Dollar General Corporation (NYSE:DG) Short Interest Update

Dollar General Corporation (NYSE:DG) was the target of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 8,276,972 shares, a decrease of 17.7% from the December 31st total of 10,052,063 shares. Approximately 3.8% of the company’s stock are sold short. Based on an average daily trading volume, of 3,619,457 shares, the days-to-cover ratio is currently 2.3 days. Based on an average daily trading volume, of 3,619,457 shares, the days-to-cover ratio is currently 2.3 days. Approximately 3.8% of the company’s stock are sold short.

Dollar General Stock Performance

Shares of DG traded up $0.37 during mid-day trading on Monday, hitting $143.80. The stock had a trading volume of 957,238 shares, compared to its average volume of 3,246,766. Dollar General has a fifty-two week low of $69.32 and a fifty-two week high of $154.75. The company has a quick ratio of 0.24, a current ratio of 1.17 and a debt-to-equity ratio of 0.63. The company has a market cap of $31.65 billion, a PE ratio of 24.84, a PEG ratio of 2.60 and a beta of 0.24. The company’s fifty day simple moving average is $134.45 and its two-hundred day simple moving average is $115.87.

Dollar General (NYSE:DG) last announced its quarterly earnings data on Thursday, December 4th. The company reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.95 by $0.33. The firm had revenue of $10.65 billion for the quarter, compared to analysts’ expectations of $10.60 billion. Dollar General had a return on equity of 18.59% and a net margin of 3.03%.The firm’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same period last year, the business posted $0.89 earnings per share. Dollar General has set its FY 2025 guidance at 6.300-6.500 EPS. On average, equities analysts expect that Dollar General will post 5.75 earnings per share for the current year.

Dollar General Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 20th. Shareholders of record on Tuesday, January 6th were issued a $0.59 dividend. The ex-dividend date of this dividend was Tuesday, January 6th. This represents a $2.36 dividend on an annualized basis and a yield of 1.6%. Dollar General’s dividend payout ratio (DPR) is currently 40.76%.

Insider Transactions at Dollar General

In related news, EVP Tracey N. Herrmann sold 12,583 shares of Dollar General stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $125.07, for a total value of $1,573,755.81. Following the completion of the sale, the executive vice president directly owned 30,948 shares in the company, valued at $3,870,666.36. This trade represents a 28.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Bryan D. Wheeler sold 9,776 shares of the company’s stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $135.32, for a total transaction of $1,322,888.32. Following the transaction, the executive vice president owned 22,295 shares in the company, valued at $3,016,959.40. The trade was a 30.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 58,673 shares of company stock worth $7,713,389. 0.56% of the stock is owned by corporate insiders.

Institutional Trading of Dollar General

A number of institutional investors and hedge funds have recently made changes to their positions in DG. Tevis Investment Management grew its stake in Dollar General by 0.5% during the 3rd quarter. Tevis Investment Management now owns 16,655 shares of the company’s stock worth $1,721,000 after buying an additional 77 shares during the last quarter. Frank Rimerman Advisors LLC boosted its holdings in shares of Dollar General by 1.7% during the fourth quarter. Frank Rimerman Advisors LLC now owns 4,628 shares of the company’s stock valued at $614,000 after acquiring an additional 77 shares during the period. SteelPeak Wealth LLC increased its holdings in shares of Dollar General by 3.6% in the 4th quarter. SteelPeak Wealth LLC now owns 2,424 shares of the company’s stock worth $322,000 after acquiring an additional 84 shares during the period. Hixon Zuercher LLC increased its holdings in shares of Dollar General by 0.6% in the 4th quarter. Hixon Zuercher LLC now owns 15,634 shares of the company’s stock worth $2,076,000 after acquiring an additional 89 shares during the period. Finally, New Wave Wealth Advisors LLC lifted its position in Dollar General by 3.9% in the 4th quarter. New Wave Wealth Advisors LLC now owns 2,449 shares of the company’s stock valued at $325,000 after purchasing an additional 91 shares during the last quarter. 91.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Argus boosted their target price on shares of Dollar General from $135.00 to $152.00 and gave the company a “buy” rating in a research report on Thursday, December 18th. Wolfe Research boosted their price objective on Dollar General from $141.00 to $159.00 and gave the company an “outperform” rating in a report on Monday, December 22nd. BNP Paribas Exane raised their target price on Dollar General from $118.00 to $127.00 and gave the stock a “neutral” rating in a report on Friday, December 5th. Evercore ISI boosted their price target on Dollar General from $140.00 to $143.00 in a report on Tuesday, January 27th. Finally, Piper Sandler raised their price objective on shares of Dollar General from $117.00 to $129.00 and gave the stock a “neutral” rating in a research note on Friday, December 5th. Fourteen investment analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company. According to data from MarketBeat.com, Dollar General currently has a consensus rating of “Hold” and a consensus target price of $141.27.

About Dollar General

Dollar General Corporation is a U.S.-based variety and discount retailer operating a large network of small-format stores that serve primarily rural and suburban communities. The company is publicly traded on the New York Stock Exchange under the ticker DG and is headquartered in the Nashville/Goodlettsville, Tennessee area. Founded in 1939, Dollar General has grown from a regional operation into one of the nation’s prominent low-price retailers focused on convenience and value.

Dollar General’s stores offer a wide assortment of everyday consumables and household goods, including food and beverage items, cleaning supplies, health and beauty products, paper goods, apparel basics, seasonal merchandise and small household items.