Dollar General (NYSE:DG – Get Free Report) had its target price raised by Deutsche Bank Aktiengesellschaft from $110.00 to $114.00 in a research report issued on Thursday,MarketScreener reports. The firm currently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective suggests a potential upside of 8.44% from the stock’s current price.
Several other brokerages also recently issued reports on DG. Freedom Capital downgraded Dollar General from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Wall Street Zen downgraded shares of Dollar General from a “buy” rating to a “hold” rating in a report on Saturday, April 4th. Evercore reduced their target price on shares of Dollar General from $145.00 to $140.00 in a research note on Wednesday. Weiss Ratings reissued a “hold (c)” rating on shares of Dollar General in a research report on Friday, April 10th. Finally, Morgan Stanley reduced their price objective on shares of Dollar General from $150.00 to $132.00 and set an “equal weight” rating for the company in a research report on Wednesday. Ten analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $131.27.
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Dollar General Price Performance
Dollar General (NYSE:DG – Get Free Report) last posted its quarterly earnings results on Tuesday, June 2nd. The company reported $2.00 EPS for the quarter, topping analysts’ consensus estimates of $1.89 by $0.11. The business had revenue of $10.79 billion during the quarter, compared to analysts’ expectations of $10.81 billion. Dollar General had a net margin of 3.63% and a return on equity of 18.65%. The business’s quarterly revenue was up 3.4% on a year-over-year basis. During the same period last year, the company posted $1.78 earnings per share. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. On average, equities analysts anticipate that Dollar General will post 7.28 EPS for the current year.
Institutional Trading of Dollar General
Several large investors have recently modified their holdings of DG. Calamos Advisors LLC lifted its stake in shares of Dollar General by 32.9% in the 4th quarter. Calamos Advisors LLC now owns 245,473 shares of the company’s stock valued at $32,591,000 after purchasing an additional 60,746 shares during the period. Park Capital Management LLC WI purchased a new stake in Dollar General in the fourth quarter worth $1,245,000. Arista Wealth Management LLC bought a new position in Dollar General in the third quarter worth $351,000. Westpac Banking Corp raised its holdings in Dollar General by 765.2% in the third quarter. Westpac Banking Corp now owns 9,197 shares of the company’s stock worth $951,000 after purchasing an additional 8,134 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in Dollar General by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 5,707,809 shares of the company’s stock valued at $754,857,000 after buying an additional 42,936 shares during the period. 91.77% of the stock is owned by institutional investors.
Key Stories Impacting Dollar General
Here are the key news stories impacting Dollar General this week:
- Positive Sentiment: KeyCorp nudged up its future EPS estimates for Dollar General, reflecting expectations for steady earnings growth. Dollar General analyst estimate update
- Positive Sentiment: Dollar General’s Q1 results beat earnings expectations, and the company raised its full-year profit outlook after seeing stronger traffic, margin expansion, and improved inventory discipline. Dollar General beats Q1 estimates
- Positive Sentiment: Analysts including Jefferies and Guggenheim still maintained Buy ratings even after trimming price targets, suggesting some firms still see upside from current levels. Jefferies note
- Neutral Sentiment: Several firms lowered price targets but kept neutral/hold-type ratings, indicating a more cautious stance rather than a strongly bearish view. Citigroup note
- Negative Sentiment: Freedom Capital downgraded Dollar General from Strong Buy to Hold, which can pressure sentiment and signal reduced near-term conviction. Freedom Capital downgrade
- Negative Sentiment: The company also disclosed that customers are buying less food and cutting back because higher gas prices and SNAP-related pressure are hurting demand, especially in rural markets. Customer demand pressure article
Dollar General Company Profile
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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