Dollar General Corp. (NYSE:DG) has been given a consensus recommendation of “Hold” by the twenty-seven ratings firms that are currently covering the firm, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, eleven have issued a hold recommendation and thirteen have given a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $86.02.

Several research analysts have recently issued reports on DG shares. BMO Capital Markets set a $85.00 price objective on shares of Dollar General and gave the stock a “hold” rating in a report on Tuesday, August 22nd. Zacks Investment Research downgraded shares of Dollar General from a “buy” rating to a “hold” rating in a report on Wednesday, August 23rd. Loop Capital restated a “hold” rating and set a $76.00 price objective on shares of Dollar General in a report on Thursday, August 24th. Bank of America restated a “buy” rating and set a $90.00 price objective on shares of Dollar General in a report on Friday, August 25th. Finally, BidaskClub upgraded shares of Dollar General from a “hold” rating to a “buy” rating in a report on Friday, August 25th.

Dollar General (NYSE:DG) opened at $91.64 on Thursday. The company has a market cap of $24,772.03, a price-to-earnings ratio of 19.83, a P/E/G ratio of 1.80 and a beta of 0.96. Dollar General has a twelve month low of $65.97 and a twelve month high of $96.60. The company has a quick ratio of 0.19, a current ratio of 1.41 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 EPS for the quarter, missing the consensus estimate of $0.94 by ($0.01). The firm had revenue of $5.90 billion during the quarter, compared to the consensus estimate of $5.80 billion. Dollar General had a return on equity of 22.58% and a net margin of 5.31%. The business’s revenue was up 11.0% compared to the same quarter last year. During the same quarter last year, the business earned $0.89 EPS. analysts expect that Dollar General will post 4.49 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 23rd. Investors of record on Tuesday, January 9th will be paid a $0.26 dividend. The ex-dividend date is Monday, January 8th. This represents a $1.04 dividend on an annualized basis and a yield of 1.13%. Dollar General’s payout ratio is currently 23.01%.

In related news, EVP Robert D. Ravener sold 11,368 shares of the company’s stock in a transaction dated Tuesday, December 12th. The shares were sold at an average price of $92.81, for a total value of $1,055,064.08. Following the sale, the executive vice president now owns 22,598 shares of the company’s stock, valued at $2,097,320.38. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.22% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in the business. Veritable L.P. boosted its position in Dollar General by 0.7% in the second quarter. Veritable L.P. now owns 4,803 shares of the company’s stock valued at $346,000 after buying an additional 35 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in Dollar General by 2.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,034 shares of the company’s stock valued at $146,000 after buying an additional 48 shares in the last quarter. Homrich & Berg boosted its position in Dollar General by 2.2% in the second quarter. Homrich & Berg now owns 4,379 shares of the company’s stock valued at $316,000 after buying an additional 93 shares in the last quarter. Condor Capital Management boosted its position in Dollar General by 0.9% in the second quarter. Condor Capital Management now owns 14,292 shares of the company’s stock valued at $1,030,000 after buying an additional 126 shares in the last quarter. Finally, Financial Enhancement Group LLC boosted its position in Dollar General by 4.1% in the second quarter. Financial Enhancement Group LLC now owns 3,276 shares of the company’s stock valued at $236,000 after buying an additional 128 shares in the last quarter. Hedge funds and other institutional investors own 89.90% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “Dollar General Corp. (DG) Given Average Rating of “Hold” by Brokerages” was posted by American Banking News and is the property of of American Banking News. If you are accessing this news story on another domain, it was copied illegally and republished in violation of U.S. and international copyright & trademark legislation. The correct version of this news story can be accessed at https://www.americanbankingnews.com/2017/12/14/dollar-general-corp-dg-given-average-rating-of-hold-by-brokerages.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.

Analyst Recommendations for Dollar General (NYSE:DG)

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