NYSE:TJXTJX Companies Stock Price, Forecast & News

TJX Companies' stock was trading at $55.61 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, TJX shares have decreased by 8.2% and is now trading at $51.07. 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) announced its quarterly earnings data on Thursday, May, 21st. The apparel and home fashions retailer reported ($0.74) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.18) by $0.56. The apparel and home fashions retailer earned $4.41 billion during the quarter, compared to analysts' expectations of $4.92 billion. TJX Companies had a return on equity of 31.29% and a net margin of 4.57%. The company's revenue for the quarter was down 52.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.57 EPS. View TJX Companies' earnings history.

TJX Companies declared a quarterly dividend on Tuesday, December 3rd. Shareholders 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 annualized dividend and a dividend yield of 1.80%. The ex-dividend date of this dividend is Wednesday, February 12th. View TJX Companies' dividend history.

Shares of TJX Companies split on 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 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 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 shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 3.6% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's board of directors believes its shares are undervalued.

25 brokerages have issued 12-month price objectives for TJX Companies' shares. Their forecasts range from $52.00 to $75.00. On average, they anticipate TJX Companies' stock price to reach $64.80 in the next twelve months. This suggests a possible upside of 26.9% from the stock's current price. View analysts' price targets for TJX Companies.

News stories about TJX stock have trended somewhat negative on Saturday, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. TJX Companies earned a news impact score of -1.8 on InfoTrie's scale. They also gave press coverage about the apparel and home fashions retailer a news buzz of 0.0 out of 10, indicating that recent press 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 in 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 currently 1.6 days. Currently, 1.5% of the shares of the stock 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 Cato (CATO). 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 retail and institutional investors. Top institutional shareholders include Confluence Investment Management LLC (0.09%), Envestnet Asset Management Inc. (0.08%), Whittier Trust Co. (0.04%), Bath Savings Trust Co (0.03%), Manning & Napier Group LLC (0.03%) and Capital Investment Services of America Inc. (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 sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., State of Alaska Department of Revenue, Fulton Breakefield Broenniman LLC, Livforsakringsbolaget Skandia Omsesidigt, Carnegie Capital Asset Management LLC, Norway Savings Bank, Fulton Bank N. A., and Addenda Capital 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 Manning & Napier Group LLC, Hexavest Inc., Canandaigua National Corp, Ipswich Investment Management Co. Inc., HNP Capital LLC, Independence Bank of Kentucky, Confluence Investment Management LLC, and DNB Asset Management AS. 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 $51.07.

TJX Companies has a market capitalization of $61.18 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]