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Main » Target Corporation (TGT) Analysts See $1.38 EPS on May, 23

Target Corporation (TGT) Analysts See $1.38 EPS on May, 23

17 May 2018

Earnings report for Target Corporation (NYSE:TGT) is anticipated on May, 23 before the open., Zacks reports. Five analysts have issued estimates for Target's earnings. Target Corp now has $39.07 billion valuation. During the same quarter past year, the business earned $1.45 EPS. On average, analysts expect Target to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year. TGT is touching $73.08 during the last trading session, after increased 1.11%.Target Corporation has volume of 5.00 million shares. After $0.78 actual earnings per share reported by BP p.l.c. for the previous quarter, Wall Street now forecasts 8.97% EPS growth.

On 9/21/2017 NYSE:TGT - Target announced a quarterly dividend of $0.62 4.2% with an ex dividend date of 11/14/2017 which will be payable on 12/10/2017. The firm had revenue of $22.77 billion during the quarter, compared to analysts' expectations of $22.56 billion. That's $0.17 up or 14.05 % from 2017's earnings of $1.21.

A number of brokerages recently commented on TGT. On Thursday, November 16 Stifel Nicolaus maintained Target Corporation (NYSE:TGT) with "Hold" rating. The stock rating was maintained by Robert W. Baird with "Hold" on Tuesday, January 9. The stock rating was initiated by Credit Suisse with "Buy" on Monday, March 5. Finally, Susquehanna Bancshares set a $95.00 price objective on Target and gave the stock a "buy" rating in a research report on Monday, March 5th. On Friday, February 16 the firm has "Buy" rating given by Susquehanna. Stifel Nicolaus maintained the shares of TGT in report on Thursday, November 16 with "Hold" rating. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. On Wednesday, August 26 the stock rating was maintained by BMO Capital Markets with "Hold".

TGT traded up $0.63 on Monday, hitting $70.95.

On 1/18/2018 Robert M Harrison, Insider, sold 8,557 with an average share price of $76.74 per share and the total transaction amounting to $656,664.18. The company has a current ratio of 0.95, a quick ratio of 0.30 and a debt-to-equity ratio of 0.97. Target has a 12 month low of $48.56 and a 12 month high of $78.70.

The company also recently declared a quarterly dividend, which will be paid on Sunday, June 10th. Investors of record on Wednesday, May 16th will be given a dividend of $0.62 per share. Target's dividend payout ratio is presently 52.65%. On Tuesday, January 9 the company was maintained by Bank of America. In a transaction dated January 18, 2018, the shares were put up for sale at an average price of $76.74, raking in a sum of $656,664. It also upped Steel Dynamics Inc (NASDAQ:STLD) stake by 1.23M shares and now owns 1.42 million shares. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

In other news, insider John J. Mulligan sold 118,373 shares of the stock in a transaction on Tuesday, April 3rd.

In the transaction dated December 15, 2017, the great number of shares disposed came courtesy the Director; Austin Roxanne S disposed a total of 4,705 shares at an average price of $62.61, amounting to approximately $294,580. Following the sale, the insider now owns 195,906 shares of the company's stock, valued at $13,589,999.22. The disclosure for this sale can be found here.

NYSE:TGT - Target (NYSE:TGT) has insider ownership of 0.19% and institutional ownership of 88.98%. Mutual Of Omaha Bank Wealth Management acquired 4,913 shares as Target Corp (TGT)'s stock rose 4.77%. Corient Capital Partners LLC raised its stake in Target by 11.1% during the fourth quarter. The stock grabbed 171 new institutional investments totaling 7,326,451 shares while 98 institutional investors sold out their entire positions totaling 9,135,068 shares. White Pine Capital LLC now owns 27,908 shares of the retailer's stock valued at $1,821,000 after buying an additional 725 shares during the last quarter. Schwab Charles Investment Management Inc. now owns 3,422,083 shares of the retailer's stock worth $223,291,000 after purchasing an additional 218,318 shares in the last quarter. Finally, Pendal Group Ltd boosted its position in shares of Target by 81.1% during the first quarter.