerInsiderSell98,166$81.69$8,019,180.54View SEC Filing  
3/23/2015Jeffrey J Jones IIInsiderSell19,000$81.64$1,551,160.00View SEC Filing  
3/5/2015James A /Dc/ JohnsonDirectorSell13,556$78.07$1,058,316.92View SEC Filing  
12/2/2014Tina M SchielInsiderSell59,668$72.82$4,345,023.76View SEC Filing  
11/21/2014Calvin DardenDirectorSell8,093$71.29$576,949.97View SEC Filing  
11/21/2014Laysha WardInsiderSell6,948$71.34$495,670.32View SEC Filing  
10/2/2014Kathryn A TesijaInsiderSell40,353$62.19$2,509,553.07View SEC Filing  
9/26/2014Timothy R BaerInsiderSell13,086$63.07$825,334.02View SEC Filing  
9/24/2014Laysha WardInsiderSell5,380$63.73$342,867.40View SEC Filing  
9/16/2014Jodee A KozlakInsiderSell60,385$62.43$3,769,835.55View SEC Filing  
8/28/2014Calvin DardenDirectorSell4,042$60.28$243,651.76View SEC Filing  
8/21/2014Tina M SchielInsiderSell10,706$60.48$647,498.88View SEC Filing  
6/2/2014Roxanne S AustinDirectorBuy10,000$56.78$567,800.00View SEC Filing  
11/29/2013Anthony FisherInsiderSell4,415$63.93$282,250.95View SEC Filing  
11/22/2013James /Dc/ JohnsonDirectorSell10,458$63.92$668,475.36View SEC Filing  
9/13/2013Kathryn TesijaInsiderSell206,793$63.75$13,183,053.75View SEC Filing  
6/5/2013Laysha WardInsiderSell2,277$70.34$160,164.18View SEC Filing  
6/4/2013Jodee A KozlakInsiderSell67,455$72.00$4,856,760.00View SEC Filing  
5/31/2013John J MulliganInsiderSell17,093$69.91$1,194,971.63View SEC Filing  
5/30/2013Beth M JacobInsiderSell15,474$70.32$1,088,131.68View SEC Filing  
5/28/2013Timothy R BaerInsiderSell10,832$70.51$763,764.32View SEC Filing  
12/4/2012Terrence J ScullyInsiderSell20,911$61.95$1,295,436.45View SEC Filing  
8/22/2012Jodee A KozlakInsiderSell31,692$64.20$2,034,626.40View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Target Corporation (NYSE:TGT)
DateHeadline
forbes.com logoWalmart Modernizes The Shopping Experience With Scan & Go (NYSE:TGT)
www.forbes.com - February 25 at 7:45 PM
News IconTarget Corporation (TGT) is a real Dividend Rock Star – here is why (NYSE:TGT)
simplywall.st - February 25 at 3:39 AM
sg.finance.yahoo.com logoRecalls this week: Toddler swings, toys, chain saws (NYSE:TGT)
us.rd.yahoo.com - February 25 at 3:39 AM
marketwatch.com logoRetail sector whipsawed higher after report that White House doesn't support GOP's border tax plan (NYSE:TGT)
us.rd.yahoo.com - February 25 at 3:39 AM
us.rd.yahoo.com logoTarget’s Margins Have Improved So Far in 2016: Here’s Why (NYSE:TGT)
us.rd.yahoo.com - February 25 at 3:39 AM
News IconTarget Corporation (NYSE:TGT), FelCor Lodging Trust Incorporated (NYSE:FCH) are Chasing Hot Stocks - Wall Street Times (press release) (NYSE:TGT)
www.wallstreetnews24.com - February 24 at 11:57 AM
nasdaq.com logoInteresting TGT Put And Call Options For May 19th - Nasdaq (NYSE:TGT)
www.nasdaq.com - February 24 at 11:57 AM
finance.yahoo.com logoTarget (TGT) to Post Q4 Earnings: What's in the Cards? - Yahoo Finance (NYSE:TGT)
finance.yahoo.com - February 24 at 11:57 AM
News IconWhat Analysts are Predicting For Union Pacific Corporation (UNP), Target Corporation (TGT)? - The USA Commerce (NYSE:TGT)
theusacommerce.com - February 24 at 11:57 AM
News IconLarge Buying Action and Inflow of Money Witnessed in Target Corporation (TGT) - Energy Index (NYSE:TGT)
www.energyindexwatch.com - February 24 at 11:57 AM
finance.yahoo.com logoStocks off, as gold and bonds surge (NYSE:TGT)
finance.yahoo.com - February 24 at 11:57 AM
us.rd.yahoo.com logoTarget Corporation to Webcast Presentation to Investors on February 28 (NYSE:TGT)
us.rd.yahoo.com - February 23 at 9:42 PM
us.rd.yahoo.com logoTarget (TGT) to Post Q4 Earnings: What's in the Cards? (NYSE:TGT)
us.rd.yahoo.com - February 23 at 9:42 PM
News IconLeading stocks in today’s market: Target Corporation (NYSE:TGT) (NYSE:TGT)
twincountynews.com - February 22 at 8:49 PM
News IconWith New Cash and Cancer Targets, Analyst Sees Almost 200% Upside in Sierra Oncology (NYSE:TGT)
feedproxy.google.com - February 22 at 12:45 PM
seekingalpha.com logoTarget Will Beat Wall Street EPS Consensus (NYSE:TGT)
seekingalpha.com - February 22 at 10:16 AM
investopedia.com logoWhat’s Wrong with Target Date Funds? (NYSE:TGT)
www.investopedia.com - February 22 at 10:16 AM
seekingalpha.com logoTarget: The Bar Is Set Low (NYSE:TGT)
seekingalpha.com - February 21 at 4:45 PM
thestreet.com logoHome Depot Just Had One of the Most Stellar Quarters of Anyone in Retail (NYSE:TGT)
us.rd.yahoo.com - February 21 at 4:45 PM
thestreet.com logoThis Is How Home Depot Keeps Blowing Everyone's Minds (NYSE:TGT)
us.rd.yahoo.com - February 21 at 4:45 PM
usatoday.com logoTarget, Best Buy, Sears: What to buy (and skip) on Presidents Day and where to find it (NYSE:TGT)
rssfeeds.usatoday.com - February 20 at 11:40 AM
News Icon6 Alleged UFOs Flew Past the ISS in Mysterious NASA Video - Complex (NYSE:TGT)
www.complex.com - February 20 at 7:16 AM
News IconWhy Investors remained confident on Campbell Soup Company (CPB), Target Corporation (TGT)? - StockNewsJournal (NYSE:TGT)
stocknewsjournal.com - February 18 at 7:12 PM
investopedia.com logoFlorida Man Plots to Blow Up Target Stores For Profit (TGT) (NYSE:TGT)
www.investopedia.com - February 18 at 9:07 AM
us.rd.yahoo.com logoFlorida man charged with plotting to bomb Target stores (NYSE:TGT)
us.rd.yahoo.com - February 18 at 9:07 AM
us.rd.yahoo.com logoFlorida man charged for planning to blow up Target stores (NYSE:TGT)
us.rd.yahoo.com - February 18 at 9:07 AM
News IconThe Technical Case for and Against Target Corporation (TGT) - The USA Commerce (NYSE:TGT)
www.theusacommerce.com - February 17 at 7:07 PM
News IconFlorida man accused in plot to bomb Target stores - Virginian-Pilot (NYSE:TGT)
pilotonline.com - February 17 at 7:07 PM
sg.finance.yahoo.com logoRecalls this week: Stroller components, patio benches (NYSE:TGT)
sg.finance.yahoo.com - February 17 at 7:07 PM
bizjournals.com logoFeds: Florida man planned to bomb Target stores to get cheap stock (NYSE:TGT)
www.bizjournals.com - February 17 at 7:07 PM
investopedia.com logoFlorida Man Plots to Blow Up Target Stores For Profit (NYSE:TGT)
www.investopedia.com - February 17 at 7:07 PM
News IconCyberattacks From Iran Intensify, Financial Sector Could Be Targeted (NYSE:TGT)
feedproxy.google.com - February 17 at 1:51 PM
forbes.com logoA Florida Man Allegedly Tried To Tank Target's Stock By Plotting Store Bombings (NYSE:TGT)
www.forbes.com - February 17 at 12:21 PM
cnbc.com logoRead this now: Democrats oppose Pruitt|Tillerson attends G-20|Florida man plotted to bomb Target (NYSE:TGT)
www.cnbc.com - February 17 at 11:55 AM
investorplace.com logoMan Arrested for Plotting to Bomb Target Stores to Tank TGT Stock (NYSE:TGT)
investorplace.com - February 17 at 11:55 AM
seekingalpha.com logoTarget of explosive stock manipulation (NYSE:TGT)
seekingalpha.com - February 17 at 4:58 AM
News IconShares in Target Corporation (TGT) Acquired by Sawtooth Solutions LLC (NYSE:TGT)
ekosvoice.com - February 16 at 8:01 PM
News IconShares in Target Corporation (TGT) Acquired by Sawtooth Solutions LLC (NYSE:TGT)
ekosvoice.com - February 16 at 8:01 PM
News IconTarget Corporation (NYSE:TGT): Up to Date Analyst Ratings (NYSE:TGT)
giftedviz.com - February 16 at 8:01 PM
News IconTarget Corporation (NYSE:TGT): Up to Date Analyst Ratings (NYSE:TGT)
giftedviz.com - February 16 at 8:01 PM
News IconTarget Corporation (TGT) Dividend Stock Analysis (NYSE:TGT)
www.dividend-growth-stocks.com - February 16 at 8:01 PM
News IconTarget Corporation (TGT) Dividend Stock Analysis (NYSE:TGT)
www.dividend-growth-stocks.com - February 16 at 8:01 PM
sg.finance.yahoo.com logoTrump tells retail CEOs people will 'love' his tax plan (NYSE:TGT)
us.rd.yahoo.com - February 16 at 8:01 PM
sg.finance.yahoo.com logoTrump tells retail CEOs people will 'love' his tax plan (NYSE:TGT)
us.rd.yahoo.com - February 16 at 8:01 PM
us.rd.yahoo.com logoThe Latest: Senators ask attorney general, FBI for briefing (NYSE:TGT)
us.rd.yahoo.com - February 16 at 8:01 PM
us.rd.yahoo.com logoThe Latest: Senators ask attorney general, FBI for briefing (NYSE:TGT)
us.rd.yahoo.com - February 16 at 8:01 PM
thestreet.com logoCramer: A Border Tax Would Hurt President Trump's Voters (NYSE:TGT)
us.rd.yahoo.com - February 16 at 8:01 PM
thestreet.com logoWall Street Scores New Records for Fifth Straight Day, Longest Streak in 25 Years (NYSE:TGT)
us.rd.yahoo.com - February 16 at 8:01 PM
us.rd.yahoo.com logoAre Options Traders Betting on a Big Move in Target (TGT) Stock? (NYSE:TGT)
us.rd.yahoo.com - February 16 at 8:01 PM
us.rd.yahoo.com logoTarget Brands Unit Cannot Entirely Avoid Colorado Income Tax (NYSE:TGT)
us.rd.yahoo.com - February 16 at 8:01 PM

Social

What is Target Corporation's stock symbol?

Target Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "TGT."

How often does Target Corporation pay dividends? What is the dividend yield for Target Corporation?

Target Corporation declared a quarterly dividend on Thursday, January 12th. Stockholders of record on Wednesday, February 15th will be given a dividend of $0.60 per share on Friday, March 10th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.61%. The ex-dividend date of this dividend is Monday, February 13th.

Where is Target Corporation's stock going? Where will Target Corporation's stock price be in 2017?

30 brokerages have issued 1 year price targets for Target Corporation's stock. Their forecasts range from $28.00 to $95.00. On average, they anticipate Target Corporation's stock price to reach $73.67 in the next year.

When will Target Corporation announce their earnings?

Target Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, February, 28th 2017.

What are analysts saying about Target Corporation stock?

Here are some recent quotes from research analysts about Target Corporation stock:

  • According to Zacks Investment Research, "Target reported lackluster performance this holiday season, wherein both the comps and sales fell 1.3% and 4.9%, respectively. The dismal results compelled management to trim fourth quarter and fiscal 2016 view. As a result, the company has witnessed a downtrend in estimates and also underperformed the industry over the past three months. Management stated that the divestment of pharmacy and clinic businesses, sluggish traffic and soft trends witnessed in the beginning of the season hurt the results. This was somewhat compensated by solid Black Friday sales, sturdy digital sales recorded in December and strength across Target’s signature categories. Target now projects comps to decline in the band of 1–1.5% in the final quarter. Nevertheless, we believe that the initiatives such as the development of omni-channel capacities, diversification and localization of assortments along with emphasis on flexible format stores, bode well." (2/20/2017)

  • Stifel Nicolaus analysts commented, "We are resuming coverage of Target Corporation with a Hold rating and a $72 target price, 6.5x F2018E EBITDA. Our target price is a 22% discount to the 10-year average NTM P/E relative to the S&P 500 Consumer Staples Index, which we believe appropriate given heightened risks. Target's negative preannouncement on January 18th raises our concern that the company may not be able to achieve its 3%+ long-term comp growth target. Additionally, although Target's signature categories are growing ahead of total comp and e-commerce is a bright spot, the remaining two-thirds of the business is underperforming, and we see few near-term catalysts to meaningfully improve topline trends. We believe the company will likely need to raise investment levels to improve comp growth, negatively impacting earnings. That said, current valuation provides downside protection, in our view." (1/19/2017)
  • Buckingham Research analysts commented, "We are maintaining our BUY rating on shares of Target Corp. but cutting our PT to $77 from $85. Our investment case for TGT revolved around the company's ability to offset pressure from e-commerce encroachment, a promotional environment, and choppy consumer spending and still generate improving ROIC and ROE trends from strong capital allocation discipline. Unfortunately, this has not come to pass as weakness at retail offset benefits from new product introductions and TGT's own strong growth in e-commerce. We are taking a much more conservative view on future results and now believe it's reasonable to start with the assumption that TGT may never generate a positive annual comp again, or at least not before the e-commerce channel matures. In this admittedly dire scenario, we still see value in TGT shares, notably the company's ownership of nearly all its real estate (we estimate this is worth more than the equity value) and robust FCF (averaging ~$5.50/share going forward) which the company returns to investors via dividends or share repurchase. We are keeping the BUY but now acknowledge the stock may be more of a trading vehicle than LT hold, which is a much less compelling investment case." (1/18/2017)

Who owns Target Corporation stock?

Target Corporation's stock is owned by many different of retail and institutional investors. Top institutional shareholders include State Street Corp (9.11%), Franklin Resources Inc. (2.91%), FMR LLC (2.58%), Barrow Hanley Mewhinney & Strauss LLC (1.61%), Thornburg Investment Management Inc. (0.46%) and Dimensional Fund Advisors LP (0.34%). Company insiders that own Target Corporation stock include Anne M Mulcahy, Calvin Darden, Catherine R Smith, James A /Dc/ Johnson, Jeffrey J Jones II, John J Mulligan, Kathryn A Tesija, Laysha Ward, Robert L Edwards, Robert M Harrison, Roxanne S Austin, Timothy R Baer and Tina M Tyler.

Who sold Target Corporation stock? Who is selling Target Corporation stock?

Target Corporation's stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., FMR LLC, Thornburg Investment Management Inc., Renaissance Group LLC, Barrow Hanley Mewhinney & Strauss LLC, Janus Capital Management LLC, NWQ Investment Management Company LLC and AQR Capital Management LLC. Company insiders that have sold Target Corporation stock in the last year include Anne M Mulcahy, Calvin Darden, John J Mulligan, Laysha Ward, Robert M Harrison, Roxanne S Austin and Timothy R Baer.

Who bought Target Corporation stock? Who is buying Target Corporation stock?

Target Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Equity Investment Corp Acquisition Inc, Russell Investments Group Ltd., Asset Management One Co. Ltd., Nicholas Co. Inc. WI, Alyeska Investment Group L.P., O Shaughnessy Asset Management LLC and Tyvor Capital LLC. Company insiders that have bought Target Corporation stock in the last two years include Catherine R Smith and Robert L Edwards.

How do I buy Target Corporation stock?

Shares of Target Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Target Corporation stock cost?

One share of Target Corporation stock can currently be purchased for approximately $66.51.

Target Corporation (NYSE:TGT) Chart for Sunday, February, 26, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Target Corporation (NYSE:TGT)

Earnings History Chart

Earnings by Quarter for Target Corporation (NYSE:TGT)

Dividend History Chart

Dividend Payments by Quarter for Target Corporation (NYSE:TGT)

Last Updated on 2/26/2017 by MarketBeat.com Staff