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NYSE:TGT - Target Stock Price, Forecast & News

$103.00
-2.62 (-2.48 %)
(As of 02/28/2020 04:00 PM ET)
Today's Range
$100.74
Now: $103.00
$104.20
50-Day Range
$103.00
MA: $115.85
$125.26
52-Week Range
$70.03
Now: $103.00
$130.24
Volume9.13 million shs
Average Volume3.85 million shs
Market Capitalization$52.19 billion
P/E Ratio16.45
Dividend Yield2.50%
Beta0.57
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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$75.36 billion
Cash Flow$10.00 per share
Book Value$21.65 per share

Profitability

Net Income$2.94 billion

Miscellaneous

Employees360,000
Market Cap$52.19 billion
Next Earnings Date3/3/2020 (Confirmed)
OptionableOptionable

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Target (NYSE:TGT) Frequently Asked Questions

What is Target's stock symbol?

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

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

Target declared a quarterly dividend on Thursday, January 9th. Stockholders of record on Wednesday, February 19th will be given a dividend of $0.66 per share on Tuesday, March 10th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 2.56%. The ex-dividend date of this dividend is Tuesday, February 18th. View Target's Dividend History.

How will Target's stock buyback program work?

Target declared that its Board of Directors has approved a stock 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 repurchase up to 9.1% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's management believes its shares are undervalued.

How were Target's earnings last quarter?

Target Co. (NYSE:TGT) released its earnings results on Wednesday, November, 20th. The retailer reported $1.36 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.19 by $0.17. The retailer earned $18.41 billion during the quarter, compared to analysts' expectations of $18.45 billion. Target had a net margin of 4.18% and a return on equity of 28.22%. The business's quarterly revenue was up 4.7% on a year-over-year basis. During the same period in the prior year, the firm posted $1.09 EPS. View Target's Earnings History.

When is Target's next earnings date?

Target is scheduled to release their next quarterly earnings announcement on Tuesday, March 3rd 2020. View Earnings Estimates for Target.

What guidance has Target issued on next quarter's earnings?

Target updated its fourth quarter earnings guidance on Wednesday, January, 15th. The company provided earnings per share (EPS) guidance of ~$1.54-1.74 for the period, compared to the Thomson Reuters consensus estimate of $1.65.

What price target have analysts set for TGT?

22 brokerages have issued 1-year target prices for Target's stock. Their forecasts range from $76.05 to $150.00. On average, they expect Target's share price to reach $119.62 in the next year. This suggests a possible upside of 16.1% from the stock's current price. View Analyst Price Targets for Target.

What is the consensus analysts' recommendation for Target?

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Target in the last year. There are currently 5 hold ratings, 16 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Target.

Has Target been receiving favorable news coverage?

News coverage about TGT stock has been trending very negative this week, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand news and blog 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 news sentiment score of -4.0 on InfoTrie's scale. They also gave news headlines about the retailer a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the company's share price in the near term. View News Stories for Target.

Are investors shorting Target?

Target saw a drop in short interest during the month of February. As of February 14th, there was short interest totalling 13,590,000 shares, a drop of 11.7% from the January 30th total of 15,390,000 shares. Based on an average trading volume of 5,440,000 shares, the short-interest ratio is currently 2.5 days. Currently, 2.7% of the shares of the company are short sold. 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 (FRED).

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), AT&T (T), Walmart (WMT), Walt Disney (DIS), Alibaba Group (BABA), Home Depot (HD), Cisco Systems (CSCO), Intel (INTC), Verizon Communications (VZ) and Micron Technology (MU).

Who are Target's key executives?

Target's management team includes the folowing 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)

Who are Target's major shareholders?

Target's stock is owned by a variety of of retail and institutional investors. Top institutional investors include State Street Corp (8.27%), Capital World Investors (3.17%), Geode Capital Management LLC (1.57%), LSV Asset Management (1.24%), Bank of New York Mellon Corp (1.13%) and Renaissance Technologies LLC (1.12%). Company insiders that own Target stock include Cathy R Smith, Don H Liu, Janna A Potts, John J Mulligan, 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 major investors are selling Target stock?

TGT stock was sold by a variety of institutional investors in the last quarter, including Barrow Hanley Mewhinney & Strauss LLC, Bank of New York Mellon Corp, Capital World Investors, State Street Corp, PGGM Investments, Bessemer Group Inc., Alyeska Investment Group L.P. and LSV Asset Management. 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 for Target.

Which major investors are buying Target stock?

TGT stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Janus Henderson Group PLC, GQG Partners LLC, Bank of Montreal Can, FIL Ltd, AQR Capital Management LLC, Alliancebernstein L.P. and Victory Capital Management Inc.. View Insider Buying and Selling 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 $103.00.

How big of a company is Target?

Target has a market capitalization of $52.19 billion and generates $75.36 billion in revenue each year. The retailer earns $2.94 billion in net income (profit) each year or $5.39 on an earnings per share basis. Target employs 360,000 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]


MarketBeat Community Rating for Target (NYSE TGT)

Community Ranking:  4.2 out of 5 (star star star star)
Outperform Votes:  7,211 (Vote Outperform)
Underperform Votes:  1,397 (Vote Underperform)
Total Votes:  8,608
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.
This page was last updated on 2/29/2020 by MarketBeat.com Staff

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