Gordon Haskett Cuts Dollar General (NYSE:DG) Price Target to $140.00

Dollar General (NYSE:DG) had its price objective decreased by Gordon Haskett from $160.00 to $140.00 in a research note issued to investors on Wednesday morning,MarketScreener reports.

A number of other research analysts have also recently weighed in on the company. Guggenheim reduced their target price on Dollar General from $165.00 to $160.00 and set a “buy” rating on the stock in a report on Friday, March 13th. Barclays restated an “overweight” rating on shares of Dollar General in a research note on Thursday, March 12th. Evercore reduced their price objective on Dollar General from $145.00 to $144.00 in a research note on Tuesday, March 3rd. Deutsche Bank Aktiengesellschaft upgraded Dollar General from a “hold” rating to a “buy” rating and set a $170.00 target price for the company in a report on Thursday, January 8th. Finally, BMO Capital Markets increased their target price on shares of Dollar General from $130.00 to $145.00 and gave the stock a “market perform” rating in a research report on Friday, February 13th. Thirteen investment analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Dollar General currently has a consensus rating of “Hold” and an average target price of $145.00.

Dollar General Stock Performance

Shares of DG stock opened at $113.23 on Wednesday. Dollar General has a one year low of $86.25 and a one year high of $158.23. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.22 and a current ratio of 1.13. The company has a 50 day moving average price of $127.90 and a 200 day moving average price of $128.18. The firm has a market capitalization of $24.94 billion, a price-to-earnings ratio of 16.53, a price-to-earnings-growth ratio of 1.88 and a beta of 0.28.

Dollar General (NYSE:DG) last announced its quarterly earnings results on Thursday, March 12th. The company reported $1.93 earnings per share for the quarter, beating analysts’ consensus estimates of $1.57 by $0.36. Dollar General had a net margin of 3.54% and a return on equity of 18.66%. The company had revenue of $10.91 billion for the quarter, compared to analyst estimates of $10.78 billion. During the same quarter last year, the business earned $0.87 EPS. Dollar General’s revenue for the quarter was up 5.9% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. Sell-side analysts anticipate that Dollar General will post 7.29 EPS for the current year.

Dollar General Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 21st. Shareholders of record on Tuesday, April 7th were paid a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date was Tuesday, April 7th. Dollar General’s payout ratio is currently 34.45%.

Institutional Investors Weigh In On Dollar General

Large investors have recently modified their holdings of the stock. Life Cycle Investment Partners Ltd purchased a new stake in shares of Dollar General during the 4th quarter valued at about $363,299,000. AQR Capital Management LLC boosted its holdings in Dollar General by 416.4% in the 3rd quarter. AQR Capital Management LLC now owns 2,525,608 shares of the company’s stock worth $259,759,000 after acquiring an additional 2,036,573 shares during the period. Bessemer Group Inc. grew its position in Dollar General by 24,882.5% in the fourth quarter. Bessemer Group Inc. now owns 1,694,315 shares of the company’s stock valued at $224,953,000 after acquiring an additional 1,687,533 shares in the last quarter. Morgan Stanley grew its position in Dollar General by 35.0% in the fourth quarter. Morgan Stanley now owns 6,270,333 shares of the company’s stock valued at $832,513,000 after acquiring an additional 1,624,748 shares in the last quarter. Finally, SG Americas Securities LLC raised its stake in shares of Dollar General by 2,208.2% during the first quarter. SG Americas Securities LLC now owns 1,554,918 shares of the company’s stock valued at $184,615,000 after purchasing an additional 1,487,554 shares during the period. Institutional investors and hedge funds own 91.77% of the company’s stock.

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.