Dollar General Corporation (NYSE:DG) Receives Consensus Rating of “Hold” from Brokerages

Dollar General Corporation (NYSE:DG) has been assigned an average recommendation of “Hold” from the twenty-nine ratings firms that are currently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, eighteen have given a hold rating and ten have given a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $130.4231.

A number of research analysts recently commented on the company. Guggenheim lowered their price target on Dollar General from $160.00 to $140.00 and set a “buy” rating on the stock in a report on Wednesday, June 3rd. Sanford C. Bernstein reiterated an “outperform” rating and set a $149.00 price objective on shares of Dollar General in a research report on Wednesday, June 3rd. BNP Paribas Exane lowered their target price on shares of Dollar General from $144.00 to $113.00 and set a “neutral” rating on the stock in a report on Wednesday, June 3rd. UBS Group restated a “buy” rating on shares of Dollar General in a research report on Wednesday, May 27th. Finally, Citigroup cut their target price on shares of Dollar General from $138.00 to $116.00 and set a “neutral” rating for the company in a research note on Wednesday, June 3rd.

Dollar General Price Performance

NYSE:DG opened at $123.11 on Monday. 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’s 50-day simple moving average is $120.34 and its two-hundred day simple moving average is $123.82. The stock has a market cap of $27.16 billion, a PE ratio of 17.41, a P/E/G ratio of 1.88 and a beta of 0.23. Dollar General has a 52 week low of $95.11 and a 52 week high of $158.23.

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

Dollar General Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Shareholders of record on Tuesday, July 7th were paid a $0.59 dividend. The ex-dividend date was Tuesday, July 7th. This represents a $2.36 annualized dividend and a yield of 1.9%. Dollar General’s payout ratio is presently 33.38%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in DG. Paralel Advisors LLC bought a new stake in shares of Dollar General in the second quarter worth about $2,239,000. HB Wealth Management LLC boosted its stake in Dollar General by 8.0% during the second quarter. HB Wealth Management LLC now owns 12,972 shares of the company’s stock valued at $1,493,000 after buying an additional 966 shares during the last quarter. Saudi Central Bank grew its holdings in Dollar General by 89.7% during the 2nd quarter. Saudi Central Bank now owns 15,416 shares of the company’s stock valued at $1,775,000 after buying an additional 7,291 shares in the last quarter. Compass Financial Management LLC purchased a new position in Dollar General during the 2nd quarter valued at approximately $95,000. Finally, AlphaGrep UK Ltd bought a new stake in Dollar General in the 2nd quarter worth approximately $283,000. Hedge funds and other institutional investors 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.