Dollar General (NYSE:DG – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 6.300-6.500 for the period, compared to the consensus earnings per share estimate of 6.150. The company issued revenue guidance of $42.5 billion-$42.6 billion, compared to the consensus revenue estimate of $42.5 billion.
Analysts Set New Price Targets
A number of research firms recently commented on DG. UBS Group boosted their price target on Dollar General from $135.00 to $143.00 and gave the stock a “buy” rating in a report on Friday. Gordon Haskett raised shares of Dollar General from an “accumulate” rating to a “buy” rating in a research note on Thursday. Piper Sandler lifted their price target on shares of Dollar General from $117.00 to $129.00 and gave the company a “neutral” rating in a report on Friday. Wolfe Research initiated coverage on Dollar General in a research report on Thursday, September 18th. They set an “outperform” rating and a $139.00 price objective for the company. Finally, Barclays lifted their target price on Dollar General from $119.00 to $127.00 and gave the stock an “overweight” rating in a report on Friday, August 29th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and fifteen have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $124.78.
Get Our Latest Stock Analysis on Dollar General
Dollar General Trading Up 5.9%
Dollar General (NYSE:DG – Get Free Report) last posted its quarterly earnings data on Thursday, December 4th. The company reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.95 by $0.33. The company had revenue of $10.65 billion for the quarter, compared to analyst estimates of $10.60 billion. Dollar General had a net margin of 3.03% and a return on equity of 18.59%. The firm’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.89 EPS. Dollar General has set its FY 2025 guidance at 6.300-6.500 EPS. As a group, analysts anticipate that Dollar General will post 5.75 earnings per share for the current year.
Dollar General Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 20th. Investors of record on Tuesday, January 6th will be paid a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Tuesday, January 6th. Dollar General’s dividend payout ratio (DPR) is currently 43.70%.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of DG. Brooks Moore & Associates Inc. grew its stake in Dollar General by 1.3% in the third quarter. Brooks Moore & Associates Inc. now owns 7,590 shares of the company’s stock valued at $784,000 after purchasing an additional 100 shares during the last quarter. Ruggaard & Associates LLC grew its position in shares of Dollar General by 5.1% in the 2nd quarter. Ruggaard & Associates LLC now owns 2,691 shares of the company’s stock worth $308,000 after buying an additional 130 shares during the last quarter. United Capital Financial Advisors LLC raised its stake in shares of Dollar General by 1.8% during the 3rd quarter. United Capital Financial Advisors LLC now owns 10,291 shares of the company’s stock worth $1,064,000 after acquiring an additional 181 shares in the last quarter. Brown Brothers Harriman & Co. lifted its position in Dollar General by 26.2% during the third quarter. Brown Brothers Harriman & Co. now owns 897 shares of the company’s stock valued at $93,000 after acquiring an additional 186 shares during the last quarter. Finally, Quadrant Capital Group LLC boosted its stake in Dollar General by 2.1% in the third quarter. Quadrant Capital Group LLC now owns 9,142 shares of the company’s stock valued at $945,000 after acquiring an additional 188 shares in the last quarter. Institutional investors own 91.77% of the company’s stock.
About Dollar General
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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