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. Shareholders 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 of Directors has authorized a share buyback plan on Tuesday, March 5th 2019, which permits the company to repurchase $2,550,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 7.3% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's management believes its shares are undervalued.

Ross Stores, Inc. (NASDAQ:ROST) issued its earnings results on Thursday, November, 21st. The apparel retailer reported $1.03 earnings per share for the quarter, beating analysts' consensus estimates of $0.97 by $0.06. The apparel retailer earned $3.85 billion during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period in the previous year, the business earned $0.91 EPS. 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 issued an update on its fourth quarter 2019 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share (EPS) guidance of $$1.20-1.25 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $$1.24.

19 analysts have issued 1 year price targets 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.

News articles about ROST stock have trended somewhat negative on Saturday, InfoTrie reports. The research firm identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Ross Stores earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave media headlines about the apparel retailer a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Ross Stores.

Ross Stores saw a increase in short interest in the month of 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 daily volume of 1,730,000 shares, the short-interest ratio is presently 2.5 days. Approximately 1.2% of the shares of the company 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), Starbucks (SBUX), NVIDIA (NVDA), Walt Disney (DIS), Visa (V), UnitedHealth Group (UNH), Mastercard (MA), Intel (INTC), Johnson & Johnson (JNJ) and Cisco Systems (CSCO).

Ross Stores' stock is owned by many different of retail and institutional 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 purchased 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]