Roth Capital Issues Negative Forecast for Target Earnings

Target Co. (NYSE:TGT) – Research analysts at Roth Capital lowered their Q1 2026 earnings per share estimates for shares of Target in a research note issued to investors on Thursday, November 21st. Roth Capital analyst W. Kirk now anticipates that the retailer will earn $2.16 per share for the quarter, down from their previous estimate of $2.45. The consensus estimate for Target’s current full-year earnings is $9.58 per share. Roth Capital also issued estimates for Target’s Q2 2026 earnings at $2.76 EPS.

Other research analysts have also issued reports about the company. Deutsche Bank Aktiengesellschaft lowered Target from a “buy” rating to a “hold” rating and dropped their target price for the stock from $184.00 to $108.00 in a research report on Wednesday. Oppenheimer lowered their price objective on Target from $200.00 to $180.00 and set an “outperform” rating on the stock in a report on Wednesday, August 14th. Hsbc Global Res lowered Target from a “strong-buy” rating to a “hold” rating in a report on Wednesday. Bank of America lowered their price objective on Target from $195.00 to $160.00 and set a “buy” rating on the stock in a report on Thursday. Finally, Jefferies Financial Group increased their price objective on Target from $190.00 to $195.00 and gave the company a “buy” rating in a report on Thursday, August 22nd. One research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Target has a consensus rating of “Moderate Buy” and an average target price of $162.13.

Target Stock Performance

Shares of TGT stock opened at $125.01 on Friday. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.94 and a quick ratio of 0.27. Target has a fifty-two week low of $120.21 and a fifty-two week high of $181.86. The stock’s 50-day moving average is $151.27 and its two-hundred day moving average is $149.61. The firm has a market cap of $57.59 billion, a P/E ratio of 13.26, a PEG ratio of 1.57 and a beta of 1.24.

Target (NYSE:TGT) last issued its earnings results on Wednesday, November 20th. The retailer reported $1.85 earnings per share for the quarter, missing the consensus estimate of $2.30 by ($0.45). Target had a return on equity of 31.11% and a net margin of 4.06%. The firm had revenue of $25.23 billion during the quarter, compared to analyst estimates of $25.87 billion. During the same period in the previous year, the company earned $2.10 earnings per share. The business’s revenue for the quarter was up .9% on a year-over-year basis.

Target Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Wednesday, November 20th will be issued a dividend of $1.12 per share. The ex-dividend date is Wednesday, November 20th. This represents a $4.48 annualized dividend and a yield of 3.58%. Target’s dividend payout ratio is presently 47.51%.

Insiders Place Their Bets

In other news, CAO Matthew A. Liegel sold 1,000 shares of the business’s stock in a transaction dated Friday, August 30th. The stock was sold at an average price of $153.13, for a total value of $153,130.00. Following the sale, the chief accounting officer now directly owns 7,276 shares in the company, valued at $1,114,173.88. The trade was a 12.08 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Brian C. Cornell sold 45,000 shares of the company’s stock in a transaction dated 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 sale, the insider now owns 303,843 shares in the company, valued at $48,210,768.81. The trade was a 12.90 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 52,348 shares of company stock worth $8,290,995. Corporate insiders own 0.15% of the company’s stock.

Hedge Funds Weigh In On Target

A number of institutional investors have recently bought and sold shares of the business. Westside Investment Management Inc. grew its position in shares of Target by 5.6% in the third quarter. Westside Investment Management Inc. now owns 1,684 shares of the retailer’s stock valued at $257,000 after purchasing an additional 90 shares during the last quarter. Invst LLC boosted its stake in shares of Target by 2.4% in the third quarter. Invst LLC now owns 11,760 shares of the retailer’s stock valued at $1,833,000 after buying an additional 276 shares during the period. Soltis Investment Advisors LLC bought a new stake in shares of Target in the third quarter valued at approximately $326,000. Rehmann Capital Advisory Group boosted its stake in shares of Target by 234.3% in the third quarter. Rehmann Capital Advisory Group now owns 7,237 shares of the retailer’s stock valued at $1,159,000 after buying an additional 5,072 shares during the period. Finally, TD Private Client Wealth LLC boosted its stake in shares of Target by 4.8% in the third quarter. TD Private Client Wealth LLC now owns 8,140 shares of the retailer’s stock valued at $1,269,000 after buying an additional 375 shares during the period. Institutional investors and hedge funds own 79.73% of the company’s stock.

About Target

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.