Target Corporation (TGT)

NYSE: TGT · IEX Real-Time Price · USD
153.15
+1.85 (1.22%)
Jul 16, 2024, 11:18 AM EDT - Market open
1.22%
Market Cap 71.17B
Revenue (ttm) 106.62B
Net Income (ttm) 4.13B
Shares Out 462.64M
EPS (ttm) 8.91
PE Ratio 17.06
Forward PE 16.02
Dividend $4.48 (2.93%)
Ex-Dividend Date Aug 21, 2024
Volume 857,565
Open 151.45
Previous Close 151.30
Day's Range 151.39 - 154.43
52-Week Range 102.93 - 181.86
Beta 1.19
Analysts Buy
Price Target 176.16 (+15.02%)
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]

Industry Discount Stores
Founded 1902
Employees 415,000
Stock Exchange NYSE
Ticker Symbol TGT
Full Company Profile

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 Statements

Analyst Forecast

According to 33 analysts, the average rating for TGT stock is "Buy." The 12-month stock price forecast is $176.16, which is an increase of 15.02% from the latest price.

Price Target
$176.16
(15.02% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Target is a 'really good company,' says former Walmart U.S. CEO Bill Simon

Former Walmart U.S. CEO Bill Simon joins 'Fast Money' with the traders to discuss the key factors impacting the luxury retail market and where the sector is headed.

17 hours ago - CNBC Television

Target Bolsters in-Store Experiences Through Strategic Collaborations

Target is facing increased competition from online retailers with faster delivery and a wider selection of products. Customers are also shopping less frequently in physical stores.

3 days ago - PYMNTS

Is Amazon Stock A Better Retail Pick Over Target?

We believe that Amazon (NASDAQ: AMZN) is a better pick than its industry peer – Target (NYSE: TGT). AMZN stock trades at a higher multiple of 4x sales, versus almost 1x revenues for TGT.

Other symbols: AMZN
5 days ago - Forbes

Wall Street's Most Accurate Analysts Give Their Take On 3 Defensive Stocks With Over 3% Dividend Yields

During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash ...

Other symbols: ADMKO
5 days ago - Benzinga

Calls of the Day: Visa, Regeneron, Target, Spotify, Netflix, Starbucks and McDonald's

The Investment Committee discuss the latest calls of the day.

Other symbols: MCDNFLXREGNSBUXSPOTV
5 days ago - CNBC Television

Target stores to stop accepting personal checks

Target Corp. says customers soon will no longer be able to use personal checks as payment at its stores "due to extremely low volume" of the payment method.

7 days ago - Fox Business

Target will soon stop accepting this form of payment

The change will go into effect on July 15 following the end of Target's popular Circle Week sales event.

10 days ago - New York Post

Target Says Time's Up For Paying With Paper Checks

Paying with paper checks at Target will soon be a thing of the past. The retailer said it will stop accepting personal checks at its stores later this month, according to a recent report by the Minnea...

10 days ago - PYMNTS

Final Trades: Amazon, WW Grainger and Target

The Investment Committee give you their top stocks to watch for the second half.

Other symbols: AMZNGWW
13 days ago - CNBC Television

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 ...

15 days ago - PYMNTS

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.

18 days ago - New York Post

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...

20 days ago - PYMNTS

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.

20 days ago - CNET

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.

Other symbols: SHOP
20 days ago - Schwab Network

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...

Other symbols: SHOP
20 days ago - PYMNTS

Target Stock Slips After Company Lowers More Prices

Bargain hunting is the order of the day, but price wars aren't good for retailers.

21 days ago - Barrons

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...

21 days ago - PRNewsWire

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...

21 days ago - PRNewsWire

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...

Other symbols: SHOP
21 days ago - PYMNTS

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.

Other symbols: SHOP
21 days ago - Investopedia

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...

Other symbols: SHOP
22 days ago - TechCrunch

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...

22 days ago - Invezz

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 ...

Other symbols: SHOP
22 days ago - CNBC

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...

Other symbols: SHOP
22 days ago - PRNewsWire

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 ...

25 days ago - PYMNTS