Rhonda Taylor Sells 7,500 Shares of Dollar General (NYSE:DG) Stock

Dollar General Corporation (NYSE:DG) EVP Rhonda Taylor sold 7,500 shares of Dollar General stock in a transaction dated 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 sale, the executive vice president directly owned 73,492 shares of the company’s stock, valued at $9,913,335.88. The trade was a 9.26% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Dollar General Stock Down 0.3%

Dollar General stock opened at $136.56 on Friday. The company’s 50-day moving average price is $109.35 and its two-hundred day moving average price is $109.40. The company has a quick ratio of 0.24, a current ratio of 1.17 and a debt-to-equity ratio of 0.63. The stock has a market cap of $30.06 billion, a P/E ratio of 23.59, a P/E/G ratio of 2.49 and a beta of 0.27. Dollar General Corporation has a twelve month low of $66.43 and a twelve month high of $137.90.

Dollar General (NYSE:DG) last issued its quarterly earnings data on Thursday, December 4th. The company reported $1.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.95 by $0.33. The company 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 business’s revenue was up 4.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.89 earnings per share. Dollar General has set its FY 2025 guidance at 6.300-6.500 EPS. As a group, analysts expect that Dollar General Corporation will post 5.75 EPS for the current year.

Dollar General Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 20th. Shareholders of record on Tuesday, January 6th will be given a dividend of $0.59 per share. The ex-dividend date is Tuesday, January 6th. This represents a $2.36 annualized dividend and a yield of 1.7%. Dollar General’s dividend payout ratio (DPR) is presently 40.76%.

Institutional Trading of Dollar General

Several large investors have recently made changes to their positions in DG. Elevation Point Wealth Partners LLC acquired a new position in Dollar General during the second quarter valued at approximately $25,000. Caldwell Trust Co bought a new position in shares of Dollar General in the 2nd quarter valued at $25,000. Atlantic Union Bankshares Corp bought a new position in shares of Dollar General in the 2nd quarter valued at $26,000. Root Financial Partners LLC acquired a new position in shares of Dollar General during the 3rd quarter worth $26,000. Finally, Peoples Financial Services CORP. bought a new stake in shares of Dollar General during the 3rd quarter worth $35,000. Institutional investors and hedge funds own 91.77% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on DG shares. Gordon Haskett upped their price target on shares of Dollar General from $140.00 to $150.00 and gave the company a “buy” rating in a research note on Tuesday. Piper Sandler increased their target price on shares of Dollar General from $117.00 to $129.00 and gave the stock a “neutral” rating in a research report on Friday, December 5th. Guggenheim lifted their price target on shares of Dollar General from $125.00 to $140.00 and gave the company a “buy” rating in a research report on Friday, December 5th. UBS Group boosted their price target on Dollar General from $135.00 to $143.00 and gave the company a “buy” rating in a research note on Friday, December 5th. Finally, Wall Street Zen upgraded Dollar General from a “hold” rating to a “buy” rating in a research note on Saturday, December 6th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and sixteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $130.52.

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.