Evercore Has Lowered Expectations for Dollar General (NYSE:DG) Stock Price

Dollar General (NYSE:DG) had its price objective reduced by analysts at Evercore from $145.00 to $140.00 in a research note issued to investors on Wednesday,MarketScreener reports. Evercore’s target price points to a potential upside of 33.22% from the stock’s previous close.

Several other brokerages have also recently commented on DG. Raymond James Financial reissued an “outperform” rating and set a $145.00 price target on shares of Dollar General in a research report on Wednesday. Piper Sandler set a $118.00 target price on Dollar General in a research report on Wednesday. Barclays reiterated an “overweight” rating and set a $148.00 target price on shares of Dollar General in a report on Wednesday. Guggenheim decreased their price target on Dollar General from $160.00 to $140.00 and set a “buy” rating for the company in a research note on Wednesday. Finally, Truist Financial set a $114.00 price target on Dollar General in a research report on Tuesday. Twelve research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $134.19.

Dollar General Stock Down 1.1%

NYSE:DG traded down $1.18 during trading hours on Wednesday, reaching $105.09. 445,276 shares of the stock were exchanged, compared to its average volume of 3,392,103. The stock has a market cap of $23.14 billion, a PE ratio of 15.34, a PEG ratio of 1.79 and a beta of 0.26. Dollar General has a twelve month low of $95.11 and a twelve month high of $158.23. The firm has a 50 day moving average of $115.21 and a 200 day moving average of $128.71. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.13 and a quick ratio of 0.22.

Dollar General (NYSE:DG) last announced its quarterly earnings data on Tuesday, June 2nd. The company reported $2.00 EPS for the quarter, topping analysts’ consensus estimates of $1.89 by $0.11. Dollar General had a net margin of 3.54% and a return on equity of 18.66%. The business had revenue of $10.79 billion for the quarter, compared to analyst estimates of $10.81 billion. During the same quarter in the previous year, the firm posted $1.78 earnings per share. The firm’s revenue for the quarter was up 3.4% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. On average, equities analysts expect that Dollar General will post 7.25 earnings per share for the current year.

Hedge Funds Weigh In On Dollar General

Several institutional investors and hedge funds have recently made changes to their positions in the company. Life Cycle Investment Partners Ltd bought a new position in Dollar General during the 4th quarter worth $363,299,000. AQR Capital Management LLC grew its stake in shares of Dollar General by 416.4% in the third quarter. AQR Capital Management LLC now owns 2,525,608 shares of the company’s stock valued at $259,759,000 after acquiring an additional 2,036,573 shares in the last quarter. Bessemer Group Inc. increased its position in Dollar General by 24,882.5% during the fourth quarter. Bessemer Group Inc. now owns 1,694,315 shares of the company’s stock worth $224,953,000 after acquiring an additional 1,687,533 shares during the period. Morgan Stanley increased its position in Dollar General by 35.0% during the fourth quarter. Morgan Stanley now owns 6,270,333 shares of the company’s stock worth $832,513,000 after acquiring an additional 1,624,748 shares during the period. Finally, SG Americas Securities LLC raised its stake in Dollar General by 2,208.2% in the 1st quarter. SG Americas Securities LLC now owns 1,554,918 shares of the company’s stock worth $184,615,000 after purchasing an additional 1,487,554 shares in the last quarter. Institutional investors and hedge funds own 91.77% of the company’s stock.

Dollar General News Roundup

Here are the key news stories impacting Dollar General this week:

• Positive Sentiment: Dollar General beat Q1 EPS expectations with $2.00 per share versus $1.89 expected, while same-store sales rose 2.0% and operating margin improved, signaling healthier execution. Dollar General Corporation Reports First Quarter 2026 Results
• Positive Sentiment: The company raised its fiscal 2026 earnings outlook to $7.20-$7.45 per share, reinforcing confidence that margin gains and cost control can continue. Dollar General raises annual profit forecast on resilient demand for discount goods
• Positive Sentiment: Analyst commentary stayed constructive overall, with UBS’s Michael Lasser reiterating a Buy rating on operational upgrades, margin expansion and raised guidance. UBS analyst reiterates Buy on Dollar General
• Neutral Sentiment: Loop Capital raised its price target to $115 from $110, but kept a Hold rating, suggesting limited upside despite the improved results. Loop Capital price target update
• Neutral Sentiment: Telsey Advisory Group lowered its price target to $125 from $140 and maintained a Market Perform rating, reflecting caution after the rally in expectations.
• Negative Sentiment: Management also flagged ongoing pressure from higher gas prices and reduced SNAP benefits, which are making some customers buy less food and household goods, especially in rural areas. Customer spending pressure article

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.