Target Stock Forecast, Price & News

Target (NYSE:TGT) Frequently Asked Questions

Is Target a buy right now?

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Target in the last year. There are currently 4 hold ratings, 17 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Target stock.
View analyst ratings for Target or view top-rated stocks.

How has Target's stock price been impacted by Coronavirus (COVID-19)?

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 shares have increased by 130.1% and is now trading at $242.97.
View which stocks have been most impacted by COVID-19.

When is Target's next earnings date?

Target is scheduled to release its next quarterly earnings announcement on Tuesday, March 1st 2022.
View our earnings forecast for Target.

How were Target's earnings last quarter?

Target Co. (NYSE:TGT) released its quarterly earnings data on Wednesday, November, 17th. The retailer reported $3.03 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $2.83 by $0.20. The retailer earned $25.29 billion during the quarter, compared to analyst estimates of $24.60 billion. Target had a trailing twelve-month return on equity of 44.81% and a net margin of 6.56%. The business's revenue for the quarter was up 13.2% on a year-over-year basis. During the same period in the prior year, the firm posted $2.79 EPS.
View Target's earnings history.

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

Target declared a quarterly dividend on Thursday, September 23rd. Investors of record on Wednesday, November 17th will be paid a dividend of $0.90 per share on Friday, December 10th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 1.48%. The ex-dividend date of this dividend is Tuesday, November 16th.
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 1.45%. 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 26.49%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Target will have a dividend payout ratio of 27.07% 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 of Directors has initiated a stock buyback program on Wednesday, August 18th 2021, which allows the company to buyback $15,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 12.4% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board believes its stock is undervalued.

What price target have analysts set for TGT?

22 equities research analysts have issued 12 month target prices for Target's shares. Their forecasts range from $188.00 to $329.00. On average, they expect Target's stock price to reach $258.62 in the next year. This suggests a possible upside of 6.4% 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:

• Brian C. Cornell, Chairman & Chief Executive Officer
• John J. Mulligan, Chief Operating Officer & Executive Vice President
• Michael J. Fiddelke, Chief Financial Officer & Executive Vice President
• Michael E. McNamara, Chief Information Officer & Executive VP (LinkedIn Profile)
• Rich Agostino, Chief Information Security Officer & Senior VP

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.

Who are some of Target's key competitors?

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), BJ's Wholesale Club (BJ), Ollie's Bargain Outlet (OLLI), MINISO Group (MNSO), PriceSmart (PSMT), Big Lots (BIG), Tuesday Morning (TUEM), Tuesday Morning (TUESQ) and Fred's (FREDQ).
View all of TGT's competitors.

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 number of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.43%), Geode Capital Management LLC (1.65%), Capital World Investors (1.49%), GQG Partners LLC (1.13%), Invesco Ltd. (1.03%) and Jennison Associates LLC (0.92%). Company insiders that own Target stock include 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, Robert M Harrison, Robert M Harrison, Roxanne S Austin, Stephanie A Lundquist and Stephen A Vintz.
View institutional ownership trends for Target.

Which institutional investors are selling Target stock?

TGT stock was sold by a variety of institutional investors in the last quarter, including Sepio Capital LP, Renaissance Technologies LLC, GQG Partners LLC, Invesco Ltd., Janus Henderson Group PLC, Assenagon Asset Management S.A., American Century Companies Inc., and Focused Investors 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 Edward Mcnamara, Robert M Harrison, Stephanie A Lundquist, and Stephen A Vintz.
View insider buying and selling activity for Target or view top insider-selling stocks.

Which institutional investors are buying Target stock?

TGT stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Arrowstreet Capital Limited Partnership, Capital World Investors, Citadel Advisors LLC, Laurion Capital Management LP, Deutsche Bank AG, Assetmark Inc., and Jane Street Group LLC.
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.
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What is Target's stock price today?

One share of TGT stock can currently be purchased for approximately $242.97.

How much money does Target make?

Target has a market capitalization of $116.41 billion and generates $93.56 billion in revenue each year. The retailer earns $4.37 billion in net income (profit) each year or $13.59 on an earnings per share basis.

How many employees does Target have?

Target employs 409,000 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. (MN), Target Enterprise Inc. (MN), and Target General Merchandise Inc. (MN).

When was Target founded?

Target was founded in 1902.

What is Target's official website?

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

Where are Target's headquarters?

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

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.