Brokerages Set Dollar General Corporation (NYSE:DG) PT at $141.35

Shares of Dollar General Corporation (NYSE:DG) have received an average recommendation of “Hold” from the twenty-nine brokerages that are presently covering the firm, MarketBeat Ratings reports. Fifteen equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $143.8519.

Several equities analysts have commented on the company. Weiss Ratings reiterated a “hold (c-)” rating on shares of Dollar General in a research report on Monday, December 29th. Loop Capital upped their price objective on Dollar General from $120.00 to $145.00 and gave the company a “hold” rating in a research note on Friday. BMO Capital Markets raised their price objective on shares of Dollar General from $115.00 to $130.00 and gave the company a “market perform” rating in a report on Friday, December 5th. Truist Financial set a $144.00 target price on shares of Dollar General in a report on Friday, January 16th. Finally, Wall Street Zen upgraded shares of Dollar General from a “hold” rating to a “buy” rating in a research report on Saturday, December 6th.

Dollar General Price Performance

DG stock opened at $147.39 on Thursday. The stock has a market cap of $32.44 billion, a price-to-earnings ratio of 25.46, a P/E/G ratio of 2.44 and a beta of 0.24. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.17 and a quick ratio of 0.24. The company has a 50 day simple moving average of $139.19 and a 200 day simple moving average of $117.46. Dollar General has a 1 year low of $70.01 and a 1 year high of $154.75.

Dollar General (NYSE:DG) last issued its earnings results on Thursday, December 4th. The company reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.95 by $0.33. Dollar General had a net margin of 3.03% and a return on equity of 18.59%. The firm had revenue of $10.65 billion for the quarter, compared to analyst estimates of $10.60 billion. During the same quarter last year, the business posted $0.89 earnings per share. The company’s quarterly revenue was up 4.6% on a year-over-year basis. Dollar General has set its FY 2025 guidance at 6.300-6.500 EPS. Research analysts anticipate that Dollar General will post 5.75 EPS for the current fiscal year.

Dollar General Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 20th. Investors of record on Tuesday, January 6th were given a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Tuesday, January 6th. Dollar General’s dividend payout ratio (DPR) is currently 40.76%.

Insider Buying and Selling

In other Dollar General news, EVP Bryan D. Wheeler sold 9,776 shares of the stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $135.32, for a total transaction of $1,322,888.32. Following the completion of the sale, the executive vice president owned 22,295 shares of the company’s stock, valued at approximately $3,016,959.40. This represents a 30.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Tracey N. Herrmann sold 12,583 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $125.07, for a total transaction of $1,573,755.81. Following the completion of the transaction, the executive vice president owned 30,948 shares in the company, valued at $3,870,666.36. This trade represents a 28.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 58,673 shares of company stock valued at $7,713,389 over the last 90 days. 0.56% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Dollar General

Several hedge funds and other institutional investors have recently bought and sold shares of DG. BOKF NA grew its stake in shares of Dollar General by 15.2% in the 4th quarter. BOKF NA now owns 554 shares of the company’s stock valued at $74,000 after buying an additional 73 shares during the period. Optimize Financial Inc boosted its holdings in Dollar General by 1.4% in the fourth quarter. Optimize Financial Inc now owns 5,550 shares of the company’s stock worth $737,000 after acquiring an additional 76 shares in the last quarter. Tevis Investment Management grew its stake in Dollar General by 0.5% in the third quarter. Tevis Investment Management now owns 16,655 shares of the company’s stock valued at $1,721,000 after acquiring an additional 77 shares during the period. Frank Rimerman Advisors LLC increased its holdings in shares of Dollar General by 1.7% during the fourth quarter. Frank Rimerman Advisors LLC now owns 4,628 shares of the company’s stock valued at $614,000 after acquiring an additional 77 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC lifted its holdings in shares of Dollar General by 69.3% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company’s stock worth $26,000 after purchasing an additional 79 shares in the last quarter. 91.77% of the stock is owned by institutional investors.

Dollar General Company Profile

Dollar General Corporation is a U.S.-based variety and discount retailer operating a large network of small-format stores that serve primarily rural and suburban communities. The company is publicly traded on the New York Stock Exchange under the ticker DG and is headquartered in the Nashville/Goodlettsville, Tennessee area. Founded in 1939, Dollar General has grown from a regional operation into one of the nation’s prominent low-price retailers focused on convenience and value.

Dollar General’s stores offer a wide assortment of everyday consumables and household goods, including food and beverage items, cleaning supplies, health and beauty products, paper goods, apparel basics, seasonal merchandise and small household items.