TJX Companies - TJX Stock Forecast, Price & News

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TJX Companies in the last year. There are currently 2 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" TJX shares.
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15 equities research analysts have issued 1 year price targets for TJX Companies' stock. Their TJX share price forecasts range from $65.00 to $95.00. On average, they expect the company's stock price to reach $86.07 in the next year. This suggests a possible upside of 13.2% from the stock's current price.
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TJX Companies' stock was trading at $79.60 at the beginning of the year. Since then, TJX shares have decreased by 4.5% and is now trading at $76.03.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 17th 2023.
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The TJX Companies, Inc. (NYSE:TJX) announced its quarterly earnings results on Wednesday, February, 22nd. The apparel and home fashions retailer reported $0.89 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.89. The apparel and home fashions retailer earned $14.52 billion during the quarter, compared to analyst estimates of $14.07 billion. TJX Companies had a net margin of 7.00% and a trailing twelve-month return on equity of 63.68%. TJX Companies's quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter last year, the business earned $0.78 earnings per share.
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TJX Companies declared a quarterly dividend on Tuesday, December 6th. Shareholders of record on Thursday, February 9th will be paid a dividend of $0.295 per share on Thursday, March 2nd. This represents a $1.18 annualized dividend and a dividend yield of 1.55%. The ex-dividend date is Wednesday, February 8th.
Read our dividend analysis for TJX.

ETFs with the largest weight of TJX Companies (NYSE:TJX) stock in their portfolio include VanEck Retail ETF (RTH), QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM), iShares U.S. Consumer Focused ETF (IEDI), Neuberger Berman Next Generation Connected Consumer ETF (NBCC), Emerge EMPWR Sustainable Select Growth Equity ETF (EMGC), Consumer Discretionary Select Sector SPDR Fund (XLY), Emerge EMPWR Sustainable Global Core Equity ETF (EMZA) and Nuveen Dividend Growth ETF (NDVG).

TJX Companies (NYSE:TJX) pays an annual dividend of $1.18 per share and currently has a dividend yield of 1.57%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 39.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TJX will have a dividend payout ratio of 30.26% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TJX.

Shares of TJX Companies split before market open on Monday, November 5th 2018. The 2-1 split was announced on Monday, September 17th 2018. The newly issued shares were distributed 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 updated its first quarter 2024 earnings guidance on Wednesday, February, 22nd. The company provided earnings per share guidance of $0.68-$0.71 for the period, compared to the consensus EPS estimate of $0.74. 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."

TJX Companies' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Morgan Stanley (2.30%), Geode Capital Management LLC (1.79%), Moneta Group Investment Advisors LLC (1.71%), Price T Rowe Associates Inc. MD (1.31%), Fiera Capital Corp (1.05%) and Jennison Associates LLC (1.01%). Insiders that own company stock include Amy B Lane, Carol Meyrowitz, Ernie Herrman, Kenneth Canestrari, Louise Greenlees, Michael F Hines, Richard Sherr, Rosemary T Berkery, Scott Goldenberg and Zein Abdalla.
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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 $76.03.

TJX Companies (NYSE:TJX) has a market capitalization of $87.85 billion and generates $49.94 billion in revenue each year. The apparel and home fashions retailer earns $3.50 billion in net income (profit) each year or $2.98 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.