FY2025 Earnings Estimate for Target Issued By Zacks Research

Target Co. (NYSE:TGT) – Equities researchers at Zacks Research dropped their FY2025 EPS estimates for shares of Target in a note issued to investors on Wednesday, December 4th. Zacks Research analyst S. Singh now expects that the retailer will post earnings of $8.61 per share for the year, down from their previous forecast of $9.50. The consensus estimate for Target’s current full-year earnings is $8.60 per share. Zacks Research also issued estimates for Target’s Q4 2025 earnings at $2.16 EPS, Q3 2026 earnings at $2.08 EPS, Q4 2026 earnings at $2.52 EPS, FY2026 earnings at $9.25 EPS, Q3 2027 earnings at $2.35 EPS and FY2027 earnings at $10.12 EPS.

Target (NYSE:TGT) last announced its 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 business had revenue of $25.23 billion for the quarter, compared to analysts’ expectations of $25.87 billion. During the same period in the previous year, the firm posted $2.10 earnings per share. The firm’s revenue was up .9% compared to the same quarter last year.

TGT has been the subject of a number of other research reports. Citigroup downgraded shares of Target from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $188.00 to $130.00 in a research report on Wednesday, November 20th. Roth Mkm dropped their target price on shares of Target from $157.00 to $131.00 and set a “neutral” rating for the company in a research report on Thursday, November 21st. Daiwa Capital Markets cut shares of Target from an “outperform” rating to a “neutral” rating and reduced their price target for the stock from $170.00 to $130.00 in a research report on Tuesday, November 26th. Evercore ISI lowered their price objective on Target from $165.00 to $130.00 and set an “in-line” rating for the company in a report on Thursday, November 21st. Finally, Jefferies Financial Group upped their price objective on Target from $190.00 to $195.00 and gave the company a “buy” rating in a research note on Thursday, August 22nd. One analyst has rated the stock with a sell rating, seventeen have assigned a hold rating and fifteen have issued a buy rating to the stock. Based on data from MarketBeat.com, Target has a consensus rating of “Hold” and a consensus target price of $160.30.

Target Price Performance

TGT stock opened at $132.39 on Monday. The stock’s 50 day moving average is $146.39 and its two-hundred day moving average is $147.59. Target has a 52-week low of $120.21 and a 52-week high of $181.86. The company has a market capitalization of $60.66 billion, a PE ratio of 14.04, a P/E/G ratio of 2.13 and a beta of 1.17. 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 Announces Dividend

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

Insider Buying and Selling

In other news, insider Richard H. Gomez sold 6,348 shares of the company’s stock in a transaction 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 sale, the insider now owns 123,551 shares in the company, valued at $19,418,510.67. This represents a 4.89 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 0.15% of the company’s stock.

Institutional Investors Weigh In On Target

Several hedge funds and other institutional investors have recently bought and sold shares of the business. RFG Advisory LLC grew its holdings in shares of Target by 20.7% in the 2nd quarter. RFG Advisory LLC now owns 4,954 shares of the retailer’s stock worth $733,000 after acquiring an additional 851 shares during the last quarter. Dynamic Advisor Solutions LLC raised its holdings in Target by 3.3% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 9,693 shares of the retailer’s stock worth $1,435,000 after buying an additional 313 shares during the period. Sequoia Financial Advisors LLC lifted its stake in Target by 7.3% during the second quarter. Sequoia Financial Advisors LLC now owns 24,807 shares of the retailer’s stock valued at $3,672,000 after buying an additional 1,688 shares in the last quarter. Cooper Financial Group boosted its holdings in shares of Target by 8.4% in the second quarter. Cooper Financial Group now owns 4,971 shares of the retailer’s stock worth $736,000 after buying an additional 384 shares during the period. Finally, Wedmont Private Capital increased its position in shares of Target by 8.1% in the second quarter. Wedmont Private Capital now owns 4,902 shares of the retailer’s stock worth $749,000 after acquiring an additional 368 shares in the last quarter. 79.73% of the stock is currently owned by institutional investors.

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.