Target Corporation operates as a general merchandise retailer in the United States. The company offers beauty and household essentials; food assortments, including perishables, dry grocery, dairy, and frozen items; and apparel, accessories, home décor products, electronics, toys, seasonal offerings, and other merchandise. The company also provides in-store amenities, such as Target Café, Target Optical, Starbucks, and other food service offerings.
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Industry, Sector and Symbol
Industry Variety stores
Sub-IndustryGeneral Merchandise Stores
SectorRetail/Wholesale
Phone612-304-6073
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$75.36 billion
Profitability
Miscellaneous
Employees360,000
Next Earnings Date11/19/2019 (Estimated)
OptionableOptionable
Target (NYSE:TGT) Frequently Asked Questions
What is Target's stock symbol?
Target trades on the New York Stock Exchange (NYSE) under the ticker symbol "TGT."
How often does Target pay dividends? What is the dividend yield for Target?
Target declared a quarterly dividend on Thursday, June 13th. Shareholders of record on Wednesday, August 21st will be given a dividend of $0.66 per share on Tuesday, September 10th. This represents a $2.64 dividend on an annualized basis and a yield of 2.55%. The ex-dividend date is Tuesday, August 20th. This is a positive change from Target's previous quarterly dividend of $0.64. View Target's Dividend History.
How were Target's earnings last quarter?
Target Co. (NYSE:TGT) released its quarterly earnings results on Wednesday, August, 21st. The retailer reported $1.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.61 by $0.21. The retailer had revenue of $18.42 billion for the quarter, compared to the consensus estimate of $18.32 billion. Target had a return on equity of 27.43% and a net margin of 4.10%. Target's quarterly revenue was up 3.6% compared to the same quarter last year. During the same period in the prior year, the company earned $1.47 earnings per share. View Target's Earnings History.
When is Target's next earnings date?
What guidance has Target issued on next quarter's earnings?
Target issued an update on its FY20 earnings guidance on Wednesday, August, 21st. The company provided earnings per share guidance of $5.90-6.20 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.94.
What price target have analysts set for TGT?
21 analysts have issued 1-year target prices for Target's stock. Their predictions range from $62.30 to $130.00. On average, they expect Target's share price to reach $103.2289 in the next twelve months. This suggests that the stock has a possible downside of 0.3%. View Analyst Price Targets for Target.
What is the consensus analysts' recommendation for Target?
21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Target in the last year. There are currently 5 hold ratings and 16 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Target.
Has Target been receiving favorable news coverage?
Headlines about TGT stock have been trending positive recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Target earned a news impact score of 2.5 on InfoTrie's scale. They also assigned press coverage about the retailer a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the stock's share price in the next few days. View News Stories for Target.
Are investors shorting Target?
Target saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 22,834,300 shares, an increase of 9.0% from the June 30th total of 20,941,200 shares. Based on an average daily volume of 5,060,000 shares, the days-to-cover ratio is presently 4.5 days. Approximately 4.4% of the company's shares are sold short. View Target's Current Options Chain.
Who are some of Target's key competitors?
Some companies that are related to Target include Costco Wholesale (COST), Wal-mart de Mexico S A B de C V (WMMVY), Dollar General (DG), Dollar Tree (DLTR), Tesco (TSCDY), Five Below (FIVE), Ollie's Bargain Outlet (OLLI), BJs Wholesale Club (BJ), PriceSmart (PSMT), Big Lots (BIG), Tuesday Morning (TUES) and Fred's (FRED).
What other stocks do shareholders of Target own?
Who are Target's key executives?
Target's management team includes the folowing people:
- Mr. Brian C. Cornell, Chairman & CEO (Age 60)
- Ms. Catherine R. Smith, Exec. VP & CFO (Age 55)
- Mr. John J. Mulligan, Exec. VP & COO (Age 53)
- Mr. Michael Edward McNamara, Exec. VP & Chief Information Officer (Age 54)
- Ms. Janna Adair Potts, Exec. VP & Chief Stores Officer (Age 51)
Who are Target's major shareholders?
Target's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (7.84%), BlackRock Inc. (7.44%), BlackRock Inc. (7.44%), Bank of New York Mellon Corp (1.46%), LSV Asset Management (1.40%) and Northern Trust Corp (1.36%). Company insiders that own Target stock include Cathy R Smith, Don H Liu, Hourigan Rice Jacqueline, Janna A Potts, John J Mulligan, Laysha Ward, Michael Edward Mcnamara, Robert M Harrison, Roxanne S Austin and Stephanie A Lundquist. View Institutional Ownership Trends for Target.
Which major investors are selling Target stock?
TGT stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., BlackRock Inc., Holocene Advisors LP, Janus Henderson Group PLC, Janus Henderson Group PLC, Swedbank, Tyvor Capital LLC and Miller Howard Investments Inc. NY. Company insiders that have sold Target company stock in the last year include Cathy R Smith, Don H Liu, Janna A Potts, Michael Edward Mcnamara, Robert M Harrison, Roxanne S Austin and Stephanie A Lundquist. View Insider Buying and Selling for Target.
Which major investors are buying Target stock?
TGT stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Renaissance Technologies LLC, AQR Capital Management LLC, DekaBank Deutsche Girozentrale, Barrow Hanley Mewhinney & Strauss LLC, Barrow Hanley Mewhinney & Strauss LLC, Vanguard Group Inc. and Bahl & Gaynor Inc.. View Insider Buying and Selling for Target.
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Target's stock price today?
One share of TGT stock can currently be purchased for approximately $103.49.
How big of a company is Target?
Target has a market capitalization of $53.02 billion and generates $75.36 billion in revenue each year. The retailer earns $2.94 billion in net income (profit) each year or $5.39 on an earnings per share basis. Target employs 360,000 workers across the globe.View Additional Information About Target.
What is Target's official website?
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]
MarketBeat Community Rating for Target (NYSE TGT)
MarketBeat's community ratings are surveys of what our community members think about Target and other stocks. Vote "Outperform" if you believe TGT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TGT will underperform the S&P 500 over the long term. You may vote once every thirty days.
