Welcome to our dedicated page for Target Hospitality news (Ticker: TH), a resource for investors and traders seeking the latest updates and insights on Target Hospitality stock.
Target Hospitality Corp. (NASDAQ: TH) generates frequent news and disclosures as one of North America’s largest providers of vertically integrated modular accommodations and value-added hospitality services in the United States. This news page aggregates updates on its modular workforce communities, multi-year contracts and segment performance across Government, Hospitality & Facilities Services – South, Workforce Hospitality Solutions and other hospitality services.
Readers can follow announcements on new and expanded contracts, such as workforce hub agreements supporting a North American critical mineral supply chain, multi-year lease and services agreements for data center communities in the Southwestern United States and Northern Nevada, and contracts reactivating South Texas assets to support U.S. government initiatives. Coverage also includes updates on Target’s participation in an Emergency Detention and Related Services Strategic Sourcing Vehicle with the Department of Homeland Security and U.S. Immigration and Customs Enforcement.
News items highlight the company’s strategic diversification into AI and data center infrastructure through projects like the Data Center Community and the launch of the Target Hyper/Scale sub-brand, which focuses on turnkey workforce housing for data centers, energy projects and large-scale infrastructure developments. Earnings releases and conference call announcements provide insight into segment results, contract pipelines and the mix of construction and services revenue.
By monitoring this page, investors and observers can review Target Hospitality’s latest press releases, quarterly results, contract awards, community expansions and governance updates, all in one place, to better understand how the company’s modular accommodations and hospitality services evolve across its end markets.
Target Hospitality (NASDAQ: TH) reported Q2 2025 financial results with revenue of $61.6 million, down from $100.7 million in Q2 2024, and a net loss of $14.9 million. The company announced significant strategic progress with over $400 million in new multi-year contracts in 2025, including a $154 million Workforce Hub Contract through 2027 and a 5-year $246 million Dilley Contract supporting U.S. government initiatives.
The company maintains strong liquidity of $170 million with a net leverage ratio of 0.1x. Based on positive momentum and contract expansions, Target raised its 2025 outlook, projecting revenue between $310-320 million and Adjusted EBITDA between $50-60 million. The company is also finalizing discussions for a new multi-year contract supporting AI and data center markets.
Target Hospitality (NASDAQ: TH), a leading North American provider of modular accommodations and hospitality services, has scheduled its second quarter 2025 earnings release for Thursday, August 7, 2025, before market opening.
The company will host a conference call at 9:00 AM ET (8:00 AM CT) on the same day to discuss the results. Investors can access the call through a direct phone dial option or traditional operator-assisted lines, with a webcast available through Target Hospitality's Investors section website.
Target Hospitality (NASDAQ: TH) has secured a position on a $4.0 billion Strategic Sourcing Vehicle (SSV) contract supporting the Department of Homeland Security (DHS) and U.S. Immigration and Customs Enforcement (ICE). The SSV, which runs through May 16, 2027, is designed to expand emergency detention capabilities and related facility services in response to Executive Orders issued in January 2025.
As one of North America's largest providers of modular accommodations and hospitality services, Target Hospitality sees this award as an opportunity to directly participate in future contract awards supporting U.S. government immigration initiatives. The company plans to leverage its existing capabilities while pursuing opportunities beyond its current asset portfolio to expand its government end-market service offering.
["Secured position on a $4.0 billion government contract through May 2027", "Opens opportunities for direct participation in future U.S. government contract awards", "Potential expansion beyond existing asset portfolio", "Enhances and broadens government contract portfolio"]The company secured two major contracts: a multi-year Workforce Hub Contract worth $140 million through 2027 supporting critical mineral supply chain, and a 5-year $246 million Dilley Contract for U.S. government initiatives. Target redeemed all outstanding 10.75% Senior Notes, expecting annual interest savings of $19.5 million.
Financial position remains strong with $169 million in total available liquidity and a net leverage ratio of 0.1x. The company maintained its 2025 outlook with revenue between $265-285 million and Adjusted EBITDA between $47-57 million.
Target Hospitality (NASDAQ: TH), a leading provider of modular accommodations and hospitality services in North America, has scheduled its first quarter 2025 earnings release for Monday, May 19, 2025. The financial results will be released before market opening, followed by a conference call at 9:00 AM ET (8:00 AM CT) to discuss the results.
Investors can access the conference call through various channels, including a live webcast on Target Hospitality's website investor section. Traditional dial-in options are available with the domestic line at 1-800-836-8184. Participants are advised to join approximately 15 minutes before the scheduled start time. A replay of the conference call will be made available through the company's investor relations website.
Target Hospitality (NASDAQ: TH), a leading North American provider of modular accommodations and hospitality services, has announced its participation in the Oppenheimer 20th Annual Industrial Growth Conference on May 7, 2025. The company will present at 3:00 PM Eastern Time (2:00 PM Central Time). The presentation will be accessible via webcast through Target Hospitality's website's Investors section, with a replay available for a limited time.
Target Hospitality (NASDAQ: TH) reported its 2024 financial results, showing revenue of $386.3 million and net income of $71.4 million. The company achieved an Adjusted EBITDA of $196.7 million and generated approximately $152 million in operating cash flow.
Key financial highlights include:
- Basic and diluted earnings per share of $0.71 and $0.70
- Total available liquidity of $366 million with zero net debt
- Executed $33.4 million in stock repurchases
- Redeemed all outstanding 10.75% Senior Secured Notes
The company secured two significant contracts: a multi-year Workforce Hub Contract expected to generate $140 million through 2027, and a 5-year $246 million Dilley Contract supporting U.S. government initiatives. For 2025, Target projects revenue between $265-285 million and Adjusted EBITDA between $47-57 million.
Target Hospitality (NASDAQ: TH), a leading North American provider of modular accommodations and hospitality services, has scheduled its Fourth Quarter and Full Year 2024 earnings release for March 26, 2025, before market opening.
The company will host a conference call on the same day at 9:00 AM Eastern Time (8:00 AM Central Time) to discuss the results. Investors can access the call through direct phone dial or join via webcast through the Investors section of Target Hospitality's website. A replay of the conference call will be made available through the company's investor relations webpage.
Target Hospitality (NASDAQ: TH) subsidiary Arrow Bidco announced the redemption of all outstanding 10.75% senior secured notes due 2025, totaling $181.4 million. The redemption is scheduled for March 25, 2025, with noteholders receiving a redemption price of 101.000% of the principal amount plus accrued and unpaid interest.
Investors holding beneficial interests in the 2025 Notes should contact their bank or broker for information about obtaining the redemption payment.
Target Hospitality (Nasdaq: TH) has secured a new five-year lease and services agreement with CoreCivic to reactivate its Dilley, Texas facility. The contract, running through March 2030, is expected to generate over $246 million in revenue, with approximately $30 million anticipated in 2025.
The Dilley Facility, previously operated as the South Texas Family Residential Center from 2014 to 2024, will maintain similar facility size and operational scope, supporting up to 2,400 individuals. The reactivation requires no capital investment and includes fixed minimum revenue regardless of occupancy.
The agreement is supported by an amended intergovernmental services agreement between the city of Dilley and U.S. Immigration and Customs Enforcement (ICE), subject to annual government appropriations with a 60-day cancellation notice option.