Brokerages Set Dollar General Corporation (NYSE:DG) Target Price at $131.27

Dollar General Corporation (NYSE:DG) has received a consensus recommendation of “Hold” from the twenty-nine research firms that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, eighteen have assigned a hold recommendation and ten have assigned a buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $131.2692.

A number of research analysts have commented on the stock. Truist Financial raised their target price on shares of Dollar General from $109.00 to $114.00 and gave the company a “hold” rating in a research report on Tuesday, June 2nd. BNP Paribas Exane dropped their price objective on shares of Dollar General from $144.00 to $113.00 and set a “neutral” rating on the stock in a research note on Wednesday, June 3rd. The Goldman Sachs Group cut their price objective on shares of Dollar General from $130.00 to $128.00 and set a “neutral” rating on the stock in a report on Wednesday, June 3rd. Guggenheim lowered their target price on Dollar General from $160.00 to $140.00 and set a “buy” rating for the company in a report on Wednesday, June 3rd. Finally, Citigroup dropped their target price on Dollar General from $138.00 to $116.00 and set a “neutral” rating on the stock in a research report on Wednesday, June 3rd.

Dollar General Price Performance

Shares of DG stock opened at $115.28 on Friday. Dollar General has a twelve month low of $95.11 and a twelve month high of $158.23. The stock has a market capitalization of $25.43 billion, a price-to-earnings ratio of 16.31, a P/E/G ratio of 1.77 and a beta of 0.25. The stock has a fifty day simple moving average of $111.04 and a two-hundred day simple moving average of $128.38. The company has a current ratio of 1.17, a quick ratio of 0.25 and a debt-to-equity ratio of 0.52.

Dollar General (NYSE:DG) last announced its quarterly earnings results on Tuesday, June 2nd. The company reported $2.00 EPS for the quarter, beating the consensus estimate of $1.89 by $0.11. The firm had revenue of $10.79 billion for 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%.The business’s revenue for the quarter was up 3.4% on a year-over-year basis. During the same quarter last year, the firm posted $1.78 earnings per share. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. On average, analysts predict that Dollar General will post 7.38 EPS for the current fiscal year.

Dollar General Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 21st. Investors of record on Tuesday, July 7th will be given a dividend of $0.59 per share. The ex-dividend date of this dividend is Tuesday, July 7th. This represents a $2.36 dividend on an annualized basis and a yield of 2.0%. Dollar General’s dividend payout ratio (DPR) is presently 33.38%.

Hedge Funds Weigh In On Dollar General

A number of large investors have recently added to or reduced their stakes in the company. Parkside Financial Bank & Trust grew its position in shares of Dollar General by 9.3% in the 4th quarter. Parkside Financial Bank & Trust now owns 808 shares of the company’s stock worth $107,000 after buying an additional 69 shares during the last quarter. BOKF NA lifted its position in Dollar General by 15.2% during the fourth quarter. BOKF NA now owns 554 shares of the company’s stock valued at $74,000 after acquiring an additional 73 shares during the last quarter. Strata Wealth Advisors LLC lifted its position in Dollar General by 3.3% during the fourth quarter. Strata Wealth Advisors LLC now owns 2,367 shares of the company’s stock valued at $314,000 after acquiring an additional 75 shares during the last quarter. Optimize Financial Inc boosted its stake in Dollar General by 1.4% in the fourth quarter. Optimize Financial Inc now owns 5,550 shares of the company’s stock valued at $737,000 after acquiring an additional 76 shares in the last quarter. Finally, Tevis Investment Management grew its holdings in Dollar General by 0.5% in the third quarter. Tevis Investment Management now owns 16,655 shares of the company’s stock worth $1,721,000 after purchasing an additional 77 shares during the last quarter. 91.77% of the stock is currently owned by 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.