The TJX Companies Stock Forecast, Price & News

The TJX Companies' stock was trading at $55.61 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, TJX stock has increased by 15.6% and is now trading at $64.28.
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23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The TJX Companies in the last year. There are currently 1 hold rating, 21 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for The TJX Companies.

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The TJX Companies is scheduled to release its next quarterly earnings announcement on Wednesday, February 24th 2021.
View our earnings forecast for The TJX Companies.

The TJX Companies, Inc. (NYSE:TJX) issued its quarterly earnings results on Tuesday, November, 17th. The apparel and home fashions retailer reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.31. The TJX Companies had a return on equity of 13.62% and a net margin of 2.11%. During the same quarter in the prior year, the business posted $0.68 EPS.
View The TJX Companies' earnings history.

The TJX Companies declared a quarterly dividend on Tuesday, December 3rd. Shareholders of record on Thursday, February 13th will be paid 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 1.43%. The ex-dividend date is Wednesday, February 12th.
View The TJX Companies' dividend history.

Shares of The TJX Companies split before market open on Monday, November 5th 2018. The 2-1 split was announced on Monday, September 17th 2018. The newly created shares were payable to shareholders after the closing bell on Tuesday, November 6th 2018. An investor that had 100 shares of The TJX Companies stock prior to the split would have 200 shares after the split.

The TJX Companies declared that its Board of Directors has authorized 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 repurchase up to 3.6% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's management believes its shares are undervalued.

23 analysts have issued 1-year price targets for The TJX Companies' shares. Their forecasts range from $54.00 to $75.00. On average, they expect The TJX Companies' stock price to reach $68.19 in the next twelve months. This suggests a possible upside of 6.1% from the stock's current price.
View analysts' price targets for The TJX Companies.

Some companies that are related to The TJX Companies include Ross Stores (ROST), The Gap (GPS), Foot Locker (FL), Urban Outfitters (URBN), American Eagle Outfitters (AEO), Abercrombie & Fitch (ANF), The Buckle (BKE), Guess' (GES), Zumiez (ZUMZ), The Children's Place (PLCE), Designer Brands (DBI), Shoe Carnival (SCVL), Genesco (GCO), Caleres (CAL) and Citi Trends (CTRN).
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Based on aggregate information from My MarketBeat watchlists, some companies that other The TJX Companies investors own include NVIDIA (NVDA), The Walt Disney (DIS), Johnson & Johnson (JNJ), AbbVie (ABBV), Starbucks (SBUX), The Home Depot (HD), Visa (V), Bank of America (BAC), Alibaba Group (BABA) and salesforce.com (CRM).

The TJX Companies trades on the New York Stock Exchange (NYSE) under the ticker symbol "TJX."

The TJX Companies' stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.52%), State Street Corp (4.34%), Alecta Pensionsforsakring Omsesidigt (1.38%), JPMorgan Chase & Co. (1.37%), California Public Employees Retirement System (0.73%) and Nuveen Asset Management LLC (0.70%). Company insiders that own The TJX Companies stock include Amy B Lane, Carol Meyrowitz, David T Ching, Ernie Herrman, Kenneth Canestrari, Michael F Hines, Richard Sherr, Rosemary T Berkery and Scott Goldenberg.
View institutional ownership trends for The TJX Companies.

TJX stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, CIBC Private Wealth Group LLC, Congress Asset Management Co. MA, State Street Corp, Wells Fargo & Company MN, Lord Abbett & CO. LLC, Los Angeles Capital Management & Equity Research Inc., and Ferguson Wellman Capital Management Inc.. Company insiders that have sold The TJX Companies company stock in the last year include Carol Meyrowitz, Ernie Herrman, Kenneth Canestrari, and Michael F Hines.
View insider buying and selling activity for The TJX Companies.

TJX stock was purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Alkeon Capital Management LLC, Neuberger Berman Group LLC, Scopus Asset Management L.P., CIBC Private Wealth Group LLC, BlackRock Inc., Alecta Pensionsforsakring Omsesidigt, and Point72 Asset Management L.P..
View insider buying and selling activity for The 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 $64.28.

The TJX Companies has a market capitalization of $77.08 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. The TJX Companies employs 286,000 workers across the globe.

The official website for The TJX Companies is www.tjx.com.

The 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]