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NYSE:TGT

Target - TGT Stock Forecast, Price & News

$148.71
-3.90 (-2.56%)
(As of 09/26/2022 12:00 AM ET)
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Compare
Today's Range
$147.37
$152.51
50-Day Range
$148.71
$180.19
52-Week Range
$137.16
$268.98
Volume
3.94 million shs
Average Volume
4.80 million shs
Market Capitalization
$68.45 billion
P/E Ratio
16.90
Dividend Yield
2.83%
Price Target
$193.67

Target MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.74 Rating Score
Upside/​Downside
30.2% Upside
$193.67 Price Target
Short Interest
Healthy
1.72% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.81
Upright™ Environmental Score
News Sentiment
0.25mentions of Target in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$6.70 M Sold Last Quarter
Proj. Earnings Growth
48.71%
From $8.11 to $12.06 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.09 out of 5 stars

Retail/Wholesale Sector

5th out of 209 stocks

Variety Stores Industry

1st out of 11 stocks

TGT stock logo

About Target (NYSE:TGT) Stock

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.

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TGT Stock News Headlines

Target Co. (TGT) To Go Ex-Dividend on November 15th
Target Co. (NYSE:TGT) Insider Sells $6,491,548.02 in Stock
Target (NYSE:TGT) Coverage Initiated at KeyCorp
Regulators Are Targeting Short Sellers in Big Tech Stocks
Should You Short Target (TGT) Stock Now?
3 Cheap Stocks With High Price Targets
Target (TGT) Stock Slips on Earnings Miss
Why Is Target (TGT) Stock in the Spotlight Today?
Are We Beyond the Worst?
3 Quality Dividend Stocks With No Russia Exposure
See More Headlines
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TGT Company Calendar

Ex-Dividend for 9/10 Dividend
8/16/2022
Last Earnings
8/17/2022
Dividend Payable
9/10/2022
Today
9/26/2022
Next Earnings (Estimated)
11/16/2022
Fiscal Year End
1/31/2023

Industry, Sector and Symbol

Industry
Variety stores
Sub-Industry
General Merchandise Stores
CUSIP
87612E10
Employees
450,000
Year Founded
1902

Price Target and Rating

Average Stock Price Forecast
$193.67
High Stock Price Forecast
$235.00
Low Stock Price Forecast
$161.00
Forecasted Upside/Downside
+30.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.74
Research Coverage
27 Analysts

Profitability

Net Income
$6.95 billion
Pretax Margin
5.00%

Debt

Sales & Book Value

Annual Sales
$106.01 billion
Cash Flow
$18.97 per share
Book Value
$26.77 per share

Miscellaneous

Free Float
458,928,000
Market Cap
$68.45 billion
Optionable
Optionable
Beta
1.02

Social Links


Key Executives

  • Mr. Brian C. CornellMr. Brian C. Cornell (Age 63)
    Chairman & CEO
    Comp: $6.01M
  • Mr. Michael J. FiddelkeMr. Michael J. Fiddelke (Age 45)
    Exec. VP & CFO
    Comp: $1.89M
  • Mr. John J. MulliganMr. John J. Mulligan (Age 56)
    Exec. VP & COO
    Comp: $4.06M
  • Mr. Don H. LiuMr. Don H. Liu (Age 60)
    Exec. VP, Chief Legal & Risk Officer, Chief Compliance Officer and Corp. Sec.
    Comp: $1.72M
  • Mr. Michael Edward McNamaraMr. Michael Edward McNamara (Age 57)
    Strategic Advisor
    Comp: $1.91M
  • Mr. Matthew A. LiegelMr. Matthew A. Liegel (Age 45)
    Chief Accounting Officer
  • Mr. Brett Craig
    Exec. VP & Chief Information Officer
  • Mr. John Hulbert
    VP of Investor Relations
  • Mr. Matt Zabel (Age 54)
    Exec. VP & Gen. Counsel
  • Ms. Katie M. BoylanMs. Katie M. Boylan (Age 45)
    Exec. VP & Chief Communications Officer













TGT Stock - Frequently Asked Questions

Should I buy or sell Target stock right now?

27 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Target in the last twelve months. There are currently 8 hold ratings, 18 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" TGT shares.
View TGT analyst ratings
or view top-rated stocks.

What is Target's stock price forecast for 2022?

27 brokerages have issued 12-month price objectives for Target's stock. Their TGT share price forecasts range from $161.00 to $235.00. On average, they anticipate the company's stock price to reach $193.67 in the next twelve months. This suggests a possible upside of 27.9% from the stock's current price.
View analysts price targets for TGT
or view top-rated stocks among Wall Street analysts.

How have TGT shares performed in 2022?

Target's stock was trading at $231.44 on January 1st, 2022. Since then, TGT stock has decreased by 34.6% and is now trading at $151.45.
View the best growth stocks for 2022 here
.

When is Target's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 16th 2022.
View our TGT earnings forecast
.

How were Target's earnings last quarter?

Target Co. (NYSE:TGT) released its quarterly earnings data on Wednesday, August, 17th. The retailer reported $0.39 EPS for the quarter, missing the consensus estimate of $0.71 by $0.32. The retailer had revenue of $26.04 billion for the quarter, compared to analyst estimates of $26.07 billion. Target had a net margin of 3.92% and a trailing twelve-month return on equity of 35.15%. The business's revenue for the quarter was up 4.9% compared to the same quarter last year. During the same quarter last year, the company earned $3.64 earnings per share.
Read the conference call transcript
.

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

Target declared a quarterly dividend on Thursday, September 22nd. Stockholders of record on Wednesday, November 16th will be given a dividend of $1.08 per share on Saturday, December 10th. This represents a $4.32 annualized dividend and a dividend yield of 2.85%. The ex-dividend date of this dividend is Tuesday, November 15th.
Read our dividend analysis for TGT
.

Is Target a good dividend stock?

Target (NYSE:TGT) pays an annual dividend of $4.32 per share and currently has a dividend yield of 2.83%. The company 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 is 49.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TGT will have a dividend payout ratio of 35.82% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TGT.

How will Target's stock buyback program work?

Target declared that its board has approved a share repurchase program on Wednesday, August 18th 2021, which allows the company to repurchase $15,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 12.4% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's board believes its shares are undervalued.

What is Brian Cornell's approval rating as Target's CEO?

10,048 employees have rated Target Chief Executive Officer Brian Cornell on Glassdoor.com. Brian Cornell has an approval rating of 78% among the company's employees.

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."

Who are Target's major shareholders?

Target's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include State Street Corp (7.19%), Massachusetts Financial Services Co. MA (1.46%), Northern Trust Corp (1.27%), FMR LLC (0.95%), Franklin Resources Inc. (0.95%) and Legal & General Group Plc (0.88%). Insiders that own company stock include Brian C Cornell, Brian C Cornell, Cara A Sylvester, Christina Hennington, Don H Liu, Don H Liu, Jill Sando, John J Mulligan, Katie M Boylan, Mark Schindele, Matthew A Liegel, Michael Edward Mcnamara, Michael J Fiddelke, Robert M Harrison, Robert M Harrison, Roxanne S Austin, Stephanie A Lundquist and Stephen A Vintz.
View institutional ownership trends
.

How do I buy shares of Target?

Shares of TGT stock 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 $151.45.

How much money does Target make?

Target (NYSE:TGT) has a market capitalization of $69.71 billion and generates $106.01 billion in revenue each year. The retailer earns $6.95 billion in net income (profit) each year or $8.80 on an earnings per share basis.

How many employees does Target have?

The company 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
How can I contact Target?

Target's mailing address is 1000 NICOLLET MALL, MINNEAPOLIS MN, 55403. The official website for the company is www.target.com. The retailer can be reached via phone at (612) 304-6073, via email at investorrelations@target.com, or via fax at 612-761-5555.

This page (NYSE:TGT) was last updated on 9/26/2022 by MarketBeat.com Staff

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