Ross Stores Stock Forecast, Price & News

Ross Stores' stock was trading at $98.65 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ROST shares have increased by 16.6% and is now trading at $115.06.
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24 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ross Stores in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 19 buy ratings for the stock. The consensus among Wall Street research 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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1,428 employees have rated Ross Stores CEO Doug Parker on Glassdoor.com. Doug Parker has an approval rating of 59% among Ross Stores' employees. This puts Doug Parker in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

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) announced its quarterly earnings results on Wednesday, November, 18th. The apparel retailer reported $1.02 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.61 by $0.41. The apparel retailer earned $3.75 billion during the quarter, compared to the consensus estimate of $3.46 billion. Ross Stores had a net margin of 2.39% and a return on equity of 22.57%. During the same quarter last year, the company posted $1.03 earnings per share.
View Ross Stores' earnings history.

Ross Stores declared 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 dividend on an annualized basis and a dividend yield of 0.99%. The ex-dividend date is Monday, March 16th. This is a boost from Ross Stores's previous quarterly dividend of $0.26.
View Ross Stores' dividend history.

Ross Stores declared that its board has initiated a share repurchase plan on Tuesday, March 5th 2019, which permits the company to buyback $2,550,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy up to 7.3% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's management believes its stock is undervalued.

24 brokers have issued 1-year price targets for Ross Stores' stock. Their forecasts range from $80.00 to $132.00. On average, they expect Ross Stores' stock price to reach $112.48 in the next year. This suggests that the stock has a possible downside of 2.2%.
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Ross Stores saw a decrease in short interest in the month of December. As of December 31st, there was short interest totaling 3,490,000 shares, a decrease 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 days-to-cover ratio is presently 1.6 days. Currently, 1.0% of the shares of the 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), Caleres (CAL), Citi Trends (CTRN), Shoe Carnival (SCVL) 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 Frontier Capital Management Co. LLC (0.26%), LGT Capital Partners LTD. (0.20%), Boston Trust Walden Corp (0.18%), Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (0.05%), Farmers & Merchants Investments Inc. (0.03%) and State of Alaska Department of Revenue (0.02%). 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, State of Alaska Department of Revenue, LGT Capital Partners LTD., Loring Wolcott & Coolidge Fiduciary Advisors LLP MA, Pacer Advisors Inc., Boston Trust Walden Corp, Crossmark Global Holdings Inc., and Welch & Forbes LLC.
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ROST stock was purchased by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Louisiana State Employees Retirement System, Farmers & Merchants Investments Inc., Kestra Advisory Services LLC, IFM Investors Pty Ltd, DNB Asset Management AS, Park Avenue Securities LLC, and Xcel Wealth Management 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 $115.06.

Ross Stores has a market capitalization of $41.01 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]