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

Target Co. (NYSE:TGT) – Zacks Research reduced their FY2026 earnings per share (EPS) estimates for Target in a research note issued on Tuesday, January 21st. Zacks Research analyst S. Singh now expects that the retailer will earn $9.23 per share for the year, down from their previous estimate 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.

Target (NYSE:TGT) last released its quarterly earnings results on Wednesday, November 20th. The retailer reported $1.85 earnings per share (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 business had revenue of $25.23 billion during the quarter, compared to the consensus estimate of $25.87 billion. During the same period in the previous year, the company posted $2.10 EPS. The company’s revenue for the quarter was up .9% compared to the same quarter last year.

Several other research analysts have also recently issued reports on TGT. TD Cowen decreased their price target on Target from $165.00 to $145.00 and set a “hold” rating for the company in a research note on Thursday, November 21st. Wells Fargo & Company decreased their target price on Target from $180.00 to $150.00 and set an “overweight” rating for the company in a research note on Wednesday, November 20th. Oppenheimer reaffirmed an “outperform” rating and set a $165.00 target price on shares of Target in a research note on Monday, November 25th. Daiwa Capital Markets cut Target from an “outperform” rating to a “neutral” rating and decreased their target price for the company from $170.00 to $130.00 in a research note on Tuesday, November 26th. Finally, Roth Mkm decreased their target price on Target from $157.00 to $131.00 and set a “neutral” rating for the company in a research note on Thursday, November 21st. One investment analyst has rated the stock with a sell rating, sixteen have given a hold rating and sixteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $158.57.

Target Trading Up 1.1 %

NYSE:TGT opened at $137.24 on Thursday. Target has a 1 year low of $120.21 and a 1 year high of $181.86. The stock has a market cap of $62.89 billion, a price-to-earnings ratio of 14.55, a PEG ratio of 2.23 and a beta of 1.16. The business has a fifty day moving average of $134.98 and a 200-day moving average of $144.94. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.25 and a current ratio of 0.94.

Target Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Saturday, March 1st. Shareholders of record on Wednesday, February 12th will be given a $1.12 dividend. This represents a $4.48 annualized dividend and a yield of 3.26%. The ex-dividend date is Wednesday, February 12th. Target’s payout ratio is currently 47.51%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of TGT. Legacy Investment Solutions LLC acquired a new position in Target in the 3rd quarter worth about $28,000. Wolff Wiese Magana LLC increased its position in Target by 156.5% in 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 during the last quarter. MCF Advisors LLC increased its position in Target by 175.3% in the 4th quarter. MCF Advisors LLC now owns 256 shares of the retailer’s stock worth $35,000 after purchasing an additional 163 shares during the last quarter. Raleigh Capital Management Inc. increased its position in Target by 110.7% in the 4th quarter. Raleigh Capital Management Inc. now owns 257 shares of the retailer’s stock worth $35,000 after purchasing an additional 135 shares during the last quarter. Finally, FSA Wealth Management LLC acquired a new position in Target in the 3rd quarter worth about $36,000. 79.73% of the stock is owned by institutional investors and hedge funds.

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.