Target (TGT) Expected to Announce Quarterly Earnings on Wednesday

Target (NYSE:TGT) is expected to be releasing its Q3 2026 results before the market opens on Wednesday, November 18th. Analysts expect the company to announce earnings of $2.06 per share and revenue of $26.44 billion for the quarter. Target has set its FY 2026 guidance at 9.900-10.900 EPS. Interested persons may review the information on the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Wednesday, November 18, 2026 at 8:00 AM ET.

Target (NYSE:TGT) last issued its earnings results on Wednesday, August 19th. The retailer reported $4.11 EPS for the quarter, topping the consensus estimate of $2.35 by $1.76. The business had revenue of $26.54 billion during the quarter, compared to the consensus estimate of $26.13 billion. Target had a return on equity of 23.23% and a net margin of 4.08%. The firm’s revenue was up 5.3% compared to the same quarter last year. During the same quarter last year, the company earned $2.05 EPS. On average, analysts expect Target to post $8.91 EPS for the current fiscal year and $9.48 EPS for the next fiscal year.

Target Stock Down 2.5%

TGT stock opened at $161.82 on Wednesday. The company has a quick ratio of 0.36, a current ratio of 0.99 and a debt-to-equity ratio of 0.80. The firm has a market capitalization of $73.51 billion, a PE ratio of 16.80, a PEG ratio of 3.07 and a beta of 0.94. Target has a twelve month low of $83.44 and a twelve month high of $170.75. The stock has a 50-day simple moving average of $156.48 and a two-hundred day simple moving average of $135.60.

Target Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Wednesday, November 11th will be issued a $1.16 dividend. This represents a $4.64 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Tuesday, November 10th. Target’s dividend payout ratio is presently 48.18%.

Insiders Place Their Bets

In other Target news, CAO Matthew Liegel sold 926 shares of the stock in a transaction on Friday, August 21st. The stock was sold at an average price of $163.51, for a total value of $151,410.26. Following the completion of the transaction, the chief accounting officer owned 12,266 shares in the company, valued at approximately $2,005,613.66. This represents a 7.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Melissa Kremer sold 15,500 shares of the firm’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of $169.96, for a total value of $2,634,380.00. Following the transaction, the insider directly owned 56,981 shares of the company’s stock, valued at $9,684,490.76. This represents a 21.38% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.13% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

TGT has been the subject of a number of analyst reports. Piper Sandler raised their price objective on shares of Target from $146.00 to $153.00 and gave the company a “neutral” rating in a research report on Thursday, August 20th. BNP Paribas Exane upped their target price on shares of Target from $92.00 to $128.00 and gave the stock an “underperform” rating in a report on Thursday, August 20th. Wall Street Zen upgraded shares of Target from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 5th. Roth Capital reiterated a “neutral” rating and issued a $142.00 target price (up from $114.00) on shares of Target in a research note on Thursday, August 20th. Finally, BMO Capital Markets raised their price target on shares of Target from $150.00 to $160.00 and gave the company a “market perform” rating in a report on Thursday, August 20th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, seventeen have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $161.70.

Target Company Profile

Target Corporation is a U.S. general merchandise retailer that sells products through its stores and digital channels. Its assortment includes apparel and accessories, beauty products, home goods, groceries, electronics, toys, and household essentials, along with merchandise from national brands and Target-owned brands. The company also offers services such as in-store and curbside order pickup and same-day delivery in eligible areas. Target serves customers across the United States. The company traces its history to the Dayton Dry Goods Company, founded in Minneapolis in 1902.