Key Points
- Insider sale: CAO Anita Elliott sold 2,516 shares at an average price of $132.52 for a total of $333,420.32, trimming her stake by 7.9% to 29,344 shares (about $3.89M).
- Strong quarterly results and outlook: Dollar General reported $1.28 EPS (vs. $0.95 est.) on $10.65B revenue and set FY2025 guidance of $6.30–$6.50 EPS.
- Dividend announced: The company declared a $0.59 quarterly dividend (annualized $2.36) with an ex-dividend/record date of January 6/January 20, implying a ~1.8% yield.
Dollar General Corporation (NYSE:DG - Get Free Report) CAO Anita Elliott sold 2,516 shares of the stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $132.52, for a total transaction of $333,420.32. Following the completion of the sale, the chief accounting officer directly owned 29,344 shares in the company, valued at approximately $3,888,666.88. This represents a 7.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Dollar General Price Performance
Shares of NYSE DG opened at $133.03 on Tuesday. The stock's 50-day simple moving average is $107.06 and its 200-day simple moving average is $108.75. The firm has a market capitalization of $29.28 billion, a PE ratio of 22.98, a price-to-earnings-growth ratio of 2.42 and a beta of 0.27. Dollar General Corporation has a fifty-two week low of $66.43 and a fifty-two week high of $135.57. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.24 and a current ratio of 1.17.
Dollar General (NYSE:DG - Get Free Report) last announced its earnings results on Thursday, December 4th. The company reported $1.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.95 by $0.33. Dollar General had a return on equity of 18.59% and a net margin of 3.03%.The firm had revenue of $10.65 billion during the quarter, compared to analysts' expectations of $10.60 billion. During the same period in the prior year, the firm earned $0.89 EPS. The business's revenue was up 4.6% on a year-over-year basis. Dollar General has set its FY 2025 guidance at 6.300-6.500 EPS. As a group, equities research analysts forecast that Dollar General Corporation will post 5.75 EPS for the current fiscal year.
Dollar General Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 20th. Shareholders of record on Tuesday, January 6th will be issued a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend is Tuesday, January 6th. Dollar General's payout ratio is currently 40.76%.
Analyst Ratings Changes
A number of research analysts recently weighed in on DG shares. UBS Group upped their price objective on Dollar General from $135.00 to $143.00 and gave the stock a "buy" rating in a report on Friday, December 5th. Oppenheimer boosted their price target on Dollar General from $138.00 to $145.00 and gave the stock an "outperform" rating in a report on Friday, December 5th. Gordon Haskett upgraded Dollar General from an "accumulate" rating to a "buy" rating in a research report on Thursday, December 4th. Piper Sandler lifted their price objective on Dollar General from $117.00 to $129.00 and gave the stock a "neutral" rating in a research report on Friday, December 5th. Finally, Evercore ISI set a $130.00 target price on shares of Dollar General in a research note on Friday, December 5th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and sixteen have assigned a Hold rating to the company's stock. According to MarketBeat.com, Dollar General has an average rating of "Hold" and a consensus target price of $129.12.
Check Out Our Latest Stock Report on Dollar General
Hedge Funds Weigh In On Dollar General
Large investors have recently added to or reduced their stakes in the business. AQR Capital Management LLC grew its holdings in Dollar General by 416.4% in the 3rd quarter. AQR Capital Management LLC now owns 2,525,608 shares of the company's stock valued at $259,759,000 after buying an additional 2,036,573 shares during the period. Arrowstreet Capital Limited Partnership boosted its position in shares of Dollar General by 116.0% in the second quarter. Arrowstreet Capital Limited Partnership now owns 2,714,972 shares of the company's stock worth $310,538,000 after acquiring an additional 1,458,093 shares during the last quarter. Royal Bank of Canada grew its holdings in Dollar General by 251.6% in the first quarter. Royal Bank of Canada now owns 2,035,524 shares of the company's stock valued at $178,983,000 after purchasing an additional 1,456,549 shares during the period. Norges Bank acquired a new position in Dollar General during the second quarter worth approximately $154,371,000. Finally, Massachusetts Financial Services Co. MA raised its stake in Dollar General by 15,369.9% during the second quarter. Massachusetts Financial Services Co. MA now owns 1,219,179 shares of the company's stock worth $139,450,000 after purchasing an additional 1,211,298 shares during the period. 91.77% of the stock is currently owned by hedge funds and other institutional investors.
About Dollar General
(
Get Free Report)
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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