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 Date3/3/2020 (Confirmed)
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, January 9th. Stockholders of record on Wednesday, February 19th will be paid a dividend of $0.66 per share on Tuesday, March 10th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 2.23%. The ex-dividend date is Tuesday, February 18th. View Target's Dividend History.
How will Target's stock buyback program work?
Target announced that its Board of Directors has authorized a stock repurchase plan on Thursday, September 19th 2019, which permits the company to buyback $5,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 9.1% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's management believes its shares are undervalued.
How were Target's earnings last quarter?
Target Co. (NYSE:TGT) posted its earnings results on Wednesday, November, 20th. The retailer reported $1.36 EPS for the quarter, beating the Zacks' consensus estimate of $1.19 by $0.17. The retailer had revenue of $18.41 billion for the quarter, compared to analyst estimates of $18.45 billion. Target had a net margin of 4.18% and a return on equity of 28.22%. Target's quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.09 earnings per share. View Target's Earnings History.
When is Target's next earnings date?
What guidance has Target issued on next quarter's earnings?
Target issued an update on its fourth quarter earnings guidance on Wednesday, January, 15th. The company provided earnings per share guidance of ~$1.54-1.74 for the period, compared to the Thomson Reuters consensus estimate of $1.65.
What price target have analysts set for TGT?
22 brokerages have issued twelve-month target prices for Target's shares. Their forecasts range from $76.05 to $150.00. On average, they anticipate Target's share price to reach $119.62 in the next year. This suggests a possible upside of 1.2% from the stock's current price. View Analyst Price Targets for Target.
What is the consensus analysts' recommendation for Target?
22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Target in the last year. There are currently 5 hold ratings, 16 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Target.
Has Target been receiving favorable news coverage?
News articles about TGT stock have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Target earned a media sentiment score of -1.9 on InfoTrie's scale. They also gave media headlines about the retailer a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact 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 during the month of January. As of January 31st, there was short interest totalling 15,390,000 shares, an increase of 20.6% from the January 15th total of 12,760,000 shares. Based on an average daily trading volume, of 5,410,000 shares, the days-to-cover ratio is presently 2.8 days. Approximately 3.1% of the shares of the stock are sold short. View Target's Current Options Chain.
Who are some of Target's key competitors?
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 a variety of of retail and institutional investors. Top institutional investors include State Street Corp (8.27%), Capital World Investors (3.17%), Geode Capital Management LLC (1.57%), LSV Asset Management (1.24%), Bank of New York Mellon Corp (1.13%) and Renaissance Technologies LLC (1.12%). 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 major investors are selling Target stock?
TGT stock was sold by a variety of institutional investors in the last quarter, including Barrow Hanley Mewhinney & Strauss LLC, Bank of New York Mellon Corp, Capital World Investors, State Street Corp, PGGM Investments, Bessemer Group Inc., Alyeska Investment Group L.P. and LSV Asset Management. 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 major investors are buying Target stock?
TGT stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Janus Henderson Group PLC, GQG Partners LLC, Bank of Montreal Can, FIL Ltd, AQR Capital Management LLC, Alliancebernstein L.P. and Victory Capital Management 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 $118.26.
How big of a company is Target?
Target has a market capitalization of $59.93 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.
