Dollar General (DG) will publish quarterly earnings on Thursday

Dollar General (NYSE:DG – Get Your Free Report ) is scheduled to release its earnings data before the market opens on Thursday, August 29th. Analysts expect Dollar General to post earnings of $1.81 per share for the quarter. Those interested in listening to the company’s earnings call can do so using this link.

Dollar General (NYSE:DG – Get Free Report ) last posted its quarterly earnings results on Thursday, May 30th. The company reported $1.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.08. Dollar General had a return on equity of 22.80% and a net margin of 3.85%. The business had revenue of $9.91 billion during the quarter, compared to analyst estimates of $9.89 billion. In the same quarter last year, the business posted EPS of $2.34. Dollar General’s revenue for the quarter was up 6.1% compared to the same quarter last year. On average, analysts expect Dollar General to post earnings of $7 for the current fiscal year and $8 for the next fiscal year.

Overall dollar trading up 1.7%

Shares of DG opened at $123.66 on Thursday. Dollar General has a 52-week low of $101.09 and a 52-week high of $168.07. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.18, and a current ratio of 1.22. The firm has a market cap of $27.19 billion, a PE ratio of 18.00, a PEG ratio of 2.36 and a beta of 0.43. The stock has a fifty day simple moving average of $124.15 and a two hundred day simple moving average of $137.17.

Dollar General announces dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 23rd. Shareholders of record on Tuesday, July 9th were paid a $0.59 dividend. The ex-dividend date was Tuesday, July 9th. This represents a dividend of $2.36 on an annualized basis and a yield of 1.91%. Dollar General’s payout ratio is currently 34.35%.

Analyst upgrades and downgrades

DG has been the subject of several research analyst reports. Evercore ISI reduced their price objective on Dollar General from $151.00 to $148.00 and set an “in-line” rating for the company in a research report on Tuesday, July 2nd. Piper Sandler decreased their price objective on Dollar General from $147.00 to $141.00 and set a “neutral” rating for the company in a research report on Friday, May 31st. Truist Financial lowered their price objective on Dollar General from $140.00 to $135.00 and set a “hold” rating for the company in a research report on Friday, May 31st. Telsey Advisory Group restated an “outperform” rating and set a $170.00 price objective on shares of Dollar General in a research report on Thursday, May 30th. Finally, Loop Capital reduced their price objective on Dollar General from $140.00 to $130.00 and set a “hold” rating for the company in a research report on Tuesday, August 13th . Twelve research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $147.41.

Read the latest stock report on Dollar General

Dollar General Company Profile

(Get a free report)

Dollar General Corporation, a discount retailer, provides various merchandise products in the South, Southwest, Midwest, and Eastern United States. Provides consumables including paper and cleaning products such as paper towels, bath tissue, paper tableware, trash and storage bags, disinfectants and laundry detergent; Packaged foods including cereals, pasta, canned soups, fruits and vegetables, spices, seasonings, sugar and flour; and perishables that include milk, eggs, bread, refrigerated and frozen foods, beer and wine.

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