Zacks Research Issues Negative Forecast for Target Earnings

Target Co. (NYSE:TGT) – Analysts at Zacks Research lowered their Q1 2026 EPS estimates for shares of Target in a report released on Wednesday, December 4th. Zacks Research analyst S. Singh now expects that the retailer will earn $2.05 per share for the quarter, down from their previous estimate of $2.24. The consensus estimate for Target’s current full-year earnings is $8.60 per share. Zacks Research also issued estimates for Target’s Q2 2026 earnings at $2.60 EPS, Q1 2027 earnings at $2.20 EPS and Q2 2027 earnings at $2.80 EPS.

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

TGT has been the topic of a number of other research reports. Telsey Advisory Group reiterated an “outperform” rating and issued a $195.00 target price on shares of Target in a research note on Wednesday, November 20th. Jefferies Financial Group lifted their price objective on shares of Target from $190.00 to $195.00 and gave the company a “buy” rating in a report on Thursday, August 22nd. Truist Financial upped their target price on shares of Target from $156.00 to $162.00 and gave the stock a “hold” rating in a research note on Thursday, August 22nd. Wells Fargo & Company decreased their price target on shares of Target from $180.00 to $150.00 and set an “overweight” rating for the company in a research note on Wednesday, November 20th. Finally, StockNews.com lowered Target from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 21st. One research analyst has rated the stock with a sell rating, seventeen have issued a hold rating and fifteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, Target presently has an average rating of “Hold” and an average price target of $160.30.

Target Stock Up 2.5 %

Shares of NYSE TGT opened at $132.39 on Friday. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.94 and a quick ratio of 0.25. The firm has a 50-day simple moving average of $146.39 and a two-hundred day simple moving average of $147.56. Target has a 1 year low of $120.21 and a 1 year high of $181.86. The company has a market cap of $60.66 billion, a P/E ratio of 14.04, a PEG ratio of 2.13 and a beta of 1.17.

Institutional Trading of Target

Several institutional investors have recently modified their holdings of the stock. Triad Wealth Partners LLC purchased a new stake in Target in the 2nd quarter valued at $25,000. Legacy Investment Solutions LLC purchased a new stake in Target in the third quarter valued at $28,000. Slocum Gordon & Co LLP acquired a new position in shares of Target in the 2nd quarter valued at $28,000. Hobbs Group Advisors LLC acquired a new position in Target in the second quarter valued at about $31,000. Finally, Wolff Wiese Magana LLC boosted its position in shares of Target by 156.5% during the 3rd quarter. Wolff Wiese Magana LLC now owns 218 shares of the retailer’s stock worth $34,000 after purchasing an additional 133 shares during the period. Institutional investors and hedge funds own 79.73% of the company’s stock.

Insider Buying and Selling

In related news, insider Richard H. Gomez sold 6,348 shares of the business’s stock in a transaction on Friday, September 27th. The shares were sold at an average price of $157.17, for a total value of $997,715.16. Following the completion of the transaction, the insider now directly owns 123,551 shares in the company, valued at $19,418,510.67. The trade was a 4.89 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 0.15% of the company’s stock.

Target Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Wednesday, November 20th will be given a dividend of $1.12 per share. The ex-dividend date is Wednesday, November 20th. This represents a $4.48 dividend on an annualized basis and a yield of 3.38%. Target’s dividend payout ratio is currently 47.51%.

About Target

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.