Brokers Issue Forecasts for Ross Stores Q1 Earnings

Ross Stores, Inc. (NASDAQ:ROST) – Equities researchers at Telsey Advisory Group reduced their Q1 2026 earnings estimates for shares of Ross Stores in a research report issued on Wednesday, March 5th. Telsey Advisory Group analyst D. Telsey now forecasts that the apparel retailer will earn $1.47 per share for the quarter, down from their prior estimate of $1.56. Telsey Advisory Group currently has a “Market Perform” rating and a $150.00 target price on the stock. The consensus estimate for Ross Stores’ current full-year earnings is $6.17 per share. Telsey Advisory Group also issued estimates for Ross Stores’ Q2 2026 earnings at $1.66 EPS, Q3 2026 earnings at $1.57 EPS, Q4 2026 earnings at $1.84 EPS, FY2026 earnings at $6.54 EPS and FY2027 earnings at $7.12 EPS.

A number of other equities research analysts have also weighed in on ROST. JPMorgan Chase & Co. boosted their target price on shares of Ross Stores from $171.00 to $173.00 and gave the stock an “overweight” rating in a report on Friday, November 22nd. StockNews.com cut Ross Stores from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th. BMO Capital Markets decreased their price target on shares of Ross Stores from $168.00 to $156.00 and set an “outperform” rating for the company in a research note on Wednesday. Citigroup lowered Ross Stores from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $179.00 to $152.00 in a research report on Tuesday, November 12th. Finally, Wells Fargo & Company dropped their price target on shares of Ross Stores from $165.00 to $140.00 and set an “equal weight” rating on the stock in a research report on Wednesday. Seven analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $163.07.

Ross Stores Price Performance

Shares of ROST opened at $137.89 on Thursday. The business has a 50-day simple moving average of $145.71 and a two-hundred day simple moving average of $147.57. Ross Stores has a 12-month low of $127.53 and a 12-month high of $163.60. 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 stock has a market cap of $45.49 billion, a PE ratio of 21.71, a PEG ratio of 2.13 and a beta of 1.10.

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

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Peapack Gladstone Financial Corp lifted its stake in shares of Ross Stores by 1.8% during the 3rd quarter. Peapack Gladstone Financial Corp now owns 3,910 shares of the apparel retailer’s stock valued at $588,000 after buying an additional 70 shares in the last quarter. Howe & Rusling Inc. boosted its stake in Ross Stores by 1.9% during the third quarter. Howe & Rusling Inc. now owns 3,986 shares of the apparel retailer’s stock valued at $600,000 after buying an additional 73 shares during the period. Forum Financial Management LP boosted its position in shares of Ross Stores by 5.3% during the 4th quarter. Forum Financial Management LP now owns 1,474 shares of the apparel retailer’s stock valued at $223,000 after acquiring an additional 74 shares during the last quarter. Brown Brothers Harriman & Co. lifted its position in Ross Stores by 19.1% during the third quarter. Brown Brothers Harriman & Co. now owns 473 shares of the apparel retailer’s stock valued at $71,000 after purchasing an additional 76 shares during the last quarter. Finally, Alhambra Investment Management LLC lifted its holdings in shares of Ross Stores by 5.2% during the 4th quarter. Alhambra Investment Management LLC now owns 1,549 shares of the apparel retailer’s stock worth $234,000 after acquiring an additional 76 shares during the last quarter. Hedge funds and other institutional investors own 86.86% of the company’s stock.

Ross Stores Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Tuesday, March 18th will be issued a $0.405 dividend. This represents a $1.62 dividend on an annualized basis and a dividend yield of 1.17%. The ex-dividend date is Tuesday, March 18th. This is a boost from Ross Stores’s previous quarterly dividend of $0.37. Ross Stores’s payout ratio is 23.15%.

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.