Ross Stores Stock Forecast, Price & News

Ross Stores' stock was trading at $98.65 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ROST shares have increased by 9.4% and is now trading at $107.89.
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23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ross Stores in the last year. There are currently 4 hold ratings and 19 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Ross Stores stock.
View analyst ratings for Ross Stores or view MarketBeat's top 5 stock picks.

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1,341 employees have rated Ross Stores CEO Barbara Rentler on Glassdoor.com. Barbara Rentler has an approval rating of 67% among Ross Stores' employees.

Ross Stores is scheduled to release its next quarterly earnings announcement on Tuesday, March 2nd 2021.
View our earnings forecast for Ross Stores.

Ross Stores, Inc. (NASDAQ:ROST) issued its quarterly earnings results on Wednesday, November, 18th. The apparel retailer reported $1.02 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.61 by $0.41. The apparel retailer had revenue of $3.75 billion for the quarter, compared to analysts' expectations of $3.46 billion. Ross Stores had a trailing twelve-month return on equity of 22.57% and a net margin of 2.39%. During the same quarter last year, the business earned $1.03 EPS.
View Ross Stores' earnings history.

Ross Stores announced a quarterly dividend on Tuesday, March 3rd. Shareholders of record on Tuesday, March 17th will be paid a dividend of $0.285 per share on Tuesday, March 31st. This represents a $1.14 annualized dividend and a dividend yield of 1.06%. The ex-dividend date of this dividend is Monday, March 16th. This is an increase from Ross Stores's previous quarterly dividend of $0.26.
View Ross Stores' dividend history.

Ross Stores announced that its board has approved a stock repurchase plan on Tuesday, March 5th 2019, which authorizes the company to buyback $2,550,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 7.3% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's management believes its shares are undervalued.

23 brokerages have issued 12-month price objectives for Ross Stores' shares. Their forecasts range from $80.00 to $132.00. On average, they expect Ross Stores' stock price to reach $113.09 in the next year. This suggests a possible upside of 4.8% from the stock's current price.
View analysts' price targets for Ross Stores or view Wall Street analyst' top-rated stocks.

Ross Stores saw a drop in short interest during the month of December. As of December 31st, there was short interest totaling 3,490,000 shares, a drop of 34.5% from the December 15th total of 5,330,000 shares. Based on an average trading volume of 2,140,000 shares, the short-interest ratio is currently 1.6 days. Currently, 1.0% of the company's stock are short sold.
View Ross Stores' Short Interest.

Some companies that are related to Ross Stores include The TJX Companies (TJX), The Gap (GPS), Foot Locker (FL), American Eagle Outfitters (AEO), Urban Outfitters (URBN), The Buckle (BKE), Guess' (GES), Abercrombie & Fitch (ANF), Zumiez (ZUMZ), The Children's Place (PLCE), Designer Brands (DBI), Shoe Carnival (SCVL), Express (EXPR), Citi Trends (CTRN) and Genesco (GCO).
View all of ROST's competitors.

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

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

Ross Stores' stock is owned by many different institutional and retail investors. Top institutional shareholders include Alecta Pensionsforsakring Omsesidigt (1.16%), Coho Partners Ltd. (0.70%), Frontier Capital Management Co. LLC (0.26%), LGT Capital Partners LTD. (0.20%), Boston Trust Walden Corp (0.18%) and New York State Teachers Retirement System (0.12%). Company insiders that own Ross Stores stock include Barbara Rentler, Bernard G Brautigan, George Orban, James S Fassio, Michael Balmuth and Michael J Hartshorn.
View institutional ownership trends for Ross Stores.

ROST stock was sold by a variety of institutional investors in the last quarter, including Huntington National Bank, Mechanics Bank Trust Department, Strs Ohio, State of Alaska Department of Revenue, LGT Capital Partners LTD., New York State Teachers Retirement System, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA, and Pacer Advisors Inc..
View insider buying and selling activity for Ross Stores or view top insider-selling stocks.

ROST stock was purchased by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Coho Partners Ltd., Alecta Pensionsforsakring Omsesidigt, Zweig DiMenna Associates LLC, Louisiana State Employees Retirement System, MU Investments Co. Ltd., Farmers & Merchants Investments Inc., and Kestra Advisory Services LLC.
View insider buying and selling activity for Ross Stores or or view top insider-buying stocks.

Shares of ROST 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.

One share of ROST stock can currently be purchased for approximately $107.89.

Ross Stores has a market capitalization of $38.46 billion and generates $16.04 billion in revenue each year. The apparel retailer earns $1.66 billion in net income (profit) each year or $4.58 on an earnings per share basis. Ross Stores employs 92,500 workers across the globe.

The official website for Ross Stores is 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]