DA Davidson Comments on Target’s Q1 Earnings (NYSE:TGT)

Target Co. (NYSE:TGT) – Stock analysts at DA Davidson issued their Q1 2026 earnings per share estimates for shares of Target in a report issued on Wednesday, March 5th. DA Davidson analyst M. Baker anticipates that the retailer will post earnings of $1.76 per share for the quarter. DA Davidson currently has a “Buy” rating and a $140.00 target price on the stock. The consensus estimate for Target’s current full-year earnings is $8.69 per share. DA Davidson also issued estimates for Target’s FY2027 earnings at $10.46 EPS.

TGT has been the subject of several other reports. Daiwa Capital Markets downgraded Target from an “outperform” rating to a “neutral” rating and reduced their price objective for the company from $170.00 to $130.00 in a research note on Tuesday, November 26th. UBS Group cut their target price on Target from $170.00 to $155.00 and set a “buy” rating for the company in a research note on Wednesday. Daiwa America downgraded Target from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 26th. TD Cowen cut their target price on Target from $165.00 to $145.00 and set a “hold” rating for the company in a research note on Thursday, November 21st. Finally, Deutsche Bank Aktiengesellschaft downgraded Target from a “buy” rating to a “hold” rating and cut their target price for the stock from $184.00 to $108.00 in a research note on Wednesday, November 20th. One analyst has rated the stock with a sell rating, eighteen have issued a hold rating and fourteen have issued a buy rating to the company. Based on data from MarketBeat.com, Target currently has a consensus rating of “Hold” and a consensus target price of $147.00.

Target Stock Up 0.9 %

TGT opened at $115.11 on Thursday. The business has a 50 day moving average price of $132.05 and a two-hundred day moving average price of $141.51. 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 company has a market cap of $52.74 billion, a PE ratio of 12.21, a P/E/G ratio of 1.94 and a beta of 1.18. Target has a 52 week low of $112.10 and a 52 week high of $181.86.

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

Institutional Investors Weigh In On Target

Several hedge funds have recently made changes to their positions in the business. Cynosure Group LLC boosted its holdings in shares of Target by 4.3% during the third quarter. Cynosure Group LLC now owns 1,590 shares of the retailer’s stock worth $248,000 after purchasing an additional 65 shares during the last quarter. Hancock Whitney Corp boosted its holdings in shares of Target by 3.3% during the third quarter. Hancock Whitney Corp now owns 2,156 shares of the retailer’s stock worth $336,000 after purchasing an additional 68 shares during the last quarter. Eagle Bluffs Wealth Management LLC boosted its holdings in shares of Target by 1.1% during the third quarter. Eagle Bluffs Wealth Management LLC now owns 6,818 shares of the retailer’s stock worth $1,063,000 after purchasing an additional 73 shares during the last quarter. Proffitt & Goodson Inc. boosted its holdings in shares of Target by 2.2% during the third quarter. Proffitt & Goodson Inc. now owns 3,460 shares of the retailer’s stock worth $539,000 after purchasing an additional 73 shares during the last quarter. Finally, Kathmere Capital Management LLC boosted its holdings in shares of Target by 3.0% during the fourth quarter. Kathmere Capital Management LLC now owns 2,541 shares of the retailer’s stock worth $343,000 after purchasing an additional 73 shares during the last quarter. Institutional investors and hedge funds own 79.73% of the company’s stock.

Target Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Saturday, March 1st. Stockholders of record on Wednesday, February 12th were issued a dividend of $1.12 per share. This represents a $4.48 annualized dividend and a dividend yield of 3.89%. The ex-dividend date of this dividend was Wednesday, February 12th. Target’s dividend payout ratio (DPR) is 50.56%.

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.