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 paid 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 0.87%. The ex-dividend date of this dividend is Thursday, December 5th. View Ross Stores' Dividend History.

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

Ross Stores, Inc. (NASDAQ:ROST) posted its quarterly earnings results on Thursday, November, 21st. The apparel retailer reported $1.03 EPS for the quarter, topping analysts' consensus estimates of $0.97 by $0.06. The apparel retailer earned $3.85 billion during 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%. The business's revenue for the quarter was up 8.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.91 earnings per share. 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 will be holding an earnings conference call on Tuesday, March 3rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

22 Wall Street analysts have issued 1 year target prices for Ross Stores' shares. Their forecasts range from $91.00 to $145.00. On average, they expect Ross Stores' stock price to reach $119.27 in the next year. This suggests a possible upside of 2.2% from the stock's current price. View Analyst Price Targets for Ross Stores.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ross Stores in the last year. There are currently 2 sell ratings, 8 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ross Stores.

News coverage about ROST stock has trended somewhat positive recently, InfoTrie Sentiment reports. The research firm scores the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Ross Stores earned a media sentiment score of 1.2 on InfoTrie's scale. They also gave news coverage about the apparel retailer a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Ross Stores.

Ross Stores saw a increase in short interest in the month of January. As of January 15th, there was short interest totalling 4,350,000 shares, an increase of 9.8% from the December 31st total of 3,960,000 shares. Based on an average daily trading volume, of 1,690,000 shares, the days-to-cover ratio is currently 2.6 days. Currently, 1.2% of the shares of the stock are short sold. View Ross Stores' Current Options Chain.

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

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

Ross Stores' stock is owned by many different of retail and institutional investors. Top institutional investors include FMR LLC (5.87%), State Street Corp (4.73%), Capital International Investors (2.88%), Massachusetts Financial Services Co. MA (1.67%), Geode Capital Management LLC (1.43%) and Franklin Resources Inc. (1.40%). 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 Renaissance Technologies LLC, Assenagon Asset Management S.A., Jennison Associates LLC, PGGM Investments, State Street Corp, Massachusetts Financial Services Co. MA, Janus Henderson Group PLC and Alliancebernstein L.P.. 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 purchased by a variety of institutional investors in the last quarter, including Amundi Pioneer Asset Management Inc., Madison Asset Management LLC, Bank of America Corp DE, Man Group plc, Lord Abbett & CO. LLC, AQR Capital Management LLC, Teacher Retirement System of Texas and Beacon Investment Advisory Services 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 $116.75.

Ross Stores has a market capitalization of $41.90 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]