Dollar General (NYSE:DG) Updates FY25 Earnings Guidance

Dollar General (NYSE:DG) issued an update on its FY25 earnings guidance on Thursday morning. The company provided EPS guidance of $5.50-$5.90 for the period, compared to the consensus EPS estimate of $5.82. The company issued revenue guidance of $40.56-$40.67 billion, compared to the consensus revenue estimate of $40.52 billion. Dollar General also updated its FY 2024 guidance to 5.500-5.900 EPS.

Dollar General Price Performance

Shares of DG stock opened at $79.63 on Friday. Dollar General has a fifty-two week low of $72.12 and a fifty-two week high of $168.07. The firm has a market capitalization of $17.51 billion, a price-to-earnings ratio of 12.36, a PEG ratio of 2.31 and a beta of 0.44. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.24 and a current ratio of 1.22. The stock’s 50-day simple moving average is $79.63 and its 200-day simple moving average is $104.26.

Dollar General (NYSE:DG) last issued its quarterly earnings results on Thursday, December 5th. The company reported $0.89 earnings per share for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.08). The business had revenue of $10.18 billion for the quarter, compared to analysts’ expectations of $10.14 billion. Dollar General had a return on equity of 20.62% and a net margin of 3.57%. Dollar General’s revenue was up 5.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.26 EPS. As a group, equities analysts forecast that Dollar General will post 5.85 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 21st. Shareholders of record on Tuesday, January 7th will be given a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 2.96%. Dollar General’s dividend payout ratio is presently 36.65%.

Analyst Ratings Changes

Several research analysts recently commented on the company. Evercore ISI reduced their price objective on Dollar General from $97.00 to $95.00 and set an “in-line” rating for the company in a research note on Tuesday. Jefferies Financial Group lowered their target price on Dollar General from $110.00 to $90.00 and set a “buy” rating for the company in a report on Friday, November 15th. Melius Research started coverage on Dollar General in a report on Monday, September 23rd. They set a “hold” rating and a $85.00 target price for the company. Telsey Advisory Group reduced their price target on Dollar General from $103.00 to $90.00 and set a “market perform” rating on the stock in a research report on Monday. Finally, Gordon Haskett raised Dollar General from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 8th. One research analyst has rated the stock with a sell rating, fourteen have given a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Dollar General currently has a consensus rating of “Hold” and a consensus target price of $103.32.

Insider Activity at Dollar General

In other news, EVP Roderick J. West sold 2,510 shares of Dollar General stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $83.25, for a total value of $208,957.50. Following the transaction, the executive vice president now directly owns 9,163 shares in the company, valued at approximately $762,819.75. The trade was a 21.50 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Steven R. Deckard sold 2,010 shares of the business’s stock in a transaction dated Wednesday, September 18th. The shares were sold at an average price of $86.66, for a total value of $174,186.60. Following the transaction, the executive vice president now owns 2,887 shares in the company, valued at $250,187.42. This represents a 41.05 % decrease in their ownership of the stock. 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.