The TJX Companies, Inc. (TJX) to Issue Quarterly Dividend of $0.43 on March 5th

The TJX Companies, Inc. (NYSE:TJX) declared a quarterly dividend on Tuesday, December 9th. Shareholders of record on Thursday, February 12th will be paid a dividend of 0.425 per share by the apparel and home fashions retailer on Thursday, March 5th. This represents a c) dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Thursday, February 12th.

TJX Companies has raised its dividend by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 5 years. TJX Companies has a payout ratio of 34.3% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect TJX Companies to earn $4.58 per share next year, which means the company should continue to be able to cover its $1.70 annual dividend with an expected future payout ratio of 37.1%.

TJX Companies Trading Up 0.2%

TJX opened at $156.11 on Tuesday. The company has a quick ratio of 0.43, a current ratio of 1.09 and a debt-to-equity ratio of 0.20. The stock’s fifty day moving average is $154.27 and its two-hundred day moving average is $145.13. The company has a market capitalization of $173.36 billion, a P/E ratio of 34.46, a PEG ratio of 2.98 and a beta of 0.74. TJX Companies has a 52 week low of $112.10 and a 52 week high of $159.48.

TJX Companies (NYSE:TJX) last posted its quarterly earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.22 by $0.06. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.The business had revenue of $15.12 billion for the quarter, compared to the consensus estimate of $14.80 billion. During the same quarter in the prior year, the company earned $1.14 EPS. The business’s revenue was up 7.5% compared to the same quarter last year. TJX Companies has set its Q4 2026 guidance at 1.330-1.360 EPS and its FY 2026 guidance at 4.630-4.660 EPS. Analysts forecast that TJX Companies will post 4.18 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have weighed in on TJX shares. Deutsche Bank Aktiengesellschaft set a $184.00 target price on TJX Companies in a report on Thursday, January 8th. JPMorgan Chase & Co. raised their target price on shares of TJX Companies from $150.00 to $154.00 and gave the company an “overweight” rating in a research note on Thursday, November 20th. UBS Group reaffirmed a “buy” rating and issued a $193.00 price target (up from $181.00) on shares of TJX Companies in a report on Thursday, January 8th. Barclays set a $172.00 price objective on TJX Companies and gave the company an “overweight” rating in a report on Thursday, December 4th. Finally, Morgan Stanley restated an “overweight” rating and set a $162.00 target price (up from $159.00) on shares of TJX Companies in a research note on Thursday, November 20th. Two analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the stock. Based on data from MarketBeat.com, TJX Companies presently has an average rating of “Buy” and a consensus target price of $163.86.

TJX Companies Company Profile

TJX Companies, Inc is a leading off-price retailer of apparel, footwear, home fashions and other consumer goods. The company operates multiple retail concepts that offer discounted brand-name and designer merchandise, including well-known banners such as T.J. Maxx and Marshalls in the United States, HomeGoods for home furnishings, TK Maxx in parts of Europe, and Winners and Homesense in Canada. Merchandise categories span women’s, men’s and children’s apparel, accessories, beauty, home décor, kitchenware and small furniture, with frequent changes in assortment that create a “treasure-hunt” shopping experience for consumers.

The company’s business model centers on opportunistic buying, purchasing excess, irregular or out-of-season inventory from manufacturers, department stores and other suppliers, and passing savings to customers through lower prices.