Dollar General (DG) Issues FY18 Earnings Guidance

Dollar General (NYSE:DG) updated its FY18 earnings guidance on Thursday. The company provided EPS guidance of 4.37-4.47 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.54.

Several brokerages have recently issued reports on DG. Raymond James Financial reiterated a buy rating on shares of Dollar General in a research note on Sunday. UBS reiterated a buy rating and issued a $99.00 price objective (up previously from $85.00) on shares of Dollar General in a research note on Monday. Moffett Nathanson initiated coverage on Dollar General in a research note on Monday. They set a neutral rating for the company. MKM Partners boosted their target price on Dollar General to $96.00 and gave the stock a buy rating in a research note on Monday, November 20th. Finally, KeyCorp restated a hold rating on shares of Dollar General in a research note on Friday, November 10th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and fourteen have assigned a buy rating to the stock. The stock currently has an average rating of Hold and a consensus target price of $82.93.

Dollar General (DG) opened at $90.85 on Thursday. The stock has a market capitalization of $24,694.42, a P/E ratio of 20.04, a PEG ratio of 1.78 and a beta of 0.96. The company has a quick ratio of 0.18, a current ratio of 1.42 and a debt-to-equity ratio of 0.47. Dollar General has a twelve month low of $65.97 and a twelve month high of $92.11.

Dollar General (NYSE:DG) last released its earnings results on Thursday, December 7th. The company reported $0.93 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.94 by ($0.01). The company had revenue of $5.90 billion during the quarter, compared to analyst estimates of $5.80 billion. Dollar General had a net margin of 5.38% and a return on equity of 22.67%. The company’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.89 EPS. sell-side analysts forecast that Dollar General will post 4.5 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 23rd. Stockholders of record on Tuesday, January 9th will be issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.14%. Dollar General’s payout ratio is currently 23.48%.

In related news, EVP Robert D. Ravener sold 11,257 shares of the company’s stock in a transaction on Tuesday, September 12th. The stock was sold at an average price of $77.00, for a total transaction of $866,789.00. Following the transaction, the executive vice president now owns 22,598 shares of the company’s stock, valued at $1,740,046. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.22% of the company’s stock.

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Dollar General 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.

Earnings History and Estimates for Dollar General (NYSE:DG)

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