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 27.3% and is now trading at $134.37.
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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, 17 buy ratings and 3 strong buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Target.

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

Target will be holding an earnings conference call on Wednesday, August 19th 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) announced its earnings results on Wednesday, May, 20th. The retailer reported $0.59 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.40 by $0.19. The retailer had revenue of $19.37 billion for the quarter, compared to analysts' expectations of $19.04 billion. Target had a return on equity of 24.17% and a net margin of 3.46%. The business's quarterly revenue was up 11.3% compared to the same quarter last year. During the same period 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 given a dividend of $0.68 per share on Thursday, September 10th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 2.02%. The ex-dividend date is Tuesday, August 18th. This is an increase from Target's previous quarterly dividend of $0.66.
View Target's dividend history.

Target announced that its Board of Directors has approved a stock 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 reacquire up to 9.1% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's leadership believes its shares are undervalued.

27 equities research analysts have issued 12-month price targets for Target's stock. Their forecasts range from $105.00 to $152.00. On average, they anticipate Target's share price to reach $129.63 in the next year. This suggests that the stock has a possible downside of 3.5%.
View analysts' price targets for Target.

Media stories about TGT stock have trended extremely negative recently, according to InfoTrie. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of 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 -4.1 on InfoTrie's scale. They also gave media coverage about the retailer a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next several days.
View the latest news about Target.

Target saw a drop in short interest during the month of June. As of June 30th, there was short interest totaling 13,650,000 shares, a drop of 18.2% from the June 15th total of 16,680,000 shares. Based on an average daily volume of 5,320,000 shares, the short-interest ratio is currently 2.6 days. Approximately 2.7% of the shares of the company are sold short.
View Target's Short Interest.

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), AT&T (T), Walmart (WMT), Walt Disney (DIS), Johnson & Johnson (JNJ), Verizon Communications (VZ), Cisco Systems (CSCO), Alibaba Group (BABA), Home Depot (HD) and AbbVie (ABBV).

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

Target's stock is owned by a variety of retail and institutional investors. Top institutional investors include Nordea Investment Management AB (1.40%), LSV Asset Management (1.09%), Bank of New York Mellon Corp (0.85%), Sumitomo Mitsui Trust Holdings Inc. (0.47%), Bank of Montreal Can (0.42%) and Swiss National Bank (0.40%). 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 Prudential Financial Inc., LSV Asset Management, Robeco Institutional Asset Management B.V., Banco Santander S.A., MUFG Securities EMEA plc, Ensign Peak Advisors Inc, Hexavest Inc., and Smith Asset Management Group 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.

TGT stock was bought by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, First Trust Advisors LP, Unigestion Holding SA, Prudential PLC, AMF Pensionsforsakring AB, Raymond James & Associates, NorthRock Partners LLC, and PGGM Investments.
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 $134.37.

Target has a market capitalization of $67.19 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]