FY2026 EPS Estimates for Target Cut by Telsey Advisory Group

Target Co. (NYSE:TGT) – Telsey Advisory Group lowered their FY2026 earnings estimates for Target in a note issued to investors on Wednesday, May 21st. Telsey Advisory Group analyst J. Feldman now forecasts that the retailer will post earnings per share of $7.71 for the year, down from their prior estimate of $8.80. Telsey Advisory Group currently has a “Hold” rating 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 Q1 2027 earnings at $1.53 EPS and FY2027 earnings at $8.40 EPS.

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

Several other research firms have also issued reports on TGT. UBS Group dropped their price target on Target from $170.00 to $155.00 and set a “buy” rating on the stock in a research report on Wednesday, March 5th. Gordon Haskett cut Target from a “buy” rating to a “hold” rating in a research note on Thursday, February 13th. Oppenheimer decreased their target price on Target from $165.00 to $150.00 and set an “outperform” rating for the company in a research note on Thursday, March 6th. Roth Capital set a $122.00 target price on Target in a research note on Wednesday, March 5th. Finally, Baird R W downgraded Target from a “strong-buy” rating to a “hold” rating in a report on Monday, April 7th. Two equities research analysts have rated the stock with a sell rating, twenty-five have issued a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $117.97.

Target Stock Down 0.8%

NYSE TGT opened at $94.30 on Monday. The stock 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 has a fifty-two week low of $87.35 and a fifty-two week high of $167.40. The business has a 50 day moving average price of $97.28 and a two-hundred day moving average price of $119.76. The company has a quick ratio of 0.25, a current ratio of 0.94 and a debt-to-equity ratio of 0.99.

Target Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, June 1st. Shareholders of record on Wednesday, May 14th will be paid a $1.12 dividend. This represents a $4.48 annualized dividend and a yield of 4.75%. The ex-dividend date is Wednesday, May 14th. Target’s payout ratio is currently 49.23%.

Institutional Trading of Target

Several institutional investors and hedge funds have recently modified their holdings of TGT. Nicholas Company Inc. raised its stake in Target by 20.5% in the fourth 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 in the last quarter. River Road Asset Management LLC raised its position in shares of Target by 144.9% in the fourth quarter. River Road Asset Management LLC now owns 234,492 shares of the retailer’s stock worth $31,699,000 after acquiring an additional 138,751 shares during the period. Mountain Hill Investment Partners Corp. acquired a new position in shares of Target in the fourth quarter worth about $6,459,000. Sierra Summit Advisors LLC raised its position in shares of Target by 29.0% in the fourth quarter. Sierra Summit Advisors LLC now owns 14,354 shares of the retailer’s stock worth $1,940,000 after acquiring an additional 3,231 shares during the period. Finally, Wilmington Savings Fund Society FSB raised its position 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 purchasing an additional 3,590 shares during the last quarter. Institutional investors own 79.73% of the company’s stock.

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.