Is Dollar General Corp. (NYSE: DG) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Yahoo Finance discussed the stock recently as it posted Dollar General Announces Updates to Store Operations Leadership.

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Stocks Info

This NYSE-listed company operates within the Discount Stores industry segment, falling under the Consumer Defensive sector. At the end of the last regular session, the stock closed at $137.16 and fluctuated between $139.86 as its day high and $136.30 as its day low. The current market capitalization of Dollar General Corp. is $30.11B. A total of 2.23 million shares were traded on the day, compared to an average of 2.99M shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, DG has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 36 BUYs and 17 SELLs from insiders. Insiders purchased 198,812 shares during that period but sold 83,255.

In the most recent transaction, Wenkoff Carman R bought 2,000 shares of DG for 106.25 per share on Sep 29. After the transaction, the EVP & Chief Information Ofc now owns 30,966 company shares. In a previous transaction on Jun 08, CALBERT MICHAEL M bought 6,000 shares at 155.44 per share. DG shares that Director owns now total 6,000.

Among the insiders who bought shares, CALBERT MICHAEL M acquired of 2,500 shares on Jun 08 at a per-share price of $155.25. This resulted in the Director holding 116,682 shares of DG after the transaction. In another insider transaction, Owen Jeffery bought 1,500 shares at $157.86 per share on Jun 06. Company shares held by the Chief Executive Officer now total 55,720.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Dollar General Corp. pays an annual dividend of $2.24, resulting in a dividend yield of 1.63%, and it has a price to earnings (P/E) ratio of 15.79. DG’s most recent ex-dividend date was 1/8/2024 when it declared a $0.59 quarterly dividend that was paid in cash on 1/23/2024. Previously, the company paid the dividend on 10/24/2023 with an ex-dividend date of 10/6/2023. The DG stock dividend was $0.59 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for DG in the last 3 months, the mean price target is $137.62 with high estimates of $170.00 and low estimates of $80.00. In terms of 52-week highs and lows, DG has a high of $239.71 and a low of $101.09.

As of this writing, DG has an earnings estimate of $1.74 per share for the current quarter. EPS was calculated based on a consensus of 22 estimates, with a high estimate of $1.99 per share and a lower estimate of $1.55. The company reported an EPS of $2.13 in the last quarter, which was -13.40% lower than expectations of $2.46.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. DG’s latest balance sheet shows that the firm has $344.83M in Cash & Short Term Investments as of fiscal 2022. There were $14.25B in debt and $5.98B in liabilities at the time. Its Book Value Per Share was $29.39, while its Total Shareholder’s Equity was $6.26B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for DG is Buy with a score of 3.60.

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