TJX Companies Stock Forecast, Price & News

TJX Companies' stock was trading at $55.61 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, TJX shares have decreased by 0.0% and is now trading at $55.60.
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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.
View our earnings forecast for TJX Companies.

TJX Companies Inc (NYSE:TJX) issued its quarterly earnings data on Wednesday, August, 19th. The apparel and home fashions retailer reported ($0.18) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.10) by $0.08. The apparel and home fashions retailer had revenue of $6.67 billion for the quarter, compared to the consensus estimate of $6.58 billion. TJX Companies had a net margin of 2.11% and a return on equity of 13.62%. The firm's quarterly revenue was down 31.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.62 EPS.
View TJX Companies' earnings history.

TJX Companies announced 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 dividend on an annualized basis and a dividend yield of 1.65%. The ex-dividend date of this dividend is Wednesday, February 12th.
View TJX Companies' dividend history.

TJX Companies's stock 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 TJX Companies stock prior to the split would have 200 shares after the split.

TJX Companies announced that its Board of Directors has initiated a stock repurchase program on Wednesday, February 27th 2019, which authorizes the company to repurchase $2,250,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 3.6% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's board believes its shares are undervalued.

25 equities research analysts have issued 12-month target prices for TJX Companies' stock. Their forecasts range from $53.00 to $75.00. On average, they expect TJX Companies' stock price to reach $64.36 in the next year. This suggests a possible upside of 15.8% from the stock's current price.
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TJX Companies saw a drop in short interest in the month of August. As of August 14th, there was short interest totaling 12,130,000 shares, a drop of 17.3% from the July 30th total of 14,660,000 shares. Based on an average daily trading volume, of 8,080,000 shares, the days-to-cover ratio is presently 1.5 days. Currently, 1.0% of the company's stock are sold short.
View TJX Companies' Short Interest.

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."

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 $55.60.

TJX Companies has a market capitalization of $66.67 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]