Big Lots - BIG Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Big Lots in the last year. There are currently 5 sell ratings and 4 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "sell" BIG shares.
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9 Wall Street analysts have issued 12-month target prices for Big Lots' shares. Their BIG share price forecasts range from $9.00 to $25.00. On average, they expect the company's share price to reach $17.00 in the next year. This suggests a possible upside of 7.9% from the stock's current price.
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Big Lots' stock was trading at $14.70 at the start of the year. Since then, BIG shares have increased by 7.2% and is now trading at $15.76.
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Big Lots saw a increase in short interest in December. As of December 15th, there was short interest totaling 8,310,000 shares, an increase of 9.3% from the November 30th total of 7,600,000 shares. Based on an average daily volume of 1,120,000 shares, the short-interest ratio is currently 7.4 days. Currently, 29.7% of the company's shares are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, March 2nd 2023.
View our BIG earnings forecast.

Big Lots, Inc. (NYSE:BIG) released its quarterly earnings data on Thursday, December, 1st. The company reported ($2.99) earnings per share for the quarter, missing analysts' consensus estimates of ($2.92) by $0.07. The firm had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.21 billion. Big Lots had a negative net margin of 2.62% and a negative trailing twelve-month return on equity of 12.03%.

Big Lots declared a quarterly dividend on Tuesday, November 29th. Stockholders of record on Wednesday, December 14th will be given a dividend of $0.30 per share on Wednesday, December 28th. This represents a $1.20 annualized dividend and a yield of 7.61%. The ex-dividend date is Tuesday, December 13th.
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 7.12%. 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 stock buyback plan on Friday, December 3rd 2021, which permits the company to repurchase $250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 17.5% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's board 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 variety of institutional and retail investors. Top institutional investors include Kovitz Investment Group Partners LLC (0.15%), SummerHaven Investment Management LLC (0.12%), Econ Financial Services Corp (0.10%), Sigma Planning Corp (0.09%), Yousif Capital Management LLC (0.08%) and Versor Investments LP (0.07%). Insiders that own company stock include James R Chambers, Lisa M Bachmann, Michael Allen Schlonsky and Nicholas E Padovano.
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 $15.76.

Big Lots (NYSE:BIG) has a market capitalization of $456.41 million and generates $6.15 billion in revenue each year. The company earns $177.78 million in net income (profit) each year or ($5.23) 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.