S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Are We in a Bear Market? Here are the Signs
2 Dollar Stores Taking Different Paths to Profitability
S&P 500 Valuations Hit New Highs: Anticipating a Market Pullback?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Are We in a Bear Market? Here are the Signs
2 Dollar Stores Taking Different Paths to Profitability
S&P 500 Valuations Hit New Highs: Anticipating a Market Pullback?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Are We in a Bear Market? Here are the Signs
2 Dollar Stores Taking Different Paths to Profitability
S&P 500 Valuations Hit New Highs: Anticipating a Market Pullback?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Are We in a Bear Market? Here are the Signs
2 Dollar Stores Taking Different Paths to Profitability
S&P 500 Valuations Hit New Highs: Anticipating a Market Pullback?
NYSE:TJX

TJX Companies (TJX) Stock Price, News & Analysis

$96.23
-1.32 (-1.35%)
(As of 03/18/2024 ET)
Today's Range
$96.16
$97.55
50-Day Range
$93.08
$101.09
52-Week Range
$73.65
$102.84
Volume
4.78 million shs
Average Volume
5.61 million shs
Market Capitalization
$109.09 billion
P/E Ratio
24.93
Dividend Yield
1.38%
Price Target
$102.19

TJX Companies MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
6.2% Upside
$102.19 Price Target
Short Interest
Healthy
1.19% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.95
Upright™ Environmental Score
News Sentiment
0.54mentions of TJX Companies in the last 14 days
Based on 21 Articles This Week
Insider Trading
Selling Shares
$266,248 Sold Last Quarter
Proj. Earnings Growth
9.36%
From $4.06 to $4.44 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.

3.80 out of 5 stars

Retail/Wholesale Sector

69th out of 206 stocks

Family Clothing Stores Industry

4th 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. The TJX Companies, Inc. was incorporated in 1962 and is headquartered in Framingham, Massachusetts.

TJX Stock Price History

TJX Stock News Headlines

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Watch for Tech Giants to Boost Share Buybacks in 2024 (TJX)
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Williams-Sonoma increased its dividend by 25% and raised the share repurchases by $1 billion, sparking new highs for the stock. How high can it get?
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The stock market has absolutely, 100% priced in a rate cut. The market has been expecting a rate cut for more than a year and is, in fact, pricing in a soft landing and sustained economic growth.
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The S&P 500 advances after hot inflation data as traders and investors misprice the timing of the Fed's first interest rate cut in years.
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Kohl's is set up to rally strongly following the Q4 release. Analysts underestimate the off-price retailer and institutions are loading up.
TJX Companies Stock: Take Profits or Buy the Dip?
TJX Companies NYSE: TJX rallied strongly over the last few months but peaked following the Q4 release. The post-earnings action forms an ominous candle pattern that could lead to a significant correction.
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TJX Companies Stock: Take Profits or Buy the Dip?
TJX Companies' dividend yield is below average but safe, reliable, and growing. Share repurchases compound value for shareholders, and analysts raise targets.
TJX Jan 2025 42.500 call
TJX Mar 2024 106.000 call
TJX Jun 2024 60.000 call
TJX enjoys FY sales, profit surge
CEO's TJX Companies Stake Soars Despite Trim
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
3/19/2024
Next Earnings (Estimated)
5/15/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Family clothing stores
Sub-Industry
Apparel Retail
CUSIP
87254010
Employees
329,000
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
+6.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
15 Analysts

Profitability

Net Income
$4.47 billion
Pretax Margin
11.01%

Debt

Sales & Book Value

Annual Sales
$54.22 billion
Cash Flow
$4.56 per share
Book Value
$6.44 per share

Miscellaneous

Outstanding Shares
1,133,590,000
Free Float
1,132,113,000
Market Cap
$109.09 billion
Optionable
Optionable
Beta
0.86

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

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of TJX Companies was last updated on Monday, March 18, 2024 at 12:01 AM.

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, which could attract budget-conscious consumers looking for quality products at discounted prices.
  • The company has a diversified geographic presence across the United States, Canada, Europe, and Australia, providing opportunities for growth and market expansion.
  • TJX's multiple segments, including Marmaxx, HomeGoods, TJX Canada, and TJX International, offer a wide range of product categories, reducing dependency on a single market segment.
  • Recent positive financial performance and stock price growth indicate investor confidence in the company's strategies and potential for future profitability.
  • The off-price retail model of TJX allows for flexibility in inventory management and quick adaptation to changing consumer preferences, potentially leading to higher margins.

Cons

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

  • The retail industry is highly competitive and susceptible to economic downturns, which could impact TJX's sales and profitability.
  • Changes in consumer spending patterns or preferences may affect the demand for off-price retail products, potentially leading to sales fluctuations.
  • Global economic uncertainties or geopolitical events could disrupt supply chains and impact TJX's operations and financial performance.
  • Increased online competition and the shift towards e-commerce may pose challenges for TJX's brick-and-mortar retail model, affecting store traffic and sales.
  • Fluctuations in commodity prices, currency exchange rates, or interest rates could impact TJX's costs and margins, affecting overall financial health.

TJX Stock Analysis - Frequently Asked Questions

Should I buy or sell TJX Companies stock right now?

15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TJX Companies in the last year. There are currently 3 hold ratings and 12 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?

15 brokers have issued 12 month price objectives for TJX Companies' shares. Their TJX share price targets range from $86.00 to $110.00. On average, they expect the company's share price to reach $102.19 in the next twelve months. This suggests a possible upside of 6.2% 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 increased by 2.6% and is now trading at $96.23.
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) issued its quarterly earnings data on Wednesday, February, 28th. The apparel and home fashions retailer reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.12 by $0.10. The apparel and home fashions retailer earned $16.41 billion during the quarter, compared to analysts' expectations of $16.20 billion. TJX Companies had a net margin of 8.25% and a trailing twelve-month return on equity of 64.18%. TJX Companies's revenue for the quarter was up 13.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.89 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 announced a quarterly dividend on Tuesday, November 28th. Investors of record on Thursday, February 15th will be given a dividend of $0.3325 per share on Thursday, March 7th. This represents a $1.33 annualized dividend and a dividend yield of 1.38%. The ex-dividend date is Wednesday, February 14th.
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 1.36%. The company has been increasing its dividend for 2 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 29.95% 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?

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 issued to shareholders after the market closes 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 has authorized a stock buyback program on Wednesday, February 28th 2024, which permits the company to repurchase $2,500,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 2.2% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board of directors 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 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 variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.44%), Vanguard Group Inc. (8.49%), Wellington Management Group LLP (4.53%), Capital International Investors (1.57%), Royal Bank of Canada (1.25%) and Primecap Management Co. CA (1.18%). 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
This page (NYSE:TJX) was last updated on 3/19/2024 by MarketBeat.com Staff

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