NYSE:TGTTarget Stock Price, Forecast & News

Target's stock was trading at $105.58 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, TGT stock has increased by 26.6% and is now trading at $133.65.
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27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Target in the last year. There are currently 1 sell rating, 6 hold ratings, 17 buy ratings and 3 strong buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Target is scheduled to release its next quarterly earnings announcement on Wednesday, August 19th 2020.
View our earnings forecast for Target.

Target Co. (NYSE:TGT) issued its quarterly earnings data on Wednesday, May, 20th. The retailer reported $0.59 EPS for the quarter, topping the consensus estimate of $0.40 by $0.19. The retailer had revenue of $19.37 billion for the quarter, compared to the consensus estimate of $19.04 billion. Target had a net margin of 3.46% and a return on equity of 24.17%. Target's revenue was up 11.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.53 earnings per share.
View Target's earnings history.

Target announced a quarterly dividend on Thursday, June 11th. Shareholders of record on Wednesday, August 19th will be given a dividend of $0.68 per share on Thursday, September 10th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 2.04%. The ex-dividend date is Tuesday, August 18th. This is an increase from Target's previous quarterly dividend of $0.66.
View Target's dividend history.

Target declared that its Board of Directors has initiated a stock repurchase program on Thursday, September 19th 2019, which authorizes the company to repurchase $5,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 9.1% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's management believes its stock is undervalued.

27 analysts have issued twelve-month target prices for Target's stock. Their forecasts range from $105.00 to $152.00. On average, they expect Target's stock price to reach $129.63 in the next twelve months. This suggests that the stock has a possible downside of 3.0%.
View analysts' price targets for Target.

Press coverage about TGT stock has been trending negative on Wednesday, according to InfoTrie Sentiment. The research firm rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Target earned a coverage optimism score of -2.2 on InfoTrie's scale. They also gave press coverage about the retailer a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days.
View the latest news about Target.

Target saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 15,390,000 shares, an increase of 20.6% from the December 31st total of 12,760,000 shares. Based on an average daily trading volume, of 5,410,000 shares, the short-interest ratio is presently 2.8 days. Approximately 3.1% of the shares of the company are sold short.
View Target's Short Interest.

Some companies that are related to Target include Dollar General (DG), Dollar Tree (DLTR), Big Lots (BIG), Tuesday Morning (TUES) and Fred's (FREDQ).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Target investors own include NVIDIA (NVDA), AT&T (T), Walmart (WMT), Walt Disney (DIS), Johnson & Johnson (JNJ), Alibaba Group (BABA), Cisco Systems (CSCO), Verizon Communications (VZ), Home Depot (HD) and AbbVie (ABBV).

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

Target's stock is owned by a variety of retail and institutional investors. Top institutional investors include LSV Asset Management (1.09%), Sumitomo Mitsui Trust Holdings Inc. (0.47%), Swiss National Bank (0.40%), Raymond James & Associates (0.38%), Robeco Institutional Asset Management B.V. (0.36%) and US Bancorp DE (0.35%). Company insiders that own Target stock include Brian C Cornell, 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 institutional ownership trends for Target.

TGT stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., LSV Asset Management, Robeco Institutional Asset Management B.V., Banco Santander S.A., Hexavest Inc., Smith Asset Management Group LP, ProShare Advisors LLC, and Hamlin Capital Management LLC. Company insiders that have sold Target company stock in the last year include Brian C Cornell, Cathy R Smith, Don H Liu, Laysha Ward, Mark J Tritton, Michael Edward Mcnamara, Robert M Harrison, Roxanne S Austin, and Stephanie A Lundquist.
View insider buying and selling activity for Target.

TGT stock was bought by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Unigestion Holding SA, Prudential PLC, Raymond James & Associates, NorthRock Partners LLC, PGGM Investments, Assenagon Asset Management S.A., and Royal London Asset Management Ltd..
View insider buying and selling activity for 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.

One share of TGT stock can currently be purchased for approximately $133.65.

Target has a market capitalization of $66.83 billion and generates $78.11 billion in revenue each year. The retailer earns $3.28 billion in net income (profit) each year or $6.39 on an earnings per share basis. Target employs 368,000 workers across the globe.

The official website for Target is www.target.com.

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]