Target Corporation Dividend Stock Analysis

Linked here is a detailed quantitative analysis of Target Corporation (NYSE: TGT). Below are some highlights from the above linked analysis:Company Description: Target Corp. operates nearly 1,800 Target, SuperTarget and CityTarget general merchandise stores across the U.S.Fair Value: In calculating fair value, I consider the NPV MMA Differential Fair Value along with these four calculations of fair value, see page 2 of the linked PDF for a detailed description:1. Avg. High Yield Price 2. 20-Year DCF Price 3. Avg. P/E Price 4. Graham NumberTGT is trading at a discount to only 1.) above. When also considering the NPV MMA Differential, the stock is trading at a 74.4% discount to its calculated fair value of $293.89. TGT earned a Star in this section since it is trading at a fair value.Dividend Analytical Data In this section there are three possible Stars and three key metrics, see page 2 of the linked PDF for a detailed description:1. Free Cash Flow Payout 2. Debt To Total Capital 3. Key Metrics 4. Dividend Growth Rate 5. Years of Div. Growth 6. Rolling 4-yr Div. > 15%TGT earned one Star in this section for 3.) above. TGT earned a Star for having an acceptable score in at least two of the four Key Metrics measured.Rolling 4-yr Div. > 15% means that dividends grew on average in excess of 15% for each consecutive 4-year period over the last 10 years (2005-2008, 2006-2009, 2007-2010, etc.) I consider this a key metric since dividends will double every 5 years if they grow by 15%. The... Read more