NYSE:TGTTarget Stock Price, Forecast & News

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.

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.

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) 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.

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.

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.

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.

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.

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.

Some companies that are related to Target include Dollar General (DG), Dollar Tree (DLTR), Big Lots (BIG), Tuesday Morning (TUES) and Fred's (FREDQ). View all competitors.

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 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.

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.

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.

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 $117.70.

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.

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]