Dollar General (NYSE:DG) Share Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

Dollar General Corporation (NYSE:DG) shares passed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $126.27 and traded as low as $125.15. Dollar General shares last traded at $126.1010, with a volume of 2,454,893 shares changing hands.

Wall Street Analysts Forecast Growth

DG has been the topic of a number of recent analyst reports. Raymond James Financial restated an “outperform” rating and set a $150.00 price target on shares of Dollar General in a research report on Friday, August 28th. Weiss Ratings upgraded shares of Dollar General from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, September 10th. Gordon Haskett upgraded shares of Dollar General from a “hold” rating to a “buy” rating and set a $140.00 price objective on the stock in a research note on Tuesday, October 6th. Piper Sandler boosted their target price on Dollar General from $118.00 to $123.00 and gave the stock a “neutral” rating in a report on Friday, August 28th. Finally, BMO Capital Markets upped their target price on Dollar General from $120.00 to $135.00 and gave the stock a “market perform” rating in a research report on Friday, August 28th. Twelve analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Dollar General currently has a consensus rating of “Hold” and an average price target of $137.96.

Dollar General Trading Up 1.5%

The company has a quick ratio of 0.31, a current ratio of 1.21 and a debt-to-equity ratio of 0.49. The firm has a market cap of $29.13 billion, a price-to-earnings ratio of 17.49, a PEG ratio of 1.73 and a beta of 0.23. The company has a 50-day moving average price of $126.34 and a 200 day moving average price of $126.12.

Dollar General (NYSE:DG) last posted its quarterly earnings results on Thursday, August 27th. The company reported $2.48 EPS for the quarter, topping the consensus estimate of $2.01 by $0.47. The business had revenue of $11.29 billion during the quarter, compared to analysts’ expectations of $11.20 billion. Dollar General had a net margin of 3.90% and a return on equity of 18.93%. The firm’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same period last year, the company posted $1.86 earnings per share. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. As a group, research analysts anticipate that Dollar General Corporation will post 7.70 earnings per share for the current fiscal year.

Dollar General Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 20th. Stockholders of record on Tuesday, October 6th were given a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend was Tuesday, October 6th. Dollar General’s dividend payout ratio (DPR) is 30.69%.

Hedge Funds Weigh In On Dollar General

Large investors have recently made changes to their positions in the company. Rakuten Investment Management Inc. increased its position in shares of Dollar General by 9.9% in the third quarter. Rakuten Investment Management Inc. now owns 39,592 shares of the company’s stock valued at $4,856,000 after buying an additional 3,571 shares in the last quarter. AIA Group Ltd purchased a new position in Dollar General during the 3rd quarter valued at about $673,000. Provenance Wealth Advisors LLC purchased a new position in Dollar General during the 3rd quarter valued at about $25,000. Associated Banc Corp acquired a new position in Dollar General during the third quarter worth about $482,000. Finally, One Way Holdings LLC acquired a new position in Dollar General during the third quarter worth about $11,401,000. Institutional investors own 91.77% of the company’s stock.

About Dollar General

Dollar General Corporation (NYSE: DG) is a discount retailer that operates stores offering everyday essentials at value-oriented prices. Its merchandise typically includes consumable products such as food, beverages, cleaning supplies, paper products, and personal-care items, along with seasonal goods, basic apparel, home products, and select health and beauty items.

The company primarily serves communities across the United States through a large network of neighborhood-focused stores, including locations in rural and suburban markets.