NYSE:TGTTarget Stock Price, Forecast & 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 $92.57 -1.79 (-1.90 %) (As of 04/3/2020 04:00 PM ET) Add Compare Share Today's Range$90.17Now: $92.57▼$94.1350-Day Range$91.04MA: $105.29▼$118.2852-Week Range$70.03Now: $92.57▼$130.24Volume6.74 million shsAverage Volume7.56 million shsMarket Capitalization$46.37 billionP/E Ratio14.53Dividend Yield2.80%Beta0.65 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial 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™ 4.4 Analyst's Opinion Consensus RatingTarget has received a consensus rating of Buy. The company's average rating score is 2.82, and is based on 14 buy ratings, 6 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $124.38, Target has a potential upside of 34.4% from its current price of $92.57.Amount of Analyst CoverageTarget has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.2 Community Rank Outperform VotesTarget has received 7,243 “outperform” votes. (Add your “outperform” vote.)Underperform VotesTarget has received 1,427 “underperform” votes. (Add your “underperform” vote.)Community SentimentTarget has received 83.54% “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 5.0 Dividend Strength Dividend LeadershipTarget is a leading dividend payer. It pays a dividend yield of 2.80%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthTarget has been increasing its dividend for 52 years.Dividend CoverageThe dividend payout ratio of Target is 41.31 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Target will have a dividend payout ratio of 35.97 % 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 $114,321.00 in company stock.Percentage Held by InsidersOnly 0.24% of the stock of Target is held by insiders.Percentage Held by Institutions82.14% 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 0.6 Earnings and Valuation Earnings GrowthEarnings for Target are expected to grow by 11.38% in the coming year, from $6.59 to $7.34 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Target is 14.53, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 11.03.Price to Earnings Ratio vs. SectorThe P/E ratio of Target is 14.53, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 14.37.Price to Earnings Growth RatioTarget has a PEG Ratio of 1.82. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioTarget has a P/B Ratio of 3.92. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.4Community Rank: 4.2Dividend Strength: 5.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™3.05 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 Webhttp://www.target.com/ Phone612-304-6073Debt Debt-to-Equity Ratio1.15 Current Ratio0.89 Quick Ratio0.27Price-To-Earnings Trailing P/E Ratio14.53 Forward P/E Ratio14.05 P/E Growth1.82 Sales & Book Value Annual Sales$78.11 billion Price / Sales0.59 Cash Flow$11.41 per share Price / Cash Flow8.11 Book Value$23.62 per share Price / Book3.92Profitability EPS (Most Recent Fiscal Year)$6.39 Net Income$3.28 billion Net Margins4.20% Return on Equity28.46% Return on Assets7.81%Miscellaneous Employees368,000 Outstanding Shares500,960,000Market Cap$46.37 billion Next Earnings Date5/27/2020 (Estimated) OptionableOptionable 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. TGT Rates by TradingView 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 COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, TGT stock has decreased by 12.3% and is now trading at $92.57. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Target? 22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Target in the last year. There are currently 6 hold ratings, 14 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, May 27th 2020. View our earnings forecast for Target. How were Target's earnings last quarter? Target Co. (NYSE:TGT) released its earnings results on Tuesday, March, 3rd. The retailer reported $1.69 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.66 by $0.03. The retailer had revenue of $23.40 billion for the quarter, compared to the consensus estimate of $23.45 billion. Target had a net margin of 4.20% and a return on equity of 28.46%. Target's revenue was up 1.8% on a year-over-year basis. During the same period last year, the company posted $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, March 12th. Stockholders of record on Wednesday, May 20th will be paid a dividend of $0.66 per share on Wednesday, June 10th. This represents a $2.64 annualized dividend and a dividend yield of 2.85%. The ex-dividend date of this dividend is Tuesday, May 19th. View Target's dividend history. How will Target's stock buyback program work? Target declared that its board has approved a share repurchase program on Thursday, September 19th 2019, which authorizes the company to buyback $5,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 9.1% of its stock through open market purchases. Stock buyback programs are often an indication that the company's board believes its shares are undervalued. What guidance has Target issued on next quarter's earnings? Target updated its FY21 earnings guidance on Tuesday, March, 3rd. The company provided earnings per share (EPS) guidance of $6.70-7.00 for the period, compared to the Thomson Reuters consensus estimate of $6.61. What price target have analysts set for TGT? 22 equities research analysts have issued 12 month price targets for Target's stock. Their forecasts range from $76.05 to $150.00. On average, they anticipate Target's stock price to reach $124.38 in the next year. This suggests a possible upside of 34.4% from the stock's current price. View analysts' price targets for Target. Has Target been receiving favorable news coverage? Headlines about TGT stock have been trending very negative on Saturday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Target earned a coverage optimism score of -3.3 on InfoTrie's scale. They also gave headlines 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 near term. View the latest news aboutTarget. Are investors shorting Target? Target saw a decline in short interest in the month of March. As of March 13th, there was short interest totaling 10,975,400 shares, a decline of 8.2% from the February 27th total of 11,960,000 shares. Based on an average daily trading volume, of 5,030,000 shares, the days-to-cover ratio is presently 2.2 days. Approximately 2.2% of the company's stock are sold short. 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 (FREDQ). 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), AT&T (T), Walmart (WMT), Alibaba Group (BABA), Home Depot (HD), Cisco Systems (CSCO), Bank of America (BAC), Johnson & Johnson (JNJ) and Verizon Communications (VZ). 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 retail and institutional investors. Top institutional shareholders include Park National Corp OH (0.06%), First Financial Bank Trust Division (0.01%), Pensionfund Sabic (0.00%), Fulton Bank N.A. (0.00%), M&R Capital Management Inc. (0.00%) and Nelson Van Denburg & Campbell Wealth Management Group LLC (0.00%). Company insiders that own Target stock 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 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 Bath Savings Trust Co. 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 activity for Target. Which institutional investors are buying Target stock? TGT stock was bought by a variety of institutional investors in the last quarter, including First Financial Bank Trust Division, Nelson Van Denburg & Campbell Wealth Management Group LLC, M&R Capital Management Inc., Fulton Bank N.A., Park National Corp OH, and Pensionfund Sabic. 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 $92.57. How big of a company is Target? Target has a market capitalization of $46.37 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. 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] This page was last updated on 4/4/2020 by MarketBeat.com StaffFeatured Article: What Factors Can Affect Return on Equity?
