What is Roth Capital’s Estimate for Target Q4 Earnings?

Target Corporation (NYSE:TGT) – Stock analysts at Roth Capital dropped their Q4 2026 earnings per share estimates for Target in a research note issued on Thursday, November 20th. Roth Capital analyst W. Kirk now expects that the retailer will post earnings of $2.29 per share for the quarter, down from their prior estimate of $2.48. The consensus estimate for Target’s current full-year earnings is $8.69 per share. Roth Capital also issued estimates for Target’s Q1 2027 earnings at $1.46 EPS and FY2027 earnings at $8.00 EPS.

A number of other analysts have also recently weighed in on the company. Zacks Research cut Target from a “hold” rating to a “strong sell” rating in a research report on Tuesday, November 4th. Piper Sandler reiterated a “neutral” rating and set a $85.00 price objective (down from $94.00) on shares of Target in a research report on Thursday. Sanford C. Bernstein lowered their target price on Target from $87.00 to $80.00 and set an “underperform” rating on the stock in a research report on Thursday. Evercore ISI reissued a “positive” rating and issued a $100.00 price target on shares of Target in a research note on Thursday. Finally, TD Cowen cut their price objective on shares of Target from $105.00 to $90.00 and set a “hold” rating on the stock in a research note on Thursday. Ten analysts have rated the stock with a Buy rating, twenty-two have assigned a Hold rating and five have given a Sell rating to the stock. According to MarketBeat.com, Target currently has an average rating of “Hold” and an average price target of $102.97.

Target Trading Up 4.6%

Shares of NYSE TGT opened at $87.51 on Monday. The stock has a market capitalization of $39.76 billion, a P/E ratio of 10.20, a PEG ratio of 2.74 and a beta of 1.19. Target has a 52-week low of $83.44 and a 52-week high of $145.08. The stock’s 50 day moving average price is $90.13 and its two-hundred day moving average price is $95.90. The company has a quick ratio of 0.32, a current ratio of 0.99 and a debt-to-equity ratio of 0.99.

Target (NYSE:TGT) last posted its quarterly earnings data on Wednesday, November 19th. The retailer reported $1.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.71 by $0.07. Target had a return on equity of 23.43% and a net margin of 3.72%.The company had revenue of $25.28 billion for the quarter, compared to the consensus estimate of $25.44 billion. During the same period in the previous year, the business earned $1.85 EPS. Target’s revenue for the quarter was down 1.6% compared to the same quarter last year. Target has set its FY 2025 guidance at 7.000-8.000 EPS.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Punch & Associates Investment Management Inc. grew its position in Target by 48.1% during the 1st quarter. Punch & Associates Investment Management Inc. now owns 84,190 shares of the retailer’s stock worth $8,786,000 after purchasing an additional 27,329 shares in the last quarter. Precedent Wealth Partners LLC boosted its position in shares of Target by 27.7% in the second quarter. Precedent Wealth Partners LLC now owns 13,208 shares of the retailer’s stock worth $1,303,000 after buying an additional 2,869 shares during the period. PDT Partners LLC purchased a new position in shares of Target during the first quarter valued at $4,623,000. Mattern Capital Management LLC raised its position in Target by 7.6% during the second quarter. Mattern Capital Management LLC now owns 79,158 shares of the retailer’s stock valued at $7,809,000 after buying an additional 5,573 shares during the period. Finally, Northern Financial Advisors Inc purchased a new stake in Target in the 2nd quarter worth about $370,000. Institutional investors own 79.73% of the company’s stock.

Target Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Wednesday, November 12th will be paid a dividend of $1.14 per share. This is a boost from Target’s previous quarterly dividend of $1.12. This represents a $4.56 annualized dividend and a yield of 5.2%. The ex-dividend date of this dividend is Wednesday, November 12th. Target’s dividend payout ratio (DPR) is currently 55.34%.

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.