Q3 Earnings Forecast for Ross Stores Issued By William Blair

Ross Stores, Inc. (NASDAQ:ROST - Free Report) - William Blair dropped their Q3 2026 earnings estimates for Ross Stores in a report released on Wednesday, March 5th. William Blair analyst D. Carden now anticipates that the apparel retailer will post earnings per share of $1.51 for the quarter, down from their prior estimate of $1.58. The consensus estimate for Ross Stores' current full-year earnings is $6.17 per share. William Blair also issued estimates for Ross Stores' FY2026 earnings at $6.27 EPS.

Ross Stores (NASDAQ:ROST - Get Free Report) last posted its quarterly earnings results 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 analysts' expectations of $5.95 billion. Ross Stores had a net margin of 9.95% and a return on equity of 41.83%.

Other analysts have also issued research reports about the stock. Evercore ISI cut their price objective on shares of Ross Stores from $175.00 to $170.00 and set an "outperform" rating on the stock in a research note on Wednesday. BMO Capital Markets cut their price objective on shares of Ross Stores from $168.00 to $156.00 and set an "outperform" rating on the stock in a research note on Wednesday. UBS Group cut their price objective on shares of Ross Stores from $168.00 to $163.00 and set a "neutral" rating on the stock in a research note on Wednesday. Robert W. Baird cut their price objective on shares of Ross Stores from $175.00 to $160.00 and set an "outperform" rating on the stock in a research note on Wednesday. Finally, JPMorgan Chase & Co. increased their price objective on shares of Ross Stores from $171.00 to $173.00 and gave the stock an "overweight" rating in a research note on Friday, November 22nd. Seven analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Ross Stores has an average rating of "Moderate Buy" and an average target price of $163.07.

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Ross Stores Stock Performance

Shares of NASDAQ:ROST traded down $1.93 during midday trading on Friday, reaching $135.96. The company's stock had a trading volume of 4,252,671 shares, compared to its average volume of 2,583,287. The firm has a market capitalization of $44.86 billion, a PE ratio of 21.41, a P/E/G ratio of 2.13 and a beta of 1.15. Ross Stores has a twelve month low of $127.53 and a twelve month high of $163.60. The stock has a fifty day moving average of $145.37 and a 200 day moving average of $147.49. The company has a quick ratio of 0.98, a current ratio of 1.57 and a debt-to-equity ratio of 0.29.

Institutional Trading of Ross Stores

Institutional investors have recently modified their holdings of the stock. Hahn Capital Management LLC grew its position in shares of Ross Stores by 40.9% in the fourth quarter. Hahn Capital Management LLC now owns 74,059 shares of the apparel retailer's stock valued at $11,203,000 after purchasing an additional 21,500 shares during the period. Sovran Advisors LLC acquired a new stake in shares of Ross Stores in the fourth quarter valued at about $269,000. Oak Ridge Investments LLC grew its position in shares of Ross Stores by 10.6% in the fourth quarter. Oak Ridge Investments LLC now owns 115,849 shares of the apparel retailer's stock valued at $17,524,000 after purchasing an additional 11,060 shares during the period. Nordea Investment Management AB grew its position in shares of Ross Stores by 137.7% in the fourth quarter. Nordea Investment Management AB now owns 1,976,140 shares of the apparel retailer's stock valued at $299,583,000 after purchasing an additional 1,144,774 shares during the period. Finally, Czech National Bank lifted its stake in shares of Ross Stores by 5.9% in the fourth quarter. Czech National Bank now owns 71,933 shares of the apparel retailer's stock worth $10,881,000 after buying an additional 3,981 shares in the last quarter. Institutional investors and hedge funds own 86.86% of the company's stock.

Ross Stores Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Tuesday, March 18th will be given a $0.405 dividend. This is a positive change from Ross Stores's previous quarterly dividend of $0.37. The ex-dividend date of this dividend is Tuesday, March 18th. This represents a $1.62 annualized dividend and a dividend yield of 1.19%. Ross Stores's dividend payout ratio (DPR) 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.