Big Lots - BIG Stock Forecast, Price & News

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Big Lots in the last year. There are currently 4 sell ratings and 4 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" BIG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BIG, but not buy additional shares or sell existing shares.
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8 analysts have issued twelve-month target prices for Big Lots' stock. Their BIG share price forecasts range from $9.00 to $25.00. On average, they expect the company's stock price to reach $19.88 in the next twelve months. This suggests a possible upside of 4.6% from the stock's current price.
View analysts price targets for BIG or view top-rated stocks among Wall Street analysts.

Big Lots' stock was trading at $45.05 at the start of the year. Since then, BIG shares have decreased by 57.8% and is now trading at $19.01.
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Big Lots saw a decrease in short interest in October. As of October 31st, there was short interest totaling 7,760,000 shares, a decrease of 9.9% from the October 15th total of 8,610,000 shares. Based on an average daily volume of 1,180,000 shares, the days-to-cover ratio is presently 6.6 days. Approximately 27.8% of the shares of the company are short sold.
View Big Lots' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, December 1st 2022.
View our BIG earnings forecast.

Big Lots will be holding an earnings conference call on Thursday, December 1st at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13734153".

Big Lots, Inc. (NYSE:BIG) posted its quarterly earnings results on Friday, December, 3rd. The company reported ($0.14) EPS for the quarter, topping the consensus estimate of ($0.16) by $0.02. The company had revenue of $1.34 billion for the quarter, compared to analysts' expectations of $1.32 billion. Big Lots had a negative trailing twelve-month return on equity of 2.83% and a negative net margin of 0.86%. The company's revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.76 earnings per share.

Big Lots announced a quarterly dividend on Thursday, August 25th. Shareholders of record on Friday, September 9th will be paid a dividend of $0.30 per share on Friday, September 23rd. This represents a $1.20 annualized dividend and a yield of 6.31%. The ex-dividend date of this dividend is Thursday, September 8th.
Read our dividend analysis for BIG.

Big Lots (NYSE:BIG) pays an annual dividend of $1.20 per share and currently has a dividend yield of 6.46%. BIG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for BIG.

Big Lots announced that its Board of Directors has initiated a share buyback plan on Friday, December 3rd 2021, which allows the company to repurchase $250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 17.5% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's management believes its stock is undervalued.

190 employees have rated Big Lots Chief Executive Officer Bruce Thorn on Glassdoor.com. Bruce Thorn has an approval rating of 57% among the company's employees. This puts Bruce Thorn 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 Big Lots investors own include NVIDIA (nvda), Advanced Micro Devices (AMD), Johnson & Johnson (JNJ), Walmart (WMT), Micron Technology (MU), CVS Health (CVS), Verizon Communications (VZ), AbbVie (ABBV), AT&T (T) and Intel (INTC).

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

Big Lots' stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (17.02%), Vanguard Group Inc. (11.22%), Dimensional Fund Advisors LP (5.81%), LSV Asset Management (4.95%), State Street Corp (4.49%) and Bank of New York Mellon Corp (1.72%). Insiders that own company stock include James R Chambers, Lisa M Bachmann, Marla C Gottschalk, Michael Allen Schlonsky, Nicholas E Padovano and Ronald A Robins Jr.
View institutional ownership trends.

Shares of BIG 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 BIG stock can currently be purchased for approximately $19.01.

Big Lots (NYSE:BIG) has a market capitalization of $550.15 million and generates $6.15 billion in revenue each year. The company earns $177.78 million in net income (profit) each year or ($1.81) on an earnings per share basis.

The company employs 36,200 workers across the globe.

Big Lots' mailing address is 4900 EAST DUBLIN GRANVILLE ROAD, COLUMBUS OH, 43081. The official website for the company is www.biglots.com. The company can be reached via phone at (614) 278-6800, via email at investor_relations@biglots.com, or via fax at 614-278-6676.