What is Zacks Research’s Estimate for Target Q1 Earnings?

Target Corporation (NYSE:TGT) – Equities research analysts at Zacks Research cut their Q1 2027 EPS estimates for shares of Target in a note issued to investors on Friday, March 13th. Zacks Research analyst Team now forecasts that the retailer will earn $1.31 per share for the quarter, down from their previous estimate of $1.48. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Target’s current full-year earnings is $8.69 per share. Zacks Research also issued estimates for Target’s Q2 2027 earnings at $2.18 EPS, Q3 2027 earnings at $1.89 EPS, FY2027 earnings at $7.98 EPS, Q1 2028 earnings at $1.44 EPS, Q2 2028 earnings at $2.32 EPS, Q3 2028 earnings at $2.00 EPS, FY2028 earnings at $8.50 EPS and FY2029 earnings at $9.15 EPS.

Target (NYSE:TGT) last announced its earnings results on Tuesday, March 3rd. The retailer reported $2.44 earnings per share for the quarter, beating analysts’ consensus estimates of $2.16 by $0.28. Target had a net margin of 3.54% and a return on equity of 22.25%. The firm had revenue of $30.45 billion for the quarter, compared to analyst estimates of $30.52 billion. During the same quarter in the previous year, the firm posted $2.41 EPS. The company’s revenue for the quarter was down 1.5% compared to the same quarter last year. Target has set its Q1 2026 guidance at 1.300- EPS and its FY 2026 guidance at 7.500-8.500 EPS.

A number of other research analysts have also recently commented on the company. BMO Capital Markets raised their target price on Target from $105.00 to $130.00 and gave the company a “market perform” rating in a research note on Wednesday, March 4th. Mizuho set a $120.00 price target on Target in a research note on Thursday, March 5th. The Goldman Sachs Group increased their price objective on Target from $91.00 to $112.00 and gave the stock a “neutral” rating in a report on Wednesday, March 4th. TD Cowen lowered their price objective on Target from $105.00 to $90.00 and set a “hold” rating for the company in a research report on Thursday, November 20th. Finally, Wolfe Research upgraded shares of Target from an “underperform” rating to a “peer perform” rating in a report on Tuesday, January 27th. Eleven equities research analysts have rated the stock with a Buy rating, twenty have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $116.45.

Target Stock Down 0.2%

TGT stock opened at $116.77 on Monday. Target has a fifty-two week low of $83.44 and a fifty-two week high of $126.00. The business’s 50 day moving average price is $112.58 and its two-hundred day moving average price is $99.30. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.36 and a current ratio of 0.94. The company has a market capitalization of $52.88 billion, a price-to-earnings ratio of 14.36, a price-to-earnings-growth ratio of 5.00 and a beta of 1.12.

Target Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Wednesday, May 13th will be given a $1.14 dividend. This represents a $4.56 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend is Wednesday, May 13th. Target’s dividend payout ratio is 56.09%.

Institutional Trading of Target

Hedge funds and other institutional investors have recently bought and sold shares of the business. WFA of San Diego LLC purchased a new stake in shares of Target in the 2nd quarter worth $25,000. Jessup Wealth Management Inc purchased a new position in shares of Target during the fourth quarter valued at $25,000. Altshuler Shaham Ltd purchased a new position in shares of Target during the fourth quarter valued at $26,000. Heartwood Wealth Advisors LLC purchased a new position in shares of Target during the third quarter valued at $27,000. Finally, Global Wealth Strategies & Associates lifted its stake in Target by 192.0% in the fourth quarter. Global Wealth Strategies & Associates now owns 292 shares of the retailer’s stock worth $29,000 after acquiring an additional 192 shares during the period. Hedge funds and other institutional investors own 79.73% of the company’s stock.

Target Company Profile

Target Corporation (NYSE: TGT) is a U.S.-based general merchandise retailer headquartered in Minneapolis, Minnesota. The company operates a network of full-line and small-format stores across the United States alongside a national e-commerce platform and mobile app. Target’s retail assortment spans apparel, home goods, electronics, groceries and household essentials, plus beauty, baby and pet categories. The firm complements national brands with a portfolio of owned and exclusive labels and partnerships that help differentiate its merchandise assortment.

Target traces its roots to the Dayton Company, founded by George Dayton in 1902; the Target discount chain was launched in 1962 and the parent company later adopted the Target Corporation name.