Dollar Tree - DLTR Stock Forecast, Price & News

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dollar Tree in the last year. There are currently 2 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" DLTR shares.
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13 equities research analysts have issued 1-year price targets for Dollar Tree's shares. Their DLTR share price forecasts range from $145.00 to $200.00. On average, they anticipate the company's stock price to reach $173.60 in the next year. This suggests a possible upside of 15.6% from the stock's current price.
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Dollar Tree's stock was trading at $140.52 on January 1st, 2022. Since then, DLTR shares have increased by 6.9% and is now trading at $150.22.
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Dollar Tree saw a decline in short interest in November. As of November 15th, there was short interest totaling 6,390,000 shares, a decline of 7.5% from the October 31st total of 6,910,000 shares. Based on an average trading volume of 2,720,000 shares, the days-to-cover ratio is presently 2.3 days. Currently, 2.9% of the shares of the stock are sold short.
View Dollar Tree's Short Interest.

Dollar Tree, Inc. (NASDAQ:DLTR) issued its quarterly earnings results on Tuesday, November, 22nd. The company reported $1.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.18 by $0.02. The company earned $6.94 billion during the quarter, compared to the consensus estimate of $6.84 billion. Dollar Tree had a trailing twelve-month return on equity of 19.82% and a net margin of 5.84%. The business's revenue for the quarter was up 8.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.96 EPS.
Read the conference call transcript.

Dollar Tree announced that its Board of Directors has initiated a share repurchase program on Wednesday, September 29th 2021, which permits the company to buyback $2,500,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 11.3% of its shares through open market purchases. Shares buyback programs are often an indication that the company's board of directors believes its stock is undervalued.

Dollar Tree issued an update on its fourth quarter 2022 earnings guidance on Tuesday, November, 22nd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $7.54 billion-$7.68 billion, compared to the consensus revenue estimate of $7.52 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 number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.63%), State Street Corp (3.84%), EdgePoint Investment Group Inc. (2.04%), Canada Pension Plan Investment Board (1.53%), Massachusetts Financial Services Co. MA (1.50%) and Macquarie Group Ltd. (1.37%). 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 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 $150.22.

Dollar Tree (NASDAQ:DLTR) has a market capitalization of $33.64 billion and generates $26.31 billion in revenue each year. The company earns $1.33 billion in net income (profit) each year or $7.18 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.