The TJX Companies, Inc. (TJX) is an off-price apparel and home fashions retailer in the United States and across the world. The Company operates through four segments: Marmaxx, HomeGoods, TJX Canada and TJX International. T.J. Maxx and Marshalls chains in the United States were collectively the off-price retailer in the United States with a total of 2,221 stores, as of January 28, 2017. The HomeGoods chain was an off-price retailer of home fashions in the United States with 579 stores. The TJX Canada segment operates the Winners, HomeSense and Marshalls chains in Canada. Winners is the off-price apparel and home fashions retailer in Canada. HomeSense offers home fashions off-price concept in Canada. The TJX International segment operates the T.K. Maxx and HomeSense chains in Europe. With 503 stores, T.K. Maxx operated in the United Kingdom, Ireland, Germany, Poland, Austria and the Netherlands.
Industry, Sector and Symbol:
- Sector: Retail/Wholesale
- Industry: Department Stores
- Sub-Industry: Apparel Retail
- Symbol: NYSE:TJX
- CUSIP: 87254010
- Web: www.tjx.com
- Market Cap: $49.46 billion
- Outstanding Shares: 654,799,000
- 50 Day Moving Avg: $77.16
- 200 Day Moving Avg: $77.03
- 52 Week Range: $71.50 - $83.64
Sales & Book Value:
- Trailing P/E Ratio: 21.45
- Foreward P/E Ratio: 17.90
- P/E Growth: 1.80
- Annual Revenue: $33.43 billion
- Price / Sales: 1.48
- Book Value: $6.95 per share
- Price / Book: 10.87
- Annual Dividend: $1.04
- Dividend Yield: 1.7%
- EBIDTA: $4.53 billion
- Net Margins: 7.00%
- Return on Equity: 53.12%
- Return on Assets: 19.61%
- Debt-to-Equity Ratio: 0.51%
- Current Ratio: 1.62%
- Quick Ratio: 0.73%
- Average Volume: 3.94 million shs.
- Beta: 0.7
- Short Ratio: 1.82
Frequently Asked Questions for TJX Companies (NYSE:TJX)
What is TJX Companies' stock symbol?
TJX Companies trades on the New York Stock Exchange (NYSE) under the ticker symbol "TJX."
How often does TJX Companies pay dividends? What is the dividend yield for TJX Companies?
TJX Companies declared a quarterly dividend on Tuesday, April 4th. Stockholders of record on Thursday, May 11th will be given a dividend of $0.3125 per share on Thursday, June 1st. This represents a $1.25 dividend on an annualized basis and a dividend yield of 1.65%. The ex-dividend date of this dividend is Tuesday, May 9th. This is a boost from TJX Companies's previous quarterly dividend of $0.26. View TJX Companies' Dividend History.
How will TJX Companies' stock buyback program work?
TJX Companies declared that its board has authorized a share buyback plan on Sunday, April 9th 2017, which authorizes the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 21% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board of directors believes its shares are undervalued.
How were TJX Companies' earnings last quarter?
TJX Companies Inc (NYSE:TJX) posted its earnings results on Tuesday, May, 16th. The company reported $0.82 EPS for the quarter, beating the consensus estimate of $0.79 by $0.03. The business had revenue of $7.78 billion for the quarter, compared to analyst estimates of $7.88 billion. TJX Companies had a net margin of 7.00% and a return on equity of 53.12%. TJX Companies's quarterly revenue was up 3.2% on a year-over-year basis. During the same period last year, the company earned $0.76 EPS. View TJX Companies' Earnings History.
What guidance has TJX Companies issued on next quarter's earnings?
TJX Companies issued an update on its second quarter earnings guidance on Tuesday, May, 16th. The company provided EPS guidance of $0.81-0.83 for the period, compared to the Thomson Reuters consensus estimate of $0.92. The company issued revenue guidance of $8.2 billion, compared to the consensus revenue estimate of $8.38 billion.TJX Companies also updated its FY18 guidance to $3.82-3.89 EPS.
Where is TJX Companies' stock going? Where will TJX Companies' stock price be in 2017?
18 brokerages have issued 1 year target prices for TJX Companies' stock. Their forecasts range from $79.00 to $97.00. On average, they expect TJX Companies' stock price to reach $85.00 in the next twelve months. View Analyst Ratings for TJX Companies.
What are analysts saying about TJX Companies stock?
Here are some recent quotes from research analysts about TJX Companies stock:
- 1. According to Zacks Investment Research, "TJX Companies has maintained its solid earnings trend and outpaced estimates for the fourth quarter in a row during 2016. It has reported positive comparable store sales (comps) growth in the past 30 quarters. The shares of TJX have also outperformed the Zacks categorized Retail Wholesale industry in the last one year. The company works on brand enhancing initiatives in the form of product innovation and marketing campaigns. Its several initiatives to boost sales along with an aggressive store opening strategy in the pipeline holds it in good stead. However, off-price retail nature of the company may put pressure on margins as it cannot raise prices. Lack of exposure in emerging markets impacts profitability. Higher costs are likely to hurt margins and top line." (4/26/2017)
- 2. Goldman Sachs Group Inc analysts commented, "We reiterate our Buy rating on TJX and add it to the Americas Conviction List. We continue to believe TJX offers a compelling combination of long-term secular growth and near-term catalysts. We view TJX as a secular winner in apparel, growing market share at the expense of department stores, and a key beneficiary of the unraveling of the regional mall. As evidence, traffic has been running up low-tomid single digits, in contrast to department stores down mid-to-high single digits. Additionally, the buying environment remains robust, with the market still flush with excess product available to TJX at discounted prices. As wage pressure fades, we expect TJX to resume its more consistent high-single to low-double digit EPS growth algorithm. Our 12-month price target is $97 and implies 23% upside." (3/16/2017)
Who are some of TJX Companies' key competitors?
Some companies that are related to TJX Companies include Starbucks (SBUX), Priceline Group (PCLN), Walgreens Boots Alliance (WBA), CVS Health Corp (CVS), Costco Wholesale (COST), Lowe's Companies (LOW), JD.Com (JD), HENNES & MAURITZ SPON (HNNMY), Kering Unspon (PPRUY), Wal-mart de Mexico S A B de C V (WMMVY), eBay (EBAY), Compass Group plc (CMPGY), Target (TGT), Ctrip.Com International Ltd (CTRP), Kroger Co (KR), Yum! Brands (YUM), Ross Stores (ROST) and O'Reilly Automotive (ORLY).
Who owns TJX Companies stock?
TJX Companies' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.30%), BlackRock Inc. (6.47%), FMR LLC (5.39%), State Street Corp (4.46%), Wellington Management Group LLP (3.21%) and Bank of New York Mellon Corp (3.14%). Company insiders that own TJX Companies stock include Amy B Lane, Carol Meyrowitz, David T Ching, Ernie Herrman, Jose B Alvarez, Kenneth Canestrari, Michael Macmillan, Richard Sherr and Scott Goldenberg. View Institutional Ownership Trends for TJX Companies.
Who sold TJX Companies stock? Who is selling TJX Companies stock?
TJX Companies' stock was sold by a variety of institutional investors in the last quarter, including Jennison Associates LLC, FMR LLC, Massachusetts Financial Services Co. MA, Bank of New York Mellon Corp, Columbus Circle Investors, APG Asset Management N.V., Epoch Investment Partners Inc. and Alecta Pensionsforsakring Omsesidigt. Company insiders that have sold TJX Companies stock in the last year include Carol Meyrowitz, Jose B Alvarez, Kenneth Canestrari, Michael Macmillan, Richard Sherr and Scott Goldenberg. View Insider Buying and Selling for TJX Companies.
Who bought TJX Companies stock? Who is buying TJX Companies stock?
TJX Companies' stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Wellington Management Group LLP, Ameriprise Financial Inc., Fiduciary Management Inc. WI, Vanguard Group Inc., State Street Corp, HS Management Partners LLC and MARSHALL WACE ASIA Ltd. View Insider Buying and Selling for TJX Companies.
How do I buy TJX Companies stock?
Shares of TJX Companies can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of TJX Companies stock cost?
One share of TJX Companies stock can currently be purchased for approximately $75.53.
Earnings History for TJX Companies (NYSE:TJX)Earnings History by Quarter for TJX Companies (NYSE:TJX)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/16/2017||1Q18||$0.79||$0.82||$7.88 billion||$7.78 billion||View||N/A|
|2/22/2017||Q417||$1.00||$1.03||$9.45 billion||$9.50 billion||View||Listen|
|11/15/2016||Q317||$0.87||$0.91||$8.23 billion||$8.29 billion||View||Listen|
|8/16/2016||Q217||$0.81||$0.84||$7.85 billion||$7.88 billion||View||Listen|
|5/17/2016||Q117||$0.71||$0.76||$7.29 billion||$7.54 billion||View||Listen|
|2/24/2016||Q416||$0.94||$0.99||$8.73 billion||$8.96 billion||View||Listen|
|11/17/2015||Q316||$0.85||$0.86||$7.73 million||$7.75 billion||View||Listen|
|8/18/2015||Q216||$0.76||$0.80||$7.26 billion||$7.40 billion||View||Listen|
|5/19/2015||Q116||$0.67||$0.69||$6.80 billion||$6.87 billion||View||Listen|
|2/25/2015||Q415||$0.90||$0.93||$8.26 billion||$8.30 billion||View||Listen|
|11/18/2014||Q315||$0.85||$0.85||$7.43 billion||$7.37 billion||View||Listen|
|8/19/2014||Q215||$0.73||$0.75||$6.80 billion||$6.92 billion||View||Listen|
|5/20/2014||Q115||$0.67||$0.64||$6.60 billion||$6.49 billion||View||Listen|
|2/26/2014||Q414||$0.83||$0.81||$7.86 billion||$7.80 billion||View||Listen|
|11/19/2013||Q314||$0.74||$0.75||$6.91 billion||$6.98 billion||View||Listen|
|8/20/2013||Q2 2014||$0.63||$0.66||$6.37 billion||$6.44 billion||View||Listen|
|5/21/2013||Q1 2014||$0.62||$0.62||$6.16 billion||$6.20 billion||View||Listen|
|2/27/2013||Q4 2013||$0.81||$0.82||$7.65 billion||$7.70 billion||View||Listen|
|11/13/2012||Q313||$0.61||$0.63||$6.27 billion||$6.41 billion||View||N/A|
Earnings Estimates for TJX Companies (NYSE:TJX)
2017 EPS Consensus Estimate: $3.77
2018 EPS Consensus Estimate: $3.89
2019 EPS Consensus Estimate: $4.25
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for TJX Companies (NYSE:TJX)
|Dividend Growth:||21.60% (3 Year Average)|
|Payout Ratio:||30.41% (Trailing 12 Months of Earnings) |
26.74% (Based on This Year's Estimates)
24.64% (Based on Next Year's Estimates)
|Track Record:||20 Years of Consecutive Dividend Growth|
Dividend History by Quarter for TJX Companies (NYSE:TJX)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for TJX Companies (NYSE:TJX)
Insider Ownership Percentage: 0.30%Insider Trades by Quarter for TJX Companies (NYSE:TJX)
Institutional Ownership Percentage: 87.65%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/17/2017||Richard Sherr||EVP||Sell||1,179||$75.58||$89,108.82|| |
|4/21/2017||Richard Sherr||EVP||Sell||20,000||$78.13||$1,562,600.00|| |
|4/19/2017||Scott Goldenberg||CFO||Sell||15,571||$77.14||$1,201,146.94|| |
|3/3/2017||Michael Macmillan||EVP||Sell||21,180||$78.50||$1,662,630.00|| |
|11/22/2016||Kenneth Canestrari||EVP||Sell||6,701||$79.56||$533,131.56|| |
|6/15/2016||Jose B Alvarez||Director||Sell||1,158||$76.51||$88,598.58|| |
|6/1/2016||Carol Meyrowitz||Chairman||Sell||64,160||$76.56||$4,912,089.60|| |
|5/24/2016||Ernie Herrman||CEO||Sell||24,776||$75.40||$1,868,110.40|| |
|5/23/2016||Richard Sherr||EVP||Sell||18,532||$75.46||$1,398,424.72|| |
|5/20/2016||Ernie Herrman||CEO||Sell||44,000||$75.64||$3,328,160.00|| |
|4/18/2016||Scott Goldenberg||CFO||Sell||17,393||$77.15||$1,341,869.95|| |
|2/29/2016||Scott Goldenberg||CFO||Sell||4,672||$74.92||$350,026.24|| |
|2/26/2016||Amy B Lane||Director||Sell||750||$75.64||$56,730.00|| |
|2/26/2016||Michael Macmillan||EVP||Sell||37,015||$74.63||$2,762,429.45|| |
|12/7/2015||David T Ching||Director||Sell||4,000||$70.85||$283,400.00|| |
|11/25/2015||Carol Meyrowitz||CEO||Sell||64,086||$71.54||$4,584,712.44|| |
|6/16/2015||Ernie Herrman||President||Sell||23,770||$65.50||$1,556,935.00|| |
|6/15/2015||Jose B Alvarez||Director||Sell||1,263||$64.93||$82,006.59|| |
|4/24/2015||Richard Sherr||EVP||Sell||15,750||$66.28||$1,043,910.00|| |
|4/20/2015||Ernie Herrman||President||Sell||45,000||$65.17||$2,932,650.00|| |
|3/24/2015||Carol Meyrowitz||CEO||Sell||65,000||$70.12||$4,557,800.00|| |
|2/26/2015||Carol Meyrowitz||CEO||Sell||132,555||$68.22||$9,042,902.10|| |
|2/26/2015||Scott Goldenberg||CFO||Sell||4,667||$68.42||$319,316.14|| |
|11/19/2014||Scott Goldenberg||CFO||Sell||4,771||$61.94||$295,515.74|| |
|9/18/2014||Richard Sherr||EVP||Sell||10,500||$60.14||$631,470.00|| |
|9/15/2014||Nan Stutz||EVP||Sell||23,204||$59.75||$1,386,439.00|| |
|9/10/2014||Ernie Herrman||President||Sell||58,135||$59.79||$3,475,891.65|| |
|9/5/2014||Carol Meyrowitz||CEO||Sell||52,123||$61.03||$3,181,066.69|| |
|8/29/2014||Ernie Herrman||President||Sell||25,000||$59.80||$1,495,000.00|| |
|8/28/2014||Bernard Cammarata||Director||Sell||130,000||$60.00||$7,800,000.00|| |
|8/20/2014||Carol Meyrowitz||CEO||Sell||156,100||$59.04||$9,216,144.00|| |
|8/20/2014||Ernie Herrman||President||Sell||13,212||$58.70||$775,544.40|| |
|6/9/2014||Bernard Cammarata||Director||Sell||50,000||$56.22||$2,811,000.00|| |
|3/17/2014||Nan Stutz||EVP||Sell||24,640||$61.50||$1,515,360.00|| |
|1/2/2014||Willow Shire||Director||Sell||24,000||$63.91||$1,533,840.00|| |
|12/6/2013||Jerome Rossi||EVP||Sell||51,720||$62.50||$3,232,500.00|| |
|11/21/2013||Scott Goldenberg||CFO||Sell||35,874||$63.81||$2,289,119.94|| |
|11/20/2013||Amy Lane||Director||Sell||1,500||$63.32||$94,980.00|| |
|11/20/2013||Michael Macmillan||EVP||Sell||105,403||$63.36||$6,678,334.08|| |
|9/16/2013||Nan Stutz||EVP||Sell||24,000||$54.59||$1,310,160.00|| |
|9/11/2013||Ernie Herrman||President||Sell||61,960||$53.98||$3,344,600.80|| |
|9/10/2013||Richard Sherr||EVP||Sell||29,292||$53.92||$1,579,424.64|| |
|9/4/2013||Jerome R Rossi||EVP||Sell||31,766||$53.85||$1,710,599.10|| |
|8/21/2013||Amy Lane||Director||Sell||1,012||$54.36||$55,012.32|| |
|7/12/2013||Jerome R Rossi||EVP||Sell||29,148||$52.50||$1,530,270.00|| |
|5/7/2013||Willow B Shire||Director||Sell||16,000||$50.00||$800,000.00|| |
|10/5/2012||Ernie Herrman||President||Sell||14,198||$45.42||$644,873.16|| |
|10/5/2012||Richard Sherr||EVP||Sell||11,660||$45.42||$529,597.20|| |
Headline Trends for TJX Companies (NYSE:TJX)
Latest Headlines for TJX Companies (NYSE:TJX)
TJX Companies (TJX) Chart for Saturday, May, 27, 2017