Ross Stores Stock Forecast, Price & News

17 Wall Street equities 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 equities research analysts is that investors should "buy" Ross Stores stock.
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Wall Street analysts have given Ross Stores a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Ross Stores wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Ross Stores saw a increase in short interest in 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. Approximately 1.2% of the shares of the stock 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) posted its quarterly earnings results on Wednesday, May, 19th. The apparel retailer reported $1.34 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.90 by $0.44. The apparel retailer earned $4.52 billion during the quarter, compared to the consensus estimate of $3.80 billion. Ross Stores had a trailing twelve-month return on equity of 32.44% and a net margin of 5.71%. Ross Stores's quarterly revenue was up 145.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.29) EPS.
View Ross Stores' earnings history.

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 (WHO). Since then, ROST shares have increased by 24.1% and is now trading at $122.39.
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Ross Stores announced 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 0.93%. 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 0.94%. 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 authorized a share repurchase program on Thursday, May 20th 2021, which authorizes the company to buyback $1,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 3.4% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board believes its stock is undervalued.

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

17 analysts have issued twelve-month price objectives for Ross Stores' shares. Their forecasts range from $93.00 to $147.00. On average, they anticipate Ross Stores' share price to reach $131.43 in the next twelve months. This suggests a possible upside of 7.4% 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), Caleres (CAL), Shoe Carnival (SCVL), 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 institutional and retail investors. Top institutional investors include Bristol John W & Co. Inc. NY (0.13%), Rheos Capital Works Inc. (0.03%), State of Alaska Department of Revenue (0.02%), IFM Investors Pty Ltd (0.01%), Cypress Capital Group (0.01%) and Kwmg LLC (0.01%). 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 Compagnie Lombard Odier SCmA, Raymond James Trust N.A., Bristol John W & Co. Inc. NY, State of Alaska Department of Revenue, Archford Capital Strategies LLC, TIAA FSB, Cypress Capital Group, and Taylor Cottrill Erickson & Associates Inc.. 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 bought by a variety of institutional investors in the last quarter, including Rheos Capital Works Inc., IFM Investors Pty Ltd, Harel Insurance Investments & Financial Services Ltd., New Mexico Educational Retirement Board, Kwmg LLC, and Oregon Public Employees Retirement Fund.
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 $122.39.

Ross Stores has a market capitalization of $43.71 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]