Target Corporation (TGT)
| Market Cap | 62.93B |
| Revenue (ttm) | 107.57B |
| Net Income (ttm) | 4.37B |
| Shares Out | 458.21M |
| EPS (ttm) | 9.43 |
| PE Ratio | 14.56 |
| Forward PE | 15.21 |
| Dividend | $4.48 (3.26%) |
| Ex-Dividend Date | Nov 20, 2024 |
| Volume | 4,041,119 |
| Open | 134.50 |
| Previous Close | 133.61 |
| Day's Range | 134.14 - 137.69 |
| 52-Week Range | 120.21 - 181.86 |
| Beta | 1.16 |
| Analysts | Buy |
| Price Target | 159.81 (+16.36%) |
| Earnings Date | Mar 4, 2025 |
About TGT
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. It also provides dry grocery, dairy, frozen food, beverages, candy, snacks, deli, bakery, meat, and food service; electronics, which includes video game hardware and software, toys, entertainment, sporting goods, and luggage; and furniture, ligh... [Read more]
Financial Performance
In 2023, Target's revenue was $107.41 billion, a decrease of -1.57% compared to the previous year's $109.12 billion. Earnings were $4.14 billion, an increase of 48.85%.
Financial StatementsAnalyst Forecast
According to 31 analysts, the average rating for TGT stock is "Buy." The 12-month stock price forecast is $159.81, which is an increase of 16.36% from the latest price.
News
Market Navigator: Paid to wait out turnarounds
Matt Powers, managing partner at Powers Advisory Group, joins CNBC's 'Power Lunch' to break down how he's finding value in a concentrated market.
Target Hits Bullseye On Holiday Sales, But Margin Pressures Loom: The Bull Vs. Bear Case For 2025
Target Corp TGT pre-announced sales results for November and December on Jan. 16, with 2.8% growth in total sales and comparable sales up 2.0%.
Retailers face mixed holiday season: Target and A&F excel, Macy's and Kohl's lag behind
American shoppers surprised industry watchers during the 2024 holiday season, with retail sales rising 4% compared to the previous year, according to Commerce Department data. This growth was driven b...
Target stock price forms bullish pattern, pointing to a rebound
Target stock price continued to underperform the retail sector in the past few years as its growth trajectory waned and competition rose. TGT peaked at $245 in 2021 and then crashed by over 45% to the...
Target announces holiday sales exceeded expectations — but not profit as discounts reign king
The retailer now expects same-store sales growth of 1.5% for stores open at least 13 months in the fourth quarter – above previous expectations that it would stay flat.
3-Stock Lunch: Target, Southwest Airlines, & Taiwan Semiconductor
Victoria Greene, G Squared Private Wealth CIO, joins CNBC's 'Power Lunch' to share her outlooks on three stocks.
TGT Still Losing to AMZN Online, Relying on Economy for Comeback
Target's (TGT) holiday sales came in strong but the stock still fell on Thursday. @LikeFolio's Andy Swan notes the stock's "rough time" after investors left Target in exodus since 2021.
Target's Apparel Performance Provides Optimism, Analyst Favors Top End Of EPS Outlook
JP Morgan analyst Christopher Horvers reiterated the Neutral rating on Target Corporation TGT.
Stocks in the news today: TSM, UNH, BAC, FNMA, MS, and TGT
Investors are keeping a close eye on the markets as major companies make headlines. Here's a detailed look at the latest developments for Taiwan Semiconductor Manufacturing Co. (TSM), UnitedHealth Gro...
Target Lifts Comp Sales Outlook After Strong Holiday Shopping Season
Target (TGT) on Thursday lifted its projection for comparable store sales growth in the fourth quarter on the back of a stronger-than-expected holiday shopping season.
Retail Sales Data Falls, NFLX Price Target Hike, TGT's Upbeat Holiday
Jenny Horne covers retail sales data, which came in below expectations. She highlights the strength of the consumer as the control group sales rose.
Target says its holiday sales were better than expected — but its profits weren't
Target raised its fourth-quarter sales forecast, as customer traffic across stores and its website rose and deals attracted holiday shoppers. The discounter said Black Friday and Cyber Monday saw reco...
Target Corporation Provides Holiday Sales Update, Announces Leadership Team Changes
During November and December combined, total sales increased 2.8 percent, comparable sales increased 2.0 percent and digital sales grew nearly 9 percent over the prior year Guest traffic increased ne...
Target Corporation Declares Regular Quarterly Dividend
MINNEAPOLIS , Jan. 15, 2025 /PRNewswire/ -- The board of directors of Target Corporation (NYSE:TGT) has declared a quarterly dividend of $1.12 per common share. The dividend is payable March 1, 2025 ...
Some Retail Stocks Could Take Hits From the Los Angeles Wildfires
Target (TGT) is among the retailers with the most exposure to the deadly wildfires that have raged this week in the Los Angeles area, JPMorgan analysts said Friday.
Target Is Expanding Its Wellness Assortment with 2,000 New Items, More Than Half Under $10
More than 600 only-at-Target wellness products, including functional beverages, hair health and wellness technology, will help consumers discover newness at every stage of their wellness journeys MINN...
My Best Dividend Aristocrats For January 2025
The ProShares S&P 500 Dividend Aristocrat ETF rocked a cool 4.85% gain in November, but it's giving up nearly half of its return this year in December. I present 3 strategies that can theoretically be...
3-Stock Lunch: Apple, Target & Coinbase
Eric Clark, Accuvest Global Advisors portfolio manager, joins 'Power Lunch' to discuss stock plays for three stocks.
Target's Holiday Clearance Event Begins Today, Featuring Deals of up to 50% off on Clothing, Shoes, Beauty, Toys and More
MINNEAPOLIS , Dec. 26, 2024 /PRNewswire/ -- Target Corporation (NYSE: TGT) announced that its annual Target Holiday Clearance Event kicks off today with deep deals across its assortment, including clo...
Target: Shares Too Cheap To Just Window Shop
I reiterate a buy rating on Target despite recent operational missteps and disappointing earnings, seeing it as undervalued with a compelling valuation gap compared to Walmart. Target's Q3 earnings re...
Target's holiday advertising push will only take it so far, investors say
In the most competitive holiday season in years, major U.S. retailers Target and Walmart are spending more on ads to reach shoppers on short-video app TikTok and streaming platforms.
How e-commerce is disrupting traditional seasonal work in retail
Online shopping sales reached a record $41.1 billion this holiday season. The shift to e-commerce has continued to transform the seasonal work landscape.
Final Trades: Freeport McMoran, Columbia Banking, P&G and Target
It's Friday's Final Trades—don't miss the Investment Committee's top picks for the week!