Dollar General (NYSE:DG) Upgraded at Gordon Haskett

Gordon Haskett upgraded shares of Dollar General (NYSE:DG) from a hold rating to a buy rating in a report issued on Tuesday, MarketBeat reports. The firm currently has $140.00 price target on the stock.

Other research analysts have also issued reports about the company. Weiss Ratings raised Dollar General from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, September 10th. Piper Sandler increased their target price on Dollar General from $118.00 to $123.00 and gave the company a “neutral” rating in a research note on Friday, August 28th. Citigroup raised their target price on Dollar General from $116.00 to $133.00 and gave the company a “neutral” rating in a report on Friday, August 28th. BMO Capital Markets boosted their price target 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. Finally, Telsey Advisory Group upped their price target on Dollar General from $125.00 to $140.00 and gave the stock a “market perform” rating in a report on Friday, August 28th. Twelve research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Dollar General has a consensus rating of “Hold” and an average target price of $137.96.

Dollar General Stock Up 1.8%

DG opened at $124.32 on Tuesday. The firm has a 50 day moving average price of $124.29 and a 200 day moving average price of $118.76. The company has a market cap of $27.43 billion, a PE ratio of 16.17, a price-to-earnings-growth ratio of 1.67 and a beta of 0.23. Dollar General has a 1 year low of $95.11 and a 1 year high of $158.23. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.31 and a current ratio of 1.21.

Dollar General (NYSE:DG) last announced its quarterly earnings results on Thursday, August 27th. The company reported $2.48 earnings per share for the quarter, beating analysts’ consensus estimates of $2.01 by $0.47. Dollar General had a net margin of 3.90% and a return on equity of 18.93%. The firm had revenue of $11.29 billion for the quarter, compared to analysts’ expectations of $11.20 billion. During the same period in the previous year, the company posted $1.86 earnings per share. Dollar General’s revenue was up 5.2% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. Sell-side analysts expect that Dollar General will post 7.69 earnings per share for the current year.

Dollar General Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 20th. Investors of record on Tuesday, October 6th will be paid a $0.59 dividend. The ex-dividend date is Tuesday, October 6th. This represents a $2.36 annualized dividend and a dividend yield of 1.9%. Dollar General’s payout ratio is 30.69%.

Institutional Investors Weigh In On Dollar General

A number of hedge funds have recently bought and sold shares of DG. Moody National Bank Trust Division increased its holdings in Dollar General by 4.9% during the 3rd quarter. Moody National Bank Trust Division now owns 3,397 shares of the company’s stock worth $406,000 after purchasing an additional 158 shares during the last quarter. CX Institutional boosted its stake in shares of Dollar General by 4.5% during the 3rd quarter. CX Institutional now owns 3,253 shares of the company’s stock valued at $389,000 after buying an additional 141 shares during the last quarter. Versant Capital Management Inc boosted its stake in shares of Dollar General by 82.1% during the 3rd quarter. Versant Capital Management Inc now owns 3,534 shares of the company’s stock valued at $423,000 after buying an additional 1,593 shares during the last quarter. QRG Capital Management Inc. grew its position in shares of Dollar General by 3.4% during the second quarter. QRG Capital Management Inc. now owns 8,137 shares of the company’s stock worth $937,000 after buying an additional 264 shares in the last quarter. Finally, Andra AP fonden increased its stake in shares of Dollar General by 124.3% in the second quarter. Andra AP fonden now owns 172,133 shares of the company’s stock worth $19,814,000 after buying an additional 95,400 shares during the last quarter. Institutional investors and hedge funds own 91.77% of the company’s stock.

Dollar General Company Profile

Dollar General Corporation (NYSE: DG) operates a chain of discount retail stores focused on providing everyday goods at affordable prices. Its merchandise includes consumable products such as food, beverages, cleaning supplies, paper products, and personal-care items, along with seasonal goods, home products, basic apparel, and select health and beauty products. Many stores also offer tobacco products, prepaid wireless services, and other convenience-oriented items.

The company primarily serves rural and suburban communities in the United States through a network of small-format stores located across most U.S.