Q2 Earnings Estimate for Target Issued By DA Davidson

Target Co. (NYSE:TGT) – Research analysts at DA Davidson issued their Q2 2026 earnings per share estimates for Target in a research note issued on Thursday, May 22nd. DA Davidson analyst M. Baker anticipates that the retailer will earn $2.53 per share for the quarter. DA Davidson currently has a “Buy” rating and a $125.00 target price on the stock. The consensus estimate for Target’s current full-year earnings is $8.69 per share.

Target (NYSE:TGT) last announced its quarterly earnings results on Wednesday, May 21st. The retailer reported $1.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.65 by ($0.35). The firm had revenue of $24.20 billion during the quarter, compared to the consensus estimate of $24.54 billion. Target had a return on equity of 31.11% and a net margin of 4.06%. The business’s revenue for the quarter was down 2.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.03 EPS.

Other equities analysts have also issued reports about the stock. Barclays initiated coverage on shares of Target in a report on Thursday. They issued an “equal weight” rating for the company. Piper Sandler set a $94.00 price target on Target and gave the stock a “neutral” rating in a research note on Thursday. Baird R W cut Target from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 7th. Mizuho decreased their target price on Target from $92.00 to $88.00 and set a “neutral” rating for the company in a research report on Thursday. Finally, BMO Capital Markets lowered their target price on shares of Target from $100.00 to $95.00 and set a “market perform” rating on the stock in a research note on Thursday. Two equities research analysts have rated the stock with a sell rating, twenty-five have assigned a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat, Target presently has an average rating of “Hold” and an average price target of $117.97.

Target Trading Down 0.8%

Shares of NYSE TGT opened at $94.30 on Friday. The firm’s 50 day moving average price is $97.28 and its 200-day moving average price is $120.16. Target has a 52-week low of $87.35 and a 52-week high of $167.40. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.25 and a current ratio of 0.94. The company has a market cap of $42.85 billion, a PE ratio of 10.00, a P/E/G ratio of 1.94 and a beta of 1.27.

Target Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, June 1st. Stockholders of record on Wednesday, May 14th will be paid a $1.12 dividend. The ex-dividend date is Wednesday, May 14th. This represents a $4.48 dividend on an annualized basis and a dividend yield of 4.75%. Target’s dividend payout ratio (DPR) is presently 50.56%.

Institutional Trading of Target

Institutional investors and hedge funds have recently modified their holdings of the company. Hopwood Financial Services Inc. bought a new position in Target in the 4th quarter worth approximately $29,000. Bernard Wealth Management Corp. bought a new stake in Target in the 4th quarter valued at $29,000. WPG Advisers LLC purchased a new stake in Target in the 1st quarter worth $32,000. Raleigh Capital Management Inc. boosted its holdings in shares of Target by 110.7% during the 4th quarter. Raleigh Capital Management Inc. now owns 257 shares of the retailer’s stock valued at $35,000 after purchasing an additional 135 shares during the last quarter. Finally, MCF Advisors LLC grew its position in shares of Target by 175.3% during the fourth quarter. MCF Advisors LLC now owns 256 shares of the retailer’s stock valued at $35,000 after purchasing an additional 163 shares in the last quarter. 79.73% of the stock is currently owned by institutional investors.

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.