NYSE:BIG - Big Lots Stock Price, News, Headlines & Rumors

Question 1

What is Big Lots' stock symbol?

Answer

Big Lots trades on the New York Stock Exchange (NYSE) under the ticker symbol "BIG."

Question 2

How often does Big Lots pay dividends? What is the dividend yield for Big Lots?

Answer

Big Lots announced a quarterly dividend on Friday, June 1st. Stockholders of record on Friday, June 15th will be given a dividend of $0.30 per share on Friday, June 29th. This represents a $1.20 annualized dividend and a dividend yield of 2.54%. The ex-dividend date is Thursday, June 14th. View Big Lots' Dividend History.

Question 3

How will Big Lots' stock buyback program work?

Answer

Big Lots declared that its board has authorized a stock buyback plan on Friday, March 9th 2018, which allows the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company's management believes its stock is undervalued.

Question 4

How were Big Lots' earnings last quarter?

Answer

Big Lots, Inc. (NYSE:BIG) announced its quarterly earnings data on Friday, June, 1st. The company reported $0.95 EPS for the quarter, missing analysts' consensus estimates of $1.19 by $0.24. The firm had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.28 billion. Big Lots had a net margin of 3.23% and a return on equity of 28.85%. The firm's revenue for the quarter was down 2.1% on a year-over-year basis. During the same period last year, the firm earned $1.15 EPS. View Big Lots' Earnings History.

Question 5

When is Big Lots' next earnings date?

Answer

Big Lots is scheduled to release their next quarterly earnings announcement on Friday, August, 24th 2018. View Earnings Estimates for Big Lots.

Question 6

What guidance has Big Lots issued on next quarter's earnings?

Answer

Big Lots updated its FY19 earnings guidance on Friday, June, 1st. The company provided EPS guidance of $4.50-4.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.87. Big Lots also updated its Q2 guidance to $0.60-0.70 EPS.

Question 7

What price target have analysts set for BIG?

Answer

17 equities research analysts have issued 1-year price objectives for Big Lots' stock. Their forecasts range from $40.00 to $60.00. On average, they expect Big Lots' share price to reach $51.5333 in the next year. This suggests a possible upside of 9.2% from the stock's current price. View Analyst Price Targets for Big Lots.

Question 8

What is the consensus analysts' recommendation for Big Lots?

Answer

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Big Lots in the last year. There are currently 8 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Big Lots.

Question 9

What are Wall Street analysts saying about Big Lots stock?

Answer

Here are some recent quotes from research analysts about Big Lots stock:

1. According to Zacks Investment Research, "Of late, estimates have been revised downward. Shares of Big Lots have underperformed the industry in the past six months, on the back of lower-than-expected earnings and net sales in first-quarter fiscal 2018. Trimmed full-year view along with declining comps also hurt investors’ sentiments. Apart from these, the decline in margins also adds to the woes. Furniture, one of the strongest product categories of the company, was also down low single digit in the reported quarter, which came as a surprise. Meanwhile, soft home category continues to impress the investors. In a bid to expand the customer base, the company is taking several initiatives. Among them, the e-commerce business and Store of the Future deserve a mention. However, a challenging retail landscape, aggressive promotional strategies and waning store traffic might weigh on its performance." (8/1/2018)
2. Barclays PLC analysts commented, "We estimate the midpoint of FY18 guidance implies EBIT of ~$280mn and ~$305mn after adding back tax reinvestment, or ~4-5% growth y/y, at/just below BIG’s long-term plan despite the freight headwinds. Soft comps in 4Q17 and in the 1Q18 outlook are understandable (e.g. weather, tax refund delays, Easter shift), and comps should build as the year progresses, helped by Store of the Future (SoF) remodels (~13% of stores in FY18; MSD-HSD comp lift), improved merchandising, and credit expansion (new items & simpler terms), but guidance on comps appears optimistic. We remain EW as we believe 1) the incremental benefit from initiatives will wane, 2) 4Q becomes more competitive each year (~50% of EBITDA), and 3) SoF remodels may only generate a 1x comp bump, will limit FCF, and have an uncertain ROI. Our new PT of $50 is based on a 5.0x EV/EBITDA multiple and FY19E EBITDA of $409mn (prior PT of $54 was based on a 5.3x EV/EBITDA multiple and our old FY18E EBITDA of $427mn)." (3/15/2018)

Question 10

Are investors shorting Big Lots?

Answer

Big Lots saw a decrease in short interest in July. As of July 31st, there was short interest totalling 10,236,819 shares, a decrease of 17.5% from the July 13th total of 12,414,558 shares. Based on an average daily volume of 1,171,849 shares, the days-to-cover ratio is presently 8.7 days. Approximately 25.6% of the company's stock are short sold. View Big Lots' Current Options Chain.

Question 11

Who are some of Big Lots' key competitors?

Answer

Some companies that are related to Big Lots include Five Below (FIVE), Ollie's Bargain Outlet (OLLI), BJs Wholesale Club (BJ), PriceSmart (PSMT), Tuesday Morning (TUES) and Fred's (FRED).

Question 12

Who are Big Lots' key executives?

Answer

Big Lots' management team includes the folowing people:

Mr. Timothy A. Johnson, Exec. VP, Chief Admin. Officer & CFO (Age 50)
Ms. Lisa M. Bachmann, Exec. VP and Chief Merchandising & Operating Officer (Age 57)
Mr. Ronald A. Robins Jr., Sr. VP, Gen. Counsel & Corp. Sec. (Age 54)
Mr. Michael Allen Schlonsky, Exec. VP of HR & Store Operations (Age 51)
Mr. David J. Campisi, Former CEO, Pres & Director (Age 62)

Question 13

Has Big Lots been receiving favorable news coverage?

Answer

Media coverage about BIG stock has been trending somewhat positive this week, according to Accern. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Big Lots earned a news impact score of 0.14 on Accern's scale. They also gave press coverage about the company an impact score of 46.34 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future. View Recent Headlines for Big Lots.

Question 14

Who are Big Lots' major shareholders?

Answer

Big Lots' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.67%), LSV Asset Management (6.36%), Dimensional Fund Advisors LP (3.95%), Voya Investment Management LLC (2.69%), Bank of New York Mellon Corp (2.68%) and Victory Capital Management Inc. (2.03%). Company insiders that own Big Lots stock include David J Campisi, Jeffrey Paul Berger, Lisa M Bachmann, Michael Allen Schlonsky, Philip E Mallott, Ronald A Robins Jr, Russell Solt and Timothy A Johnson. View Institutional Ownership Trends for Big Lots.

Question 15

Which institutional investors are selling Big Lots stock?

Answer

BIG stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Voya Investment Management LLC, Bank of New York Mellon Corp, Bank of America Corp DE, Chicago Equity Partners LLC, Millennium Management LLC, FMR LLC and Scout Investments Inc.. Company insiders that have sold Big Lots company stock in the last year include David J Campisi, Jeffrey Paul Berger, Michael Allen Schlonsky, Ronald A Robins Jr and Timothy A Johnson. View Insider Buying and Selling for Big Lots.

Question 16

Which institutional investors are buying Big Lots stock?

Answer

BIG stock was acquired by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Marshall Wace LLP, Segall Bryant & Hamill LLC, BTIM Corp., Renaissance Technologies LLC, LSV Asset Management, Canada Pension Plan Investment Board and Dimensional Fund Advisors LP. View Insider Buying and Selling for Big Lots.

Question 17

How do I buy shares of Big Lots?

Answer

Shares of BIG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

Question 18

What is Big Lots' stock price today?

Answer

One share of BIG stock can currently be purchased for approximately $47.20.

Question 19

How big of a company is Big Lots?

Answer

Big Lots has a market capitalization of $1.91 billion and generates $5.27 billion in revenue each year. The company earns $189.83 million in net income (profit) each year or $4.45 on an earnings per share basis. Big Lots employs 34,800 workers across the globe.

Question 20

How can I contact Big Lots?

Answer

Big Lots' mailing address is 300 PHILLIPI ROAD P.O.BOX 28512, COLUMBUS OH, 43228. The company can be reached via phone at 614-278-6800 or via email at [email protected]

Community Ranking:		2.5 out of 5 ( )
Outperform Votes:		499 (Vote Outperform)
Underperform Votes:		508 (Vote Underperform)
Total Votes:		1,007