Dollar Tree - DLTR Stock Forecast, Price & News

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dollar Tree in the last year. There are currently 1 sell rating, 5 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" DLTR shares.
View DLTR analyst ratings or view top-rated stocks.

17 Wall Street research analysts have issued 12-month target prices for Dollar Tree's stock. Their DLTR share price forecasts range from $108.00 to $200.00. On average, they expect the company's stock price to reach $163.82 in the next year. This suggests that the stock has a possible downside of 1.5%.
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Dollar Tree's stock was trading at $140.52 on January 1st, 2022. Since then, DLTR shares have increased by 18.3% and is now trading at $166.29.
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Dollar Tree saw a increase in short interest in July. As of July 15th, there was short interest totaling 5,200,000 shares, an increase of 30.7% from the June 30th total of 3,980,000 shares. Based on an average trading volume of 2,440,000 shares, the days-to-cover ratio is currently 2.1 days. Currently, 2.4% of the company's shares are short sold.
View Dollar Tree's Short Interest.

Dollar Tree is scheduled to release its next quarterly earnings announcement on Thursday, August 25th 2022.
View our DLTR earnings forecast.

Dollar Tree, Inc. (NASDAQ:DLTR) announced its quarterly earnings results on Thursday, May, 26th. The company reported $2.37 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.98 by $0.39. The firm had revenue of $6.90 billion for the quarter, compared to the consensus estimate of $6.77 billion. Dollar Tree had a trailing twelve-month return on equity of 19.71% and a net margin of 5.57%. The firm's quarterly revenue was up 6.5% on a year-over-year basis. During the same quarter last year, the firm posted $1.60 earnings per share.
Read the conference call transcript.

Dollar Tree announced that its Board of Directors has approved a stock repurchase plan on Wednesday, September 29th 2021, which permits the company to buyback $2,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 11.3% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's management believes its stock is undervalued.

Dollar Tree updated its FY 2022 earnings guidance on Thursday, July, 28th. The company provided EPS guidance of $7.80-$8.20 for the period, compared to the consensus earnings per share estimate of $8.14. The company issued revenue guidance of $27.76 billion-$28.14 billion, compared to the consensus revenue estimate of $28.11 billion.

710 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.

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 investors include Bank of Nova Scotia (1.08%), Bank of Nova Scotia (1.08%), National Bank of Canada FI (0.51%), Intermede Investment Partners Ltd (0.32%), Marathon Asset Management Ltd (0.32%) and Sumitomo Mitsui Trust Holdings Inc. (0.31%). Insiders that own company stock include Arnold S Barron, Bob Sasser, Daniel J Heinrich, David A Jacobs, Gary Maxwell, 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.
View institutional ownership trends.

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 $166.29.

Dollar Tree (NASDAQ:DLTR) has a market capitalization of $37.34 billion and generates $26.31 billion in revenue each year. The company earns $1.33 billion in net income (profit) each year or $6.57 on an earnings per share basis.

Dollar Tree employs 210,565 workers across the globe.

Dollar Tree was founded in 1953.

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.