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. Stockholders 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 annualized dividend and a dividend yield of 0.88%. The ex-dividend date of this dividend is Thursday, December 5th. View Ross Stores' Dividend History.

Ross Stores announced that its board has approved a stock buyback plan on Tuesday, March 5th 2019, which authorizes the company to buyback $2,550,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 7.3% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's leadership believes its stock is undervalued.

Ross Stores, Inc. (NASDAQ:ROST) issued its earnings results on Thursday, November, 21st. The apparel retailer reported $1.03 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.97 by $0.06. The apparel retailer had revenue of $3.85 billion for the quarter, compared to the consensus estimate 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 was up 8.4% on a year-over-year basis. During the same period in the previous year, the business posted $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 EPS guidance of $$1.20-1.25 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $$1.24.

20 Wall Street analysts have issued 12-month price objectives for Ross Stores' stock. Their forecasts range from $91.00 to $145.00. On average, they anticipate Ross Stores' share price to reach $116.05 in the next year. This suggests a possible upside of 0.3% from the stock's current price. View Analyst Price Targets for Ross Stores.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ross Stores in the last year. There are currently 2 sell ratings, 7 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ross Stores.

Media stories about ROST stock have trended somewhat negative this week, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Ross Stores earned a news impact score of -1.4 on InfoTrie's scale. They also gave press coverage about the apparel retailer a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Ross Stores.

Ross Stores saw a increase in short interest in 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 volume of 1,690,000 shares, the short-interest ratio is currently 2.6 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), Designer Brands (DBI), Abercrombie & Fitch (ANF), 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), 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 a variety of of retail and institutional investors. Top institutional shareholders include Fenimore Asset Management Inc. (0.45%), Boston Trust Walden Corp (0.22%), New York State Teachers Retirement System (0.14%), LGT Capital Partners LTD. (0.12%), Hexavest Inc. (0.12%) and PGGM Investments (0.11%). 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, Strs Ohio, Nisa Investment Advisors LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Tuttle Tactical Management, TIAA FSB and LGT Capital Partners LTD.. 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., AdvisorShares Investments LLC, Campbell & CO Investment Adviser LLC, Sanders Morris Harris LLC, Advisors Preferred LLC and Belmont Capital 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 $115.76.

Ross Stores has a market capitalization of $41.54 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]