NYSE:TGT - Target Stock Price, Forecast & News

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

Target declared a quarterly dividend on Thursday, January 9th. Investors 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 dividend on an annualized basis and a dividend yield of 2.30%. The ex-dividend date of this dividend is Tuesday, February 18th. View Target's Dividend History.

Target declared that its Board of Directors has initiated a stock buyback program on Thursday, September 19th 2019, which allows the company to buyback $5,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 9.1% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's board of directors believes its shares are undervalued.

Target Co. (NYSE:TGT) posted its quarterly earnings data on Wednesday, November, 20th. The retailer reported $1.36 earnings per share for the quarter, topping 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 net margin of 4.18% and a return on equity of 28.22%. The firm's revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter last year, the firm earned $1.09 earnings per share. View Target's Earnings History.

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

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 earnings per share estimate of $1.65.

21 brokers have issued 12-month target prices for Target's shares. Their forecasts range from $76.05 to $150.00. On average, they anticipate Target's stock price to reach $119.40 in the next twelve months. This suggests a possible upside of 3.9% from the stock's current price. View Analyst Price Targets for Target.

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Target in the last year. There are currently 5 hold ratings, 15 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Target.

Press coverage about TGT stock has trended very negative this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Target earned a daily sentiment score of -3.6 on InfoTrie's scale. They also gave news headlines about the retailer a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Target.

Some companies that are related to Target include Dollar General (DG), Dollar Tree (DLTR), Big Lots (BIG), Tuesday Morning (TUES) and Fred's (FRED).

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), Verizon Communications (VZ), Intel (INTC) and Netflix (NFLX).

Target's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Hamlin Capital Management LLC (0.16%), Johanson Financial Advisors Inc. (0.09%), PGGM Investments (0.07%), Calamos Advisors LLC (0.07%), Park National Corp OH (0.06%) and Chicago Capital LLC (0.06%). 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.

TGT stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, Hamlin Capital Management LLC, Assenagon Asset Management S.A., Wedge Capital Management L L P NC, DNB Asset Management AS, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Gateway Investment Advisers LLC and Park National Corp OH. 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.

TGT stock was bought by a variety of institutional investors in the last quarter, including Johanson Financial Advisors Inc., United Services Automobile Association, Calamos Advisors LLC, TIAA FSB, UNIVEST FINANCIAL Corp, Chicago Capital LLC, Janney Montgomery Scott LLC and Arkfeld Wealth Strategies L.L.C.. View Insider Buying and Selling for 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.

One share of TGT stock can currently be purchased for approximately $114.88.

Target has a market capitalization of $58.21 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.

The official website for Target is http://www.target.com/.

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]