Analysts Offer Predictions for Dollar General FY2029 Earnings

Dollar General Corporation (NYSE:DGFree Report) – Analysts at Rothschild & Co Redburn issued their FY2029 earnings per share estimates for shares of Dollar General in a note issued to investors on Wednesday, February 25th. Rothschild & Co Redburn analyst S. Hudson anticipates that the company will post earnings per share of $6.92 for the year. Rothschild & Co Redburn currently has a “Sell” rating and a $111.00 price objective on the stock. The consensus estimate for Dollar General’s current full-year earnings is $5.75 per share.

Several other equities analysts have also recently issued reports on DG. Jefferies Financial Group boosted their target price on shares of Dollar General from $165.00 to $178.00 in a research note on Wednesday. UBS Group reiterated a “buy” rating and issued a $168.00 price objective on shares of Dollar General in a research report on Friday, February 6th. Wall Street Zen raised shares of Dollar General from a “hold” rating to a “buy” rating in a research note on Saturday, December 6th. Telsey Advisory Group restated a “market perform” rating and issued a $130.00 price target (up from $123.00) on shares of Dollar General in a research note on Thursday, December 4th. Finally, Loop Capital upped their price target on Dollar General from $120.00 to $145.00 and gave the stock a “hold” rating in a report on Friday, February 6th. Fourteen analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $145.85.

View Our Latest Analysis on Dollar General

Dollar General Trading Up 1.4%

Dollar General stock opened at $156.13 on Friday. The firm has a market cap of $34.37 billion, a PE ratio of 26.97, a P/E/G ratio of 2.55 and a beta of 0.25. Dollar General has a 12 month low of $70.01 and a 12 month high of $158.23. The stock’s 50 day simple moving average is $145.74 and its two-hundred day simple moving average is $121.41. 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 earnings results on Thursday, December 4th. The company reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $0.95 by $0.33. The firm had revenue of $10.65 billion for the quarter, compared to the consensus estimate of $10.60 billion. Dollar General had a return on equity of 18.59% and a net margin of 3.03%.The company’s revenue was up 4.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.89 earnings per share. Dollar General has set its FY 2025 guidance at 6.300-6.500 EPS.

Dollar General Dividend Announcement

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

Insider Transactions at Dollar General

In other Dollar General news, EVP Carman R. Wenkoff sold 19,166 shares of the firm’s stock in a transaction on 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 transaction, the executive vice president owned 43,179 shares in the company, valued at approximately $5,700,059.79. This trade represents a 30.74% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Rhonda Taylor sold 7,500 shares of Dollar General 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 sale, the executive vice president directly owned 73,492 shares in the company, valued at approximately $9,913,335.88. This trade represents a 9.26% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 58,673 shares of company stock valued at $7,713,389. Insiders own 0.56% of the company’s stock.

Hedge Funds Weigh In On Dollar General

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Tempo Wealth LLC acquired a new stake in shares of Dollar General in the 4th quarter worth $281,000. MidFirst Bank acquired a new position in shares of Dollar General during the 4th quarter valued at about $226,000. Virtu Financial LLC purchased a new stake in shares of Dollar General in the fourth quarter valued at about $411,000. Blue Capital Inc. acquired a new stake in Dollar General during the fourth quarter worth about $212,000. Finally, Dean Capital Management raised its stake in Dollar General by 3.2% during the fourth quarter. Dean Capital Management now owns 23,017 shares of the company’s stock worth $3,056,000 after purchasing an additional 709 shares during the period. Institutional investors and hedge funds own 91.77% of the company’s stock.

Key Headlines Impacting Dollar General

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

About Dollar General

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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.

Further Reading

Earnings History and Estimates for Dollar General (NYSE:DG)

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