Stock Traders Buy Large Volume of Dollar General Put Options (NYSE:DG)

Dollar General Corporation (NYSE:DGGet Free Report) was the recipient of some unusual options trading activity on Monday. Traders purchased 8,317 put options on the company. This represents an increase of 26% compared to the average daily volume of 6,582 put options.

Institutional Trading of Dollar General

Hedge funds have recently modified their holdings of the company. Keel Point LLC bought a new stake in Dollar General during the 1st quarter worth approximately $393,000. Summitry LLC grew its stake in shares of Dollar General by 5.5% during the 1st quarter. Summitry LLC now owns 8,654 shares of the company’s stock worth $1,027,000 after acquiring an additional 454 shares in the last quarter. Vestor Capital LLC grew its stake in shares of Dollar General by 663.8% during the 1st quarter. Vestor Capital LLC now owns 28,979 shares of the company’s stock worth $3,441,000 after acquiring an additional 25,185 shares in the last quarter. Western Wealth Management LLC bought a new position in shares of Dollar General during the 1st quarter worth approximately $396,000. Finally, NewEdge Advisors LLC grew its stake in shares of Dollar General by 12.3% during the 1st quarter. NewEdge Advisors LLC now owns 70,427 shares of the company’s stock worth $8,362,000 after acquiring an additional 7,702 shares in the last quarter. 91.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently issued reports on DG. Telsey Advisory Group reaffirmed a “market perform” rating and set a $140.00 target price on shares of Dollar General in a research report on Tuesday, March 24th. KeyCorp reissued a “sector weight” rating on shares of Dollar General in a report on Friday, March 13th. BMO Capital Markets boosted their target price on shares of Dollar General from $130.00 to $145.00 and gave the company a “market perform” rating in a research note on Friday, February 13th. Sanford C. Bernstein reduced their target price on shares of Dollar General from $150.00 to $146.00 and set an “outperform” rating on the stock in a research note on Wednesday, March 25th. Finally, Loop Capital reduced their target price on shares of Dollar General from $145.00 to $110.00 and set a “hold” rating on the stock in a research note on Friday, May 22nd. Twelve analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $139.38.

Get Our Latest Analysis on Dollar General

Dollar General News Summary

Here are the key news stories impacting Dollar General this week:

Dollar General Stock Performance

Dollar General stock opened at $106.78 on Wednesday. The company has a current ratio of 1.13, a quick ratio of 0.22 and a debt-to-equity ratio of 0.54. Dollar General has a 1 year low of $95.11 and a 1 year high of $158.23. The company has a market cap of $23.52 billion, a PE ratio of 15.59, a PEG ratio of 1.79 and a beta of 0.26. The company’s 50-day moving average is $115.21 and its two-hundred day moving average is $128.71.

Dollar General (NYSE:DGGet Free Report) last released its earnings results on Tuesday, June 2nd. The company reported $2.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.89 by $0.11. Dollar General had a net margin of 3.54% and a return on equity of 18.66%. The company had revenue of $10.79 billion for the quarter, compared to the consensus estimate of $10.81 billion. During the same period in the prior year, the company posted $1.78 EPS. The company’s revenue was up 3.4% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. Equities analysts anticipate that Dollar General will post 7.25 earnings per share for the current year.

Dollar General Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 21st. Shareholders of record on Tuesday, July 7th will be given a dividend of $0.59 per share. The ex-dividend date is Tuesday, July 7th. This represents a $2.36 dividend on an annualized basis and a yield of 2.2%. Dollar General’s dividend payout ratio is presently 34.45%.

About Dollar General

(Get Free Report)

Dollar General Corporation is a U.S.-based variety and discount retailer operating a large network of small-format stores that serve primarily rural and suburban communities. The company is publicly traded on the New York Stock Exchange under the ticker DG and is headquartered in the Nashville/Goodlettsville, Tennessee area. Founded in 1939, Dollar General has grown from a regional operation into one of the nation’s prominent low-price retailers focused on convenience and value.

Dollar General’s stores offer a wide assortment of everyday consumables and household goods, including food and beverage items, cleaning supplies, health and beauty products, paper goods, apparel basics, seasonal merchandise and small household items.

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