Q1 EPS Estimates for Ross Stores Decreased by Zacks Research

Ross Stores, Inc. (NASDAQ:ROST) – Stock analysts at Zacks Research lowered their Q1 2026 earnings per share (EPS) estimates for Ross Stores in a report released on Thursday, March 13th. Zacks Research analyst R. Lohia now expects that the apparel retailer will earn $1.42 per share for the quarter, down from their previous estimate of $1.54. The consensus estimate for Ross Stores’ current full-year earnings is $6.17 per share. Zacks Research also issued estimates for Ross Stores’ Q2 2026 earnings at $1.62 EPS, Q3 2026 earnings at $1.54 EPS, Q4 2026 earnings at $1.80 EPS, FY2026 earnings at $6.38 EPS, Q1 2027 earnings at $1.54 EPS, Q2 2027 earnings at $1.79 EPS, Q3 2027 earnings at $1.69 EPS, Q4 2027 earnings at $1.90 EPS, FY2027 earnings at $6.91 EPS and FY2028 earnings at $7.17 EPS.

Ross Stores (NASDAQ:ROST) last posted its quarterly earnings data on Tuesday, March 4th. The apparel retailer reported $1.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.65 by $0.14. The business had revenue of $5.91 billion during the quarter, compared to the consensus estimate of $5.95 billion. Ross Stores had a return on equity of 41.83% and a net margin of 9.95%.

A number of other research firms also recently weighed in on ROST. Guggenheim restated a “buy” rating and issued a $180.00 price target on shares of Ross Stores in a research note on Friday, November 22nd. Barclays set a $150.00 price target on Ross Stores in a report on Wednesday, March 5th. BMO Capital Markets dropped their price target on Ross Stores from $168.00 to $156.00 and set an “outperform” rating for the company in a report on Wednesday, March 5th. Loop Capital dropped their price target on Ross Stores from $190.00 to $175.00 and set a “buy” rating for the company in a report on Wednesday, March 5th. Finally, Morgan Stanley dropped their price target on Ross Stores from $140.00 to $130.00 and set an “equal weight” rating for the company in a report on Wednesday, March 5th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $161.40.

Ross Stores Stock Down 1.5 %

ROST stock opened at $123.71 on Monday. The company has a quick ratio of 0.98, a current ratio of 1.57 and a debt-to-equity ratio of 0.29. The business has a 50 day moving average price of $141.70 and a two-hundred day moving average price of $146.15. The company has a market cap of $40.82 billion, a price-to-earnings ratio of 19.48, a P/E/G ratio of 2.13 and a beta of 1.15. Ross Stores has a twelve month low of $122.77 and a twelve month high of $163.60.

Hedge Funds Weigh In On Ross Stores

A number of institutional investors have recently modified their holdings of ROST. Principal Financial Group Inc. raised its holdings in shares of Ross Stores by 8.3% during the 3rd quarter. Principal Financial Group Inc. now owns 1,965,695 shares of the apparel retailer’s stock worth $295,857,000 after buying an additional 151,255 shares in the last quarter. GSA Capital Partners LLP bought a new stake in Ross Stores during the 3rd quarter worth $392,000. Oppenheimer Asset Management Inc. grew its position in Ross Stores by 61.3% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 6,567 shares of the apparel retailer’s stock worth $988,000 after acquiring an additional 2,495 shares during the last quarter. Curi RMB Capital LLC grew its position in Ross Stores by 13.0% during the 3rd quarter. Curi RMB Capital LLC now owns 1,744 shares of the apparel retailer’s stock worth $262,000 after acquiring an additional 201 shares during the last quarter. Finally, Natixis Advisors LLC grew its position in Ross Stores by 8.8% during the 3rd quarter. Natixis Advisors LLC now owns 666,450 shares of the apparel retailer’s stock worth $100,307,000 after acquiring an additional 54,037 shares during the last quarter. Institutional investors and hedge funds own 86.86% of the company’s stock.

Ross Stores Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Tuesday, March 18th will be issued a dividend of $0.405 per share. The ex-dividend date of this dividend is Tuesday, March 18th. This represents a $1.62 dividend on an annualized basis and a dividend yield of 1.31%. This is a boost from Ross Stores’s previous quarterly dividend of $0.37. Ross Stores’s payout ratio is 25.63%.

Ross Stores Company Profile

Ross Stores, Inc, together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd’s DISCOUNTS brand names in the United States. Its stores primarily offer apparel, accessories, footwear, and home fashions. The company’s Ross Dress for Less stores sell its products at department and specialty stores to middle income households; and dd’s DISCOUNTS stores sell its products at department and discount stores for households with moderate income.