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

Dollar General (NYSE DG) opened at $90.85 on Thursday. Dollar General has a one year low of $65.97 and a one year high of $92.11. The firm has a market cap of $24,694.42, a P/E ratio of 20.04, a price-to-earnings-growth ratio of 1.78 and a beta of 0.96. The company has a current ratio of 1.42, a quick ratio of 0.18 and a debt-to-equity ratio of 0.47.

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

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

DG has been the subject of a number of analyst reports. BMO Capital Markets reaffirmed a hold rating on shares of Dollar General in a research note on Wednesday, September 27th. UBS reissued a buy rating and set a $99.00 price target (up previously from $85.00) on shares of Dollar General in a research report on Monday. Moffett Nathanson started coverage on shares of Dollar General in a research report on Monday. They set a neutral rating for the company. BidaskClub raised shares of Dollar General from a hold rating to a buy rating in a research report on Friday, August 25th. Finally, Deutsche Bank reissued a hold rating and set a $79.00 price target on shares of Dollar General in a research report on Friday, September 1st. Two analysts have rated the stock with a sell rating, ten have given a hold rating and fourteen have issued a buy rating to the company’s stock. The company has an average rating of Hold and an average target price of $82.93.

In other news, EVP Robert D. Ravener sold 11,257 shares of Dollar General stock in a transaction on Tuesday, September 12th. The shares were 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 in the company, valued at approximately $1,740,046. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.22% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: This piece was first posted by American Banking News and is the sole property of of American Banking News. If you are viewing this piece on another domain, it was illegally copied and reposted in violation of US & international copyright and trademark legislation. The correct version of this piece can be read at https://www.americanbankingnews.com/2017/12/07/dollar-general-dg-updates-fy18-earnings-guidance.html.

About Dollar General

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)

Receive News & Ratings for Dollar General Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dollar General Corp. and related companies with MarketBeat.com's FREE daily email newsletter.