News headlines about Dollar General (NYSE:DG) have been trending somewhat positive on Monday, Accern Sentiment reports. The research group rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Dollar General earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave news articles about the company an impact score of 44.484705479785 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the media stories that may have impacted Accern’s rankings:
- It’s Not Too Late To Buy Dollar General Corp. Stock (investorplace.com)
- Ledyard National Bank Has Decreased Dollar General (DG) Stake By $725760; Sphera Funds Management LTD … – Teletechwire (press release) (teletechwire.com)
- Quick Overview: Dollar General’s Fiscal 2017 Top-Line Performance (finance.yahoo.com)
- Q3 2019 EPS Estimates for Dollar General Corp. (DG) Increased by Analyst (americanbankingnews.com)
- Q1 2019 EPS Estimates for Dollar General Corp. (DG) Lifted by Jefferies Group (americanbankingnews.com)
Several brokerages have weighed in on DG. ValuEngine raised Dollar General from a “hold” rating to a “buy” rating in a research report on Thursday, February 8th. Loop Capital upped their target price on Dollar General from $87.00 to $97.00 and gave the stock a “hold” rating in a research report on Thursday. They noted that the move was a valuation call. Wolfe Research raised Dollar General from an “underperform” rating to an “outperform” rating in a research report on Wednesday, December 20th. Wells Fargo raised Dollar General from a “market perform” rating to an “outperform” rating and upped their target price for the stock from $102.27 to $117.00 in a research report on Tuesday, January 23rd. Finally, Royal Bank of Canada dropped their target price on Dollar General to $101.00 and set an “outperform” rating on the stock in a research report on Wednesday, March 14th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $95.60.
Dollar General (NYSE:DG) last announced its earnings results on Thursday, March 15th. The company reported $1.48 earnings per share for the quarter, meeting the consensus estimate of $1.48. Dollar General had a return on equity of 21.65% and a net margin of 6.55%. The firm had revenue of $6.13 billion during the quarter, compared to the consensus estimate of $6.20 billion. During the same quarter in the prior year, the company earned $1.49 EPS. The firm’s revenue for the quarter was up 2.0% compared to the same quarter last year. research analysts predict that Dollar General will post 6.05 EPS for the current fiscal year.
Dollar General announced that its Board of Directors has authorized a stock repurchase plan on Thursday, March 15th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s leadership believes its shares are undervalued.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 24th. Investors of record on Tuesday, April 10th will be paid a dividend of $0.29 per share. This is an increase from Dollar General’s previous quarterly dividend of $0.26. This represents a $1.16 annualized dividend and a yield of 1.23%. Dollar General’s dividend payout ratio is presently 18.37%.
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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.
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