Analysts Are Recommending Dollar General Corp. (DG) As A Buy Candidate

Dollar General Corp. (NYSE:DG) has a beta value of 0.44 and has seen 0.83 million shares traded in the recent trading session. The company, currently valued at $29.93B, closed the recent trade at $136.24 per share which meant it lost -$2.95 on the day or -2.12% during that session. The DG stock price is -62.58% off its 52-week high price of $221.50 and 25.8% above the 52-week low of $101.09. The 3-month trading volume is 2.29 million shares.

Dollar General Corp. (NYSE:DG) trade information

Sporting -2.12% in the red today, the stock has traded in the red over the last five days, when the DG stock price touched $136.24 or saw a rise of 5.68%. Year-to-date, Dollar General Corp. shares have moved 0.21%, while the 5-day performance has seen it change -4.83%. Over the past 30 days, the shares of Dollar General Corp. (NYSE:DG) have changed -12.04%.

Dollar General Corp. (DG) estimates and forecasts

Figures show that Dollar General Corp. shares have underperformed across the wider relevant industry. The company’s shares have gained 13.60% over the past 6 months, with this year growth rate of -3.58%, compared to 9.50% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are -32.90% and -8.50% for the next quarter. Revenue growth from the last financial year stood is estimated to be 6.00%.

19 analysts offering their estimates for the company have set an average revenue estimate of $9.89 billion for the current quarter. 19 have an estimated revenue figure of $10.41 billion for the next quarter concluding in Jul 2024.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 4.82% over the past 5 years. Earnings growth for 2024 is a modest -3.91% while over the next 5 years, the company’s earnings are expected to decrease by -0.55%.

DG Dividends

Dollar General Corp. is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 2.36 at a share yield of 1.73%. The company’s dividend yield has gone up over the past 12 months.