Target Corporation (NYSE:TGT) Updates On Dividend Release Date


On 2016-06-08, Target Corporation (NYSE:TGT) confirmed the dividend disbursement of $0.6 a share to shareholders as on record 2016-08-17. The firm will release dividend on 2016-09-10 while ex-dividend date is reported to be 2016-08-15.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Target Corporation (NYSE:TGT) paid a total of $0.6 per share in dividends. This figure stood at $0.6 a share in the same period a year ago indicating a deviation of 13.6842%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $75.642 on the stock. This figure is the average of recommendations offered by 14 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $89 and $64, respectively.

Taking the mathematical rating formula, the price for Target Corporation (NYSE:TGT) stands at 2.42. Earnings Review Target Corporation (NYSE:TGT) will report its quarterly earnings for the period ending on 2016-10-31 by 2016-11-16. For the period ending on 2016-10-31, experts are expecting EPS of $0.84.

Coming to the quarter ending on 2016-01-31, Target Corporation (NYSE:TGT) recorded EPS of $1.23. The reported numbers came lower than the analysts’ estimates of $1.14, demonstrating a miss of $0.09 as against reported figures.

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