FY2026 Earnings Forecast for Target Issued By Zacks Research

Target Co. (NYSE:TGT) – Equities research analysts at Zacks Research reduced their FY2026 EPS estimates for Target in a research note issued to investors on Tuesday, January 21st. Zacks Research analyst S. Singh now forecasts that the retailer will post earnings of $9.23 per share for the year, down from their prior 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.

Several other research firms have also recently weighed in on TGT. Piper Sandler dropped their price target on shares of Target from $156.00 to $130.00 and set a “neutral” rating for the company in a research note on Thursday, November 21st. Hsbc Global Res cut Target from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 20th. Guggenheim upped their price target on Target from $145.00 to $155.00 and gave the company a “buy” rating in a research note on Wednesday. Roth Mkm reduced their price objective on shares of Target from $157.00 to $131.00 and set a “neutral” rating on the stock in a report on Thursday, November 21st. Finally, Sanford C. Bernstein assumed coverage on shares of Target in a research report on Tuesday, October 22nd. They set a “market perform” rating and a $168.00 price target for the company. One research analyst has rated the stock with a sell rating, sixteen have issued a hold rating and sixteen have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $158.57.

Target Trading Up 0.1 %

Shares of TGT stock opened at $135.93 on Thursday. The company has a current ratio of 0.94, a quick ratio of 0.25 and a debt-to-equity ratio of 0.99. The company’s 50-day moving average price is $134.98 and its 200-day moving average price is $144.94. Target has a twelve month low of $120.21 and a twelve month high of $181.86. The stock has a market cap of $62.28 billion, a price-to-earnings ratio of 14.40, a PEG ratio of 2.23 and a beta of 1.16.

Target (NYSE:TGT) last posted its quarterly earnings results on Wednesday, November 20th. The retailer reported $1.85 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.30 by ($0.45). Target had a net margin of 4.06% and a return on equity of 31.11%. The company had revenue of $25.23 billion during the quarter, compared to analysts’ expectations of $25.87 billion. During the same quarter last year, the company earned $2.10 earnings per share. Target’s revenue for the quarter was up .9% on a year-over-year basis.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in TGT. Legacy Investment Solutions LLC purchased a new position in shares of Target in the 3rd quarter worth $28,000. Wolff Wiese Magana LLC raised its holdings in shares of 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 period. FSA Wealth Management LLC acquired a new position in shares of Target in the 3rd quarter valued at about $36,000. Catalyst Capital Advisors LLC purchased a new stake in shares of Target during the 3rd quarter worth about $38,000. Finally, MCF Advisors LLC increased its position in Target by 175.3% during the 4th quarter. MCF Advisors LLC now owns 256 shares of the retailer’s stock worth $35,000 after purchasing an additional 163 shares in the last quarter. Institutional investors and hedge funds own 79.73% of the company’s stock.

Target Announces Dividend

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 dividend of $1.12 per share. The ex-dividend date is Wednesday, February 12th. This represents a $4.48 dividend on an annualized basis and a yield of 3.30%. Target’s payout ratio is 47.51%.

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.