TARGET HOSPITALITY CORP (TH)
Consumer Discretionary · Specialty rental hospitality services and workforce accommodations · NASDAQ
Target Hospitality operates a nationwide network of modular accommodation communities and integrated hospitality services tailored to support energy, mining, data center, and government projects with workforce lodging and 24/7 amenities.
What TARGET HOSPITALITY CORP does
Target Hospitality is one of North America's largest vertically integrated specialty rental and hospitality services companies, operating 16,991 beds across 29 communities. The company provides comprehensive turnkey accommodation, culinary, and hospitality solutions—including lodging, food service, housekeeping, security, wellness, and site design—primarily for customers in natural resource development, critical minerals, data centers, and government contracting. Revenue is generated through specialty rental with integrated hospitality services (58.5%), facility leasing (14.3%), and construction fees (27.2%).
Themes: ["specialty rental accommodation","workforce hospitality services","natural resource development support","data center infrastructure support","critical minerals development","modular housing solutions","integrated food and hospitality operations"]
Fundamentals
- Price$18.44 as of 2026-07-09 close
- Market cap$1.8B as of 2026-07-10
- 1-year return+136.1% as of 2026-07-09 close
- Net margin-13.5% as of 2026-07-10
- Gross margin+9.8% as of 2026-07-10
- ROE-11.1% as of 2026-07-10
- Debt / equity0.09 as of 2026-07-10
- Revenue growth (YoY)-7.4% as of 2026-07-10
- Revenue CAGR (3y)-13.9% SEC XBRL
- Beta1.49 as of 2026-07-10
Key risks (from latest filing)
["Revenue contraction: YoY revenue decline of -7.43% with net margin of -13.47% indicates significant operational headwinds and unprofitability","Customer concentration and contract dependency: Large portions of revenue come from minimum-revenue-commitment contracts with major customers, creating vulnerability to customer pullbacks or project completions","Capital intensity: Large specialty rental asset base ($354.7M on balance sheet) with high depreciation ($15.6M in Q1 2026 alone) and operational complexity across geographically dispersed communities"]
Competitors & peers
- Amentum (government/contractor support services)
- Kelton Global (workforce accommodations)
- Trinity Industries (modular and specialty structures)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.