NYSE:BIG - Big Lots Stock Price, News, & Analysis

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$32.60 +0.25 (+0.77 %)
(As of 02/20/2019 04:00 PM ET)
Previous Close$32.35
Today's Range$32.0450 - $32.74
52-Week Range$26.21 - $58.48
Volume1.19 million shs
Average Volume1.04 million shs
Market Capitalization$1.31 billion
P/E Ratio7.33
Dividend Yield3.71%
Beta1.31
Big Lots, Inc., through its subsidiaries, operates as a community retailer in the United States. The company offers products under various merchandising categories, such as furniture category that includes upholstery, mattress, case goods, and ready-to-assemble departments; seasonal category, which comprises Christmas trim, lawn and garden, summer, 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, and specialty foods departments. It also provides merchandise under the consumables category, which comprises health, beauty and cosmetics, plastics, paper, chemical, and pet departments; hard home category, including small appliances, table top, food preparation, stationery, greeting cards, and home maintenance departments; and electronics, toys, and accessories category consisting of electronics, toys, jewelry, and hosiery departments. As of August 31, 2018, it operated 1,416 stores in 47 states. Big Lots, Inc. was founded in 1967 and is headquartered in Columbus, Ohio.

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Industry, Sector and Symbol

Industry Variety stores
Sub-IndustryGeneral Merchandise Stores
SectorRetail/Wholesale
CUSIP08930210
Phone614-278-6800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$5.27 billion
Cash Flow$7.1806 per share
Book Value$15.93 per share

Profitability

Net Income$189.83 million

Miscellaneous

Employees34,800
Market Cap$1.31 billion
OptionableOptionable

Big Lots (NYSE:BIG) Frequently Asked Questions

What is Big Lots' stock symbol?

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

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

Big Lots announced a quarterly dividend on Friday, December 7th. Stockholders of record on Friday, December 14th will be paid a dividend of $0.30 per share on Friday, December 28th. This represents a $1.20 annualized dividend and a dividend yield of 3.68%. The ex-dividend date of this dividend is Thursday, December 13th. View Big Lots' Dividend History.

How will Big Lots' stock buyback program work?

Big Lots declared that its Board of Directors has approved a share repurchase program on Friday, March 9th 2018, which authorizes the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback programs are often an indication that the company's management believes its stock is undervalued.

How were Big Lots' earnings last quarter?

Big Lots, Inc. (NYSE:BIG) announced its quarterly earnings results on Friday, December, 7th. The company reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.01) by $0.15. The company had revenue of $1.15 billion for the quarter, compared to analysts' expectations of $1.14 billion. Big Lots had a net margin of 2.91% and a return on equity of 26.11%. Big Lots's revenue was up 3.6% compared to the same quarter last year. During the same period last year, the firm earned $0.06 earnings per share. View Big Lots' Earnings History.

When is Big Lots' next earnings date?

Big Lots is scheduled to release their next quarterly earnings announcement on Friday, March 8th 2019. View Earnings Estimates for Big Lots.

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

Big Lots issued an update on its fourth quarter earnings guidance on Friday, December, 7th. The company provided EPS guidance of $2.20-2.40 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.93. Big Lots also updated its FY 2018 guidance to $3.55-3.75 EPS.

What price target have analysts set for BIG?

17 equities research analysts have issued 1-year price targets for Big Lots' shares. Their forecasts range from $32.00 to $58.00. On average, they expect Big Lots' stock price to reach $43.80 in the next year. This suggests a possible upside of 34.4% from the stock's current price. View Analyst Price Targets for Big Lots.

What is the consensus analysts' recommendation for Big Lots?

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.

What are Wall Street analysts saying about Big Lots stock?

Here are some recent quotes from research analysts about Big Lots stock:
  • 1. According to Zacks Investment Research, "Big Lots’ shares have slumped in the past three months, owing to dismal bottom-line performance that continued in third-quarter fiscal 2018. With this, the company witnessed negative earnings surprises in the last three quarters. Based on the soft results and a flattish start to the next quarter, the company trimmed its earnings guidance for the fourth quarter and fiscal 2018. Further, soft margins trend due to higher costs remains a headwind. However, sales beat estimates and improved year over year in the fiscal third quarter, on the back of solid comps and the fiscal calendar shift. Additionally, the company’s Store of the Future initiative and the e-commerce business bode well. These along with the company’s commitment to boost shareholder value through dividends and share buybacks should bolster investors’ confidence." (2/18/2019)
  • 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)

Has Big Lots been receiving favorable news coverage?

Press coverage about BIG stock has trended neutral recently, according to InfoTrie. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Big Lots earned a daily sentiment score of 0.3 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the stock's share price in the near term.

Who are some of Big Lots' key competitors?

Who are Big Lots' key executives?

Big Lots' management team includes the folowing people:
  • Mr. Timothy A. Johnson, Exec. VP, Chief Admin. Officer & CFO (Age 51)
  • Ms. Lisa M. Bachmann, Exec. VP and Chief Merchandising & Operating Officer (Age 58)
  • Mr. Ronald A. Robins Jr., Sr. VP, Gen. Counsel & Corp. Sec. (Age 55)
  • Mr. Michael Allen Schlonsky, Exec. VP of HR & Store Operations (Age 52)
  • Mr. Bruce K. Thorn, CEO, Pres & Director (Age 52)

Who are Big Lots' major shareholders?

Big Lots' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.10%), LSV Asset Management (6.37%), Dimensional Fund Advisors LP (4.33%), Bank of New York Mellon Corp (2.83%), Deprince Race & Zollo Inc. (1.89%) and Northern Trust Corp (1.76%). Company insiders that own Big Lots stock include Bruce K Thorn, David J Campisi, Jeffrey Paul Berger, Lisa M Bachmann, Michael Allen Schlonsky, Ronald A Robins Jr, Russell Solt and Timothy A Johnson. View Institutional Ownership Trends for Big Lots.

Which major investors are selling Big Lots stock?

BIG stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Nuveen Asset Management LLC, Bank of America Corp DE, Rothschild & Co. Asset Management US Inc., Tyvor Capital LLC, Comerica Bank, Endurance Wealth Management Inc. and Principal Financial Group Inc.. Company insiders that have sold Big Lots company stock in the last year include David J Campisi, Lisa M Bachmann, Michael Allen Schlonsky and Ronald A Robins Jr. View Insider Buying and Selling for Big Lots.

Which major investors are buying Big Lots stock?

BIG stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Canada Pension Plan Investment Board, Two Sigma Advisers LP, Springhouse Capital Management LP, Bessemer Group Inc., Prudential Financial Inc., Bank of New York Mellon Corp and Squarepoint Ops LLC. View Insider Buying and Selling for Big Lots.

How do I buy shares of Big Lots?

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.

What is Big Lots' stock price today?

One share of BIG stock can currently be purchased for approximately $32.60.

How big of a company is Big Lots?

Big Lots has a market capitalization of $1.31 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.

What is Big Lots' official website?

The official website for Big Lots is http://www.biglots.com.

How can I contact Big Lots?

Big Lots' mailing address is 4900 E. DUBLIN GRANVILLE ROAD, COLUMBUS OH, 43081. The company can be reached via phone at 614-278-6800 or via email at [email protected]


MarketBeat Community Rating for Big Lots (NYSE BIG)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  551 (Vote Outperform)
Underperform Votes:  559 (Vote Underperform)
Total Votes:  1,110
MarketBeat's community ratings are surveys of what our community members think about Big Lots and other stocks. Vote "Outperform" if you believe BIG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BIG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/20/2019 by MarketBeat.com Staff

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