Target Stock Forecast, Price & News

$261.05
-0.61 (-0.23 %)
(As of 07/30/2021 12:00 AM ET)
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Today's Range
$258.73
$263.46
50-Day Range
$225.30
$261.66
52-Week Range
$123.79
$263.46
Volume2.81 million shs
Average Volume2.48 million shs
Market Capitalization$129.15 billion
P/E Ratio21.29
Dividend Yield1.04%
Beta1.01
30 days | 90 days | 365 days | Advanced Chart
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Target logo

About Target

Target Corp. engages in the operation and ownership of general merchandise stores. It offers food assortments including perishables, dry grocery, dairy, and frozen items. The company was founded by George Draper Dayton in 1902 and is headquartered in Minneapolis, MN.

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Industry, Sector and Symbol

Sales & Book Value

Profitability

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MarketRank

Overall MarketRank

2.94 out of 5 stars

Retail/Wholesale Sector

9th out of 175 stocks

Variety Stores Industry

2nd out of 8 stocks

Analyst Opinion: 2.4Community Rank: 5.0Dividend Strength: 4.2Insider Behavior: 2.5Valuation: 0.6 5 -4 -3 -2 -1 -
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Target (NYSE:TGT) Frequently Asked Questions

Is Target a buy right now?

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.

What stocks does MarketBeat like better than Target?

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.
View MarketBeat's top stock picks here.

When is Target's next earnings date?

Target is scheduled to release its next quarterly earnings announcement on Wednesday, August 18th 2021.
View our earnings forecast for Target
.

How can I listen to Target's earnings call?

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.

How were Target's earnings last quarter?

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

How has Target's stock price been impacted by Coronavirus?

Target's stock was trading at $105.58 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, TGT shares have increased by 147.3% and is now trading at $261.05.
View which stocks have been most impacted by COVID-19
.

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

Target announced a quarterly dividend on Wednesday, June 9th. Shareholders of record on Wednesday, August 18th will be paid a dividend of $0.90 per share on Friday, September 10th. This represents a $3.60 dividend on an annualized basis and a yield of 1.38%. 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
.

Is Target a good dividend stock?

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.

How will Target's stock buyback program work?

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

What price target have analysts set for TGT?

20 analysts have issued 12-month target prices for Target's stock. Their forecasts range from $188.00 to $280.00. On average, they anticipate Target's share price to reach $239.94 in the next twelve months. This suggests that the stock has a possible downside of 8.1%.
View analysts' price targets for Target
or view top-rated stocks among Wall Street analysts.

Who are Target's key executives?

Target's management team includes the following people:
  • Brian C. Cornell, Chairman & Chief Executive Officer
  • John J. Mulligan, Chief Operating Officer & Executive Vice President
  • Michael J. Fiddelke, Chief Financial Officer & Executive Vice President
  • Michael E. McNamara, Chief Information Officer & Executive VP (LinkedIn Profile)
  • Rich Agostino, Chief Information Security Officer & Senior VP

What is Brian Cornell's approval rating as Target's CEO?

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

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), 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).

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 a variety of retail and institutional investors. Top institutional investors include Alliancebernstein L.P. (0.32%), PGGM Investments (0.07%), Chicago Capital LLC (0.07%), Oregon Public Employees Retirement Fund (0.07%), TCW Group Inc. (0.05%) and State of Alaska Department of Revenue (0.05%). 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
.

Which institutional investors are selling Target stock?

TGT stock was sold by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., State of Alaska Department of Revenue, PGGM Investments, Ziegler Capital Management LLC, TCW Group Inc., Tufton Capital Management, Raymond James Trust N.A., and Cutler Group LP. 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.

Which institutional investors are buying Target stock?

TGT stock was acquired by a variety of institutional investors in the last quarter, including Calamos Advisors LLC, Transform Wealth LLC, IFM Investors Pty Ltd, Pflug Koory LLC, WealthTrust Asset Management LLC, XR Securities LLC, Breiter Capital Management Inc., and CBOE Vest Financial LLC.
View insider buying and selling activity for Target
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Target's stock price today?

One share of TGT stock can currently be purchased for approximately $261.05.

How much money does Target make?

Target has a market capitalization of $129.15 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.

How many employees does Target have?

Target employs 409,000 workers across the globe.

Does Target have any subsidiaries?

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).

When was Target founded?

Target was founded in 1902.

What is Target's official website?

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

Where are Target's headquarters?

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

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 7/31/2021 by MarketBeat.com Staff
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