Zacks Research Estimates Target’s FY2026 Earnings (NYSE:TGT)

Target Co. (NYSE:TGT) – Equities research analysts at Zacks Research lowered their FY2026 EPS estimates for shares of Target in a report issued on Tuesday, January 21st. Zacks Research analyst S. Singh now expects that the retailer will post earnings per share of $9.23 for the year, down from their prior forecast of $9.25. The consensus estimate for Target’s current full-year earnings is $8.68 per share. Zacks Research also issued estimates for Target’s Q4 2026 earnings at $2.50 EPS and FY2027 earnings at $10.10 EPS.

Target (NYSE:TGT) last released its earnings results on Wednesday, November 20th. The retailer reported $1.85 EPS for the quarter, missing the consensus estimate of $2.30 by ($0.45). The firm had revenue of $25.23 billion during the quarter, compared to analysts’ expectations of $25.87 billion. Target had a return on equity of 31.11% and a net margin of 4.06%. The firm’s revenue was up .9% on a year-over-year basis. During the same period in the previous year, the firm posted $2.10 earnings per share.

Several other research firms have also recently commented on TGT. Guggenheim lifted their target price on shares of Target from $145.00 to $155.00 and gave the stock a “buy” rating in a research note on Wednesday. JPMorgan Chase & Co. lowered their price objective on shares of Target from $167.00 to $139.00 and set a “neutral” rating for the company in a research note on Thursday, November 21st. Bank of America lowered their price objective on shares of Target from $195.00 to $160.00 and set a “buy” rating for the company in a research note on Thursday, November 21st. Roth Mkm lowered their price objective on shares of Target from $157.00 to $131.00 and set a “neutral” rating for the company in a research note on Thursday, November 21st. Finally, StockNews.com raised shares of Target from a “hold” rating to a “buy” rating in a research note on Friday, January 17th. One equities research analyst has rated the stock with a sell rating, sixteen have assigned a hold rating and sixteen have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $158.57.

Target Stock Up 0.5 %

TGT stock opened at $137.99 on Thursday. The stock has a market capitalization of $63.23 billion, a P/E ratio of 14.63, a PEG ratio of 2.21 and a beta of 1.16. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.25 and a current ratio of 0.94. Target has a one year low of $120.21 and a one year high of $181.86. The company has a 50 day moving average price of $134.66 and a two-hundred day moving average price of $144.89.

Target Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Saturday, March 1st. Stockholders of record on Wednesday, February 12th will be paid a $1.12 dividend. The ex-dividend date is Wednesday, February 12th. This represents a $4.48 dividend on an annualized basis and a dividend yield of 3.25%. Target’s dividend payout ratio (DPR) is presently 47.51%.

Institutional Investors Weigh In On Target

A number of institutional investors have recently modified their holdings of TGT. Legacy Investment Solutions LLC acquired a new stake in shares of Target in the 3rd quarter valued at about $28,000. Wolff Wiese Magana LLC raised its stake in shares of Target by 156.5% in the 3rd quarter. Wolff Wiese Magana LLC now owns 218 shares of the retailer’s stock valued at $34,000 after purchasing an additional 133 shares in the last quarter. MCF Advisors LLC raised its stake in shares of Target by 175.3% in the 4th quarter. MCF Advisors LLC now owns 256 shares of the retailer’s stock valued at $35,000 after purchasing an additional 163 shares in the last quarter. Raleigh Capital Management Inc. raised its stake in shares of Target by 110.7% in the 4th quarter. Raleigh Capital Management Inc. now owns 257 shares of the retailer’s stock valued at $35,000 after purchasing an additional 135 shares in the last quarter. Finally, FSA Wealth Management LLC acquired a new stake in shares of Target in the 3rd quarter valued at about $36,000. Institutional investors and hedge funds own 79.73% of the company’s stock.

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.