NYSE:TGT Target Stock Forecast, Price & News Adding Choose a 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. Log In and Add $157.42 +0.48 (+0.31 %) (As of 09/30/2020 12:00 AM ET) Add Compare Share Today's Range$156.50Now: $157.42▼$159.1550-Day Range$131.72MA: $147.69▼$156.9452-Week Range$90.17Now: $157.42▼$159.15Volume2.81 million shsAverage Volume5.29 million shsMarket Capitalization$78.81 billionP/E Ratio22.72Dividend Yield1.73%Beta0.87 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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 Beat the Market (BTM) Rank™ 2.4 Analyst's Opinion Consensus RatingTarget has received a consensus rating of Buy. The company's average rating score is 2.78, and is based on 18 buy ratings, 6 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $138.45, Target has a forecasted downside of 12.0% from its current price of $157.42.Amount of Analyst CoverageTarget has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.2 Community Rank Outperform VotesTarget has received 7,268 “outperform” votes. (Add your “outperform” vote.)Underperform VotesTarget has received 1,437 “underperform” votes. (Add your “underperform” vote.)Community SentimentTarget has received 83.49% “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 1.73%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthTarget has been increasing its dividend for 17 years.Dividend CoverageThe dividend payout ratio of Target is 42.57%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Target will have a dividend payout ratio of 35.37% next year. This indicates that Target will be able to sustain or increase its dividend. Previous Next 1.0 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 $23,664,760.00 in company stock.Percentage Held by InsidersOnly 0.52% of the stock of Target is held by insiders.Percentage Held by Institutions80.87% 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 1.3 Earnings and Valuation Earnings GrowthEarnings for Target are expected to grow by 7.55% in the coming year, from $7.15 to $7.69 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Target is 22.72, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.65.Price to Earnings Ratio vs. SectorThe P/E ratio of Target is 22.72, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 32.14.Price to Earnings Growth RatioTarget has a PEG Ratio of 2.86. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioTarget has a P/B Ratio of 6.74. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.4Community Rank: 4.2Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.60 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Variety stores Sub-IndustryGeneral Merchandise Stores SectorRetail/Wholesale Current SymbolNYSE:TGT Previous Symbol CUSIP87612E10 CIK27419 Webwww.target.com Phone612-304-6073Debt Debt-to-Equity Ratio1.13 Current Ratio1.11 Quick Ratio0.55Price-To-Earnings Trailing P/E Ratio22.72 Forward P/E Ratio22.02 P/E Growth2.86 Sales & Book Value Annual Sales$78.11 billion Price / Sales1.01 Cash Flow$12.41 per share Price / Cash Flow12.68 Book Value$23.35 per share Price / Book6.74Profitability EPS (Most Recent Fiscal Year)$6.39 Net Income$3.28 billion Net Margins4.16% Return on Equity30.25% Return on Assets7.95%Miscellaneous Employees368,000 Outstanding Shares500,618,000Market Cap$78.81 billion Next Earnings Date11/18/2020 (Estimated) OptionableOptionable $157.42 +0.48 (+0.31 %) (As of 09/30/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart 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 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. Since then, TGT shares have increased by 49.1% and is now trading at $157.42. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Target? 27 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 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, November 18th 2020. View our earnings forecast for Target. How were Target's earnings last quarter? Target Co. (NYSE:TGT) issued its quarterly earnings data on Wednesday, August, 19th. The retailer reported $3.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.64 by $1.74. The retailer earned $22.98 billion during the quarter, compared to the consensus estimate of $20.11 billion. Target had a net margin of 4.16% and a return on equity of 30.25%. The business's revenue was up 24.7% on a year-over-year basis. During the same period in the previous year, the company earned $1.82 EPS. 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, September 24th. Stockholders of record on Wednesday, November 18th will be paid a dividend of $0.68 per share on Thursday, December 10th. This represents a $2.72 annualized dividend and a yield of 1.73%. The ex-dividend date of this dividend is Tuesday, November 17th. View Target's dividend history. How will Target's stock buyback program work? Target announced that its Board of Directors has initiated a stock repurchase program on Thursday, September 19th 2019, which authorizes the company to repurchase $5,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 9.1% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's board of directors believes its stock is undervalued. What price target have analysts set for TGT? 27 Wall Street analysts have issued twelve-month price targets for Target's stock. Their forecasts range from $105.00 to $180.00. On average, they anticipate Target's stock price to reach $138.45 in the next twelve months. This suggests that the stock has a possible downside of 12.0%. View analysts' price targets for Target. Are investors shorting Target? Target saw a drop in short interest in August. As of August 14th, there was short interest totaling 8,860,000 shares, a drop of 30.0% from the July 30th total of 12,650,000 shares. Based on an average daily trading volume, of 4,800,000 shares, the days-to-cover ratio is currently 1.8 days. Approximately 1.8% of the company's stock are short sold. View Target's Short Interest. 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). View all 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 AbbVie (ABBV). 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." 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 $157.42. How big of a company is Target? Target has a market capitalization of $78.81 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. What is Target's official website? The official website for Target is 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 9/30/2020 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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