Target Corporation (TGT)
| Market Cap | 67.26B |
| Revenue (ttm) | 106.62B |
| Net Income (ttm) | 4.13B |
| Shares Out | 462.64M |
| EPS (ttm) | 8.91 |
| PE Ratio | 16.32 |
| Forward PE | 15.32 |
| Dividend | $4.48 (3.08%) |
| Ex-Dividend Date | Aug 21, 2024 |
| Volume | 3,234,872 |
| Open | 145.50 |
| Previous Close | 145.74 |
| Day's Range | 144.46 - 146.99 |
| 52-Week Range | 102.93 - 181.86 |
| Beta | 1.20 |
| Analysts | Buy |
| Price Target | 176.83 (+21.63%) |
| Earnings Date | Aug 14, 2024 |
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 32 analysts, the average rating for TGT stock is "Buy." The 12-month stock price forecast is $176.83, which is an increase of 21.63% from the latest price.
News
Final Trades: Amazon, WW Grainger and Target
The Investment Committee give you their top stocks to watch for the second half.
Target Tries to Shake Off ‘Pandemic Hangover' as Sales Slump
After seeing revenues surge during the pandemic, Target has been facing tough times. A report Sunday (June 30) by the Financial Times (FT) examines the retailer's recent struggles: sales have slipped ...
Target pushes shoplifting crackdown by telling employees to stop thefts worth at least $50
Target plans to crack down on retail theft by lowering the threshold for how much shoplifters can swipe before employees are allowed to finally step in.
Target Seeks New Marketing Chief in Leadership Shakeup
Target is seeking a new head of marketing amid a spate of leadership changes. The retail giant's current chief marketing officer, Lisa Roath, has been named Target's new chief merchandising officer fo...
Target Circle Week Returns in July, Competing With Amazon Prime Day
One of Target's biggest sale events of the year, Target Circle Week, has just been announced to take place right before Amazon's Prime Day sale.
Target/Shopify Partnership: The Rise of “Cheap Chic”
Target (TGT) is partnering with Shopify (SHOP) to bring new merchants to its digital marketplace. Access to trendy Shopify brands matches Target's “cheap chic” strategy, notes Amanda Lai.
Target Gets a Marketplace and Shopify Merchants Get Distribution
For Target, the most immediate impact adding Shopify sellers to its third-party marketplace may be a lift in its online fortunes. To that end, and as reported this week, Target will begin including se...
Target Stock Slips After Company Lowers More Prices
Bargain hunting is the order of the day, but price wars aren't good for retailers.
Target Announces Return of Target Circle Week July 7-13 with Savings Up to 50% Off Thousands of Items
Members of the free-to-join Target Circle program can save early on back-to-school essentials including 30% off select backpacks and kids' school uniforms throughout Target Circle Week, the retailer's...
Target Announces Updates to Leadership Team
MINNEAPOLIS , June 25, 2024 /PRNewswire/ -- Target Corporation (NYSE: TGT) today announced it has named Christina Hennington , currently chief growth officer, as chief strategy and growth officer, and...
Target to Include Shopify Merchants in Digital Marketplace, Physical Stores
Target will begin including select Shopify merchants on Target Plus, the retailer's third-party digital marketplace. In addition, in the months to come, Target will offer some of these merchants' prod...
Target Teams With Shopify To Boost Online Sales
Target (TGT) shares advanced in intraday trading Monday after the retailer announced a partnership with the e-commerce platform Shopify (SHOP) to boost its online sales.
Target and Shopify team up to expand Target's third-party marketplace
Shopify merchants can now sell their items to Target's millions of shoppers, thanks to a new partnership. The companies announced on Monday that sellers on the commerce platform can apply to join Targ...
Why is the Target (TGT) stock price up $2.75 today?
The Target stock price is up almost 2%, or $2.75, following a couple of significant news announcements from the company today and on last Friday. The TGT share price closed at $143.38 on Friday June 2...
Target taps Shopify to add sellers to its third-party marketplace
Target has struck a deal with Shopify to discover new brands and hot items for its third-party marketplace. For Target, adding the items could help drive online traffic as the discounter tries to get ...
Target and Shopify Partner to Help Consumers Discover and Shop an Expanded Assortment on Target.com
Partnership will bring growth opportunities for new brands and expand the assortment on Target Plus, the retailer's invite-only, third-party online marketplace Select Shopify merchants will feature bo...
Target Pilots GenAI-Powered Chatbot Designed for Store Staffers
Target is piloting a generative artificial intelligence (AI)-powered chatbot that answers store staffers' questions about on-the-job processes. The retailer is piloting the Store Companion chatbot at ...
Target Moves Further Into AI Space With 'Store Companion' Chatbot for Employees
Target (TGT) is leaning further into artificial intelligence (AI), announcing plans Thursday to roll out a new generative AI chatbot to all of its stores this summer.
Target to Roll Out Transformative GenAI Technology to its Store Team Members Chainwide
Retailer's new GenAI-powered chatbot, Store Companion, is designed to make team members' jobs easier and enhance the shopping experience The tool is scheduled to roll out to hundreds of thousands of ...
How Target plans to bounce back with its private-label brands and price cuts
“Target is my backup option,” said Chloe Guss, a shopper at the retail chain for nearly 20 years whose reservations about some of its products may spell trouble for the business.
Target Announces Voting Results from 2024 Annual Meeting of Shareholders
MINNEAPOLIS , June 14, 2024 /PRNewswire/ -- Target Corporation (NYSE: TGT) today announced voting results from its 2024 Annual Meeting of Shareholders held on June 12, 2024 ("Annual Meeting"). Shareho...
Target Aims to Reverse Losses With Private-Label Goods, Price Cuts
Target reportedly lost market share in several of its key product categories in the first quarter. The retailer's share shrank in food and household goods, clothing, electronics, homewares and furnitu...
Target Shares Cross Below 200 DMA
In trading on Friday, shares of Target crossed below their 200 day moving average of $140.93, changing hands as low as $139.71 per share. Target shares are currently trading down about 3% on the day.
Target Hikes Its Dividend: What This Means for Investors
Target raised its dividend again, extending a very impressive streak of annual increases. Here's what you need to know.
Target raises quarterly dividend by 1.8% to $1.12 a share
Target Corp. TGT, -1.57% said Wednesday it's raising its quarterly dividend by 1.8% to $1.12 a share from $1.10 previously. The new dividend is payable Sept.