TJX Companies - TJX Stock Forecast, Price & News

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TJX Companies in the last twelve months. There are currently 5 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" TJX shares.
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17 Wall Street analysts have issued 1 year target prices for TJX Companies' shares. Their TJX share price forecasts range from $60.00 to $88.00. On average, they expect the company's stock price to reach $74.94 in the next year. This suggests a possible upside of 20.6% from the stock's current price.
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TJX Companies' stock was trading at $75.92 at the beginning of the year. Since then, TJX shares have decreased by 18.2% and is now trading at $62.12.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 16th 2022.
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The TJX Companies, Inc. (NYSE:TJX) released its quarterly earnings results on Wednesday, August, 17th. The apparel and home fashions retailer reported $0.69 EPS for the quarter, topping analysts' consensus estimates of $0.67 by $0.02. The apparel and home fashions retailer had revenue of $11.84 billion for the quarter, compared to analysts' expectations of $12.05 billion. TJX Companies had a trailing twelve-month return on equity of 61.19% and a net margin of 6.77%. The firm's revenue was down 1.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.79 EPS.
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TJX Companies declared a quarterly dividend on Monday, September 19th. Shareholders of record on Thursday, November 10th will be paid a dividend of $0.295 per share on Thursday, December 1st. This represents a $1.18 dividend on an annualized basis and a yield of 1.90%. The ex-dividend date is Wednesday, November 9th.
Read our dividend analysis for TJX.

TJX Companies (NYSE:TJX) pays an annual dividend of $1.18 per share and currently has a dividend yield of 1.92%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 42.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TJX will have a dividend payout ratio of 33.81% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TJX.

TJX Companies shares split on Monday, November 5th 2018. The 2-1 split was announced on Monday, September 17th 2018. The newly minted shares were issued 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 issued an update on its fourth quarter 2023 earnings guidance on Wednesday, September, 14th. The company provided earnings per share guidance of $0.92-$0.96 for the period, compared to the consensus earnings per share estimate of $0.95. 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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "TJX."

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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One share of TJX stock can currently be purchased for approximately $62.12.

TJX Companies (NYSE:TJX) has a market capitalization of $72.12 billion and generates $48.55 billion in revenue each year. The apparel and home fashions retailer earns $3.28 billion in net income (profit) each year or $2.80 on an earnings per share basis.

The company employs 340,000 workers across the globe.

TJX Companies' mailing address is 770 Cochituate Road, FRAMINGHAM MA, 01701. The official website for the company is www.tjx.com. The apparel and home fashions retailer can be reached via phone at (508) 390-1000, via email at shrrelations@cpushareownerservices.com, or via fax at 508-390-2828.