NASDAQ:ROST - Ross Stores Stock Price, Forecast & News

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

Ross Stores declared a quarterly dividend on Wednesday, November 20th. Investors of record on Friday, December 6th will be given a dividend of $0.255 per share on Tuesday, December 31st. This represents a $1.02 dividend on an annualized basis and a yield of 0.90%. The ex-dividend date of this dividend is Thursday, December 5th. View Ross Stores' Dividend History.

Ross Stores declared that its Board of Directors has initiated a share repurchase program on Tuesday, March 5th 2019, which authorizes the company to buyback $2,550,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 7.3% of its shares through open market purchases. Shares buyback programs are often a sign that the company's management believes its shares are undervalued.

Ross Stores, Inc. (NASDAQ:ROST) posted its earnings results on Thursday, November, 21st. The apparel retailer reported $1.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.97 by $0.06. The apparel retailer had revenue of $3.85 billion for the quarter, compared to analysts' expectations of $3.77 billion. Ross Stores had a return on equity of 49.88% and a net margin of 10.47%. Ross Stores's revenue for the quarter was up 8.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.91 EPS. View Ross Stores' Earnings History.

Ross Stores is scheduled to release their next quarterly earnings announcement on Tuesday, March 3rd 2020. View Earnings Estimates for Ross Stores.

Ross Stores issued an update on its fourth quarter 2019 After-Hours earnings guidance on Monday, November, 25th. The company provided EPS guidance of $$1.20-1.25 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $$1.24.

19 brokerages have issued 1-year price targets for Ross Stores' shares. Their forecasts range from $91.00 to $130.00. On average, they expect Ross Stores' share price to reach $115.11 in the next twelve months. This suggests a possible upside of 1.0% from the stock's current price. View Analyst Price Targets for Ross Stores.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ross Stores in the last year. There are currently 1 sell rating, 6 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ross Stores.

News coverage about ROST stock has been trending very negative recently, InfoTrie reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Ross Stores earned a news impact score of -3.0 on InfoTrie's scale. They also gave news articles about the apparel retailer a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for Ross Stores.

Ross Stores saw a drop in short interest in the month of November. As of November 15th, there was short interest totalling 3,590,000 shares, a drop of 18.4% from the October 31st total of 4,400,000 shares. Based on an average daily trading volume, of 1,860,000 shares, the short-interest ratio is currently 1.9 days. Currently, 1.0% of the company's stock are sold short. View Ross Stores' Current Options Chain.

Some companies that are related to Ross Stores include TJX Companies (TJX), GAP (GPS), Foot Locker (FL), American Eagle Outfitters (AEO), Urban Outfitters (URBN), Buckle (BKE), Guess? (GES), Designer Brands (DBI), Childrens Place (PLCE), Abercrombie & Fitch (ANF), Caleres (CAL), Zumiez (ZUMZ), Genesco (GCO), Shoe Carnival (SCVL) and Chico's FAS (CHS).

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

Ross Stores' stock is owned by many different of retail and institutional investors. Top institutional investors include State Street Corp (4.77%), Massachusetts Financial Services Co. MA (1.72%), California Public Employees Retirement System (0.71%), Voya Investment Management LLC (0.55%), Coho Partners Ltd. (0.49%) and Parametric Portfolio Associates LLC (0.45%). Company insiders that own Ross Stores stock include Barbara Rentler, Bernard G Brautigan, Brian R Morrow, George Orban, James S Fassio, Lisa R Panattoni, Michael Balmuth, Michael J Bush, Michael J Hartshorn, Norman A Ferber and Sharon D Garrett. View Institutional Ownership Trends for Ross Stores.

ROST stock was sold by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Boston Partners, State Street Corp, SG Americas Securities LLC, Robeco Institutional Asset Management B.V., Teacher Retirement System of Texas, Scout Investments Inc. and State of Alaska Department of Revenue. Company insiders that have sold Ross Stores company stock in the last year include Barbara Rentler, Bernard G Brautigan, George Orban, James S Fassio, Michael Balmuth and Michael J Hartshorn. View Insider Buying and Selling for Ross Stores.

ROST stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., State of New Jersey Common Pension Fund D, Point72 Asset Management L.P., LGT Capital Partners LTD., Massachusetts Financial Services Co. MA, Squarepoint Ops LLC, WBI Investments Inc. and Meeder Asset Management Inc.. View Insider Buying and Selling for Ross Stores.

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

One share of ROST stock can currently be purchased for approximately $113.91.

Ross Stores has a market capitalization of $41.20 billion and generates $14.98 billion in revenue each year. The apparel retailer earns $1.59 billion in net income (profit) each year or $4.26 on an earnings per share basis. Ross Stores employs 88,100 workers across the globe.View Additional Information About Ross Stores.

The official website for Ross Stores is http://www.rossstores.com/.

Ross Stores' mailing address is 5130 HACIENDA DRIVE, DUBLIN CA, 94568. The apparel retailer can be reached via phone at 925-965-4400 or via email at [email protected]