Target (TGT) to Release Quarterly Earnings on Wednesday

Target (NYSE:TGTGet Free Report) is anticipated to announce its Q1 2027 results before the market opens on Wednesday, May 20th. Analysts expect the company to announce earnings of $1.34 per share and revenue of $24.4685 billion for the quarter. Target has set its Q1 2026 guidance at 1.300- EPS and its FY 2026 guidance at 7.500-8.500 EPS. Investors may review the information on the company’s upcoming Q1 2027 earning report for the latest details on the call scheduled for Wednesday, May 20, 2026 at 8:00 AM ET.

Target (NYSE:TGTGet Free Report) last issued its quarterly earnings results on Tuesday, March 3rd. The retailer reported $2.44 EPS for the quarter, beating analysts’ consensus estimates of $2.16 by $0.28. The company had revenue of $30.45 billion during the quarter, compared to the consensus estimate of $30.52 billion. Target had a return on equity of 22.25% and a net margin of 3.54%.Target’s revenue was down 1.5% on a year-over-year basis. During the same period last year, the business posted $2.41 earnings per share. On average, analysts expect Target to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Target Stock Performance

Shares of TGT opened at $121.85 on Wednesday. The company has a current ratio of 0.94, a quick ratio of 0.36 and a debt-to-equity ratio of 0.89. The company has a market capitalization of $55.34 billion, a price-to-earnings ratio of 14.99, a PEG ratio of 4.94 and a beta of 1.01. The stock has a 50 day moving average of $121.77 and a 200 day moving average of $108.07. Target has a 12 month low of $83.44 and a 12 month high of $133.10.

Target Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Wednesday, May 13th will be given a dividend of $1.14 per share. This represents a $4.56 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend is Wednesday, May 13th. Target’s dividend payout ratio (DPR) is presently 56.09%.

Analyst Ratings Changes

A number of analysts recently commented on TGT shares. Truist Financial increased their price target on Target from $90.00 to $121.00 and gave the company a “hold” rating in a research report on Tuesday, March 3rd. UBS Group increased their price target on Target from $130.00 to $144.00 and gave the company a “buy” rating in a research report on Wednesday, March 4th. Barclays increased their price target on Target from $108.00 to $115.00 and gave the company an “underweight” rating in a research report on Tuesday. BNP Paribas Exane increased their price target on Target from $63.00 to $88.00 and gave the company an “underperform” rating in a research report on Wednesday, March 4th. Finally, Guggenheim boosted their target price on Target from $130.00 to $140.00 and gave the company a “buy” rating in a research note on Monday, April 20th. Eleven investment analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $118.64.

Read Our Latest Stock Analysis on TGT

Insider Activity

In other Target news, CAO Matthew A. Liegel sold 2,053 shares of the business’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $117.19, for a total value of $240,591.07. Following the sale, the chief accounting officer directly owned 12,143 shares in the company, valued at $1,423,038.17. The trade was a 14.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.16% of the stock is currently owned by insiders.

Institutional Trading of Target

Hedge funds have recently made changes to their positions in the company. Jessup Wealth Management Inc bought a new stake in shares of Target in the fourth quarter valued at $25,000. WFA of San Diego LLC bought a new stake in shares of Target in the second quarter valued at $25,000. Altshuler Shaham Ltd bought a new stake in shares of Target in the fourth quarter valued at $26,000. Garton & Associates Financial Advisors LLC bought a new stake in shares of Target in the fourth quarter valued at $36,000. Finally, Darwin Wealth Management LLC purchased a new position in shares of Target in the second quarter valued at $37,000. 79.73% of the stock is currently owned by institutional investors.

Target Company Profile

(Get Free Report)

Target Corporation (NYSE: TGT) is a U.S.-based general merchandise retailer headquartered in Minneapolis, Minnesota. The company operates a network of full-line and small-format stores across the United States alongside a national e-commerce platform and mobile app. Target’s retail assortment spans apparel, home goods, electronics, groceries and household essentials, plus beauty, baby and pet categories. The firm complements national brands with a portfolio of owned and exclusive labels and partnerships that help differentiate its merchandise assortment.

Target traces its roots to the Dayton Company, founded by George Dayton in 1902; the Target discount chain was launched in 1962 and the parent company later adopted the Target Corporation name.

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Earnings History for Target (NYSE:TGT)

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