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Average 126% gains – NO losers!?   (Ad)pixel
Sinema took Wall Street money while killing tax on investors
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Average 126% gains – NO losers!?   (Ad)pixel
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Average 126% gains – NO losers!?   (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
Average 126% gains – NO losers!?   (Ad)pixel
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
Average 126% gains – NO losers!?   (Ad)pixel
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Italy's Lake Garda shrinks to near-historic low amid drought
Average 126% gains – NO losers!?   (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
Average 126% gains – NO losers!?   (Ad)pixel
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
Average 126% gains – NO losers!?   (Ad)pixel
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Italy's Lake Garda shrinks to near-historic low amid drought
Average 126% gains – NO losers!?   (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
Average 126% gains – NO losers!?   (Ad)pixel
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
Average 126% gains – NO losers!?   (Ad)pixel
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Italy's Lake Garda shrinks to near-historic low amid drought
Average 126% gains – NO losers!?   (Ad)pixel
NYSE:BIG

Big Lots - BIG Stock Forecast, Price & News

$23.68
+0.53 (+2.29%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$23.07
$23.86
50-Day Range
$18.60
$24.97
52-Week Range
$18.16
$59.13
Volume
575,603 shs
Average Volume
993,410 shs
Market Capitalization
$684.83 million
P/E Ratio
10.81
Dividend Yield
5.18%
Price Target
$24.63

Big Lots MarketRank™ Forecast

Analyst Rating
Hold
1.50 Rating Score
Upside/​Downside
4.0% Upside
$24.63 Price Target
Short Interest
Bearish
37.67% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.36mentions of Big Lots in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($2.34) to $1.50 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.98 out of 5 stars

Retail/Wholesale Sector

164th out of 221 stocks

Variety Stores Industry

10th out of 11 stocks

BIG stock logo

About Big Lots (NYSE:BIG) Stock

Big Lots, Inc., through its subsidiaries, operates as a home discount retailer in the United States. The company offers products under various merchandising categories, such as furniture category that includes upholstery, mattresses, case goods, and ready-to-assemble departments; seasonal category, which comprises patio furniture, gazebos, Christmas trim, and other holiday departments; soft home category that consists of fashion and utility bedding, bath, window, decorative textile, home organization, area rugs, home décor, and frames departments; and food category that includes beverage and grocery, candy and snacks, specialty foods, and pet departments. It also provides merchandise under the consumables category, which comprises health, beauty and cosmetics, plastics, paper, and chemical departments; hard home category, including small appliances, tabletops, and food preparation and stationery products; home maintenance and organization products; toys; and accessories category consisting of apparel, electronics, jewelry, apparel, and hosiery departments. As of January 29, 2022, it operated 1,431 stores in 47 states and an e-commerce platform. Big Lots, Inc. was founded in 1967 and is headquartered in Columbus, Ohio.

Big Lots Stock Performance

Shares of Big Lots stock traded up $0.53 during trading on Friday, hitting $23.68. 575,603 shares of the stock were exchanged, compared to its average volume of 993,410. The company has a current ratio of 1.52, a quick ratio of 0.19 and a debt-to-equity ratio of 0.28. The company has a fifty day moving average price of $21.94 and a 200-day moving average price of $30.39. The stock has a market capitalization of $684.83 million, a price-to-earnings ratio of 10.81 and a beta of 1.97. Big Lots has a 1-year low of $18.16 and a 1-year high of $59.13.

Big Lots (NYSE:BIG - Get Rating) last announced its quarterly earnings results on Friday, May 27th. The company reported ($0.39) earnings per share for the quarter, missing analysts' consensus estimates of $0.89 by ($1.28). Big Lots had a return on equity of 7.25% and a net margin of 1.22%. The business had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.46 billion. During the same period last year, the firm earned $2.62 EPS. Big Lots's quarterly revenue was down 15.4% compared to the same quarter last year. As a group, equities analysts predict that Big Lots will post -2.34 EPS for the current fiscal year.

Big Lots Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 24th. Shareholders of record on Friday, June 10th were given a dividend of $0.30 per share. The ex-dividend date was Thursday, June 9th. This represents a $1.20 dividend on an annualized basis and a yield of 5.07%. Big Lots's dividend payout ratio (DPR) is 54.79%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. Telsey Advisory Group reduced their price objective on Big Lots from $32.00 to $30.00 and set a "market perform" rating for the company in a research report on Tuesday, May 31st. Bank of America lowered their price objective on shares of Big Lots from $31.00 to $25.00 and set an "underperform" rating on the stock in a report on Tuesday, May 24th. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Big Lots from $31.00 to $23.00 in a report on Tuesday, May 31st. Piper Sandler lowered their price target on shares of Big Lots to $25.00 in a research note on Monday, May 30th. Finally, Loop Capital reduced their price objective on shares of Big Lots from $27.00 to $22.00 and set a "hold" rating for the company in a research note on Tuesday, June 21st. Four investment analysts have rated the stock with a sell rating and five have given a hold rating to the stock. Based on data from MarketBeat.com, Big Lots has a consensus rating of "Hold" and an average target price of $24.63.

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BIG Stock News Headlines

Big Lots Stock is a Value Play at These Levels
Home discount retailer Big Lots (NYSE: BIG) stock has tanked (-54%) in 2022. The Company was a benefactor during the pandemic as consumers spent buoyantly on home improvement items.
Big Lots Sees Unusually High Options Volume (NYSE:BIG)
Big Lots: Big Upside
Brokerages Set Big Lots, Inc. (NYSE:BIG) PT at $24.63
Expert Ratings for Big Lots
Big Lots Is In a Big Hole
Big Lots (NYSE:BIG) Will Pay A Dividend Of US$0.30
See More Headlines
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BIG Company Calendar

Last Earnings
5/27/2022
Ex-Dividend for 6/24 Dividend
6/09/2022
Dividend Payable
6/24/2022
Today
8/13/2022
Next Earnings (Estimated)
8/26/2022
Fiscal Year End
1/31/2023

Industry, Sector and Symbol

Industry
Variety stores
Sub-Industry
General Merchandise Stores
CUSIP
08930210
Employees
36,200
Year Founded
1967

Price Target and Rating

Average Stock Price Forecast
$24.63
High Stock Price Forecast
$30.00
Low Stock Price Forecast
$22.00
Forecasted Upside/Downside
+4.0%
Consensus Rating
Hold
Rating Score (0-4)
1.50
Research Coverage
8 Analysts

Profitability

Net Income
$177.78 million
Pretax Margin
1.62%

Debt

Sales & Book Value

Annual Sales
$6.15 billion
Cash Flow
$10.91 per share
Book Value
$32.99 per share

Miscellaneous

Free Float
28,136,000
Market Cap
$684.83 million
Optionable
Optionable
Beta
1.97

Social Links


Key Executives

  • Mr. Bruce K. Thorn (Age 55)
    CEO, Pres & Director
    Comp: $3.54M
  • Mr. Jonathan E. Ramsden (Age 57)
    Exec. VP, CFO & Chief Admin. Officer
    Comp: $1.45M
  • Mr. Ronald A. Robins Jr. (Age 58)
    Exec. VP, Chief Legal & Governance Officer, Gen. Counsel and Corp. Sec.
    Comp: $1.04M
  • Mr. Michael Allen Schlonsky (Age 55)
    Exec. VP & Chief HR Officer
    Comp: $1.09M
  • Mr. Jason N. Judd (Age 45)
    Sr. VP of Corp. Fin. & Treasurer
  • Ms. Joice Wirkus
    Sr. VP of Marketing
  • Mr. Stewart W. Wenerstrom (Age 55)
    Exec. Officer
  • Mr. Nicholas E. Padovano (Age 58)
    Exec. VP & Chief Stores Officer
  • Mr. Andrej Mueller (Age 45)
    Exec. VP of Strategy & Chief Customer Officer
  • Mr. Gene Eddie Burt II (Age 56)
    Exec. VP & Chief Supply Chain Officer













BIG Stock - Frequently Asked Questions

Should I buy or sell Big Lots stock right now?

8 Wall Street equities research 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 equities research 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.
View BIG analyst ratings
or view top-rated stocks.

What is Big Lots' stock price forecast for 2022?

8 Wall Street analysts have issued 12 month price targets for Big Lots' shares. Their BIG share price forecasts range from $22.00 to $30.00. On average, they expect the company's stock price to reach $24.63 in the next year. This suggests a possible upside of 4.0% from the stock's current price.
View analysts price targets for BIG
or view top-rated stocks among Wall Street analysts.

How have BIG shares performed in 2022?

Big Lots' stock was trading at $45.05 at the beginning of 2022. Since then, BIG stock has decreased by 47.4% and is now trading at $23.68.
View the best growth stocks for 2022 here
.

When is Big Lots' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, August 26th 2022.
View our BIG earnings forecast
.

How were Big Lots' earnings last quarter?

Big Lots, Inc. (NYSE:BIG) released its earnings results on Friday, May, 27th. The company reported ($0.39) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.89 by $1.28. The company had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.46 billion. Big Lots had a trailing twelve-month return on equity of 7.25% and a net margin of 1.22%. The business's quarterly revenue was down 15.4% on a year-over-year basis. During the same quarter last year, the business posted $2.62 earnings per share.

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

Big Lots declared a quarterly dividend on Friday, May 27th. Investors of record on Friday, June 10th will be given a dividend of $0.30 per share on Friday, June 24th. This represents a $1.20 dividend on an annualized basis and a yield of 5.07%. The ex-dividend date of this dividend is Thursday, June 9th.
Read our dividend analysis for BIG
.

Is Big Lots a good dividend stock?

Big Lots (NYSE:BIG) pays an annual dividend of $1.20 per share and currently has a dividend yield of 5.18%. BIG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 54.79%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, BIG will have a dividend payout ratio of 80.00% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for BIG.

How will Big Lots' stock buyback program work?

Big Lots announced that its Board of Directors has authorized a stock buyback program on Friday, December 3rd 2021, which allows the company to buyback $250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy up to 17.5% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board of directors believes its shares are undervalued.

What is Bruce Thorn's approval rating as Big Lots' CEO?

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.

What other stocks do shareholders of Big Lots own?

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).

What is Big Lots' stock symbol?

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

Who are Big Lots' major shareholders?

Big Lots' stock is owned by a number of retail and institutional investors. Top institutional shareholders include FMR LLC (14.36%), Border to Coast Pensions Partnership Ltd (4.65%), Northern Trust Corp (2.35%), Landscape Capital Management L.L.C. (1.25%), Clifford Capital Partners LLC (1.25%) and Victory Capital Management Inc. (1.24%). 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
.

How do I buy shares of Big Lots?

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.
Compare Top Brokerages Here.

What is Big Lots' stock price today?

One share of BIG stock can currently be purchased for approximately $23.68.

How much money does Big Lots make?

Big Lots (NYSE:BIG) has a market capitalization of $684.83 million and generates $6.15 billion in revenue each year. The company earns $177.78 million in net income (profit) each year or $2.19 on an earnings per share basis.

How many employees does Big Lots have?

The company employs 36,200 workers across the globe.

When was Big Lots founded?

Big Lots was founded in 1967.

How can I contact Big Lots?

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.

This page (NYSE:BIG) was last updated on 8/13/2022 by MarketBeat.com Staff

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