NYSE:TGT

Target Stock Forecast, Price & News

$231.85
-1.22 (-0.52 %)
(As of 06/15/2021 09:57 AM ET)
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Today's Range
$231.70
$233.00
50-Day Range
$202.96
$235.10
52-Week Range
$115.23
$236.80
Volume9,570 shs
Average Volume3.71 million shs
Market Capitalization$114.70 billion
P/E Ratio18.91
Dividend Yield1.17%
Beta1
30 days | 90 days | 365 days | Advanced Chart
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Target logo

About Target

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 January 30, 2021, the company operated approximately 1,897 stores. Target Corporation was founded in 1902 and is headquartered in Minneapolis, Minnesota.

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MarketRank

Overall MarketRank

2.70 out of 5 stars

Retail/Wholesale Sector

1st out of 402 stocks

Variety Stores Industry

1st out of 17 stocks

Analyst Opinion: 2.4Community Rank: 4.2Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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Target (NYSE:TGT) Frequently Asked Questions

Is Target a buy right now?

20 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Target in the last year. There are currently 4 hold ratings, 15 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Target stock.
View analyst ratings for Target
or view top-rated stocks.

What stocks does MarketBeat like better than Target?

Wall Street analysts have given Target a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Target wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Target?

Target saw a increase in short interest in the month of May. As of May 28th, there was short interest totaling 9,100,000 shares, an increase of 69.8% from the May 13th total of 5,360,000 shares. Based on an average daily volume of 3,300,000 shares, the short-interest ratio is currently 2.8 days. Approximately 1.9% of the shares of the stock are short sold.
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 18th 2021.
View our earnings forecast for Target
.

How were Target's earnings last quarter?

Target Co. (NYSE:TGT) posted its quarterly earnings results on Tuesday, May, 18th. The retailer reported $3.69 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.25 by $1.44. The retailer earned $23.88 billion during the quarter, compared to the consensus estimate of $21.13 billion. Target had a trailing twelve-month return on equity of 45.70% and a net margin of 6.30%. Target's quarterly revenue was up 23.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.59 EPS.
View Target's earnings history
.

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

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 (WHO). Since then, TGT shares have increased by 120.8% and is now trading at $233.07.
View which stocks have been most impacted by COVID-19
.

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

Target announced a quarterly dividend on Wednesday, June 9th. Shareholders of record on Wednesday, August 18th will be given a dividend of $0.90 per share on Friday, September 10th. This represents a $3.60 annualized dividend and a yield of 1.54%. The ex-dividend date of this dividend is Tuesday, August 17th. This is a boost from Target's previous quarterly dividend of $0.68.
View Target's dividend history
.

Is Target a good dividend stock?

Target pays an annual dividend of $2.72 per share and currently has a dividend yield of 1.17%. Target has been increasing its dividend for 50 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Target is 28.87%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Target will have a dividend payout ratio of 22.90% 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 declared that its board has approved a share buyback program on Thursday, September 19th 2019, which allows the company to buyback $5,000,000,000.00 in outstanding 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 programs are usually an indication that the company's management believes its shares are undervalued.

What price target have analysts set for TGT?

20 brokers have issued 1-year price objectives for Target's stock. Their forecasts range from $188.00 to $265.00. On average, they expect Target's stock price to reach $234.06 in the next twelve months. This suggests a possible upside of 0.4% from the stock's current price.
View analysts' price targets for Target
or view top-rated stocks among Wall Street analysts.

Who are Target's key executives?

Target's management team includes the following people:
  • Mr. Brian C. Cornell, Chairman & CEO (Age 62, Pay $7.49M)
  • Mr. Michael J. Fiddelke, Exec. VP & CFO (Age 44, Pay $1.96M) (LinkedIn Profile)
  • Mr. John J. Mulligan, Exec. VP & COO (Age 55, Pay $5.84M) (LinkedIn Profile)
  • Mr. Michael Edward McNamara, Exec. VP & Chief Information Officer (Age 56, Pay $2.28M) (LinkedIn Profile)
  • Mr. Don H. Liu, Exec. VP, Chief Legal & Risk Officer, Chief Compliance Officer and Corp. Sec. (Age 59, Pay $2.06M) (LinkedIn Profile)
  • Mr. Robert M. Harrison, Sr. VP, Chief Accounting Officer & Controller
  • Mr. John Hulbert, VP of Investor Relations
  • Ms. Katie Boylan, Exec. VP & Chief Communications Officer (Age 44)
  • Ms. Cara Sylvester, Exec. VP and Chief Marketing & Digital Officer (Age 43) (LinkedIn Profile)
  • Ms. Melissa K. Kremer, Exec. VP & Chief HR Officer (Age 43) (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?

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), The Walt Disney (DIS), Johnson & Johnson (JNJ), The 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."

Who are Target's major shareholders?

Target's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.79%), Ameriprise Financial Inc. (1.87%), Geode Capital Management LLC (1.58%), Northern Trust Corp (1.33%), Franklin Resources Inc. (0.95%) and Jennison Associates LLC (0.91%). Company insiders that own Target stock include Brian C Cornell, Cara A Sylvester, Cathy R Smith, Christina Hennington, Don H Liu, Katie M Boylan, Laysha Ward, Mark J Tritton, Mark Schindele, 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 Renaissance Technologies LLC, Franklin Resources Inc., LSV Asset Management, Nordea Investment Management AB, Schafer Cullen Capital Management Inc, Atreides Management LP, Dimensional Fund Advisors LP, and Boston Partners. Company insiders that have sold Target company stock in the last year include Brian C Cornell, Cara A Sylvester, Christina Hennington, Don H Liu, Katie M Boylan, Mark Schindele, Michael Edward Mcnamara, Robert M Harrison, and Stephanie A Lundquist.
View insider buying and selling activity for Target
or view top insider-selling stocks.

Which institutional investors are buying Target stock?

TGT stock was purchased by a variety of institutional investors in the last quarter, including Jennison Associates LLC, BlackRock Inc., Healthcare of Ontario Pension Plan Trust Fund, Arrowstreet Capital Limited Partnership, Cullen Capital Management LLC, Prentice Wealth Management LLC, Ameriprise Financial Inc., and Canada Pension Plan Investment Board.
View insider buying and selling activity for Target
or or view top insider-buying stocks.

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 $233.07.

How much money does Target make?

Target has a market capitalization of $115.31 billion and generates $93.56 billion in revenue each year. The retailer earns $4.37 billion in net income (profit) each year or $9.42 on an earnings per share basis.

How many employees does Target have?

Target employs 409,000 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. (MN), Target Capital Corporation (MN), Target Enterprise Inc. (MN), and Target General Merchandise Inc. (MN).

When was Target founded?

Target was founded in 1902.

What is Target's official website?

The official website for Target is www.target.com.

Where are Target's headquarters?

Target is headquartered at 1000 NICOLLET MALL, MINNEAPOLIS MN, 55403.

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 6/15/2021 by MarketBeat.com Staff
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