Zacks Research Estimates Target’s FY2026 Earnings (NYSE:TGT)

Target Co. (NYSE:TGT) – Equities researchers at Zacks Research cut their FY2026 EPS estimates for shares of Target in a research note issued to investors on Tuesday, January 21st. Zacks Research analyst S. Singh now forecasts that the retailer will earn $9.23 per share for the year, down from their prior forecast of $9.25. The consensus estimate for Target’s current full-year earnings is $8.68 per share. Zacks Research also issued estimates for Target’s Q4 2026 earnings at $2.50 EPS and FY2027 earnings at $10.10 EPS.

Several other research analysts have also recently commented on TGT. Stifel Nicolaus upped their target price on shares of Target from $137.00 to $145.00 and gave the stock a “hold” rating in a research report on Tuesday, December 10th. Bank of America decreased their target price on shares of Target from $195.00 to $160.00 and set a “buy” rating for the company in a research report on Thursday, November 21st. Daiwa America lowered shares of Target from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 26th. Daiwa Capital Markets lowered 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 note on Tuesday, November 26th. Finally, Sanford C. Bernstein initiated coverage on shares of Target in a research note on Tuesday, October 22nd. They issued a “market perform” rating and a $168.00 price target for the company. One research analyst has rated the stock with a sell rating, sixteen have given a hold rating and sixteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $158.57.

Target Price Performance

NYSE TGT opened at $137.99 on Thursday. Target has a 52 week low of $120.21 and a 52 week high of $181.86. The company has a current ratio of 0.94, a quick ratio of 0.25 and a debt-to-equity ratio of 0.99. The stock has a market cap of $63.23 billion, a price-to-earnings ratio of 14.63, a price-to-earnings-growth ratio of 2.21 and a beta of 1.16. The company has a 50-day moving average price of $134.66 and a two-hundred day moving average price of $144.89.

Target (NYSE:TGT) last posted its earnings results on Wednesday, November 20th. The retailer reported $1.85 EPS for the quarter, missing the consensus estimate of $2.30 by ($0.45). Target had a return on equity of 31.11% and a net margin of 4.06%. The firm had revenue of $25.23 billion during the quarter, compared to the consensus estimate of $25.87 billion. During the same quarter last year, the company posted $2.10 EPS. Target’s revenue for the quarter was up .9% on a year-over-year basis.

Target Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, March 1st. Shareholders of record on Wednesday, February 12th will be paid a $1.12 dividend. The ex-dividend date of this dividend is Wednesday, February 12th. This represents a $4.48 annualized dividend and a yield of 3.25%. Target’s dividend payout ratio is presently 47.51%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Thrivent Financial for Lutherans increased its stake in Target by 1.8% in the 3rd quarter. Thrivent Financial for Lutherans now owns 28,025 shares of the retailer’s stock valued at $4,368,000 after buying an additional 490 shares during the period. D.A. Davidson & CO. increased its stake in Target by 8.6% in the 3rd quarter. D.A. Davidson & CO. now owns 119,458 shares of the retailer’s stock valued at $18,619,000 after buying an additional 9,510 shares during the period. Prana Capital Management LP increased its stake in Target by 47.5% in the 3rd quarter. Prana Capital Management LP now owns 217,081 shares of the retailer’s stock valued at $33,834,000 after buying an additional 69,885 shares during the period. Polianta Ltd increased its stake in Target by 39.2% in the 4th quarter. Polianta Ltd now owns 10,300 shares of the retailer’s stock valued at $1,392,000 after buying an additional 2,900 shares during the period. Finally, Leibman Financial Services Inc. acquired a new position in Target in the 4th quarter valued at approximately $2,272,000. 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.