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 announced a quarterly dividend on Thursday, June 13th. Investors of record on Wednesday, August 21st will be paid a dividend of $0.66 per share on Tuesday, September 10th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 2.47%. The ex-dividend date of this dividend is Tuesday, August 20th. This is a boost 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) announced its quarterly earnings results on Wednesday, August, 21st. The retailer reported $1.82 earnings per share for the quarter, topping analysts' consensus estimates of $1.61 by $0.21. The retailer earned $18.42 billion during the quarter, compared to the consensus estimate of $18.32 billion. Target had a net margin of 4.10% and a return on equity of 27.43%. The company's revenue for the quarter was up 3.6% compared to the same quarter last year. During the same quarter last year, the business earned $1.47 EPS. View Target's Earnings History.
When is Target's next earnings date?
What guidance has Target issued on next quarter's earnings?
Target updated its FY20 earnings guidance on Wednesday, August, 21st. The company provided earnings per share (EPS) guidance of $5.90-6.20 for the period, compared to the Thomson Reuters consensus estimate of $5.94.
What price target have analysts set for TGT?
21 brokerages have issued 12-month price objectives for Target's shares. Their forecasts range from $62.30 to $130.00. On average, they anticipate Target's share price to reach $103.2289 in the next year. This suggests that the stock has a possible downside of 3.5%. 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?
News headlines about TGT stock have trended somewhat positive recently, InfoTrie reports. The research firm ranks the sentiment of media 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 -5 to 5, with scores nearest to five being the most favorable. Target earned a coverage optimism score of 0.9 on InfoTrie's scale. They also gave press coverage about the retailer a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Target.
Are investors shorting Target?
Target saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 24,214,300 shares, an increase of 6.0% from the July 31st total of 22,834,300 shares. Based on an average trading volume of 5,630,000 shares, the days-to-cover ratio is presently 4.3 days. Approximately 4.8% of the shares of the company 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), Tesco (TSCDY), Dollar Tree (DLTR), 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 many different of retail and institutional 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, Janna A Potts, John J Mulligan, 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 institutional investors are selling Target stock?
TGT stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, BlackRock Inc., BlackRock Inc., Holocene Advisors LP, Janus Henderson Group PLC, Janus Henderson Group PLC, Swedbank and Tyvor Capital LLC. 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 for Target.
Which institutional investors are buying Target stock?
TGT stock was purchased 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, Robinhood, Fidelity and Charles Schwab.
What is Target's stock price today?
One share of TGT stock can currently be purchased for approximately $106.96.
How big of a company is Target?
Target has a market capitalization of $54.65 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.
