Roth Capital Issues Negative Forecast for Target Earnings

Target Co. (NYSE:TGT) – Research analysts at Roth Capital reduced their Q1 2026 earnings estimates for shares of Target in a research note issued to investors on Wednesday, March 5th. Roth Capital analyst W. Kirk now expects that the retailer will post earnings per share of $1.92 for the quarter, down from their prior forecast of $2.16. The consensus estimate for Target’s current full-year earnings is $8.69 per share. Roth Capital also issued estimates for Target’s Q2 2026 earnings at $2.75 EPS, Q4 2026 earnings at $2.61 EPS and FY2026 earnings at $9.34 EPS.

A number of other research analysts also recently commented on the stock. Wells Fargo & Company cut their target price on shares of Target from $150.00 to $135.00 and set an “overweight” rating on the stock in a research report on Wednesday. Daiwa Capital Markets downgraded shares of Target from an “outperform” rating to a “neutral” rating and cut their target price for the company from $170.00 to $130.00 in a research report on Tuesday, November 26th. Guggenheim raised their target price on shares of Target from $145.00 to $155.00 and gave the company a “buy” rating in a research report on Wednesday, January 22nd. StockNews.com downgraded shares of Target from a “buy” rating to a “hold” rating in a research report on Monday, March 3rd. Finally, Daiwa America downgraded shares of Target from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 26th. One investment analyst has rated the stock with a sell rating, eighteen have given a hold rating and fourteen have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $147.00.

Target Trading Up 0.9 %

Shares of TGT opened at $115.11 on Thursday. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.94 and a quick ratio of 0.25. The firm has a market capitalization of $52.74 billion, a price-to-earnings ratio of 12.21, a PEG ratio of 1.94 and a beta of 1.18. The company has a 50-day moving average of $132.05 and a 200 day moving average of $141.51. Target has a 1-year low of $112.10 and a 1-year high of $181.86.

Target (NYSE:TGT) last announced its quarterly earnings data on Tuesday, March 4th. The retailer reported $2.41 earnings per share for the quarter, beating analysts’ consensus estimates of $2.24 by $0.17. Target had a net margin of 4.06% and a return on equity of 31.11%. The company had revenue of $30.92 billion during the quarter, compared to analyst estimates of $30.83 billion.

Target Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Saturday, March 1st. Shareholders of record on Wednesday, February 12th were paid a dividend of $1.12 per share. This represents a $4.48 annualized dividend and a yield of 3.89%. The ex-dividend date of this dividend was Wednesday, February 12th. Target’s payout ratio is 50.56%.

Institutional Trading of Target

Several institutional investors and hedge funds have recently bought and sold shares of TGT. Harbor Capital Advisors Inc. acquired a new stake in Target during the 3rd quarter valued at approximately $49,000. Impax Asset Management Group plc lifted its stake in Target by 8.6% during the 3rd quarter. Impax Asset Management Group plc now owns 241,447 shares of the retailer’s stock valued at $37,632,000 after acquiring an additional 19,095 shares during the period. Catalyst Capital Advisors LLC acquired a new stake in Target during the 3rd quarter valued at approximately $38,000. Central Bank & Trust Co. lifted its stake in Target by 6.2% during the 3rd quarter. Central Bank & Trust Co. now owns 2,283 shares of the retailer’s stock valued at $356,000 after acquiring an additional 134 shares during the period. Finally, Crestwood Advisors Group LLC lifted its stake in Target by 11.0% during the 3rd quarter. Crestwood Advisors Group LLC now owns 11,267 shares of the retailer’s stock valued at $1,756,000 after acquiring an additional 1,114 shares during the period. 79.73% of the stock is currently owned by institutional investors and hedge funds.

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.