Q3 EPS Estimates for Ross Stores Lowered by Zacks Research

Key Points

• Zacks Research has revised its Q3 2026 earnings per share (EPS) estimates for Ross Stores, lowering the forecast from $1.45 to $1.37.
• The consensus estimate for Ross Stores' full-year earnings is now $6.17 per share, with Q4 2026 EPS estimated at $1.74.
• Ross Stores has recently announced a quarterly dividend of $0.405 per share, with a payout ratio of 25.71% and an annualized yield of 1.1%.

Ross Stores, Inc. (NASDAQ:ROST - Free Report) - Stock analysts at Zacks Research dropped their Q3 2026 EPS estimates for shares of Ross Stores in a note issued to investors on Friday, September 19th. Zacks Research analyst Team now anticipates that the apparel retailer will post earnings per share of $1.37 for the quarter, down from their prior estimate of $1.45. The consensus estimate for Ross Stores' current full-year earnings is $6.17 per share. Zacks Research also issued estimates for Ross Stores' Q4 2026 earnings at $1.74 EPS, FY2026 earnings at $6.15 EPS, Q1 2027 earnings at $1.62 EPS, Q3 2027 earnings at $1.58 EPS, Q4 2027 earnings at $1.89 EPS, FY2027 earnings at $6.82 EPS, Q1 2028 earnings at $1.74 EPS, Q2 2028 earnings at $1.90 EPS and FY2028 earnings at $7.38 EPS.

Ross Stores (NASDAQ:ROST - Get Free Report) last announced its quarterly earnings results on Thursday, August 21st. The apparel retailer reported $1.56 EPS for the quarter, beating the consensus estimate of $1.54 by $0.02. Ross Stores had a return on equity of 37.37% and a net margin of 9.60%.The business had revenue of $5.53 billion for the quarter, compared to analyst estimates of $5.54 billion. During the same quarter in the previous year, the firm earned $1.59 EPS. Ross Stores's quarterly revenue was up 4.6% on a year-over-year basis.

A number of other equities research analysts have also recently issued reports on the stock. Telsey Advisory Group reiterated a "market perform" rating and set a $160.00 target price (up previously from $150.00) on shares of Ross Stores in a research report on Monday, August 18th. Cowen reiterated a "buy" rating on shares of Ross Stores in a research note on Friday, August 22nd. Barclays lifted their target price on shares of Ross Stores from $156.00 to $164.00 and gave the company an "overweight" rating in a research note on Friday, August 22nd. Morgan Stanley boosted their price objective on Ross Stores from $128.00 to $130.00 and gave the stock an "equal weight" rating in a research note on Friday, August 22nd. Finally, JPMorgan Chase & Co. raised their target price on Ross Stores from $156.00 to $160.00 and gave the company an "overweight" rating in a research note on Friday, August 22nd. Twelve research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat, Ross Stores has an average rating of "Moderate Buy" and an average target price of $160.67.

Ross Stores Price Performance

Shares of ROST traded down $1.51 during trading hours on Monday, hitting $144.67. The stock had a trading volume of 3,294,346 shares, compared to its average volume of 2,464,647. The stock has a market capitalization of $47.05 billion, a price-to-earnings ratio of 23.20, a P/E/G ratio of 2.81 and a beta of 1.15. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.58 and a quick ratio of 0.98. The company's fifty day moving average is $143.84 and its two-hundred day moving average is $138.51. Ross Stores has a 52 week low of $122.36 and a 52 week high of $158.69.

Ross Stores Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 9th will be paid a dividend of $0.405 per share. This represents a $1.62 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Tuesday, September 9th. Ross Stores's dividend payout ratio is 25.71%.

Insider Activity

In other news, CMO Karen Sykes sold 4,000 shares of the company's stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $151.76, for a total transaction of $607,040.00. Following the transaction, the chief marketing officer owned 106,413 shares of the company's stock, valued at $16,149,236.88. This represents a 3.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 2.20% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. ICW Investment Advisors LLC lifted its stake in Ross Stores by 0.4% in the first quarter. ICW Investment Advisors LLC now owns 18,458 shares of the apparel retailer's stock valued at $2,359,000 after buying an additional 67 shares during the period. CreativeOne Wealth LLC lifted its stake in Ross Stores by 3.8% in the 1st quarter. CreativeOne Wealth LLC now owns 1,932 shares of the apparel retailer's stock valued at $247,000 after acquiring an additional 70 shares in the last quarter. Golden State Wealth Management LLC lifted its stake in Ross Stores by 50.7% in the 1st quarter. Golden State Wealth Management LLC now owns 217 shares of the apparel retailer's stock valued at $28,000 after acquiring an additional 73 shares in the last quarter. Forum Financial Management LP lifted its stake in Ross Stores by 5.3% in the 4th quarter. Forum Financial Management LP now owns 1,474 shares of the apparel retailer's stock valued at $223,000 after acquiring an additional 74 shares in the last quarter. Finally, First Horizon Advisors Inc. lifted its stake in Ross Stores by 6.1% in the 1st quarter. First Horizon Advisors Inc. now owns 1,280 shares of the apparel retailer's stock valued at $164,000 after acquiring an additional 74 shares in the last quarter. Institutional investors and hedge funds own 86.86% of the company's stock.

About Ross Stores

Ross Stores, Inc, together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd's DISCOUNTS brand names in the United States. Its stores primarily offer apparel, accessories, footwear, and home fashions. The company's Ross Dress for Less stores sell its products at department and specialty stores to middle income households; and dd's DISCOUNTS stores sell its products at department and discount stores for households with moderate income.