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TJX Companies (TJX) Stock Price, News & Analysis

$100.19
-0.93 (-0.92%)
(As of 05/23/2024 ET)
Today's Range
$99.22
$100.99
50-Day Range
$92.66
$101.42
52-Week Range
$75.65
$104.98
Volume
7.43 million shs
Average Volume
5.84 million shs
Market Capitalization
$113.51 billion
P/E Ratio
24.86
Dividend Yield
1.50%
Price Target
$110.05

TJX Companies MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.89 Rating Score
Upside/​Downside
9.8% Upside
$110.05 Price Target
Short Interest
Healthy
0.83% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.95
Upright™ Environmental Score
News Sentiment
0.77mentions of TJX Companies in the last 14 days
Based on 71 Articles This Week
Insider Trading
Selling Shares
$2.25 M Sold Last Quarter
Proj. Earnings Growth
9.76%
From $4.10 to $4.50 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.50 out of 5 stars

Retail/Wholesale Sector

36th out of 189 stocks

Family Clothing Stores Industry

3rd out of 11 stocks

TJX stock logo

About TJX Companies Stock (NYSE:TJX)

The TJX Companies, Inc., together with its subsidiaries, operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, and gourmet food departments; jewelry and accessories; and other merchandise. It offers its products through stores and e-commerce sites. The TJX Companies, Inc. was incorporated in 1962 and is headquartered in Framingham, Massachusetts.

TJX Stock Price History

TJX Stock News Headlines

TJX Companies Can Hit New Highs; Double-Digit Upside to Follow
TJX Companies NYSE: TJX industry-leading position in off-price retail and quality operations will soon lead its stock price to new heights. Like Walmart NYSE: WMT, TJX Companies benefits from the high inflation and interest rate environment because shoppers are still flush but turning more to value and opportunity than ever before.
TJX Companies Can Hit New Highs; Double-Digit Upside to Follow
TJX Companies position as the leader in off-price retail has it set up to outperform in 2024 and drive shareholder value with dividends and repurchases.
TJX Reports Above Plan 1st Quarter 2024 Results
3 Retail Stocks to Add to Your Cart in May
TJX Companies (NYSE:TJX) Shares Gap Up Following Strong Earnings
TJX Stock Surges as Bargain Shoppers Drive Sales Gains
TJX (NYSE:TJX) Posts Q1 Sales In Line With Estimates
The TJX Companies, Inc. Q1 Income Advances, Beats Estimates
See More Headlines
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Company Calendar

Ex-Dividend for 3/7 Dividend
2/14/2024
Dividend Payable
3/07/2024
Ex-Dividend for 6/6 Dividend
5/15/2024
Last Earnings
5/22/2024
Today
5/23/2024
Dividend Payable
6/06/2024
Next Earnings (Estimated)
8/21/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Family clothing stores
Sub-Industry
Apparel Retail
CUSIP
87254010
Employees
349,000
Year Founded
1976

Price Target and Rating

Average Stock Price Target
$110.05
High Stock Price Target
$134.00
Low Stock Price Target
$92.00
Potential Upside/Downside
+9.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.89
Research Coverage
18 Analysts

Profitability

Net Income
$4.47 billion
Pretax Margin
11.01%

Debt

Sales & Book Value

Annual Sales
$54.22 billion
Cash Flow
$4.93 per share
Book Value
$6.41 per share

Miscellaneous

Outstanding Shares
1,132,970,000
Free Float
1,131,501,000
Market Cap
$113.51 billion
Optionable
Optionable
Beta
0.87

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TJX Stock Analysis - Frequently Asked Questions

Should I buy or sell TJX Companies stock right now?

18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TJX Companies in the last twelve months. There are currently 2 hold ratings and 16 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" TJX shares.
View TJX analyst ratings
or view top-rated stocks.

What is TJX Companies' stock price target for 2024?

18 Wall Street analysts have issued twelve-month price targets for TJX Companies' shares. Their TJX share price targets range from $92.00 to $134.00. On average, they expect the company's stock price to reach $110.05 in the next twelve months. This suggests a possible upside of 9.8% from the stock's current price.
View analysts price targets for TJX
or view top-rated stocks among Wall Street analysts.

How have TJX shares performed in 2024?

TJX Companies' stock was trading at $93.81 at the start of the year. Since then, TJX stock has increased by 6.8% and is now trading at $100.19.
View the best growth stocks for 2024 here
.

Are investors shorting TJX Companies?

TJX Companies saw a decrease in short interest in April. As of April 15th, there was short interest totaling 9,400,000 shares, a decrease of 24.0% from the March 31st total of 12,370,000 shares. Based on an average trading volume of 5,150,000 shares, the days-to-cover ratio is currently 1.8 days. Approximately 0.8% of the shares of the company are sold short.
View TJX Companies' Short Interest
.

When is TJX Companies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 21st 2024.
View our TJX earnings forecast
.

How were TJX Companies' earnings last quarter?

The TJX Companies, Inc. (NYSE:TJX) released its quarterly earnings results on Wednesday, May, 22nd. The apparel and home fashions retailer reported $0.93 EPS for the quarter, topping the consensus estimate of $0.87 by $0.06. The apparel and home fashions retailer had revenue of $12.48 billion for the quarter, compared to analysts' expectations of $12.48 billion. TJX Companies had a net margin of 8.25% and a trailing twelve-month return on equity of 64.18%. The business's revenue for the quarter was up 5.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.76 earnings per share.
Read the conference call transcript
.

How often does TJX Companies pay dividends? What is the dividend yield for TJX Companies?

TJX Companies declared a quarterly dividend on Tuesday, April 2nd. Investors of record on Thursday, May 16th will be paid a dividend of $0.375 per share on Thursday, June 6th. This represents a $1.50 annualized dividend and a yield of 1.50%. The ex-dividend date of this dividend is Wednesday, May 15th. This is an increase from the stock's previous quarterly dividend of $0.33.
Read our dividend analysis for TJX
.

Is TJX Companies a good dividend stock?

TJX Companies (NYSE:TJX) pays an annual dividend of $1.50 per share and currently has a dividend yield of 1.54%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 38.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TJX will have a dividend payout ratio of 33.33% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TJX.

When did TJX Companies' stock split?

Shares of TJX Companies 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 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.

How will TJX Companies' stock buyback program work?

TJX Companies declared that its board has authorized a stock buyback plan on Wednesday, February 28th 2024, which authorizes the company to repurchase $2,500,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 2.2% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's management believes its stock is undervalued.

What guidance has TJX Companies issued on next quarter's earnings?

TJX Companies issued an update on its second quarter 2025 earnings guidance on Wednesday, May, 22nd. The company provided earnings per share guidance of 0.880-0.900 for the period, compared to the consensus EPS estimate of 0.940. The company issued revenue guidance of -.

What is Ernie Herrman's approval rating as TJX Companies' CEO?

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.

What other stocks do shareholders of TJX Companies own?

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).

Who are TJX Companies' major shareholders?

TJX Companies' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.60%), Bank of New York Mellon Corp (1.90%), Capital International Investors (1.18%), Janus Henderson Group PLC (1.17%), Price T Rowe Associates Inc. MD (1.09%) and Jennison Associates LLC (0.83%). Insiders that own company stock include Amy B Lane, Carol Meyrowitz, Ernie Herrman, Kenneth Canestrari, Louise Greenlees, Richard Sherr and Scott Goldenberg.
View institutional ownership trends
.

How do I buy shares of TJX Companies?

Shares of TJX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does TJX Companies have any subsidiaries?
The following companies are subsidiares of TJX Companies: AJW South Bend Realty Corp., Arizona Merchants Inc., Bob's Stores, Concord Buying Group, Derailed, Fashion Factory Outlets (Trade Secret) Pty Limited, H. G. Conn. Merchants, H.G. AZ Merchants, H.G. Brownsburg Realty Corp., H.G. Conn. Merchants, H.G. Conn. Realty Corp., H.G. Georgia Merchants, H.G. Indiana Distributors, HomeGoods, HomeGoods Georgia, HomeGoods Imports Corp, HomeGoods Imports Corp., Jusy Meazza Buying Company S.r.L., Marmaxx Operating Corp., Marshalls, Marshalls Atlanta Merchants, Marshalls Bridgewater Merchant, Marshalls Bridgewater Merchants, Marshalls Woburn Merchants, Marshalls of Beacon, Marshalls of Beacon VA, Marshalls of CA, Marshalls of Elizabeth, Marshalls of Elizabeth NJ, Marshalls of Glen Burnie, Marshalls of Glen Burnie MD, Marshalls of IL, Marshalls of MA, Marshalls of Matteson, Marshalls of Matteson IL, Marshalls of Nevada, Marshalls of Richfield, Marshalls of Richfield MN, NBC Apparel, NBC Apparel LLC, NBC Atlantic Holding Limited, NBC Atlantic Limited, NBC Attire, NBC Attire Inc., NBC Charlotte Merchants, NBC Distributors Inc., NBC Europe Limited, NBC Fashion India Private Limited, NBC Fifth Realty Corp., NBC First Realty Corp., NBC Fourth Realty Corp., NBC GP, NBC Holding, NBC Hong Kong Merchants Limited, NBC Manager, NBC Manteca Merchants, NBC Merchants, NBC Nevada Merchants, NBC Operating, NBC Philadelphia Merchants, NBC Pittston Merchants, NBC Second Realty Corp., NBC Seventh Realty Corp., NBC Sixth Realty Corp., NBC Trading, NBC Trust, New York Department Stores, New York Department Stores de Puerto Rico Inc., Newton Buying Company of CA, Newton Buying Corp, Newton Buying Corp., Newton Buying Imports, STP Retail, STP Technology Systems, Sierra Trading Post, Strathmex Corp., T.J. Maxx of CA, T.J. Maxx of IL, T.K. Maxx Holding GmbH, T.K. Maxx Management GmbH, TJX Australia Holding Company Pty Limited, TJX Australia Holding Company Pty Ltd., TJX Australia Merchants Pty Limited, TJX Australia Pty Limited, TJX Australia Pty Ltd., TJX Austria Holding GmbH, TJX Deutschland Ltd & Co. KG, TJX Deutschland Ltd & Co. KG, TJX Digital, TJX Digital Memphis Merchants, TJX Distribution Ltd. & Co. KG, TJX Europe Buying (Deutschland) Ltd, TJX Europe Buying (Polska) Ltd, TJX Europe Buying Group Limited, TJX Europe Buying Ltd, TJX Europe Limited, TJX European Distribution, TJX European Distribution Sp. Z o.o, TJX Germany Ltd., TJX Incentive Sales, TJX Ireland Unlimited Company, TJX Nederland B.V., TJX Oesterreich Ltd. & Co. KG, TJX Poland, TJX Poland Sp. Z o.o, TJX UK, TJX UK Property Limited, TJX Vietnam Company Limited, TK Maxx, Trade Secret, WMI-1 Holding Company, WMI-1 Holding Company, WMI-99 Holding Company, WMI-99 Holding Company, Wagon Wheel Realty, Winners Merchants International, and Winners Merchants International L.P..
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This page (NYSE:TJX) was last updated on 5/24/2024 by MarketBeat.com Staff

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