Ross Stores Stock Forecast, Price & News

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ross Stores in the last year. There are currently 2 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Ross Stores stock.
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Ross Stores saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 4,040,000 shares, an increase of 19.9% from the June 15th total of 3,370,000 shares. Based on an average daily volume of 1,990,000 shares, the short-interest ratio is currently 2.0 days. Currently, 1.2% of the company's shares are short sold.
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Ross Stores is scheduled to release its next quarterly earnings announcement on Thursday, August 19th 2021.
View our earnings forecast for Ross Stores.

Ross Stores, Inc. (NASDAQ:ROST) issued its earnings results on Wednesday, May, 19th. The apparel retailer reported $1.34 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.90 by $0.44. The apparel retailer earned $4.52 billion during the quarter, compared to analysts' expectations of $3.80 billion. Ross Stores had a net margin of 5.71% and a trailing twelve-month return on equity of 32.44%. Ross Stores's revenue was up 145.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.29) earnings per share.
View Ross Stores' earnings history.

Ross Stores' stock was trading at $98.65 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ROST shares have increased by 21.8% and is now trading at $120.12.
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Ross Stores declared a quarterly dividend on Wednesday, May 19th. Shareholders of record on Tuesday, June 8th will be given a dividend of $0.285 per share on Wednesday, June 30th. This represents a $1.14 annualized dividend and a yield of 0.95%. The ex-dividend date of this dividend is Monday, June 7th.
View Ross Stores' dividend history.

Ross Stores pays an annual dividend of $1.14 per share and currently has a dividend yield of 0.93%. Ross Stores has been increasing its dividend for 27 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Ross Stores is 97.44%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Ross Stores will have a dividend payout ratio of 21.55% next year. This indicates that Ross Stores will be able to sustain or increase its dividend.
View Ross Stores' dividend history.

Ross Stores declared that its board has initiated a share repurchase program on Thursday, May 20th 2021, which allows the company to repurchase $1,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 3.4% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board of directors believes its shares are undervalued.

Ross Stores issued an update on its FY 2021 earnings guidance on Tuesday, June, 15th. The company provided EPS guidance of $3.930-4.200 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.220. The company issued revenue guidance of -.

17 brokers have issued 12 month price objectives for Ross Stores' stock. Their forecasts range from $93.00 to $147.00. On average, they expect Ross Stores' stock price to reach $131.43 in the next twelve months. This suggests a possible upside of 9.4% from the stock's current price.
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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.

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), Abercrombie & Fitch (ANF), The Buckle (BKE), Guess? (GES), The Children's Place (PLCE), Zumiez (ZUMZ), Designer Brands (DBI), Shoe Carnival (SCVL), Caleres (CAL), Genesco (GCO) and Chico's FAS (CHS).
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 retail and institutional investors. Top institutional investors include Victory Capital Management Inc. (1.20%), Alliancebernstein L.P. (0.53%), Sumitomo Mitsui Trust Holdings Inc. (0.31%), New York State Common Retirement Fund (0.27%), Boston Trust Walden Corp (0.21%) and Envestnet Asset Management Inc. (0.14%). Company insiders that own Ross Stores stock include Barbara Rentler, Brian R Morrow, Brian R Morrow, George Orban, George Orban, James S Fassio, Michael Balmuth, Michael J Hartshorn, Michael K Kobayashi, Michael K Kobayashi and Travis Marquette.
View institutional ownership trends for Ross Stores.

ROST stock was sold by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Unigestion Holding SA, Ampfield Management L.P., Kornitzer Capital Management Inc. KS, Sumitomo Mitsui Trust Holdings Inc., Schwab Charitable Fund, QV Investors Inc., and Huntington National Bank. Company insiders that have sold Ross Stores company stock in the last year include Barbara Rentler, Brian R Morrow, George Orban, Michael Balmuth, Michael J Hartshorn, Michael K Kobayashi, and Travis Marquette.
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 New York State Common Retirement Fund, Victory Capital Management Inc., Boston Trust Walden Corp, Envestnet Asset Management Inc., Flossbach Von Storch AG, Rheos Capital Works Inc., Handelsbanken Fonder AB, and Distillate Capital Partners 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.
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One share of ROST stock can currently be purchased for approximately $120.12.

Ross Stores has a market capitalization of $42.90 billion and generates $12.53 billion in revenue each year. The apparel retailer earns $85.38 million in net income (profit) each year or $1.17 on an earnings per share basis.

Ross Stores employs 93,700 workers across the globe.

Ross Stores was founded in 1982.

The official website for Ross Stores is www.rossstores.com.

Ross Stores is headquartered at 5130 HACIENDA DRIVE, DUBLIN CA, 94568.

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]