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NYSE:TGTTarget Stock Price, Forecast & News

$117.70
-0.36 (-0.30 %)
(As of 07/8/2020 04:00 PM ET)
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Today's Range
$116.73
Now: $117.70
$118.50
50-Day Range
$115.12
MA: $119.34
$123.17
52-Week Range
$80.03
Now: $117.70
$130.24
Volume2.84 million shs
Average Volume5.83 million shs
Market Capitalization$58.85 billion
P/E Ratio21.80
Dividend Yield2.24%
Beta0.79
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. It sells its products through its stores; and digital channels, including Target.com. As of February 2, 2019, the company operated 1,844 stores. Target Corporation was founded in 1902 and is headquartered in Minneapolis, Minnesota.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.4Community Rank: 4.2Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.73 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$78.11 billion
Cash Flow$11.49 per share
Book Value$23.35 per share

Profitability

Net Income$3.28 billion

Miscellaneous

Employees368,000
Market Cap$58.85 billion
Next Earnings Date8/19/2020 (Estimated)
OptionableOptionable

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Target (NYSE:TGT) Frequently Asked Questions

How has Target's stock been impacted by COVID-19 (Coronavirus)?

Target's stock was trading at $105.58 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, TGT stock has increased by 11.5% and is now trading at $117.70. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Target?

26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Target in the last year. There are currently 6 hold ratings, 18 buy ratings and 2 strong buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Target.

When is Target's next earnings date?

Target is scheduled to release its next quarterly earnings announcement on Wednesday, August 19th 2020. View our earnings forecast for Target.

How were Target's earnings last quarter?

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

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

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 yield of 2.31%. The ex-dividend date is Tuesday, August 18th. This is a positive change from Target's previous quarterly dividend of $0.66. View Target's dividend history.

How will Target's stock buyback program work?

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

What price target have analysts set for TGT?

26 Wall Street analysts have issued 12-month target prices for Target's stock. Their forecasts range from $110.00 to $150.00. On average, they anticipate Target's stock price to reach $128.96 in the next twelve months. This suggests a possible upside of 9.6% from the stock's current price. View analysts' price targets for Target.

Has Target been receiving favorable news coverage?

Media headlines about TGT stock have trended negative this week, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Target earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave media headlines about the retailer a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news about Target.

Are investors shorting Target?

Target saw a decline in short interest in June. As of June 15th, there was short interest totaling 17,550,000 shares, a decline of 6.3% from the May 31st total of 18,720,000 shares. Based on an average trading volume of 6,450,000 shares, the days-to-cover ratio is currently 2.7 days. Approximately 3.5% of the shares of the company are short sold. 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 NVIDIA (NVDA), Walt Disney (DIS), Walmart (WMT), AT&T (T), Alibaba Group (BABA), Johnson & Johnson (JNJ), Home Depot (HD), Verizon Communications (VZ), Cisco Systems (CSCO) and Netflix (NFLX).

Who are Target's key executives?

Target's management team includes the following 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)

What is Target's stock symbol?

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

Who are Target's major shareholders?

Target's stock is owned by many different institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.13%), Park National Corp OH (0.06%), State of Alaska Department of Revenue (0.03%), American National Bank (0.01%), First Financial Bank Trust Division (0.01%) and DNB Asset Management AS (0.01%). 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.

Which institutional investors are selling Target stock?

TGT stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Park National Corp OH, Municipal Employees Retirement System of Michigan, DNB Asset Management AS, Triangle Securities Wealth Management, Fulton Bank N. A., Diversified Trust Co, and New Capital Management LP. 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.

Which institutional investors are buying Target stock?

TGT stock was acquired by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Livforsakringsbolaget Skandia Omsesidigt, American National Bank, First Financial Bank Trust Division, Symphony Financial Ltd. Co., Modus Advisors LLC, Hummer Financial Advisory Services Inc, and M&R Capital Management Inc.. View insider buying and selling activity 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 $117.70.

How big of a company is Target?

Target has a market capitalization of $58.85 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.

What is Target's official website?

The official website for Target is 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]

This page was last updated on 7/9/2020 by MarketBeat.com Staff

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