Dollar General Corporation (NYSE:DG) Given Consensus Rating of “Hold” by Brokerages

Shares of Dollar General Corporation (NYSE:DGGet Free Report) have been assigned a consensus recommendation of “Hold” from the thirty analysts that are currently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and fourteen have given a buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $145.8519.

A number of equities research analysts have issued reports on DG shares. Citigroup upped their price target on shares of Dollar General from $112.00 to $138.00 and gave the company a “neutral” rating in a report on Monday, December 8th. Loop Capital increased their target price on Dollar General from $120.00 to $145.00 and gave the company a “hold” rating in a research note on Friday, February 6th. Barclays lifted their price target on Dollar General from $127.00 to $151.00 and gave the stock an “overweight” rating in a research report on Thursday, January 8th. Telsey Advisory Group reissued a “market perform” rating and issued a $130.00 price objective (up from $123.00) on shares of Dollar General in a research report on Thursday, December 4th. Finally, Wells Fargo & Company boosted their target price on shares of Dollar General from $115.00 to $125.00 and gave the stock an “equal weight” rating in a research report on Friday, December 19th.

View Our Latest Stock Report on Dollar General

Key Headlines Impacting Dollar General

Here are the key news stories impacting Dollar General this week:

Insider Activity at Dollar General

In other news, EVP Bryan D. Wheeler sold 9,776 shares of the company’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 transaction, the executive vice president owned 22,295 shares of the company’s stock, valued at $3,016,959.40. This represents a 30.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Rhonda Taylor sold 7,500 shares of the firm’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $134.89, for a total value of $1,011,675.00. Following the completion of the transaction, the executive vice president owned 73,492 shares in the company, valued at approximately $9,913,335.88. This represents a 9.26% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 58,673 shares of company stock valued at $7,713,389 over the last quarter. 0.56% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Dollar General

Several institutional investors have recently modified their holdings of DG. Elevation Point Wealth Partners LLC bought a new position in Dollar General in the second quarter valued at approximately $25,000. Caldwell Trust Co acquired a new position in shares of Dollar General in the 2nd quarter valued at $25,000. Fideuram Asset Management Ireland dac acquired a new position in shares of Dollar General in the 4th quarter valued at $25,000. Atlantic Union Bankshares Corp acquired a new stake in shares of Dollar General during the second quarter worth $26,000. Finally, Root Financial Partners LLC bought a new stake in Dollar General in the third quarter valued at about $26,000. Institutional investors and hedge funds own 91.77% of the company’s stock.

Dollar General Stock Up 1.4%

Shares of Dollar General stock opened at $156.13 on Monday. Dollar General has a 12-month low of $70.01 and a 12-month high of $158.23. 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 50 day moving average price of $145.74 and a two-hundred day moving average price of $121.49. The stock has a market capitalization of $34.37 billion, a P/E ratio of 26.97, a PEG ratio of 2.58 and a beta of 0.23.

Dollar General (NYSE:DGGet Free Report) last issued its quarterly earnings data on Thursday, December 4th. The company reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.95 by $0.33. Dollar General had a net margin of 3.03% and a return on equity of 18.59%. The business had revenue of $10.65 billion during the quarter, compared to analysts’ expectations of $10.60 billion. During the same period in the previous year, the company earned $0.89 earnings per share. Dollar General’s revenue for the quarter was up 4.6% on a year-over-year basis. Dollar General has set its FY 2025 guidance at 6.300-6.500 EPS. Equities analysts expect that Dollar General will post 5.75 earnings per share for the current year.

Dollar General Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 20th. Shareholders of record on Tuesday, January 6th were given a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Tuesday, January 6th. Dollar General’s dividend payout ratio (DPR) is presently 40.76%.

About Dollar General

(Get Free Report)

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.

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Analyst Recommendations for Dollar General (NYSE:DG)

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