Fred's Company Profile (NASDAQ:FRED)

About Fred's (NASDAQ:FRED)

FredFred's, Inc. (Fred's) is engaged in the sale of general merchandise through its retail discount stores and full service pharmacies. The Company sells general merchandise to its over 20 franchisees. The Company has approximately 660 retail stores, over 370 pharmacies, and approximately three specialty pharmacy facilities located in over 15 states mainly in the Southeastern United States. The Company is licensed to dispense pharmaceuticals in approximately 50 states. The Company operates approximately 640 company-owned stores, including over 60 express stores (or Xpress stores). Fred's is a combination of pharmacy, dollar store and mass merchant strategically located in smaller markets. It offers various product categories, including consumables, such as tobacco, food and beverage, prescription pharmaceuticals, paper and cleaning supplies, pet supplies, health and beauty aids, and discretionary products, such as home decor, seasonal merchandise, auto and hardware, and lawn and garden.

Industry, Sector and Symbol:
  • Sector: Retail/Wholesale
  • Industry: Discount Stores with groceries
  • Sub-Industry: General Merchandise Stores
  • Symbol: NASDAQ:FRED
  • CUSIP: 35610810
  • Web:
  • Market Cap: $259.31 million
  • Outstanding Shares: 38,077,000
Average Prices:
  • 50 Day Moving Avg: $6.45
  • 200 Day Moving Avg: $10.76
  • 52 Week Range: $5.62 - $21.77
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -56.17
  • P/E Growth: -0.15
Sales & Book Value:
  • Annual Revenue: $2.09 billion
  • Price / Sales: 0.12
  • Book Value: $7.11 per share
  • Price / Book: 0.95
  • Annual Dividend: $0.24
  • Dividend Yield: 3.5%
  • EBIDTA: ($60,970,000.00)
  • Net Margins: -6.08%
  • Return on Equity: -4.02%
  • Return on Assets: -1.80%
  • Debt-to-Equity Ratio: 0.51%
  • Current Ratio: 1.90%
  • Quick Ratio: 0.45%
  • Average Volume: 1.70 million shs.
  • Beta: 1.83
  • Short Ratio: 18.01

Frequently Asked Questions for Fred's (NASDAQ:FRED)

What is Fred's' stock symbol?

Fred's trades on the NASDAQ under the ticker symbol "FRED."

How often does Fred's pay dividends? What is the dividend yield for Fred's?

Fred's announced a quarterly dividend on Friday, August 18th. Investors of record on Friday, September 1st will be paid a dividend of $0.06 per share on Friday, September 15th. This represents a $0.24 dividend on an annualized basis and a yield of 3.56%. The ex-dividend date is Wednesday, August 30th. View Fred's' Dividend History.

How were Fred's' earnings last quarter?

Fred's, Inc. (NASDAQ:FRED) issued its quarterly earnings results on Wednesday, September, 6th. The company reported ($0.15) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.19) by $0.04. The company earned $507.80 million during the quarter, compared to analysts' expectations of $504.90 million. Fred's had a negative net margin of 6.08% and a negative return on equity of 4.02%. The company's revenue was down 4.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.18) EPS. View Fred's' Earnings History.

When will Fred's make its next earnings announcement?

Fred's is scheduled to release their next quarterly earnings announcement on Wednesday, December, 6th 2017. View Earnings Estimates for Fred's.

Where is Fred's' stock going? Where will Fred's' stock price be in 2017?

5 brokerages have issued 1 year price objectives for Fred's' stock. Their predictions range from $6.00 to $22.00. On average, they expect Fred's' stock price to reach $13.50 in the next twelve months. View Analyst Ratings for Fred's.

How were Fred's' same store sales last quarter?

Fred's same-store sales decreased by 0.5% in the month of August. Fred's stock fell by 1.8% in the first day of trading following the news.

Are investors shorting Fred's?

Fred's saw a decrease in short interest in the month of August. As of August 15th, there was short interest totalling 19,050,892 shares, a decrease of 7.3% from the July 31st total of 20,543,825 shares. Based on an average trading volume of 739,323 shares, the days-to-cover ratio is currently 25.8 days. Approximately 53.8% of the shares of the stock are sold short.

Who are some of Fred's' key competitors?

Who are Fred's' key executives?

Fred's' management team includes the folowing people:

  • Heath B. Freeman, Chairman of the Board
  • Michael K. Bloom, President, Chief Executive Officer, Director
  • Jason A. Jenne, Chief Financial Officer, Executive Vice President, Secretary
  • Mary Lou Gardner, Executive Vice President, Chief Merchandising and Marketing Officer
  • Rick A. Chambers, Executive Vice President - Pharmacy Operations
  • John Foley, Executive Vice President - Store Operations
  • Mark C. Dely, Chief Legal Officer, Senior Vice President, General Counsel, Assistant Secretary
  • Kimberley Felice-Dooley, Senior Vice President - Merchandising - Consumables
  • Gregory Froton, Senior Vice President - Merchandising, General Merchandise
  • Steve Wuebker, Senior Vice President - Supply Chain

Who owns Fred's stock?

Fred's' stock is owned by a variety of of retail and institutional investors. Top institutional investors include ALDEN GLOBAL CAPITAL LLC (24.40%), Alden Global Capital LLC (24.38%), Vanguard Group Inc. (8.63%), Dimensional Fund Advisors LP (7.82%), RE Advisers Corp (5.86%) and State Street Corp (3.34%). Company insiders that own Fred's stock include Alden Global Capital Llc, Eric Ridings, Mark C Dely, Michael Hayes, Mike Holligan and Ricky Chambers. View Institutional Ownership Trends for Fred's.

Who sold Fred's stock? Who is selling Fred's stock?

Fred's' stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Dimensional Fund Advisors LP, Ameriprise Financial Inc., GAM Holding AG, SG Americas Securities LLC, California Public Employees Retirement System, First Mercantile Trust Co. and UBS Asset Management Americas Inc.. Company insiders that have sold Fred's stock in the last year include Eric Ridings, Mark C Dely, Michael Hayes and Ricky Chambers. View Insider Buying and Selling for Fred's.

Who bought Fred's stock? Who is buying Fred's stock?

Fred's' stock was purchased by a variety of institutional investors in the last quarter, including Commonwealth of Pennsylvania Public School Empls Retrmt SYS, State Street Corp, State of Wisconsin Investment Board, Virtu KCG Holdings LLC, Schwab Charles Investment Management Inc., Symons Capital Management Inc., Sei Investments Co. and Vanguard Group Inc.. View Insider Buying and Selling for Fred's.

How do I buy Fred's stock?

Shares of Fred's can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Fred's' stock price today?

One share of Fred's stock can currently be purchased for approximately $6.74.

MarketBeat Community Rating for Fred's (NASDAQ FRED)
Community Ranking:  1.1 out of 5 (star)
Outperform Votes:  78 (Vote Outperform)
Underperform Votes:  266 (Vote Underperform)
Total Votes:  344
MarketBeat's community ratings are surveys of what our community members think about Fred's and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Fred's (NASDAQ:FRED) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 4 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.20)
Consensus Price Target: $13.50 (100.30% upside)

Analysts' Ratings History for Fred's (NASDAQ:FRED)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/24/2017Loop CapitalInitiated CoverageHold -> Hold$6.00MediumView Rating Details
6/29/2017Deutsche Bank AGLower Price TargetHold -> Hold$16.00 -> $8.00HighView Rating Details
2/7/2017SidotiUpgradeNeutral -> Buy$18.00N/AView Rating Details
1/6/2017StephensUpgradeUnderweight -> Equal WeightN/AView Rating Details
12/23/2016MKM PartnersReiterated RatingNeutral$9.00 -> $22.00N/AView Rating Details
(Data available from 9/26/2015 forward)


Earnings History for Fred's (NASDAQ:FRED)
Earnings by Quarter for Fred`s (NASDAQ:FRED)
Earnings History by Quarter for Fred's (NASDAQ FRED)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
12/6/2017($0.13)N/AView Earnings Details
9/6/2017Q2 2018($0.19)($0.15)$504.90 million$507.80 millionViewListenView Earnings Details
6/6/2017Q1 2018($0.03)($0.06)$520.28 million$532.32 millionViewListenView Earnings Details
4/6/2017Q4 2017($0.16)($0.11)$530.80 million$529.70 millionViewListenView Earnings Details
12/8/2016Q316($0.17)($0.27)$514.27 million$516.60 millionViewListenView Earnings Details
8/30/2016Q216($0.21)($0.18)$546.23 million$529.50 millionViewListenView Earnings Details
5/26/2016Q116$0.02$0.03$553.90 million$549.55 millionViewListenView Earnings Details
3/23/2016Q415$0.09$0.07$557.25 million$554.60 millionViewListenView Earnings Details
11/24/2015Q315$0.10$0.10$537.10 million$541.00 millionViewListenView Earnings Details
8/27/2015Q215($0.06)($0.13)$552.42 million$546.10 millionViewListenView Earnings Details
3/26/2015Q414$0.01$0.02$507.46 million$504.40 millionViewN/AView Earnings Details
11/25/2014Q314($0.14)($0.16)$476.20 million$476.20 millionViewN/AView Earnings Details
8/28/2014Q214($0.17)($0.19)$488.07 million$491.20 millionViewN/AView Earnings Details
5/29/2014Q114$0.20$0.17$501.64 million$498.30 millionViewListenView Earnings Details
3/27/2014Q413$0.15$0.17$511.88 million$495.00 millionViewListenView Earnings Details
11/26/2013Q313$0.20$0.20$458.81 million$460.50 millionViewListenView Earnings Details
8/29/2013Q2 2013$0.09$0.09$482.45 million$482.20 millionViewListenView Earnings Details
5/30/2013Q1 2013$0.27$0.31$499.41 million$501.50 millionViewListenView Earnings Details
3/28/2013Q4 2012$0.20$0.18$533.94 million$533.40 millionViewListenView Earnings Details
11/20/20120.18$0.18$452.60 millionViewN/AView Earnings Details
8/23/2012Q212$0.17$0.17$466.60 million$470.80 millionViewN/AView Earnings Details
5/24/2012$0.27$0.28ViewN/AView Earnings Details
3/21/2012$0.24$0.25ViewN/AView Earnings Details
11/22/2011$0.22$0.24ViewN/AView Earnings Details
8/25/2011$0.13$0.14ViewN/AView Earnings Details
5/26/2011$0.24$0.24ViewN/AView Earnings Details
3/24/2011$0.21$0.22ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Fred's (NASDAQ:FRED)
2017 EPS Consensus Estimate: ($0.21)
2018 EPS Consensus Estimate: ($0.19)
2019 EPS Consensus Estimate: ($0.26)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.01$0.16$0.08
Q2 20173($0.21)$0.02($0.13)
Q3 20172($0.15)($0.12)($0.14)
Q4 20173($0.08)$0.08($0.02)
Q1 20182($0.08)$0.04($0.02)
Q2 20182($0.15)($0.03)($0.09)
Q3 20182($0.12)$0.00($0.06)
Q4 20182($0.06)$0.03($0.02)
Q1 20191$0.01$0.01$0.01
Q2 20191($0.15)($0.15)($0.15)
Q3 20191($0.09)($0.09)($0.09)
Q4 20191($0.03)($0.03)($0.03)
(Data provided by Zacks Investment Research)


Current Dividend Information for Fred's (NASDAQ:FRED)
Most Recent Dividend:9/15/2017
Annual Dividend:$0.24
Dividend Yield:3.56%
Payout Ratio:-7.04% (Trailing 12 Months of Earnings)
-58.54% (Based on This Year's Estimates)
-200.00% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Fred`s (NASDAQ:FRED)

Dividend History by Quarter for Fred's (NASDAQ FRED)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Fred's (NASDAQ:FRED)
Insider Ownership Percentage: 6.90%
Insider Trades by Quarter for Fred`s (NASDAQ:FRED)
Institutional Ownership by Quarter for Fred`s (NASDAQ:FRED)
Insider Trades by Quarter for Fred's (NASDAQ:FRED)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/23/2016Michael HayesDirectorSell10,000$20.17$201,700.00View SEC Filing  
12/22/2016Alden Global Capital LlcMajor ShareholderBuy5,533,005$19.85$109,830,149.25View SEC Filing  
12/21/2016Eric RidingsVPSell300$20.00$6,000.00View SEC Filing  
12/20/2016Mark C DelySVPSell4,081$19.80$80,803.80View SEC Filing  
12/20/2016Michael HayesDirectorSell3,243$19.29$62,557.47View SEC Filing  
12/20/2016Ricky ChambersEVPSell3,631$19.89$72,220.59View SEC Filing  
9/13/2016Mark C DelySVPSell1,189$10.04$11,937.56View SEC Filing  
9/9/2016Michael HayesDirectorSell9,369$10.17$95,282.73View SEC Filing  
9/8/2016Michael HayesDirectorSell631$11.00$6,941.00View SEC Filing  
9/7/2016Michael HayesDirectorSell16,414$10.82$177,599.48View SEC Filing  
9/6/2016Michael HayesDirectorSell10,000$10.75$107,500.00View SEC Filing  
9/1/2016Michael HayesDirectorSell10,000$11.04$110,400.00View SEC Filing  
6/9/2016Michael HayesDirectorSell5,000$15.20$76,000.00View SEC Filing  
5/31/2016Michael HayesDirectorSell10,000$14.71$147,100.00View SEC Filing  
5/31/2016Mike HolliganEVPSell1,517$14.67$22,254.39View SEC Filing  
5/27/2016Michael HayesDirectorSell5,000$14.68$73,400.00View SEC Filing  
3/30/2016Michael HayesDirectorSell10,000$15.04$150,400.00View SEC Filing  
12/4/2015Michael HayesDirectorSell5,000$16.25$81,250.00View SEC Filing  
11/27/2015Michael HayesDirectorSell15,000$16.66$249,900.00View SEC Filing  
8/31/2015Jerry ShoreCEOBuy1,000$12.94$12,940.00View SEC Filing  
8/31/2015Michael K BloomPresidentBuy2,000$13.10$26,200.00View SEC Filing  
8/28/2015Jerry ShoreCEOBuy1,000$13.03$13,030.00View SEC Filing  
6/12/2015Michael HayesDirectorSell9,300$19.43$180,699.00View SEC Filing  
6/1/2015Ben GarnerVPSell532$17.78$9,458.96View SEC Filing  
4/9/2015B Mary McnabbDirectorBuy1,250$12.19$15,237.50View SEC Filing  
3/31/2015Dennis CurtisSVPSell6,000$17.14$102,840.00View SEC Filing  
3/30/2015Mark C DelySVPSell1,190$17.26$20,539.40View SEC Filing  
3/30/2015Mike HolliganEVPSell1,500$17.23$25,845.00View SEC Filing  
3/30/2015Willie SandsVPSell3,067$17.17$52,660.39View SEC Filing  
3/27/2015Jack EisenmanDirectorSell7,764$17.03$132,220.92View SEC Filing  
3/27/2015Reggie JacobsEVPSell2,357$17.01$40,092.57View SEC Filing  
1/18/2015Dennis CurtisSVPSell3,033$17.66$53,562.78View SEC Filing  
1/18/2015Mike HolliganEVPSell1,983$17.66$35,019.78View SEC Filing  
1/18/2015Willie SandsVPSell1,933$17.66$34,136.78View SEC Filing  
11/26/2014Bruce A EfirdCEOSell22,947$15.31$351,318.57View SEC Filing  
7/11/2014Ronald T KayVPBuy247$13.00$3,211.00View SEC Filing  
7/11/2014Teresa GaborSVPBuy67$13.00$871.00View SEC Filing  
4/3/2014Dennis CurtisSVPSell5,437$18.80$102,215.60View SEC Filing  
4/3/2014Ricky PruittEVPSell1,038$18.66$19,369.08View SEC Filing  
4/2/2014David GagneVPSell1,026$18.69$19,175.94View SEC Filing  
6/14/2013Dennis CurtisSVPSell1,845$15.87$29,280.15View SEC Filing  
6/11/2013Matthew TwiggVPSell2,000$16.18$32,360.00View SEC Filing  
4/11/2013Reggie JacobsVPSell2,017$14.00$28,238.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Fred's (NASDAQ:FRED)
Latest Headlines for Fred's (NASDAQ:FRED)
DateHeadline logoFred's, Inc. (FRED) Receives Consensus Recommendation of "Hold" from Analysts - September 23 at 9:10 AM logoNantKwest Builds Financial and Commercial Expertise with the Appointment of Fred Driscoll to Its Board of Directors - September 22 at 11:39 PM logofred's Pharmacy Steps to the Plate to Support Northwest Tennessee Senior Olympics - September 20 at 7:47 PM logoStrategy To YieldBoost Fred's From 3.4% To 30.4% Using Options - September 19 at 6:47 PM logoFred's, Inc. Amends Short-Term Shareholder Rights Plan to Protect the Ability to Utilize Net Operating Losses - Business Wire (press release) - September 18 at 8:32 PM logoForm 8-A12B/A FREDS INC - - September 18 at 3:32 PM logoBRIEF-Fred's Inc amends short-term shareholder rights plan - Reuters - September 18 at 3:32 PM logoFred's amends plan to try and 'protect shareholder value' - Memphis Business Journal - September 18 at 3:32 PM logoFred’s, Inc. Amends Short-Term Shareholder Rights Plan to Protect the Ability to Utilize Net Operating Losses - September 18 at 3:32 PM logoFred's amends plan to try and 'protect shareholder value' - September 18 at 3:32 PM logoWalgreens-Rite Aid deal said to be moving forward - Seeking Alpha - September 15 at 7:23 PM logoETFs with exposure to Fred’s, Inc. : September 13, 2017 - September 13 at 8:19 PM logo$497.36 Million in Sales Expected for Fred's, Inc. (FRED) This Quarter - September 13 at 8:05 AM logoExclusive: Fred's CEO details 'strategic turnaround' and the road ahead - September 11 at 7:25 PM logoFred’s, Inc. :FRED-US: Earnings Analysis: Q2, 2018 By the Numbers : September 11, 2017 - September 11 at 7:25 PM logo Analysts Anticipate Fred's, Inc. (FRED) to Post -$0.14 EPS - September 11 at 2:16 PM logoNorthcoast Research Comments on Fred's, Inc.'s Q3 2018 Earnings (FRED) - September 11 at 6:58 AM logoFred's Taps Alden President as Its New Chairman - September 10 at 6:01 PM logoEARNINGS SUMMARY: Details of Fred`s Inc Q2 Earnings Report - September 8 at 12:00 AM logoFred's, Inc. (FRED) Soars: Stock Adds 17% in Session - September 7 at 6:58 PM logoFred's, Inc. (FRED) Soars: Stock Adds 17% in Session - September 7 at 6:58 PM logoFred's (FRED) Q2 Loss Narrower Than Expected, Shares Surge - September 7 at 6:58 PM logoFred's, Inc. (FRED) Downgraded by Zacks Investment Research - September 7 at 12:24 PM logoFred's (FRED) CEO Mike Bloom on Q2 2017 Results - Earnings Call Transcript - Seeking Alpha - September 7 at 6:10 AM logoEarnings Reaction History: Fred's Inc., 100.0% Follow-Through Indicator, 5.5% Sensitive - Nasdaq - September 7 at 6:10 AM logoFred's, Inc. Names Heath Freeman Chairman of the Board ... - Business Wire (press release) - September 7 at 6:10 AM logo'Strategic turnaround' in place for Fred's - Memphis Business Journal - September 7 at 6:10 AM logoFred's Pharmacy (FRED) Skyrockets After Q2 Earnings Report - September 6 at 11:46 PM logoEdited Transcript of FRED earnings conference call or presentation 6-Sep-17 12:00pm GMT - September 6 at 11:46 PM logoFred's Q2 Loss Widens; Appoints Heath Freeman As Chairman - September 6 at 6:43 PM logoFred's, Inc. 2017 Q2 - Results - Earnings Call Slides - September 6 at 6:42 PM logoFred’s Pharmacy Reports Second Quarter 2017 Results - September 6 at 6:42 PM logoFred’s, Inc. Names Heath Freeman Chairman of the Board - September 6 at 6:42 PM logoFred's Pharmacy (FRED) Skyrockets After Q2 Earnings Report - September 6 at 6:42 PM logoWhy Shares of Fred's, Inc. Are Moving Higher Despite Quarterly Loss - September 6 at 6:42 PM logoFred's names new board chair with 'significant retail, turnaround' experience - September 6 at 6:42 PM logo'Strategic turnaround' in place for Fred's - September 6 at 6:42 PM logoFred's reports 2Q loss - September 6 at 6:42 PM logoWhy Shares of Fred's, Inc. Are Moving Higher Despite Quarterly Loss - September 6 at 1:44 PM logoFred's, Inc. (FRED) Announces Quarterly Earnings Results, Beats Expectations By $0.04 EPS - September 6 at 8:51 AM logoFY2019 Earnings Forecast for Fred's, Inc. (FRED) Issued By SunTrust Banks - September 4 at 8:52 AM logoWill Declining Comps Hurt Fred's (FRED) This Earnings Season? - September 1 at 7:09 PM logoWill Declining Comps Hurt Fred's (FRED) This Earnings Season? - September 1 at 7:08 PM logoFred's, Inc.'s August Same Store Sales Numbers Miss Analysts' Estimates, Stock Drops by 1.8% (NASDAQ:FRED) - September 1 at 9:30 AM logoFred’s Reports August Sales - September 1 at 4:53 AM logoQ&A: Fred's exec talks new app, digital coupons and personalized offers - Memphis Business Journal - August 31 at 11:45 PM logoFred's Pharmacy has a new app for that - Memphis Business Journal - August 31 at 11:45 PM logoFred's sales show decrease; leadership sees the positive - Memphis Business Journal - August 31 at 11:45 PM logoFred's August Comps. Down 0.5% - Quick Facts - August 31 at 6:43 PM logoFred's sales show decrease; leadership sees the positive - August 31 at 6:43 PM



Fred's (FRED) Chart for Tuesday, September, 26, 2017

This page was last updated on 9/26/2017 by Staff