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

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

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

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

Ross Stores, Inc. (NASDAQ:ROST) issued its quarterly earnings data on Thursday, November, 21st. The apparel retailer reported $1.03 earnings per share for the quarter, topping the Zacks' consensus estimate 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 net margin of 10.47% and a return on equity of 49.88%. The company's quarterly revenue was up 8.4% on a year-over-year basis. During the same period last year, the firm 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 updated its fourth quarter 2019 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share guidance of $$1.20-1.25 for the period, compared to the Thomson Reuters consensus EPS estimate of $$1.24.

19 brokers have issued 12-month target prices for Ross Stores' stock. Their forecasts range from $91.00 to $145.00. On average, they anticipate Ross Stores' stock price to reach $116.63 in the next twelve months. This suggests that the stock has a possible downside of 0.9%. 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, 7 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ross Stores.

Media stories about ROST stock have been trending very negative recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public 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 -3.8 on InfoTrie's scale. They also gave media coverage about the apparel retailer a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Ross Stores.

Ross Stores saw a increase in short interest in December. As of December 31st, there was short interest totalling 4,350,000 shares, an increase of 9.8% from the December 15th total of 3,960,000 shares. Based on an average trading volume of 1,730,000 shares, the short-interest ratio is presently 2.5 days. Currently, 1.2% 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), Urban Outfitters (URBN), American Eagle Outfitters (AEO), Guess? (GES), Buckle (BKE), Abercrombie & Fitch (ANF), Designer Brands (DBI), Childrens Place (PLCE), Zumiez (ZUMZ), Caleres (CAL), 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), Walt Disney (DIS), Visa (V), UnitedHealth Group (UNH), Mastercard (MA), Intel (INTC), Johnson & Johnson (JNJ) and Alibaba Group (BABA).

Ross Stores' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Fenimore Asset Management Inc. (0.45%), Boston Trust Walden Corp (0.22%), LGT Capital Partners LTD. (0.12%), Hexavest Inc. (0.12%), PGGM Investments (0.11%) and Hahn Capital Management LLC (0.09%). 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 Assenagon Asset Management S.A., PGGM Investments, Nisa Investment Advisors LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Tuttle Tactical Management, TIAA FSB, LGT Capital Partners LTD. and Hexavest Inc.. 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 bought by a variety of institutional investors in the last quarter, including Commerzbank Aktiengesellschaft FI, Huntington National Bank, Fenimore Asset Management Inc., Sanders Morris Harris LLC, Belmont Capital LLC, IFP Advisors Inc, DNB Asset Management AS and Archford Capital Strategies LLC. 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 $117.68.

Ross Stores has a market capitalization of $42.23 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]