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
Phone612-304-6073
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$75.36 billion
Profitability
Miscellaneous
Employees360,000
Next Earnings Date3/3/2020 (Confirmed)
OptionableOptionable
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 paid a dividend of $0.66 per share on Tuesday, March 10th. This represents a $2.64 annualized dividend and a dividend yield of 2.39%. 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 has initiated a stock buyback plan on Thursday, September 19th 2019, which permits the company to repurchase $5,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 9.1% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board believes its shares are undervalued.
How were Target's earnings last quarter?
Target Co. (NYSE:TGT) posted its quarterly earnings data on Wednesday, November, 20th. The retailer reported $1.36 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.19 by $0.17. The retailer earned $18.41 billion during the quarter, compared to the consensus estimate of $18.45 billion. Target had a return on equity of 28.22% and a net margin of 4.18%. The firm's revenue was up 4.7% on a year-over-year basis. During the same period in the prior year, the company earned $1.09 earnings per share. View Target's Earnings History.
When is Target's next earnings date?
What guidance has Target issued on next quarter's earnings?
Target issued an update on 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 earnings per share estimate of $1.65.
What price target have analysts set for TGT?
22 analysts have issued 1 year target prices for Target's stock. Their forecasts range from $76.05 to $150.00. On average, they anticipate Target's stock price to reach $119.62 in the next twelve months. This suggests a possible upside of 8.1% 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?
Media coverage about TGT stock has been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Target earned a news impact score of -1.2 on InfoTrie's scale. They also gave press coverage about the retailer a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Target.
Are investors shorting Target?
Target saw a decline in short interest in February. As of February 14th, there was short interest totalling 13,590,000 shares, a decline of 11.7% from the January 30th total of 15,390,000 shares. Based on an average daily volume of 5,440,000 shares, the short-interest ratio is currently 2.5 days. Approximately 2.7% of the company's shares are short sold. View Target's Current Options Chain.
Who are some of Target's key competitors?
What other stocks do shareholders of Target own?
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 number of of retail and institutional investors. Top institutional shareholders 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 bought 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 $110.66.
How big of a company is Target?
Target has a market capitalization of $56.08 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?
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)
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.
