Dollar General Corporation (NYSE:DG) Receives $131.27 Consensus Price Target from Brokerages

Shares of Dollar General Corporation (NYSE:DG) have received an average recommendation of “Hold” from the twenty-nine ratings firms that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, eighteen have issued a hold recommendation and ten have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $131.2692.

DG has been the subject of several research reports. UBS Group reissued a “buy” rating on shares of Dollar General in a report on Wednesday, May 27th. Truist Financial increased their price objective on Dollar General from $109.00 to $114.00 and gave the company a “hold” rating in a report on Tuesday, June 2nd. Freedom Capital lowered Dollar General from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 2nd. Wolfe Research reissued an “outperform” rating and set a $165.00 price objective on shares of Dollar General in a report on Thursday, March 12th. Finally, Sanford C. Bernstein reissued an “outperform” rating and set a $149.00 price objective on shares of Dollar General in a report on Wednesday, June 3rd.

Hedge Funds Weigh In On Dollar General

Several institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in Dollar General by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 27,309,045 shares of the company’s stock valued at $3,625,822,000 after purchasing an additional 412,542 shares during the period. State Street Corp boosted its holdings in shares of Dollar General by 0.5% in the fourth quarter. State Street Corp now owns 11,017,002 shares of the company’s stock worth $1,462,727,000 after acquiring an additional 53,624 shares during the period. Morgan Stanley boosted its holdings in shares of Dollar General by 35.0% in the fourth quarter. Morgan Stanley now owns 6,270,333 shares of the company’s stock worth $832,513,000 after acquiring an additional 1,624,748 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Dollar General by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 5,707,809 shares of the company’s stock worth $754,857,000 after acquiring an additional 42,936 shares during the period. Finally, AQR Capital Management LLC boosted its holdings in shares of Dollar General by 47.9% in the fourth quarter. AQR Capital Management LLC now owns 3,734,500 shares of the company’s stock worth $495,830,000 after acquiring an additional 1,208,892 shares during the period. 91.77% of the stock is owned by institutional investors.

Dollar General News Summary

Here are the key news stories impacting Dollar General this week:

• Positive Sentiment: Multiple analysts raised longer-term earnings estimates for Dollar General, signaling improved profit expectations and supporting the stock’s outlook.
• Positive Sentiment: Wolfe Research reiterated an Outperform rating and a $165 price target, reflecting a constructive view on the shares.
• Positive Sentiment: Coverage emphasized Dollar General’s appeal as a defensive retailer as consumers trade down amid inflation and economic uncertainty. Article Title
• Neutral Sentiment: Technical commentary says the stock is trying to stage a short-term turnaround after finding support near the $100 level, but the broader technical picture is still weak. Article Title
• Neutral Sentiment: Dollar General announced officer appointments and a charitable donation to the American Red Cross, which are positive corporate updates but likely limited near-term stock impact. Article Title

Dollar General Stock Performance

DG stock opened at $114.90 on Wednesday. The firm has a market cap of $25.35 billion, a PE ratio of 16.25, a P/E/G ratio of 1.74 and a beta of 0.26. The company has a quick ratio of 0.25, a current ratio of 1.17 and a debt-to-equity ratio of 0.52. The business has a 50 day moving average of $113.17 and a 200-day moving average of $128.89. Dollar General has a 12-month low of $95.11 and a 12-month high of $158.23.

Dollar General (NYSE:DG) last released its earnings results on Tuesday, June 2nd. The company reported $2.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.89 by $0.11. The company had revenue of $10.79 billion during the quarter, compared to analyst estimates of $10.81 billion. Dollar General had a return on equity of 18.65% and a net margin of 3.63%.Dollar General’s quarterly revenue was up 3.4% on a year-over-year basis. During the same period in the prior year, the company posted $1.78 earnings per share. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. As a group, sell-side analysts expect that Dollar General will post 7.38 earnings per share for the current year.

Dollar General Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 21st. Shareholders of record on Tuesday, July 7th will be issued a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Tuesday, July 7th. Dollar General’s dividend payout ratio is 33.38%.

About Dollar General

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.