Dollar General Corporation (NYSE:DG) Given Average Recommendation of “Hold” by Analysts

Shares of Dollar General Corporation (NYSE:DG) have been given an average rating of “Hold” by the twenty-nine research firms that are currently covering the company, Marketbeat reports. Fifteen equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $144.2222.

Several brokerages recently issued reports on DG. Truist Financial set a $144.00 target price on shares of Dollar General in a research note on Friday, January 16th. Telsey Advisory Group reiterated a “market perform” rating and set a $130.00 price target (up previously from $123.00) on shares of Dollar General in a research note on Thursday, December 4th. BNP Paribas Exane boosted their price target on shares of Dollar General from $118.00 to $127.00 and gave the stock a “neutral” rating in a report on Friday, December 5th. Gordon Haskett boosted their price objective on Dollar General from $170.00 to $180.00 and gave the stock a “buy” rating in a research report on Wednesday. Finally, JPMorgan Chase & Co. boosted their price target on shares of Dollar General from $166.00 to $170.00 and gave the stock an “overweight” rating in a report on Friday, January 9th.

Insider Buying and Selling

In other news, EVP Rhonda Taylor sold 7,500 shares of the company’s stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $134.89, for a total transaction of $1,011,675.00. Following the transaction, the executive vice president owned 73,492 shares of the company’s stock, valued at $9,913,335.88. This represents a 9.26% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Carman R. Wenkoff sold 19,166 shares of Dollar General stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $132.01, for a total value of $2,530,103.66. Following the completion of the sale, the executive vice president directly owned 43,179 shares of the company’s stock, valued at approximately $5,700,059.79. This trade represents a 30.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 58,673 shares of company stock worth $7,713,389 in the last three months. Insiders own 0.56% of the company’s stock.

Hedge Funds Weigh In On Dollar General

Several hedge funds have recently made changes to their positions in the stock. Fideuram Asset Management Ireland dac bought a new position in Dollar General in the 4th quarter worth about $25,000. Annis Gardner Whiting Capital Advisors LLC lifted its holdings in shares of Dollar General by 69.3% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company’s stock worth $26,000 after buying an additional 79 shares in the last quarter. Caldwell Trust Co bought a new position in shares of Dollar General in the second quarter valued at approximately $25,000. Elevation Point Wealth Partners LLC purchased a new position in Dollar General during the second quarter valued at approximately $25,000. Finally, Atlantic Union Bankshares Corp purchased a new position in Dollar General during the second quarter valued at approximately $26,000. 91.77% of the stock is currently owned by hedge funds and other institutional investors.

Dollar General Trading Up 1.1%

DG stock traded up $1.69 during trading on Thursday, hitting $148.85. The company had a trading volume of 1,025,799 shares, compared to its average volume of 3,081,629. The company has a current ratio of 1.17, a quick ratio of 0.24 and a debt-to-equity ratio of 0.63. The business has a 50-day moving average of $140.65 and a 200-day moving average of $117.94. Dollar General has a one year low of $70.01 and a one year high of $154.75. The stock has a market cap of $32.76 billion, a PE ratio of 25.73, a PEG ratio of 2.43 and a beta of 0.25.

Dollar General (NYSE:DG) last released its earnings results on Thursday, December 4th. The company reported $1.28 EPS for the quarter, topping the consensus estimate of $0.95 by $0.33. The business had revenue of $10.65 billion during the quarter, compared to analysts’ expectations of $10.60 billion. Dollar General had a return on equity of 18.59% and a net margin of 3.03%.The firm’s revenue was up 4.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.89 earnings per share. Dollar General has set its FY 2025 guidance at 6.300-6.500 EPS. 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 announced a quarterly dividend, which was paid on Tuesday, January 20th. Stockholders of record on Tuesday, January 6th were given a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Tuesday, January 6th. Dollar General’s dividend payout ratio is currently 40.76%.

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.