NYSE:TJXTJX Companies Stock Price, Forecast & 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 decreased by 8.6% and is now trading at $50.80. View which stocks have been most impacted by Coronavirus.

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." 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) released its quarterly earnings data on Thursday, May, 21st. The apparel and home fashions retailer reported ($0.74) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate 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 firm's revenue for the quarter was down 52.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.57 earnings per share. View TJX Companies' earnings history.

TJX Companies announced 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 1.81%. The ex-dividend date of this dividend is Wednesday, February 12th. View TJX Companies' dividend history.

TJX Companies's stock 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 distributed to shareholders after the closing bell 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 has approved 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 reacquire up to 3.6% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's board of directors believes its shares are undervalued.

25 brokers 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' share price to reach $64.80 in the next year. This suggests a possible upside of 27.6% from the stock's current price. View analysts' price targets for TJX Companies.

Media stories about TJX stock have trended negative on Wednesday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. TJX Companies earned a news impact score of -2.1 on InfoTrie's scale. They also assigned media coverage 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 effect on the company's share price in the next few days. View the latest news about TJX Companies.

TJX Companies saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 17,810,000 shares, an increase of 14.5% from the June 15th total of 15,560,000 shares. Based on an average daily trading volume, of 10,870,000 shares, the days-to-cover ratio is presently 1.6 days. Approximately 1.5% of the shares of the company are sold short. View TJX Companies' Current Options Chain.

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), Zumiez (ZUMZ), Guess? (GES), Abercrombie & Fitch (ANF), Childrens Place (PLCE), Designer Brands (DBI), Shoe Carnival (SCVL), Caleres (CAL), Genesco (GCO) and Citi Trends (CTRN). 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 a number of institutional and retail investors. Top institutional shareholders include Confluence Investment Management LLC (0.09%), Bath Savings Trust Co (0.03%), Capital Investment Services of America Inc. (0.03%), State of Alaska Department of Revenue (0.02%), 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, 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 State of Alaska Department of Revenue, Norway Savings Bank, Fulton Bank N. A., Robecosam AG, Bath Savings Trust Co, Cullinan Associates Inc., Cacti Asset Management LLC, and Orrstown Financial Services Inc.. Company insiders that have sold TJX Companies company stock in the last year include Carol Meyrowitz, and Ernie Herrman. View insider buying and selling activity for TJX Companies.

TJX stock was purchased by a variety of institutional investors in the last quarter, including HNP Capital LLC, Confluence Investment Management LLC, First Financial Bank Trust Division, Platte River Wealth Advisors LLC, Burns J W & Co. Inc. NY, Park National Corp OH, Stonebridge Capital Management Inc., and Windsor Group LTD. 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 $50.80.

TJX Companies has a market capitalization of $60.85 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]