NYSE:TJXTJX Companies Stock Price, Forecast & News

TJX Companies' stock was trading at $55.61 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, TJX shares have decreased by 2.8% and is now trading at $54.08. View which stocks have been most impacted by Coronavirus.

26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TJX Companies in the last year. There are currently 1 hold rating, 24 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for TJX Companies.

TJX Companies is scheduled to release its next quarterly earnings announcement on Tuesday, August 18th 2020. View our earnings forecast for TJX Companies.

TJX Companies Inc (NYSE:TJX) posted its quarterly earnings results on Thursday, May, 21st. The apparel and home fashions retailer reported ($0.74) earnings per share for the quarter, missing analysts' consensus estimates of ($0.18) by $0.56. The apparel and home fashions retailer had revenue of $4.41 billion for the quarter, compared to analyst estimates of $4.92 billion. TJX Companies had a return on equity of 31.29% and a net margin of 4.57%. The company's quarterly revenue was down 52.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.57 EPS. View TJX Companies' earnings history.

TJX Companies declared a quarterly dividend on Tuesday, December 3rd. Investors of record on Thursday, February 13th will be given a dividend of $0.23 per share on Thursday, March 5th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.70%. The ex-dividend date of this dividend is Wednesday, February 12th. View TJX Companies' dividend history.

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

TJX Companies announced that its Board of Directors has initiated a share buyback plan on Wednesday, February 27th 2019, which authorizes the company to repurchase $2,250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 3.6% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's leadership believes its shares are undervalued.

26 analysts have issued 1 year target prices for TJX Companies' shares. Their forecasts range from $52.00 to $75.00. On average, they anticipate TJX Companies' stock price to reach $64.80 in the next year. This suggests a possible upside of 19.8% from the stock's current price. View analysts' price targets for TJX Companies.

News stories about TJX stock have been trending very negative recently, according to InfoTrie. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. TJX Companies earned a media sentiment score of -3.2 on InfoTrie's scale. They also assigned headlines about the apparel and home fashions retailer a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutTJX Companies.

Some companies that are related to TJX Companies include Ross Stores (ROST), GAP (GPS), Foot Locker (FL), Urban Outfitters (URBN), American Eagle Outfitters (AEO), Abercrombie & Fitch (ANF), Buckle (BKE), Guess? (GES), Zumiez (ZUMZ), Childrens Place (PLCE), Designer Brands (DBI), Shoe Carnival (SCVL), Caleres (CAL), Genesco (GCO) and Cato (CATO). View all competitors.

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

TJX Companies trades on the New York Stock Exchange (NYSE) under the ticker symbol "TJX."

TJX Companies' stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.75%), Wellington Management Group LLP (6.75%), State Street Corp (4.74%), Bank of New York Mellon Corp (2.54%), Geode Capital Management LLC (1.52%) and Alliancebernstein L.P. (1.52%). Company insiders that own TJX Companies stock include Amy B Lane, Carol Meyrowitz, David T Ching, Ernie Herrman, Kenneth Canestrari, Richard Sherr, Rosemary T Berkery and Scott Goldenberg. View institutional ownership trends for TJX Companies.

TJX stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Deutsche Bank AG, Diamond Hill Capital Management Inc., AQR Capital Management LLC, Squarepoint Ops LLC, Two Sigma Advisers LP, Flossbach Von Storch AG, and State Street Corp. Company insiders that have sold TJX Companies company stock in the last year include Carol Meyrowitz, David T Ching, and Ernie Herrman. View insider buying and selling activity for TJX Companies.

TJX stock was bought by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Capital Research Global Investors, Nuveen Asset Management LLC, BlackRock Inc., APG Asset Management N.V., Capital World Investors, JPMorgan Chase & Co., and Assenagon Asset Management S.A.. View insider buying and selling activity for TJX Companies.

Shares of TJX 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 TJX stock can currently be purchased for approximately $54.08.

TJX Companies has a market capitalization of $64.78 billion and generates $41.72 billion in revenue each year. The apparel and home fashions retailer earns $3.27 billion in net income (profit) each year or $2.67 on an earnings per share basis. TJX Companies employs 286,000 workers across the globe.

The official website for TJX Companies is www.tjx.com.

TJX Companies' mailing address is 770 Cochituate Road, FRAMINGHAM MA, 01701. The apparel and home fashions retailer can be reached via phone at 508-390-1000 or via email at [email protected]