NYSE:TGT Target Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Target Co. Please log in to your account or sign up in order to add this asset to your watchlist. $141.90 -2.62 (-1.81%) (As of 06/29/2022 12:00 AM ET) Add Compare Share Today's Range$141.32▼$144.4950-Day Range$139.30▼$248.1752-Week Range$138.58▼$268.98Volume4.22 million shsAverage Volume5.29 million shsMarket Capitalization$65.80 billionP/E Ratio11.77Dividend Yield2.49%Price Target$193.04 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive TGT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Target and its competitors with MarketBeat's FREE daily newsletter. Email Address TGT Stock Forecast (MarketRank)Overall MarketRank™3.83 out of 5 starsRetail/Wholesale Sector4th out of 283 stocksVariety Stores Industry1st out of 12 stocksAnalyst Opinion: 4.4Community Rank: 5.0Dividend Strength: 4.2Insider Behavior: 2.5Valuation: 3.1 5 -4 -3 -2 -1 - 4.4 Analyst's Opinion Consensus RatingTarget has received a consensus rating of Moderate Buy. The company's average rating score is 2.72, and is based on 16 buy ratings, 8 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $193.04, Target has a forecasted upside of 36.0% from its current price of $141.90.Amount of Analyst CoverageTarget has been the subject of 22 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Community Rank Outperform VotesTarget has received 7,376 “outperform” votes. (Add your “outperform” vote.)Underperform VotesTarget has received 747 “underperform” votes. (Add your “underperform” vote.)Community SentimentTarget has received 90.80% “outperform” votes from our community.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. Previous Next 4.2 Dividend Strength Dividend YieldTarget pays a meaningful dividend of 2.49%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthTarget has been increasing its dividend for 52 years.Dividend CoverageThe dividend payout ratio of Target is 29.85%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Target will have a dividend payout ratio of 29.10% next year. This indicates that Target will be able to sustain or increase its dividend. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Target insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $14,055,746.00 in company stock.Percentage Held by InsidersOnly 0.29% of the stock of Target is held by insiders.Percentage Held by Institutions81.83% of the stock of Target is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Target are expected to grow by 42.18% in the coming year, from $8.70 to $12.37 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Target is 11.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.23.Price to Earnings Ratio vs. SectorThe P/E ratio of Target is 11.77, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 14.75.Price to Earnings Growth RatioTarget has a PEG Ratio of 1.69. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioTarget has a P/B Ratio of 5.30. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Target (NYSE:TGT)Target Corporation operates as a general merchandise retailer in the United States. The company offers food assortments, including perishables, dry grocery, dairy, and frozen items; apparel, accessories, home décor products, electronics, toys, seasonal offerings, food, and other merchandise; and beauty and household essentials. It also provides in-store amenities, such as Target Café, Target Optical, Starbucks, and other food service offerings. The company sells its products through its stores; and digital channels, including Target.com. As of March 09, 2022, the company operated approximately 2,000 stores. Target Corporation was incorporated in 1902 and is headquartered in Minneapolis, Minnesota.Read More TGT Stock News HeadlinesJune 28, 2022 | americanbankingnews.comTarget (NYSE:TGT) Downgraded by TheStreet to C+June 28, 2022 | americanbankingnews.comTarget (NYSE:TGT) Downgraded to C+ at TheStreetJune 24, 2022 | americanbankingnews.comJohn J. Mulligan Sells 45,490 Shares of Target Co. (NYSE:TGT) StockJune 11, 2022 | americanbankingnews.comAnalysts Set Target Co. (NYSE:TGT) Price Target at $208.00June 11, 2022 | americanbankingnews.comTarget Co. (NYSE:TGT) Receives $208.00 Consensus Target Price from BrokeragesJune 11, 2022 | americanbankingnews.comQ2 2023 Earnings Forecast for Target Co. (NYSE:TGT) Issued By Jefferies Financial GroupJune 11, 2022 | americanbankingnews.comQ2 2023 EPS Estimates for Target Co. Cut by Analyst (NYSE:TGT)June 11, 2022 | americanbankingnews.comTarget Co. Expected to Earn Q2 2023 Earnings of $0.82 Per Share (NYSE:TGT)June 10, 2022 | americanbankingnews.comJefferies Financial Group Brokers Cut Earnings Estimates for Target Co. (NYSE:TGT)June 10, 2022 | americanbankingnews.comQ4 2023 EPS Estimates for Target Co. Lowered by Telsey Advisory Group (NYSE:TGT)June 9, 2022 | americanbankingnews.comTarget (NYSE:TGT) Downgraded by Bank of America to NeutralJune 9, 2022 | americanbankingnews.comTarget (NYSE:TGT) Given New $184.00 Price Target at CitigroupJune 9, 2022 | americanbankingnews.comTarget (NYSE:TGT) Given New $190.00 Price Target at Morgan StanleySee More Headlines Industry, Sector and Symbol Stock ExchangeNYSE Industry Variety stores Sub-IndustryGeneral Merchandise Stores SectorRetail/Wholesale Current SymbolNYSE:TGT CUSIP87612E10 CIK27419 Webwww.target.com Phone(612) 304-6073Fax612-761-5555Employees450,000Year Founded1902Company Calendar Ex-Dividend for 6/10 Dividend5/17/2022Last Earnings5/18/2022Dividend Payable6/10/2022Today6/29/2022Next Earnings (Estimated)8/17/2022Fiscal Year End1/31/2023Price Target and Rating Average Stock Price Forecast$193.04 High Stock Price Forecast$280.00 Low Stock Price Forecast$150.00 Forecasted Upside/Downside+36.0%Consensus RatingModerate Buy Rating Score (0-4)2.72 Research Coverage25 Analysts Profitability EPS (Most Recent Fiscal Year)$12.059990 Trailing P/E Ratio11.77 Forward P/E Ratio16.31 P/E Growth1.69Net Income$6.95 billion Net Margins5.48% Pretax Margin7.05% Return on Equity44.75% Return on Assets11.11% Debt Debt-to-Equity Ratio1.24 Current Ratio0.87 Quick Ratio0.14 Sales & Book Value Annual Sales$106.01 billion Price / Sales0.62 Cash Flow$18.36 per share Price / Cash Flow7.73 Book Value$26.77 per share Price / Book5.30Miscellaneous Outstanding Shares463,696,000Free Float462,351,000Market Cap$65.80 billion OptionableOptionable Beta0.96 Social Links Target Frequently Asked Questions Should I buy or sell Target stock right now? 25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Target in the last twelve months. There are currently 8 hold ratings, 16 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" Target stock. View analyst ratings for Target or view top-rated stocks. What is Target's stock price forecast for 2022? 25 Wall Street research analysts have issued twelve-month price targets for Target's stock. Their TGT stock forecasts range from $150.00 to $280.00. On average, they anticipate Target's share price to reach $193.04 in the next year. This suggests a possible upside of 36.0% from the stock's current price. View analysts' price targets for Target or view top-rated stocks among Wall Street analysts. How has Target's stock performed in 2022? Target's stock was trading at $231.44 at the beginning of 2022. Since then, TGT stock has decreased by 38.7% and is now trading at $141.90. View the best growth stocks for 2022 here. Are investors shorting Target? Target saw a increase in short interest in May. As of May 31st, there was short interest totaling 10,660,000 shares, an increase of 27.4% from the May 15th total of 8,370,000 shares. Based on an average trading volume of 5,730,000 shares, the days-to-cover ratio is currently 1.9 days. View Target's Short Interest. When is Target's next earnings date? Target is scheduled to release its next quarterly earnings announcement on Wednesday, August 17th 2022. View our earnings forecast for Target. How were Target's earnings last quarter? Target Co. (NYSE:TGT) released its quarterly earnings results on Wednesday, May, 18th. The retailer reported $2.19 EPS for the quarter, missing analysts' consensus estimates of $3.07 by $0.88. The retailer earned $24.83 billion during the quarter, compared to analysts' expectations of $24.48 billion. Target had a trailing twelve-month return on equity of 44.75% and a net margin of 5.48%. Target's revenue was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.69 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, June 9th. Shareholders of record on Wednesday, August 17th will be paid a dividend of $1.08 per share on Saturday, September 10th. This represents a $4.32 annualized dividend and a yield of 3.04%. The ex-dividend date of this dividend is Tuesday, August 16th. This is a positive change from Target's previous quarterly dividend of $0.90. View Target's dividend history. Is Target a good dividend stock? Target(NYSE:TGT) pays an annual dividend of $3.60 per share and currently has a dividend yield of 2.49%. Target has been increasing its dividend for 52 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Target is 29.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Target will have a dividend payout ratio of 29.10% next year. This indicates that Target will be able to sustain or increase its dividend. View Target's dividend history. How will Target's stock buyback program work? Target announced that its Board of Directors has approved a share buyback plan on Wednesday, August 18th 2021, which authorizes the company to repurchase $15,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 12.4% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board believes its stock is undervalued. Who are Target's key executives? Target's management team includes the following people: Mr. Brian C. Cornell, Chairman & CEO (Age 63, Pay $6.01M) (LinkedIn Profile)Mr. Michael J. Fiddelke, Exec. VP & CFO (Age 45, Pay $1.89M) (LinkedIn Profile)Mr. John J. Mulligan, Exec. VP & COO (Age 56, Pay $4.06M)Mr. Don H. Liu, Exec. VP, Chief Legal & Risk Officer, Chief Compliance Officer and Corp. Sec. (Age 60, Pay $1.72M) (LinkedIn Profile)Mr. Michael Edward McNamara, Strategic Advisor (Age 57, Pay $1.91M) (LinkedIn Profile)Mr. Matthew A. Liegel, Chief Accounting Officer (Age 45)Mr. Brett Craig, Exec. VP & Chief Information OfficerMr. John Hulbert, VP of Investor RelationsMr. Matt Zabel, Exec. VP & Gen. Counsel (Age 54)Ms. Katie M. Boylan, Exec. VP & Chief Communications Officer (Age 45) (LinkedIn Profile) What is Brian Cornell's approval rating as Target's CEO? 10,048 employees have rated Target CEO Brian Cornell on Glassdoor.com. Brian Cornell has an approval rating of 78% among Target's employees. Who are some of Target's key competitors? Some companies that are related to Target include Costco Wholesale (COST), Wal-Mart de México (WMMVY), Dollar General (DG), Dollar Tree (DLTR), Tesco (TSCDY), BJ's Wholesale Club (BJ), Five Below (FIVE), Ollie's Bargain Outlet (OLLI), MINISO Group (MNSO), PriceSmart (PSMT), Big Lots (BIG), Tuesday Morning (TUESQ), Tuesday Morning (TUEM) and Fred's (FREDQ). View all of TGT's competitors. 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), Walmart (WMT), AT&T (T), Walt Disney (DIS), Johnson & Johnson (JNJ), Home Depot (HD), Verizon Communications (VZ), Intel (INTC), Alibaba Group (BABA) and Cisco Systems (CSCO). What is Target's stock symbol? Target trades on the New York Stock Exchange (NYSE) under the ticker symbol "TGT." 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Target's stock price today? One share of TGT stock can currently be purchased for approximately $141.90. How much money does Target make? Target (NYSE:TGT) has a market capitalization of $65.80 billion and generates $106.01 billion in revenue each year. The retailer earns $6.95 billion in net income (profit) each year or $12.059990 on an earnings per share basis. How many employees does Target have? Target employs 450,000 workers across the globe. Does Target have any subsidiaries? The following companies are subsidiares of Target: A Bullseye View, Associated Merchandising Corporation, Chefs Catalog, Cooking.com, Deliv, DermStore, Fedco, Grand Junction, PoweredAnalytics, Shipt, Sonia Kashuk, Target Brands Inc., Target Enterprise Inc., and Target General Merchandise Inc..Read More When was Target founded? Target was founded in 1902. How can I contact Target? Target's mailing address is 1000 NICOLLET MALL, MINNEAPOLIS MN, 55403. The official website for Target is www.target.com. The retailer can be reached via phone at (612) 304-6073, via email at [email protected], or via fax at 612-761-5555. This page (NYSE:TGT) was last updated on 6/30/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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