Roth Capital Issues Pessimistic Estimate for Target Earnings

Target Co. (NYSE:TGT) – Analysts at Roth Capital dropped their Q1 2026 earnings per share estimates for Target in a research note issued to investors on Thursday, November 21st. Roth Capital analyst W. Kirk now forecasts that the retailer will post earnings per share of $2.16 for the quarter, down from their prior estimate of $2.45. The consensus estimate for Target’s current full-year earnings is $9.55 per share. Roth Capital also issued estimates for Target’s Q2 2026 earnings at $2.76 EPS.

Several other analysts have also commented on TGT. Royal Bank of Canada raised their target price on Target from $174.00 to $177.00 and gave the stock an “outperform” rating in a report on Thursday, August 22nd. StockNews.com lowered Target from a “strong-buy” rating to a “hold” rating in a report on Thursday. TD Cowen dropped their target price on Target from $165.00 to $145.00 and set a “hold” rating on the stock in a report on Thursday. Piper Sandler dropped their price objective on Target from $156.00 to $130.00 and set a “neutral” rating on the stock in a report on Thursday. Finally, Morgan Stanley reissued an “overweight” rating and issued a $180.00 price objective on shares of Target in a report on Wednesday, August 21st. One analyst has rated the stock with a sell rating, fifteen have given a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $162.13.

Target Stock Down 0.0 %

Target stock opened at $121.66 on Friday. The firm has a market cap of $56.05 billion, a price-to-earnings ratio of 12.57, a price-to-earnings-growth ratio of 2.03 and a beta of 1.24. Target has a 52 week low of $120.21 and a 52 week high of $181.86. The business’s 50-day moving average price is $151.79 and its 200 day moving average price is $149.92. The company has a quick ratio of 0.27, a current ratio of 0.90 and a debt-to-equity ratio of 0.95.

Target (NYSE:TGT) last announced its quarterly earnings data on Wednesday, November 20th. The retailer reported $1.85 earnings per share for the quarter, missing analysts’ consensus estimates of $2.30 by ($0.45). The firm had revenue of $25.23 billion during the quarter, compared to analyst estimates of $25.87 billion. Target had a net margin of 4.18% and a return on equity of 33.10%. The firm’s revenue for the quarter was up .9% on a year-over-year basis. During the same period in the prior year, the company posted $2.10 earnings per share.

Institutional Investors Weigh In On Target

A number of institutional investors have recently modified their holdings of TGT. Triad Wealth Partners LLC acquired a new position in Target during the 2nd quarter worth $25,000. Slocum Gordon & Co LLP acquired a new position in Target during the 2nd quarter worth $28,000. Legacy Investment Solutions LLC acquired a new position in Target during the 3rd quarter worth $28,000. Hobbs Group Advisors LLC acquired a new position in Target during the 2nd quarter worth $31,000. Finally, Wolff Wiese Magana LLC grew its stake in 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 in the last quarter. 79.73% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Target

In other news, insider Richard H. Gomez sold 6,348 shares of Target 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 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 sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Brian C. Cornell sold 45,000 shares of Target stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of $158.67, for a total value of $7,140,150.00. Following the completion of the sale, the insider now directly owns 303,843 shares of the company’s stock, valued at $48,210,768.81. The trade was a 12.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 52,348 shares of company stock worth $8,290,995 over the last quarter. 0.15% of the stock is currently owned by company insiders.

Target Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Wednesday, November 20th will be given a $1.12 dividend. The ex-dividend date is Wednesday, November 20th. This represents a $4.48 dividend on an annualized basis and a yield of 3.68%. Target’s dividend payout ratio is currently 46.28%.

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.