Roth Capital Analysts Decrease Earnings Estimates for Target

Target Co. (NYSE:TGT) – Research analysts at Roth Capital lowered their FY2025 earnings per share estimates for shares of Target in a research note issued to investors on Thursday, November 21st. Roth Capital analyst W. Kirk now anticipates that the retailer will earn $8.87 per share for the year, down from their previous estimate of $9.66. The consensus estimate for Target’s current full-year earnings is $8.60 per share. Roth Capital also issued estimates for Target’s Q4 2025 earnings at $2.41 EPS, Q3 2026 earnings at $1.99 EPS, Q4 2026 earnings at $2.65 EPS and FY2026 earnings at $9.56 EPS.

Target (NYSE:TGT) last posted 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 analysts’ expectations of $25.87 billion. During the same period last year, the company earned $2.10 earnings per share. Target’s revenue for the quarter was up .9% compared to the same quarter last year.

Several other research analysts have also weighed in on TGT. Jefferies Financial Group upped their target price on Target from $190.00 to $195.00 and gave the stock a “buy” rating in a research report on Thursday, August 22nd. Evercore ISI dropped their price objective on Target from $165.00 to $130.00 and set an “in-line” rating on the stock in a report on Thursday, November 21st. Royal Bank of Canada lifted their target price on shares of Target from $174.00 to $177.00 and gave the company an “outperform” rating in a research note on Thursday, August 22nd. JPMorgan Chase & Co. dropped their price target on shares of Target from $167.00 to $139.00 and set a “neutral” rating on the stock in a research note on Thursday, November 21st. Finally, Sanford C. Bernstein started coverage on shares of Target in a research note on Tuesday, October 22nd. They issued a “market perform” rating and a $168.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, sixteen have given a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $160.30.

Target Trading Down 3.0 %

Shares of NYSE:TGT opened at $126.55 on Monday. The firm has a fifty day moving average of $150.31 and a two-hundred day moving average of $149.05. The company has a quick ratio of 0.25, a current ratio of 0.94 and a debt-to-equity ratio of 0.99. Target has a 12-month low of $120.21 and a 12-month high of $181.86. The firm has a market capitalization of $58.30 billion, a P/E ratio of 13.42, a price-to-earnings-growth ratio of 2.05 and a beta of 1.24.

Target Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Wednesday, November 20th will be issued a dividend of $1.12 per share. This represents a $4.48 annualized dividend and a dividend yield of 3.54%. The ex-dividend date is Wednesday, November 20th. Target’s payout ratio is presently 47.51%.

Insider Activity

In other Target news, CAO Matthew A. Liegel sold 1,000 shares of Target stock in a transaction that occurred on Friday, August 30th. The stock was sold at an average price of $153.13, for a total transaction of $153,130.00. Following the sale, the chief accounting officer now directly owns 7,276 shares of the company’s stock, valued at approximately $1,114,173.88. The trade was a 12.08 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Richard H. Gomez sold 6,348 shares of the stock in a transaction that occurred on Friday, September 27th. The stock was 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 of the company’s stock, valued at approximately $19,418,510.67. The trade was a 4.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.15% of the stock is currently owned by company insiders.

Institutional Trading of Target

Several institutional investors have recently bought and sold shares of the stock. Synovus Financial Corp boosted its position in Target by 7.2% in the third quarter. Synovus Financial Corp now owns 37,209 shares of the retailer’s stock valued at $5,800,000 after buying an additional 2,496 shares in the last quarter. Tidal Investments LLC boosted its holdings in shares of Target by 9.4% in the 3rd quarter. Tidal Investments LLC now owns 38,774 shares of the retailer’s stock worth $6,043,000 after acquiring an additional 3,325 shares in the last quarter. Cim Investment Management Inc. grew its position in Target by 63.2% during the 3rd quarter. Cim Investment Management Inc. now owns 14,930 shares of the retailer’s stock worth $2,327,000 after acquiring an additional 5,779 shares during the last quarter. Wilmington Savings Fund Society FSB increased its holdings in Target by 331.7% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 14,387 shares of the retailer’s stock valued at $2,242,000 after purchasing an additional 11,054 shares in the last quarter. Finally, Arvest Bank Trust Division acquired a new stake in shares of Target in the third quarter valued at $1,684,000. 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.