Dollar General (NYSE:DG) Issues Earnings Results, Beats Expectations By $0.30 EPS

Dollar General (NYSE:DG) released its quarterly earnings data on Thursday. The company reported $1.86 earnings per share (EPS) for the quarter, beating 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 business posted $1.70 earnings per share. Dollar General updated its FY 2025 guidance to 5.800-6.300 EPS.

Dollar General Trading Up 0.7%

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

Dollar General Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 21st. Shareholders of record on Tuesday, October 7th will be given a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a yield of 2.1%. Dollar General’s dividend payout ratio is presently 45.04%.

Insider Buying and Selling at Dollar General

In related news, EVP Emily C. Taylor sold 1,969 shares of the firm’s stock in a transaction on Tuesday, June 17th. The stock was sold at an average price of $113.00, for a total value of $222,497.00. Following the completion of the transaction, the executive vice president owned 46,563 shares in the company, valued at $5,261,619. This trade represents a 4.06% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Kathleen A. Reardon sold 6,438 shares of the business’s stock in a transaction dated Thursday, June 12th. The shares were sold at an average price of $111.56, for a total value of $718,223.28. Following the sale, the executive vice president owned 41,646 shares in the company, 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 owned by corporate insiders.

Institutional Trading of Dollar General

Several large investors have recently made changes to their positions in the business. ICW Investment Advisors LLC lifted its position in Dollar General by 13.1% during the second quarter. ICW Investment Advisors LLC now owns 3,276 shares of the company’s stock valued at $375,000 after purchasing an additional 379 shares during the period. Federated Hermes Inc. boosted its holdings in Dollar General by 41.8% during the second quarter. Federated Hermes Inc. now owns 3,093 shares of the company’s stock worth $354,000 after buying an additional 911 shares in the last quarter. Two Sigma Securities LLC acquired a new stake in Dollar General during the second quarter valued at $329,000. Ruggaard & Associates LLC increased its holdings in Dollar General by 5.1% in the second quarter. Ruggaard & Associates LLC now owns 2,691 shares of the company’s stock valued at $308,000 after buying an additional 130 shares in the last quarter. Finally, Evergreen Capital Management LLC raised its position in shares of Dollar General by 11.2% in the second quarter. Evergreen Capital Management LLC now owns 2,598 shares of the company’s stock worth $297,000 after acquiring an additional 262 shares during the period. 91.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on DG. Raymond James Financial increased their price target on Dollar General from $100.00 to $125.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 4th. Piper Sandler increased their target price on shares of Dollar General from $112.00 to $115.00 and gave the stock a “neutral” rating in a report on Tuesday, July 22nd. Evercore ISI raised their target price on shares of Dollar General from $118.00 to $120.00 and gave the company an “in-line” rating in a research report on Tuesday, August 12th. 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 research report on Wednesday, June 4th. Finally, Sanford C. Bernstein set a $120.00 price objective on shares of Dollar General in a report on Friday, May 23rd. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and sixteen have given a Hold rating to the stock. According to MarketBeat, the stock 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.