Dollar General (NYSE:DG) Price Target Raised to $170.00 at Oppenheimer

Dollar General (NYSE:DGFree Report) had its price target increased by Oppenheimer from $145.00 to $170.00 in a report published on Tuesday morning, Marketbeat.com reports. Oppenheimer currently has an outperform rating on the stock.

DG has been the subject of a number of other reports. JPMorgan Chase & Co. raised their price target on Dollar General from $166.00 to $170.00 and gave the company an “overweight” rating in a research note on Friday, January 9th. Rothschild & Co Redburn set a $111.00 price objective on Dollar General and gave the company a “sell” rating in a report on Tuesday, February 17th. Wolfe Research boosted their target price on shares of Dollar General from $141.00 to $159.00 and gave the stock an “outperform” rating in a report on Monday, December 22nd. BMO Capital Markets upped their price target on shares of Dollar General from $130.00 to $145.00 and gave the stock a “market perform” rating in a research report on Friday, February 13th. Finally, Guggenheim increased their price target on shares of Dollar General from $140.00 to $165.00 and gave the company a “buy” rating in a research note on Tuesday, February 17th. Fourteen analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $145.37.

Check Out Our Latest Research Report on Dollar General

Dollar General Stock Performance

Shares of DG opened at $153.86 on Tuesday. The stock has a market capitalization of $33.87 billion, a price-to-earnings ratio of 26.57, a PEG ratio of 2.54 and a beta of 0.25. Dollar General has a 12 month low of $70.01 and a 12 month high of $155.00. The firm has a fifty day simple moving average of $144.66 and a 200 day simple moving average of $120.65. The company has a current ratio of 1.17, a quick ratio of 0.24 and a debt-to-equity ratio of 0.63.

Dollar General (NYSE:DGGet Free Report) last issued its quarterly 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 firm had revenue of $10.65 billion for the quarter, compared to analysts’ expectations of $10.60 billion. Dollar General had a net margin of 3.03% and a return on equity of 18.59%. The company’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.89 EPS. Dollar General has set its FY 2025 guidance at 6.300-6.500 EPS. Research analysts forecast that Dollar General will post 5.75 EPS for the current fiscal year.

Dollar General Dividend Announcement

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

Insider Buying and Selling at Dollar General

In other Dollar General news, CAO Anita C. Elliott sold 2,516 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $132.52, for a total transaction of $333,420.32. Following the completion of the sale, the chief accounting officer directly owned 29,344 shares in the company, valued at $3,888,666.88. This trade represents a 7.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Rhonda Taylor sold 7,500 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $134.89, for a total value of $1,011,675.00. Following the sale, the executive vice president owned 73,492 shares of the company’s stock, 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 worth $7,713,389 in the last ninety days. Insiders own 0.56% of the company’s stock.

Institutional Trading of Dollar General

Institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. raised its position in shares of Dollar General by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 27,309,045 shares of the company’s stock valued at $3,625,822,000 after buying an additional 412,542 shares in the last quarter. State Street Corp grew its position in Dollar General by 0.5% during the fourth quarter. State Street Corp now owns 11,017,002 shares of the company’s stock worth $1,462,727,000 after buying an additional 53,624 shares in the last quarter. Morgan Stanley increased its stake in Dollar General by 35.0% during the 4th quarter. Morgan Stanley now owns 6,270,333 shares of the company’s stock worth $832,513,000 after acquiring an additional 1,624,748 shares during the period. Geode Capital Management LLC raised its holdings in Dollar General by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 5,707,809 shares of the company’s stock valued at $754,857,000 after acquiring an additional 42,936 shares in the last quarter. Finally, AQR Capital Management LLC lifted its position in shares of Dollar General by 47.9% during the 4th quarter. AQR Capital Management LLC now owns 3,734,500 shares of the company’s stock valued at $495,830,000 after acquiring an additional 1,208,892 shares during the period. Institutional investors own 91.77% of the company’s stock.

Dollar General News Summary

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

Dollar General Company Profile

(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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