Dollar Tree - DLTR Stock Forecast, Price & News

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Dollar Tree in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" DLTR shares.
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17 Wall Street research analysts have issued 1 year target prices for Dollar Tree's shares. Their DLTR share price forecasts range from $108.00 to $200.00. On average, they predict the company's stock price to reach $163.47 in the next twelve months. This suggests a possible upside of 20.2% from the stock's current price.
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Dollar Tree's stock was trading at $140.52 at the start of the year. Since then, DLTR shares have decreased by 3.2% and is now trading at $136.04.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 22nd 2022.
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Dollar Tree, Inc. (NASDAQ:DLTR) posted its quarterly earnings results on Thursday, August, 25th. The company reported $1.60 EPS for the quarter, topping the consensus estimate of $1.59 by $0.01. The firm had revenue of $6.77 billion for the quarter, compared to the consensus estimate of $6.80 billion. Dollar Tree had a net margin of 5.77% and a trailing twelve-month return on equity of 19.83%. The business's revenue was up 6.7% compared to the same quarter last year. During the same quarter last year, the business earned $1.23 earnings per share.
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Dollar Tree announced that its board has initiated a share buyback program on Wednesday, September 29th 2021, which allows the company to buyback $2,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 11.3% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's board of directors believes its stock is undervalued.

Dollar Tree issued an update on its third quarter 2022 earnings guidance on Tuesday, September, 20th. The company provided EPS guidance of $1.05-$1.20 for the period, compared to the consensus estimate of $1.81. The company issued revenue guidance of $6.75 billion-$6.87 billion, compared to the consensus revenue estimate of $6.87 billion.

1,611 employees have rated Dollar Tree Chief Executive Officer Gary Philbin on Glassdoor.com. Gary Philbin has an approval rating of 57% among the company's employees. This puts Gary Philbin in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 43.0% of employees surveyed would recommend working at Dollar Tree to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Dollar Tree investors own include Cronos Group (CRON), NVIDIA (NVDA), Micron Technology (MU), Walmart (WMT), Walt Disney (DIS), Dollar General (DG), Alibaba Group (BABA), Advanced Micro Devices (AMD), Intel (INTC) and Netflix (NFLX).

Dollar Tree trades on the NASDAQ under the ticker symbol "DLTR."

Dollar Tree's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include FMR LLC (4.64%), State Street Corp (3.94%), Price T Rowe Associates Inc. MD (1.55%), Massachusetts Financial Services Co. MA (1.53%), Macquarie Group Ltd. (1.41%) and Franklin Resources Inc. (1.41%). Insiders that own company stock include Arnold S Barron, Bob Sasser, Daniel J Heinrich, David A Jacobs, Gregory M Bridgeford, Kevin S Wampler, Lemuel E Lewis, Michael A Witynski, Richard L Mcneely, Thomas A Saunders, Thomas O'boyle Jr and William A Old Jr.
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Shares of DLTR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of DLTR stock can currently be purchased for approximately $136.04.

Dollar Tree (NASDAQ:DLTR) has a market capitalization of $30.46 billion and generates $26.31 billion in revenue each year. The company earns $1.33 billion in net income (profit) each year or $6.94 on an earnings per share basis.

The company employs 210,565 workers across the globe.

Dollar Tree's mailing address is 500 VOLVO PARKWAY, CHESAPEAKE VA, 23320. The official website for the company is www.dollartree.com. The company can be reached via phone at (757) 321-5000 or via fax at 757-857-6848.