Dollar General Corporation (NYSE:DG) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Dollar General Corporation (NYSE:DG) have earned an average rating of “Hold” from the twenty-eight research firms that are presently covering the company, Marketbeat reports. Sixteen research analysts have rated the stock with a hold recommendation, eleven have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $115.64.

Several research analysts have recently issued reports on the company. Wolfe Research assumed coverage on Dollar General in a research note on Thursday, September 18th. They set an “outperform” rating and a $139.00 price target for the company. Raymond James Financial lifted their price target on Dollar General from $125.00 to $130.00 and gave the stock an “outperform” rating in a research note on Friday, August 29th. UBS Group lifted their price target on Dollar General from $128.00 to $135.00 and gave the stock a “buy” rating in a research note on Friday, August 29th. Wells Fargo & Company lifted their price target on Dollar General from $105.00 to $115.00 and gave the stock an “equal weight” rating in a research note on Friday, August 29th. Finally, JPMorgan Chase & Co. lifted their price target on Dollar General from $109.00 to $115.00 and gave the stock a “neutral” rating in a research note on Monday, October 27th.

Dollar General Stock Performance

Shares of DG opened at $99.35 on Tuesday. The company has a 50-day simple moving average of $103.99 and a 200-day simple moving average of $105.41. The company has a quick ratio of 0.27, a current ratio of 1.25 and a debt-to-equity ratio of 0.71. The company has a market capitalization of $21.87 billion, a PE ratio of 18.40, a P/E/G ratio of 2.10 and a beta of 0.30. Dollar General has a 52-week low of $66.43 and a 52-week high of $117.95.

Dollar General (NYSE:DG) last announced its quarterly earnings results on Thursday, August 28th. The company reported $1.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.56 by $0.30. The business had revenue of $10.73 billion during the quarter, compared to the consensus estimate of $10.68 billion. Dollar General had a net margin of 2.86% and a return on equity of 17.97%. The business’s revenue was up 5.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.70 EPS. Dollar General has set its FY 2025 guidance at 5.800-6.300 EPS. Equities research analysts predict that Dollar General will post 5.75 earnings per share for the current fiscal year.

Dollar General Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 21st. Investors of record on Tuesday, October 7th were given a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date was Tuesday, October 7th. Dollar General’s dividend payout ratio (DPR) is currently 43.70%.

Institutional Trading of Dollar General

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Caldwell Trust Co purchased a new stake in Dollar General during the 2nd quarter worth about $25,000. Elevation Point Wealth Partners LLC purchased a new stake in Dollar General in the 2nd quarter valued at about $25,000. Atlantic Union Bankshares Corp purchased a new stake in Dollar General in the 2nd quarter valued at about $26,000. Root Financial Partners LLC purchased a new stake in Dollar General in the 3rd quarter valued at about $26,000. Finally, Peoples Financial Services CORP. purchased a new stake in Dollar General in the 3rd quarter valued at about $35,000. Hedge funds and other institutional investors own 91.77% of the company’s stock.

Dollar General Company Profile

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. It offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, disinfectants, and laundry products; packaged food comprising cereals, pasta, canned soups, fruits and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine.