Dollar General (NYSE:DG) Issues Quarterly Earnings Results

Dollar General (NYSE:DG - Get Free Report) posted its quarterly earnings data on Tuesday. The company reported $1.78 EPS for the quarter, topping the consensus estimate of $1.46 by $0.32, RTT News reports. The firm had revenue of $10.44 billion during the quarter, compared to analyst estimates of $10.25 billion. Dollar General had a return on equity of 18.85% and a net margin of 3.33%. Dollar General's revenue was up 5.3% on a year-over-year basis. During the same period in the prior year, the business posted $1.65 EPS. Dollar General updated its FY 2025 guidance to 5.200-5.800 EPS.

Dollar General Price Performance

Shares of DG traded down $0.37 during midday trading on Friday, hitting $113.47. 2,937,185 shares of the company traded hands, compared to its average volume of 4,069,172. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.15 and a current ratio of 1.15. Dollar General has a 52 week low of $66.43 and a 52 week high of $135.46. The firm has a 50 day moving average of $94.88 and a 200-day moving average of $82.54. The stock has a market cap of $24.96 billion, a price-to-earnings ratio of 18.69, a PEG ratio of 2.18 and a beta of 0.26.

Dollar General Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 22nd. Shareholders of record on Tuesday, July 8th will be issued a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a dividend yield of 2.08%. The ex-dividend date of this dividend is Tuesday, July 8th. Dollar General's dividend payout ratio (DPR) is presently 46.18%.

Insider Buying and Selling

In other Dollar General news, EVP Emily C. Taylor sold 809 shares of Dollar General stock in a transaction on Friday, April 4th. The shares were sold at an average price of $94.72, for a total transaction of $76,628.48. Following the completion of the transaction, the executive vice president now directly owns 48,532 shares of the company's stock, valued at $4,596,951.04. The trade was a 1.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.56% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Dollar General

Several hedge funds and other institutional investors have recently made changes to their positions in DG. Woodline Partners LP grew its holdings in Dollar General by 40.7% during the 1st quarter. Woodline Partners LP now owns 18,580 shares of the company's stock valued at $1,634,000 after purchasing an additional 5,373 shares during the last quarter. NewEdge Advisors LLC lifted its stake in Dollar General by 12.3% in the first quarter. NewEdge Advisors LLC now owns 10,450 shares of the company's stock worth $919,000 after purchasing an additional 1,148 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Dollar General by 4.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,317 shares of the company's stock worth $2,314,000 after purchasing an additional 1,185 shares during the last quarter. Hedge funds and other institutional investors own 91.77% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on DG. Loop Capital upped their price objective on Dollar General from $80.00 to $110.00 and gave the stock a "hold" rating in a research note on Wednesday. Sanford C. Bernstein set a $120.00 price objective on Dollar General in a research note on Friday, May 23rd. Melius Research upgraded Dollar General from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, April 8th. Barclays upped their price objective on Dollar General from $100.00 to $119.00 and gave the stock an "overweight" rating in a research note on Wednesday. Finally, Oppenheimer upgraded Dollar General from a "market perform" rating to an "outperform" rating and set a $130.00 price target for the company in a research note on Wednesday. Fifteen analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $109.04.

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.