Zacks Research Brokers Reduce Earnings Estimates for Target

Target Co. (NYSE:TGT) – Zacks Research lowered their Q1 2026 earnings per share (EPS) estimates for Target in a research report issued on Wednesday, December 4th. Zacks Research analyst S. Singh now expects that the retailer will earn $2.05 per share for the quarter, down from their previous forecast of $2.24. The consensus estimate for Target’s current full-year earnings is $8.60 per share. Zacks Research also issued estimates for Target’s Q2 2026 earnings at $2.60 EPS, Q1 2027 earnings at $2.20 EPS and Q2 2027 earnings at $2.80 EPS.

Other research analysts have also issued reports about the company. Roth Mkm dropped their price target on Target from $157.00 to $131.00 and set a “neutral” rating on the stock in a research report on Thursday, November 21st. Hsbc Global Res lowered Target from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 20th. Guggenheim dropped their target price on Target from $180.00 to $145.00 and set a “buy” rating on the stock in a research report on Thursday, November 21st. HSBC lowered Target from a “buy” rating to a “hold” rating and set a $138.00 target price on the stock. in a research report on Wednesday, November 20th. Finally, Sanford C. Bernstein assumed coverage on Target in a research report on Tuesday, October 22nd. They issued a “market perform” rating and a $168.00 target price on the stock. One investment analyst has rated the stock with a sell rating, seventeen have assigned a hold rating and fifteen have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $160.30.

Target Stock Up 2.5 %

NYSE:TGT opened at $132.41 on Friday. The firm has a market capitalization of $60.67 billion, a price-to-earnings ratio of 14.04, a PEG ratio of 2.16 and a beta of 1.17. Target has a 1-year low of $120.21 and a 1-year high of $181.86. The company has a current ratio of 0.94, a quick ratio of 0.25 and a debt-to-equity ratio of 0.99. The business’s fifty day moving average price is $146.84 and its 200 day moving average price is $147.78.

Target (NYSE:TGT) last posted its quarterly 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). The business had revenue of $25.23 billion for the quarter, compared to analyst estimates of $25.87 billion. Target had a net margin of 4.06% and a return on equity of 31.11%. The firm’s quarterly revenue was up .9% on a year-over-year basis. During the same period in the previous year, the firm posted $2.10 earnings per share.

Target Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 10th. Investors of record on Wednesday, November 20th will be paid a dividend of $1.12 per share. The ex-dividend date of this dividend is Wednesday, November 20th. This represents a $4.48 annualized dividend and a yield of 3.38%. Target’s payout ratio is 47.51%.

Insider Activity at Target

In other Target news, insider Richard H. Gomez sold 6,348 shares of the firm’s stock in a transaction that occurred on Friday, September 27th. The stock was sold at an average price of $157.17, for a total value of $997,715.16. Following the completion of the sale, the insider now owns 123,551 shares in the company, valued at approximately $19,418,510.67. This trade represents a 4.89 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.15% of the stock is owned by corporate insiders.

Institutional Trading of Target

A number of hedge funds have recently modified their holdings of the company. Cynosure Group LLC lifted its position in shares of Target by 4.3% in the 3rd quarter. Cynosure Group LLC now owns 1,590 shares of the retailer’s stock worth $248,000 after acquiring an additional 65 shares during the period. Financial Advocates Investment Management lifted its position in shares of Target by 1.2% in the 3rd quarter. Financial Advocates Investment Management now owns 5,736 shares of the retailer’s stock worth $894,000 after acquiring an additional 67 shares during the period. Hancock Whitney Corp lifted its position in shares of Target by 3.3% during the 3rd quarter. Hancock Whitney Corp now owns 2,156 shares of the retailer’s stock worth $336,000 after buying an additional 68 shares during the period. Beacon Capital Management LLC lifted its position in shares of Target by 20.8% during the 2nd quarter. Beacon Capital Management LLC now owns 400 shares of the retailer’s stock worth $59,000 after buying an additional 69 shares during the period. Finally, Integral Investment Advisors Inc. lifted its position in shares of Target by 5.3% during the 2nd quarter. Integral Investment Advisors Inc. now owns 1,382 shares of the retailer’s stock worth $203,000 after buying an additional 69 shares during the period. 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.