Should I buy or sell TJX Companies stock right now?

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TJX Companies in the last twelve months. There are currently 3 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street 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?

15 Wall Street analysts have issued 12-month price targets for TJX Companies' shares. Their TJX share price targets range from $86.00 to $110.00. On average, they anticipate the company's share price to reach $102.19 in the next twelve months. This suggests a possible upside of 9.4% 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 beginning of 2024. Since then, TJX stock has decreased by 0.4% and is now trading at $93.39. View the best growth stocks for 2024 here .

When is TJX Companies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 15th 2024. View our TJX earnings forecast .

How were TJX Companies' earnings last quarter?

The TJX Companies, Inc. (NYSE:TJX) posted its quarterly earnings results on Wednesday, February, 28th. The apparel and home fashions retailer reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.12 by $0.10. The apparel and home fashions retailer earned $16.41 billion during the quarter, compared to analyst estimates of $16.20 billion. TJX Companies had a trailing twelve-month return on equity of 64.18% and a net margin of 8.25%. The company's quarterly revenue was up 13.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.89 EPS. 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 dividend on an annualized basis and a dividend yield of 1.61%. The ex-dividend date of this dividend is Wednesday, May 15th. This is a boost 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 $1.33 per share and currently has a dividend yield of 1.41%. 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 34.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TJX will have a dividend payout ratio of 29.89% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for TJX .

What ETFs hold TJX Companies' stock?

ETFs with the largest weight of TJX Companies (NYSE:TJX) stock in their portfolio include VanEck Retail ETF (RTH) , WBI BullBear Yield 3000 ETF (WBIG) , iShares U.S. Consumer Focused ETF (IEDI) , Consumer Discretionary Select Sector SPDR Fund (XLY) , American Century STOXX U.S. Quality Growth ETF (QGRO) , Emerge EMPWR Sustainable Select Growth Equity ETF (EMGC) , Neuberger Berman Next Generation Connected Consumer ETF (NBCC) and First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) .

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 issued shares were distributed 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 announced that its Board of Directors has approved a share repurchase plan on Wednesday, February 28th 2024, which authorizes the company to buyback $2,500,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 2.2% of its stock through open market purchases. Stock buyback plans are often an indication that the company's leadership believes its shares are undervalued.

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

TJX Companies issued an update on its first quarter 2025 earnings guidance on Wednesday, February, 28th. The company provided earnings per share (EPS) guidance of 0.840-0.860 for the period, compared to the consensus earnings per share estimate of 0.870. 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 investors include Los Angeles Capital Management LLC (0.14%), Congress Asset Management Co. MA (0.10%), Confluence Investment Management LLC (0.08%), Wealth Enhancement Advisory Services LLC (0.06%), Ferguson Wellman Capital Management Inc. (0.05%) and Bath Savings Trust Co (0.04%). Insiders that own company stock include Amy B Lane , Carol Meyrowitz , Ernie Herrman , Kenneth Canestrari , Louise Greenlees , Richard Sherr , Scott Goldenberg and Zein Abdalla . 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.. Read More

NYSE:TJX

TJX Companies (TJX) Stock Price, News & Analysis

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$93.53

+0.55 (+0.59%)

(As of 01:46 PM ET)

Compare

Today's Range: $93.01
▼
$93.89
50-Day Range: $92.98
▼
$101.42
52-Week Range: $75.65
▼
$102.84

Volume: 1.74 million shs
Average Volume: 5.02 million shs
Market Capitalization: $105.97 billion

P/E Ratio: 24.23
Dividend Yield: 1.42%
Price Target: $102.19

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TJX Companies MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.80 Rating Score
Upside/Downside: 9.4% Upside
$102.19 Price Target
Short Interest: Healthy
1.09% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -1.95
Upright™ Environmental Score
News Sentiment: 1.23
Based on 15 Articles This Week
Insider Trading: Selling Shares
$2.25 M Sold Last Quarter
Proj. Earnings Growth: 9.34%
From $4.07 to $4.45 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.

4.03 out of 5 stars

Retail/Wholesale Sector

62nd out of 204 stocks

Family Clothing Stores Industry

2nd out of 11 stocks

1.4

Analyst's Opinion

Consensus Rating
TJX Companies has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 12 buy ratings, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
TJX Companies has only been the subject of 4 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.09% of the float of TJX Companies has been sold short.
Short Interest Ratio / Days to Cover
TJX Companies has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in TJX Companies has recently decreased by 6.57%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Yield
TJX Companies pays a meaningful dividend of 1.41%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
TJX Companies has only been increasing its dividend for 4 years.
Dividend Coverage
The dividend payout ratio of TJX Companies is 34.46%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, TJX Companies will have a dividend payout ratio of 29.89% next year. This indicates that TJX Companies will be able to sustain or increase its dividend.

2.2

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
TJX Companies has received a 4.45% net impact score from Upright. TJX companies seems to create the most significant positive value in categories "Jobs", "Taxes", and "Meaning & joy". The positive contribution in the "Meaning & joy" impact category is mostly driven by its "Physical retail of clothing at a discount store", "Physical retail of shoes at a discount store", and "Physical retail of household textiles at a furniture store" products. See details.
Environmental Sustainability
The Environmental Impact score for TJX Companies is -1.95.

2.9

News and Social Media Coverage

News Sentiment
TJX Companies has a news sentiment score of 1.23. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 15 news articles for TJX Companies this week, compared to 14 articles on an average week.
Search Interest
Only 43 people have searched for TJX on MarketBeat in the last 30 days. This is a decrease of -46% compared to the previous 30 days.
MarketBeat Follows
Only 33 people have added TJX Companies to their MarketBeat watchlist in the last 30 days. This is a decrease of -6% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, TJX Companies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,245,848.00 in company stock.
Percentage Held by Insiders
Only 0.13% of the stock of TJX Companies is held by insiders.
Percentage Held by Institutions
91.09% of the stock of TJX Companies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for TJX Companies are expected to grow by 9.34% in the coming year, from $4.07 to $4.45 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of TJX Companies is 24.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.64.
Price to Earnings Ratio vs. Sector
The P/E ratio of TJX Companies is 24.19, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 22.55.
Price to Earnings Growth Ratio
TJX Companies has a PEG Ratio of 2.43. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
TJX Companies has a P/B Ratio of 14.57. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

TJX Stock News Headlines

April 15, 2024 | marketbeat.com

Comprehensive Analysis of Target Corporation Stock (TJX)

Target is the largest retailer in the US and is on track to complete a business turnaround and return to growth. Capital returns are solid and should increase.

March 23, 2024 | insidertrades.com

Ernie Herrman Sells 20,000 Shares of The TJX Companies, Inc. (NYSE:TJX) Stock

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

March 20, 2024 | marketbeat.com

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March 20, 2024 | marketbeat.com

Is Ollies Bargain Outlet a Smart Buy-On Post-Release Weakness? (TJX)

Ollie's Bargain Outlet had a solid quarter and raised guidance for the new year, including the long-term targets for store count growth.

April 16, 2024 | msn.com

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TJX Companies: Own It, Not Trade This Value Investing Pick

April 11, 2024 | finance.yahoo.com

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Can't believe it's happening again

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3 Big-Box Retail Stocks That Could Double Your Money by 2030

April 6, 2024 | msn.com

TJX brings its Homesense stores to Texas to complement its HomeGoods

April 4, 2024 | msn.com

DIYer Bought 11 HomeGoods Food Stools and Actually Made Good Use of Each One

April 4, 2024 | seekingalpha.com

TJX Companies Could Potentially Beat Its FY25 Guidance

April 3, 2024 | msn.com

Toys R Gone: Here’s what we know about plans to reuse the old Kennewick store

April 2, 2024 | yahoo.com

Toys R Gone: Here’s what we know about plans to reuse its old Kennewick store

April 2, 2024 | businesswire.com

The TJX Companies, Inc. Announces 13% Increase in Common Stock Dividend

April 1, 2024 | msn.com

Macy's hasn't closed 150 stores yet. But Target, Kohl's CEOs already smell opportunity

March 30, 2024 | benzinga.com

Here's How Much $100 Invested In TJX Companies 15 Years Ago Would Be Worth Today

March 29, 2024 | msn.com

Marshalls, HomeGoods announce opening for new Parsippany locations at long-closed Kmart

March 29, 2024 | msn.com

TJ Maxx’s Noticeable Shift: A Major Change for Customers

March 28, 2024 | msn.com

Marshalls Announces Opening Date Of Relocated Parsippany Store

March 28, 2024 | msn.com

TJ Maxx makes major change customers will notice right away

March 26, 2024 | money.usnews.com

TJX Companies, Inc.

March 26, 2024 | forbes.com

NYFTLab Unveils The 2024 Cohort Of Six Women-Led B2B Retail Tech Startups In Partnership With Leading Retailers And Brands

See More Headlines

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Company Calendar

Ex-Dividend for 3/7 Dividend: 2/14/2024
Last Earnings: 2/28/2024
Dividend Payable: 3/07/2024
Today: 4/16/2024
Ex-Dividend for 6/6 Dividend: 5/15/2024
Next Earnings (Estimated): 5/15/2024
Dividend Payable: 6/06/2024
Fiscal Year End: 1/31/2025

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Retail/Wholesale
Industry: Family clothing stores
Sub-Industry: Apparel Retail
Current Symbol: NYSE:TJX
CUSIP: 87254010
CIK: 109198
Web: www.tjx.com
Phone: (508) 390-1000
Fax: 508-390-2828
Employees: 349,000
Year Founded: 1976

Price Target and Rating

Average Stock Price Target: $102.19
High Stock Price Target: $110.00
Low Stock Price Target: $86.00
Potential Upside/Downside: +9.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.80
Research Coverage: 15 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.86
Trailing P/E Ratio: 24.27
Forward P/E Ratio: 23.02
P/E Growth: 2.43
Net Income: $4.47 billion
Net Margins: 8.25%
Pretax Margin: 11.01%
Return on Equity: 64.18%
Return on Assets: 14.81%

Debt

Debt-to-Equity Ratio: 0.39
Current Ratio: 1.21
Quick Ratio: 0.64

Sales & Book Value

Annual Sales: $54.22 billion
Price / Sales: 1.96
Cash Flow: $4.77 per share
Price / Cash Flow: 19.63
Book Value: $6.41 per share
Price / Book: 14.62

Miscellaneous

Outstanding Shares: 1,132,970,000
Free Float: 1,131,501,000
Market Cap: $106.15 billion
Optionable: Optionable
Beta: 0.86

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Key Executives

Ms. Carol M. Meyrowitz (Age 70)
Executive Chairman
Comp: $4.87M
Mr. Ernie L. Herrman (Age 63)
CEO, President & Director
Comp: $9.63M
Mr. Kenneth Canestrari (Age 62)
Senior EVP & Group President
Comp: $3.1M
Mr. Bernard Cammarata (Age 84)
Founder & Executive Advisor
Comp: $541.93k
Mr. John Klinger (Age 59)
Senior Executive VP & CFO
Jeff Botte
Vice President of Investor Relations
Alicia C. Kelly
Executive VP, Secretary & General Counsel
Debra McConnell
Senior Vice President of Global Communications
Mr. Douglas W. Mizzi (Age 64)
Senior EVP & Group President
Ms. Louise Greenlees (Age 61)
Senior EVP & Group President

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

Should I Buy TJX Companies Stock? TJX Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in The TJX Companies, Inc.:

The TJX Companies, Inc. operates as an off-price apparel and home fashions retailer in multiple countries, providing geographic diversification for investors.
The company has a strong track record of profitability and growth, which can be appealing to investors looking for stable returns.
TJX's off-price business model allows it to offer discounted products, attracting budget-conscious consumers even during economic downturns.
With a diversified product range including family apparel, home fashions, jewelry, and accessories, TJX can capture a wide range of consumer preferences.
Investors may find the current stock price of TJX attractive for potential value investing opportunities.

Cons

Investors should be bearish about investing in The TJX Companies, Inc. for these reasons:

Despite its success, TJX faces competition from other retailers in the off-price segment, which could impact its market share and margins.
The retail industry is subject to changing consumer preferences and economic conditions, posing risks to TJX's sales and profitability.
Investing in retail stocks like TJX can be volatile due to factors like seasonal trends, fashion cycles, and consumer sentiment.
Global economic uncertainties and trade tensions may affect TJX's international operations and supply chain, impacting its financial performance.
Fluctuations in currency exchange rates can impact TJX's revenue and profitability, especially in its international markets.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, April 11, 2024. Please send any questions or comments about these TJX Companies pros and cons to contact@marketbeat.com.

TJX Stock Analysis - Frequently Asked Questions

Should I buy or sell TJX Companies stock right now?: 15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TJX Companies in the last twelve months. There are currently 3 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street 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?: 15 Wall Street analysts have issued 12-month price targets for TJX Companies' shares. Their TJX share price targets range from $86.00 to $110.00. On average, they anticipate the company's share price to reach $102.19 in the next twelve months. This suggests a possible upside of 9.4% 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 beginning of 2024. Since then, TJX stock has decreased by 0.4% and is now trading at $93.39.
View the best growth stocks for 2024 here.
When is TJX Companies' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 15th 2024.
View our TJX earnings forecast.
How were TJX Companies' earnings last quarter?: The TJX Companies, Inc. (NYSE:TJX) posted its quarterly earnings results on Wednesday, February, 28th. The apparel and home fashions retailer reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.12 by $0.10. The apparel and home fashions retailer earned $16.41 billion during the quarter, compared to analyst estimates of $16.20 billion. TJX Companies had a trailing twelve-month return on equity of 64.18% and a net margin of 8.25%. The company's quarterly revenue was up 13.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.89 EPS.
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 dividend on an annualized basis and a dividend yield of 1.61%. The ex-dividend date of this dividend is Wednesday, May 15th. This is a boost 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 $1.33 per share and currently has a dividend yield of 1.41%. 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 34.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TJX will have a dividend payout ratio of 29.89% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TJX.
What ETFs hold TJX Companies' stock?: ETFs with the largest weight of TJX Companies (NYSE:TJX) stock in their portfolio include VanEck Retail ETF (RTH), WBI BullBear Yield 3000 ETF (WBIG), iShares U.S. Consumer Focused ETF (IEDI), Consumer Discretionary Select Sector SPDR Fund (XLY), American Century STOXX U.S. Quality Growth ETF (QGRO), Emerge EMPWR Sustainable Select Growth Equity ETF (EMGC), Neuberger Berman Next Generation Connected Consumer ETF (NBCC) and First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL).

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 issued shares were distributed 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 announced that its Board of Directors has approved a share repurchase plan on Wednesday, February 28th 2024, which authorizes the company to buyback $2,500,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 2.2% of its stock through open market purchases. Stock buyback plans are often an indication that the company's leadership believes its shares are undervalued.
What guidance has TJX Companies issued on next quarter's earnings?: TJX Companies issued an update on its first quarter 2025 earnings guidance on Wednesday, February, 28th. The company provided earnings per share (EPS) guidance of 0.840-0.860 for the period, compared to the consensus earnings per share estimate of 0.870. 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 investors include Los Angeles Capital Management LLC (0.14%), Congress Asset Management Co. MA (0.10%), Confluence Investment Management LLC (0.08%), Wealth Enhancement Advisory Services LLC (0.06%), Ferguson Wellman Capital Management Inc. (0.05%) and Bath Savings Trust Co (0.04%). Insiders that own company stock include Amy B Lane, Carol Meyrowitz, Ernie Herrman, Kenneth Canestrari, Louise Greenlees, Richard Sherr, Scott Goldenberg and Zein Abdalla.
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 4/16/2024 by MarketBeat.com Staff

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