TJX Companies Stock Forecast, Price & News

TJX Companies' stock was trading at $55.61 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, TJX shares have decreased by 4.4% and is now trading at $53.18.
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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."
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TJX Companies is scheduled to release its next quarterly earnings announcement on Tuesday, November 17th 2020.
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TJX Companies Inc (NYSE:TJX) announced its quarterly earnings data on Wednesday, August, 19th. The apparel and home fashions retailer reported ($0.18) EPS for the quarter, missing analysts' consensus estimates of ($0.10) by $0.08. The apparel and home fashions retailer earned $6.67 billion during the quarter, compared to analyst estimates of $6.58 billion. TJX Companies had a return on equity of 13.62% and a net margin of 2.11%. TJX Companies's quarterly revenue was down 31.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.62 EPS.
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TJX Companies announced a quarterly dividend on Tuesday, December 3rd. Stockholders 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 yield of 1.73%. The ex-dividend date is Wednesday, February 12th.
View TJX Companies' dividend history.

TJX Companies's stock split on the morning of 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 market closes 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 authorized a share buyback program 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 reacquire up to 3.6% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board of directors believes its shares are undervalued.

25 Wall Street analysts have issued 1-year price objectives for TJX Companies' stock. Their forecasts range from $53.00 to $75.00. On average, they anticipate TJX Companies' share price to reach $64.36 in the next year. This suggests a possible upside of 21.0% from the stock's current price.
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TJX Companies saw a decrease in short interest during the month of August. As of August 14th, there was short interest totaling 12,130,000 shares, a decrease of 17.3% from the July 30th total of 14,660,000 shares. Based on an average trading volume of 8,080,000 shares, the short-interest ratio is presently 1.5 days. Approximately 1.0% of the shares of the company are sold short.
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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), Abercrombie & Fitch (ANF), Guess? (GES), Zumiez (ZUMZ), Shoe Carnival (SCVL), Childrens Place (PLCE), Designer Brands (DBI), Caleres (CAL), Genesco (GCO) and Citi Trends (CTRN).
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Based on aggregate information from My MarketBeat watchlists, some companies that other TJX Companies investors own include NVIDIA (NVDA), Walt Disney (DIS), AbbVie (ABBV), Johnson & Johnson (JNJ), Starbucks (SBUX), Home Depot (HD), Visa (V), Alibaba Group (BABA), Bank of America (BAC) and AT&T (T).

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 BlackRock Inc. (8.40%), Vanguard Group Inc. (8.07%), FMR LLC (2.65%), Bank of New York Mellon Corp (2.51%), Bank of America Corp DE (1.59%) and Nuveen Asset Management LLC (1.06%). 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 FMR LLC, Charles Schwab Investment Management Inc., Vanguard Group Inc., AQR Capital Management LLC, First Trust Advisors LP, CIBC Private Wealth Group LLC, Copper Rock Capital Partners LLC, and Teacher Retirement System of Texas. Company insiders that have sold TJX Companies company stock in the last year include Carol Meyrowitz, Ernie Herrman, and Kenneth Canestrari.
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TJX stock was purchased by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC, BlackRock Inc., Neuberger Berman Group LLC, Nordea Investment Management AB, Nuveen Asset Management LLC, Bank of America Corp DE, Viking Global Investors LP, and Sei Investments Co..
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 $53.18.

TJX Companies has a market capitalization of $63.77 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]