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DOW   32,223.42
QQQ   298.44
S&P 500   4,008.01
DOW   32,223.42
QQQ   298.44
S&P 500   4,008.01
DOW   32,223.42
QQQ   298.44
S&P 500   4,008.01
DOW   32,223.42
QQQ   298.44
NYSE:TGT

Target (TGT) Stock Forecast, Price & News

$219.25
-0.48 (-0.22%)
(As of 05/16/2022 12:00 AM ET)
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Today's Range
$216.27
$221.65
50-Day Range
$206.97
$249.32
52-Week Range
$184.00
$268.98
Volume
3.33 million shs
Average Volume
4.00 million shs
Market Capitalization
$101.66 billion
P/E Ratio
15.58
Dividend Yield
1.64%
Beta
0.94
30 days | 90 days | 365 days | Advanced Chart
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Target logo

About Target

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.

Headlines

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Industry, Sector and Symbol

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

Sales & Book Value

Annual Sales
$106.01 billion
Cash Flow
$19.42 per share
Book Value
$26.77 per share

Profitability

Net Income
$6.95 billion
Pretax Margin
8.40%

Debt

Price-To-Earnings

Miscellaneous

Free Float
462,329,000
Market Cap
$101.66 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 3/10 Dividend
2/15/2022
Last Earnings
3/01/2022
Dividend Payable
3/10/2022
Today
5/17/2022
Ex-Dividend for 6/10 Dividend
5/17/2022
Next Earnings (Confirmed)
5/18/2022
Dividend Payable
6/10/2022
Fiscal Year End
1/31/2023

Social Links


MarketRank

Overall MarketRank

3.72 out of 5 stars

Retail/Wholesale Sector

3rd out of 284 stocks

Variety Stores Industry

1st out of 12 stocks

Analyst Opinion: 4.4Community Rank: 5.0Dividend Strength: 4.2Insider Behavior: 2.5Valuation: 2.5 5 -4 -3 -2 -1 -













Target (NYSE:TGT) Frequently Asked Questions

Is Target a buy right now?

22 Wall Street 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 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Target stock.
View analyst ratings for Target
or view top-rated stocks.

When is Target's next earnings date?

Target is scheduled to release its next quarterly earnings announcement on Wednesday, May 18th 2022.
View our earnings forecast for Target
.

How can I listen to Target's earnings call?

Target will be holding an earnings conference call on Wednesday, May 18th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Target's earnings last quarter?

Target Co. (NYSE:TGT) released its earnings results on Tuesday, March, 1st. The retailer reported $3.19 EPS for the quarter, beating analysts' consensus estimates of $2.86 by $0.33. The retailer had revenue of $31 billion for the quarter, compared to analyst estimates of $31.40 billion. Target had a trailing twelve-month return on equity of 47.35% and a net margin of 6.55%. The firm's revenue for the quarter was up 10.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.67 EPS.
View Target's earnings history
.

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

Target announced a quarterly dividend on Thursday, March 10th. Shareholders of record on Wednesday, May 18th will be given a dividend of $0.90 per share on Friday, June 10th. This represents a $3.60 dividend on an annualized basis and a yield of 1.64%. The ex-dividend date is Tuesday, May 17th.
View Target's dividend history
.

Is Target a good dividend stock?

Target pays an annual dividend of $3.60 per share and currently has a dividend yield of 1.64%. Target has been increasing its dividend for 51 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Target is 25.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Target will have a dividend payout ratio of 22.57% next year. This indicates that Target will be able to sustain or increase its dividend.
View Target's dividend history.

How will Target's stock buyback program work?

Target declared that its board has initiated a share repurchase plan on Wednesday, August 18th 2021, which permits the company to repurchase $15,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 12.4% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's board believes its shares are undervalued.

What price target have analysts set for TGT?

22 brokers have issued 1 year price objectives for Target's stock. Their forecasts range from $216.00 to $329.00. On average, they expect Target's stock price to reach $277.29 in the next year. This suggests a possible upside of 26.5% from the stock's current price.
View analysts' price targets for Target
or view top-rated stocks among Wall Street analysts.

Who are Target's key executives?
Target's management team includes the following people:
What is Brian Cornell's approval rating as Target's CEO?

10,048 employees have rated Target CEO Brian Cornell on Glassdoor.com. Brian Cornell has an approval rating of 78% among Target'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 investors include Vanguard Group Inc. (9.33%), BlackRock Inc. (8.37%), State Street Corp (7.71%), Northern Trust Corp (1.39%), Invesco Ltd. (0.94%) and Bank of New York Mellon Corp (0.87%). Company insiders that own Target 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, 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 for Target
.

Which major investors are selling Target stock?

TGT stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Bank of Montreal Can, UBS Group AG, BlackRock Inc., Citigroup Inc., Canada Pension Plan Investment Board, Simplex Trading LLC, and Acadian Asset Management LLC. Company insiders that have sold Target company stock in the last year include Brian C Cornell, Cara A Sylvester, Christina Hennington, Don H Liu, Jill Sando, John J Mulligan, Katie M Boylan, Mark Schindele, Michael J Fiddelke, Robert M Harrison, and Stephen A Vintz.
View insider buying and selling activity for Target
or view top insider-selling stocks.

Which major investors are buying Target stock?

TGT stock was bought by a variety of institutional investors in the last quarter, including Deer Park Road Corp, Nordea Investment Management AB, Twin Tree Management LP, Assenagon Asset Management S.A., Vanguard Group Inc., JPMorgan Chase & Co., Bridgewater Associates LP, and Arrowstreet Capital Limited Partnership.
View insider buying and selling activity for Target
or or view top insider-buying stocks.

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 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 $219.25.

How much money does Target make?

Target has a market capitalization of $101.66 billion and generates $106.01 billion in revenue each year. The retailer earns $6.95 billion in net income (profit) each year or $14.069990 on an earnings per share basis.

How many employees does Target have?

Target 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..

When was Target founded?

Target was founded in 1902.

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, via email at [email protected], or via fax at 612-761-5555.

This page was last updated on 5/17/2022 by MarketBeat.com Staff

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