What is Roth Capital’s Forecast for Target FY2026 Earnings?

Target Corporation (NYSE:TGT) – Analysts at Roth Capital cut their FY2026 earnings per share (EPS) estimates for shares of Target in a research note issued on Thursday, August 21st. Roth Capital analyst W. Kirk now expects that the retailer will post earnings per share of $7.77 for the year, down from their previous forecast of $7.85. The consensus estimate for Target’s current full-year earnings is $8.69 per share. Roth Capital also issued estimates for Target’s Q2 2027 earnings at $2.13 EPS, Q3 2027 earnings at $2.00 EPS and Q4 2027 earnings at $2.54 EPS.

Several other equities research analysts have also issued reports on TGT. Evercore ISI lowered their target price on shares of Target from $108.00 to $106.00 and set an “in-line” rating for the company in a report on Thursday. Bank of America reissued an “underperform” rating and issued a $93.00 price objective (down previously from $105.00) on shares of Target in a research note on Friday, August 15th. Piper Sandler reaffirmed a “neutral” rating on shares of Target in a research note on Tuesday, July 29th. The Goldman Sachs Group reduced their price target on Target from $101.00 to $90.00 and set a “neutral” rating on the stock in a report on Thursday, May 22nd. Finally, Zacks Research upgraded Target from a “strong sell” rating to a “hold” rating in a report on Tuesday. Ten investment analysts have rated the stock with a Buy rating, twenty-three have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $113.55.

Target Trading Down 1.6%

TGT stock opened at $97.0770 on Friday. Target has a twelve month low of $87.35 and a twelve month high of $161.84. The stock has a market capitalization of $44.11 billion, a price-to-earnings ratio of 11.31, a price-to-earnings-growth ratio of 2.84 and a beta of 1.22. The company has a quick ratio of 0.25, a current ratio of 0.99 and a debt-to-equity ratio of 0.99. The firm’s fifty day simple moving average is $101.99 and its two-hundred day simple moving average is $104.11.

Target (NYSE:TGT) last released its quarterly earnings results on Wednesday, August 20th. The retailer reported $2.05 earnings per share for the quarter, beating the consensus estimate of $2.04 by $0.01. The company had revenue of $24.99 billion for the quarter, compared to analyst estimates of $24.84 billion. Target had a return on equity of 23.43% and a net margin of 3.72%.Target’s quarterly revenue was down .9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.57 EPS. Target has set its FY 2025 guidance at 7.000-9.000 EPS.

Target Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 1st. Shareholders 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 yield of 4.6%. The ex-dividend date is Wednesday, August 13th. Target’s dividend payout ratio (DPR) is presently 50.11%.

Insiders Place Their Bets

In other Target 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 value of $4,328,100.00. Following the completion of the sale, the insider directly owned 246,453 shares in the company, valued at approximately $23,703,849.54. This represents a 15.44% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.16% of the stock is currently owned by company insiders.

Institutional Trading of Target

Several institutional investors and hedge funds have recently made changes to their positions in TGT. Brighton Jones LLC lifted its position in shares of Target by 101.3% in the 4th quarter. Brighton Jones LLC now owns 6,080 shares of the retailer’s stock worth $822,000 after purchasing an additional 3,059 shares during the period. Natixis purchased a new stake in Target during the fourth quarter worth $767,000. MGO One Seven LLC boosted its position in Target by 19.3% during the 4th quarter. MGO One Seven LLC now owns 10,293 shares of the retailer’s stock valued at $1,392,000 after acquiring an additional 1,664 shares in the last quarter. Adage Capital Partners GP L.L.C. boosted its position in Target by 1.7% during the 4th quarter. Adage Capital Partners GP L.L.C. now owns 273,779 shares of the retailer’s stock valued at $37,009,000 after acquiring an additional 4,500 shares in the last quarter. Finally, Banco Bilbao Vizcaya Argentaria S.A. increased its holdings in shares of Target by 0.8% in the 4th quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 254,898 shares of the retailer’s stock valued at $34,636,000 after acquiring an additional 2,061 shares during the period. 79.73% of the stock is currently owned by institutional investors.

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.