DA Davidson Has Bearish Forecast for Target Q3 Earnings

Target Co. (NYSE:TGT) – Equities researchers at DA Davidson reduced their Q3 2025 earnings estimates for shares of Target in a research report issued on Monday, November 11th. DA Davidson analyst M. Baker now forecasts that the retailer will post earnings of $2.25 per share for the quarter, down from their previous estimate of $2.26. The consensus estimate for Target’s current full-year earnings is $9.54 per share.

Other analysts have also recently issued research reports about the stock. Oppenheimer lowered their target price on shares of Target from $200.00 to $180.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 14th. Daiwa America raised shares of Target to a “strong-buy” rating in a research note on Monday, August 26th. StockNews.com cut shares of Target from a “strong-buy” rating to a “buy” rating in a research note on Tuesday. JPMorgan Chase & Co. upped their price objective on shares of Target from $153.00 to $167.00 and gave the stock a “neutral” rating in a research note on Thursday, August 29th. Finally, Jefferies Financial Group upped their price objective on shares of Target from $190.00 to $195.00 and gave the stock a “buy” rating in a research note on Thursday, August 22nd. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $179.47.

Target Stock Performance

NYSE TGT opened at $154.99 on Tuesday. The stock has a market cap of $71.40 billion, a P/E ratio of 16.01, a PEG ratio of 2.01 and a beta of 1.24. The company’s 50-day simple moving average is $152.46 and its 200 day simple moving average is $150.49. Target has a twelve month low of $108.08 and a twelve month high of $181.86. The company has a quick ratio of 0.27, a current ratio of 0.90 and a debt-to-equity ratio of 0.95.

Target (NYSE:TGT) last released its earnings results on Wednesday, August 21st. The retailer reported $2.57 earnings per share for the quarter, topping analysts’ consensus estimates of $2.18 by $0.39. Target had a net margin of 4.18% and a return on equity of 33.10%. The firm had revenue of $25.02 billion during the quarter, compared to analyst estimates of $25.19 billion. During the same quarter in the previous year, the business earned $1.80 EPS. The business’s revenue was up 1.0% on a year-over-year basis.

Target Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Wednesday, November 20th will be paid a $1.12 dividend. This represents a $4.48 annualized dividend and a yield of 2.89%. The ex-dividend date is Wednesday, November 20th. Target’s payout ratio is presently 46.28%.

Insider Buying and Selling at Target

In other Target news, insider Brian C. Cornell sold 45,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 27th. The shares were 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 owns 303,843 shares of the company’s stock, valued at approximately $48,210,768.81. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CAO Matthew A. Liegel sold 1,000 shares of the stock in a transaction on Friday, August 30th. The shares were sold at an average price of $153.13, for a total transaction of $153,130.00. Following the completion of the sale, the chief accounting officer now owns 7,276 shares of the company’s stock, valued at $1,114,173.88. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 transaction of $7,140,150.00. Following the sale, the insider now directly owns 303,843 shares of the company’s stock, valued at $48,210,768.81. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 52,348 shares of company stock valued at $8,290,995. Corporate insiders own 0.15% of the company’s stock.

Institutional Investors Weigh In On Target

Large investors have recently made changes to their positions in the stock. Triad Wealth Partners LLC bought a new stake in shares of Target during the second quarter worth $25,000. Slocum Gordon & Co LLP bought a new position in Target in the second quarter valued at $28,000. Hobbs Group Advisors LLC bought a new position in Target in the second quarter valued at $31,000. Wolff Wiese Magana LLC grew its position in Target by 156.5% in 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 in the last quarter. Finally, J.Safra Asset Management Corp grew its position in Target by 706.9% in the first quarter. J.Safra Asset Management Corp now owns 234 shares of the retailer’s stock valued at $41,000 after purchasing an additional 205 shares in the last quarter. Institutional investors 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.