Target Corporation operates as a general merchandise retailer in the United States. The company offers beauty and household essentials; food assortments, including perishables, dry grocery, dairy, and frozen items; and apparel, accessories, home décor products, electronics, toys, seasonal offerings, and other merchandise. The company also provides in-store amenities, such as Target Café, Target Optical, Starbucks, and other food service offerings.
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Industry, Sector and Symbol
Industry Variety stores
Sub-IndustryGeneral Merchandise Stores
SectorRetail/Wholesale
Phone612-304-6073
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$75.36 billion
Profitability
Miscellaneous
Employees360,000
Next Earnings Date11/19/2019 (Estimated)
OptionableOptionable
Target (NYSE:TGT) Frequently Asked Questions
What is Target's stock symbol?
Target trades on the New York Stock Exchange (NYSE) under the ticker symbol "TGT."
How often does Target pay dividends? What is the dividend yield for Target?
Target announced a quarterly dividend on Thursday, September 19th. Stockholders of record on Wednesday, November 20th will be given a dividend of $0.66 per share on Tuesday, December 10th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 2.32%. The ex-dividend date of this dividend is Tuesday, November 19th. View Target's Dividend History.
How will Target's stock buyback program work?
Target declared that its board has authorized a stock buyback plan on Thursday, September 19th 2019, which permits the company to buyback $5,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 9.1% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's management believes its shares are undervalued.
How were Target's earnings last quarter?
Target Co. (NYSE:TGT) released its quarterly earnings results on Wednesday, August, 21st. The retailer reported $1.82 EPS for the quarter, topping the consensus estimate of $1.61 by $0.21. The retailer had revenue of $18.42 billion for the quarter, compared to the consensus estimate of $18.32 billion. Target had a net margin of 4.10% and a return on equity of 27.43%. The business's quarterly revenue was up 3.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.47 earnings per share. View Target's Earnings History.
When is Target's next earnings date?
What guidance has Target issued on next quarter's earnings?
Target issued an update on its FY20 earnings guidance on Wednesday, August, 21st. The company provided EPS guidance of $5.90-6.20 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.94.
What price target have analysts set for TGT?
22 analysts have issued twelve-month price objectives for Target's stock. Their forecasts range from $62.30 to $131.00. On average, they anticipate Target's share price to reach $106.87 in the next twelve months. This suggests that the stock has a possible downside of 6.0%. View Analyst Price Targets for Target.
What is the consensus analysts' recommendation for Target?
22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Target in the last year. There are currently 5 hold ratings, 16 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Target.
Has Target been receiving favorable news coverage?
Media headlines about TGT stock have trended somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Target earned a media sentiment score of -1.2 on InfoTrie's scale. They also gave media coverage about the retailer a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Target.
Are investors shorting Target?
Target saw a drop in short interest during the month of September. As of September 30th, there was short interest totalling 14,260,000 shares, a drop of 28.0% from the August 30th total of 19,810,000 shares. Based on an average daily trading volume, of 5,560,000 shares, the days-to-cover ratio is currently 2.6 days. Currently, 2.8% of the shares of the stock are sold short. View Target's Current Options Chain.
Who are some of Target's key competitors?
What other stocks do shareholders of Target own?
Who are Target's key executives?
Target's management team includes the folowing people:
- Mr. Brian C. Cornell, Chairman & CEO (Age 60)
- Ms. Catherine R. Smith, Exec. VP & CFO (Age 55)
- Mr. John J. Mulligan, Exec. VP & COO (Age 53)
- Mr. Michael Edward McNamara, Exec. VP & Chief Information Officer (Age 54)
- Ms. Janna Adair Potts, Exec. VP & Chief Stores Officer (Age 51)
Who are Target's major shareholders?
Target's stock is owned by a number of of institutional and retail investors. Top institutional investors include Robeco Institutional Asset Management B.V. (0.45%), Focused Investors LLC (0.26%), Hamlin Capital Management LLC (0.18%), Envestnet Asset Management Inc. (0.14%), Miller Howard Investments Inc. NY (0.13%) and Strs Ohio (0.09%). 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.
Which major investors are selling Target stock?
TGT stock was sold by a variety of institutional investors in the last quarter, including Miller Howard Investments Inc. NY, Hamlin Capital Management LLC, Robeco Institutional Asset Management B.V., Gateway Investment Advisers LLC, Exane Derivatives, Country Club Trust Company n.a., CX Institutional and Viking Fund Management LLC. 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.
Which major investors are buying Target stock?
TGT stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Main Street Research LLC, Calamos Advisors LLC, Atalanta Sosnoff Capital LLC, Strs Ohio, Meeder Asset Management Inc., Garnet Equity Capital Holdings Inc. and State of Alaska Department of Revenue. View Insider Buying and Selling for Target.
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Target's stock price today?
One share of TGT stock can currently be purchased for approximately $113.68.
How big of a company is Target?
Target has a market capitalization of $58.08 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.
What is Target's official website?
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 or via email at [email protected]
MarketBeat Community Rating for Target (NYSE TGT)
MarketBeat's community ratings are surveys of what our community members think about Target and other stocks. Vote "Outperform" if you believe TGT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TGT will underperform the S&P 500 over the long term. You may vote once every thirty days.
