NYSE:TGTTarget Stock Price, Forecast & News

Target's stock was trading at $105.58 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, TGT stock has increased by 24.8% and is now trading at $131.75.
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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, 18 buy ratings and 2 strong buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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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 quarterly earnings results on Wednesday, May, 20th. The retailer reported $0.59 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.40 by $0.19. The retailer had revenue of $19.37 billion for the quarter, compared to the consensus estimate of $19.04 billion. Target had a return on equity of 24.17% and a net margin of 3.46%. Target's revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter last year, the company earned $1.53 earnings per share.
View Target's earnings history.

Target declared a quarterly dividend on Thursday, June 11th. Stockholders 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 annualized dividend and a yield of 2.06%. The ex-dividend date is Tuesday, August 18th. This is a boost from Target's previous quarterly dividend of $0.66.
View Target's dividend history.

Target announced that its board has initiated a share repurchase program on Thursday, September 19th 2019, which allows the company to repurchase $5,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 9.1% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's board of directors believes its shares are undervalued.

27 brokerages have issued 12 month price objectives for Target's shares. Their forecasts range from $105.00 to $150.00. On average, they anticipate Target's stock price to reach $127.96 in the next year. This suggests that the stock has a possible downside of 2.9%.
View analysts' price targets for Target.

Headlines about TGT stock have been trending very positive this week, according to InfoTrie. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded 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 4.0 on InfoTrie's scale. They also assigned media stories 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 stock's share price in the next few days.
View the latest news about Target.

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), 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 retail and institutional investors. Top institutional shareholders include LSV Asset Management (1.09%), Sumitomo Mitsui Trust Holdings Inc. (0.47%), Swiss National Bank (0.40%), Raymond James & Associates (0.38%), Robeco Institutional Asset Management B.V. (0.36%) and US Bancorp DE (0.35%). 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 LSV Asset Management, Robeco Institutional Asset Management B.V., Banco Santander S.A., Hexavest Inc., Smith Asset Management Group LP, ProShare Advisors LLC, Hamlin Capital Management LLC, and Arizona State Retirement System. 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 First Trust Advisors LP, Unigestion Holding SA, Prudential PLC, Raymond James & Associates, PGGM Investments, Assenagon Asset Management S.A., Royal London Asset Management Ltd., and Railway Pension Investments Ltd.
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 $131.75.

Target has a market capitalization of $65.88 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]