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

Dollar General Corporation (NYSE:DG) traded down 8.1% 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.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Guggenheim lowered their price target on Dollar General from $165.00 to $160.00 and set a “buy” rating for the company in a report on Friday, March 13th. BNP Paribas Exane reissued a “neutral” rating and issued a $127.00 price target on shares of Dollar General in a report on Thursday, March 12th. Evercore lowered their price target on Dollar General from $145.00 to $144.00 in a report on Tuesday, March 3rd. Barclays reissued an “overweight” rating on shares of Dollar General in a report on Thursday, March 12th. Finally, Telsey Advisory Group reissued a “market perform” rating and issued a $140.00 price target on shares of Dollar General in a report on Tuesday, March 24th. Thirteen analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $145.00.

Dollar General Stock Down 7.7%

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

Dollar General (NYSE:DG) last announced its quarterly earnings data 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. The business had revenue of $10.91 billion for the quarter, compared to analyst estimates of $10.78 billion. Dollar General had a return on equity of 18.66% and a net margin of 3.54%.The company’s revenue was up 5.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.87 earnings per share. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. On average, equities analysts expect that Dollar General Corporation will post 7.29 earnings per share for the current year.

Dollar General Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 21st. Shareholders of record on Tuesday, April 7th were issued a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was Tuesday, April 7th. Dollar General’s dividend payout ratio is presently 34.45%.

Institutional Investors Weigh In On Dollar General

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

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.