TJX Companies Stock Forecast, Price & News

TJX Companies' stock was trading at $55.61 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, TJX stock has increased by 2.6% and is now trading at $57.04.
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25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TJX Companies in the last year. There are currently 1 hold rating, 23 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
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TJX Companies is scheduled to release its next quarterly earnings announcement on Tuesday, November 17th 2020.
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TJX Companies Inc (NYSE:TJX) released its quarterly earnings results on Wednesday, August, 19th. The apparel and home fashions retailer reported ($0.18) EPS for the quarter, missing the consensus estimate of ($0.10) by $0.08. The apparel and home fashions retailer had revenue of $6.67 billion for the quarter, compared to analysts' expectations of $6.58 billion. TJX Companies had a return on equity of 13.62% and a net margin of 2.11%. The business's revenue was down 31.8% compared to the same quarter last year. During the same period last year, the firm earned $0.62 earnings per share.
View TJX Companies' earnings history.

TJX Companies declared a quarterly dividend on Tuesday, December 3rd. Investors 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 1.61%. The ex-dividend date of this dividend is Wednesday, February 12th.
View TJX Companies' dividend history.

TJX Companies's stock 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 stock repurchase plan on Wednesday, February 27th 2019, which allows the company to buyback $2,250,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 3.6% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board of directors believes its shares are undervalued.

25 brokers have issued twelve-month price objectives for TJX Companies' shares. Their forecasts range from $53.00 to $75.00. On average, they anticipate TJX Companies' share price to reach $64.36 in the next year. This suggests a possible upside of 12.8% from the stock's current price.
View analysts' price targets for TJX Companies.

TJX Companies saw a decline in short interest in the month of August. As of August 14th, there was short interest totaling 12,130,000 shares, a decline of 17.3% from the July 30th total of 14,660,000 shares. Based on an average trading volume of 8,080,000 shares, the short-interest ratio is presently 1.5 days. Approximately 1.0% of the company's stock are sold short.
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Some companies that are related to TJX Companies include Ross Stores (ROST), GAP (GPS), Foot Locker (FL), American Eagle Outfitters (AEO), Urban Outfitters (URBN), Buckle (BKE), Abercrombie & Fitch (ANF), Guess? (GES), Zumiez (ZUMZ), Shoe Carnival (SCVL), Childrens Place (PLCE), Designer Brands (DBI), Caleres (CAL), Genesco (GCO) and Citi Trends (CTRN).
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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), Alibaba Group (BABA), Bank of America (BAC) and AT&T (T).

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 Bath Savings Trust Co (0.03%). 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 acquired by a variety of institutional investors in the last quarter, including Bath Savings Trust Co.
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 $57.04.

TJX Companies has a market capitalization of $68.39 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]