Q3 Earnings Estimate for Ross Stores Issued By William Blair

Ross Stores, Inc. (NASDAQ:ROST) – Equities research analysts at William Blair dropped their Q3 2026 earnings per share estimates for shares of Ross Stores in a research report issued 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 forecast 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) last released its earnings results on Tuesday, March 4th. The apparel retailer reported $1.79 EPS for the quarter, beating the consensus estimate of $1.65 by $0.14. The firm 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 also recently issued research reports about the company. Citigroup downgraded 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 research report on Tuesday, November 12th. Evercore ISI cut 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 note on Wednesday. Telsey Advisory Group cut their price target on shares of Ross Stores from $175.00 to $150.00 and set a “market perform” rating for the company in a research note on Wednesday. Sanford C. Bernstein restated a “market perform” rating and set a $165.00 price target (down previously from $178.00) on shares of Ross Stores in a research note on Tuesday, January 7th. Finally, UBS Group cut their price target on shares of Ross Stores from $168.00 to $163.00 and set a “neutral” rating for the company in a research note 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 company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $163.07.

Ross Stores Stock Down 1.4 %

NASDAQ ROST opened at $135.96 on Friday. Ross Stores has a twelve month low of $127.53 and a twelve month high of $163.60. The stock has a market cap of $44.86 billion, a PE ratio of 21.41, a PEG ratio of 2.13 and a beta of 1.15. The firm has a 50-day simple moving average of $145.37 and a 200 day simple moving average of $147.49. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.98 and a current ratio of 1.57.

Institutional Trading of Ross Stores

A number of institutional investors have recently bought and sold shares of ROST. Norges Bank acquired a new stake in Ross Stores during the 4th quarter worth $649,318,000. Price T Rowe Associates Inc. MD boosted its position in shares of Ross Stores by 25.7% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 19,515,891 shares of the apparel retailer’s stock worth $2,952,170,000 after purchasing an additional 3,995,760 shares in the last quarter. Wealthfront Advisers LLC boosted its position in shares of Ross Stores by 8,209.0% during the fourth quarter. Wealthfront Advisers LLC now owns 2,381,201 shares of the apparel retailer’s stock worth $360,204,000 after purchasing an additional 2,352,543 shares in the last quarter. Madison Investment Advisors LLC bought a new position in shares of Ross Stores during the fourth quarter worth $230,204,000. Finally, Wellington Management Group LLP boosted its position in shares of Ross Stores by 64.0% during the third quarter. Wellington Management Group LLP now owns 3,862,684 shares of the apparel retailer’s stock worth $581,373,000 after purchasing an additional 1,507,922 shares in the last quarter. Institutional investors and hedge funds own 86.86% of the company’s stock.

Ross Stores Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Tuesday, March 18th will be issued a dividend of $0.405 per share. This represents a $1.62 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date of this dividend is Tuesday, March 18th. This is a positive change from Ross Stores’s previous quarterly dividend of $0.37. Ross Stores’s payout ratio is currently 25.63%.

About Ross Stores

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.