NASDAQ:ROSTRoss Stores Stock Price, Forecast & News

Ross Stores' stock was trading at $98.65 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ROST shares have decreased by 10.2% and is now trading at $88.58. View which stocks have been most impacted by Coronavirus.

26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ross Stores in the last year. There are currently 1 sell rating, 7 hold ratings and 18 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Ross Stores.

Ross Stores is scheduled to release its next quarterly earnings announcement on Thursday, August 27th 2020. View our earnings forecast for Ross Stores.

Ross Stores, Inc. (NASDAQ:ROST) announced its quarterly earnings results on Thursday, May, 21st. The apparel retailer reported ($0.87) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.01) by $0.86. The apparel retailer earned $1.84 billion during the quarter, compared to analyst estimates of $2.04 billion. Ross Stores had a return on equity of 35.71% and a net margin of 6.63%. Ross Stores's revenue for the quarter was down 51.4% on a year-over-year basis. During the same period last year, the firm posted $1.15 earnings per share. View Ross Stores' earnings history.

Ross Stores declared a quarterly dividend on Tuesday, March 3rd. Investors of record on Tuesday, March 17th will be given a dividend of $0.285 per share on Tuesday, March 31st. This represents a $1.14 dividend on an annualized basis and a yield of 1.29%. The ex-dividend date of this dividend 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 of Directors has approved a share repurchase program 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 reacquire up to 7.3% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's management believes its shares are undervalued.

26 brokerages have issued 12 month price targets for Ross Stores' stock. Their forecasts range from $80.00 to $145.00. On average, they expect Ross Stores' share price to reach $108.85 in the next twelve months. This suggests a possible upside of 22.9% from the stock's current price. View analysts' price targets for Ross Stores.

Media coverage about ROST stock has been trending negative this week, InfoTrie reports. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Ross Stores earned a coverage optimism score of -2.1 on InfoTrie's scale. They also assigned press coverage about the apparel retailer a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news about Ross Stores.

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), Zumiez (ZUMZ), Guess? (GES), Abercrombie & Fitch (ANF), Childrens Place (PLCE), Designer Brands (DBI), Shoe Carnival (SCVL), Caleres (CAL), Genesco (GCO) and Citi Trends (CTRN). View all competitors.

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

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

Ross Stores' stock is owned by a number of retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.03%), Bath Savings Trust Co (0.00%), HNP Capital LLC (0.00%) and Thomasville National Bank (0.00%). Company insiders that own Ross Stores stock include Barbara Rentler, Bernard G Brautigan, George Orban, James S Fassio, Michael Balmuth, Michael J Hartshorn and Norman A Ferber. View institutional ownership trends for Ross Stores.

ROST stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Bath Savings Trust Co, and Thomasville National Bank. Company insiders that have sold Ross Stores company stock in the last year include Barbara Rentler, George Orban, and James S Fassio. View insider buying and selling activity for Ross Stores.

ROST stock was purchased by a variety of institutional investors in the last quarter, including HNP Capital LLC. View insider buying and selling activity 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 $88.58.

Ross Stores has a market capitalization of $31.53 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]