Target (TGT) Projected to Post Quarterly Earnings on Wednesday

Target (NYSE:TGT) is expected to announce its Q2 2026 earnings results before the market opens on Wednesday, August 20th. Analysts expect the company to announce earnings of $2.08 per share and revenue of $24.84 billion for the quarter. Target has set its FY 2025 guidance at 7.000-9.000 EPS.

Target (NYSE:TGT) last posted its quarterly earnings data on Wednesday, May 21st. The retailer reported $1.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.65 by ($0.35). Target had a return on equity of 25.59% and a net margin of 3.95%. The firm had revenue of $24.20 billion during the quarter, compared to analyst estimates of $24.54 billion. During the same quarter in the previous year, the firm posted $2.03 earnings per share. The company’s quarterly revenue was down 2.8% on a year-over-year basis. On average, analysts expect Target to post $9 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Target Trading Up 1.9%

TGT stock opened at $105.00 on Tuesday. The company has a current ratio of 0.94, a quick ratio of 0.25 and a debt-to-equity ratio of 0.96. Target has a 12-month low of $87.35 and a 12-month high of $167.40. The stock has a market cap of $47.71 billion, a price-to-earnings ratio of 11.54, a PEG ratio of 2.98 and a beta of 1.22. The business’s 50-day moving average is $101.92 and its 200 day moving average is $104.39.

Target Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 1st. Stockholders of record on Wednesday, August 13th will be issued a dividend of $1.12 per share. This represents a $4.48 annualized dividend and a dividend yield of 4.3%. The ex-dividend date is Wednesday, August 13th. Target’s payout ratio is currently 50.11%.

Insider Transactions at Target

In other news, insider Brian C. Cornell sold 45,000 shares of the company’s stock in a transaction on Wednesday, May 28th. The stock was sold at an average price of $96.18, for a total transaction of $4,328,100.00. Following the sale, the insider owned 246,453 shares of the company’s stock, valued at approximately $23,703,849.54. This represents a 15.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.16% of the stock is currently owned by insiders.

Institutional Trading of Target

Large investors have recently modified their holdings of the stock. WFA of San Diego LLC purchased a new stake in shares of Target during the second quarter worth $25,000. Darwin Wealth Management LLC purchased a new stake in shares of Target during the second quarter worth $37,000. Binnacle Investments Inc increased its position in shares of Target by 11.4% during the second quarter. Binnacle Investments Inc now owns 1,013 shares of the retailer’s stock worth $100,000 after acquiring an additional 104 shares during the period. MUFG Securities EMEA plc purchased a new stake in shares of Target during the second quarter worth $133,000. Finally, ICONIQ Capital LLC purchased a new stake in shares of Target during the second quarter worth $227,000. Hedge funds and other institutional investors own 79.73% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on TGT. Loop Capital set a $95.00 target price on Target in a report on Thursday, July 17th. Barclays restated an “underweight” rating and set a $91.00 target price on shares of Target in a report on Monday, July 21st. Robert W. Baird set a $100.00 target price on Target in a report on Thursday, May 22nd. JPMorgan Chase & Co. boosted their target price on Target from $105.00 to $109.00 and gave the stock a “neutral” rating in a report on Thursday, May 22nd. Finally, Bank of America restated an “underperform” rating and set a $93.00 target price (down from $105.00) on shares of Target in a report on Friday. Three equities research analysts have rated the stock with a sell rating, twenty-three have given a hold rating and ten have issued a buy rating to the stock. According to MarketBeat, Target presently has a consensus rating of “Hold” and a consensus price target of $115.42.

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.