Equities analysts expect Dollar General Corp. (NYSE:DG) to report earnings per share of $0.99 for the current fiscal quarter, Zacks Investment Research reports. Seven analysts have provided estimates for Dollar General Corp.’s earnings, with estimates ranging from $0.96 to $1.04. Dollar General Corp. posted earnings per share of $1.03 during the same quarter last year, which would indicate a negative year-over-year growth rate of 3.9%. The company is scheduled to report its next quarterly earnings results before the market opens on Thursday, June 1st.

On average, analysts expect that Dollar General Corp. will report full-year earnings of $4.45 per share for the current fiscal year, with EPS estimates ranging from $4.38 to $4.51. For the next fiscal year, analysts anticipate that the firm will post earnings of $4.91 per share, with EPS estimates ranging from $4.80 to $5.02. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research analysts that follow Dollar General Corp..

Dollar General Corp. (NYSE:DG) last posted its quarterly earnings results on Thursday, March 16th. The company reported $1.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.41 by $0.08. The firm had revenue of $6.01 billion during the quarter, compared to analysts’ expectations of $5.96 billion. Dollar General Corp. had a net margin of 5.70% and a return on equity of 22.79%. The firm’s revenue for the quarter was up 13.7% on a year-over-year basis. During the same period in the prior year, the company posted $1.30 earnings per share.

DG has been the subject of several research reports. Credit Suisse Group AG lowered shares of Dollar General Corp. from a “neutral” rating to an “underperform” rating and set a $62.00 price target for the company. in a report on Thursday, March 23rd. Zacks Investment Research lowered shares of Dollar General Corp. from a “hold” rating to a “sell” rating in a report on Tuesday, March 21st. Vetr lowered shares of Dollar General Corp. from a “strong-buy” rating to a “buy” rating and set a $76.50 target price for the company. in a research note on Monday, March 27th. Buckingham Research lowered shares of Dollar General Corp. from a “buy” rating to a “neutral” rating and reduced their target price for the company from $83.00 to $75.00 in a research note on Friday, March 10th. Finally, Deutsche Bank AG reissued a “hold” rating and set a $78.00 target price on shares of Dollar General Corp. in a research note on Thursday, April 6th. Three equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and nine have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $82.68.

Hedge funds have recently added to or reduced their stakes in the company. Advisors Asset Management Inc. increased its stake in Dollar General Corp. by 34.3% in the third quarter. Advisors Asset Management Inc. now owns 35,516 shares of the company’s stock worth $2,486,000 after buying an additional 9,068 shares during the last quarter. BB&T Corp increased its stake in Dollar General Corp. by 12.7% in the third quarter. BB&T Corp now owns 101,243 shares of the company’s stock worth $7,086,000 after buying an additional 11,432 shares during the last quarter. Decatur Capital Management Inc. increased its stake in Dollar General Corp. by 320.1% in the third quarter. Decatur Capital Management Inc. now owns 40,939 shares of the company’s stock worth $2,865,000 after buying an additional 31,193 shares during the last quarter. CAM Group Holding A S increased its stake in Dollar General Corp. by 3.4% in the third quarter. CAM Group Holding A S now owns 3,699,084 shares of the company’s stock worth $258,899,000 after buying an additional 122,380 shares during the last quarter. Finally, Tukman Grossman Capital Management Inc. acquired a new stake in Dollar General Corp. during the third quarter worth approximately $30,614,000. Institutional investors and hedge funds own 81.93% of the company’s stock.

Dollar General Corp. (NYSE:DG) traded down 0.21% on Friday, reaching $72.32. 1,565,459 shares of the company traded hands. The company has a 50-day moving average price of $71.42 and a 200-day moving average price of $73.40. Dollar General Corp. has a 12 month low of $66.50 and a 12 month high of $96.88. The company has a market capitalization of $19.89 billion, a P/E ratio of 16.33 and a beta of 0.84. Dollar General Corp. also was the target of some unusual options trading activity on Tuesday. Traders bought 10,146 put options on the stock. This is an increase of 762% compared to the average daily volume of 1,177 put options.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 26th. Investors of record on Tuesday, April 11th were issued a $0.26 dividend. This is an increase from Dollar General Corp.’s previous quarterly dividend of $0.25. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.44%. The ex-dividend date was Friday, April 7th. Dollar General Corp.’s payout ratio is presently 23.53%.

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About Dollar General Corp.

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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