Target Stock Forecast, Price & News

23 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Target in the last twelve months. There are currently 5 hold ratings, 16 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Target stock.
View analyst ratings for Target or view top-rated stocks.

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Target saw a decline in short interest in January. As of January 29th, there was short interest totaling 5,210,000 shares, a decline of 21.8% from the January 14th total of 6,660,000 shares. Based on an average trading volume of 4,000,000 shares, the short-interest ratio is currently 1.3 days. Currently, 1.0% of the shares of the company are sold short.
View Target's Short Interest.

Target is scheduled to release its next quarterly earnings announcement on Wednesday, May 19th 2021.
View our earnings forecast for Target.

Target Co. (NYSE:TGT) released its earnings results on Monday, March, 1st. The retailer reported $2.67 earnings per share for the quarter, topping the Zacks' consensus estimate of $2.54 by $0.13. The retailer earned $28 billion during the quarter, compared to analyst estimates of $27.42 billion. Target had a trailing twelve-month return on equity of 34.94% and a net margin of 4.31%. The firm's revenue was up 21.0% compared to the same quarter last year. During the same quarter last year, the firm posted $1.69 EPS.
View Target's earnings history.

Target's stock was trading at $105.58 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, TGT shares have increased by 63.5% and is now trading at $172.61.
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Target declared a quarterly dividend on Thursday, January 14th. Shareholders of record on Wednesday, February 17th will be given a dividend of $0.68 per share on Wednesday, March 10th. This represents a $2.72 annualized dividend and a yield of 1.58%. The ex-dividend date of this dividend is Tuesday, February 16th.
View Target's dividend history.

Target pays an annual dividend of $2.72 per share and currently has a dividend yield of 1.57%. Target 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 of Target is 42.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Target will have a dividend payout ratio of 31.45% next year. This indicates that Target will be able to sustain or increase its dividend.
View Target's dividend history.

Target declared that its board has authorized a stock repurchase plan on Thursday, September 19th 2019, which permits the company to buyback $5,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 9.1% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's leadership believes its shares are undervalued.

23 analysts have issued twelve-month price objectives for Target's stock. Their forecasts range from $120.00 to $230.00. On average, they anticipate Target's share price to reach $173.95 in the next twelve months. This suggests a possible upside of 0.8% from the stock's current price.
View analysts' price targets for Target or view top-rated stocks among Wall Street analysts.

10,048 employees have rated Target CEO Brian Cornell on Glassdoor.com. Brian Cornell has an approval rating of 78% among Target's employees.

Some companies that are related to Target include Costco Wholesale (COST), Wal-Mart de México (WMMVY), Dollar General (DG), Tesco (TSCDY), Dollar Tree (DLTR), Five Below (FIVE), MINISO Group (MNSO), Ollie's Bargain Outlet (OLLI), BJ's Wholesale Club (BJ), PriceSmart (PSMT), Big Lots (BIG), Tuesday Morning (TUESQ) and Fred's (FREDQ).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Target investors own include NVIDIA (NVDA), Walmart (WMT), AT&T (T), The Walt Disney (DIS), Johnson & Johnson (JNJ), The Home Depot (HD), Verizon Communications (VZ), Intel (INTC), Alibaba Group (BABA) and Cisco Systems (CSCO).

Target trades on the New York Stock Exchange (NYSE) under the ticker symbol "TGT."

Target's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.42%), Northern Trust Corp (1.33%), Norges Bank (1.14%), FMR LLC (1.10%), Renaissance Technologies LLC (1.07%) and Bank of New York Mellon Corp (0.84%). Company insiders that own Target stock include Brian C Cornell, Cathy R Smith, Christina Hennington, Don H Liu, Janna A Potts, Laysha Ward, Mark J Tritton, Mark Schindele, Michael Edward Mcnamara, Robert M Harrison, Roxanne S Austin and Stephanie A Lundquist.
View institutional ownership trends for Target.

TGT stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, First Trust Advisors LP, Nuveen Asset Management LLC, Alyeska Investment Group L.P., Alyeska Investment Group L.P., Dimensional Fund Advisors LP, Victory Capital Management Inc., and Fort Pitt Capital Group LLC. Company insiders that have sold Target company stock in the last year include Brian C Cornell, Christina Hennington, Don H Liu, Mark Schindele, Michael Edward Mcnamara, Robert M Harrison, Roxanne S Austin, and Stephanie A Lundquist.
View insider buying and selling activity for Target or view top insider-selling stocks.

TGT stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, BlackRock Inc., D1 Capital Partners L.P., FMR LLC, UBS Asset Management Americas Inc., Brandywine Global Investment Management LLC, California Public Employees Retirement System, and Robeco Institutional Asset Management B.V..
View insider buying and selling activity for Target or or view top insider-buying stocks.

Shares of TGT 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.
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One share of TGT stock can currently be purchased for approximately $172.61.

Target has a market capitalization of $86.44 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.

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. (MN), Target Capital Corporation (MN), Target Enterprise Inc. (MN), and Target General Merchandise Inc. (MN).

Target was founded in 1902.

The official website for Target is www.target.com.

Target is headquartered at 1000 NICOLLET MALL, MINNEAPOLIS MN, 55403.

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]