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 24.8% and is now trading at $131.72.
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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) released its quarterly earnings results on Wednesday, May, 20th. The retailer reported $0.59 EPS for the quarter, beating the Thomson Reuters' 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 net margin of 3.46% and a return on equity of 24.17%. The firm's revenue for the quarter was up 11.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.53 EPS.
View Target's earnings history.

Target announced a quarterly dividend on Thursday, June 11th. Investors 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 dividend yield of 2.06%. The ex-dividend date of this dividend is Tuesday, August 18th. This is a positive change from Target's previous quarterly dividend of $0.66.
View Target's dividend history.

Target announced that its Board of Directors has authorized a share buyback plan on Thursday, September 19th 2019, which permits the company to repurchase $5,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 9.1% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's board believes its stock is undervalued.

27 equities research analysts have issued 1 year price targets for Target's shares. Their forecasts range from $105.00 to $152.00. On average, they expect Target's share price to reach $129.63 in the next year. This suggests that the stock has a possible downside of 1.6%.
View analysts' price targets for Target.

Press coverage about TGT stock has trended neutral on Tuesday, according to InfoTrie. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real-time. 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 news sentiment score of 0.2 on InfoTrie's scale. They also assigned media stories about the retailer a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future.
View the latest news about Target.

Target saw a increase in short interest in January. As of January 15th, there was short interest totaling 15,390,000 shares, an increase of 20.6% from the December 31st total of 12,760,000 shares. Based on an average daily trading volume, of 5,410,000 shares, the days-to-cover ratio is presently 2.8 days. Approximately 3.1% 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), Alibaba Group (BABA), Cisco Systems (CSCO), Verizon Communications (VZ), 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 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 purchased by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Unigestion Holding SA, Prudential PLC, Raymond James & Associates, NorthRock Partners LLC, PGGM Investments, Assenagon Asset Management S.A., and Royal London Asset Management 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 $131.72.

Target has a market capitalization of $65.86 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]