×
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13

Target Stock Forecast, Price & News

$142.38
+1.15 (+0.81%)
(As of 07/1/2022 12:00 AM ET)
Add
Compare
Today's Range
$139.50
$142.50
50-Day Range
$139.30
$241.66
52-Week Range
$137.16
$268.98
Volume
3.01 million shs
Average Volume
5.28 million shs
Market Capitalization
$66.02 billion
P/E Ratio
11.81
Dividend Yield
2.55%
Price Target
$193.04

Target Stock Forecast (MarketRank)

Analyst Rating
Moderate Buy
2.72 Rating Score
Upside/​Downside
35.6% Upside
$193.04 Price Target
Short Interest
Healthy
1.94% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.81
Upright™ Environmental Score
News Sentiment
0.00mentions of Target in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$14.06 M Sold Last Quarter
Proj. Earnings Growth
42.18%
From $8.70 to $12.37 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

2.92 out of 5 stars

Retail/Wholesale Sector

13th out of 283 stocks

Variety Stores Industry

1st out of 12 stocks

30 days | 90 days | 365 days | Advanced Chart

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.

Target logo

About Target (NYSE:TGT)

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.

TGT Stock News Headlines

Target (NYSE:TGT) Downgraded by TheStreet to C+
Target (NYSE:TGT) Downgraded to C+ at TheStreet
Analysts Set Target Co. (NYSE:TGT) Price Target at $208.00
Target (NYSE:TGT) Downgraded by Bank of America to Neutral
Target (NYSE:TGT) Reaches New 52-Week Low at $144.00
See More Headlines

Industry, Sector and Symbol

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

Company Calendar

Ex-Dividend for 6/10 Dividend
5/17/2022
Last Earnings
5/18/2022
Dividend Payable
6/10/2022
Today
7/02/2022
Next Earnings (Estimated)
8/17/2022
Fiscal Year End
1/31/2023

Price Target and Rating

Average Stock Price Forecast
$193.04
High Stock Price Forecast
$280.00
Low Stock Price Forecast
$150.00
Forecasted Upside/Downside
+35.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.72
Research Coverage
25 Analysts

Profitability

Net Income
$6.95 billion
Pretax Margin
7.05%

Debt

Sales & Book Value

Annual Sales
$106.01 billion
Cash Flow
$18.42 per share
Book Value
$26.77 per share

Miscellaneous

Free Float
462,351,000
Market Cap
$66.02 billion
Optionable
Optionable
Beta
0.96

Social Links















Target Frequently Asked Questions

Should I buy or sell Target stock right now?

25 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Target in the last twelve months. There are currently 8 hold ratings, 16 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" Target stock.
View analyst ratings for Target
or view top-rated stocks.

What is Target's stock price forecast for 2022?

25 brokers have issued 1-year price objectives for Target's stock. Their TGT stock forecasts range from $150.00 to $280.00. On average, they predict Target's stock price to reach $193.04 in the next twelve months. This suggests a possible upside of 35.6% from the stock's current price.
View analysts' price targets for Target
or view top-rated stocks among Wall Street analysts.

How has Target's stock price performed in 2022?

Target's stock was trading at $231.44 at the beginning of the year. Since then, TGT shares have decreased by 38.5% and is now trading at $142.38.
View the best growth stocks for 2022 here
.

Are investors shorting Target?

Target saw a increase in short interest in the month of May. As of May 31st, there was short interest totaling 10,660,000 shares, an increase of 27.4% from the May 15th total of 8,370,000 shares. Based on an average daily trading volume, of 5,730,000 shares, the short-interest ratio is presently 1.9 days.
View Target's Short Interest
.

When is Target's next earnings date?

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

How were Target's earnings last quarter?

Target Co. (NYSE:TGT) posted its quarterly earnings data on Wednesday, May, 18th. The retailer reported $2.19 EPS for the quarter, missing the consensus estimate of $3.07 by $0.88. The retailer earned $24.83 billion during the quarter, compared to analysts' expectations of $24.48 billion. Target had a net margin of 5.48% and a trailing twelve-month return on equity of 44.75%. Target's quarterly revenue was up 4.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.69 earnings per share.
View Target's earnings history
.

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

Target announced a quarterly dividend on Thursday, June 9th. Shareholders 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 annualized dividend and a dividend yield of 3.03%. The ex-dividend date of this dividend is Tuesday, August 16th. This is a boost from Target's previous quarterly dividend of $0.90.
View Target's dividend history
.

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 2.55%. Target 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 of Target is 29.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Target will have a dividend payout ratio of 29.10% 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 authorized a stock repurchase plan 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 repurchase up to 12.4% of its stock through open market purchases. Stock buyback plans are often an indication that the company's leadership believes its stock is undervalued.

Who are Target's key executives?

Target's management team includes the following people:

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.

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 Park National Corp OH (0.05%), First Financial Bank Trust Division (0.01%) and Insight Wealth Strategies LLC (0.00%). Company insiders that own Target 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 for Target
.

Which institutional investors are selling Target stock?

TGT stock was sold by a variety of institutional investors in the last quarter, including Park National Corp OH. Company insiders that have sold Target company stock in the last two years 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, Michael J Fiddelke, 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 bought by a variety of institutional investors in the last quarter, including Insight Wealth Strategies LLC, and First Financial Bank Trust Division.
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.
Compare Top Brokerages Here.

What is Target's stock price today?

One share of TGT stock can currently be purchased for approximately $142.38.

How much money does Target make?

Target (NYSE:TGT) has a market capitalization of $66.02 billion and generates $106.01 billion in revenue each year. The retailer earns $6.95 billion in net income (profit) each year or $12.059990 on an earnings per share basis.

How many employees does Target have?

Target 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 Target 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 7/2/2022 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 | U.S. Based Support Team at 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 | 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 disclaimer.