Dollar General (NYSE:DG) Announces Earnings Results

Key Points

• Dollar General reported quarterly earnings of $1.86 EPS, exceeding the consensus estimate of $1.56 EPS by $0.30 and an increase from $1.70 EPS in the previous year.
• The company updated its fiscal year 2025 guidance to 5.800-6.300 EPS and declared a quarterly dividend of $0.59, representing a yield of 2.1%.
• Dollar General's stock price is currently fluctuating around $111.25 with a market cap of $24.48 billion and a current price-to-earnings ratio of 21.23.

Dollar General (NYSE:DG - Get Free Report) released its quarterly earnings results on Thursday. The company reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.56 by $0.30, RTT News reports. Dollar General had a net margin of 2.81% and a return on equity of 17.93%. During the same period in the previous year, the company earned $1.70 EPS. Dollar General updated its FY 2025 guidance to 5.800-6.300 EPS.

Dollar General Stock Up 0.7%

DG stock opened at $111.25 on Thursday. The company has a fifty day moving average price of $112.08 and a 200 day moving average price of $97.60. Dollar General has a 12 month low of $66.43 and a 12 month high of $125.42. The company has a market cap of $24.48 billion, a price-to-earnings ratio of 21.23, a price-to-earnings-growth ratio of 2.70 and a beta of 0.31. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.23 and a quick ratio of 0.20.

Dollar General Announces Dividend

The firm also recently declared 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 annualized dividend and a yield of 2.1%. Dollar General's dividend payout ratio (DPR) is 45.04%.

Insiders Place Their Bets

In other Dollar General news, EVP Emily C. Taylor sold 1,969 shares of the company's stock in a transaction on Tuesday, June 17th. The shares were sold at an average price of $113.00, for a total transaction of $222,497.00. Following the completion of the transaction, the executive vice president owned 46,563 shares in the company, valued at approximately $5,261,619. This represents a 4.06% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kathleen A. Reardon sold 6,438 shares of the company's stock in a transaction on Thursday, June 12th. The stock was sold at an average price of $111.56, for a total transaction of $718,223.28. Following the transaction, the executive vice president owned 41,646 shares of the company's stock, valued at approximately $4,646,027.76. The trade was a 13.39% decrease in their position. The disclosure for this sale can be found here. 0.56% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Dollar General

A number of large investors have recently bought and sold shares of DG. MUFG Securities EMEA plc acquired a new position in shares of Dollar General during the 2nd quarter worth $74,000. Jump Financial LLC acquired a new position in shares of Dollar General during the 2nd quarter worth $209,000. Stonebridge Capital Advisors LLC acquired a new position in shares of Dollar General during the 2nd quarter worth $229,000. Pitcairn Co. acquired a new position in shares of Dollar General during the 2nd quarter worth $231,000. Finally, ICONIQ Capital LLC acquired a new position in shares of Dollar General during the 2nd quarter worth $233,000. Hedge funds and other institutional investors own 91.77% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on DG shares. Citigroup upped their price target on shares of Dollar General from $101.00 to $112.00 and gave the stock a "neutral" rating in a report on Wednesday, June 4th. Gordon Haskett raised Dollar General from a "reduce" rating to an "accumulate" rating in a research note on Tuesday, June 3rd. Evercore ISI increased their target price on Dollar General from $118.00 to $120.00 and gave the company an "in-line" rating in a research note on Tuesday, August 12th. Bank of America increased their target price on Dollar General from $115.00 to $135.00 and gave the company a "buy" rating in a research note on Wednesday, June 4th. Finally, Morgan Stanley increased their target price on Dollar General from $85.00 to $115.00 and gave the company an "equal weight" rating in a research note on Wednesday, June 4th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and sixteen have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $108.80.

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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