Research Analysts Set Expectations for Target Q4 Earnings

Target Co. (NYSE:TGT) – Stock analysts at Telsey Advisory Group reduced their Q4 2026 earnings per share (EPS) estimates for shares of Target in a research report issued on Wednesday, November 20th. Telsey Advisory Group analyst J. Feldman now expects that the retailer will earn $2.73 per share for the quarter, down from their prior forecast of $3.07. Telsey Advisory Group currently has a “Outperform” rating and a $195.00 target price on the stock. The consensus estimate for Target’s current full-year earnings is $9.55 per share.

TGT has been the subject of several other research reports. Roth Mkm dropped their price objective on shares of Target from $157.00 to $131.00 and set a “neutral” rating for the company in a research report on Thursday. Jefferies Financial Group increased their price target on Target from $190.00 to $195.00 and gave the company a “buy” rating in a report on Thursday, August 22nd. Hsbc Global Res lowered Target from a “strong-buy” rating to a “hold” rating in a research report on Wednesday. StockNews.com downgraded Target from a “strong-buy” rating to a “hold” rating in a research report on Thursday. Finally, Melius Research began coverage on Target in a report on Monday, September 23rd. They set a “buy” rating and a $180.00 target price on the stock. One investment analyst has rated the stock with a sell rating, fifteen have assigned a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Target has a consensus rating of “Moderate Buy” and a consensus target price of $162.13.

Target Stock Up 2.8 %

TGT opened at $125.01 on Friday. The company has a market cap of $57.59 billion, a PE ratio of 12.91, a price-to-earnings-growth ratio of 2.03 and a beta of 1.24. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.27 and a current ratio of 0.90. Target has a 1 year low of $120.21 and a 1 year high of $181.86. The firm has a 50 day moving average price of $151.27 and a 200 day moving average price of $149.69.

Target (NYSE:TGT) last announced its quarterly earnings results on Wednesday, November 20th. The retailer reported $1.85 EPS for the quarter, missing the consensus estimate of $2.30 by ($0.45). The firm had revenue of $25.23 billion for the quarter, compared to analyst estimates of $25.87 billion. Target had a return on equity of 33.10% and a net margin of 4.18%. The business’s revenue was up .9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.10 earnings per share.

Target Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Wednesday, November 20th will be issued a $1.12 dividend. This represents a $4.48 annualized dividend and a dividend yield of 3.58%. The ex-dividend date is Wednesday, November 20th. Target’s dividend payout ratio (DPR) is presently 46.28%.

Insider Activity at Target

In related news, CAO Matthew A. Liegel sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, August 30th. The stock was sold at an average price of $153.13, for a total transaction of $153,130.00. Following the completion of the transaction, the chief accounting officer now owns 7,276 shares in the company, valued at $1,114,173.88. The trade was a 12.08 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Brian C. Cornell sold 45,000 shares of the stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of $158.67, for a total value of $7,140,150.00. Following the completion of the sale, the insider now directly owns 303,843 shares in the company, valued at $48,210,768.81. This represents a 12.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 52,348 shares of company stock valued at $8,290,995 in the last quarter. Insiders own 0.15% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of TGT. Triad Wealth Partners LLC bought a new stake in shares of Target during the second quarter valued at approximately $25,000. Legacy Investment Solutions LLC bought a new stake in Target during the 3rd quarter valued at $28,000. Slocum Gordon & Co LLP acquired a new position in Target during the 2nd quarter worth $28,000. Hobbs Group Advisors LLC acquired a new position in shares of Target during the second quarter valued at $31,000. Finally, Wolff Wiese Magana LLC increased its holdings in shares of Target by 156.5% during the third quarter. Wolff Wiese Magana LLC now owns 218 shares of the retailer’s stock valued at $34,000 after purchasing an additional 133 shares during the period. Institutional investors own 79.73% of the company’s stock.

Target Company Profile

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.