Target's Trading Volume Plummets 37.59% to $448 Million Ranking 159th in Market

On June 17, 2025, Target's trading volume reached $448 million, a significant 37.59% decrease from the previous day, placing it at the 159th position in the day's stock market rankings. The stock price of Target (TGT) fell by 2.41%.

Target's stock has faced a challenging year, with shares down 28% year to date, contrasting with modest gains of 3.7% for the industry and 1.7% for the S&P 500. This performance has led some analysts to question whether now is the time to buy the stock at its current bargain price.

One of the key reasons investors might consider buying Target stock is its historically high dividend yield of 4.5%, which is near the highest levels in the company's history. This yield suggests that Target shares are currently undervalued. Traditional valuation metrics also support this view, with the price-to-sales ratio at 0.4 times versus a five-year average of 0.7 times, and the price-to-earnings ratio at roughly 11 times compared to a longer-term average of about 17.5 times.

Target's status as a Dividend King, having increased its dividend for 58 consecutive years, adds to its appeal. Despite a significant decline in stock price from its 2021 highs, Target has continued to grow its dividend, indicating a strong business plan that can weather downturns. The company's recent corporate shakeup, including the creation of an "enterprise acceleration office," shows its commitment to addressing current challenges and improving its operations.

For long-term dividend investors, Target's current situation presents an opportunity to collect a high yield while waiting for a business upturn. The company's history of navigating through tough times and emerging stronger suggests that it will eventually regain its footing, making it a potentially attractive investment for those willing to wait for a recovery.