|Bid||52.10 x 3100|
|Ask||52.60 x 800|
|Day's Range||52.04 - 52.73|
|52 Week Range||39.86 - 56.64|
|Beta (3Y Monthly)||0.86|
|PE Ratio (TTM)||21.54|
|Earnings Date||May 20, 2019 - May 24, 2019|
|Forward Dividend & Yield||0.78 (1.49%)|
|1y Target Est||56.36|
Jim Cramer says the TJ Maxx parent could keep posting good numbers as one of the few retailers that has not been rocked by online competitors.
GE CEO Larry Culp, who was hired last October, earns an annualized total compensation of $20,086,327, up 222 percent from that earned in 2017 by his predecessor, former CEO John Flannery.
According to thredUP's 7th annual resale report, the secondhand apparel business is booming and is expected to hit $51 billion by 2023.
TJX Companies' (TJX) off-price model, strategic store locations and impressive brands boost the company's performance. However, high wage and freight costs as well as currency woes are deterrents.
To receive further updates on this TJX Companies, Inc. (NYSE:TJX) trade as well as an alert when it's time to take profits, sign up for a risk-free trial of Power Options Weekly today.This morning, I am recommending a bullish trade on TJX Companies, Inc. (NYSE:TJX), the parent company of Marshalls, HomeGoods, and TJ Maxx.Last Friday, I mentioned that my indicators are giving neutral readings, as the S&P 500 continues to run up against resistance just above the 2,800 level. Despite the upgrade from a more bearish market the week before, I recommended a bearish trade.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThis week, I'd like to branch out in case there is a push to the upside, and I think TJX is a strong candidate for a bullish long call option. Retail WoesTJX is an off-price retailer or a discounter, buying excess apparel and home goods from department stores and selling them at a lower price to consumers.In general, retail hasn't looked too strong the past few months. When looking at the SPDR S&P Retail ETF (NYSEARCA:XRT), we see it is trading between its 50- and 200- day moving averages.Daily Chart of SPDR S&P Retail ETF (XRT) -- Chart Source: TradingViewBack in February, news from the Commerce Department that retail sales in December were lower than expected caused analysts at JP Morgan (NYSE:JPM) to cut their growth estimates for the retail sector.But just because the retail sector is showing signs of weakness doesn't mean every retail stock has to follow, and I like TJX's technical picture. TJX has Outperformed its SectorOn the daily chart, we see that TJX has been trading above its 50- and 200-day moving averages consistently since late February.Daily Chart of TJX Companies, Inc. (TJX) -- Chart Source: TradingViewThere is some resistance at the $52.50 level, but recently the stock was able to jump above resistance just under $51. That level then acted as support in March.And though TJX missed earnings per share estimates for the fourth quarter, the company did boast increased same store sales during the holiday season. That means its fundamental picture looks better than the previously mentioned mid-February data would suggest.TJX could head higher in the current market environment, and I recommend a bullish call option to take advantage.Buy to open the TJX Companies, Inc. (TJX) July 19th $55 Calls (TJX190719C00550000) at $1.35 or lower.Follow our Facebook page to receive each Trade of the Day direct to your News Feed -- and join the conversation.InvestorPlace advisor Ken Trester brings you Power Options Weekly, which delivers 5 new options trades and his latest trading advice to you each Friday. Trester has been trading options since the first exchanges opened in 1973 with a winning streak that goes back to 1984 with money-doubling average annual profits since 1990.Compare Brokers The post TJX Could Continue Higher Despite the Retail Sector's Struggles appeared first on InvestorPlace.
U.S. retailers have already announced about 5,000 store closures since the beginning of 2019, but the amount of space that is opening up is quite manageable.
There are many retailers having success with bricks-and-mortar stores, Cramer told viewers during Wednesday's Mad Money program on CNBC, and TJX Cos., Inc. , parent of TJ Maxx, Marshall's and HomeGoods, is certainly one of them. Cramer explained that TJX is a discounter, which means the company buys up excess inventory from department stores, then sells it on the cheap to customers.
TJX (TJX) delivered earnings and revenue surprises of -13.24% and 0.92%, respectively, for the quarter ended April 2019. Do the numbers hold clues to what lies ahead for the stock?
"I have total confidence in the Boeing company to get to the bottom of this and to restore any trust lost in the company," CNBC's Jim Cramer says. Financial news have been "correctly" dominated by the Federal Aviation Administration 's order that Boeing BA 737 Max jets be grounded in the United States after two of the planes were involved in fatal crashes in less than five months, CNBC's Jim Cramer said Wednesday. "I have total confidence in the Boeing company to get to the bottom of this and to restore any trust lost in the company," he said.
Department store company Ross Stores Inc. plans to open approximately 100 new locations of its two off-price brands in fiscal year 2019, the company announced. The $14.1-billion Dublin, California-based company operates Ross Dress for Less and DD's Discounts stores.
TJX Companies Inc NYSE:TJXView full report here! Summary * Perception of the company's creditworthiness is neutral * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for TJX with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting TJX. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold TJX had net inflows of $4.47 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. TJX credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
The longest bull market in U.S. history turned 10 this past weekend. Here are the Massachusetts public companies that have gained the most in value over the past decade.
Burlington Stores shares plunged 16% last week after sales fell short of expectations last quarter. However, the company still has strong long-term growth prospects.
Kimco Realty's (KIM) high quality portfolio with scope for internal growth and improving credit metrics are viewed as positives by Fitch Ratings.
When you write about investing as much as I do, sometimes it takes a little divine intervention to come up with ideas. Sometimes, I'll borrow an idea from another writer. Recently, I saw an article about dividend stocks that have already increased their quarterly payment early in 2019. If you can't beat 'em, join 'em. Eric Volkman, the author in question, recommended PepsiCo (NASDAQ:PEP), Walmart (NYSE:WMT) and TJX (NYSE:TJX). All Dividend Aristocrats, I like the latter two. Pepsi not so much. InvestorPlace - Stock Market News, Stock Advice & Trading TipsHowever, I do appreciate the inspiration. Now, on to the task at hand. I'm looking for seven dividend stocks that I'd want to own that have announced a dividend increase in the first 64 days of the year. While they don't have to be in the S&P 500, nor do they have to be a Dividend Aristocrat, they should have a market cap higher than $2 billion.To help with diversification, I'll try to get one stock for seven different sectors. I can't guarantee that will be the case, but I'll give it my best shot. * 10 High-Yield Monthly Dividend Stocks So, without further ado, here are my seven dividend stocks to own now. EPR Properties (EPR)On Jan. 16, 2019, EPR Properties (NYSE:EPR) announced a 4.2% increase in its monthly cash dividend. Payable as of Feb. 15, the monthly dividend is now 37.5 cents or $4.50 on an annual basis. It is the company's ninth consecutive year increasing its dividend. In February 2018, I recommended the REIT that specializes in experiential real estate, to own in good times and bad. At the time, it was yielding 7.7%. As of Mar. 5, 2019, it's yielding 6.1%. That's because it has appreciated significantly over the past year. I've been a fan of EPR stock for a long time. I first recommended it in 2013 when it was trading in the $50s. In 2019, EPR expects to generate adjusted funds from operation (FFO) of at least $5.30 a share. With all the interesting experiential real estate it owns or is developing, I continue to believe it's a REIT to hold for the next 20 years. Fastenal (FAST)On Jan. 16, 2019, Fastenal (NASDAQ:FAST) announced a 3-cent increase in its quarterly dividend. Payable as of Feb. 27, the quarterly dividend is now 43 cents or $1.72 on an annual basis. As of Mar. 5, it yielded 2.8%. The company first paid an annual dividend in 1991. It went to semi-annual dividends in 2003, and finally to quarterly dividends in 2011. It has also paid out special dividends in 2010 and 2012. Fastenal is a wholesale distributor of industrial and construction supplies. Although I haven't covered the company in recent years, its results from fiscal 2018 suggest it's doing just fine. In 2018, Fastenal grew revenues by 13% to $5 billion. On the bottom line, it increased earnings by 30% to $752 million. Both the company's fastener and non-fastener products experienced healthy double-digit growth in 2018. * 10 Small-Cap Stocks That Look Like Bargains CEO Daniel Florness plans to double company sales to $10 billion. That ought to happen sometime in 2024. Perhaps earlier. BlackRock (BLK)On Jan. 16, 2019, BlackRock (NYSE:BLK) announced a 5% increase in its quarterly dividend to $3.30. Payable as of Mar. 21, the quarterly dividend works out to $13.20 on an annual basis. As of Mar. 5, it yielded 3.0%. BlackRock CEO Larry Fink has become almost as famous for his annual letter to CEOs as he has for building the owner of iShares ETFs into a global asset management powerhouse. Fink's 2019 letter was another classic. Here's the part that stands out for me: "Companies must embrace a greater responsibility to help workers navigate retirement, lending their expertise and capacity for innovation to solve this immense global challenge. In doing so, companies will create not just a more stable and engaged workforce, but also a more economically secure population in the places where they operate," Fink stated in BlackRock's 2019 Letter to CEOs. He's not shy to say what's on his mind. Some people don't like it. I do. I believe it's what sets BlackRock apart from other asset management and financial services firms. Stand up for the little guy, and the little guy will give it his or her all for management. It's a contract Fink believes should still exist within companies. I couldn't agree more. Penske Automotive (PAG) On Jan. 30, 2019, Penske Automotive Group (NYSE:PAG) announced a 1-cent increase in its quarterly dividend to 38 cents. Payable as of Mar. 1, the quarterly dividend works out to $1.52 on an annual basis. As of Mar. 5, it yielded 3.4%. A penny increase in the quarterly dividend might not seem like a lot, but it adds up. That's especially true when you've increased the dividend for 31 consecutive quarters. That's not a typo. There aren't many companies that are that consistent about their dividend. Of course, would you expect any less from Roger Penske, the King of motor racing?It hasn't been smooth motoring for PAG stock over the past 26 months with negative total returns of 5.3% and 12.8% in 2017 and 2018, respectively; it's nice to see Penske stock is up almost 9% year-to-date. * 7 Dow Jones Stocks to Buy I recommended PAG stock last August as one of seven dividend growth stocks to buy. Although it has gone slightly backward since then, I see its juicy 3.4% dividend yield as an excellent check to earn while you wait for its stock to revert to the mean. Brookfield Infrastructure Partners (BIP)On Feb. 6, 2019, Brookfield Infrastructure Partners (NYSE:BIP) announced a 6.9% increase in its quarterly dividend to 50 cents. Payable as of Mar. 29, the quarterly dividend works out to $2.01 on an annual basis. As of Mar. 5, it yielded 5%. Google the word "infrastructure," and you get 718 million results. Without infrastructure investments, economies wither and die. President Trump ran on an impressive platform in 2016 to grow the nation's infrastructure, but very little has been done. That's because America is broke and infrastructure is a costly adventure. It's not for the faint of heart, hence the 5% dividend yield.In fiscal 2018, BIP saw funds from operations (FFO) increase by 5% to $1.23 billion. Leading the charge was its energy business, which saw FFO increase by almost 29% in the past year. A significant part of the increase was the result of the company's investment in a Canadian midstream business as well as a North American residential energy infrastructure company. Like its affiliated former parent, Brookfield Asset Management (NYSE:BAM), BIP's goal is to acquire assets at a reasonable price, get them operating both efficiently and profitably, and then sell those assets when prices are high. Then take the proceeds and do it again. Rince and repeat. Church & Dwight (CHD)On Feb. 5, 2019, Church & Dwight (NYSE:CHD) announced a 4.6% increase in its quarterly dividend to 22.75 cents. Payable as of Mar. 1, the quarterly dividend works out to 91 cents on an annual basis. As of Mar. 5, it yielded 1.4%. What the maker of Arm & Hammer baking soda fails to provide in terms of dividend yield, it more than makes up for it with lots of capital appreciation. Year-to-date, CHD stock is up 0.54%. Off to a slow start in 2019, Church & Dwight stock is in danger of a losing year, the first in more than a decade. Over the past ten years, CHD's delivered an annualized total return of 19.6%, 250 basis points higher than the S&P 500. * 7 Stocks That Should Be Worried About a Data Dividend That is why I believe Church & Dwight is the best consumer staples stock for investors to own for the long haul. Best Buy (BBY) On Feb. 27, 2019, Best Buy (NYSE:BBY) announced an 11% increase in its quarterly dividend to 50 cents. Payable as of April 10, the quarterly dividend works out to $2 on an annual basis. As of Mar. 5, it yielded 3%. With the 11% increase, Best Buy has now increased its annual dividend payment for six consecutive years. It has also paid a dividend for 61 straight quarters. Best Buy's past issues including its ongoing fight with Amazon (NASDAQ:AMZN) appear to be very much in the rear window.In 2018, Best Buy grew same-store sales by 4.8%, overall revenues increased 1.7% to $42.9 billion, and earnings-per-share on a non-GAAP basis increased by 20.4% to $5.32 a share. In 2019, it expects to generate at least $5.45 a share in earnings on $42.9 billion in revenue. It might not be massive growth, but considering its shares were trading around $12 in 2012, it has come a long way. When I wrote about Best Buy in August 2013, it had online sales that accounted for 6.1% of its overall revenue. Today, it's 21.9% or almost four times as much. It's one of the best comeback stories of the 21st century. As of this writing, Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks That Should Be Worried About a Data Dividend * 5 Cheap ETFs Worth Considering * 7 Cheap Stocks Under $5 That Could Soar Compare Brokers The post 7 Dividend Stocks Already Rewarding Shareholders In 2019 appeared first on InvestorPlace.
Dollar Tree continues to struggle to turn its Family Dollar business around. Now Starboard's Jeff Smith is stepping in to change that.
Ross Stores Stock Down on Cautious OutlookFourth-quarter performance Ross Stores (ROST) stock fell 3.2% in after-hours trading on March 5. Ross Stores announced better-than-expected sales for the fiscal 2018 fourth quarter after the markets closed
Ross Dress For Less is opening a new store in the Triad. Allison Wiggs of Rivercrest Realty Investors of Raleigh confirmed that Ross would fill an approximately 25,000-square-foot space previously occupied by Staples, which left in November. Employees at Ross' existing Winston-Salem store on Hanes Mall Boulevard told Triad Business Journal the new store was expected to open in June.
Shares of U.S. retail and consumer goods companies appear set to emerge largely unscathed from the trade dispute between the United States and China. The current U.S. tariffs on $200 billion worth of Chinese imports were scheduled to increase to 25 percent from 10 percent if a trade deal were not reached by March 1. Last week U.S. President Donald Trump announced an extension of that deadline, and the United States and China have reportedly moved close to a deal that would roll back the tariffs altogether.
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. Unfortunately, there are also plenty of examples of share pricesRead More...