Target Stock Forecast, Price & News

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Target in the last twelve months. There are currently 6 hold ratings, 15 buy ratings and 3 strong buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Target stock.
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Target saw a decrease in short interest in the month of January. As of January 29th, there was short interest totaling 5,210,000 shares, a decrease of 21.8% from the January 14th total of 6,660,000 shares. Based on an average daily trading volume, of 4,000,000 shares, the days-to-cover ratio is presently 1.3 days. Currently, 1.0% of the shares of the stock are sold short.
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Target is scheduled to release its next quarterly earnings announcement on Tuesday, March 2nd 2021.
View our earnings forecast for Target.

Target will be holding an earnings conference call on Tuesday, March 2nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Target Co. (NYSE:TGT) posted its quarterly earnings data on Tuesday, November, 17th. The retailer reported $2.79 EPS for the quarter, topping the consensus estimate of $1.60 by $1.19. The retailer had revenue of $22.63 billion for the quarter, compared to the consensus estimate of $20.91 billion. Target had a trailing twelve-month return on equity of 34.94% and a net margin of 4.31%. During the same period last year, the company posted $1.36 EPS.
View Target's earnings history.

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 73.7% and is now trading at $183.44.
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Target declared a quarterly dividend on Thursday, January 14th. Shareholders of record on Wednesday, February 17th will be paid a dividend of $0.68 per share on Wednesday, March 10th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.48%. The ex-dividend date is Tuesday, February 16th.
View Target's dividend history.

Target pays an annual dividend of $2.72 per share and currently has a dividend yield of 1.47%. Target has been increasing its dividend for 50 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Target is 42.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Target will have a dividend payout ratio of 31.45% next year. This indicates that Target will be able to sustain or increase its dividend.
View Target's dividend history.

Target declared that its board has authorized a share buyback plan on Thursday, September 19th 2019, which authorizes the company to buyback $5,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 9.1% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's board believes its shares are undervalued.

24 analysts have issued 1-year price targets for Target's shares. Their forecasts range from $120.00 to $230.00. On average, they anticipate Target's share price to reach $165.40 in the next year. This suggests that the stock has a possible downside of 9.8%.
View analysts' price targets for Target or view top-rated stocks among Wall Street analysts.

10,048 employees have rated Target CEO Brian Cornell on Glassdoor.com. Brian Cornell has an approval rating of 78% among Target's employees.

Some companies that are related to Target include Costco Wholesale (COST), Wal-Mart de México (WMMVY), Dollar General (DG), Tesco (TSCDY), Dollar Tree (DLTR), Five Below (FIVE), MINISO Group (MNSO), BJ's Wholesale Club (BJ), Ollie's Bargain Outlet (OLLI), PriceSmart (PSMT), Big Lots (BIG), Tuesday Morning (TUESQ) 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), Walmart (WMT), AT&T (T), The Walt Disney (DIS), Johnson & Johnson (JNJ), The Home Depot (HD), Verizon Communications (VZ), Intel (INTC), Alibaba Group (BABA) and Cisco Systems (CSCO).

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

Target's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.42%), Northern Trust Corp (1.33%), FMR LLC (1.10%), Renaissance Technologies LLC (1.07%), Bank of New York Mellon Corp (0.84%) and Dimensional Fund Advisors LP (0.73%). Company insiders that own Target stock include Brian C Cornell, Cathy R Smith, Christina Hennington, Don H Liu, Janna A Potts, Laysha Ward, Mark J Tritton, Mark Schindele, 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 Renaissance Technologies LLC, First Trust Advisors LP, Nuveen Asset Management LLC, Alyeska Investment Group L.P., Alyeska Investment Group L.P., Dimensional Fund Advisors LP, Victory Capital Management Inc., and Fort Pitt Capital Group LLC. Company insiders that have sold Target company stock in the last year include Brian C Cornell, Christina Hennington, Don H Liu, Mark Schindele, Michael Edward Mcnamara, Robert M Harrison, Roxanne S Austin, and Stephanie A Lundquist.
View insider buying and selling activity for Target or view top insider-selling stocks.

TGT stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., D1 Capital Partners L.P., FMR LLC, Brandywine Global Investment Management LLC, California Public Employees Retirement System, Robeco Institutional Asset Management B.V., Retirement Systems of Alabama, and Railway Pension Investments Ltd.
View insider buying and selling activity for Target or or view top insider-buying stocks.

Shares of TGT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of TGT stock can currently be purchased for approximately $183.44.

Target has a market capitalization of $91.86 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 following companies are subsidiares of Target: A Bullseye View, Associated Merchandising Corporation, Chefs Catalog, Cooking.com, Deliv, DermStore, Fedco, Grand Junction, PoweredAnalytics, Shipt, Sonia Kashuk, Target Brands Inc. (MN), Target Capital Corporation (MN), Target Enterprise Inc. (MN), and Target General Merchandise Inc. (MN).

Target was founded in 1902.

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

Target is headquartered at 1000 NICOLLET MALL, MINNEAPOLIS MN, 55403.

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]