Target Corp (NYSE: TGT)


Last Updated: Sep-26-2016 21:59:50

TGT News & Stock Updates

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  • Wage Hike for Target Corp. (NYSE: TGT) Employees

    3/19/15: Big-box retailer Target Corp. (NYSE: TGT) will raise the minimum wage for all its employees to $9 per hour. The policy change matches the decision by rivals like Wal-Mart Stores Inc. (NYSE: WMT) and TJX Cos. (NYSE: TJX) to increase pay. Target also announced yesterday it plans to allow returns for up to a year on the store's private and exclusive brands. […]

  • Retailer Rout: (NYSE: TGT)

    Shares of retail giant Target Corp. (NYSE: TGT) rose more than 0.4% this morning on news that the company bested quarterly earnings expectations. The company announced per-share earnings of $1.46, topping last year's quarterly earnings of $0.90 per share. The company cited its strengthening online business over the holiday season. This is a big boost […]

  • Cybercrime Update: (NYSE: V), (NYSE: MA), (NYSE: TGT), (NYSE: HD), (NYSE: ANTM)

    A surge in cybersecurity breaches has payment companies increasingly concerned about customer confidence in their products and services. Over the weekend, Visa Inc. (NYSE: V) and MasterCard Inc. (NYSE: MA) have announced plans to boost their cybersecurity features for online transactions. MasterCard has invested at least $20 million in its new features including biometrics and […]

  • Target Stock (NYSE: TGT) Is Off the Mark in 2015

    Target Corp. had one chance to make a good first impression in Canada… and blew it. And Target stock may soon feel the effects.

    I know because I saw it clearly for myself.

    While that may sound harsh, it's the reality of what happened.

    Just two years into their expansion north of the border, and billions of dollars later, the chain's closing up shop and taking a big hit.

    This should never have happened and it is another blow to an increasingly punch-drunk retailer.

    Here's the story behind it and what to do...
  • Feeding Frenzy: (Nasdaq: AMZN), (NYSE: WMT), (NYSE: BBY) and (NYSE: TGT)

    Cyber Monday is on tap today, which could be a boon for e-commerce giant Amazon.com Inc. (Nasdaq: AMZN). However, investors will be paying significant attention to retailer stocks after Black Friday, the largest shopping day of the year in the United States. According to the National Retail Federation, shopping revenues over the Thanksgiving holiday weekend […]

  • Retail Surge: (NYSE: TGT) and (NYSE: LOW)

    Shares of Target Corp. (NYSE: TGT) and Lowe's Companies Inc. (NYSE: LOW) jumped 3.1% and 4.3% respectively this morning on strong earnings reports and sales outlooks. This morning, Target said it beat third-quarter profit estimates on strong back-to-school and Halloween sales. The company is currently in the middle of a turnaround, and will likely open […]

  • Solving the Breach for (NYSE: HD) and (NYSE: TGT)

    Following the confirmation by The Home Depot Inc. (NYSE: HD) that the company had been hacked, two U.S. Senators have asked the Federal Trade Commission to open an investigation into the cybersecurity data breach. Meanwhile, five U.S. states have opened their own internal investigations into the breach, which likely affected customers dating back to April. The breach is the largest […]

  • Problems Ahead for Target Corp. (NYSE: TGT)

    Problems Ahead: Shares of Target Corp. (NYSE: TGT) were off more than 1.5% in premarket hours on news the company has cut its 2014 outlook, after it failed to meet Wall Street expectations on its second-quarter earnings. The company reported earnings-per-share of $0.78, missing expected results of $0.80. The company is still reeling from a […]

  • Target Corp. (NYSE: TGT) Extends Store Hours

    Open Late: In an effort to boost profits and obtain new customers, Target Corp. (NYSE: TGT) announced plans to extend its store hours by one to two hours at more than 900 of its locations. The announcement is part of its new strategy from new CEO Brian Cornell as the firm attempts to recover from […]

  • Bitcoin News: CFPB Report Makes Digital Currency Seem More Risky Than It Is

    Some negative Bitcoin news from the Consumer Financial Protection Bureau yesterday (Monday) – a blunt warning of all the dangers of Bitcoin – illustrates the uneasy relationship the U.S. government has with the digital currency.

    The CFPB "consumer advisory," which encompasses all virtual currencies, effectively scares people away from them by presenting a laundry list of worst-case scenarios.

    But for consumers to make an informed choice about whether they want to adopt Bitcoin, they need to know about the benefits as well as the risks.
  • Dividend-Paying Stocks: The Newest Payout Increases and Special Dividends

    Dividend-paying stocks update: Presently, 421 companies in the S&P 500 Index pay a cash dividend – the most since September 1998's tally of 423.

    And S&P 500 dividend stocks are on track to post a 10.5% increase in annual cash dividends paid in 2014.

    Following are the 25 dividend enrichments announced in the week ending June 13.
  • Sears Stock (Nasdaq: SHLD) Remains on "Death Watch" After Today's Earnings

    Sears stock (Nasdaq: SHLD) slumped 4% in premarket trading this morning (Thursday) before announcing financial results for its first quarter, which ended May 3. Overall, Sears posted a loss of $2.24 per share, vastly widening from Q1 2013's loss of $1.29 per share. The numbers were way off from analysts' more optimistic expectations of a projected loss of $1.91 per share. Revenue fell 6.8% to $7.88 billion.

    Not much has changed in recent years for the retailer, which merged with Kmart in 2005.

    You see, today's earnings are just another "nail in the coffin" in a long line of hits to SHLD stock – in fact, they mark 28 straight quarters of revenue drops for the retailer.

    Here’s why investors should continue to steer clear of this “death watch” stock…
  • Hot Stocks to Watch Today: AIG, GOOGL, TIF, and 9 More Movers

    Hot stocks today are moving on analyst upgrades, company news, and Q1 2014 earnings reports.

    Today's list of hot stocks to watch includes a luxury jeweler hitting a 52-week high, an online travel company climbing on new analyst coverage, and a handful of eco-friendly firms surging on earnings and company developments.

    Check out 12 of Wednesday’s hot stocks on the move, and see what’s behind their action.
  • Top Financial News: FOMC Minutes Today, Detroit's JP Morgan Bailout, and More

    Top financial news today, May 21, 2014: The Dow Jones Industrial Average plummeted more than 100 points on Tuesday after a sharp selloff in retail stocks rattled the markets.

    Here are the top financial news stories you should know to make your Wednesday profitable…
  • Target (NYSE: TGT) Stock Up on Earnings, But Slowdown Ahead

    Target (NYSE: TGT) stock was up 2% in early morning trading after the company delivered a strong earnings report before the bell today (Wednesday).

    Target Corp. reported earnings Wednesday morning, with a net earnings per share of $1.04 compared to analysts' expectations of $1.01 per share. Adjusted earnings per share, a measure the company believes is useful in providing period-to-period comparisons of results of its U.S. operations, was $1.11 in the first quarter of 2012, up 11% from $0.99 in 2011.

    Same store sales rose 5.3% in the quarter, the highest growth in six years as consumers took advantage of the warm winter in many regions.

    "We're very pleased with our first quarter earnings, which benefited from better-than-expected sales," said Gregg Steinhafel, chairman, president, and chief executive officer of Target.

    But a continued Target stock rally is in jeopardy as 2012 bears a feeble retail outlook and cautious investor sentiment.

    "We're in a period where there's little conviction to buy," Richard Cripps, chief investment officer at Stifel Financial, told USAToday. "The road ahead is too uncertain because of European concerns and the presidential election later this year."

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Target Corp (NYSE: TGT) Profile

Volume6,903,638
Open$68.45
Prior Close$68.77
Market Cap$38.64 B
PE Ratio13.99
Beta0.68
Target Corporation operates large-format general merchandise and food discount stores in the United States which include Target and SuperTarget stores. They offer both everyday essentials and fashionable differentiated merchandise at exceptional prices. Their ability to deliver a shopping experience that is preferred by their guests is supported by their strong supply chain and technology infrastructure. They operate as a single business segment. Their credit card operations represent an integral component of their core retail business. They also operate a fully integrated online business Target.com. Although Target.com is small relative to their overall size its sales are growing at a much more rapid pace than their in-store sales and it provides important benefits to their stores and credit card operations.
SymbolCompanyMarket cap
COSTCostco Wholesale$67.09 B
TJXTJX Companies$50.23 B
ROSTRoss Stores Inc$25.37 B
DGDollar General Corp$20.25 B
DLTRDollar Tree Inc$18.88 B
BURLBurlington Stores Inc$5.92 B
PSMTPricesmart Inc$2.5 B
BIGBig Lots$2.13 B
SHLDSears Hldgs Corp$1.25 B
FREDFred's Inc$0.37 B

TGT Earnings

1st Quarter Earnings$1.23 (2016-08-17)
2nd Quarter Earnings$1.29 (2016-05-18)
3rd Quarter Earnings$1.52 (2016-02-24)
4th Quarter Earnings$0.86 (2015-11-18)
PE Ratio13.99
EPS Growth5.61%
Recent Earnings$1.23
Annual EPS$4.9
Market Capitalization$38.64 B
Insider Shareholder %0.0025%
Annual Revenue$71.6 B
Number of Shares Outstanding574,800 Shares
Institutional Shareholder %86.19%
Annual Net Income$3.29B
TTM Net Profit Margin$4.59
One Year Return-10.21%
Three Year Return14.34%
Five Year Return55.6%
Five Year Revenue Growth9.49%
Five Year Earnings Growth17.25%
Five Year Dividend Growth157.14%
Last Quarter EPS$1.23
Annual EPS$4.9
Annual Dividend$2.4
Annual Dividend Yield3.5%
Change in EPS YTD5.61%
PE Ratio13.99
Recent Earnings$1.23
Dividends per Share$0.6
Stock Split Ratio2-1
beta0.68

TGT Key Stats

Last Price$67.22
Net Change$-1.55 (-2.25%)
Bid$0
Ask Price$0
Open Price$68.45
Previous Close Price$68.77
High Price$68.45
Low Price$67.12
Number of Trades33,313
Volume6,903,638
Fifty Two Week High$84.14 (2016-04-19)
Fifty Two Week Low$65.5 (2016-05-18)
Average Daily Volume5,887,990
Share Outstanding574,800 Shares
Total Dividend Payout$2.4/yr
Dividend Yield3.5%