Target Corporation (TGT)
| Market Cap | 76.06B |
| Revenue (ttm) | 107.41B |
| Net Income (ttm) | 4.14B |
| Shares Out | 461.69M |
| EPS (ttm) | 8.94 |
| PE Ratio | 18.43 |
| Forward PE | 18.20 |
| Dividend | $4.40 (2.67%) |
| Ex-Dividend Date | May 14, 2024 |
| Volume | 2,047,297 |
| Open | 165.15 |
| Previous Close | 164.44 |
| Day's Range | 164.14 - 166.28 |
| 52-Week Range | 102.93 - 181.86 |
| Beta | 1.15 |
| Analysts | Buy |
| Price Target | 181.60 (+10.23%) |
| Earnings Date | May 22, 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 $181.6, which is an increase of 10.23% from the latest price.
News
INVESTIGATION ALERT: Levi & Korsinsky, LLP Announces Investigation of Target Corporation - False Advertising
NEW YORK, NY / ACCESSWIRE / April 26, 2024 / An independent laboratory Valisure recently identified the presence of benzene in products containing benzoyl peroxideBenzoyl peroxide can degrade into ben...
Levi & Korsinsky, LLP Investigates Target Corporation in Connection with False Advertisement
NEW YORK, NY / ACCESSWIRE / April 25, 2024 / An independent laboratory Valisure recently identified the presence of benzene in products containing benzoyl peroxide Benzoyl peroxide can degrade into be...
A new wave of e-commerce disruption could close 45,000 retail stores over the next five years, analysts say
A decade ago, Amazon.com was all the worry in the retail industry — and retailers, to some degree, adapted. But UBS analysts have suggested that e-commerce isn't done with the brick-and-mortar store j...
False Advertisement: Target Corporation Investigated by Levi & Korsinsky, LLP
NEW YORK, NY / ACCESSWIRE / April 22, 2024 / An independent laboratory Valisure recently identified the presence of benzene in products containing benzoyl peroxideBenzoyl peroxide can degrade into ben...
Is Target's Comeback Strategy Too Little, Too Late?
Last year should have been a good one for Target Stores, coming off a year (2022) in which the company had moved up from seventh to sixth place in a ranking by revenue of the country's largest retaile...
INVESTIGATION ALERT: Levi & Korsinsky, LLP Announces Investigation of Target Corporation- False Adve
NEW YORK, NY / ACCESSWIRE / April 18, 2024 / An independent laboratory Valisure recently identified the presence of benzene in products containing benzoyl peroxideBenzoyl peroxide can degrade into ben...
Target Serves Up Exclusive Pickleball Collection with Popular Tennis Brand Prince
The limited-time collection features nearly 80 exclusive items spanning men's and women's apparel, accessories and sporting goods, starting at $9.99 with most items under $50 MINNEAPOLIS , April 16, 2...
Department stores face another squeeze. This time, in store credit card revenue
Store credit cards allow retailers to drive repeat purchases and make a cut of cash. Even before a new CFPB ruling, the revenue segment was under pressure.
TGT Stock Up 21% YTD, What's Next?
Note: TGT's fiscal 2023 ended on Feb 3. After a 21% increase year-to-date, at the current price of around $172 per share, we believe Target (NYSE: TGT), the second-largest discount chain in the U.S. -...
Walmart, Amazon, and Target Are Eating the Retail Sector's Lunch. What's Next.
Shares of giant retailers are outperforming the S&P 500. Shares of smaller peers are slumping, but this could change with a gradual growth in consumption.
Target shopper data, streaming TV ads are key to its sales
While streaming a favorite TV show as her baby naps, an ad for Enfamil NeuroPro infant formula pops on a new mother's screen.
Target Taps Kristen Wiig as 'Target Lady' to Bring the Excitement for Big Spring Savings at Target Circle Kick-Off and Target Circle Week Event
Target Circle Week returns April 7-13 with up to 40% off hundreds of thousands of spring items plus one day-only 10% off Target GiftCards deal Target Circle Week kicks off the launch of the retailer's...
Calls of the Day: Delta, Target and Disney
The Investment Committee debates the latest calls of the day and how to trade them.
Why Jefferies is bullish on Target and Walmart, plus how AI could drive profits
Jefferies analysts are raising their price target on major retailer Target (TGT) to $205, remaining increasingly bullish on the chain over its innovation plans for 2024. Jefferies Senior Vice Presiden...
Macy's hasn't closed its stores yet. But Target, Kohl's CEOs already smell opportunity
Macy's closures of about 150 stores could put up to $2 billion in annual sales up for grabs for other retailers.
Final Trades: Target, Costco and CVS
The Investment Committee give you their top stocks to watch for the second half.
Target doubles bonuses for salaried employees as profits recover
Target's is doubling bonus payments as its profits recover following a bumpy nearly two-year stretch.
Target doubling bonuses for its salaried employees this year: report
Target is reportedly doubling bonuses for its salaried workers this year in a display of financial strength — despite a challenging year for the retailer during which it reported its first decline in ...
Target looks to double bonuses this year, Bloomberg News says
Big-box retailer Target is doubling the bonuses for its salaried employees this year, Bloomberg News reported on Thursday, citing people familiar with the matter.
Target bringing express self-checkout to stores
Target shoppers will see most of Target's nearly 2,000 stores start using an "express self-checkout" format on Sunday. It has limits of 10 items or fewer.
Target cut 25,000 jobs in the past year, even as it increased its store count
Target Corp. has reduced its workforce for two straight years, even as its store count has increased for the past nine years, according to the discount retailer's latest annual report.
Target Corporation Declares Regular Quarterly Dividend
MINNEAPOLIS , March 13, 2024 /PRNewswire/ -- The board of directors of Target Corporation (NYSE:TGT) has declared a quarterly dividend of $1.10 per common share. The dividend is payable June 10, 2024...
Is the department store going the way of the dinosaur?
At 60, I'm old enough to remember a time when it seemed like all Americans did their shopping in department stores.
Arjuna Capital's racial and gender pay scorecard: Starbucks and Target get perfect scores
Natasha Lamb, Arjuna Capital CIO, joins 'Money Movers' to discuss how the company collects its data for its racial and gender pay scorecard, whether pay equality measures are a function of how many se...
Top Wall Street analysts recommend these 3 dividend stocks
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Target and Garmin