FY2025 EPS Estimates for Target Co. (NYSE:TGT) Increased by Analyst

Target Co. (NYSE:TGT) – Equities research analysts at Roth Capital boosted their FY2025 EPS estimates for shares of Target in a research report issued to clients and investors on Thursday, August 22nd. Roth Capital analyst W. Kirk now expects that the retailer will post earnings of $9.66 per share for the year, up from their prior estimate of $9.10. The consensus estimate for Target’s current full-year earnings is $9.31 per share. Roth Capital also issued estimates for Target’s Q2 2026 earnings at $3.04 EPS and FY2026 earnings at $11.67 EPS.

Target (NYSE:TGT) last released its quarterly earnings results on Wednesday, August 21st. The retailer reported $2.57 EPS for the quarter, beating analysts’ consensus estimates of $2.18 by $0.39. The firm had revenue of $25.02 billion during the quarter, compared to analyst estimates of $25.19 billion. Target had a net margin of 3.87% and a return on equity of 31.91%. The business’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same period in the previous year, the business earned $1.80 EPS.

TGT has been the subject of several other reports. Evercore ISI upped their target price on shares of Target from $158.00 to $160.00 and gave the stock an “inline” rating in a research report on Thursday. Morgan Stanley reiterated an “overweight” rating and issued a $180.00 target price on shares of Target in a research report on Wednesday, August 21st. Jefferies Financial Group upped their target price on shares of Target from $190.00 to $195.00 and gave the stock a “buy” rating in a research report on Thursday. Citigroup upped their target price on shares of Target from $180.00 to $188.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Deutsche Bank Aktiengesellschaft cut their target price on shares of Target from $209.00 to $190.00 and set a “buy” rating for the company in a research report on Thursday, May 23rd. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $179.52.

Target Stock Up 1.1 %

TGT opened at $158.50 on Monday. The company has a fifty day moving average price of $145.94 and a 200-day moving average price of $154.69. The firm has a market capitalization of $73.33 billion, a P/E ratio of 17.79, a price-to-earnings-growth ratio of 1.38 and a beta of 1.19. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.86 and a quick ratio of 0.27. Target has a one year low of $102.93 and a one year high of $181.86.

Hedge Funds Weigh In On Target

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. increased its position in shares of Target by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 44,945,524 shares of the retailer’s stock valued at $6,401,142,000 after buying an additional 417,818 shares during the period. Massachusetts Financial Services Co. MA grew its holdings in Target by 9.3% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 10,163,864 shares of the retailer’s stock worth $1,447,538,000 after purchasing an additional 868,274 shares during the period. Franklin Resources Inc. grew its holdings in Target by 1.5% in the fourth quarter. Franklin Resources Inc. now owns 9,531,846 shares of the retailer’s stock worth $1,357,525,000 after purchasing an additional 137,180 shares during the period. Norges Bank purchased a new stake in Target in the fourth quarter worth about $759,810,000. Finally, Legal & General Group Plc grew its holdings in Target by 6.8% in the second quarter. Legal & General Group Plc now owns 4,374,851 shares of the retailer’s stock worth $647,652,000 after purchasing an additional 279,656 shares during the period. Hedge funds and other institutional investors own 79.73% of the company’s stock.

Target Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 10th. Stockholders of record on Wednesday, August 21st will be paid a dividend of $1.12 per share. This represents a $4.48 annualized dividend and a dividend yield of 2.83%. This is an increase from Target’s previous quarterly dividend of $1.10. The ex-dividend date is Wednesday, August 21st. Target’s dividend payout ratio is 50.28%.

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.