Dollar General (NYSE:DG) EVP Carman Wenkoff Sells 19,166 Shares

by · The Cerbat Gem

Dollar General Corporation (NYSE:DG – Get Free Report) EVP Carman Wenkoff sold 19,166 shares of the stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $132.01, for a total transaction of $2,530,103.66. Following the completion of the sale, the executive vice president directly owned 43,179 shares in the company, valued at approximately $5,700,059.79. This trade represents a 30.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Dollar General Stock Performance

Shares of NYSE:DG traded up $0.29 during trading hours on Friday, hitting $132.97. The stock had a trading volume of 4,592,461 shares, compared to its average volume of 3,646,299. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.24 and a current ratio of 1.17. The stock’s fifty day simple moving average is $105.70 and its 200 day simple moving average is $108.15. The firm has a market capitalization of $29.27 billion, a price-to-earnings ratio of 22.97, a PEG ratio of 2.29 and a beta of 0.27. Dollar General Corporation has a 1-year low of $66.43 and a 1-year high of $135.08.

Dollar General (NYSE:DG – Get Free Report) last issued its quarterly earnings data on Thursday, December 4th. The company reported $1.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.95 by $0.33. The business had revenue of $10.65 billion during the quarter, compared to analyst estimates of $10.60 billion. Dollar General had a return on equity of 18.59% and a net margin of 3.03%.The business’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.89 EPS. Dollar General has set its FY 2025 guidance at 6.300-6.500 EPS. Sell-side analysts anticipate that Dollar General Corporation will post 5.75 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 20th. Investors of record on Tuesday, January 6th will be paid a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Tuesday, January 6th. Dollar General’s payout ratio is currently 40.76%.

Institutional Investors Weigh In On Dollar General

Several large investors have recently modified their holdings of DG. Caldwell Trust Co acquired a new stake in shares of Dollar General during the second quarter worth $25,000. Elevation Point Wealth Partners LLC acquired a new position in shares of Dollar General in the 2nd quarter valued at $25,000. Atlantic Union Bankshares Corp purchased a new position in Dollar General in the 2nd quarter worth about $26,000. Root Financial Partners LLC acquired a new stake in Dollar General during the 3rd quarter worth about $26,000. Finally, Peoples Financial Services CORP. acquired a new stake in Dollar General during the 3rd quarter worth about $35,000. 91.77% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have commented on DG shares. Telsey Advisory Group reissued a “market perform” rating and set a $130.00 target price (up previously from $123.00) on shares of Dollar General in a research note on Thursday, December 4th. Wolfe Research raised their price objective on shares of Dollar General from $139.00 to $141.00 and gave the company an “outperform” rating in a research note on Tuesday. Citigroup upped their target price on Dollar General from $112.00 to $138.00 and gave the stock a “neutral” rating in a research report on Monday. Barclays increased their price target on Dollar General from $119.00 to $127.00 and gave the company an “overweight” rating in a research note on Friday, August 29th. Finally, JPMorgan Chase & Co. raised their target price on Dollar General from $115.00 to $128.00 and gave the company a “neutral” rating in a research note on Thursday, December 4th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and seventeen have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $127.60.

View Our Latest Report on DG

Dollar General Company Profile

(Get Free Report)

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. It offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, disinfectants, and laundry products; packaged food comprising cereals, pasta, canned soups, fruits and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine.

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