S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
5X Potential Growth By 2030? Is This Little-Known Market About To Explode? (Ad)
3 Stocks Set to Lead the Nasdaq Bull Market
Buffett's firm buys more Apple, Amazon while betting on oil
Norway hits export record amid soaring gas prices
Elon Musk is Worried about China (Ad)
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
Is Ford About To Crush Workhorse Group? 
Copper Exploration Heating Up (Ad)
S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
5X Potential Growth By 2030? Is This Little-Known Market About To Explode? (Ad)
3 Stocks Set to Lead the Nasdaq Bull Market
Buffett's firm buys more Apple, Amazon while betting on oil
Norway hits export record amid soaring gas prices
Elon Musk is Worried about China (Ad)
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
Is Ford About To Crush Workhorse Group? 
Copper Exploration Heating Up (Ad)
S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
5X Potential Growth By 2030? Is This Little-Known Market About To Explode? (Ad)
3 Stocks Set to Lead the Nasdaq Bull Market
Buffett's firm buys more Apple, Amazon while betting on oil
Norway hits export record amid soaring gas prices
Elon Musk is Worried about China (Ad)
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
Is Ford About To Crush Workhorse Group? 
Copper Exploration Heating Up (Ad)
S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
5X Potential Growth By 2030? Is This Little-Known Market About To Explode? (Ad)
3 Stocks Set to Lead the Nasdaq Bull Market
Buffett's firm buys more Apple, Amazon while betting on oil
Norway hits export record amid soaring gas prices
Elon Musk is Worried about China (Ad)
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
Is Ford About To Crush Workhorse Group? 
Copper Exploration Heating Up (Ad)

Target - TGT Stock Forecast, Price & News

$173.39
+0.91 (+0.53%)
(As of 08/15/2022 12:00 AM ET)
Add
Compare
Today's Range
$170.20
$174.16
50-Day Range
$139.30
$173.39
52-Week Range
$137.16
$268.98
Volume
3.76 million shs
Average Volume
4.91 million shs
Market Capitalization
$80.40 billion
P/E Ratio
14.38
Dividend Yield
2.09%
Price Target
$189.15

Target MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.73 Rating Score
Upside/​Downside
9.1% Upside
$189.15 Price Target
Short Interest
Healthy
1.46% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.81
Upright™ Environmental Score
News Sentiment
0.67mentions of Target in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$6.37 M Sold Last Quarter
Proj. Earnings Growth
44.01%
From $8.43 to $12.14 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.95 out of 5 stars

Retail/Wholesale Sector

12th out of 219 stocks

Variety Stores Industry

1st out of 11 stocks

TGT stock logo

About Target (NYSE:TGT) Stock

Target Corporation operates as a general merchandise retailer in the United States. The company offers food assortments, including perishables, dry grocery, dairy, and frozen items; apparel, accessories, home décor products, electronics, toys, seasonal offerings, food, and other merchandise; and beauty and household essentials. It also provides in-store amenities, such as Target Café, Target Optical, Starbucks, and other food service offerings. The company sells its products through its stores; and digital channels, including Target.com. As of March 09, 2022, the company operated approximately 2,000 stores. Target Corporation was incorporated in 1902 and is headquartered in Minneapolis, Minnesota.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. The Goldman Sachs Group decreased their price target on Target from $191.00 to $171.00 and set a "buy" rating on the stock in a research note on Wednesday, June 8th. Gordon Haskett decreased their price target on Target from $300.00 to $200.00 and set a "buy" rating on the stock in a research note on Thursday, May 19th. Truist Financial decreased their price target on Target from $171.00 to $150.00 and set a "hold" rating on the stock in a research note on Wednesday, June 8th. UBS Group decreased their price target on Target from $225.00 to $205.00 and set a "buy" rating on the stock in a research note on Wednesday, June 8th. Finally, TheStreet lowered Target from a "b-" rating to a "c+" rating in a research note on Friday, June 24th. Nine research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $189.15.

Target Trading Up 0.6 %

NYSE:TGT traded up $1.04 on Monday, reaching $173.52. The company had a trading volume of 66,264 shares, compared to its average volume of 4,917,400. The stock's 50 day moving average is $152.63 and its 200-day moving average is $190.91. The stock has a market cap of $80.46 billion, a price-to-earnings ratio of 14.30, a PEG ratio of 2.00 and a beta of 1.03. The company has a quick ratio of 0.14, a current ratio of 0.87 and a debt-to-equity ratio of 1.24. Target has a 52 week low of $137.16 and a 52 week high of $268.98.

Target (NYSE:TGT - Get Rating) last released its quarterly earnings data on Wednesday, May 18th. The retailer reported $2.19 EPS for the quarter, missing analysts' consensus estimates of $3.00 by ($0.81). The company had revenue of $24.83 billion during the quarter, compared to the consensus estimate of $24.48 billion. Target had a net margin of 5.48% and a return on equity of 44.75%. The company's revenue for the quarter was up 4.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.69 EPS. Equities analysts predict that Target will post 8.43 earnings per share for the current year.

Target Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, September 10th. Investors of record on Wednesday, August 17th will be issued a $1.08 dividend. This represents a $4.32 dividend on an annualized basis and a yield of 2.49%. The ex-dividend date is Tuesday, August 16th. This is an increase from Target's previous quarterly dividend of $0.90. Target's dividend payout ratio is currently 29.85%.

Insider Buying and Selling at Target

In other Target news, insider John J. Mulligan sold 45,490 shares of the business's stock in a transaction dated Friday, June 17th. The stock was sold at an average price of $139.98, for a total value of $6,367,690.20. Following the completion of the transaction, the insider now directly owns 157,333 shares of the company's stock, valued at $22,023,473.34. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.29% of the company's stock.

Receive TGT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Target and its competitors with MarketBeat's FREE daily newsletter.

TGT Stock News Headlines

Target (NYSE:TGT) Raised to Overweight at Wells Fargo & Company
Want To Catch The Next Hot Investing Trend (Look Inside?)
While millennials are trying to get rich in crypto Ponzi schemes- there's something happening that Wall Street is TOTALLY ignoring. And it's about to affect every American Citizen over 55...
Why Is Target (TGT) Stock in the Spotlight Today?
Target (NYSE:TGT) Price Target Cut to $215.00
How This Rare Metal Is Going To Solve A $173 TRILLION World Problem… And Could Benefit Investors
According to Bloomberg NEF, changing the world to "All Green Energy" could cost about $173 trillion. And without this rare metal, going green would be IMPOSSIBLE. That's why there's a literal "gold rush" to find it. (HINT: It's not electric vehicles, nuclear power, or wind energy).
Analysts Set Target Co. (NYSE:TGT) PT at $189.44
Target (NYSE:TGT) Shares Gap Down to $157.49
Target (NYSE:TGT) Now Covered by Piper Sandler
Are We Beyond the Worst?
3 Quality Dividend Stocks With No Russia Exposure
Target Stock Is On Track for Long-Term Gains
See More Headlines
Receive TGT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Target and its competitors with MarketBeat's FREE daily newsletter.

TGT Company Calendar

Ex-Dividend for 6/10 Dividend
5/17/2022
Last Earnings
5/18/2022
Dividend Payable
6/10/2022
Today
8/16/2022
Ex-Dividend for 9/10 Dividend
8/16/2022
Next Earnings (Confirmed)
8/17/2022
Dividend Payable
9/10/2022
Fiscal Year End
1/31/2023

Industry, Sector and Symbol

Industry
Variety stores
Sub-Industry
General Merchandise Stores
CUSIP
87612E10
Employees
450,000
Year Founded
1902

Price Target and Rating

Average Stock Price Forecast
$189.15
High Stock Price Forecast
$235.00
Low Stock Price Forecast
$150.00
Forecasted Upside/Downside
+9.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.73
Research Coverage
26 Analysts

Profitability

Net Income
$6.95 billion
Pretax Margin
7.05%

Debt

Sales & Book Value

Annual Sales
$106.01 billion
Cash Flow
$19.57 per share
Book Value
$26.77 per share

Miscellaneous

Free Float
462,351,000
Market Cap
$80.40 billion
Optionable
Optionable
Beta
1.03

Social Links















TGT Stock - Frequently Asked Questions

Should I buy or sell Target stock right now?

26 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Target in the last year. There are currently 8 hold ratings, 17 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TGT shares.
View TGT analyst ratings
or view top-rated stocks.

What is Target's stock price forecast for 2022?

26 Wall Street analysts have issued twelve-month price objectives for Target's shares. Their TGT share price forecasts range from $150.00 to $235.00. On average, they predict the company's stock price to reach $189.15 in the next year. This suggests a possible upside of 9.1% from the stock's current price.
View analysts price targets for TGT
or view top-rated stocks among Wall Street analysts.

How have TGT shares performed in 2022?

Target's stock was trading at $231.44 at the beginning of 2022. Since then, TGT shares have decreased by 25.1% and is now trading at $173.39.
View the best growth stocks for 2022 here
.

When is Target's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 17th 2022.
View our TGT earnings forecast
.

How can I listen to Target's earnings call?

Target will be holding an earnings conference call on Wednesday, August 17th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Target's earnings last quarter?

Target Co. (NYSE:TGT) announced its quarterly earnings results on Wednesday, May, 18th. The retailer reported $2.19 earnings per share for the quarter, missing analysts' consensus estimates of $3.00 by $0.81. The retailer earned $24.83 billion during the quarter, compared to analysts' expectations of $24.48 billion. Target had a trailing twelve-month return on equity of 44.75% and a net margin of 5.48%. Target's revenue for the quarter was up 4.0% on a year-over-year basis. During the same period last year, the firm earned $3.69 earnings per share.
Read the conference call transcript
.

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

Target announced a quarterly dividend on Thursday, June 9th. Stockholders of record on Wednesday, August 17th will be paid a dividend of $1.08 per share on Saturday, September 10th. This represents a $4.32 dividend on an annualized basis and a yield of 2.49%. The ex-dividend date is Tuesday, August 16th. This is a positive change from the stock's previous quarterly dividend of $0.90.
Read our dividend analysis for TGT
.

Is Target a good dividend stock?

Target (NYSE:TGT) pays an annual dividend of $3.60 per share and currently has a dividend yield of 2.09%. The company has been increasing its dividend for 52 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 29.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TGT will have a dividend payout ratio of 29.65% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TGT.

How will Target's stock buyback program work?

Target declared that its board has authorized a stock buyback plan on Wednesday, August 18th 2021, which authorizes the company to repurchase $15,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 12.4% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's board believes its stock is undervalued.

What is Brian Cornell's approval rating as Target's CEO?

10,048 employees have rated Target Chief Executive Officer Brian Cornell on Glassdoor.com. Brian Cornell has an approval rating of 78% among the company's employees.

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 many different institutional and retail investors. Top institutional shareholders include State Street Corp (7.19%), Massachusetts Financial Services Co. MA (1.46%), Northern Trust Corp (1.27%), FMR LLC (0.95%), Franklin Resources Inc. (0.95%) and UBS Asset Management Americas Inc. (0.73%). Insiders that own company stock include Brian C Cornell, Brian C Cornell, Cara A Sylvester, Cathy R Smith, Christina Hennington, Don H Liu, Don H Liu, Jill Sando, John J Mulligan, Katie M Boylan, Laysha Ward, Mark J Tritton, Mark Schindele, Michael Edward Mcnamara, Michael J Fiddelke, Robert M Harrison, Robert M Harrison, Roxanne S Austin, Stephanie A Lundquist and Stephen A Vintz.
View institutional ownership trends
.

How do I buy shares of Target?

Shares of TGT stock 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.
Compare Top Brokerages Here.

What is Target's stock price today?

One share of TGT stock can currently be purchased for approximately $173.39.

How much money does Target make?

Target (NYSE:TGT) has a market capitalization of $80.40 billion and generates $106.01 billion in revenue each year. The retailer earns $6.95 billion in net income (profit) each year or $12.06 on an earnings per share basis.

How many employees does Target have?

The company employs 450,000 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., Target Enterprise Inc., and Target General Merchandise Inc..
Read More
When was Target founded?

Target was founded in 1902.

How can I contact Target?

Target's mailing address is 1000 NICOLLET MALL, MINNEAPOLIS MN, 55403. The official website for the company is www.target.com. The retailer can be reached via phone at (612) 304-6073, via email at investorrelations@target.com, or via fax at 612-761-5555.

This page (NYSE:TGT) was last updated on 8/16/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.