Ross Stores Q1 EPS Estimate Reduced by Telsey Advisory Group

Ross Stores, Inc. (NASDAQ:ROST) – Research analysts at Telsey Advisory Group reduced their Q1 2026 earnings estimates for shares of Ross Stores in a research note issued to investors on Wednesday, March 5th. Telsey Advisory Group analyst D. Telsey now expects that the apparel retailer will earn $1.47 per share for the quarter, down from their previous forecast of $1.56. Telsey Advisory Group has a “Market Perform” rating and a $150.00 price target 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.

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

ROST has been the subject of a number of other reports. Morgan Stanley cut their target price on Ross Stores from $140.00 to $130.00 and set an “equal weight” rating for the company in a research note on Wednesday. Evercore ISI reduced their price target on shares of Ross Stores from $175.00 to $170.00 and set an “outperform” rating for the company in a research report on Wednesday. BMO Capital Markets lowered their price target on Ross Stores from $168.00 to $156.00 and set an “outperform” rating on the stock in a report on Wednesday. Citigroup cut Ross Stores from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $179.00 to $152.00 in a report on Tuesday, November 12th. Finally, Loop Capital lowered their target price on Ross Stores from $190.00 to $175.00 and set a “buy” rating on the stock in a report on Wednesday. Eight research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Ross Stores has an average rating of “Moderate Buy” and a consensus price target of $162.12.

Ross Stores Stock Up 2.0 %

Shares of Ross Stores stock opened at $138.64 on Thursday. The company has a market cap of $45.74 billion, a P/E ratio of 21.83, a PEG ratio of 2.13 and a beta of 1.10. The firm has a fifty day moving average of $146.03 and a two-hundred day moving average of $147.64. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.98 and a current ratio of 1.57. Ross Stores has a one year low of $127.53 and a one year high of $163.60.

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 is an increase from Ross Stores’s previous quarterly dividend of $0.37. This represents a $1.62 annualized dividend and a yield of 1.17%. The ex-dividend date of this dividend is Tuesday, March 18th. Ross Stores’s dividend payout ratio is currently 23.15%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of ROST. Stephens Inc. AR grew its stake in shares of Ross Stores by 5.2% during the third quarter. Stephens Inc. AR now owns 2,328 shares of the apparel retailer’s stock valued at $350,000 after acquiring an additional 115 shares in the last quarter. Farther Finance Advisors LLC grew its stake in Ross Stores by 53.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,560 shares of the apparel retailer’s stock valued at $385,000 after purchasing an additional 894 shares in the last quarter. Chicago Partners Investment Group LLC increased its holdings in Ross Stores by 22.2% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 1,995 shares of the apparel retailer’s stock worth $290,000 after purchasing an additional 363 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in Ross Stores by 2.3% during the 3rd quarter. Janney Montgomery Scott LLC now owns 40,488 shares of the apparel retailer’s stock worth $6,094,000 after purchasing an additional 908 shares during the last quarter. Finally, Van ECK Associates Corp raised its position in shares of Ross Stores by 2.9% in the 3rd quarter. Van ECK Associates Corp now owns 46,853 shares of the apparel retailer’s stock valued at $6,805,000 after purchasing an additional 1,301 shares in the last quarter. Institutional investors and hedge funds own 86.86% of the company’s stock.

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.