Ross Stores Stock Forecast, Price & News

Ross Stores' stock was trading at $98.65 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ROST stock has increased by 15.1% and is now trading at $113.54.
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23 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ross Stores in the last twelve months. There are currently 4 hold ratings and 19 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Ross Stores stock.
View analyst ratings for Ross Stores or view MarketBeat's top 5 stock picks.

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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.

Ross Stores is scheduled to release its next quarterly earnings announcement on Tuesday, March 2nd 2021.
View our earnings forecast for Ross Stores.

Ross Stores, Inc. (NASDAQ:ROST) posted its earnings results on Wednesday, November, 18th. The apparel retailer reported $1.02 EPS for the quarter, topping the Zacks' consensus estimate of $0.61 by $0.41. The apparel retailer earned $3.75 billion during the quarter, compared to analysts' expectations of $3.46 billion. Ross Stores had a trailing twelve-month return on equity of 22.57% and a net margin of 2.39%. During the same period last year, the company earned $1.03 earnings per share.
View Ross Stores' earnings history.

Ross Stores declared a quarterly dividend on Tuesday, March 3rd. Stockholders of record on Tuesday, March 17th will be given a dividend of $0.285 per share on Tuesday, March 31st. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date is Monday, March 16th. This is an increase from Ross Stores's previous quarterly dividend of $0.26.
View Ross Stores' dividend history.

Ross Stores declared that its Board of Directors has initiated a stock repurchase plan on Tuesday, March 5th 2019, which allows the company to buyback $2,550,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 7.3% of its stock through open market purchases. Stock buyback plans are often a sign that the company's management believes its shares are undervalued.

23 brokers have issued 1-year target prices for Ross Stores' shares. Their forecasts range from $80.00 to $132.00. On average, they expect Ross Stores' stock price to reach $113.09 in the next year. This suggests that the stock has a possible downside of 0.4%.
View analysts' price targets for Ross Stores or view Wall Street analyst' top-rated stocks.

Ross Stores saw a drop in short interest during the month of December. As of December 31st, there was short interest totaling 3,490,000 shares, a drop of 34.5% from the December 15th total of 5,330,000 shares. Based on an average daily volume of 2,140,000 shares, the days-to-cover ratio is presently 1.6 days. Currently, 1.0% of the company's shares are short sold.
View Ross Stores' Short Interest.

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), The Buckle (BKE), Guess' (GES), Abercrombie & Fitch (ANF), Zumiez (ZUMZ), The Children's Place (PLCE), Designer Brands (DBI), Caleres (CAL), Shoe Carnival (SCVL), Genesco (GCO) and Citi Trends (CTRN).
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 a variety of institutional and retail investors. Top institutional investors include Alecta Pensionsforsakring Omsesidigt (1.16%), Frontier Capital Management Co. LLC (0.26%), LGT Capital Partners LTD. (0.20%), Boston Trust Walden Corp (0.18%), New York State Teachers Retirement System (0.12%) and Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (0.05%). Company insiders that own Ross Stores stock include Barbara Rentler, Bernard G Brautigan, George Orban, James S Fassio, Michael Balmuth and Michael J Hartshorn.
View institutional ownership trends for Ross Stores.

ROST stock was sold by a variety of institutional investors in the last quarter, including Huntington National Bank, Strs Ohio, State of Alaska Department of Revenue, LGT Capital Partners LTD., New York State Teachers Retirement System, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA, Pacer Advisors Inc., and Boston Trust Walden Corp.
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 Frontier Capital Management Co. LLC, Alecta Pensionsforsakring Omsesidigt, Louisiana State Employees Retirement System, Farmers & Merchants Investments Inc., Kestra Advisory Services LLC, IFM Investors Pty Ltd, DNB Asset Management AS, and Park Avenue Securities 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.

One share of ROST stock can currently be purchased for approximately $113.54.

Ross Stores has a market capitalization of $40.47 billion and generates $16.04 billion in revenue each year. The apparel retailer earns $1.66 billion in net income (profit) each year or $4.58 on an earnings per share basis. Ross Stores employs 92,500 workers across the globe.

The official website for Ross Stores is 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]