TJX Companies - TJX Stock Forecast, Price & News

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TJX Companies in the last twelve months. There are currently 5 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" TJX shares.
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17 Wall Street research analysts have issued 12-month price targets for TJX Companies' shares. Their TJX share price forecasts range from $60.00 to $88.00. On average, they expect the company's share price to reach $74.94 in the next twelve months. This suggests a possible upside of 20.3% from the stock's current price.
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TJX Companies' stock was trading at $75.92 at the beginning of the year. Since then, TJX stock has decreased by 17.9% and is now trading at $62.31.
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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) issued its earnings results on Wednesday, August, 17th. The apparel and home fashions retailer reported $0.69 EPS for the quarter, beating the consensus estimate of $0.67 by $0.02. The apparel and home fashions retailer earned $11.84 billion during the quarter, compared to analyst estimates of $12.05 billion. TJX Companies had a net margin of 6.77% and a trailing twelve-month return on equity of 61.19%. The company's revenue for the quarter was down 1.9% on a year-over-year basis. During the same quarter last year, the company posted $0.79 earnings per share.
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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 dividend yield of 1.89%. 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 1.95%. 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 payable to shareholders after the closing bell 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 fourth quarter 2023 earnings guidance on Wednesday, September, 14th. The company provided earnings per share (EPS) guidance of $0.92-$0.96 for the period, compared to the consensus EPS 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 number 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 $62.31.

TJX Companies (NYSE:TJX) has a market capitalization of $72.35 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.