Big Lots’ Dividend Drought: Shareholders’ Returns Hinge on Uncertain Stock Performance
TipRanks (Sat, 20-Apr 2:00 AM ET)
Big Lots adds borrowing capacity with new term loan facility
Seeking Alpha News (Thu, 18-Apr 5:43 PM ET)
Big Lots Boosts Liquidity, Adds Borrowing Capacity with New Term Loan Facility
PRNewswire (Thu, 18-Apr 5:37 PM ET)
Big Lots Bolsters Global Product Sourcing with Launch of Asia-based Buying Offices
PRNewswire (Mon, 1-Apr 11:00 AM ET)
PRNewswire (Thu, 14-Mar 12:30 PM ET)
Big Lots Reports Q4 and Full Year 2023 Results
PRNewswire (Thu, 7-Mar 7:00 AM ET)
Big Lots Appoints Maureen B. Short to its Board of Directors
PRNewswire (Tue, 5-Mar 7:00 AM ET)
PRNewswire (Thu, 22-Feb 1:00 PM ET)
Big Lots to Report Fourth Quarter and Full Year 2023 Results on March 7, 2024
PRNewswire (Mon, 12-Feb 7:00 AM ET)
Big Lots Inc is principally engaged in operating discount retail stores. The company provides a broad range of merchandise, including food, consumables, soft home products, hard home products, furniture, electronics and accessories, and seasonal products. The company sources the merchandise from traditional and close-out channels. In addition to merchandise, the company sells gift cards, issues merchandise credits, and more. The company operates stores throughout the United States, with around one-third of its stores in California, Texas, Ohio, and Florida.
Big Lots trades on the NYSE stock market under the symbol BIG.
As of April 23, 2024, BIG stock price declined to $3.43 with 955,470 million shares trading.
BIG has a beta of 1.48, meaning it tends to be more sensitive to market movements. BIG has a correlation of 0.04 to the broad based SPY ETF.
BIG has a market cap of $101.23 million. This is considered a Micro Cap stock.
Last quarter Big Lots reported $1 billion in Revenue and -$.28 earnings per share. This beat revenue expectation by $2 million and missed earnings estimates by -$.05.
In the last 3 years, BIG stock traded as high as $73.23 and as low as $3.13.
The top ETF exchange traded funds that BIG belongs to (by Net Assets): VTI, IWM, FNDX, VXF, IWN.
BIG has underperformed the market in the last year with a price return of -59.3% while the SPY ETF gained +24.3%. BIG has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -45.4% and -11.4%, respectively, while the SPY returned +4.9% and -2.5%, respectively.
BIG support price is $3.43 and resistance is $3.85 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BIG stock will trade within this expected range on the day.