Target Co. (NYSE:TGT - Free Report) - Investment analysts at Zacks Research decreased their Q2 2026 earnings per share (EPS) estimates for shares of Target in a report issued on Tuesday, March 18th. Zacks Research analyst S. Singh now expects that the retailer will post earnings per share of $2.54 for the quarter, down from their previous forecast of $2.60. The consensus estimate for Target's current full-year earnings is $8.69 per share. Zacks Research also issued estimates for Target's Q3 2026 earnings at $2.18 EPS, FY2026 earnings at $9.14 EPS, Q2 2027 earnings at $2.68 EPS, Q3 2027 earnings at $2.33 EPS, FY2027 earnings at $9.80 EPS and FY2028 earnings at $10.25 EPS.
Target (NYSE:TGT - Get Free Report) last released its quarterly earnings results on Tuesday, March 4th. The retailer reported $2.41 EPS for the quarter, topping analysts' consensus estimates of $2.24 by $0.17. The business had revenue of $30.92 billion for the quarter, compared to analyst estimates of $30.83 billion. Target had a net margin of 4.06% and a return on equity of 31.11%.
Other equities analysts have also recently issued reports about the company. DA Davidson dropped their price objective on Target from $153.00 to $140.00 and set a "buy" rating for the company in a report on Wednesday, March 5th. StockNews.com raised shares of Target from a "hold" rating to a "buy" rating in a research report on Thursday. Piper Sandler decreased their target price on shares of Target from $132.00 to $124.00 and set a "neutral" rating on the stock in a report on Wednesday, March 5th. Wells Fargo & Company reduced their price target on shares of Target from $150.00 to $135.00 and set an "overweight" rating on the stock in a research report on Wednesday, March 5th. Finally, Evercore ISI lowered their price objective on shares of Target from $135.00 to $130.00 and set an "in-line" rating for the company in a research report on Wednesday, March 5th. One equities research analyst has rated the stock with a sell rating, seventeen have issued a hold rating and fifteen have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $145.55.
View Our Latest Stock Report on TGT
Target Price Performance
Shares of NYSE TGT traded up $4.37 during midday trading on Thursday, reaching $108.43. The company's stock had a trading volume of 8,519,761 shares, compared to its average volume of 4,959,512. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.25 and a current ratio of 0.94. The company has a market cap of $49.40 billion, a P/E ratio of 11.50, a P/E/G ratio of 1.94 and a beta of 1.18. The business's 50 day moving average price is $125.28 and its two-hundred day moving average price is $137.62. Target has a fifty-two week low of $101.76 and a fifty-two week high of $181.86.
Target Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Sunday, June 1st. Stockholders of record on Wednesday, May 14th will be given a dividend of $1.12 per share. The ex-dividend date is Wednesday, May 14th. This represents a $4.48 dividend on an annualized basis and a dividend yield of 4.13%. Target's dividend payout ratio (DPR) is 50.56%.
Hedge Funds Weigh In On Target
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Legacy Investment Solutions LLC bought a new stake in shares of Target in the 3rd quarter valued at $28,000. Hopwood Financial Services Inc. bought a new stake in Target during the fourth quarter valued at $29,000. Bernard Wealth Management Corp. bought a new stake in Target during the fourth quarter valued at $29,000. MCF Advisors LLC grew its holdings in Target by 175.3% during the 4th quarter. MCF Advisors LLC now owns 256 shares of the retailer's stock worth $35,000 after acquiring an additional 163 shares during the period. Finally, Raleigh Capital Management Inc. raised its position in shares of Target by 110.7% in the 4th quarter. Raleigh Capital Management Inc. now owns 257 shares of the retailer's stock worth $35,000 after acquiring an additional 135 shares in the last quarter. 79.73% of the stock is owned by institutional investors and hedge funds.
About Target
(
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Target Corporation operates as a general merchandise retailer in the United States. The company offers apparel for women, men, boys, girls, toddlers, and infants and newborns, as well as jewelry, accessories, and shoes; and beauty and personal care, baby gear, cleaning, paper products, and pet supplies.
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