Target Stock Forecast, Price & News

20 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Target in the last year. There are currently 4 hold ratings, 15 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Target stock.
View analyst ratings for Target or view top-rated stocks.

Wall Street analysts have given Target a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Target wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Target is scheduled to release its next quarterly earnings announcement on Wednesday, August 18th 2021.
View our earnings forecast for Target.

Target will be holding an earnings conference call on Wednesday, August 18th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Target Co. (NYSE:TGT) issued its earnings results on Tuesday, May, 18th. The retailer reported $3.69 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $2.25 by $1.44. The retailer earned $23.88 billion during the quarter, compared to analyst estimates of $21.13 billion. Target had a net margin of 6.30% and a trailing twelve-month return on equity of 45.70%. Target's revenue was up 23.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.59 EPS.
View Target's earnings history.

Target's stock was trading at $105.58 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, TGT shares have increased by 148.3% and is now trading at $262.20.
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Target declared a quarterly dividend on Wednesday, June 9th. Stockholders of record on Wednesday, August 18th will be given a dividend of $0.90 per share on Friday, September 10th. This represents a $3.60 annualized dividend and a yield of 1.37%. The ex-dividend date is Tuesday, August 17th. This is an increase from Target's previous quarterly dividend of $0.68.
View Target's dividend history.

Target pays an annual dividend of $2.72 per share and currently has a dividend yield of 1.04%. 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 28.87%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Target will have a dividend payout ratio of 22.48% 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 initiated a share buyback plan 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 buy up to 9.1% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's board of directors believes its shares are undervalued.

20 Wall Street analysts have issued 1 year price objectives for Target's shares. Their forecasts range from $188.00 to $280.00. On average, they expect Target's share price to reach $239.94 in the next year. This suggests that the stock has a possible downside of 8.5%.
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 Walmart (WMT), Costco Wholesale (COST), Wal-Mart de México (WMMVY), Dollar General (DG), Tesco (TSCDY), Dollar Tree (DLTR), Five Below (FIVE), BJ's Wholesale Club (BJ), Ollie's Bargain Outlet (OLLI), MINISO Group (MNSO), PriceSmart (PSMT), Big Lots (BIG), Tuesday Morning (TUEM), 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 retail and institutional investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.42%), Alliancebernstein L.P. (0.32%), Victory Capital Management Inc. (0.20%), Focused Investors LLC (0.19%), New York State Common Retirement Fund (0.19%) and Smead Capital Management Inc. (0.15%). Company insiders that own Target stock include Brian C Cornell, Cara A Sylvester, Cathy R Smith, Christina Hennington, Don H Liu, Katie M Boylan, Laysha Ward, Mark J Tritton, Mark Schindele, Michael Edward Mcnamara, Robert M Harrison, Robert M Harrison, Roxanne S Austin, Stephanie A Lundquist and Stephen A Vintz.
View institutional ownership trends for Target.

TGT stock was sold by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Unigestion Holding SA, State of Alaska Department of Revenue, PGGM Investments, Landscape Capital Management L.L.C., Advisors Capital Management LLC, Ziegler Capital Management LLC, and Focused Investors LLC. Company insiders that have sold Target company stock in the last year include Brian C Cornell, Cara A Sylvester, Christina Hennington, Don H Liu, Katie M Boylan, Mark Schindele, Michael Edward Mcnamara, Robert M Harrison, Stephanie A Lundquist, and Stephen A Vintz.
View insider buying and selling activity for Target or view top insider-selling stocks.

TGT stock was purchased by a variety of institutional investors in the last quarter, including Smead Capital Management Inc., Calamos Advisors LLC, Transform Wealth LLC, Clear Creek Financial Management LLC, Huntington National Bank, IFM Investors Pty Ltd, Pflug Koory LLC, and WealthTrust Asset Management LLC.
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 $262.20.

Target has a market capitalization of $129.72 billion and generates $93.56 billion in revenue each year. The retailer earns $4.37 billion in net income (profit) each year or $9.42 on an earnings per share basis.

Target employs 409,000 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]