Buckingham Research reiterated their neutral rating on shares of Dollar General Corporation (NYSE:DG) in a research note released on Monday. They currently have a $75.00 price objective on the stock.

A number of other research firms have also weighed in on DG. Deutsche Bank AG reiterated a hold rating and issued a $79.00 price objective (up from $78.00) on shares of Dollar General Corporation in a research note on Saturday, June 3rd. Jefferies Group LLC reiterated a hold rating and issued a $68.00 price objective on shares of Dollar General Corporation in a research note on Wednesday, July 19th. Royal Bank Of Canada lifted their price objective on shares of Dollar General Corporation from $81.00 to $85.00 and gave the company an outperform rating in a research note on Friday, June 2nd. Zacks Investment Research upgraded shares of Dollar General Corporation from a hold rating to a buy rating and set a $83.00 price objective for the company in a research note on Friday, June 9th. Finally, Sanford C. Bernstein reiterated an outperform rating and issued a $88.00 price objective on shares of Dollar General Corporation in a research note on Wednesday, May 17th. Two research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and eleven have issued a buy rating to the company. The company presently has a consensus rating of Hold and an average price target of $80.89.

Shares of Dollar General Corporation (NYSE DG) traded up 0.67% during midday trading on Monday, hitting $76.92. The company had a trading volume of 577,150 shares. The company’s 50-day moving average price is $71.91 and its 200 day moving average price is $72.44. Dollar General Corporation has a 12-month low of $65.97 and a 12-month high of $94.75. The company has a market capitalization of $21.09 billion, a price-to-earnings ratio of 17.39 and a beta of 0.93.

Dollar General Corporation (NYSE:DG) last released its quarterly earnings data on Thursday, June 1st. The company reported $1.03 earnings per share for the quarter, beating analysts’ consensus estimates of $1.00 by $0.03. Dollar General Corporation had a net margin of 5.53% and a return on equity of 23.07%. The business had revenue of $5.61 billion during the quarter, compared to analyst estimates of $5.59 billion. During the same period in the previous year, the business earned $1.03 EPS. Dollar General Corporation’s revenue was up 6.5% compared to the same quarter last year. Equities research analysts predict that Dollar General Corporation will post $4.50 earnings per share for the current fiscal year.

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The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 25th. Shareholders of record on Tuesday, July 11th were given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.36%. The ex-dividend date was Friday, July 7th. Dollar General Corporation’s payout ratio is 23.48%.

Institutional investors have recently added to or reduced their stakes in the stock. Chevy Chase Trust Holdings Inc. boosted its position in shares of Dollar General Corporation by 2.7% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 221,363 shares of the company’s stock valued at $15,436,000 after buying an additional 5,719 shares in the last quarter. Creative Planning boosted its position in shares of Dollar General Corporation by 34.6% in the first quarter. Creative Planning now owns 7,168 shares of the company’s stock valued at $500,000 after buying an additional 1,843 shares in the last quarter. Gillespie Robinson & Grimm Inc. boosted its position in shares of Dollar General Corporation by 1.4% in the first quarter. Gillespie Robinson & Grimm Inc. now owns 289,106 shares of the company’s stock valued at $20,159,000 after buying an additional 4,090 shares in the last quarter. Gulf International Bank UK Ltd boosted its position in shares of Dollar General Corporation by 1.2% in the first quarter. Gulf International Bank UK Ltd now owns 89,904 shares of the company’s stock valued at $6,269,000 after buying an additional 1,100 shares in the last quarter. Finally, National Pension Service boosted its position in shares of Dollar General Corporation by 11.0% in the first quarter. National Pension Service now owns 260,579 shares of the company’s stock valued at $18,465,000 after buying an additional 25,749 shares in the last quarter. Hedge funds and other institutional investors own 88.66% of the company’s stock.

About Dollar General Corporation

Dollar General Corporation is a discount retailer. The Company offers a selection of merchandise, including consumables, seasonal, home products and apparel. The Company’s consumables category includes paper and cleaning products (such as paper towels, bath tissue, and other home cleaning supplies); packaged food (such as cereals, spices, sugar and flour); perishables (such as milk, beer and wine); snacks (such as candy, cookies, and carbonated beverages); health and beauty (such as over-the-counter medicines and personal care products); pet (pet supplies and pet food), and tobacco products.

Analyst Recommendations for Dollar General Corporation (NYSE:DG)

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