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NYSE:TGT - Target Stock Price, Forecast & News

$117.01
-1.25 (-1.06 %)
(As of 02/23/2020 11:37 AM ET)
Today's Range
$116.80
Now: $117.01
$118.88
50-Day Range
$110.74
MA: $117.82
$126.05
52-Week Range
$70.03
Now: $117.01
$130.24
Volume3.86 million shs
Average Volume3.82 million shs
Market Capitalization$59.29 billion
P/E Ratio18.69
Dividend Yield2.23%
Beta0.57
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. Read More…

Industry, Sector and Symbol

Industry Variety stores
Sub-IndustryGeneral Merchandise Stores
SectorRetail/Wholesale
CUSIP87612E10
Phone612-304-6073

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$75.36 billion
Cash Flow$10.15 per share
Book Value$21.65 per share

Profitability

Net Income$2.94 billion

Miscellaneous

Employees360,000
Market Cap$59.29 billion
Next Earnings Date3/3/2020 (Confirmed)
OptionableOptionable

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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 declared a quarterly dividend on Thursday, January 9th. Investors 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 2.26%. 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 has approved a stock buyback program 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 programs are typically an indication that the company's leadership believes its shares are undervalued.

How were Target's earnings last quarter?

Target Co. (NYSE:TGT) announced its earnings results on Wednesday, November, 20th. The retailer reported $1.36 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.19 by $0.17. The retailer had revenue of $18.41 billion for the quarter, compared to the consensus estimate of $18.45 billion. Target had a net margin of 4.18% and a return on equity of 28.22%. Target's revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.09 earnings per share. View Target's Earnings History.

When is Target's next earnings date?

Target is scheduled to release their next quarterly earnings announcement on Tuesday, March 3rd 2020. View Earnings Estimates for Target.

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 (EPS) guidance of ~$1.54-1.74 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.65.

What price target have analysts set for TGT?

22 equities research analysts have issued 12 month price targets for Target's shares. Their forecasts range from $76.05 to $150.00. On average, they expect Target's stock price to reach $119.62 in the next twelve months. This suggests a possible upside of 2.2% 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 trended very negative recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Target earned a coverage optimism score of -3.6 on InfoTrie's scale. They also assigned news articles about the retailer a news buzz of 0.0 out of 10, indicating that recent news 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 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 volume of 5,410,000 shares, the days-to-cover ratio is presently 2.8 days. Currently, 3.1% of the shares of the company are short sold. View Target's Current Options Chain.

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 (FRED).

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), AT&T (T), Walmart (WMT), Walt Disney (DIS), Alibaba Group (BABA), Home Depot (HD), Cisco Systems (CSCO), Intel (INTC), Micron Technology (MU) and Verizon Communications (VZ).

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 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 $117.01.

How big of a company is Target?

Target has a market capitalization of $59.29 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?

The official website for Target is http://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]


MarketBeat Community Rating for Target (NYSE TGT)

Community Ranking:  4.2 out of 5 (star star star star)
Outperform Votes:  7,208 (Vote Outperform)
Underperform Votes:  1,395 (Vote Underperform)
Total Votes:  8,603
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.
This page was last updated on 2/23/2020 by MarketBeat.com Staff

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