Target Stock Forecast, Price & News

Target (NYSE:TGT) Frequently Asked Questions

Is Target a buy right now?

24 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Target in the last year. There are currently 1 sell rating, 6 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.

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

Target's stock was trading at $105.58 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, TGT stock has increased by 105.8% and is now trading at $217.25.
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) announced its quarterly earnings data on Wednesday, November, 17th. The retailer reported $3.03 EPS for the quarter, topping the Zacks' consensus estimate of $2.83 by $0.20. The retailer earned $25.29 billion during the quarter, compared to analysts' expectations of $24.60 billion. Target had a trailing twelve-month return on equity of 44.81% and a net margin of 6.56%. Target's revenue for the quarter was up 13.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $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, January 13th. Investors of record on Wednesday, February 16th will be given a dividend of $0.90 per share on Thursday, March 10th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 1.66%. The ex-dividend date is Tuesday, February 15th.
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 1.62%. 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 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 27.27% 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 announced that its board has initiated a stock repurchase plan on Wednesday, August 18th 2021, which authorizes the company to repurchase $15,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 12.4% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's management believes its shares are undervalued.

What price target have analysts set for TGT?

24 brokers have issued 1 year price targets for Target's shares. Their forecasts range from $188.00 to $329.00. On average, they anticipate Target's share price to reach $258.91 in the next year. This suggests a possible upside of 19.2% 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 (LinkedIn Profile)
• 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), Tesco (TSCDY), Dollar Tree (DLTR), Five Below (FIVE), BJ's Wholesale Club (BJ), MINISO Group (MNSO), Ollie's Bargain Outlet (OLLI), 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 institutional and retail investors. Top institutional investors include Nordea Investment Management AB (0.23%), Russell Investments Group Ltd. (0.14%), Park National Corp OH (0.05%), Gateway Investment Advisers LLC (0.05%), State of Alaska Department of Revenue (0.04%) and Royal London Asset Management Ltd. (0.04%). 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, 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 M&G Investment Management Ltd., Moody National Bank Trust Division, State of Alaska Department of Revenue, Pendal Group Ltd, Clear Street Markets LLC, Parallel Advisors LLC, XR Securities LLC, and Royal London Asset Management Ltd.. 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, 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 acquired by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, AAFMAA Wealth Management & Trust LLC, Junson Asset Management Hong Kong Ltd, Cullinan Associates Inc., Stratos Wealth Partners LTD., Kestra Advisory Services LLC, Cutler Group LP, and Crossmark Global Holdings Inc..
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 $217.25.

How much money does Target make?

Target has a market capitalization of $104.09 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.