TJX Companies - TJX Stock Forecast, Price & News

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TJX Companies in the last year. There are currently 5 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TJX shares.
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17 analysts have issued 12-month price targets for TJX Companies' stock. Their TJX share price forecasts range from $60.00 to $88.00. On average, they anticipate the company's share price to reach $74.94 in the next twelve months. This suggests a possible upside of 22.8% from the stock's current price.
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TJX Companies' stock was trading at $75.92 at the beginning of 2022. Since then, TJX stock has decreased by 19.6% and is now trading at $61.01.
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TJX Companies saw a drop in short interest during the month of August. As of August 15th, there was short interest totaling 10,790,000 shares, a drop of 25.0% from the July 31st total of 14,390,000 shares. Based on an average trading volume of 5,930,000 shares, the short-interest ratio is presently 1.8 days. Approximately 0.9% of the company's shares are sold short.
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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) posted its quarterly earnings data on Wednesday, August, 17th. The apparel and home fashions retailer reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business's revenue was down 1.9% compared to the same quarter last year. During the same period last year, the company earned $0.79 EPS.
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TJX Companies announced a quarterly dividend on Monday, September 19th. Stockholders of record on Thursday, November 10th will be given a dividend of $0.295 per share on Thursday, December 1st. This represents a $1.18 annualized dividend and a yield of 1.93%. 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 1.93%. 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 created 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 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."

TJX Companies' stock is owned by a variety of institutional and retail investors. Top institutional investors include State Street Corp (3.87%), FMR LLC (2.74%), Price T Rowe Associates Inc. MD (1.73%), Jennison Associates LLC (1.24%), Northern Trust Corp (1.23%) and Primecap Management Co. CA (1.21%). 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 $61.01.

TJX Companies (NYSE:TJX) has a market capitalization of $70.84 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.