Dollar General Corporation (DG) Scheduled to Post Quarterly Earnings on Wednesday
Dollar General Corporation (NYSE:DG) will announce its earnings results before the market opens on Wednesday, August 23rd. Analysts expect the company to announce earnings of $1.09 per share for the quarter. Dollar General Corporation has set its FY18 guidance at $4.25-4.50 EPS.
Dollar General Corporation (NYSE:DG) last released its quarterly earnings results on Thursday, June 1st. The company reported $1.03 EPS for the quarter, topping the Zacks’ consensus estimate of $1.00 by $0.03. The business had revenue of $5.61 billion for the quarter, compared to analyst estimates of $5.59 billion. Dollar General Corporation had a return on equity of 23.07% and a net margin of 5.53%. Dollar General Corporation’s revenue for the quarter was up 6.5% on a year-over-year basis. During the same period in the prior year, the company earned $1.03 EPS. On average, analysts expect Dollar General Corporation to post $4.50 EPS for the current fiscal year and $4.99 EPS for the next fiscal year.
Shares of Dollar General Corporation (NYSE DG) opened at 73.64 on Wednesday. Dollar General Corporation has a 52-week low of $65.97 and a 52-week high of $92.04. The company has a market capitalization of $20.19 billion, a price-to-earnings ratio of 16.65 and a beta of 0.93. The company’s 50-day moving average price is $72.93 and its 200-day moving average price is $72.72.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 25th. Shareholders of record on Tuesday, July 11th were given a dividend of $0.26 per share. The ex-dividend date of this dividend was Friday, July 7th. This represents a $1.04 annualized dividend and a yield of 1.41%. Dollar General Corporation’s dividend payout ratio is currently 23.48%.
Several brokerages have commented on DG. Sanford C. Bernstein restated an “outperform” rating and set a $88.00 price objective on shares of Dollar General Corporation in a research report on Wednesday, May 17th. Jefferies Group LLC restated a “hold” rating and set a $68.00 price objective on shares of Dollar General Corporation in a research report on Wednesday, April 19th. BMO Capital Markets restated a “neutral” rating and set a $85.00 price objective (up from $76.00) on shares of Dollar General Corporation in a research report on Friday, June 2nd. Zacks Investment Research upgraded shares of Dollar General Corporation from a “hold” rating to a “buy” rating and set a $83.00 price objective for the company in a research report on Friday, June 9th. Finally, BidaskClub downgraded shares of Dollar General Corporation from a “sell” rating to a “strong sell” rating in a research report on Wednesday, July 12th. Two research analysts have rated the stock with a sell rating, fifteen have given a hold rating and eleven have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $80.89.
Dollar General Corporation 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.
Receive News & Ratings for Dollar General Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dollar General Corporation and related companies with MarketBeat.com's FREE daily email newsletter.