Should I buy or sell TJX Companies stock right now?

18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TJX Companies in the last year. There are currently 2 hold ratings and 16 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" TJX shares. View TJX analyst ratings or view top-rated stocks .

What is TJX Companies' stock price target for 2024?

18 brokers have issued 12-month price objectives for TJX Companies' stock. Their TJX share price targets range from $92.00 to $134.00. On average, they predict the company's stock price to reach $110.37 in the next twelve months. This suggests a possible upside of 2.7% from the stock's current price. View analysts price targets for TJX or view top-rated stocks among Wall Street analysts .

How have TJX shares performed in 2024?

TJX Companies' stock was trading at $93.81 on January 1st, 2024. Since then, TJX shares have increased by 14.6% and is now trading at $107.49. View the best growth stocks for 2024 here .

Are investors shorting TJX Companies?

TJX Companies saw a increase in short interest in the month of May. As of May 31st, there was short interest totaling 15,520,000 shares, an increase of 23.4% from the May 15th total of 12,580,000 shares. Based on an average trading volume of 5,950,000 shares, the short-interest ratio is currently 2.6 days. Approximately 1.4% of the company's stock are sold short. View TJX Companies' Short Interest .

When is TJX Companies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 21st 2024. View our TJX earnings forecast .

How were TJX Companies' earnings last quarter?

The TJX Companies, Inc. (NYSE:TJX) issued its quarterly earnings data on Wednesday, May, 22nd. The apparel and home fashions retailer reported $0.93 EPS for the quarter, topping the consensus estimate of $0.87 by $0.06. The apparel and home fashions retailer had revenue of $12.48 billion for the quarter, compared to the consensus estimate of $12.48 billion. TJX Companies had a net margin of 8.47% and a trailing twelve-month return on equity of 64.26%. The company's quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.76 earnings per share. Read the conference call transcript .

How often does TJX Companies pay dividends? What is the dividend yield for TJX Companies?

TJX Companies announced a quarterly dividend on Tuesday, June 4th. Shareholders of record on Thursday, August 15th will be given a dividend of $0.375 per share on Thursday, September 5th. This represents a $1.50 dividend on an annualized basis and a yield of 1.40%. The ex-dividend date is Thursday, August 15th. Read our dividend analysis for TJX .

Is TJX Companies a good dividend stock?

TJX Companies (NYSE:TJX) pays an annual dividend of $1.50 per share and currently has a dividend yield of 1.40%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 37.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TJX will have a dividend payout ratio of 33.33% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for TJX .

What ETFs hold TJX Companies' stock?

ETFs with the largest weight of TJX Companies (NYSE:TJX) stock in their portfolio include VanEck Retail ETF (RTH) , Segall Bryant & Hamill Select Equity ETF (USSE) , WBI BullBear Yield 3000 ETF (WBIG) , iShares U.S. Consumer Focused ETF (IEDI) , WBI BullBear Quality 3000 ETF (WBIL) , Consumer Discretionary Select Sector SPDR Fund (XLY) , Amplify YieldShares CWP Dividend & Option Income ETF (DIVO) and BlackRock Future U.S. Themes ETF (BTHM) .

When did TJX Companies' stock split?

Shares of TJX Companies split on Monday, November 5th 2018. The 2-1 split was announced on Monday, September 17th 2018. The newly issued shares were issued to shareholders after the market closes on Tuesday, November 6th 2018. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

How will TJX Companies' stock buyback program work?

TJX Companies declared that its Board of Directors has approved a stock buyback plan on Wednesday, February 28th 2024, which permits the company to repurchase $2,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 2.2% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's board believes its shares are undervalued.

What guidance has TJX Companies issued on next quarter's earnings?

TJX Companies issued an update on its second quarter 2025 earnings guidance on Wednesday, May, 22nd. The company provided EPS guidance of 0.880-0.900 for the period, compared to the consensus estimate of 0.940. The company issued revenue guidance of -.

What is Ernie Herrman's approval rating as TJX Companies' CEO?

238 employees have rated TJX Companies Chief Executive Officer Ernie Herrman on Glassdoor.com . Ernie Herrman has an approval rating of 92% among the company's employees. This puts Ernie Herrman in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of TJX Companies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other TJX Companies investors own include NVIDIA (NVDA) , Walt Disney (DIS) , Johnson & Johnson (JNJ) , AbbVie (ABBV) , Starbucks (SBUX) , Home Depot (HD) , Visa (V) , Bank of America (BAC) , Alibaba Group (BABA) and Salesforce (CRM) .

Who are TJX Companies' major shareholders?

TJX Companies' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.60%), Bank of New York Mellon Corp (1.90%), Capital International Investors (1.18%), Janus Henderson Group PLC (1.17%), Price T Rowe Associates Inc. MD (1.09%) and Jennison Associates LLC (0.83%). Insiders that own company stock include Amy B Lane , Carol Meyrowitz , Ernie Herrman , Kenneth Canestrari , Louise Greenlees , Richard Sherr and Scott Goldenberg . View institutional ownership trends .

How do I buy shares of TJX Companies?

Shares of TJX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does TJX Companies have any subsidiaries?

The following companies are subsidiares of TJX Companies: AJW South Bend Realty Corp., Arizona Merchants Inc., Bob's Stores, Concord Buying Group, Derailed, Fashion Factory Outlets (Trade Secret) Pty Limited, H. G. Conn. Merchants, H.G. AZ Merchants, H.G. Brownsburg Realty Corp., H.G. Conn. Merchants, H.G. Conn. Realty Corp., H.G. Georgia Merchants, H.G. Indiana Distributors, HomeGoods, HomeGoods Georgia, HomeGoods Imports Corp, HomeGoods Imports Corp., Jusy Meazza Buying Company S.r.L., Marmaxx Operating Corp., Marshalls, Marshalls Atlanta Merchants, Marshalls Bridgewater Merchant, Marshalls Bridgewater Merchants, Marshalls Woburn Merchants, Marshalls of Beacon, Marshalls of Beacon VA, Marshalls of CA, Marshalls of Elizabeth, Marshalls of Elizabeth NJ, Marshalls of Glen Burnie, Marshalls of Glen Burnie MD, Marshalls of IL, Marshalls of MA, Marshalls of Matteson, Marshalls of Matteson IL, Marshalls of Nevada, Marshalls of Richfield, Marshalls of Richfield MN, NBC Apparel, NBC Apparel LLC, NBC Atlantic Holding Limited, NBC Atlantic Limited, NBC Attire, NBC Attire Inc., NBC Charlotte Merchants, NBC Distributors Inc., NBC Europe Limited, NBC Fashion India Private Limited, NBC Fifth Realty Corp., NBC First Realty Corp., NBC Fourth Realty Corp., NBC GP, NBC Holding, NBC Hong Kong Merchants Limited, NBC Manager, NBC Manteca Merchants, NBC Merchants, NBC Nevada Merchants, NBC Operating, NBC Philadelphia Merchants, NBC Pittston Merchants, NBC Second Realty Corp., NBC Seventh Realty Corp., NBC Sixth Realty Corp., NBC Trading, NBC Trust, New York Department Stores, New York Department Stores de Puerto Rico Inc., Newton Buying Company of CA, Newton Buying Corp, Newton Buying Corp., Newton Buying Imports, STP Retail, STP Technology Systems, Sierra Trading Post, Strathmex Corp., T.J. Maxx of CA, T.J. Maxx of IL, T.K. Maxx Holding GmbH, T.K. Maxx Management GmbH, TJX Australia Holding Company Pty Limited, TJX Australia Holding Company Pty Ltd., TJX Australia Merchants Pty Limited, TJX Australia Pty Limited, TJX Australia Pty Ltd., TJX Austria Holding GmbH, TJX Deutschland Ltd & Co. KG, TJX Deutschland Ltd & Co. KG, TJX Digital, TJX Digital Memphis Merchants, TJX Distribution Ltd. & Co. KG, TJX Europe Buying (Deutschland) Ltd, TJX Europe Buying (Polska) Ltd, TJX Europe Buying Group Limited, TJX Europe Buying Ltd, TJX Europe Limited, TJX European Distribution, TJX European Distribution Sp. Z o.o, TJX Germany Ltd., TJX Incentive Sales, TJX Ireland Unlimited Company, TJX Nederland B.V., TJX Oesterreich Ltd. & Co. KG, TJX Poland, TJX Poland Sp. Z o.o, TJX UK, TJX UK Property Limited, TJX Vietnam Company Limited, TK Maxx, Trade Secret, WMI-1 Holding Company, WMI-1 Holding Company, WMI-99 Holding Company, WMI-99 Holding Company, Wagon Wheel Realty, Winners Merchants International, and Winners Merchants International L.P.. Read More

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NYSE:TJX

TJX Companies (TJX) Stock Price, News & Analysis

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$108.06

+0.97 (+0.91%)

(As of 02:31 PM ET)

Compare

Today's Range: $106.89
▼
$108.06
50-Day Range: $92.66
▼
$107.79
52-Week Range: $79.63
▼
$108.58

Volume: 1.96 million shs
Average Volume: 5.49 million shs
Market Capitalization: $122.12 billion

P/E Ratio: 26.81
Dividend Yield: 1.39%
Price Target: $110.37

Get TJX Companies alerts:

TJX Companies MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.89 Rating Score
Upside/Downside: 2.7% Upside
$110.37 Price Target
Short Interest: Healthy
1.37% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -1.95
Upright™ Environmental Score
News Sentiment: 0.86
Based on 17 Articles This Week
Insider Trading: Selling Shares
$7.04 M Sold Last Quarter
Proj. Earnings Growth: 10.02%
From $4.09 to $4.50 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.35 out of 5 stars

Retail/Wholesale Sector

42nd out of 195 stocks

Family Clothing Stores Industry

2nd out of 11 stocks

2.4

Analyst's Opinion

Consensus Rating
TJX Companies has received a consensus rating of Moderate Buy. The company's average rating score is 2.89, and is based on 16 buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
TJX Companies has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.
Read more about TJX Companies' stock forecast and price target.

3.0

Short Interest

Percentage of Shares Shorted
1.37% of the float of TJX Companies has been sold short.
Short Interest Ratio / Days to Cover
TJX Companies has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in TJX Companies has recently increased by 23.37%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
TJX Companies pays a meaningful dividend of 1.40%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
TJX Companies has only been increasing its dividend for 4 years.
Dividend Coverage
The dividend payout ratio of TJX Companies is 37.22%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, TJX Companies will have a dividend payout ratio of 33.33% next year. This indicates that TJX Companies will be able to sustain or increase its dividend.
Read more about TJX Companies' dividend.

2.2

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
TJX Companies has received a 4.45% net impact score from Upright. TJX companies seems to create the most significant positive value in categories "Jobs", "Taxes", and "Meaning & joy". The positive contribution in the "Meaning & joy" impact category is mostly driven by its "Physical retail of clothing at a discount store", "Physical retail of shoes at a discount store", and "Physical retail of household textiles at a furniture store" products. See details.
Environmental Sustainability
The Environmental Impact score for TJX Companies is -1.95.

3.8

News and Social Media Coverage

News Sentiment
TJX Companies has a news sentiment score of 0.86. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.73 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 17 news articles for TJX Companies this week, compared to 14 articles on an average week.
Search Interest
91 people have searched for TJX on MarketBeat in the last 30 days. This is an increase of 203% compared to the previous 30 days.
MarketBeat Follows
24 people have added TJX Companies to their MarketBeat watchlist in the last 30 days. This is an increase of 41% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, TJX Companies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $7,040,541.00 in company stock.
Percentage Held by Insiders
Only 0.13% of the stock of TJX Companies is held by insiders.
Percentage Held by Institutions
91.09% of the stock of TJX Companies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Read more about TJX Companies' insider trading history.

1.9

Earnings and Valuation

Earnings Growth
Earnings for TJX Companies are expected to grow by 10.02% in the coming year, from $4.09 to $4.50 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of TJX Companies is 26.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.85.
Price to Earnings Ratio vs. Sector
The P/E ratio of TJX Companies is 26.67, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 26.12.
Price to Earnings Growth Ratio
TJX Companies has a PEG Ratio of 2.87. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
TJX Companies has a P/B Ratio of 16.19. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
Read more about TJX Companies' valuation and earnings.

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About TJX Companies Stock (NYSE:TJX)

The TJX Companies, Inc., together with its subsidiaries, operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, and gourmet food departments; jewelry and accessories; and other merchandise. It offers its products through stores and e-commerce sites. The TJX Companies, Inc. was incorporated in 1962 and is headquartered in Framingham, Massachusetts.

TJX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

TJX Stock News Headlines

June 5, 2024 | marketbeat.com

Ollie’s Bargain Outlet Stock Won’t be a Bargain Much Longer (TJX)

Ollie's Bargain Outlet had a solid quarter and raised guidance, leading the market to advance by 10%, and the rally has legs. Higher prices are coming.

June 4, 2024 | marketbeat.com

Kohl’s EPS Results Disappoint, Impacting Investor Confidence (TJX)

Department store operator Kohl’s Co. (NYSE: KSS) shocked investors by reporting a loss of 24 cents versus expectations of a profit of 5 cents in Q1

May 30, 2024 | insidertrades.com

Insider Selling: The TJX Companies, Inc. (NYSE:TJX) Director Sells 1,500 Shares of Stock

May 30, 2024 | insidertrades.com

Insider Selling: The TJX Companies, Inc. (NYSE:TJX) EVP Sells 8,171 Shares of Stock

May 30, 2024 | marketbeat.com

Dick’s Sporting Goods is a Winner for Income Investors (TJX)

Dick's Sporting Goods is a winner for income investors because of growth, value, cash flow, balance sheet, and capital returns.

May 29, 2024 | insidertrades.com

Insider Selling: The TJX Companies, Inc. (NYSE:TJX) EVP Sells 20,332 Shares of Stock

May 28, 2024 | marketbeat.com

Ross Stores: Buy Off-Price Retail While It’s Still a Bargain (TJX)

Ross Stores is well-positioned for the retail environment; it generates solid cash flow, has a fortress balance sheet, pays a reliable dividend, and buys stock.

May 22, 2024 | marketbeat.com

TJX Companies Can Hit New Highs; Double-Digit Upside to Follow

TJX Companies NYSE: TJX industry-leading position in off-price retail and quality operations will soon lead its stock price to new heights. Like Walmart NYSE: WMT, TJX Companies benefits from the high inflation and interest rate environment because shoppers are still flush but turning more to value and opportunity than ever before.

May 22, 2024 | marketbeat.com

TJX Companies Can Hit New Highs; Double-Digit Upside to Follow

TJX Companies position as the leader in off-price retail has it set up to outperform in 2024 and drive shareholder value with dividends and repurchases.

June 12 at 1:32 AM | americanbankingnews.com

TJX Companies Sees Unusually High Options Volume (NYSE:TJX)

June 11 at 6:15 AM | investorplace.com

3 Stocks Over $100 You Should Buy Now: June 2024

June 9, 2024 | americanbankingnews.com

The TJX Companies, Inc. (NYSE:TJX) Receives Average Rating of "Moderate Buy" from Brokerages

June 7, 2024 | barrons.com

TJX Has Global Expansion Plans. The Stock Is Up.

June 7, 2024 | businesswire.com

The TJX Companies, Inc. Announces Plans for a Joint Venture in Mexico with Grupo Axo

June 6, 2024 | americanbankingnews.com

The TJX Companies, Inc. (TJX) To Go Ex-Dividend on August 15th

June 5, 2024 | americanbankingnews.com

TJX Companies Target of Unusually High Options Trading (NYSE:TJX)

June 5, 2024 | americanbankingnews.com

TJX Companies (NYSE:TJX) Sets New 1-Year High Following Analyst Upgrade

June 4, 2024 | gurufocus.com

Insider Sale: SEVP, CFO John Klinger Sells Shares of TJX Companies Inc (TJX)

June 4, 2024 | businesswire.com

The TJX Companies, Inc. Announces Quarterly Common Stock Dividend

June 4, 2024 | americanbankingnews.com

TJX Companies (NYSE:TJX) Price Target Raised to $116.00

May 29, 2024 | finance.yahoo.com

It's Unlikely That The TJX Companies, Inc.'s (NYSE:TJX) CEO Will See A Huge Pay Rise This Year

May 28, 2024 | nasdaq.com

Ross Stores Outperforms Q2 Expectations and Raises Guidance (TJX)

May 28, 2024 | gurufocus.com

Why Investors Are Eyeing TJX Companies Inc (TJX): The Key Drivers of Market Outperformance and ...

May 28, 2024 | seekingalpha.com

The TJX Companies Continues To Benefit From This Inflationary Environment

May 28, 2024 | fool.com

2 Discount Retailer Stocks That Could Make You a Millionaire

See More Headlines

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Company Calendar

Ex-Dividend for 6/6 Dividend: 5/15/2024
Last Earnings: 5/22/2024
Dividend Payable: 6/06/2024
Today: 6/13/2024
Next Earnings (Estimated): 8/21/2024
Fiscal Year End: 1/31/2025

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Retail/Wholesale
Industry: Family clothing stores
Sub-Industry: Apparel Retail
Current Symbol: NYSE:TJX
CUSIP: 87254010
CIK: 109198
Web: www.tjx.com
Phone: (508) 390-1000
Fax: 508-390-2828
Employees: 349,000
Year Founded: 1976

Price Target and Rating

Average Stock Price Target: $110.37
High Stock Price Target: $134.00
Low Stock Price Target: $92.00
Potential Upside/Downside: +2.8%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.89
Research Coverage: 18 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.03
Trailing P/E Ratio: 26.65
Forward P/E Ratio: 26.26
P/E Growth: 2.87
Net Income: $4.47 billion
Net Margins: 8.47%
Pretax Margin: 11.20%
Return on Equity: 64.26%
Return on Assets: 15.29%

Debt

Debt-to-Equity Ratio: 0.38
Current Ratio: 1.23
Quick Ratio: 0.61

Sales & Book Value

Annual Sales: $54.22 billion
Price / Sales: 2.24
Cash Flow: $4.81 per share
Price / Cash Flow: 22.31
Book Value: $6.64 per share
Price / Book: 16.18

Miscellaneous

Outstanding Shares: 1,130,150,000
Free Float: 1,128,680,000
Market Cap: $121.39 billion
Optionable: Optionable
Beta: 0.87

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Key Executives

Ms. Carol M. Meyrowitz (Age 70)
Executive Chairman
Comp: $5.15M
Mr. Ernie L. Herrman (Age 63)
CEO, President & Director
Comp: $10.33M
Mr. John Klinger (Age 59)
Senior Executive VP & CFO
Comp: $1.94M
Mr. Douglas W. Mizzi (Age 64)
Senior EVP & Group President
Comp: $3.38M
Mr. Bernard Cammarata (Age 84)
Founder & Executive Advisor
Comp: $541.93k
Jeff Botte
Vice President of Investor Relations
Alicia C. Kelly
Executive VP, Secretary & General Counsel
Debra McConnell
Senior Vice President of Global Communications
Mr. Kenneth Canestrari (Age 62)
Senior EVP & Group President
Comp: $3.1M
Ms. Louise Greenlees (Age 61)
Senior EVP & Group President

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

Should I Buy TJX Companies Stock? TJX Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in The TJX Companies, Inc.:

The TJX Companies, Inc. stock price has been steadily increasing, reaching $103.37 on the latest trading day, showing positive momentum.
The company has a strong current ratio of 1.23, indicating good liquidity to meet short-term obligations.
Analysts have given TJX Companies a consensus rating of "Moderate Buy" with a target price of $110.05, suggesting potential for growth.
Fiduciary Trust Co, a significant institutional investor, has increased its position in TJX Companies, indicating confidence in the company's performance.
Recent analyst reports have been positive, with price targets set above the current trading price, signaling optimism in the company's future prospects.

Cons

Investors should be bearish about investing in The TJX Companies, Inc. for these reasons:

The debt-to-equity ratio of TJX Companies is 0.38, which may indicate higher financial leverage and potential risk.
While the stock has shown growth, it also has a 1-year high of $104.98, suggesting potential near-term resistance at higher price levels.
Ownership by hedge funds and institutional investors at 91.09% may lead to higher volatility in the stock price due to large-scale trading activities.
Redburn Atlantic recently downgraded TJX Companies from a "buy" to a "neutral" rating, which could impact investor sentiment.
The quick ratio of TJX Companies is 0.61, indicating lower ability to cover immediate liabilities compared to the current ratio.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, June 11, 2024. Please send any questions or comments about these TJX Companies pros and cons to contact@marketbeat.com.

TJX Stock Analysis - Frequently Asked Questions

Should I buy or sell TJX Companies stock right now?: 18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TJX Companies in the last year. There are currently 2 hold ratings and 16 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" TJX shares.
View TJX analyst ratings or view top-rated stocks.
What is TJX Companies' stock price target for 2024?: 18 brokers have issued 12-month price objectives for TJX Companies' stock. Their TJX share price targets range from $92.00 to $134.00. On average, they predict the company's stock price to reach $110.37 in the next twelve months. This suggests a possible upside of 2.7% from the stock's current price.
View analysts price targets for TJX or view top-rated stocks among Wall Street analysts.
How have TJX shares performed in 2024?: TJX Companies' stock was trading at $93.81 on January 1st, 2024. Since then, TJX shares have increased by 14.6% and is now trading at $107.49.
View the best growth stocks for 2024 here.
Are investors shorting TJX Companies?: TJX Companies saw a increase in short interest in the month of May. As of May 31st, there was short interest totaling 15,520,000 shares, an increase of 23.4% from the May 15th total of 12,580,000 shares. Based on an average trading volume of 5,950,000 shares, the short-interest ratio is currently 2.6 days. Approximately 1.4% of the company's stock are sold short.
View TJX Companies' Short Interest.
When is TJX Companies' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 21st 2024.
View our TJX earnings forecast.
How were TJX Companies' earnings last quarter?: The TJX Companies, Inc. (NYSE:TJX) issued its quarterly earnings data on Wednesday, May, 22nd. The apparel and home fashions retailer reported $0.93 EPS for the quarter, topping the consensus estimate of $0.87 by $0.06. The apparel and home fashions retailer had revenue of $12.48 billion for the quarter, compared to the consensus estimate of $12.48 billion. TJX Companies had a net margin of 8.47% and a trailing twelve-month return on equity of 64.26%. The company's quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.76 earnings per share.
Read the conference call transcript.
How often does TJX Companies pay dividends? What is the dividend yield for TJX Companies?: TJX Companies announced a quarterly dividend on Tuesday, June 4th. Shareholders of record on Thursday, August 15th will be given a dividend of $0.375 per share on Thursday, September 5th. This represents a $1.50 dividend on an annualized basis and a yield of 1.40%. The ex-dividend date is Thursday, August 15th.
Read our dividend analysis for TJX.
Is TJX Companies a good dividend stock?: TJX Companies (NYSE:TJX) pays an annual dividend of $1.50 per share and currently has a dividend yield of 1.40%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 37.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TJX will have a dividend payout ratio of 33.33% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TJX.
What ETFs hold TJX Companies' stock?: ETFs with the largest weight of TJX Companies (NYSE:TJX) stock in their portfolio include VanEck Retail ETF (RTH), Segall Bryant & Hamill Select Equity ETF (USSE), WBI BullBear Yield 3000 ETF (WBIG), iShares U.S. Consumer Focused ETF (IEDI), WBI BullBear Quality 3000 ETF (WBIL), Consumer Discretionary Select Sector SPDR Fund (XLY), Amplify YieldShares CWP Dividend & Option Income ETF (DIVO) and BlackRock Future U.S. Themes ETF (BTHM).

When did TJX Companies' stock split?: Shares of TJX Companies split on Monday, November 5th 2018. The 2-1 split was announced on Monday, September 17th 2018. The newly issued shares were issued to shareholders after the market closes on Tuesday, November 6th 2018. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.
How will TJX Companies' stock buyback program work?: TJX Companies declared that its Board of Directors has approved a stock buyback plan on Wednesday, February 28th 2024, which permits the company to repurchase $2,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 2.2% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's board believes its shares are undervalued.
What guidance has TJX Companies issued on next quarter's earnings?: TJX Companies issued an update on its second quarter 2025 earnings guidance on Wednesday, May, 22nd. The company provided EPS guidance of 0.880-0.900 for the period, compared to the consensus estimate of 0.940. The company issued revenue guidance of -.
What is Ernie Herrman's approval rating as TJX Companies' CEO?: 238 employees have rated TJX Companies Chief Executive Officer Ernie Herrman on Glassdoor.com. Ernie Herrman has an approval rating of 92% among the company's employees. This puts Ernie Herrman in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of TJX Companies own?: Based on aggregate information from My MarketBeat watchlists, some companies that other TJX Companies investors own include NVIDIA (NVDA), Walt Disney (DIS), Johnson & Johnson (JNJ), AbbVie (ABBV), Starbucks (SBUX), Home Depot (HD), Visa (V), Bank of America (BAC), Alibaba Group (BABA) and Salesforce (CRM).
Who are TJX Companies' major shareholders?: TJX Companies' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.60%), Bank of New York Mellon Corp (1.90%), Capital International Investors (1.18%), Janus Henderson Group PLC (1.17%), Price T Rowe Associates Inc. MD (1.09%) and Jennison Associates LLC (0.83%). Insiders that own company stock include Amy B Lane, Carol Meyrowitz, Ernie Herrman, Kenneth Canestrari, Louise Greenlees, Richard Sherr and Scott Goldenberg.
View institutional ownership trends.
How do I buy shares of TJX Companies?: Shares of TJX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does TJX Companies have any subsidiaries?: The following companies are subsidiares of TJX Companies: AJW South Bend Realty Corp., Arizona Merchants Inc., Bob's Stores, Concord Buying Group, Derailed, Fashion Factory Outlets (Trade Secret) Pty Limited, H. G. Conn. Merchants, H.G. AZ Merchants, H.G. Brownsburg Realty Corp., H.G. Conn. Merchants, H.G. Conn. Realty Corp., H.G. Georgia Merchants, H.G. Indiana Distributors, HomeGoods, HomeGoods Georgia, HomeGoods Imports Corp, HomeGoods Imports Corp., Jusy Meazza Buying Company S.r.L., Marmaxx Operating Corp., Marshalls, Marshalls Atlanta Merchants, Marshalls Bridgewater Merchant, Marshalls Bridgewater Merchants, Marshalls Woburn Merchants, Marshalls of Beacon, Marshalls of Beacon VA, Marshalls of CA, Marshalls of Elizabeth, Marshalls of Elizabeth NJ, Marshalls of Glen Burnie, Marshalls of Glen Burnie MD, Marshalls of IL, Marshalls of MA, Marshalls of Matteson, Marshalls of Matteson IL, Marshalls of Nevada, Marshalls of Richfield, Marshalls of Richfield MN, NBC Apparel, NBC Apparel LLC, NBC Atlantic Holding Limited, NBC Atlantic Limited, NBC Attire, NBC Attire Inc., NBC Charlotte Merchants, NBC Distributors Inc., NBC Europe Limited, NBC Fashion India Private Limited, NBC Fifth Realty Corp., NBC First Realty Corp., NBC Fourth Realty Corp., NBC GP, NBC Holding, NBC Hong Kong Merchants Limited, NBC Manager, NBC Manteca Merchants, NBC Merchants, NBC Nevada Merchants, NBC Operating, NBC Philadelphia Merchants, NBC Pittston Merchants, NBC Second Realty Corp., NBC Seventh Realty Corp., NBC Sixth Realty Corp., NBC Trading, NBC Trust, New York Department Stores, New York Department Stores de Puerto Rico Inc., Newton Buying Company of CA, Newton Buying Corp, Newton Buying Corp., Newton Buying Imports, STP Retail, STP Technology Systems, Sierra Trading Post, Strathmex Corp., T.J. Maxx of CA, T.J. Maxx of IL, T.K. Maxx Holding GmbH, T.K. Maxx Management GmbH, TJX Australia Holding Company Pty Limited, TJX Australia Holding Company Pty Ltd., TJX Australia Merchants Pty Limited, TJX Australia Pty Limited, TJX Australia Pty Ltd., TJX Austria Holding GmbH, TJX Deutschland Ltd & Co. KG, TJX Deutschland Ltd & Co. KG, TJX Digital, TJX Digital Memphis Merchants, TJX Distribution Ltd. & Co. KG, TJX Europe Buying (Deutschland) Ltd, TJX Europe Buying (Polska) Ltd, TJX Europe Buying Group Limited, TJX Europe Buying Ltd, TJX Europe Limited, TJX European Distribution, TJX European Distribution Sp. Z o.o, TJX Germany Ltd., TJX Incentive Sales, TJX Ireland Unlimited Company, TJX Nederland B.V., TJX Oesterreich Ltd. & Co. KG, TJX Poland, TJX Poland Sp. Z o.o, TJX UK, TJX UK Property Limited, TJX Vietnam Company Limited, TK Maxx, Trade Secret, WMI-1 Holding Company, WMI-1 Holding Company, WMI-99 Holding Company, WMI-99 Holding Company, Wagon Wheel Realty, Winners Merchants International, and Winners Merchants International L.P..
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This page (NYSE:TJX) was last updated on 6/13/2024 by MarketBeat.com Staff

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