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Target (TGT) Stock Price, News & Analysis

+3.07 (+2.11%)
(As of 07/8/2024 ET)
Today's Range
50-Day Range
52-Week Range
5.18 million shs
Average Volume
3.92 million shs
Market Capitalization
$68.80 billion
P/E Ratio
Dividend Yield
Price Target

Target MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.59 Rating Score
19.4% Upside
$177.61 Price Target
Short Interest
1.78% of Float Sold Short
Dividend Strength
Based on Four Factors
Upright™ Environmental Score
News Sentiment
Insider Trading
Proj. Earnings Growth
From $9.32 to $10.51 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.66 out of 5 stars

Retail/Wholesale Sector

27th out of 184 stocks

Variety Stores Industry

3rd out of 11 stocks

TGT stock logo

About Target Stock (NYSE:TGT)

Target Corporation has a long history dating back to 1902. The company began as Goodfellows Dry Goods, operated by George Dalton, and later changed its name via a progression of mergers and acquisitions. The first “Target” store was opened in Roseville, Minnesota in 1962 as the discount division of the parent company. The idea was discount or low-priced items could still be fashionable and desirable. After meeting great success in the home territory, the concept went public in the late 1960s was later expanded on a national level during the 1980s. Target Corporation is now the 7th largest retailer in the US and is projected to bring in more than $113 billion in revenue for fiscal 2023.

The department stores were shed in 2004 so today Target operates as a general merchandise retailer that serves on-trend items at discounted prices. It is known as a big box retailer and is a member of the S&P 500. The company listed about 2,000 stores in mid-2022 and had plans for growth. The company offers an assortment of everyday, household, and food goods in a bright and cheery atmosphere. It has set itself apart from other low-priced retailers as the chic choice for savvy shoppers. The company’s stated purpose is to help families discover the joy of everyday life and it does so by offering quality products that families can afford.

The company sells its products through a chain of stores as well as eCommerce. eCommerce is about 20% of Target’s total revenue and was boosted by the COVID-19 pandemic. Services like delivery, same-day pickup, and access to thousands of necessary and discretionary items are also driving adoption. Target also offers amenities like cafes and opticians, and it hosts Starbucks inside the stores.

Target Corporation has paid and increased its dividend for more than 5 decades. The company issued its 53rd consecutive distribution increase in calendar 2022 bringing the total annual payout to $4.32. In late October 2022, the payout was worth 2.7% in yield and came with a 40% payout ratio and a 9% distribution compound annual growth rate.

Target is a leader in ESG and giving back to the community. Among its many endeavors is to return 5% of its profits to community charities as well as to inspire its employees to volunteer. Volunteers donate more than 1 million man-hours per year.


TGT Stock Price History

TGT Stock News Headlines

Target logos on shopping carts
Target Stock: Shopify Partnership and Investments Signal Growth
Some investors have shied away from looking at consumer discretionary stocks as the U.S. consumer struggles with inflation pressures and an uncertain timeline as to whether the Federal Reserve will actually sweep in to cut interest rates this year. In addition to this bearish view, U.S. consumer sentiment readings have been lower for another month recently.
target logo sign
Target Stock Tumble: Opportunity Knocks for Value Investors
Major American retail department store operator Target Co. NYSE: TGT stock has been struggling to stay positive during the year. The performance against rival big box department store Walmart Inc. NYSE: WMT has been stark as its stock has been hitting new all-time highs on a weekly basis.
Biden Nomination CANCELED?
And I believe when they do take the oath of office, their fingers will be crossed… and America will descend into chaos.
Biden Nomination CANCELED?
And I believe when they do take the oath of office, their fingers will be crossed… and America will descend into chaos.
Target Announces Updates to Leadership Team
Target Teams With Shopify To Boost Online Sales
See More Headlines
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Company Calendar

Ex-Dividend for 6/10 Dividend
Last Earnings
Dividend Payable
Next Earnings (Estimated)
Fiscal Year End

Industry, Sector and Symbol

Variety stores
General Merchandise Stores
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Moderate Buy
Rating Score (0-4)
Research Coverage
29 Analysts


Net Income
$4.14 billion
Pretax Margin


Sales & Book Value

Annual Sales
$107.41 billion
Cash Flow
$15.35 per share
Book Value
$29.09 per share


Free Float
Market Cap
$68.80 billion

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Should I Buy Target Stock? TGT Pros and Cons Explained


Here are some ways that investors could benefit from investing in Target Co.:

  • Target Corporation operates as a general merchandise retailer in the United States, offering a wide range of products including apparel, beauty, personal care, baby gear, and more.
  • Recent financial data shows a strong annual revenue and net income for Target Co., indicating a healthy financial performance.
  • Target Co. has a low forward P/E ratio, which may suggest that the stock is undervalued compared to its earnings potential.
  • The company has a solid dividend yield, providing investors with a steady income stream.
  • Target Co. has a high percentage held by institutional investors, indicating confidence in the company's future prospects.


Investors should be bearish about investing in Target Co. for these reasons:

  • While Target Co. has shown strong financial performance, there may be concerns about market volatility affecting the stock price.
  • The company's beta indicates higher volatility compared to the market average, which may not be suitable for all investors.
  • Target Co. faces competition in the retail industry, which could impact its market share and profitability.
  • The stock price of Target Co. has been fluctuating, which may pose risks for short-term investors.
  • Investors should consider the overall market conditions and economic outlook before making investment decisions related to Target Co.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, June 22, 2024. Please send any questions or comments about these Target pros and cons to

TGT Stock Analysis - Frequently Asked Questions

How have TGT shares performed this year?

Target's stock was trading at $142.42 at the beginning of 2024. Since then, TGT stock has increased by 4.4% and is now trading at $148.72.
View the best growth stocks for 2024 here

How were Target's earnings last quarter?

Target Co. (NYSE:TGT) released its quarterly earnings results on Wednesday, May, 22nd. The retailer reported $2.03 earnings per share for the quarter, missing analysts' consensus estimates of $2.05 by $0.02. The company's quarterly revenue was down 3.2% compared to the same quarter last year.
Read the conference call transcript

What is Brian Cornell's approval rating as Target's CEO?

10,048 employees have rated Target Chief Executive Officer Brian Cornell on Brian Cornell has an approval rating of 78% among the company's employees.

Does Target have any subsidiaries?

Target subsidiaries include these companies: Deliv, Shipt, Grand Junction, Sonia Kashuk, A Bullseye View, PoweredAnalytics, DermStore, and more.

Who are Target's major shareholders?

Target's top institutional investors include DNB Asset Management AS (0.02%), Thompson Investment Management Inc. (0.01%), Institutional & Family Asset Management LLC (0.01%) and Massmutual Trust Co. FSB ADV (0.01%). Insiders that own company stock include Brian C Cornell, John J Mulligan, Don H Liu, Christina Hennington, Michael J Fiddelke, Melissa K Kremer, Matthew L Zabel, Cara A Sylvester, Matthew A Liegel, Jill Sando, Katie M Boylan and Robert M Harrison.
View institutional ownership trends

How do I buy shares of Target?

Shares of TGT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Target own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Target investors own include NVIDIA (NVDA), Walmart (WMT), AT&T (T), Walt Disney (DIS), Johnson & Johnson (JNJ), Home Depot (HD) and Verizon Communications (VZ).

This page (NYSE:TGT) was last updated on 7/9/2024 by Staff

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