Dollar General Corp. (NYSE:DG) – Equities researchers at Jefferies Financial Group decreased their FY2019 EPS estimates for Dollar General in a research report issued to clients and investors on Tuesday, December 4th. Jefferies Financial Group analyst C. Mandeville now anticipates that the company will post earnings per share of $6.02 for the year, down from their prior estimate of $6.10. Jefferies Financial Group also issued estimates for Dollar General’s Q4 2019 earnings at $1.88 EPS.

Dollar General (NYSE:DG) last released its quarterly earnings results on Tuesday, December 4th. The company reported $1.26 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.26. Dollar General had a net margin of 7.24% and a return on equity of 24.03%. The firm had revenue of $6.42 billion during the quarter, compared to analyst estimates of $6.38 billion. During the same quarter in the prior year, the firm earned $0.93 EPS. The business’s revenue for the quarter was up 8.7% compared to the same quarter last year.

Other equities research analysts have also issued reports about the stock. MKM Partners increased their target price on shares of Dollar General to $117.00 and gave the stock a “buy” rating in a report on Tuesday, August 28th. Deutsche Bank increased their target price on shares of Dollar General from $123.00 to $125.00 and gave the stock a “buy” rating in a report on Friday, August 31st. Guggenheim reissued a “buy” rating and issued a $115.00 target price on shares of Dollar General in a report on Monday, August 20th. ValuEngine raised shares of Dollar General from a “hold” rating to a “buy” rating in a report on Saturday, August 18th. Finally, Zacks Investment Research raised shares of Dollar General from a “sell” rating to a “buy” rating and set a $115.00 target price for the company in a report on Tuesday, August 14th. One analyst has rated the stock with a sell rating, eight have given a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company. Dollar General has an average rating of “Buy” and an average target price of $107.26.

NYSE DG opened at $106.68 on Thursday. The stock has a market cap of $27.64 billion, a PE ratio of 23.76, a price-to-earnings-growth ratio of 1.27 and a beta of 0.84. Dollar General has a 52 week low of $85.54 and a 52 week high of $118.45. The company has a quick ratio of 0.21, a current ratio of 1.55 and a debt-to-equity ratio of 0.46.

Institutional investors and hedge funds have recently made changes to their positions in the business. SRS Capital Advisors Inc. purchased a new stake in Dollar General during the 3rd quarter valued at approximately $107,000. Signaturefd LLC grew its holdings in Dollar General by 74.0% during the 3rd quarter. Signaturefd LLC now owns 1,521 shares of the company’s stock valued at $166,000 after buying an additional 647 shares in the last quarter. HighPoint Advisor Group LLC purchased a new stake in Dollar General during the 3rd quarter valued at approximately $173,000. Synovus Financial Corp grew its holdings in Dollar General by 73.2% during the 3rd quarter. Synovus Financial Corp now owns 1,826 shares of the company’s stock valued at $201,000 after buying an additional 772 shares in the last quarter. Finally, Financial Counselors Inc. purchased a new stake in Dollar General during the 3rd quarter valued at approximately $201,000. 94.23% of the stock is owned by institutional investors and hedge funds.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 22nd. Shareholders of record on Tuesday, January 8th will be issued a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date is Monday, January 7th. Dollar General’s dividend payout ratio (DPR) is currently 25.84%.

About Dollar General

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, Midwestern, and eastern United States. The company offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, and laundry and other home cleaning supplies; packaged food comprising cereals, canned soups 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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Earnings History and Estimates for Dollar General (NYSE:DG)

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