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S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
10 Best Airline Stocks to Buy
Graphite Shortage Could Derail the $7 Trillion EV Transition (Ad)
Stock market today: Wall Street listless early ahead of new labor market data
What is a Growth Stock Mutual Fund?
Graphite Shortage Could Derail the $7 Trillion EV Transition (Ad)
Ollie’s Bargain Outlet Goes On Sale 
Will MicroVision Maintain Its Momentum After the Short Squeeze?
Graphite Shortage Could Derail the $7 Trillion EV Transition (Ad)
Campbell Soup Company Leads Staples Stocks Into The Buy Zone
Apple Partnership Strengthens Unity Software's Investment Appeal
S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
10 Best Airline Stocks to Buy
Graphite Shortage Could Derail the $7 Trillion EV Transition (Ad)
Stock market today: Wall Street listless early ahead of new labor market data
What is a Growth Stock Mutual Fund?
Graphite Shortage Could Derail the $7 Trillion EV Transition (Ad)
Ollie’s Bargain Outlet Goes On Sale 
Will MicroVision Maintain Its Momentum After the Short Squeeze?
Graphite Shortage Could Derail the $7 Trillion EV Transition (Ad)
Campbell Soup Company Leads Staples Stocks Into The Buy Zone
Apple Partnership Strengthens Unity Software's Investment Appeal
S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
10 Best Airline Stocks to Buy
Graphite Shortage Could Derail the $7 Trillion EV Transition (Ad)
Stock market today: Wall Street listless early ahead of new labor market data
What is a Growth Stock Mutual Fund?
Graphite Shortage Could Derail the $7 Trillion EV Transition (Ad)
Ollie’s Bargain Outlet Goes On Sale 
Will MicroVision Maintain Its Momentum After the Short Squeeze?
Graphite Shortage Could Derail the $7 Trillion EV Transition (Ad)
Campbell Soup Company Leads Staples Stocks Into The Buy Zone
Apple Partnership Strengthens Unity Software's Investment Appeal
NASDAQ:ROST

Ross Stores (ROST) Stock Forecast, Price & News

$101.99
-1.68 (-1.62%)
(As of 06/7/2023 ET)
Compare
Today's Range
$101.53
$104.09
50-Day Range
$100.90
$108.63
52-Week Range
$69.24
$122.44
Volume
2.55 million shs
Average Volume
2.69 million shs
Market Capitalization
$34.89 billion
P/E Ratio
22.61
Dividend Yield
1.31%
Price Target
$117.76

Ross Stores MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.79 Rating Score
Upside/​Downside
15.5% Upside
$117.76 Price Target
Short Interest
Healthy
1.73% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.57
Upright™ Environmental Score
News Sentiment
0.09mentions of Ross Stores in the last 14 days
Based on 20 Articles This Week
Insider Trading
Selling Shares
$5.93 M Sold Last Quarter
Proj. Earnings Growth
9.98%
From $4.91 to $5.40 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.45 out of 5 stars

Retail/Wholesale Sector

62nd out of 203 stocks

Family Clothing Stores Industry

2nd out of 11 stocks


ROST stock logo

About Ross Stores (NASDAQ:ROST) Stock

Ross Stores, Inc. engages in the operation of off-price retail apparel and home accessories stores. Its products include branded and designer apparel, accessories, footwear, and home fashions through the Dress for Less and dd's DISCOUNTS brands. The company was founded by Stuart G. Moldaw in 1957 and is headquartered in Dublin, CA.

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ROST Stock News Headlines

Hunting For A Deal? Ross Stores May Just Be It (ROST)
Ross Stores reported its first quarter 2023 earnings results, sending the stock higher. These metrics indicate there is further upside to be had in the stock
Graphite Shortage Could Derail the $7 Trillion EV Transition
Graphite (not lithium) is expected to see the largest increase in demand of all battery metals over the next decade. But projections warn of an 8 million ton shortfall of graphite by 2040. That's why 97 more graphite mines are needed just to keep up with battery production for the $7 trillion transition to electric vehicles.
Ross Stores (NASDAQ:ROST) Lowered to Hold at StockNews.com
Graphite Shortage Could Derail the $7 Trillion EV Transition
Graphite (not lithium) is expected to see the largest increase in demand of all battery metals over the next decade. But projections warn of an 8 million ton shortfall of graphite by 2040. That's why 97 more graphite mines are needed just to keep up with battery production for the $7 trillion transition to electric vehicles.
Ross Stores (NASDAQ:ROST) Updates Q2 2023 Earnings Guidance
Ross Stores (NASDAQ:ROST) Upgraded by StockNews.com to Buy
Ross Stores (NASDAQ:ROST) Price Target Cut to $125.00
Ross Stores (NASDAQ:ROST) Price Target Raised to $78.00
Ross Stores (NASDAQ:ROST) Releases FY24 Earnings Guidance
See More Headlines

ROST Price History

ROST Company Calendar

Ex-Dividend for 3/31 Dividend
3/13/2023
Dividend Payable
3/31/2023
Last Earnings
5/18/2023
Ex-Dividend for 6/30 Dividend
6/05/2023
Today
6/07/2023
Dividend Payable
6/30/2023
Next Earnings (Estimated)
8/17/2023
Fiscal Year End
1/31/2024

Industry, Sector and Symbol

Industry
Family clothing stores
Sub-Industry
Apparel Retail
Current Symbol
NASDAQ:ROST
CUSIP
77829610
Employees
101,000
Year Founded
1982

Price Target and Rating

Average Stock Price Forecast
$117.76
High Stock Price Forecast
$135.00
Low Stock Price Forecast
$70.00
Forecasted Upside/Downside
+15.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.79
Research Coverage
14 Analysts

Profitability

Net Income
$1.51 billion
Pretax Margin
10.74%

Debt

Sales & Book Value

Annual Sales
$18.70 billion
Cash Flow
$5.48 per share
Book Value
$12.60 per share

Miscellaneous

Free Float
335,211,000
Market Cap
$34.89 billion
Optionable
Optionable
Beta
0.98

Social Links


Key Executives

  • Barbara RentlerBarbara Rentler
    Vice Chairman & Chief Executive Officer
  • Michael J. Hartshorn
    Group President, COO & Director
  • Michael K. KobayashiMichael K. Kobayashi
    President & Chief Capability Officer
  • Adam M. Orvos
    Chief Financial Officer & Executive Vice President
  • Jeffrey Burrill
    Chief Accounting Officer, Senior VP & Controller













ROST Stock - Frequently Asked Questions

Should I buy or sell Ross Stores stock right now?

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ross Stores in the last year. There are currently 1 sell rating, 1 hold rating and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ROST shares.
View ROST analyst ratings
or view top-rated stocks.

What is Ross Stores' stock price forecast for 2023?

14 brokerages have issued 1 year target prices for Ross Stores' stock. Their ROST share price forecasts range from $70.00 to $135.00. On average, they anticipate the company's share price to reach $117.76 in the next twelve months. This suggests a possible upside of 15.5% from the stock's current price.
View analysts price targets for ROST
or view top-rated stocks among Wall Street analysts.

How have ROST shares performed in 2023?

Ross Stores' stock was trading at $116.07 at the beginning of 2023. Since then, ROST stock has decreased by 12.1% and is now trading at $101.99.
View the best growth stocks for 2023 here
.

When is Ross Stores' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 17th 2023.
View our ROST earnings forecast
.

How were Ross Stores' earnings last quarter?

Ross Stores, Inc. (NASDAQ:ROST) announced its earnings results on Thursday, May, 18th. The apparel retailer reported $1.09 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.03. The apparel retailer earned $4.49 billion during the quarter, compared to analysts' expectations of $4.48 billion. Ross Stores had a trailing twelve-month return on equity of 36.62% and a net margin of 8.19%. The company's quarterly revenue was up 3.7% on a year-over-year basis. During the same quarter last year, the business posted $0.97 EPS.
Read the conference call transcript
.

How often does Ross Stores pay dividends? What is the dividend yield for Ross Stores?

Ross Stores declared a quarterly dividend on Wednesday, May 17th. Investors of record on Tuesday, June 6th will be paid a dividend of $0.335 per share on Friday, June 30th. This represents a $1.34 annualized dividend and a dividend yield of 1.31%. The ex-dividend date of this dividend is Monday, June 5th.
Read our dividend analysis for ROST
.

Is Ross Stores a good dividend stock?

Ross Stores (NASDAQ:ROST) pays an annual dividend of $1.34 per share and currently has a dividend yield of 1.30%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 29.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ROST will have a dividend payout ratio of 24.81% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ROST.

How will Ross Stores' stock buyback program work?

Ross Stores declared that its Board of Directors has initiated a stock buyback plan on Tuesday, March 1st 2022, which allows the company to repurchase $1,900,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 6% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's leadership believes its shares are undervalued.

What guidance has Ross Stores issued on next quarter's earnings?

Ross Stores updated its second quarter 2023 earnings guidance on Friday, May, 26th. The company provided earnings per share (EPS) guidance of $1.07-$1.14 for the period, compared to the consensus EPS estimate of $1.25. The company issued revenue guidance of -.

What is Barbara Rentler's approval rating as Ross Stores' CEO?

1,341 employees have rated Ross Stores Chief Executive Officer Barbara Rentler on Glassdoor.com. Barbara Rentler has an approval rating of 67% among the company's employees.

What other stocks do shareholders of Ross Stores own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ross Stores investors own include Walt Disney (DIS), NVIDIA (NVDA), Home Depot (HD), Intel (INTC), Johnson & Johnson (JNJ), Visa (V), Cisco Systems (CSCO), Starbucks (SBUX), Alibaba Group (BABA) and Walmart (WMT).

What is Ross Stores' stock symbol?

Ross Stores trades on the NASDAQ under the ticker symbol "ROST."

Who are Ross Stores' major shareholders?

Ross Stores' stock is owned by many different retail and institutional investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (12.02%), BlackRock Inc. (7.80%), State Street Corp (4.21%), FMR LLC (3.31%), Geode Capital Management LLC (2.15%) and JPMorgan Chase & Co. (1.76%). Insiders that own company stock include Barbara Rentler, Brian R Morrow, Brian R Morrow, George Orban, Jeffrey P Burrill, Michael Balmuth, Michael J Bush, Michael J Hartshorn, Michael K Kobayashi, Michael K Kobayashi and Travis Marquette.
View institutional ownership trends
.

How do I buy shares of Ross Stores?

Shares of ROST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Ross Stores' stock price today?

One share of ROST stock can currently be purchased for approximately $101.99.

How much money does Ross Stores make?

Ross Stores (NASDAQ:ROST) has a market capitalization of $34.89 billion and generates $18.70 billion in revenue each year. The apparel retailer earns $1.51 billion in net income (profit) each year or $4.51 on an earnings per share basis.

How many employees does Ross Stores have?

The company employs 101,000 workers across the globe.

Does Ross Stores have any subsidiaries?
The following companies are subsidiares of Ross Stores: Retail Assurance Group Inc., Ross Distribution Company LLC, Ross Dress For Less Inc., Ross Merchandising Inc., and Ross Procurement Inc..
Read More
How can I contact Ross Stores?

Ross Stores' mailing address is 5130 HACIENDA DRIVE, DUBLIN CA, 94568. The official website for the company is www.rossstores.com. The apparel retailer can be reached via phone at (925) 965-4400, via email at investor.relations1@ros.com, or via fax at 925-965-4181.

This page (NASDAQ:ROST) was last updated on 6/8/2023 by MarketBeat.com Staff

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