What is Northland Securities’ Forecast for TH Q3 Earnings?

Target Hospitality Corp. (NASDAQ:TH) – Research analysts at Northland Securities lifted their Q3 2026 earnings per share estimates for Target Hospitality in a report issued on Thursday, August 27th. Northland Securities analyst G. Gibas now expects that the company will earn ($0.01) per share for the quarter, up from their prior forecast of ($0.04). The consensus estimate for Target Hospitality’s current full-year earnings is ($0.08) per share. Northland Securities also issued estimates for Target Hospitality’s Q4 2026 earnings at $0.22 EPS, FY2026 earnings at $0.00 EPS and FY2027 earnings at $1.07 EPS.

Several other equities research analysts have also commented on TH. Weiss Ratings upgraded shares of Target Hospitality from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, August 21st. Stifel Nicolaus set a $26.00 target price on Target Hospitality in a report on Thursday, August 27th. Morgan Stanley initiated coverage on Target Hospitality in a research note on Monday, August 17th. They set an “overweight” rating and a $22.00 price target on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $23.00 price target on shares of Target Hospitality in a research report on Thursday, August 27th. Finally, Oppenheimer raised their target price on shares of Target Hospitality from $21.00 to $24.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $24.00.

Target Hospitality Stock Down 2.4%

Shares of NASDAQ:TH opened at $18.07 on Monday. The firm has a 50 day simple moving average of $17.33 and a 200-day simple moving average of $14.82. Target Hospitality has a twelve month low of $5.97 and a twelve month high of $20.85. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $1.80 billion, a PE ratio of -47.55 and a beta of 1.51.

Target Hospitality (NASDAQ:TH) last announced its quarterly earnings results on Monday, August 10th. The company reported ($0.09) EPS for the quarter, beating the consensus estimate of ($0.11) by $0.02. Target Hospitality had a negative net margin of 10.85% and a negative return on equity of 9.80%. The company had revenue of $85.45 million for the quarter, compared to analyst estimates of $79.30 million.

Institutional Trading of Target Hospitality

Hedge funds and other institutional investors have recently made changes to their positions in the company. Quantbot Technologies LP purchased a new position in Target Hospitality during the second quarter worth about $27,000. IFP Advisors Inc boosted its stake in shares of Target Hospitality by 88.0% in the third quarter. IFP Advisors Inc now owns 4,002 shares of the company’s stock valued at $35,000 after buying an additional 1,873 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in shares of Target Hospitality by 121.5% in the third quarter. Russell Investments Group Ltd. now owns 4,494 shares of the company’s stock valued at $38,000 after buying an additional 2,465 shares in the last quarter. Galaxy Digital Capital Management GP LLC acquired a new position in Target Hospitality during the first quarter worth $67,000. Finally, Tripletail Wealth Management LLC raised its position in Target Hospitality by 62.2% in the fourth quarter. Tripletail Wealth Management LLC now owns 11,630 shares of the company’s stock worth $93,000 after acquiring an additional 4,460 shares in the last quarter. Hedge funds and other institutional investors own 32.40% of the company’s stock.

About Target Hospitality

Target Hospitality is a lodging solutions provider specializing in the ownership and operation of modular workforce housing communities across North America. The company serves large-scale clients in the energy, mining, construction and government sectors that require temporary or long-term accommodations for remote workforces. Its housing portfolio includes suite-style units, single-family cabins and “man-camp” dormitories, designed to match project size, duration and workforce composition.

In addition to lodging, Target Hospitality delivers integrated support services such as on-site dining and culinary management, housekeeping, maintenance, facility management and logistics planning.