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How to Buy Dollar Tree Stock

Dollar Tree Inc

Dollar Tree, Inc. operates discount variety retail stores. It operates in two segments, Dollar Tree and Family Dollar.

Dollar Tree stock last closed at $115.37, up 0.67% from the previous day, and has decreased 25.74% in one year. It has underperformed other stocks in the Discount Stores industry by 0.49 percentage points. Dollar Tree stock is currently +12.26% from its 52-week low of $102.77, and -25.55% from its 52-week high of $154.96.

At the moment, there are 217.98M DLTR shares outstanding. The market cap of DLTR is $25.15B. In the last 24 hours, 1.63M DLTR shares were traded.

How to Buy Dollar Tree Stock

Wondering how to invest in Dollar Tree stock? Here's how.
  1. Figure out where to buy Dollar Tree stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you determine where to buy Dollar Tree stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Fund your brokerage account: Pick your method of payment and add your information.
  4. Research Dollar Tree stock: The Dollar Tree ticker symbol is DLTR. Is Dollar Tree stock a good investment? Should you buy shares of DLTR? How do DLTR's underlying business fundamentals look? Do top analysts think Dollar Tree is a good buy? Why has DLTR's stock price moved recently? (Hint: Our stock market research website can help you evaluate if DLTR is a good stock to buy).
  5. Make your DLTR purchase: Decide if you will purchase DLTR shares at the current market price or use a limit order to buy DLTR stock at a particular price.
  6. Get key alerts regarding your investment in DLTR: Create a watchlist to important updates regarding your position in Dollar Tree stock.

Step 1: Figure out where to buy Dollar Tree stock

You need a brokerage account in order to access the NASDAQ market and buy DLTR stock.

A brokerage account allows you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

We believe that eToro is the best stock brokerage. eToro gives you:

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  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
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  • Social investing: eToro has a community of more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of other investors.
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Get $10 towards your purchase of shares by creating an account with eToro today.

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Step 2: Open a brokerage account

Now that you've picked the best brokerage, it's time to fill out some personal information so you can invest in DLTR today.

How to Set Up a New Investment Account on eToro

  1. Click here to get started.
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  2. Provide your personal data to start a new trading account.
  1. Submit your information by pressing the "Create Account" button.
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Step 3: Fund your brokerage account

Now that you have filled out your info on the best stock trading app for beginners, you can securely and quickly fund your account:

Watch this video walkthrough for more details transferring funds into your investment account.

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Step 4: Research Dollar Tree stock

Once you have selected the best place to buy Dollar Tree stock, it's crucial to analyze their stock before you buy, so you actually understand the risk and opportunity.

Dollar Tree Metrics

DLTR Price
$115.37
1w %
-1.65%
1y %
-25.74%
5y %
17.22%
P/E
-25.36x
P/B
3.44x
P/S
0.83x
PEG
N/A
Revenue
$30.60B
Earnings
-$998.40M
Fore. Rev. Growth
5.08%
Fore. Earn. Growth
N/A
Market Cap
$25.15B
Next Earnings
Jun 5, 2024
Next Dividend
N/A

DLTR Due Diligence Checks

WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis.

You can view all of the due diligence checks on DLTR's stock page.

Is DLTR stock undervalued or overvalued?

Analysts use many financial metrics, analyses, models, and charts to gauge DLTR's true value.

Using relative valuations metrics:

  • DLTR could be undervalued based on its P/B ratio of 3.44x, relative to Discount Stores industry P/B ratio of 7.56x

You can do more valuation analysis on DLTR's stock here.

DLTR Financial Summary

Positive Financial Indicators:

  • There are more short-term assets than short-term liabilities on the DLTR balance sheet.
  • DLTR's operating cash flow of $2.68B allows it to safely service it's debt of $10.39B.

Negative Financial Indicators:

  • DLTR profit margin has gone down from 5.7% to -3.3% in the past year.
  • Total DLTR debt is higher than 5 years ago, relative to shareholder equity.
  • DLTR has a relatively high debt to equity ratio of 2.01.
  • DLTR earnings of -$881.90M is not sufficient to cover its interest payments.
  • There are more long-term liabilities than short-term assets on the DLTR balance sheet.

Is Dollar Tree stock a Buy, Hold, or Sell, according to analysts?

Out of 13 Wall Street analysts who monitor DLTR, the consensus analyst rating on Dollar Tree is a Strong Buy

It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.

Most Recent DLTR Analyst Ratings

Michael Montani, a bottom 11% analyst from Evercore ISI Group maintains DLTR with a hold rating and lowers their DLTR price target from $157.00 to $144.00, on Mar 14, 2024.

Kelly Bania, a top 14% analyst from BMO Capital maintains DLTR with a buy rating and lowers their DLTR price target from $170.00 to $160.00, on Mar 14, 2024.

Peter Keith, a top 9% analyst from Piper Sandler maintains DLTR with a strong buy rating and lowers their DLTR price target from $171.00 to $168.00, on Mar 14, 2024.

Scot Ciccarelli, a top 6% analyst from Truist Securities maintains DLTR with a strong buy rating and lowers their DLTR price target from $149.00 to $147.00, on Mar 14, 2024.

Joe Feldman, a top 1% analyst from Telsey Advisory Group reiterates DLTR with a buy rating and maintains their DLTR price target from $160.00 to $160.00, on Mar 14, 2024.

You can dive deeper into what analysts are saying on the Dollar Tree stock forecast page.

DLTR Trading Indicators

SMA10
116.84
SMA20
118.36
SMA50
123.66
SMA100
131.55
SMA200
125.82
MACD
-2.73
MACD Signal
-2.6
MACD Histogram
-0.13
RSI
38.07
Stochastic %K
18.73
Stochastic %D
14.13
StochRSI %K
32.09
StochRSI %D
23.97

DLTR Growth Numbers

Last year, DLTR revenue was $30.60B. Over the past five year, DLTR's revenue has increased by 6.04% per year. This was slower than the Discount Stores industry average of 7.33%.

You can research DLTR's earnings and revenue performance here.

What are DLTR executives and large shareholders up to?

Over the last 12 months, insiders at DLTR have bought more shares than they have sold.

Jeffrey A. Davis, Chief Financial Officer of DLTR, was the latest DLTR insider to buy. They bought $244,794.60 worth of DLTR shares on Apr 1, 2024.

Research more about who owns DLTR shares here.

Can I rely on DLTR as an income stream?

No, Dollar Tree doesn't provide an income stream by paying out dividends.

Get analysis from other traders

One of the reasons eToro is our favorite brokerage is because of its social trading community.

Click below to find out what other traders have to say.

Step 5: Make your DLTR purchase

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are mostly fine for most investors.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a given dollar amount limit, place a limit order.

Press the Open button and your broker will execute the order.

If you want more help buying stocks on eToro, watch the how to video below:

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Step 6: Get key alerts regarding your investment in DLTR

Now that you own some DLTR shares, you'll want to keep up with your new company.

Start a watchlist to track your DLTR stock.

DLTR Feed

How to Buy Stock in Dollar Tree

To summarize, here are the 6 steps you need to take to buy Dollar Tree stock right now:

  1. Figure out where to buy Dollar Tree stock
  2. Open a brokerage account
  3. Fund your brokerage account
  4. Research Dollar Tree stock
  5. Make your DLTR purchase
  6. Get key alerts regarding your investment in DLTR

If you are looking for a place to buy stocks, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to track your new investment in Dollar Tree, click below.

NASDAQ: DLTR
$115.37+0.77 (+0.67%)
Updated May 24, 2024
Open eToro Account
NASDAQ: DLTR
$115.37+0.77 (+0.67%)
Updated May 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Dollar Tree share?

As of May 24, 2024, it costs $115.37 to buy one share of Dollar Tree stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.087 shares of DLTR.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Dollar Tree stock?

According to 13 Wall Street analysts who monitor Dollar Tree, their consensus recommendation is to buy Dollar Tree stock.

What is the best way to buy Dollar Tree stock?

One way to place an order for Dollar Tree stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.