What is Zacks Research’s Estimate for Target Q1 Earnings?

Target Co. (NYSE:TGT) – Investment analysts at Zacks Research reduced their Q1 2026 earnings estimates for Target in a research report issued to clients and investors on Tuesday, March 18th. Zacks Research analyst S. Singh now expects that the retailer will post earnings per share of $1.75 for the quarter, down from their prior estimate of $2.05. The consensus estimate for Target’s current full-year earnings is $8.69 per share. Zacks Research also issued estimates for Target’s Q4 2026 earnings at $2.66 EPS, Q1 2027 earnings at $1.98 EPS and Q4 2027 earnings at $2.80 EPS.

Target (NYSE:TGT) last issued its quarterly earnings results on Tuesday, March 4th. The retailer reported $2.41 earnings per share for the quarter, topping the consensus estimate of $2.24 by $0.17. The business had revenue of $30.92 billion for the quarter, compared to analysts’ expectations of $30.83 billion. Target had a net margin of 4.06% and a return on equity of 31.11%.

TGT has been the subject of a number of other reports. Guggenheim boosted their price objective on Target from $145.00 to $155.00 and gave the company a “buy” rating in a research note on Wednesday, January 22nd. Telsey Advisory Group dropped their price target on shares of Target from $150.00 to $145.00 and set an “outperform” rating for the company in a research report on Wednesday, March 5th. Stifel Nicolaus reduced their price objective on shares of Target from $130.00 to $120.00 and set a “hold” rating for the company in a research note on Thursday. StockNews.com upgraded shares of Target from a “hold” rating to a “buy” rating in a research note on Thursday. Finally, Evercore ISI cut their price target on Target from $135.00 to $130.00 and set an “in-line” rating for the company in a research note on Wednesday, March 5th. One analyst has rated the stock with a sell rating, seventeen have assigned a hold rating and fifteen have assigned a buy rating to the stock. According to data from MarketBeat.com, Target has an average rating of “Hold” and an average price target of $145.55.

Target Stock Performance

NYSE:TGT opened at $104.29 on Friday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.25 and a current ratio of 0.94. The stock has a 50-day simple moving average of $125.89 and a two-hundred day simple moving average of $138.03. The firm has a market capitalization of $47.51 billion, a PE ratio of 11.06, a P/E/G ratio of 1.94 and a beta of 1.18. Target has a 52-week low of $101.76 and a 52-week high of $181.86.

Target Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Sunday, June 1st. Investors of record on Wednesday, May 14th will be given a $1.12 dividend. The ex-dividend date is Wednesday, May 14th. This represents a $4.48 dividend on an annualized basis and a yield of 4.30%. Target’s dividend payout ratio is presently 50.56%.

Institutional Investors Weigh In On Target

Hedge funds and other institutional investors have recently made changes to their positions in the company. Cynosure Group LLC lifted its stake in Target by 4.3% in the third quarter. Cynosure Group LLC now owns 1,590 shares of the retailer’s stock worth $248,000 after purchasing an additional 65 shares during the last quarter. Hancock Whitney Corp lifted its stake in shares of Target by 3.3% during the 3rd quarter. Hancock Whitney Corp now owns 2,156 shares of the retailer’s stock worth $336,000 after acquiring an additional 68 shares during the last quarter. Kathmere Capital Management LLC boosted its holdings in Target by 3.0% during the 4th quarter. Kathmere Capital Management LLC now owns 2,541 shares of the retailer’s stock valued at $343,000 after acquiring an additional 73 shares during the period. Cahill Financial Advisors Inc. grew its position in Target by 1.0% in the 3rd quarter. Cahill Financial Advisors Inc. now owns 7,490 shares of the retailer’s stock valued at $1,197,000 after acquiring an additional 76 shares during the last quarter. Finally, Summit Financial Wealth Advisors LLC increased its stake in Target by 2.5% in the third quarter. Summit Financial Wealth Advisors LLC now owns 3,100 shares of the retailer’s stock worth $483,000 after purchasing an additional 76 shares during the period. Hedge funds and other institutional investors 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.