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Target Stock Price, News & Analysis (NYSE:TGT)

$112.19
+0.30 (+0.27 %)
(As of 10/17/2019 06:00 AM ET)
Today's Range
$111.18
Now: $112.19
$112.21
50-Day Range
$104.84
MA: $108.17
$112.51
52-Week Range
$60.15
Now: $112.19
$112.94
Volume2.34 million shs
Average Volume5.19 million shs
Market Capitalization$57.32 billion
P/E Ratio20.81
Dividend Yield2.36%
Beta0.54
Target Corporation operates as a general merchandise retailer in the United States. The company offers beauty and household essentials; food assortments, including perishables, dry grocery, dairy, and frozen items; and apparel, accessories, home décor products, electronics, toys, seasonal offerings, and other merchandise. The company also provides in-store amenities, such as Target Café, Target Optical, Starbucks, and other food service offerings. Read More…

Industry, Sector and Symbol

Industry Variety stores
Sub-IndustryGeneral Merchandise Stores
SectorRetail/Wholesale
CUSIP87612E10
Phone612-304-6073

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$75.36 billion
Cash Flow$10.28 per share
Book Value$21.65 per share

Profitability

Net Income$2.94 billion

Miscellaneous

Employees360,000
Market Cap$57.32 billion
Next Earnings Date11/19/2019 (Estimated)
OptionableOptionable

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Target (NYSE:TGT) Frequently Asked Questions

What is Target's stock symbol?

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

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

Target declared a quarterly dividend on Thursday, September 19th. Shareholders of record on Wednesday, November 20th will be given a dividend of $0.66 per share on Tuesday, December 10th. This represents a $2.64 annualized dividend and a yield of 2.35%. The ex-dividend date of this dividend is Tuesday, November 19th. View Target's Dividend History.

How will Target's stock buyback program work?

Target declared that its board has approved a share repurchase plan on Thursday, September 19th 2019, which authorizes the company to repurchase $5,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 9.1% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's board of directors believes its stock is undervalued.

How were Target's earnings last quarter?

Target Co. (NYSE:TGT) announced its quarterly earnings results on Wednesday, August, 21st. The retailer reported $1.82 EPS for the quarter, beating the consensus estimate of $1.61 by $0.21. The retailer had revenue of $18.42 billion for the quarter, compared to analysts' expectations of $18.32 billion. Target had a net margin of 4.10% and a return on equity of 27.43%. Target's revenue for the quarter was up 3.6% compared to the same quarter last year. During the same period in the previous year, the business posted $1.47 EPS. View Target's Earnings History.

When is Target's next earnings date?

Target is scheduled to release their next quarterly earnings announcement on Tuesday, November 19th 2019. View Earnings Estimates for Target.

What guidance has Target issued on next quarter's earnings?

Target updated its FY20 earnings guidance on Wednesday, August, 21st. The company provided EPS guidance of $5.90-6.20 for the period, compared to the Thomson Reuters consensus estimate of $5.94.

What price target have analysts set for TGT?

22 brokers have issued twelve-month target prices for Target's stock. Their forecasts range from $62.30 to $131.00. On average, they expect Target's share price to reach $106.87 in the next year. This suggests that the stock has a possible downside of 4.7%. View Analyst Price Targets for Target.

What is the consensus analysts' recommendation for Target?

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Target in the last year. There are currently 5 hold ratings, 16 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Target.

Has Target been receiving favorable news coverage?

Media stories about TGT stock have been trending very negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Target earned a daily sentiment score of -3.2 on InfoTrie's scale. They also assigned media coverage about the retailer a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Target.

Are investors shorting Target?

Target saw a decline in short interest during the month of September. As of September 30th, there was short interest totalling 14,260,000 shares, a decline of 28.0% from the August 30th total of 19,810,000 shares. Based on an average daily volume of 5,560,000 shares, the short-interest ratio is presently 2.6 days. Approximately 2.8% of the shares of the company are sold short. View Target's Current Options Chain.

Who are some of Target's key competitors?

What other stocks do shareholders of Target own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Target investors own include Walmart (WMT), AT&T (T), NVIDIA (NVDA), Verizon Communications (VZ), Intel (INTC), Johnson & Johnson (JNJ), Netflix (NFLX), Alibaba Group (BABA), Walt Disney (DIS) and Cisco Systems (CSCO).

Who are Target's key executives?

Target's management team includes the folowing people:
  • Mr. Brian C. Cornell, Chairman & CEO (Age 60)
  • Ms. Catherine R. Smith, Exec. VP & CFO (Age 55)
  • Mr. John J. Mulligan, Exec. VP & COO (Age 53)
  • Mr. Michael Edward McNamara, Exec. VP & Chief Information Officer (Age 54)
  • Ms. Janna Adair Potts, Exec. VP & Chief Stores Officer (Age 51)

Who are Target's major shareholders?

Target's stock is owned by many different of retail and institutional investors. Top institutional investors include Hamlin Capital Management LLC (0.18%), Park National Corp OH (0.07%), Gateway Investment Advisers LLC (0.05%), Assenagon Asset Management S.A. (0.04%), State of Alaska Department of Revenue (0.04%) and Randolph Co Inc (0.04%). Company insiders that own Target stock include Cathy R Smith, Don H Liu, Janna A Potts, John J Mulligan, Laysha Ward, Mark J Tritton, Michael Edward Mcnamara, Robert M Harrison, Roxanne S Austin and Stephanie A Lundquist. View Institutional Ownership Trends for Target.

Which institutional investors are selling Target stock?

TGT stock was sold by a variety of institutional investors in the last quarter, including Hamlin Capital Management LLC, Gateway Investment Advisers LLC, Exane Derivatives, CX Institutional, Viking Fund Management LLC, Gradient Investments LLC, Park National Corp OH and City Holding Co.. Company insiders that have sold Target company stock in the last year include Cathy R Smith, Don H Liu, Janna A Potts, Laysha Ward, Mark J Tritton, Michael Edward Mcnamara, Robert M Harrison, Roxanne S Austin and Stephanie A Lundquist. View Insider Buying and Selling for Target.

Which institutional investors are buying Target stock?

TGT stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Atalanta Sosnoff Capital LLC, State of Alaska Department of Revenue, CMH Wealth Management LLC, Legacy Private Trust Co., Campbell & CO Investment Adviser LLC, Cypress Capital Group and Legacy Bridge LLC. View Insider Buying and Selling for Target.

How do I buy shares of Target?

Shares of TGT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Target's stock price today?

One share of TGT stock can currently be purchased for approximately $112.19.

How big of a company is Target?

Target has a market capitalization of $57.32 billion and generates $75.36 billion in revenue each year. The retailer earns $2.94 billion in net income (profit) each year or $5.39 on an earnings per share basis. Target employs 360,000 workers across the globe.View Additional Information About Target.

What is Target's official website?

The official website for Target is http://www.target.com/.

How can I contact Target?

Target's mailing address is 1000 NICOLLET MALL, MINNEAPOLIS MN, 55403. The retailer can be reached via phone at 612-304-6073 or via email at [email protected]


MarketBeat Community Rating for Target (NYSE TGT)

Community Ranking:  4.2 out of 5 (star star star star)
Outperform Votes:  7,094 (Vote Outperform)
Underperform Votes:  1,279 (Vote Underperform)
Total Votes:  8,373
MarketBeat's community ratings are surveys of what our community members think about Target and other stocks. Vote "Outperform" if you believe TGT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TGT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/17/2019 by MarketBeat.com Staff

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