Evercore ISI Issues Positive Forecast for Dollar General (NYSE:DG) Stock Price

Dollar General (NYSE:DG) had its price objective lifted by Evercore ISI from $140.00 to $143.00 in a report issued on Tuesday,MarketScreener reports.

A number of other equities analysts also recently weighed in on the company. Daiwa Capital Markets upped their target price on Dollar General from $113.00 to $130.00 and gave the company a “neutral” rating in a report on Monday, December 8th. JPMorgan Chase & Co. upped their price objective on shares of Dollar General from $166.00 to $170.00 and gave the company an “overweight” rating in a research note on Friday, January 9th. BNP Paribas Exane lifted their target price on shares of Dollar General from $118.00 to $127.00 and gave the company a “neutral” rating in a research note on Friday, December 5th. Oppenheimer boosted their price target on shares of Dollar General from $138.00 to $145.00 and gave the company an “outperform” rating in a report on Friday, December 5th. Finally, Citigroup lifted their price objective on Dollar General from $112.00 to $138.00 and gave the company a “neutral” rating in a research report on Monday, December 8th. Fourteen investment analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company. According to data from MarketBeat.com, Dollar General presently has an average rating of “Hold” and a consensus price target of $141.27.

Dollar General Trading Down 1.8%

NYSE DG opened at $147.55 on Tuesday. The firm’s 50 day moving average price is $131.88 and its two-hundred day moving average price is $115.23. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.24 and a current ratio of 1.17. Dollar General has a twelve month low of $69.32 and a twelve month high of $154.75. The stock has a market cap of $32.48 billion, a price-to-earnings ratio of 25.48, a PEG ratio of 2.73 and a beta of 0.26.

Dollar General (NYSE:DG) last issued 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%.Dollar General’s revenue was up 4.6% compared to the same quarter last year. 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. Equities analysts anticipate that Dollar General will post 5.75 EPS for the current year.

Dollar General Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 20th. Stockholders of record on Tuesday, January 6th were issued a dividend of $0.59 per share. The ex-dividend date of this dividend was Tuesday, January 6th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.6%. Dollar General’s dividend payout ratio is currently 40.76%.

Insiders Place Their Bets

In other Dollar General news, EVP Tracey N. Herrmann sold 12,583 shares of the stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $125.07, for a total transaction of $1,573,755.81. Following the transaction, the executive vice president owned 30,948 shares in the company, valued at $3,870,666.36. This trade represents a 28.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Bryan D. Wheeler sold 9,776 shares of the business’s stock in a transaction on Friday, December 19th. The stock was sold at an average price of $135.32, for a total transaction of $1,322,888.32. Following the completion of the sale, the executive vice president owned 22,295 shares of the company’s stock, valued at $3,016,959.40. The trade was a 30.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 58,673 shares of company stock worth $7,713,389 in the last three months. 0.56% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Dollar General by 4.7% during 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 during the last quarter. NewEdge Advisors LLC increased its position in Dollar General by 12.3% in the 1st quarter. NewEdge Advisors LLC now owns 10,450 shares of the company’s stock worth $919,000 after buying an additional 1,148 shares during the period. Woodline Partners LP increased its position in Dollar General by 40.7% in the 1st quarter. Woodline Partners LP now owns 18,580 shares of the company’s stock worth $1,634,000 after buying an additional 5,373 shares during the period. Sivia Capital Partners LLC acquired a new position in shares of Dollar General during the second quarter worth approximately $211,000. Finally, Signaturefd LLC boosted its position in shares of Dollar General by 31.3% in the second quarter. Signaturefd LLC now owns 5,977 shares of the company’s stock valued at $684,000 after acquiring an additional 1,426 shares during the period. Institutional investors own 91.77% of the company’s stock.

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.