Roth Capital Has Pessimistic Outlook of Target Q1 Earnings

Target Co. (NYSE:TGT) – Roth Capital lowered their Q1 2026 earnings per share (EPS) estimates for Target in a research report issued on Thursday, November 21st. Roth Capital analyst W. Kirk now expects that the retailer will post earnings per share of $2.16 for the quarter, down from their prior forecast of $2.45. The consensus estimate for Target’s current full-year earnings is $9.55 per share. Roth Capital also issued estimates for Target’s Q2 2026 earnings at $2.76 EPS.

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

Several other brokerages also recently issued reports on TGT. Bank of America cut their price objective on shares of Target from $195.00 to $160.00 and set a “buy” rating for the company in a research report on Thursday. Jefferies Financial Group lifted their target price on Target from $190.00 to $195.00 and gave the stock a “buy” rating in a report on Thursday, August 22nd. Oppenheimer cut their price target on Target from $200.00 to $180.00 and set an “outperform” rating for the company in a research note on Wednesday, August 14th. Piper Sandler reduced their price objective on shares of Target from $156.00 to $130.00 and set a “neutral” rating on the stock in a research note on Thursday. Finally, HSBC cut shares of Target from a “buy” rating to a “hold” rating and set a $138.00 target price for the company. in a research report on Wednesday. One analyst has rated the stock with a sell rating, fifteen have issued a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $162.13.

Target Stock Performance

NYSE TGT opened at $125.01 on Friday. Target has a 52-week low of $120.21 and a 52-week high of $181.86. The stock has a market cap of $57.59 billion, a PE ratio of 12.91, a P/E/G ratio of 2.03 and a beta of 1.24. The firm has a 50-day moving average of $151.27 and a 200-day moving average of $149.69. 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 Announces Dividend

The business 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. This represents a $4.48 annualized dividend and a yield of 3.58%. The ex-dividend date is Wednesday, November 20th. Target’s payout ratio is presently 46.28%.

Insider Buying and Selling at Target

In related news, insider Richard H. Gomez sold 6,348 shares of Target stock in a transaction on Friday, September 27th. The shares were sold at an average price of $157.17, for a total transaction of $997,715.16. Following the completion of the transaction, the insider now owns 123,551 shares of the company’s stock, valued at $19,418,510.67. This trade represents a 4.89 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Matthew A. Liegel sold 1,000 shares of the business’s 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 transaction, the chief accounting officer now owns 7,276 shares in the company, valued at approximately $1,114,173.88. The trade was a 12.08 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 52,348 shares of company stock worth $8,290,995. Insiders own 0.15% of the company’s stock.

Institutional Investors Weigh In On Target

A number of hedge funds have recently added to or reduced their stakes in the business. Westside Investment Management Inc. increased its stake in shares of Target by 5.6% in the 3rd quarter. Westside Investment Management Inc. now owns 1,684 shares of the retailer’s stock valued at $257,000 after acquiring an additional 90 shares in the last quarter. Invst LLC boosted its stake in Target by 2.4% during the third quarter. Invst LLC now owns 11,760 shares of the retailer’s stock worth $1,833,000 after acquiring an additional 276 shares in the last quarter. Soltis Investment Advisors LLC bought a new stake in Target in the third quarter valued at $326,000. Rehmann Capital Advisory Group raised its holdings in shares of Target by 234.3% during the third quarter. Rehmann Capital Advisory Group now owns 7,237 shares of the retailer’s stock valued at $1,159,000 after purchasing an additional 5,072 shares during the period. Finally, TD Private Client Wealth LLC boosted its position in shares of Target by 4.8% during the 3rd quarter. TD Private Client Wealth LLC now owns 8,140 shares of the retailer’s stock worth $1,269,000 after purchasing an additional 375 shares in the last quarter. 79.73% of the stock is currently owned by institutional investors.

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.