Dollar General (NYSE:DG) Price Target Raised to $143.00

Dollar General (NYSE:DGFree Report) had its price target hoisted by Evercore ISI from $140.00 to $143.00 in a research note issued to investors on Tuesday morning,MarketScreener reports.

Other equities research analysts also recently issued reports about the stock. The Goldman Sachs Group raised shares of Dollar General from a “strong sell” rating to a “hold” rating in a research report on Friday, December 5th. Morgan Stanley increased their price target on Dollar General from $135.00 to $160.00 and gave the company an “equal weight” rating in a research report on Thursday, January 15th. UBS Group boosted their price objective on Dollar General from $135.00 to $143.00 and gave the stock a “buy” rating in a research report on Friday, December 5th. Guggenheim raised their target price on Dollar General from $125.00 to $140.00 and gave the company a “buy” rating in a research report on Friday, December 5th. Finally, Piper Sandler boosted their price target on shares of Dollar General from $117.00 to $129.00 and gave the stock a “neutral” rating in a report on Friday, December 5th. Fourteen research analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $141.27.

Get Our Latest Analysis on Dollar General

Dollar General Trading Down 2.4%

Shares of Dollar General stock opened at $141.62 on Tuesday. The company has a market capitalization of $31.17 billion, a P/E ratio of 24.46, a price-to-earnings-growth ratio of 2.63 and a beta of 0.26. The stock has a fifty day simple moving average of $133.62 and a 200 day simple moving average of $115.62. Dollar General has a 12-month low of $69.32 and a 12-month high of $154.75. The company has a current ratio of 1.17, a quick ratio of 0.24 and a debt-to-equity ratio of 0.63.

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

Dollar General Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 20th. Stockholders of record on Tuesday, January 6th were given a dividend of $0.59 per share. The ex-dividend date was Tuesday, January 6th. This represents a $2.36 annualized dividend and a dividend yield of 1.7%. Dollar General’s dividend payout ratio is currently 40.76%.

Insider Buying and Selling

In related news, EVP Bryan D. Wheeler sold 9,776 shares of the business’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 completion of the transaction, the executive vice president owned 22,295 shares of the company’s stock, valued at approximately $3,016,959.40. The trade was a 30.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Tracey N. Herrmann sold 12,583 shares of the company’s stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $125.07, for a total transaction of $1,573,755.81. Following 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 disclosure for this sale is available in the SEC filing. Insiders sold 58,673 shares of company stock valued at $7,713,389 in the last three months. Insiders own 0.56% of the company’s stock.

Institutional Investors Weigh In On Dollar General

Large investors have recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Dollar General by 4.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,317 shares of the company’s stock worth $2,314,000 after acquiring an additional 1,185 shares during the last quarter. NewEdge Advisors LLC grew its holdings in shares of Dollar General by 12.3% during the first 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. Woodline Partners LP increased its position in shares of Dollar General by 40.7% in the first quarter. Woodline Partners LP now owns 18,580 shares of the company’s stock worth $1,634,000 after purchasing an additional 5,373 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in Dollar General in the second quarter valued at approximately $211,000. Finally, Signaturefd LLC lifted its position in Dollar General by 31.3% during the second quarter. Signaturefd LLC now owns 5,977 shares of the company’s stock valued at $684,000 after purchasing an additional 1,426 shares during the last quarter. Institutional investors own 91.77% of the company’s stock.

Key Stories Impacting Dollar General

Here are the key news stories impacting Dollar General this week:

Dollar General Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Dollar General (NYSE:DG)

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