NYSE:TGTTarget Stock Price, Forecast & News

Target's stock was trading at $105.58 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, TGT stock has increased by 21.1% and is now trading at $127.84.
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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, 18 buy ratings and 2 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 results on Wednesday, May, 20th. The retailer reported $0.59 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.40 by $0.19. The retailer had revenue of $19.37 billion for the quarter, compared to analyst estimates of $19.04 billion. Target had a net margin of 3.46% and a return on equity of 24.17%. The company's revenue for the quarter was up 11.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.53 earnings per share.
View Target's earnings history.

Target announced a quarterly dividend on Thursday, June 11th. Investors of record on Wednesday, August 19th will be paid 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 2.13%. The ex-dividend date of this dividend is Tuesday, August 18th. This is a positive change from Target's previous quarterly dividend of $0.66.
View Target's dividend history.

Target announced that its Board of Directors has initiated a stock buyback program 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 purchase up to 9.1% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's management believes its shares are undervalued.

27 Wall Street analysts have issued 1-year target prices for Target's shares. Their forecasts range from $105.00 to $150.00. On average, they anticipate Target's stock price to reach $127.96 in the next twelve months. This suggests a possible upside of 0.1% from the stock's current price.
View analysts' price targets for Target.

Headlines about TGT stock have been trending negative recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded 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 -2.9 on InfoTrie's scale. They also assigned news headlines about the retailer a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the immediate future.
View the latest news about Target.

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), 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).

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

Target's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.47%), Raymond James & Associates (0.38%), Robeco Institutional Asset Management B.V. (0.36%), First Trust Advisors LP (0.28%), Focused Investors LLC (0.24%) and Schafer Cullen Capital Management Inc (0.20%). 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 Robeco Institutional Asset Management B.V., Hexavest Inc., ProShare Advisors LLC, Hamlin Capital Management LLC, Mackay Shields LLC, 6 Meridian, Wedge Capital Management L L P NC, and Cullen 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 purchased by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Prudential PLC, Raymond James & Associates, PGGM Investments, Assenagon Asset Management S.A., Royal London Asset Management Ltd., Railway Pension Investments Ltd, and Oregon Public Employees Retirement Fund.
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 $127.84.

Target has a market capitalization of $63.92 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]