TJX Companies Stock Price, News & Analysis (NYSE:TJX)

15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TJX Companies in the last twelve months. There are currently 2 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" TJX shares.
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15 brokerages have issued twelve-month target prices for TJX Companies' stock. Their TJX share price targets range from $85.00 to $110.00. On average, they anticipate the company's stock price to reach $98.11 in the next year. This suggests a possible upside of 10.8% from the stock's current price.
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TJX Companies' stock was trading at $79.60 at the beginning of 2023. Since then, TJX stock has increased by 11.3% and is now trading at $88.57.
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TJX Companies saw a increase in short interest in November. As of November 15th, there was short interest totaling 11,810,000 shares, an increase of 36.7% from the October 31st total of 8,640,000 shares. Based on an average daily trading volume, of 5,180,000 shares, the days-to-cover ratio is presently 2.3 days. Approximately 1.0% of the shares of the stock are sold short.
View TJX Companies' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024.
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The TJX Companies, Inc. (NYSE:TJX) posted its quarterly earnings data on Wednesday, November, 15th. The apparel and home fashions retailer reported $1.03 EPS for the quarter, topping the consensus estimate of $0.99 by $0.04. The apparel and home fashions retailer earned $13.27 billion during the quarter, compared to the consensus estimate of $13.09 billion. TJX Companies had a net margin of 7.85% and a trailing twelve-month return on equity of 62.67%. TJX Companies's revenue was up 9.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.86 EPS.
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TJX Companies declared a quarterly dividend on Tuesday, November 28th. Investors of record on Thursday, February 15th will be given a dividend of $0.3325 per share on Thursday, March 7th. This represents a $1.33 dividend on an annualized basis and a yield of 1.50%. The ex-dividend date is Wednesday, February 14th.
Read our dividend analysis for TJX.

TJX Companies (NYSE:TJX) pays an annual dividend of $1.33 per share and currently has a dividend yield of 1.49%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 37.68%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TJX will have a dividend payout ratio of 32.68% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TJX.

ETFs with the largest weight of TJX Companies (NYSE:TJX) stock in their portfolio include VanEck Retail ETF (RTH), WBI BullBear Quality 3000 ETF (WBIL), iShares U.S. Consumer Focused ETF (IEDI), Neuberger Berman Next Generation Connected Consumer ETF (NBCC), Consumer Discretionary Select Sector SPDR Fund (XLY), Emerge EMPWR Sustainable Select Growth Equity ETF (EMGC), First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) and Emerge EMPWR Sustainable Global Core Equity ETF (EMZA).

TJX Companies shares split on the morning of Monday, November 5th 2018. The 2-1 split was announced on Monday, September 17th 2018. The newly issued shares were distributed 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.

TJX Companies updated its FY 2024 earnings guidance on Wednesday, November, 15th. The company provided EPS guidance of $3.61-$3.64 for the period, compared to the consensus estimate of $3.73. The company issued revenue guidance of -.

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.

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).

TJX Companies' stock is owned by a number of retail and institutional investors. Top institutional investors include Wellington Management Group LLP (5.51%), FMR LLC (4.55%), Morgan Stanley (2.16%), Bank of New York Mellon Corp (1.98%), Northern Trust Corp (1.20%) and Primecap Management Co. CA (1.19%). Insiders that own company stock include Amy B Lane, Carol Meyrowitz, Ernie Herrman, Kenneth Canestrari, Louise Greenlees, Richard Sherr, Scott Goldenberg and Zein Abdalla.
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Shares of TJX stock 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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