Dollar General Corporation (DG) Scheduled to Post Quarterly Earnings on Wednesday
Dollar General Corporation (NYSE:DG) will issue its quarterly earnings data before the market opens on Wednesday, August 23rd. Analysts expect the company to announce earnings of $1.09 per share for the quarter. Dollar General Corporation has set its FY18 guidance at $4.25-4.50 EPS.
Dollar General Corporation (NYSE:DG) last posted its earnings results on Thursday, June 1st. The company reported $1.03 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.00 by $0.03. Dollar General Corporation had a net margin of 5.53% and a return on equity of 23.07%. The company had revenue of $5.61 billion for the quarter, compared to analyst estimates of $5.59 billion. During the same quarter in the prior year, the business posted $1.03 EPS. The firm’s revenue was up 6.5% compared to the same quarter last year. On average, analysts expect Dollar General Corporation to post $4.50 EPS for the current fiscal year and $4.99 EPS for the next fiscal year.
Shares of Dollar General Corporation (NYSE:DG) opened at 73.64 on Wednesday. Dollar General Corporation has a 12-month low of $65.97 and a 12-month high of $92.04. The company has a 50 day moving average of $72.93 and a 200-day moving average of $72.72. The firm has a market cap of $20.19 billion, a price-to-earnings ratio of 16.65 and a beta of 0.93.
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 25th. Investors of record on Tuesday, July 11th were paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 1.41%. The ex-dividend date was Friday, July 7th. Dollar General Corporation’s payout ratio is currently 23.48%.
Several equities research analysts recently commented on DG shares. Sanford C. Bernstein reissued an “outperform” rating and set a $88.00 price objective on shares of Dollar General Corporation in a research note on Wednesday, May 17th. Buckingham Research reissued a “neutral” rating and set a $75.00 price objective on shares of Dollar General Corporation in a research note on Tuesday, April 18th. Zacks Investment Research raised shares of Dollar General Corporation from a “sell” rating to a “hold” rating in a research note on Wednesday, May 24th. Deutsche Bank AG reissued a “hold” rating and set a $79.00 price objective (up previously from $78.00) on shares of Dollar General Corporation in a research note on Saturday, June 3rd. Finally, Jefferies Group LLC reissued a “hold” rating and set a $68.00 price objective on shares of Dollar General Corporation in a research note on Wednesday, April 19th. Two investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating and eleven have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $80.89.
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Dollar General Corporation Company Profile
Dollar General Corporation is a discount retailer. The Company offers a selection of merchandise, including consumables, seasonal, home products and apparel. The Company’s consumables category includes paper and cleaning products (such as paper towels, bath tissue, and other home cleaning supplies); packaged food (such as cereals, spices, sugar and flour); perishables (such as milk, beer and wine); snacks (such as candy, cookies, and carbonated beverages); health and beauty (such as over-the-counter medicines and personal care products); pet (pet supplies and pet food), and tobacco products.
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