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 29.3% and is now trading at $136.53.
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28 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 3 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 will be holding an earnings conference call on Wednesday, August 19th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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 earned $19.37 billion during the quarter, compared to analyst estimates of $19.04 billion. Target had a return on equity of 24.17% and a net margin of 3.46%. The business's revenue for the quarter was up 11.3% on a year-over-year basis. During the same quarter last year, the firm earned $1.53 EPS.
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 dividend yield of 1.99%. 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 of Directors has initiated a share buyback plan on Thursday, September 19th 2019, which allows the company to buyback $5,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 9.1% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's management believes its stock is undervalued.

28 brokers have issued twelve-month target prices for Target's shares. Their forecasts range from $105.00 to $160.00. On average, they anticipate Target's stock price to reach $131.72 in the next twelve months. This suggests that the stock has a possible downside of 3.5%.
View analysts' price targets for Target.

Press coverage about TGT stock has been trending neutral this week, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Target earned a news impact score of 0.2 on InfoTrie's scale. They also assigned headlines about the retailer a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future.
View the latest news about Target.

Target saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 13,650,000 shares, a decline of 18.2% from the June 15th total of 16,680,000 shares. Based on an average daily trading volume, of 5,320,000 shares, the days-to-cover ratio is presently 2.6 days. Currently, 2.7% of the shares of the stock 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), Verizon Communications (VZ), Cisco Systems (CSCO), Alibaba Group (BABA), 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 institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.92%), BlackRock Inc. (7.10%), Nordea Investment Management AB (1.40%), LSV Asset Management (1.09%), Bank of New York Mellon Corp (0.85%) and Sumitomo Mitsui Trust Holdings Inc. (0.47%). 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 BlackRock Inc., Prudential Financial Inc., LSV Asset Management, FMR LLC, Marshall Wace North America L.P., Robeco Institutional Asset Management B.V., Banco Santander S.A., and MUFG Securities EMEA plc. 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 Nordea Investment Management AB, Vanguard Group Inc., First Trust Advisors LP, Holocene Advisors LP, Unigestion Holding SA, Balyasny Asset Management LLC, Prudential PLC, and AMF Pensionsforsakring AB.
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 $136.53.

Target has a market capitalization of $68.27 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]