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NYSE:TGTTarget Stock Price, Forecast & News

$118.86
+0.96 (+0.81 %)
(As of 07/10/2020 04:00 PM ET)
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Today's Range
$117.06
Now: $118.86
$118.98
50-Day Range
$115.12
MA: $119.20
$122.43
52-Week Range
$80.03
Now: $118.86
$130.24
Volume2.04 million shs
Average Volume4.11 million shs
Market Capitalization$59.43 billion
P/E Ratio22.01
Dividend Yield2.22%
Beta0.79
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.4Community Rank: 4.2Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.73 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$78.11 billion
Cash Flow$11.64 per share
Book Value$23.35 per share

Profitability

Net Income$3.28 billion

Miscellaneous

Employees368,000
Market Cap$59.43 billion
Next Earnings Date8/19/2020 (Estimated)
OptionableOptionable

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Target (NYSE:TGT) Frequently Asked Questions

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

Target's stock was trading at $105.58 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, TGT stock has increased by 12.6% and is now trading at $118.86. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Target?

26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Target in the last year. There are currently 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, August 19th 2020. View our earnings forecast for Target.

How were Target's earnings last quarter?

Target Co. (NYSE:TGT) issued its quarterly earnings results on Wednesday, May, 20th. The retailer reported $0.59 earnings per share for the quarter, topping analysts' consensus estimates of $0.40 by $0.19. The retailer had revenue of $19.37 billion for the quarter, compared to analyst estimates of $19.04 billion. Target had a return on equity of 24.17% and a net margin of 3.46%. The company's revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.53 earnings per share. 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, June 11th. Stockholders of record on Wednesday, August 19th will be given a dividend of $0.68 per share on Thursday, September 10th. This represents a $2.72 dividend on an annualized basis and a yield of 2.29%. The ex-dividend date is Tuesday, August 18th. This is an increase from Target's previous quarterly dividend of $0.66. View Target's dividend history.

How will Target's stock buyback program work?

Target declared that its Board of Directors has authorized a share buyback program on Thursday, September 19th 2019, which permits the company to repurchase $5,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 9.1% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board of directors believes its stock is undervalued.

What price target have analysts set for TGT?

26 brokerages have issued 12 month price targets for Target's stock. Their forecasts range from $110.00 to $150.00. On average, they expect Target's share price to reach $128.96 in the next twelve months. This suggests a possible upside of 8.5% from the stock's current price. View analysts' price targets for Target.

Has Target been receiving favorable news coverage?

News coverage about TGT stock has been trending very negative this week, InfoTrie reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news 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 -3.2 on InfoTrie's scale. They also assigned news coverage about the retailer a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about Target.

Are investors shorting Target?

Target saw a drop in short interest during the month of June. As of June 15th, there was short interest totaling 17,550,000 shares, a drop of 6.3% from the May 31st total of 18,720,000 shares. Based on an average daily volume of 6,450,000 shares, the short-interest ratio is presently 2.7 days. Approximately 3.5% of the shares of the stock are short sold. View Target's Current Options Chain.

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), Walt Disney (DIS), Walmart (WMT), AT&T (T), Alibaba Group (BABA), Johnson & Johnson (JNJ), Home Depot (HD), Verizon Communications (VZ), Cisco Systems (CSCO) and Netflix (NFLX).

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."

Who are Target's major shareholders?

Target's stock is owned by many different institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.13%), Park National Corp OH (0.06%), Hexavest Inc. (0.06%), Wedge Capital Management L L P NC (0.05%), State of Alaska Department of Revenue (0.03%) and Gradient Investments LLC (0.02%). Company insiders that own Target stock include Brian C Cornell, 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 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 Hexavest Inc., 6 Meridian, Wedge Capital Management L L P NC, State of Alaska Department of Revenue, Park National Corp OH, Municipal Employees Retirement System of Michigan, Whittier Trust Co., and Stolper Co. Company insiders that have sold Target company stock in the last year include Brian C Cornell, Cathy R Smith, Don H Liu, Laysha Ward, Mark J Tritton, Michael Edward Mcnamara, Robert M Harrison, Roxanne S Austin, and Stephanie A Lundquist. View insider buying and selling activity for Target.

Which institutional investors are buying Target stock?

TGT stock was acquired by a variety of institutional investors in the last quarter, including Abner Herrman & Brock LLC, Gradient Investments LLC, Envestnet Asset Management Inc., Canandaigua National Corp, Hoey Investments Inc., Livforsakringsbolaget Skandia Omsesidigt, American National Bank, and First Financial Bank Trust Division. View insider buying and selling activity 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 $118.86.

How big of a company is Target?

Target has a market capitalization of $59.43 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 7/12/2020 by MarketBeat.com Staff

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