Target Stock Forecast, Price & News

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, 15 buy ratings and 2 strong buy ratings 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.

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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) posted its quarterly earnings data on Monday, March, 1st. The retailer reported $2.67 EPS for the quarter, topping the Zacks' consensus estimate of $2.54 by $0.13. The retailer earned $28 billion during the quarter, compared to analysts' expectations of $27.42 billion. Target had a trailing twelve-month return on equity of 34.94% and a net margin of 4.31%. The company's quarterly revenue was up 21.0% on a year-over-year basis. During the same period last year, the business posted $1.69 earnings per share.
View Target's earnings history.

Target's stock was trading at $105.58 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, TGT stock has increased by 97.5% and is now trading at $208.55.
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Target announced a quarterly dividend on Thursday, March 11th. Stockholders of record on Wednesday, May 19th will be paid a dividend of $0.68 per share on Thursday, June 10th. This represents a $2.72 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date of this dividend is Tuesday, May 18th.
View Target's dividend history.

Target pays an annual dividend of $2.72 per share and currently has a dividend yield of 1.30%. 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 announced that its board has initiated a share repurchase plan on Thursday, September 19th 2019, which authorizes the company to repurchase $5,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 9.1% of its stock through open market purchases. Stock repurchase plans are often an indication that the company's leadership believes its shares are undervalued.

22 analysts have issued 1-year target prices for Target's shares. Their forecasts range from $120.00 to $230.00. On average, they expect Target's share price to reach $180.95 in the next twelve months. This suggests that the stock has a possible downside of 13.2%.
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 Walmart (WMT), Costco Wholesale (COST), Wal-Mart de México (WMMVY), Dollar General (DG), Dollar Tree (DLTR), Tesco (TSCDY), 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 number of institutional and retail investors. Top institutional shareholders include Retirement Systems of Alabama (0.08%), Chicago Capital LLC (0.07%), Hamlin Capital Management LLC (0.07%), State of Alaska Department of Revenue (0.06%), Park National Corp OH (0.06%) and Fort Pitt Capital Group LLC (0.05%). Company insiders that own Target stock include Brian C Cornell, Cathy R Smith, Christina Hennington, Don H Liu, Janna A Potts, Katie M Boylan, 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 Wedge Capital Management L L P NC, Miller Howard Investments Inc. NY, Hamlin Capital Management LLC, Hexavest Inc., UMB Bank N A MO, State of Alaska Department of Revenue, Retirement Systems of Alabama, and Park National Corp OH. Company insiders that have sold Target company stock in the last year include Brian C Cornell, Christina Hennington, Don H Liu, Katie M Boylan, 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 Private Advisory Group LLC, Systematic Alpha Investments LLC, Baldwin Brothers Inc. MA, DnB Asset Management AS, Smithbridge Asset Management Inc. DE, Everence Capital Management Inc., Gleason Group Inc., and CMG Global Holdings LLC.
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 $208.55.

Target has a market capitalization of $103.99 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]