Dollar General (NYSE:DG) Updates FY 2025 Earnings Guidance

Dollar General (NYSE:DG - Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 5.200-5.800 for the period. The company issued revenue guidance of $42.1 billion-$42.5 billion, compared to the consensus revenue estimate of $42.2 billion.

Dollar General Trading Down 0.6%

DG traded down $0.68 during trading on Wednesday, hitting $111.89. 6,036,993 shares of the stock traded hands, compared to its average volume of 4,063,182. The firm has a 50-day moving average of $93.33 and a 200 day moving average of $81.82. The firm has a market capitalization of $24.61 billion, a P/E ratio of 18.43, a price-to-earnings-growth ratio of 2.18 and a beta of 0.26. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.15 and a quick ratio of 0.15. Dollar General has a 12-month low of $66.43 and a 12-month high of $135.57.

Dollar General (NYSE:DG - Get Free Report) last posted its earnings results on Tuesday, June 3rd. The company reported $1.78 earnings per share for the quarter, topping analysts' consensus estimates of $1.46 by $0.32. Dollar General had a return on equity of 18.85% and a net margin of 3.33%. The firm had revenue of $10.44 billion for the quarter, compared to the consensus estimate of $10.25 billion. During the same quarter in the prior year, the business earned $1.65 EPS. The business's revenue for the quarter was up 5.3% on a year-over-year basis. Equities research analysts anticipate that Dollar General will post 5.75 EPS for the current year.

Dollar General Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 22nd. Shareholders of record on Tuesday, July 8th will be issued a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.11%. The ex-dividend date of this dividend is Tuesday, July 8th. Dollar General's payout ratio is 46.18%.

Analyst Ratings Changes

Several brokerages recently issued reports on DG. Sanford C. Bernstein set a $120.00 target price on shares of Dollar General in a research report on Friday, May 23rd. The Goldman Sachs Group lifted their target price on Dollar General from $96.00 to $115.00 and gave the company a "buy" rating in a research report on Wednesday. Loop Capital lifted their price objective on Dollar General from $80.00 to $110.00 and gave the company a "hold" rating in a research report on Wednesday. Morgan Stanley boosted their price objective on Dollar General from $85.00 to $115.00 and gave the company an "equal weight" rating in a research note on Wednesday. Finally, Melius Research raised shares of Dollar General from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 8th. Fourteen analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Dollar General has a consensus rating of "Moderate Buy" and an average price target of $108.19.

Insider Transactions at Dollar General

In related news, EVP Emily C. Taylor sold 809 shares of the firm's stock in a transaction that occurred on Friday, April 4th. The shares were sold at an average price of $94.72, for a total value of $76,628.48. Following the transaction, the executive vice president now owns 48,532 shares in the company, valued at approximately $4,596,951.04. This trade represents a 1.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.56% of the company's stock.

Institutional Trading of Dollar General

A number of institutional investors have recently added to or reduced their stakes in DG. NewEdge Advisors LLC increased its holdings in Dollar General by 12.3% during the 1st quarter. NewEdge Advisors LLC now owns 10,450 shares of the company's stock worth $919,000 after purchasing an additional 1,148 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Dollar General by 4.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,317 shares of the company's stock valued at $2,314,000 after buying an additional 1,185 shares during the last quarter. Finally, Woodline Partners LP grew its holdings in Dollar General by 40.7% during the first quarter. Woodline Partners LP now owns 18,580 shares of the company's stock worth $1,634,000 after buying an additional 5,373 shares in the last quarter. 91.77% of the stock is owned by hedge funds and other institutional investors.

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.