NYSE:TGT - Target Stock Price, News, & Analysis

$86.21
+0.05 (+0.06 %)
(As of 06/20/2019 04:00 PM ET)
Today's Range
$85.48
Now: $86.21
$86.69
50-Day Range
$70.79
MA: $79.82
$88.42
52-Week Range
$60.15
Now: $86.21
$90.39
Volume3.80 million shs
Average Volume5.20 million shs
Market Capitalization$44.17 billion
P/E Ratio15.99
Dividend Yield2.97%
Beta0.57
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$10.2266 per share
Book Value$21.70 per share

Profitability

Net Income$2.94 billion

Miscellaneous

Employees360,000
Market Cap$44.17 billion
Next Earnings Date8/28/2019 (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 announced a quarterly dividend on Thursday, June 13th. Shareholders of record on Wednesday, August 21st will be given a dividend of $0.66 per share on Tuesday, September 10th. This represents a $2.64 dividend on an annualized basis and a yield of 3.06%. The ex-dividend date is Tuesday, August 20th. This is an increase from Target's previous quarterly dividend of $0.64. View Target's Dividend History.

How were Target's earnings last quarter?

Target Co. (NYSE:TGT) announced its quarterly earnings data on Wednesday, May, 22nd. The retailer reported $1.53 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.43 by $0.10. The retailer earned $17.63 billion during the quarter, compared to the consensus estimate of $17.49 billion. Target had a net margin of 3.96% and a return on equity of 26.48%. The company's revenue was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.32 EPS. View Target's Earnings History.

When is Target's next earnings date?

Target is scheduled to release their next quarterly earnings announcement on Wednesday, August 28th 2019. View Earnings Estimates for Target.

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

Target updated its FY20 earnings guidance on Wednesday, June, 19th. The company provided earnings per share (EPS) guidance of $5.75-6.05 for the period, compared to the Thomson Reuters consensus estimate of $5.93.

What price target have analysts set for TGT?

24 brokers have issued 12 month price objectives for Target's shares. Their forecasts range from $62.30 to $110.00. On average, they anticipate Target's stock price to reach $89.4929 in the next twelve months. This suggests a possible upside of 3.8% from the stock's current price. View Analyst Price Targets for Target.

What is the consensus analysts' recommendation for Target?

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Target in the last year. There are currently 11 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Target.

What are Wall Street analysts saying about Target stock?

Here are some recent quotes from research analysts about Target stock:
  • 1. According to Zacks Investment Research, "Shares of Target have risen and outpaced the industry in the past three months. Certainly, the company is trying to adapt fast with the changing retail ecosystem. The company is deploying resources to enhance omni-channel capacities, come up with new brands, remodel stores and expand same-day delivery options. All these bode well for the stock that showed decent performance in fourth-quarter fiscal 2018. Both the top and bottom lines continued to improve year over year. The quarter also witnessed healthy traffic growth and registered impressive comparable digital channel sales. Target also provided upbeat view with fiscal 2019 earnings likely to be up from the prior year. Management now anticipates comps growth of low-to-mid-single digit during the both first quarter and fiscal year. Looking ahead, analysts anticipate that incremental investments, higher wages and rise in costs due to new fulfillment options may hurt margins." (3/8/2019)
  • 2. Guggenheim analysts commented, "We remain NEUTRAL. Sales increased 7.0% to $17.55bn (vs. our $16.96bn est), on a stronger-than-expected 6.5% comp increase (vs. our +3.0%). The comp was led by a 6.4% increase in traffic, the strongest performance since Target began reporting the metric in 2008, and follows 4% growth in 1Q. Gains have been led by improvements in ‘frequency’ categories, particularly essentials (food/beverage accelerated for a 6th straight quarter), in addition to e-comm. Digital sales rose 41%, aided by a successful one-day sale event in July, and contributed 1.5% of the comp increase. Impressively, stores were responsible for the large majority of comp growth (4.9%). In 1H18, comps rose 4.8%; with trends remaining strong through the back-to-school period, we raise our forecast for to 2H to nearly 4% comps (from +LSD%)." (8/22/2018)

Has Target been receiving favorable news coverage?

Headlines about TGT stock have trended somewhat negative this week, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by analyzing 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 media sentiment score of -1.0 on InfoTrie's scale. They also assigned media coverage about the retailer a news buzz of 9.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for Target.

Are investors shorting Target?

Target saw a decline in short interest in May. As of May 31st, there was short interest totalling 23,992,300 shares, a decline of 11.1% from the April 30th total of 26,973,000 shares. Based on an average trading volume of 5,100,000 shares, the short-interest ratio is presently 4.7 days. Approximately 4.6% of the shares of the stock 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 AT&T (T), Walmart (WMT), Intel (INTC), Verizon Communications (VZ), Cisco Systems (CSCO), Johnson & Johnson (JNJ), NVIDIA (NVDA), Alibaba Group (BABA), Netflix (NFLX) and General Electric (GE).

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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.98%), LSV Asset Management (1.43%), Northern Trust Corp (1.34%), Boston Partners (0.80%), American Century Companies Inc. (0.62%) and Nordea Investment Management AB (0.56%). Company insiders that own Target stock include Cathy R Smith, Don H Liu, Hourigan Rice Jacqueline, Janna A Potts, John J Mulligan, Laysha Ward, 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 FMR LLC, BlackRock Inc., Bank of Montreal Can, DekaBank Deutsche Girozentrale, Boston Partners, Janus Henderson Group PLC, Amundi Pioneer Asset Management Inc. and Swedbank. Company insiders that have sold Target company stock in the last year include Cathy R Smith, Janna A Potts, 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 acquired by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, Argent Capital Management LLC, American Century Companies Inc., Miller Howard Investments Inc. NY, Westwood Holdings Group Inc., The Manufacturers Life Insurance Company, Stevens Capital Management LP and Harel Insurance Investments & Financial Services Ltd.. 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, Scottrade, Fidelity and Charles Schwab.

What is Target's stock price today?

One share of TGT stock can currently be purchased for approximately $86.21.

How big of a company is Target?

Target has a market capitalization of $44.17 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:  4.3 out of 5 (star star star star)
Outperform Votes:  7,014 (Vote Outperform)
Underperform Votes:  1,216 (Vote Underperform)
Total Votes:  8,230
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 6/20/2019 by MarketBeat.com Staff

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