Ross Stores, Inc. (ROST) To Go Ex-Dividend on June 9th

Ross Stores, Inc. (NASDAQ:ROST) declared a quarterly dividend on Wednesday, May 20th. Investors of record on Tuesday, June 9th will be paid a dividend of 0.445 per share by the apparel retailer on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Tuesday, June 9th.

Ross Stores has raised its dividend payment by an average of 0.4%annually over the last three years and has raised its dividend every year for the last 6 years. Ross Stores has a dividend payout ratio of 26.3% meaning its dividend is sufficiently covered by earnings. Analysts expect Ross Stores to earn $8.09 per share next year, which means the company should continue to be able to cover its $1.78 annual dividend with an expected future payout ratio of 22.0%.

Ross Stores Stock Down 0.3%

Shares of NASDAQ:ROST opened at $217.19 on Friday. The business has a fifty day simple moving average of $218.62 and a 200 day simple moving average of $196.78. Ross Stores has a 12-month low of $124.49 and a 12-month high of $231.16. The company has a quick ratio of 1.04, a current ratio of 1.58 and a debt-to-equity ratio of 0.16. The firm has a market cap of $69.97 billion, a P/E ratio of 32.86, a P/E/G ratio of 2.88 and a beta of 0.87.

Ross Stores (NASDAQ:ROST) last posted its quarterly earnings data on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share for the quarter, topping the consensus estimate of $1.73 by $0.29. Ross Stores had a return on equity of 36.70% and a net margin of 9.43%.The firm had revenue of $6.01 billion during the quarter, compared to analyst estimates of $5.64 billion. During the same period last year, the company posted $1.47 EPS. The business’s quarterly revenue was up 20.6% on a year-over-year basis. Ross Stores has set its FY 2026 guidance at 7.500-7.740 EPS and its Q2 2026 guidance at 1.850-1.930 EPS. Analysts predict that Ross Stores will post 7.37 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Zacks Research lowered Ross Stores from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 2nd. Telsey Advisory Group reissued an “outperform” rating and issued a $240.00 price objective on shares of Ross Stores in a research report on Thursday, March 26th. Truist Financial assumed coverage on Ross Stores in a research report on Monday. They issued a “buy” rating and a $270.00 price objective for the company. JPMorgan Chase & Co. lifted their price objective on Ross Stores from $248.00 to $251.00 and gave the stock an “overweight” rating in a research report on Monday. Finally, Citigroup lifted their price objective on Ross Stores from $240.00 to $261.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Seventeen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $218.56.

Ross Stores Company Profile

Ross Stores, Inc (NASDAQ: ROST) is an American off‑price retailer headquartered in Dublin, California, that operates the Ross Dress for Less and dd’s DISCOUNTS store formats. The company sells a broad assortment of apparel, footwear, home fashions, accessories and other soft goods, positioning itself as a value-oriented destination for brand‑name and fashion merchandise at reduced prices.

Ross’s business model centers on opportunistic buying of excess inventory, closeouts, cancelled orders and overstocks from manufacturers, department stores and other suppliers.