Target Corporation (NYSE:TGT) is included among the 15 Dividend Stocks That Have Increased Payouts for Over 20 Years.
Photo by Viacheslav Bublyk on Unsplash
On October 14, BTIG began covering Target Corporation (NYSE:TGT) with a Neutral rating, pointing to intense competition from other major retailers. The company set its earnings per share estimates at $7.40 for fiscal 2025 and $7.85 for fiscal 2026 for the retail company.
BTIG noted that the Target Corporation (NYSE:TGT) brand continues to stand out and remain relevant in today’s retail landscape, but cautioned that the company operates in what it described as a highly competitive market. environment. The company cited the strong performance of rivals such as Walmart, Costco and Amazon as key reasons behind its neutral view on TGT.
Target Corporation (NYSE:TGT) remains attractive to dividend investors, having increased its dividend payments for 54 consecutive years. The company pays a quarterly dividend of $1.14 per share and has a dividend yield of 5.07%, as of October 16.
Target Corporation (NYSE:TGT) is a major retail chain that offers a wide selection of products, including groceries and household essentials, while focusing on offering a more select and elevated shopping experience.
While we recognize TGT’s potential as an investment, we believe certain AI stocks offer greater growth potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that’s also benefiting significantly from Trump-era tariffs and the offshoring trend, check out our free report on best short-term AI stock.
READ NEXT: 12 Dividend Stocks You Should Buy for Investing and 11 Defensive Healthcare Dividend Stocks to Buy Now.
Disclosure: None.