Roth Capital Analysts Cut Earnings Estimates for Target

Target Co. (NYSE:TGT) – Equities research analysts at Roth Capital dropped their Q1 2026 earnings estimates for Target in a report issued on Wednesday, March 5th. Roth Capital analyst W. Kirk now anticipates that the retailer will post earnings of $1.92 per share for the quarter, down from their previous estimate of $2.16. The consensus estimate for Target’s current full-year earnings is $8.69 per share. Roth Capital also issued estimates for Target’s Q2 2026 earnings at $2.75 EPS, Q4 2026 earnings at $2.61 EPS and FY2026 earnings at $9.34 EPS.

Target (NYSE:TGT) last posted its earnings results on Tuesday, March 4th. The retailer reported $2.41 EPS for the quarter, topping the consensus estimate of $2.24 by $0.17. Target had a net margin of 4.06% and a return on equity of 31.11%. The company had revenue of $30.92 billion during the quarter, compared to the consensus estimate of $30.83 billion.

A number of other equities research analysts have also commented on TGT. Oppenheimer reissued an “outperform” rating and issued a $165.00 price target on shares of Target in a research report on Monday, November 25th. Truist Financial decreased their target price on Target from $134.00 to $124.00 and set a “hold” rating for the company in a research report on Wednesday. Deutsche Bank Aktiengesellschaft cut Target from a “buy” rating to a “hold” rating and lowered their target price for the stock from $184.00 to $108.00 in a research note on Wednesday, November 20th. Roth Mkm restated a “neutral” rating and set a $122.00 price target (down previously from $131.00) on shares of Target in a research report on Wednesday. Finally, BMO Capital Markets lowered their price objective on shares of Target from $160.00 to $120.00 and set a “market perform” rating on the stock in a research report on Thursday, November 21st. One equities research analyst has rated the stock with a sell rating, eighteen have issued a hold rating and fourteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $148.23.

Target Stock Performance

Shares of Target stock opened at $116.70 on Thursday. Target has a 52 week low of $112.53 and a 52 week high of $181.86. The company has a quick ratio of 0.25, a current ratio of 0.94 and a debt-to-equity ratio of 0.99. The business has a 50 day moving average price of $132.91 and a 200-day moving average price of $141.92. The company has a market cap of $53.47 billion, a PE ratio of 12.38, a price-to-earnings-growth ratio of 1.94 and a beta of 1.18.

Target Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Saturday, March 1st. Shareholders of record on Wednesday, February 12th were issued a $1.12 dividend. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $4.48 annualized dividend and a yield of 3.84%. 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 business. Legacy Investment Solutions LLC purchased a new stake in Target in the third quarter worth approximately $28,000. Hopwood Financial Services Inc. purchased a new position in shares of Target during the 4th quarter valued at about $29,000. Bernard Wealth Management Corp. bought a new position in shares of Target during the 4th quarter valued at approximately $29,000. MCF Advisors LLC increased its holdings 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 acquiring an additional 163 shares in the last quarter. Finally, Raleigh Capital Management Inc. raised its stake in Target by 110.7% during the 4th quarter. Raleigh Capital Management Inc. now owns 257 shares of the retailer’s stock worth $35,000 after acquiring an additional 135 shares during the period. Institutional investors own 79.73% of the company’s stock.

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.