Roth Capital Issues Negative Forecast for Target Earnings

Target Co. (NYSE:TGT) – Stock analysts at Roth Capital cut their Q1 2026 EPS estimates for Target in a report released on Wednesday, March 5th. Roth Capital analyst W. Kirk now forecasts that the retailer will post earnings per share of $1.92 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 released its quarterly earnings results on Tuesday, March 4th. The retailer reported $2.41 earnings per share 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 business had revenue of $30.92 billion for the quarter, compared to the consensus estimate of $30.83 billion.

TGT has been the subject of a number of other reports. StockNews.com cut shares of Target from a “buy” rating to a “hold” rating in a research note on Monday, March 3rd. Citigroup reduced their price objective on shares of Target from $133.00 to $120.00 and set a “neutral” rating for the company in a research note on Wednesday. Truist Financial reduced their price objective on shares of Target from $134.00 to $124.00 and set a “hold” rating for the company in a research note on Wednesday. Evercore ISI reduced their price objective on shares of Target from $135.00 to $130.00 and set an “in-line” rating for the company in a research note on Wednesday. Finally, Oppenheimer reduced their price objective on shares of Target from $165.00 to $150.00 and set an “outperform” rating for the company in a research note on Thursday. One investment analyst has rated the stock with a sell rating, eighteen have assigned a hold rating and fourteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $147.00.

Target Stock Up 0.9 %

TGT opened at $115.11 on Thursday. The company has a current ratio of 0.94, a quick ratio of 0.25 and a debt-to-equity ratio of 0.99. Target has a 1-year low of $112.10 and a 1-year high of $181.86. The company has a market capitalization of $52.74 billion, a PE ratio of 12.21, a PEG ratio of 1.94 and a beta of 1.18. The firm’s 50 day simple moving average is $132.05 and its two-hundred day simple moving average is $141.51.

Institutional Investors Weigh In On Target

Several institutional investors have recently made changes to their positions in TGT. Legacy Investment Solutions LLC bought a new stake in shares of Target in the 3rd quarter worth about $28,000. Hopwood Financial Services Inc. bought a new stake in shares of Target in the 4th quarter worth about $29,000. Bernard Wealth Management Corp. bought a new stake in shares of Target in the 4th quarter worth about $29,000. MCF Advisors LLC lifted its holdings in shares of 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 during the last quarter. Finally, Raleigh Capital Management Inc. lifted its holdings in shares of Target by 110.7% in 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 last quarter. Institutional investors own 79.73% of the company’s stock.

Target Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Saturday, March 1st. Stockholders 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 dividend yield of 3.89%. Target’s dividend payout ratio (DPR) is presently 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.