Log in

NYSE:TGTTarget Stock Price, Forecast & News

$97.51
+4.94 (+5.34 %)
(As of 04/7/2020 04:17 AM ET)
Add
Compare
Today's Range
$92.13
Now: $97.51
$97.82
50-Day Range
$91.04
MA: $103.78
$118.26
52-Week Range
$70.03
Now: $97.51
$130.24
Volume7.08 million shs
Average Volume6.22 million shs
Market Capitalization$48.85 billion
P/E Ratio15.31
Dividend Yield2.85%
Beta0.65
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. It sells its products through its stores; and digital channels, including Target.com. As of February 2, 2019, the company operated 1,844 stores. Target Corporation was founded in 1902 and is headquartered in Minneapolis, Minnesota.
Read More
Target logo

Beat the Market (BTM) Rank

Analyst Opinion: 4.4Community Rank: 4.2Dividend Strength: 5.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

3.17 out of 5 stars


Industry, Sector and Symbol

Industry Variety stores
Sub-IndustryGeneral Merchandise Stores
SectorRetail/Wholesale
CUSIP87612E10
Phone612-304-6073

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$78.11 billion
Cash Flow$12.27 per share
Book Value$23.35 per share

Profitability

Net Income$3.28 billion

Miscellaneous

Employees368,000
Market Cap$48.85 billion
Next Earnings Date5/27/2020 (Estimated)
OptionableOptionable

Receive TGT News and Ratings via Email

Sign-up to receive the latest news and ratings for TGT and its competitors with MarketBeat's FREE daily newsletter.


Target (NYSE:TGT) Frequently Asked Questions

How has Target's stock been impacted by COVID-19 (Coronavirus)?

Target's stock was trading at $105.58 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, TGT shares have decreased by 7.6% and is now trading at $97.51. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Target?

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Target in the last year. There are currently 6 hold ratings, 14 buy ratings and 2 strong buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Target.

When is Target's next earnings date?

Target is scheduled to release its next quarterly earnings announcement on Wednesday, May 27th 2020. View our earnings forecast for Target.

How were Target's earnings last quarter?

Target Co. (NYSE:TGT) issued its quarterly earnings data on Tuesday, March, 3rd. The retailer reported $1.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.66 by $0.03. The retailer had revenue of $23.40 billion for the quarter, compared to analysts' expectations of $23.45 billion. Target had a return on equity of 28.46% and a net margin of 4.20%. The company's revenue for the quarter was up 1.8% compared to the same quarter last year. During the same period last year, the firm posted $1.53 earnings per share. View Target's earnings history.

How often does Target pay dividends? What is the dividend yield for Target?

Target declared a quarterly dividend on Thursday, March 12th. Shareholders of record on Wednesday, May 20th will be given a dividend of $0.66 per share on Wednesday, June 10th. This represents a $2.64 annualized dividend and a dividend yield of 2.71%. The ex-dividend date is Tuesday, May 19th. View Target's dividend history.

How will Target's stock buyback program work?

Target declared that its Board of Directors has initiated a stock buyback program on Thursday, September 19th 2019, which authorizes the company to repurchase $5,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 9.1% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's board believes its stock is undervalued.

What guidance has Target issued on next quarter's earnings?

Target updated its FY21 earnings guidance on Tuesday, March, 3rd. The company provided EPS guidance of $6.70-7.00 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.61.

What price target have analysts set for TGT?

22 brokerages have issued 12-month price targets for Target's stock. Their forecasts range from $76.05 to $150.00. On average, they anticipate Target's share price to reach $124.38 in the next year. This suggests a possible upside of 27.6% from the stock's current price. View analysts' price targets for Target.

Has Target been receiving favorable news coverage?

News articles about TGT stock have trended very negative recently, according to InfoTrie. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Target earned a daily sentiment score of -3.3 on InfoTrie's scale. They also gave news headlines 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 next few days. View the latest news aboutTarget.

Are investors shorting Target?

Target saw a decrease in short interest in March. As of March 13th, there was short interest totaling 10,975,400 shares, a decrease of 8.2% from the February 27th total of 11,960,000 shares. Based on an average trading volume of 5,030,000 shares, the short-interest ratio is currently 2.2 days. Approximately 2.2% of the company's stock are short sold. View Target's Current Options Chain.

Who are some of Target's key competitors?

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

What other stocks do shareholders of Target own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Target investors own include NVIDIA (NVDA), Walt Disney (DIS), AT&T (T), Walmart (WMT), Alibaba Group (BABA), Home Depot (HD), Bank of America (BAC), Cisco Systems (CSCO), Johnson & Johnson (JNJ) and Verizon Communications (VZ).

Who are Target's key executives?

Target's management team includes the following 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)

What is Target's stock symbol?

Target trades on the New York Stock Exchange (NYSE) under the ticker symbol "TGT."

Who are Target's major shareholders?

Target's stock is owned by a variety of institutional and retail investors. Top institutional investors include Park National Corp OH (0.06%), State of Alaska Department of Revenue (0.04%), American National Bank (0.01%), First Financial Bank Trust Division (0.01%), Pensionfund Sabic (0.00%) and Enterprise Trust & Investment Co (0.00%). Company insiders that own Target stock include 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.

Which major investors are selling Target stock?

TGT stock was sold by a variety of institutional investors in the last quarter, including Chickasaw Capital Management LLC, Enterprise Trust & Investment Co, Triangle Securities Wealth Management, and Bath Savings Trust Co. Company insiders that have sold Target company stock in the last year include 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 insider buying and selling activity for Target.

Which major investors are buying Target stock?

TGT stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, American National Bank, First Financial Bank Trust Division, Nelson Van Denburg & Campbell Wealth Management Group LLC, M&R Capital Management Inc., Fulton Bank N.A., Park National Corp OH, and Pensionfund Sabic. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Target's stock price today?

One share of TGT stock can currently be purchased for approximately $97.51.

How big of a company is Target?

Target has a market capitalization of $48.85 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. View additional information about Target.

What is Target's official website?

The official website for Target is http://www.target.com/.

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]

This page was last updated on 4/7/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel