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. Since then, TGT shares have increased by 11.8% and is now trading at $118.06. 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 (EPS) for the quarter, topping the Thomson Reuters' consensus estimate 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 firm's revenue was up 11.3% on a year-over-year basis. During the same quarter last year, the firm earned $1.53 earnings per share. View Target's earnings history.

Target announced a quarterly dividend on Thursday, June 11th. Stockholders 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 annualized dividend and a yield of 2.30%. 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 declared that its board has authorized a share repurchase program on Thursday, September 19th 2019, which permits the company to buyback $5,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 9.1% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's board of directors believes its stock is undervalued.

26 brokerages have issued 1 year target prices for Target's shares. Their forecasts range from $110.00 to $150.00. On average, they expect Target's share price to reach $128.96 in the next year. This suggests a possible upside of 9.2% from the stock's current price. View analysts' price targets for Target.

Press coverage about TGT stock has trended negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Target earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned headlines about the retailer a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news about Target.

Target saw a decrease in short interest during the month of June. As of June 15th, there was short interest totaling 17,550,000 shares, a decrease 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 short-interest ratio is presently 2.7 days. Currently, 3.5% of the shares of the stock are sold short. 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 a number of institutional and retail investors. Top institutional shareholders include 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%), Fulton Bank N. A. (0.00%) and Diversified Trust Co (0.00%). 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, Fulton Bank N. A., Diversified Trust Co, Courier Capital LLC, and Norway Savings Bank. 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 American National Bank, First Financial Bank Trust Division, Modus Advisors LLC, Hummer Financial Advisory Services Inc, M&R Capital Management Inc., Farmers Trust Co., Private Trust Co. NA, and TRUE Private Wealth Advisors. 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 $118.06.

Target has a market capitalization of $59.03 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]