Ross Stores (ROST) Stock Forecast, Price & News

Ross Stores (NASDAQ:ROST) Frequently Asked Questions

Is Ross Stores a buy right now?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ross Stores in the last year. There are currently 5 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Ross Stores stock.
View analyst ratings for Ross Stores or view top-rated stocks.

Are investors shorting Ross Stores?

Ross Stores saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 4,460,000 shares, a decline of 23.0% from the April 30th total of 5,790,000 shares. Based on an average daily volume of 3,820,000 shares, the days-to-cover ratio is currently 1.2 days. Currently, 1.3% of the shares of the company are sold short.
View Ross Stores' Short Interest.

When is Ross Stores' next earnings date?

Ross Stores is scheduled to release its next quarterly earnings announcement on Thursday, August 18th 2022.
View our earnings forecast for Ross Stores.

How were Ross Stores' earnings last quarter?

Ross Stores, Inc. (NASDAQ:ROST) issued its quarterly earnings data on Thursday, May, 19th. The apparel retailer reported $0.97 earnings per share for the quarter, missing analysts' consensus estimates of $1.00 by $0.03. The apparel retailer earned $4.33 billion during the quarter, compared to analyst estimates of $4.54 billion. Ross Stores had a net margin of 8.46% and a trailing twelve-month return on equity of 39.79%. The firm's revenue for the quarter was down 4.1% on a year-over-year basis. During the same quarter last year, the business posted $1.34 EPS.
View Ross Stores' earnings history.

How often does Ross Stores pay dividends? What is the dividend yield for Ross Stores?

Ross Stores declared a quarterly dividend on Wednesday, May 18th. Investors of record on Tuesday, June 7th will be given a dividend of $0.31 per share on Thursday, June 30th. This represents a $1.24 annualized dividend and a yield of 1.42%. The ex-dividend date is Monday, June 6th.
View Ross Stores' dividend history.

Is Ross Stores a good dividend stock?

Ross Stores pays an annual dividend of $1.24 per share and currently has a dividend yield of 1.43%. Ross Stores does not yet have a strong track record of dividend growth. The dividend payout ratio of Ross Stores is 27.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Ross Stores will have a dividend payout ratio of 22.02% next year. This indicates that Ross Stores will be able to sustain or increase its dividend.
View Ross Stores' dividend history.

How will Ross Stores' stock buyback program work?

Ross Stores announced that its Board of Directors has authorized a stock repurchase plan on Tuesday, March 1st 2022, which authorizes the company to repurchase $1,900,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 6% of its stock through open market purchases. Stock repurchase plans are often an indication that the company's board of directors believes its stock is undervalued.

What guidance has Ross Stores issued on next quarter's earnings?

Ross Stores issued an update on its second quarter 2022 earnings guidance on Thursday, May, 26th. The company provided EPS guidance of $0.99-$1.07 for the period, compared to the consensus EPS estimate of $1.33. The company issued revenue guidance of -.

What price target have analysts set for ROST?

16 equities research analysts have issued 12 month price targets for Ross Stores' stock. Their forecasts range from $80.00 to $129.00. On average, they anticipate Ross Stores' share price to reach $102.73 in the next twelve months. This suggests a possible upside of 17.7% from the stock's current price.
View analysts' price targets for Ross Stores or view top-rated stocks among Wall Street analysts.

Who are Ross Stores' key executives?

Ross Stores' management team includes the following people:

• Ms. Barbara Rentler, Vice Chairman & CEO (Age 65, Pay $6.19M)
• Mr. Michael K. Kobayashi, Pres & Chief Capability Officer (Age 58, Pay $3.09M) (LinkedIn Profile)
• Mr. Michael J. Hartshorn, Group Pres, COO & Director (Age 54)
• Mr. Adam M. Orvos, Exec. VP & CFO (Age 57, Pay $2.46M)
• Mr. Norman A. Ferber, Sr. Advisor (Age 73, Pay $2.24M)
• Mr. Michael Balmuth, Sr. Advisor (Age 71, Pay $7.04M) (LinkedIn Profile)
• Mr. Brian R. Morrow, Pres & Chief Merchandising Officer of dd's DISCOUNTS (Age 62, Pay $3.05M) (LinkedIn Profile)
• Connie Kao, Group VP of Investor & Media Relations
• Mr. Ken Jew, Group Sr. VP, Gen. Counsel & Corp. Sec.
• Mr. Ken Caruana, Exec. VP of Strategy, Marketing & HR

What is Barbara Rentler's approval rating as Ross Stores' CEO?

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.

Who are some of Ross Stores' key competitors?

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), Guess' (GES), Designer Brands (DBI), Abercrombie & Fitch (ANF), Caleres (CAL), Shoe Carnival (SCVL), Genesco (GCO), Zumiez (ZUMZ), Children's Place (PLCE) and Chico's FAS (CHS).
View all of ROST's competitors.

What other stocks do shareholders of Ross Stores own?

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

What is Ross Stores' stock symbol?

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

Who are Ross Stores' major shareholders?

Ross Stores' stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.24%), Vanguard Group Inc. (7.83%), State Street Corp (4.66%), Primecap Management Co. CA (3.23%), Massachusetts Financial Services Co. MA (1.88%) and JPMorgan Chase & Co. (1.48%). Company insiders that own Ross Stores stock include Barbara Rentler, Brian R Morrow, Brian R Morrow, George Orban, Michael Balmuth, Michael J Hartshorn, Michael K Kobayashi, Michael K Kobayashi and Travis Marquette.
View institutional ownership trends for Ross Stores.

Which major investors are selling Ross Stores stock?

ROST stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Lazard Asset Management LLC, Findlay Park Partners LLP, Clearbridge Investments LLC, State Street Corp, Twin Tree Management LP, Jennison Associates LLC, and CI Investments Inc.. Company insiders that have sold Ross Stores company stock in the last year include Michael Balmuth, and Michael K Kobayashi.
View insider buying and selling activity for Ross Stores or view top insider-selling stocks.

Which major investors are buying Ross Stores stock?

ROST stock was acquired by a variety of institutional investors in the last quarter, including BlueSpruce Investments LP, Massachusetts Financial Services Co. MA, Victory Capital Management Inc., BlackRock Inc., Dimensional Fund Advisors LP, Boston Partners, Candlestick Capital Management LP, and Alyeska Investment Group L.P..
View insider buying and selling activity for Ross Stores or or view top insider-buying stocks.

How do I buy shares of 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Ross Stores' stock price today?

One share of ROST stock can currently be purchased for approximately $87.31.

How much money does Ross Stores make?

Ross Stores has a market capitalization of $30.68 billion and generates $18.92 billion in revenue each year. The apparel retailer earns $1.72 billion in net income (profit) each year or $4.489990 on an earnings per share basis.

How many employees does Ross Stores have?

Ross Stores employs 100,000 workers across the globe.

Does Ross Stores have any subsidiaries?

The following companies are subsidiares of Ross Stores: Retail Assurance Group Inc., Ross Distribution Company LLC, Ross Dress For Less Inc., Ross Merchandising Inc., and Ross Procurement Inc..

When was Ross Stores founded?

Ross Stores was founded in 1982.

What is Ross Stores' official website?

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

How can I contact Ross Stores?

Ross Stores' mailing address is 5130 HACIENDA DRIVE, DUBLIN CA, 94568. The apparel retailer can be reached via phone at (925) 965-4400, via email at [email protected], or via fax at 925-965-4181.