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How To Earn $500 A Month From Target Stock Ahead Of Q1 Earnings
TargetTarget(US:TGT) Benzingaยท2025-05-20 12:31

Core Viewpoint - Target Corporation is expected to report a decline in quarterly earnings and revenue compared to the previous year, with analysts projecting earnings of $1.67 per share and revenue of $24.38 billion [1] Group 1: Earnings and Revenue Expectations - Target is set to release its first-quarter earnings results on May 21, with analysts forecasting earnings of $1.67 per share, down from $2.03 per share in the same quarter last year [1] - The projected quarterly revenue for Target is $24.38 billion, a slight decrease from $24.53 billion reported in the previous year [1] Group 2: Analyst Ratings and Price Target - Barclays analyst Seth Sigman has maintained an Equal-Weight rating on Target and has lowered the price target from $140 to $102 [2] Group 3: Dividend Yield and Investment Calculations - Target offers an annual dividend yield of 4.57%, translating to a quarterly dividend of $1.12 per share, or $4.48 annually [2] - To generate $500 monthly or $6,000 annually from dividends, an investment of approximately $131,209 or around 1,339 shares is required [2] - For a more modest income of $100 per month or $1,200 annually, an investment of $26,261 or around 268 shares is necessary [2] Group 4: Dividend Yield Mechanics - The dividend yield is calculated by dividing the annual dividend payment by the stock's current price, which can fluctuate based on changes in stock price and dividend payments [3][4] - An increase in the dividend payment will raise the yield if the stock price remains constant, while a decrease in the dividend will lower the yield [4] Group 5: Stock Performance - Target's shares fell by 0.6% to close at $97.99 on Monday [4]