Erste Group Bank Lifts Earnings Estimates for Ross Stores

Posted by Brenda Bartman on Aug 11th, 2026

Ross Stores, Inc. (NASDAQ:ROST – Free Report) – Investment analysts at Erste Group Bank lifted their FY2027 earnings per share estimates for Ross Stores in a research note issued on Wednesday, August 5th. Erste Group Bank analyst H. Engel now expects that the apparel retailer will earn $7.80 per share for the year, up from their prior estimate of $7.78. The consensus estimate for Ross Stores’ current full-year earnings is $7.76 per share.

A number of other analysts have also recently commented on ROST. Guggenheim reissued a “buy” rating and issued a $290.00 price target on shares of Ross Stores in a research report on Monday, April 27th. The Goldman Sachs Group reiterated a “buy” rating and set a $270.00 price objective on shares of Ross Stores in a research note on Friday, May 22nd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $257.00 target price on shares of Ross Stores in a research note on Friday, May 22nd. JPMorgan Chase & Co. raised their price target on Ross Stores from $248.00 to $251.00 and gave the company an “overweight” rating in a report on Monday, May 18th. Finally, Wall Street Zen lowered Ross Stores from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 20th. Fifteen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $239.12.

Check Out Our Latest Research Report on Ross Stores

Ross Stores Trading Down 0.2%

NASDAQ:ROST opened at $254.82 on Tuesday. The firm has a market capitalization of $81.74 billion, a P/E ratio of 35.59, a PEG ratio of 2.86 and a beta of 0.86. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.54 and a quick ratio of 0.94. Ross Stores has a one year low of $143.39 and a one year high of $257.00. The company’s 50-day simple moving average is $232.27 and its 200 day simple moving average is $218.76.

Ross Stores (NASDAQ:ROST – Get Free Report) last announced its earnings results on Thursday, May 21st. The apparel retailer reported $2.02 EPS for the quarter, beating analysts’ consensus estimates of $1.73 by $0.29. The firm had revenue of $6.01 billion for the quarter, compared to analysts’ expectations of $5.64 billion. Ross Stores had a net margin of 9.74% and a return on equity of 38.42%. The company’s quarterly revenue was up 20.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.47 EPS. Ross Stores has set its FY 2026 guidance at 7.500-7.740 EPS and its Q2 2026 guidance at 1.850-1.930 EPS.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Hilton Head Capital Partners LLC purchased a new stake in Ross Stores during the 4th quarter valued at $26,000. Bard Associates Inc. bought a new stake in shares of Ross Stores in the fourth quarter worth $31,000. City Holding Co. grew its holdings in shares of Ross Stores by 1,080.0% in the fourth quarter. City Holding Co. now owns 177 shares of the apparel retailer’s stock worth $32,000 after acquiring an additional 162 shares during the period. Virtus Advisers LLC purchased a new stake in Ross Stores during the fourth quarter valued at $32,000. Finally, Fideuram Asset Management Ireland dac bought a new position in Ross Stores in the fourth quarter valued at about $38,000. Institutional investors own 86.86% of the company’s stock.

Ross Stores Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th were paid a $0.445 dividend. The ex-dividend date was Tuesday, June 9th. This represents a $1.78 dividend on an annualized basis and a dividend yield of 0.7%. Ross Stores’s payout ratio is currently 24.86%.

About Ross Stores

(Get Free Report)

Ross Stores, Inc (NASDAQ: ROST) is an American off‑price retailer headquartered in Dublin, California, that operates the Ross Dress for Less and dd’s DISCOUNTS store formats. The company sells a broad assortment of apparel, footwear, home fashions, accessories and other soft goods, positioning itself as a value-oriented destination for brand‑name and fashion merchandise at reduced prices.

Ross’s business model centers on opportunistic buying of excess inventory, closeouts, cancelled orders and overstocks from manufacturers, department stores and other suppliers.