NYSE:TJXTJX Companies Stock Price, Forecast & News

TJX Companies' stock was trading at $55.61 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, TJX shares have decreased by 12.2% and is now trading at $48.81. View which stocks have been most impacted by Coronavirus.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TJX Companies in the last year. There are currently 1 hold rating, 20 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, May 19th 2020. View our earnings forecast for TJX Companies.

TJX Companies Inc (NYSE:TJX) released its quarterly earnings results on Wednesday, February, 26th. The apparel and home fashions retailer reported $0.81 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.77 by $0.04. The apparel and home fashions retailer earned $12.21 billion during the quarter, compared to the consensus estimate of $11.84 billion. TJX Companies had a return on equity of 59.70% and a net margin of 7.84%. The firm's quarterly revenue was up 9.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.68 earnings per share. View TJX Companies' earnings history.

TJX Companies announced a quarterly dividend on Tuesday, December 3rd. Shareholders of record on Thursday, February 13th will be paid a dividend of $0.23 per share on Thursday, March 5th. This represents a $0.92 annualized dividend and a dividend yield of 1.88%. The ex-dividend date of this dividend is Wednesday, February 12th. View TJX Companies' dividend history.

Shares of TJX Companies split on the morning of Monday, November 5th 2018. The 2-1 split was announced on Monday, September 17th 2018. The newly minted 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 declared that its Board of Directors has initiated a share buyback plan on Wednesday, February 27th 2019, which authorizes the company to buyback $2,250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 3.6% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's board believes its shares are undervalued.

TJX Companies issued an update on its FY21 earnings guidance on Wednesday, February, 26th. The company provided earnings per share guidance of $2.77-2.83 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.87.

22 equities research analysts have issued 1-year price objectives for TJX Companies' shares. Their forecasts range from $45.00 to $76.00. On average, they anticipate TJX Companies' stock price to reach $66.36 in the next year. This suggests a possible upside of 36.0% from the stock's current price. View analysts' price targets for TJX Companies.

News stories about TJX stock have trended very negative this week, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. TJX Companies earned a daily sentiment score of -3.3 on InfoTrie's scale. They also assigned media headlines about the apparel and home fashions retailer a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutTJX Companies.

TJX Companies saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 15,125,500 shares, an increase of 17.3% from the February 27th total of 12,890,000 shares. Based on an average daily volume of 5,420,000 shares, the short-interest ratio is presently 2.8 days. Currently, 1.3% of the company's stock are short sold. View TJX Companies' Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other TJX Companies investors own include Verizon Communications (VZ), NVIDIA (NVDA), HCA Healthcare (HCA), Bank of America (BAC), AT&T (T), Alibaba Group (BABA), Ryder System (R), Pandora Media (P), JPMorgan Chase & Co. (JPM) and Micron Technology (MU).

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

TJX Companies' stock is owned by a variety of institutional and retail investors. Top institutional investors include Confluence Investment Management LLC (0.09%), Bath Savings Trust Co (0.03%), State of Alaska Department of Revenue (0.03%), Cypress Capital Group (0.01%), Park National Corp OH (0.01%) and First Financial Bank Trust Division (0.01%). Company insiders that own TJX Companies stock include Amy B Lane, Carol Meyrowitz, David T Ching, Ernie Herrman, Kenneth Canestrari, Richard Sherr 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 IMS Capital Management, Fulton Bank N.A., First National Bank of Mount Dora Trust Investment Services, CHURCHILL MANAGEMENT Corp, Pensionfund DSM Netherlands, Clifford Swan Investment Counsel LLC, IFM Investors Pty Ltd, and Forte Capital LLC ADV. Company insiders that have sold TJX Companies company stock in the last year include Carol Meyrowitz, David T Ching, Ernie Herrman, Kenneth Canestrari, Richard Sherr, and Scott Goldenberg. View insider buying and selling activity for TJX Companies.

TJX stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Park National Corp OH, Centric Wealth Management, Confluence Investment Management LLC, IBM Retirement Fund, Neville Rodie & Shaw Inc., Beese Fulmer Investment Management Inc., and Cullinan Associates Inc.. 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 $48.81.

TJX Companies has a market capitalization of $58.46 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. View additional information about TJX Companies.

The official website for TJX Companies is http://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]