Dollar General Corporation (NYSE:DG) Receives Consensus Recommendation of "Hold" from Analysts

Key Points

• Dollar General Corporation has received a consensus recommendation of "Hold" from 27 analysts, with an average price target of $115.48.
• Recent earnings reports show Dollar General surpassed analysts' expectations with $1.86 earnings per share and a revenue of $10.73 billion for the last quarter.
• The company will pay a quarterly dividend of $0.59 on October 21st, yielding 2.3% annually, with a current dividend payout ratio of 43.70%.

Shares of Dollar General Corporation (NYSE:DG - Get Free Report) have received an average recommendation of "Hold" from the twenty-seven ratings firms that are presently covering the stock, Marketbeat.com reports. Fifteen equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $115.48.

DG has been the topic of a number of recent research reports. UBS Group lifted their target price on shares of Dollar General from $128.00 to $135.00 and gave the company a "buy" rating in a report on Friday, August 29th. Sanford C. Bernstein lifted their target price on shares of Dollar General from $122.00 to $134.00 and gave the company an "outperform" rating in a report on Friday, August 29th. JPMorgan Chase & Co. lifted their target price on shares of Dollar General from $95.00 to $109.00 and gave the company a "neutral" rating in a report on Tuesday, September 16th. Loop Capital lifted their target price on shares of Dollar General from $110.00 to $120.00 and gave the company a "hold" rating in a report on Thursday, July 10th. Finally, Wolfe Research started coverage on Dollar General in a research note on Thursday, September 18th. They issued an "outperform" rating and a $139.00 target price on the stock.

Hedge Funds Weigh In On Dollar General

Hedge funds and other institutional investors have recently bought and sold shares of the company. Elevation Point Wealth Partners LLC purchased a new position in Dollar General in the 2nd quarter valued at $25,000. Caldwell Trust Co purchased a new position in Dollar General in the 2nd quarter valued at $25,000. Atlantic Union Bankshares Corp purchased a new position in Dollar General in the 2nd quarter valued at $26,000. Mountain Hill Investment Partners Corp. grew its position in Dollar General by 66.7% in the 1st quarter. Mountain Hill Investment Partners Corp. now owns 500 shares of the company's stock valued at $44,000 after buying an additional 200 shares during the last quarter. Finally, Golden State Wealth Management LLC grew its position in Dollar General by 170.1% in the 1st quarter. Golden State Wealth Management LLC now owns 543 shares of the company's stock valued at $48,000 after buying an additional 342 shares during the last quarter. 91.77% of the stock is currently owned by hedge funds and other institutional investors.

Dollar General Stock Performance

Shares of Dollar General stock opened at $101.51 on Friday. The firm has a market capitalization of $22.34 billion, a P/E ratio of 18.80, a P/E/G ratio of 2.10 and a beta of 0.30. Dollar General has a 52 week low of $66.43 and a 52 week high of $117.95. The company has a quick ratio of 0.27, a current ratio of 1.25 and a debt-to-equity ratio of 0.71. The firm's 50 day moving average is $108.41 and its two-hundred day moving average is $102.89.

Dollar General (NYSE:DG - Get Free Report) last announced its earnings results on Thursday, August 28th. The company reported $1.86 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.56 by $0.30. The business had revenue of $10.73 billion for the quarter, compared to analyst estimates of $10.68 billion. Dollar General had a net margin of 2.86% and a return on equity of 17.97%. The company's revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period last year, the firm posted $1.70 earnings per share. Dollar General has set its FY 2025 guidance at 5.800-6.300 EPS. Research analysts forecast that Dollar General will post 5.75 EPS for the current fiscal year.

Dollar General Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 21st. Investors of record on Tuesday, October 7th will be given a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Tuesday, October 7th. Dollar General's dividend payout ratio (DPR) is 43.70%.

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.

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