Dollar General (NYSE:DG) Stock Rating Raised to “Buy” at Gordon Haskett

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

A number of other equities analysts have also commented on the stock. Telsey Advisory Group lifted their price target on shares of Dollar General from $125.00 to $140.00 and gave the company a “market perform” rating in a research report on Friday, August 28th. HSBC raised shares of Dollar General from a “hold” rating to a “buy” rating and upped their price objective for the stock from $125.00 to $160.00 in a report on Thursday, September 24th. BNP Paribas Exane lifted their target price on shares of Dollar General from $113.00 to $129.00 and gave the stock a “neutral” rating in a report on Friday, August 28th. The Goldman Sachs Group boosted their target price on shares of Dollar General from $128.00 to $141.00 and gave the stock a “neutral” rating in a research report on Friday, August 28th. Finally, Piper Sandler upped their price target on shares of Dollar General from $118.00 to $123.00 and gave the company a “neutral” rating in a report on Friday, August 28th. Twelve investment analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $137.96.

Dollar General Stock Performance

DG opened at $123.14 on Tuesday. The company has a market cap of $27.17 billion, a PE ratio of 16.01, a price-to-earnings-growth ratio of 1.63 and a beta of 0.23. The stock has a 50-day moving average of $124.49 and a 200-day moving average of $118.77. Dollar General has a 52-week low of $95.11 and a 52-week 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 issued its quarterly earnings data 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 return on equity of 18.93% and a net margin of 3.90%.The business had revenue of $11.29 billion for the quarter, compared to the consensus estimate of $11.20 billion. During the same period last year, the business earned $1.86 EPS. The firm’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. As a group, equities research analysts forecast that Dollar General will post 7.69 earnings per share for the current fiscal year.

Dollar General Announces Dividend

The business also recently announced 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. This represents a $2.36 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Tuesday, October 6th. Dollar General’s dividend payout ratio (DPR) is presently 30.69%.

Institutional Investors Weigh In On Dollar General

A number of institutional investors have recently added to or reduced their stakes in the company. Arrowstreet Capital Limited Partnership lifted its position in shares of Dollar General by 6.2% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,868,239 shares of the company’s stock worth $340,546,000 after acquiring an additional 167,546 shares during the period. Dimensional Fund Advisors LP increased its position in shares of Dollar General by 2.8% during the first quarter. Dimensional Fund Advisors LP now owns 2,800,145 shares of the company’s stock valued at $332,443,000 after purchasing an additional 75,323 shares during the period. Royal Bank of Canada increased its position in shares of Dollar General by 0.8% during the first quarter. Royal Bank of Canada now owns 2,723,506 shares of the company’s stock valued at $323,362,000 after purchasing an additional 20,366 shares during the period. SG Americas Securities LLC raised its stake in shares of Dollar General by 2,208.2% in the first quarter. SG Americas Securities LLC now owns 1,554,918 shares of the company’s stock valued at $184,615,000 after purchasing an additional 1,487,554 shares in the last quarter. Finally, Bank of New York Mellon Corp bought a new position in Dollar General in the second quarter worth $162,412,000. 91.77% of the stock is owned by institutional investors and hedge funds.

Dollar General News Roundup

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

• Positive Sentiment: Gordon Haskett upgraded DG to “Buy” from “Hold” and assigned a $140 price target, implying potential upside from the stock’s recent trading level. Dollar General Stock Rating Raised to Buy at Gordon Haskett
• Positive Sentiment: Zacks added Dollar General to its Rank #1 (Strong Buy) lists, including its income-stock screen. The designation reflects favorable earnings-estimate trends and supports the view that the stock may outperform. New Strong Buy Stocks for October 5th
• Positive Sentiment: A Zacks technical analysis identified a hammer chart pattern, suggesting support after the recent pullback. Combined with upward earnings-estimate revisions, the pattern points to a possible near-term trend reversal. Bears Are Losing Control Over Dollar General
• Positive Sentiment: Analysts continue to point to Dollar General’s store remodels, delivery initiatives and merchandising improvements as potential growth drivers, distinguishing its strategy from warehouse-club peers such as Costco. Costco vs. Dollar General
• Neutral Sentiment: Dollar General was also featured in a dividend analysis and broader income-stock coverage, which may attract yield-focused investors, although the available reports did not provide a new dividend announcement or policy change. Dollar General Corp’s Dividend Analysis

About Dollar General

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.