Target Corp $ 121.67 1.59 (1.32%)
TGT News and Headlines - Targetrp
The Dow Jones Industrial Average closed at 25,871.46 on Friday with a loss of 208.64 points or -0.80%. The S&P 500 closed at 3,097.74 for a loss of 17.60 points or -0.56%. The Nasdaq Composite closed at 9,946.12 for a gain of 3.07 points or 0.03%. The VIX Volatility Index was higher at 34.48 for a gain of 1.54 points or 4.68%.
For the week, the Nasdaq gained 3.7%, the S&P 500 gained 1.9% and the Dow Jones gained 1%. For the year, the Nasdaq is up 10.85%, the S&P 500 is down 4.12% and the Dow Jones is down
While many investors are mostly concerned with the ups and downs of the share price, dividend growth investors' primary concern is generating enough income to cover expenses. Reaching that milestone requires annual dividend growth. In this article, we will take a look at three companies that have recently raised their dividend payments.
Target Corp. (TGT) is one of the largest discount retailers in the world. The 118-year-old company sells consumer products and groceries in its nearly 1,900 stores. Besides its “big box” store types, Target also has smaller stores in urban areas that are tailored to consumer tastes.
Several retail giants have announced temporary closures and adjusted hours of their stores during the ongoing protests.
Apple (AAPL), Target (TGT) and Whole Foods, which is owned by Amazon (AMZN), have decided to temporarily close certain locations and adjust their operating hours to help workers comply with curfews that have been placed in certain cities. Stores in locations where looting has become prominent alongside the peaceful protests have already seen damage in several cities.
The retail locations that are now closing once again had only recently opened as restrictions surrounding the Covid-19 pandemic have begun to lift.
Unfortunately, as we collectively face challenging times during this pandemic, certain business models thrive and benefit in this kind of environment. One of the main beneficiaries of the coronavirus crisis, in my opinion, would have to be Aaron's Inc. (AAN).
Aaron's offers lease-purchase solutions primarily to an undeserved, credit-challenged segment of the population who tend to have a FICO score between 500-700. A lease-purchase solution is a written agreement between a seller and buyer giving the buyer an option to purchase the property when they have made lease payments until the full price is paid up.
Consumers with lease-purchase solutions
The Dow Jones Industrial Average closed at 24,575.90 on Wednesday with a gain of 369.04 points or 1.52%. The S&P 500 closed at 2,971.61 for a gain of 48.67 points or 1.67%. The Nasdaq Composite closed at 9,375.78 for a gain of 190.67 points or 2.08%. The VIX Volatility Index was lower at 27.89 for a loss of 2.64 points or -8.65%.
Wednesday’s market movers
U.S. indexes closed higher Wednesday with a second day showing some strong results in retail. Lowe’s (LOW) and Target (TGT) both beat estimates, following an earnings beat from Walmart (WMT) yesterday.
Target Corp. (TGT) released its first-quarter results before the opening bell on May 20. The retailer posted both an earnings and revenue beat thanks to robust digital sales, which comprehensively offset coronavirus-related costs of roughly $500 million.
By the numbers
Target reported adjusted earnings of 59 cents per share, which topped analysts' estimates of 46 cents. Revenue came in at $19.62 billion, surpassing expectations of $19.1 billion.
Same-store sales grew 10.8%, which was more than the anticipated increase of 7.5%. While the number of transactions plunged during the quarter, the average basket jumped 12.5% as compared to the same period
The Dow Jones Industrial Average closed at 24,221.99 on Monday with a loss of 109.33 points or -0.45%. The S&P 500 closed at 2,930.19 for a gain of 0.39 points or 0.01%. The Nasdaq Composite closed at 9,192.34 for a gain of 71.02 points or 0.78%. The VIX Volatility Index was lower at 27.74 for a loss of 0.24 points or -0.86%.
Monday’s market movers
The major indexes were mostly higher Monday, but stocks ended mostly flat across the board. There were no major reports on the economic calendar. The Treasury held auctions for three-month bills at a rate of
The Dow Jones Industrial Average closed at 23,749.76 on Monday with a gain of 26.07 points or 0.11%. The S&P 500 closed at 2,842.74 for a gain of 12.03 points or 0.42%. The Nasdaq Composite closed at 8,710.71 for a gain of 105.77 points or 1.23%. The VIX Volatility Index was lower at 35.93 for a loss of 1.26 points or -3.39%.
Monday’s market movers
The major U.S. indexes ended higher Monday with gains capped by new U.S. and China tariff tensions. President Trump has threatened to impose new tariffs and other penalties for Chinese imports in retaliation for China’s
The Dow Jones Industrial Average closed at 23,775.27 on Friday with a gain of 260.01 points or 1.11%. The S&P 500 closed at 2,836.74 for a gain of 38.94 points or 1.39%. The Nasdaq Composite closed at 8,634.52 for a gain of 139.77 points or 1.65%. The VIX Volatility Index was lower at 35.80 for a loss of 5.58 points or -13.48%.
For the week, the Dow Jones fell 1.9%, the S&P 500 was down 1.3% and the Nasdaq returned -0.2%. For the year, the Dow Jones is down 17.60%, the S&P 500 is down 12.20% and the Nasdaq has
The fund operates under Smead Capital Management. Its contrarian investing strategy is based on large-cap stocks that meet the following criteria: serve an economic need, have a strong competitive advantage, have a long history of profitability and strong operating metrics, generate high levels of free chase flow, are undervalued, have a strong balance sheet, show insider ownership and have a history of friendly relations between
In 1991, during the first Gulf War, Scud missiles were shot into Israel by Iraqi forces. The towns of Tel Aviv and Haifa were targeted. An American company, Raytheon, had developed a missile technology to shoot those Scud missiles down on their way from launch. In the middle of that scary war scenario, investors were calling their brokers and asking to buy shares of Raytheon. It was a temporary high in common stock popularity for Raytheon, but it was a low point for businesses which were negatively affected by a massive business slowdown which occurred from August 4, 1990 until
Continuing his quest to a new investment model, Anurag Sharma explored the criteria for “fundamentally a 'good' business.” As part of that, he continued to try to refute investment cases, or theses, to test their soundness.
In chapter 18 of “Book of Value: The Fine Art of Investing Wisely,” he focused on two areas: capital efficiency and cash flow management. Understanding what’s happening with these two elements will provide a window into a company’s business economics. The information needed comes from the financial statements.
Starting with capital efficiency, the author said just three simple ratios will tell us how well
Dear fellow investors,
The year after I graduated from college, the movie "Animal House" debuted in 1981. With everything falling apart for the Delta fraternity, including grades and double-triple probation, all looked lost. At the point when others would give up, senior fraternity member, John Blutarsky, gave a spirited call to arms by reminding everyone that the U.S. didn’t give up when our Naval operations at Pearl Harbor were bombed on Dec. 7, 1941. He said, “When the going gets tough…?” and then he ran out the door expecting everyone to follow him. The fact that he got the wrong
Every second the stock markets are open, there is an ongoing dance between price and value; at least for all equities that enjoy any volume. In times of turmoil, as there was in the third week of March 2020, that relationship took several dramatic twists and turns.
When stock markets plunge, the cost of buying future earnings plunges too. Just as spending "x" dollars for a gallon of gas which will take us "x" miles, we also invest "x" dollars now to buy "x" dollars worth of future income or capital
The Dow Jones Industrial Average closed at 25,917.41 on Tuesday with a loss of 785.91 points or -2.94%. The S&P 500 closed at 3,003.37 for a loss of 86.86 points or -2.81%. The Nasdaq Composite closed at 8,684.09 for a loss of 268.07 points or -2.99%. The VIX Volatility Index was higher at 36.82 for a gain of 3.40 points or 10.17%.
Tuesday’s market movers
There were no major economic reports on the calendar Tuesday. The Federal Open Market Committee announced a surprise interest rate reduction of 50 basis points bringing the target federal funds rate to 1.00% to 1.25%.
Dear fellow investors,
Those of you who have been with us recently know that we are calling the recent decline in value stocks a capitulation in a value investing depression. The coronavirus has sucked all the economic optimism out of a market which has hugged tightly to large growth companies providing reliable sales or earnings momentum. Index and exchange-traded fund investors are also gripping tightly to low-volatility stability stocks with slower, more consistent growth at very high price-earnings ratios (P/E). Here is how the Russell 1000 Value Index has done recently in comparison to the Russell 1000 Growth:
Income investors can generate superior returns by buying high-quality dividend growth stocks and holding them for long periods of time. For example, the Dividend Aristocrats are a group of 64 stocks in the S&P 500 Index that have each increased their dividends for 25 consecutive years or longer. The Dividend Aristocrats collectively have outperformed the S&P 500 Index by 0.4% per year over the past decade.
Investors can purchase shares of the Dividend Aristocrats on an individual basis or investors can purchase the ProShares S&P 500 Dividend Aristocrats ETF (NOBL). While we believe investors can generate even stronger returns by
Investors searching for value opportunities may want to consider the following securities, as they do not appear expensive. Their earnings are trading for less than 20 times their price, they have a consistent history of earnings and sales generation, they have not incurred net losses in the last five years and they have accomplished average growth rates in both the top and the bottom lines.
Furthermore, analysts on Wall Street have issued positive recommendation ratings ranging between overweight and buy for these stocks.
The first stock under consideration is Target Corp. (TGT).
The Minneapolis, Minnesota-based operator of discount stores
According to the GuruFocus All-In-One Screener, a Premium feature, the following companies were trading with low price-sales ratios as of Jan. 24.
Enterprise Products Partners
Enterprise Products Partners LP (EPD) was trading around $27.75 per share with a price-sales ratio of 1.8 and a price-earnings ratio of 12.80.
The company, which produces natural gas, crude oil and petrochemicals, has a market cap of $60.66 billion. The stock has risen at an annualized rate of 10.22% over the past decade.
The discounted cash flow calculator gives the company a fair value of $30.79, suggesting it is undervalued with a
Bed Bath & Beyond Inc. (BBBY) released its third-quarter financial results after market closed on Jan. 8. The New Jersey-based home goods retailer posted quarterly earnings and revenue that lagged behind Wall Street’s estimates.
Retailers like Amazon (AMZN), Wal-Mart (WMT) and Target (TGT) have consistently put pressure on Bed Bath as they expand the offerings in their stores and online websites.
Bed Bath & Beyond's results were also weighed down by one less week of holiday sales, which was due to the calendar shift of Thanksgiving.
By the numbers
The company registered an adjusted loss per share of 38