Target Q1 EPS Estimate Decreased by Telsey Advisory Group

Target Co. (NYSE:TGT) – Equities researchers at Telsey Advisory Group decreased their Q1 2026 earnings per share (EPS) estimates for Target in a research note issued to investors on Friday, May 16th. Telsey Advisory Group analyst J. Feldman now anticipates that the retailer will post earnings of $1.72 per share for the quarter, down from their previous forecast of $1.79. Telsey Advisory Group has a “Outperform” rating and a $130.00 price objective on the stock. The consensus estimate for Target’s current full-year earnings is $8.69 per share. Telsey Advisory Group also issued estimates for Target’s Q2 2026 earnings at $2.49 EPS, FY2026 earnings at $8.80 EPS, Q1 2027 earnings at $1.94 EPS, Q2 2027 earnings at $2.58 EPS, Q3 2027 earnings at $2.24 EPS, Q4 2027 earnings at $2.79 EPS and FY2027 earnings at $9.55 EPS.

Other analysts have also issued research reports about the company. Mizuho started coverage on Target in a report on Friday, April 11th. They set a “neutral” rating and a $92.00 target price for the company. Sanford C. Bernstein lowered Target from a “market perform” rating to an “underperform” rating and reduced their price objective for the company from $97.00 to $82.00 in a research note on Monday, May 12th. Baird R W cut Target from a “strong-buy” rating to a “hold” rating in a report on Monday, April 7th. StockNews.com downgraded shares of Target from a “buy” rating to a “hold” rating in a research report on Tuesday, April 22nd. Finally, Bank of America dropped their target price on shares of Target from $160.00 to $145.00 and set a “buy” rating for the company in a report on Wednesday, March 5th. Two investment analysts have rated the stock with a sell rating, twenty-three have issued a hold rating and eleven have given a buy rating to the company’s stock. Based on data from MarketBeat, Target has an average rating of “Hold” and a consensus target price of $127.29.

Target Stock Up 0.3%

Shares of NYSE:TGT opened at $98.31 on Monday. The business’s 50 day moving average is $97.93 and its 200 day moving average is $121.12. The company has a quick ratio of 0.25, a current ratio of 0.94 and a debt-to-equity ratio of 0.99. The stock has a market cap of $44.67 billion, a P/E ratio of 10.43, a price-to-earnings-growth ratio of 1.94 and a beta of 1.27. Target has a 52-week low of $87.35 and a 52-week high of $167.40.

Target (NYSE:TGT) last released its earnings results on Tuesday, March 4th. The retailer reported $2.41 EPS for the quarter, beating analysts’ consensus estimates of $2.24 by $0.17. Target had a return on equity of 31.11% and a net margin of 4.06%. The firm had revenue of $30.92 billion for the quarter, compared to analysts’ expectations of $30.83 billion.

Hedge Funds Weigh In On Target

Institutional investors and hedge funds have recently made changes to their positions in the stock. Nicholas Company Inc. raised its stake in shares of Target by 20.5% during the 4th quarter. Nicholas Company Inc. now owns 55,810 shares of the retailer’s stock worth $7,544,000 after buying an additional 9,485 shares during the last quarter. River Road Asset Management LLC raised its stake in shares of Target by 144.9% during the 4th quarter. River Road Asset Management LLC now owns 234,492 shares of the retailer’s stock worth $31,699,000 after buying an additional 138,751 shares during the last quarter. Sierra Summit Advisors LLC raised its stake in shares of Target by 29.0% during the 4th quarter. Sierra Summit Advisors LLC now owns 14,354 shares of the retailer’s stock worth $1,940,000 after buying an additional 3,231 shares during the last quarter. Mountain Hill Investment Partners Corp. acquired a new position in shares of Target during the 4th quarter worth $6,459,000. Finally, Wilmington Savings Fund Society FSB raised its stake in shares of Target by 25.0% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 17,977 shares of the retailer’s stock worth $2,430,000 after buying an additional 3,590 shares during the last quarter. 79.73% of the stock is owned by institutional investors and hedge funds.

Target Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Sunday, June 1st. Stockholders of record on Wednesday, May 14th will be paid a dividend of $1.12 per share. The ex-dividend date is Wednesday, May 14th. This represents a $4.48 dividend on an annualized basis and a dividend yield of 4.56%. Target’s dividend payout ratio (DPR) is presently 50.56%.

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.