Dollar General (NYSE:DG) Issues FY25 Earnings Guidance

Dollar General (NYSE:DG) issued an update on its FY25 earnings guidance on Thursday morning. The company provided EPS guidance of $6.80-7.75 for the period, compared to the consensus EPS estimate of $7.26. The company issued revenue guidance of +6.0-6.7% yr/yr to ~$41.0-41.3 billion, compared to the consensus revenue estimate of $41.04 billion. Dollar General also updated its FY 2024 guidance to 6.800-7.550 EPS.

Dollar General Trading Up 7.0 %

Shares of DG stock opened at $136.93 on Friday. Dollar General has a 52-week low of $101.09 and a 52-week high of $204.67. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.15 and a current ratio of 1.22. The firm has a market capitalization of $30.11 billion, a PE ratio of 19.93, a PEG ratio of 2.53 and a beta of 0.44. The stock has a fifty day simple moving average of $145.14 and a two-hundred day simple moving average of $139.60.

Dollar General (NYSE:DG) last issued its quarterly earnings results on Thursday, May 30th. The company reported $1.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.08. The business had revenue of $9.91 billion during the quarter, compared to analyst estimates of $9.89 billion. Dollar General had a return on equity of 22.80% and a net margin of 3.85%. Dollar General’s revenue for the quarter was up 6.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.34 EPS. On average, analysts predict that Dollar General will post 7.28 EPS for the current fiscal year.

Dollar General Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 23rd. Stockholders of record on Tuesday, July 9th will be given a dividend of $0.59 per share. The ex-dividend date is Tuesday, July 9th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.72%. Dollar General’s payout ratio is 34.35%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on DG shares. Raymond James increased their price target on shares of Dollar General from $150.00 to $165.00 and gave the company an outperform rating in a report on Friday, March 15th. Loop Capital lowered their price target on shares of Dollar General from $150.00 to $135.00 and set a hold rating for the company in a report on Friday. Morgan Stanley increased their price target on shares of Dollar General from $160.00 to $170.00 and gave the company an overweight rating in a report on Friday, March 15th. Wells Fargo & Company raised their price objective on shares of Dollar General from $125.00 to $155.00 and gave the stock an equal weight rating in a research note on Friday, March 15th. Finally, Piper Sandler decreased their price objective on shares of Dollar General from $147.00 to $141.00 and set a neutral rating for the company in a research note on Friday. Fifteen investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat.com, Dollar General presently has an average rating of Hold and an average price target of $151.48.

Insider Buying and Selling at Dollar General

In other Dollar General news, EVP Carman R. Wenkoff sold 5,909 shares of the company’s stock in a transaction dated Thursday, April 4th. The shares were sold at an average price of $162.23, for a total value of $958,617.07. Following the sale, the executive vice president now owns 28,579 shares of the company’s stock, valued at $4,636,371.17. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, Director Ralph Santana sold 3,009 shares of the company’s stock in a transaction that occurred on Thursday, April 11th. The shares were sold at an average price of $155.72, for a total transaction of $468,561.48. Following the completion of the transaction, the director now owns 3,248 shares of the company’s stock, valued at $505,778.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Carman R. Wenkoff sold 5,909 shares of the company’s stock in a transaction that occurred on Thursday, April 4th. The stock was sold at an average price of $162.23, for a total transaction of $958,617.07. Following the transaction, the executive vice president now directly owns 28,579 shares of the company’s stock, valued at approximately $4,636,371.17. The disclosure for this sale can be found here. Insiders own 0.49% of the company’s stock.

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.