Dollar General Sees Unusually High Options Volume (NYSE:DG)

Dollar General Corporation (NYSE:DG) was the target of unusually large options trading activity on Monday. Traders purchased 8,317 put options on the company. This is an increase of approximately 26% compared to the typical volume of 6,582 put options.

Dollar General Price Performance

DG stock traded down $0.34 during trading on Monday, hitting $110.27. The stock had a trading volume of 2,173,966 shares, compared to its average volume of 3,320,213. Dollar General has a twelve month low of $95.11 and a twelve month high of $158.23. The company’s 50-day moving average price is $115.48 and its two-hundred day moving average price is $128.67. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.13 and a quick ratio of 0.22. The stock has a market capitalization of $24.28 billion, a P/E ratio of 16.10, a PEG ratio of 1.80 and a beta of 0.26.

Dollar General (NYSE:DG) last announced its earnings results on Thursday, March 12th. The company reported $1.93 EPS for the quarter, beating analysts’ consensus estimates of $1.57 by $0.36. Dollar General had a return on equity of 18.66% and a net margin of 3.54%.The business had revenue of $10.91 billion during the quarter, compared to analysts’ expectations of $10.78 billion. During the same quarter in the prior year, the firm earned $0.87 earnings per share. The business’s revenue was up 5.9% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. As a group, research analysts predict that Dollar General will post 7.25 EPS for the current fiscal year.

Dollar General Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 21st. Shareholders of record on Tuesday, April 7th were issued a $0.59 dividend. The ex-dividend date was Tuesday, April 7th. This represents a $2.36 dividend on an annualized basis and a yield of 2.1%. Dollar General’s dividend payout ratio is presently 34.45%.

Institutional Trading of Dollar General

A number of hedge funds have recently bought and sold shares of DG. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Dollar General by 4.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,317 shares of the company’s stock valued at $2,314,000 after purchasing an additional 1,185 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in Dollar General by 12.3% in the 1st quarter. NewEdge Advisors LLC now owns 10,450 shares of the company’s stock valued at $919,000 after purchasing an additional 1,148 shares during the last quarter. Woodline Partners LP boosted its holdings in Dollar General by 40.7% in the 1st quarter. Woodline Partners LP now owns 18,580 shares of the company’s stock valued at $1,634,000 after purchasing an additional 5,373 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in Dollar General in the 2nd quarter valued at about $211,000. Finally, Jump Financial LLC acquired a new position in Dollar General in the 2nd quarter valued at about $209,000. Institutional investors and hedge funds own 91.77% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on DG. Rothschild & Co Redburn cut their price objective on shares of Dollar General from $111.00 to $90.00 and set a “sell” rating on the stock in a research note on Monday, May 18th. Guggenheim cut their price objective on shares of Dollar General from $165.00 to $160.00 and set a “buy” rating on the stock in a research note on Friday, March 13th. Jefferies Financial Group cut their price objective on shares of Dollar General from $170.00 to $155.00 and set a “buy” rating on the stock in a research note on Monday, May 18th. Wall Street Zen lowered shares of Dollar General from a “buy” rating to a “hold” rating in a research note on Saturday, April 4th. Finally, Gordon Haskett downgraded shares of Dollar General from a “buy” rating to a “hold” rating and lowered their price target for the stock from $140.00 to $110.00 in a report on Friday, May 22nd. Twelve investment analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Dollar General presently has a consensus rating of “Hold” and an average target price of $139.19.

About Dollar General

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.