Dollar General (NYSE:DG) Shares Down 8.1% – What’s Next?

Dollar General Corporation (NYSE:DG)’s share price fell 8.1% during trading on Monday . The stock traded as low as $104.39 and last traded at $104.1150. 4,013,275 shares traded hands during mid-day trading, an increase of 27% from the average session volume of 3,167,574 shares. The stock had previously closed at $113.29.

Wall Street Analyst Weigh In

Several brokerages have commented on DG. Barclays reaffirmed an “overweight” rating on shares of Dollar General in a research report on Thursday, March 12th. Truist Financial set a $139.00 price objective on Dollar General in a research report on Thursday, March 12th. Loop Capital upped their price objective on Dollar General from $120.00 to $145.00 and gave the company a “hold” rating in a research report on Friday, February 6th. Oppenheimer upped their price objective on Dollar General from $145.00 to $170.00 and gave the company an “outperform” rating in a research report on Tuesday, February 24th. Finally, Evercore cut their price objective on Dollar General from $145.00 to $144.00 in a research report on Tuesday, March 3rd. Thirteen equities research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $145.00.

Dollar General Stock Down 7.7%

The firm has a market capitalization of $23.03 billion, a PE ratio of 15.27, a PEG ratio of 1.83 and a beta of 0.28. The company has a fifty day simple moving average of $127.90 and a two-hundred day simple moving average of $128.18. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.22 and a current ratio of 1.13.

Dollar General (NYSE:DG) last issued its earnings results on Thursday, March 12th. The company reported $1.93 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.36. Dollar General had a return on equity of 18.66% and a net margin of 3.54%.The business had revenue of $10.91 billion during the quarter, compared to analysts’ expectations of $10.78 billion. During the same period in the prior year, the business earned $0.87 EPS. The business’s revenue for the quarter was up 5.9% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. Analysts forecast that Dollar General Corporation will post 7.29 EPS for the current fiscal year.

Dollar General Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 21st. Investors 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 2.3%. The ex-dividend date was Tuesday, April 7th. Dollar General’s dividend payout ratio is 34.45%.

Institutional Investors Weigh In On Dollar General

A number of hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in shares of Dollar General by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 27,309,045 shares of the company’s stock worth $3,625,822,000 after purchasing an additional 412,542 shares during the last quarter. State Street Corp lifted its stake in shares of Dollar General by 0.5% during the 4th quarter. State Street Corp now owns 11,017,002 shares of the company’s stock worth $1,462,727,000 after purchasing an additional 53,624 shares during the last quarter. Morgan Stanley lifted its stake in shares of Dollar General by 35.0% during the 4th quarter. Morgan Stanley now owns 6,270,333 shares of the company’s stock worth $832,513,000 after purchasing an additional 1,624,748 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Dollar General by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 5,707,809 shares of the company’s stock worth $754,857,000 after purchasing an additional 42,936 shares during the last quarter. Finally, AQR Capital Management LLC lifted its stake in shares of Dollar General by 47.9% during the 4th quarter. AQR Capital Management LLC now owns 3,734,500 shares of the company’s stock worth $495,830,000 after purchasing an additional 1,208,892 shares during the last quarter. 91.77% of the stock is currently owned by hedge funds and other institutional investors.

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.