Dollar General (NYSE:DG) Releases FY25 Earnings Guidance

Dollar General (NYSE:DG) updated its FY25 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $5.50-6.20 for the period, compared to the consensus estimate of $7.10. The company issued revenue guidance of 4.7-5.3% yr/yr to $40.51-40.74 billion, compared to the consensus revenue estimate of $41.03 billion. Dollar General also updated its FY 2024 guidance to 5.500-6.200 EPS.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Wells Fargo & Company lowered their target price on Dollar General from $145.00 to $130.00 and set an equal weight rating on the stock in a research report on Tuesday. Evercore ISI lowered their price objective on Dollar General from $151.00 to $148.00 and set an in-line rating on the stock in a research report on Tuesday, July 2nd. Truist Financial lowered their price objective on Dollar General from $135.00 to $130.00 and set a hold rating on the stock in a research report on Monday. JPMorgan Chase & Co. lowered their price objective on Dollar General from $161.00 to $137.00 and set a neutral rating on the stock in a research report on Friday, May 31st. Finally, BMO Capital Markets decreased their target price on Dollar General from $150.00 to $140.00 and set a market perform rating on the stock in a research report on Friday, May 31st. Twelve analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of Hold and a consensus target price of $146.41.

Dollar General Trading Down 29.7 %

NYSE:DG traded down $36.74 during midday trading on Thursday, hitting $87.10. The stock had a trading volume of 20,074,990 shares, compared to its average volume of 2,506,078. Dollar General has a one year low of $87.01 and a one year high of $168.07. The company has a market capitalization of $19.15 billion, a price-to-earnings ratio of 13.38, a PEG ratio of 2.36 and a beta of 0.43. The stock has a 50-day moving average of $124.01 and a 200 day moving average of $136.88. The company has a quick ratio of 0.18, a current ratio of 1.22 and a debt-to-equity ratio of 0.89.

Dollar General (NYSE:DG) last announced its quarterly earnings data on Thursday, August 29th. The company reported $1.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.79 by ($0.09). The firm had revenue of $10.21 billion during the quarter, compared to the consensus estimate of $10.37 billion. Dollar General had a return on equity of 22.80% and a net margin of 3.85%. The firm’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same period last year, the company earned $2.13 EPS. As a group, sell-side analysts forecast that Dollar General will post 7.21 EPS for the current year.

Dollar General Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 22nd. Stockholders of record on Tuesday, October 8th will be issued a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a dividend yield of 2.71%. Dollar General’s dividend payout ratio is presently 34.35%.

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.