S&P 500   4,228.46 (+0.50%)
DOW   33,434.97 (+0.29%)
QQQ   326.91 (+0.87%)
AAPL   170.45 (+1.16%)
MSFT   288.67 (+0.57%)
META   179.66 (+1.22%)
GOOGL   119.91 (+0.90%)
AMZN   141.02 (+0.27%)
TSLA   865.96 (+0.71%)
NVDA   184.40 (+2.78%)
NIO   20.63 (-0.91%)
BABA   92.53 (-2.47%)
AMD   101.08 (+3.02%)
MU   63.95 (+2.62%)
T   18.13 (+0.50%)
CGC   3.21 (+1.90%)
GE   78.82 (-0.10%)
F   15.96 (+0.82%)
DIS   121.00 (+2.81%)
AMC   25.42 (-0.16%)
PYPL   101.04 (+1.95%)
PFE   49.23 (+1.95%)
NFLX   245.31 (+1.08%)
S&P 500   4,228.46 (+0.50%)
DOW   33,434.97 (+0.29%)
QQQ   326.91 (+0.87%)
AAPL   170.45 (+1.16%)
MSFT   288.67 (+0.57%)
META   179.66 (+1.22%)
GOOGL   119.91 (+0.90%)
AMZN   141.02 (+0.27%)
TSLA   865.96 (+0.71%)
NVDA   184.40 (+2.78%)
NIO   20.63 (-0.91%)
BABA   92.53 (-2.47%)
AMD   101.08 (+3.02%)
MU   63.95 (+2.62%)
T   18.13 (+0.50%)
CGC   3.21 (+1.90%)
GE   78.82 (-0.10%)
F   15.96 (+0.82%)
DIS   121.00 (+2.81%)
AMC   25.42 (-0.16%)
PYPL   101.04 (+1.95%)
PFE   49.23 (+1.95%)
NFLX   245.31 (+1.08%)
S&P 500   4,228.46 (+0.50%)
DOW   33,434.97 (+0.29%)
QQQ   326.91 (+0.87%)
AAPL   170.45 (+1.16%)
MSFT   288.67 (+0.57%)
META   179.66 (+1.22%)
GOOGL   119.91 (+0.90%)
AMZN   141.02 (+0.27%)
TSLA   865.96 (+0.71%)
NVDA   184.40 (+2.78%)
NIO   20.63 (-0.91%)
BABA   92.53 (-2.47%)
AMD   101.08 (+3.02%)
MU   63.95 (+2.62%)
T   18.13 (+0.50%)
CGC   3.21 (+1.90%)
GE   78.82 (-0.10%)
F   15.96 (+0.82%)
DIS   121.00 (+2.81%)
AMC   25.42 (-0.16%)
PYPL   101.04 (+1.95%)
PFE   49.23 (+1.95%)
NFLX   245.31 (+1.08%)
S&P 500   4,228.46 (+0.50%)
DOW   33,434.97 (+0.29%)
QQQ   326.91 (+0.87%)
AAPL   170.45 (+1.16%)
MSFT   288.67 (+0.57%)
META   179.66 (+1.22%)
GOOGL   119.91 (+0.90%)
AMZN   141.02 (+0.27%)
TSLA   865.96 (+0.71%)
NVDA   184.40 (+2.78%)
NIO   20.63 (-0.91%)
BABA   92.53 (-2.47%)
AMD   101.08 (+3.02%)
MU   63.95 (+2.62%)
T   18.13 (+0.50%)
CGC   3.21 (+1.90%)
GE   78.82 (-0.10%)
F   15.96 (+0.82%)
DIS   121.00 (+2.81%)
AMC   25.42 (-0.16%)
PYPL   101.04 (+1.95%)
PFE   49.23 (+1.95%)
NFLX   245.31 (+1.08%)

Target - TGT Stock Forecast, Price & News

$171.43
+1.83 (+1.08%)
(As of 08/12/2022 10:35 AM ET)
Add
Compare
Today's Range
$170.06
$171.90
50-Day Range
$139.30
$169.67
52-Week Range
$137.16
$268.98
Volume
25,757 shs
Average Volume
3.48 million shs
Market Capitalization
$79.49 billion
P/E Ratio
14.21
Dividend Yield
2.12%
Price Target
$189.15

Target MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.73 Rating Score
Upside/​Downside
11.5% 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
0.04mentions 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
43.38%
From $8.46 to $12.13 Per Share

Overall MarketRank

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

3.16 out of 5 stars

Retail/Wholesale Sector

5th 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.

Target Stock Down 0.0 %

TGT opened at $169.60 on Friday. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.87 and a quick ratio of 0.14. The stock has a market capitalization of $78.64 billion, a price-to-earnings ratio of 14.06, a price-to-earnings-growth ratio of 1.90 and a beta of 1.03. The business has a 50-day moving average of $152.23 and a two-hundred day moving average of $191.70. Target has a 12 month low of $137.16 and a 12 month high of $268.98.

Target (NYSE:TGT - Get Rating) last posted its quarterly earnings results on Wednesday, May 18th. The retailer reported $2.19 EPS for the quarter, missing the consensus estimate of $3.00 by ($0.81). Target had a net margin of 5.48% and a return on equity of 44.75%. The business had revenue of $24.83 billion during the quarter, compared to analysts' expectations of $24.48 billion. During the same quarter last year, the firm earned $3.69 EPS. The firm's quarterly revenue was up 4.0% compared to the same quarter last year. On average, research analysts expect that Target will post 8.48 earnings per share for the current year.

Target Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Saturday, September 10th. Stockholders of record on Wednesday, August 17th will be issued a dividend of $1.08 per share. The ex-dividend date of this dividend is Tuesday, August 16th. This represents a $4.32 dividend on an annualized basis and a dividend yield of 2.55%. This is a boost from Target's previous quarterly dividend of $0.90. Target's payout ratio is presently 29.85%.

Analyst Ratings Changes

TGT has been the subject of several recent research reports. Morgan Stanley decreased their price target on Target from $255.00 to $190.00 and set an "equal weight" rating for the company in a report on Wednesday, June 8th. Citigroup decreased their price target on Target from $188.00 to $184.00 and set a "buy" rating for the company in a report on Wednesday, June 8th. Truist Financial reduced their target price on Target from $171.00 to $150.00 and set a "hold" rating for the company in a report on Wednesday, June 8th. Telsey Advisory Group reduced their target price on Target from $200.00 to $185.00 and set an "outperform" rating for the company in a report on Wednesday, June 8th. Finally, Jefferies Financial Group reduced their target price on Target from $252.00 to $168.00 and set a "hold" rating for the company in a report on Thursday, May 19th. Nine equities 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 MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $189.15.

Insider Transactions at Target

In other 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 transaction of $6,367,690.20. Following the completion of the sale, the insider now owns 157,333 shares in the company, valued at approximately $22,023,473.34. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company 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
Why Is Target (TGT) Stock in the Spotlight Today?
Target (NYSE:TGT) Price Target Cut to $215.00
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
8/12/2022
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
+10.3%
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
$19.66 per share
Book Value
$26.77 per share

Miscellaneous

Free Float
462,351,000
Market Cap
$79.49 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 research analysts have issued "buy," "hold," and "sell" ratings for Target in the last twelve months. There are currently 8 hold ratings, 17 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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 research analysts have issued 12 month price targets for Target's shares. Their TGT share price forecasts range from $150.00 to $235.00. On average, they expect the company's stock price to reach $189.15 in the next twelve months. This suggests a possible upside of 11.5% 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 start of the year. Since then, TGT stock has decreased by 26.7% and is now trading at $169.60.
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) released its earnings results on Wednesday, May, 18th. The retailer reported $2.19 earnings per share for the quarter, missing the consensus estimate 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%. The business's revenue was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the business 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. 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 dividend on an annualized basis and a dividend yield of 2.55%. The ex-dividend date is Tuesday, August 16th. This is a boost 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 2.12%. 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 29.68% 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 announced that its Board of Directors has authorized a share repurchase program on Wednesday, August 18th 2021, which permits the company to buyback $15,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 12.4% of its shares through open market purchases. Shares buyback programs are usually 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 a number of retail and institutional investors. Top institutional shareholders include California Public Employees Retirement System (0.51%), Jennison Associates LLC (0.49%), Swiss National Bank (0.45%), US Bancorp DE (0.39%), Sumitomo Mitsui Trust Holdings Inc. (0.39%) and Deutsche Bank AG (0.34%). 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 $169.60.

How much money does Target make?

Target (NYSE:TGT) has a market capitalization of $78.64 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 8/12/2022 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.