Target Corp (NYSE:TGT) reported weaker-than-expected first-quarter earnings on Wednesday.
The Minneapolis-based company reported a first-quarter FY24 sales decline of 3.1% year-on-year to $24.531 billion, beating the analyst consensus estimate of $24.521 billion. Comparable sales declined 3.7% in the first quarter. Adjusted EPS of $2.03 missed the analyst consensus estimate of $2.06, according to data from Benzinga Pro.
Several analysts, including, Deutsche Bank, RBC Capital, UBS, BMO Capital, Truist Securities, Morgan Stanley and Morgan Stanley, lowered their price targets on the stock Thursday.
With the recent buzz around Target, some investors may be eyeing potential gains from the company's dividends. As of now, Target has a dividend yield of 3.05%, which is a quarterly dividend amount of $1.10 a share ($4.40 a year).
To figure out how to earn $500 monthly from Target, we start with the yearly target of $6,000 ($500 x 12 months).
Next, we take this amount and divide it by Target's $4.40 dividend: $6,000 / $4.40 = 1,364 shares
So, an investor would need to own approximately $196,975 worth of Target, or 1,364 shares to generate a monthly dividend income of $500.
Assuming a more conservative goal of $100 monthly ($1,200 annually), we do the same calculation: $1,200 / $4.40 = 273 shares, or $39,424 to generate a monthly dividend income of $100.
Note that dividend yield can change on a rolling basis, as the dividend payment and the stock price both fluctuate over time.
The dividend yield is calculated by dividing the annual dividend payment by the current stock price. As the stock price changes, the dividend yield will also change.
For example, if a stock pays an annual dividend of $2 and its current price is $50, its dividend yield would be 4%. However, if the stock price increases to $60, the dividend yield would decrease to 3.33% ($2/$60).
Conversely, if the stock price decreases to $40, the dividend yield would increase to 5% ($2/$40).
Further, the dividend payment itself can also change over time, which can also impact the dividend yield. If a company increases its dividend payment, the dividend yield will increase even if the stock price remains the same. Similarly, if a company decreases its dividend payment, the dividend yield will decrease.
TGT Price Action: Shares of Target gained 0.8% to close at $144.41 on Wednesday.
塔吉特公司(NYSE:TGT)週三公佈的第一季度收益低於預期。
這家總部位於明尼阿波利斯的公司報告稱，24財年第一季度銷售額同比下降3.1％，至245.31億美元，超過了分析師共識估計的245.21億美元。第一季度可比銷售額下降了3.7％。根據Benzinga Pro的數據，調整後的每股收益爲2.03美元，未達到分析師普遍預期的2.06美元。
包括德意志銀行、加拿大皇家銀行資本、瑞銀、BMO Capital、Truist Securities、摩根士丹利和摩根士丹利在內的幾位分析師週四下調了該股的目標股價。
隨着最近圍繞塔吉特的熱議，一些投資者可能正在關注該公司的股息的潛在收益。截至目前，塔吉特的股息收益率爲3.05％，季度股息爲每股1.10美元（每年4.40美元）。
爲了弄清楚如何從塔吉特每月賺取500美元，我們首先將年度目標定爲6,000美元（500美元x12個月）。
接下來，我們取這個金額除以塔吉特的4.40美元股息：6,000美元/4.40美元 = 1,364股
因此，投資者需要擁有價值約196,975美元的塔吉特股票，即1,364股股票才能產生500美元的月股息收入。
假設更保守的目標是每月100美元（每年1200美元），我們的計算方法相同：1200美元/4.40美元=273股，或39,424美元，每月產生100美元的股息收入。
請注意，股息收益率可能會滾動變化，因爲股息支付和股票價格都會隨着時間的推移而波動。
股息收益率的計算方法是將年度股息支付額除以當前股價。隨着股價的變化，股息收益率也將發生變化。
例如，如果一隻股票的年度股息爲2美元，其當前價格爲50美元，則其股息收益率將爲4％。但是，如果股價上漲至60美元，股息收益率將降至3.33％（2美元/60美元）。
相反，如果股價跌至40美元，股息收益率將增加到5％（2美元/40美元）。
此外，股息支付本身也可能隨着時間的推移而發生變化，這也可能影響股息收益率。如果公司增加股息支付，即使股價保持不變，股息收益率也會增加。同樣，如果公司減少股息支付，股息收益率將降低。
TGT價格走勢：週三，塔吉特股價上漲0.8％，收於144.41美元。
