Dollar General (NYSE:DG) Announces Earnings Results

Dollar General (NYSE:DG) announced its quarterly earnings data on Tuesday. The company reported $1.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.46 by $0.32, RTT News reports. The firm had revenue of $10.44 billion during the quarter, compared to the consensus estimate of $10.25 billion. Dollar General had a return on equity of 18.85% and a net margin of 3.33%. The business’s revenue for the quarter was up 5.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.65 EPS. Dollar General updated its FY 2025 guidance to 5.200-5.800 EPS.

Dollar General Trading Down 0.6%

DG opened at $111.89 on Thursday. The stock has a market cap of $24.61 billion, a PE ratio of 18.43, a PEG ratio of 2.18 and a beta of 0.26. The company has a quick ratio of 0.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.78. The business has a 50 day moving average of $93.85 and a 200-day moving average of $82.03. Dollar General has a 52 week low of $66.43 and a 52 week high of $135.57.

Dollar General Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 22nd. Stockholders of record on Tuesday, July 8th will be paid a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.11%. The ex-dividend date is Tuesday, July 8th. Dollar General’s payout ratio is presently 46.18%.

Insider Activity

In related news, EVP Emily C. Taylor sold 809 shares of the firm’s stock in a transaction that occurred on Friday, April 4th. The stock was sold at an average price of $94.72, for a total transaction of $76,628.48. Following the completion of the transaction, the executive vice president now owns 48,532 shares of the company’s stock, valued at $4,596,951.04. This trade represents a 1.64% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.56% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of 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 worth $2,314,000 after purchasing an additional 1,185 shares in the last quarter. NewEdge Advisors LLC lifted its position in Dollar General by 12.3% during the first 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 in the last quarter. Finally, Woodline Partners LP lifted its position in Dollar General by 40.7% during the first 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 in the last quarter. Institutional investors own 91.77% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on DG. Raymond James upped their price objective on Dollar General from $100.00 to $125.00 and gave the company an “outperform” rating in a research note on Wednesday. Piper Sandler upped their price target on Dollar General from $79.00 to $81.00 and gave the company a “neutral” rating in a research report on Friday, March 14th. Sanford C. Bernstein set a $120.00 price target on Dollar General in a research report on Friday, May 23rd. Guggenheim upped their price target on Dollar General from $100.00 to $105.00 and gave the company a “buy” rating in a research report on Thursday, May 8th. Finally, Loop Capital increased their price objective on Dollar General from $80.00 to $110.00 and gave the stock a “hold” rating in a report on Wednesday. Fifteen investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $108.19.

About Dollar General

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.