Dollar General Corporation (NYSE:DG) Stock Has Average Target Price of $137.96

Shares of Dollar General Corporation (NYSE:DG) have been given a consensus recommendation of “Hold” by the twenty-nine analysts that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, sixteen have issued a hold rating and twelve have issued a buy rating on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $137.96.

A number of research analysts recently issued reports on the company. Gordon Haskett upgraded Dollar General from a “hold” rating to a “buy” rating and set a $140.00 price objective for the company in a report on Tuesday, October 6th. Telsey Advisory Group raised their target price on shares of Dollar General from $125.00 to $140.00 and gave the company a “market perform” rating in a research note on Friday, August 28th. Piper Sandler lifted their price objective on shares of Dollar General from $118.00 to $123.00 and gave the stock a “neutral” rating in a research report on Friday, August 28th. Citigroup lifted their price target on Dollar General from $116.00 to $133.00 and gave the stock a “neutral” rating in a report on Friday, August 28th. Finally, Wolfe Research reiterated an “outperform” rating and issued a $143.00 price target on shares of Dollar General in a research report on Thursday, August 13th.

Institutional Investors Weigh In On Dollar General

Several hedge funds and other institutional investors have recently made changes to their positions in DG. SG Americas Securities LLC lifted its stake in shares of 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 valued at $184,615,000 after purchasing an additional 1,487,554 shares during the period. Bank of New York Mellon Corp acquired a new position in shares of Dollar General during the second quarter valued at about $162,412,000. Flossbach Von Storch SE acquired a new position in Dollar General during the 2nd quarter valued at about $81,178,000. Captrust Financial Advisors grew its holdings in Dollar General by 2,876.6% during the fourth quarter. Captrust Financial Advisors now owns 673,730 shares of the company’s stock worth $89,451,000 after buying an additional 651,096 shares in the last quarter. Finally, Employees Provident Fund Board bought a new stake in shares of Dollar General in the 4th quarter worth $77,783,000. 91.77% of the stock is owned by institutional investors.

Dollar General Stock Down 0.9%

NYSE:DG opened at $133.21 on Tuesday. The company has a current ratio of 1.21, a quick ratio of 0.31 and a debt-to-equity ratio of 0.49. The stock has a 50-day moving average price of $124.76 and a two-hundred day moving average price of $119.29. Dollar General has a 1 year low of $95.11 and a 1 year high of $158.23. The stock has a market cap of $29.39 billion, a price-to-earnings ratio of 18.06, a PEG ratio of 1.83 and a beta of 0.23.

Dollar General (NYSE:DG) last posted its earnings results on Thursday, August 27th. The company reported $2.48 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to analysts’ expectations of $11.20 billion. During the same period in the prior year, the business earned $1.86 EPS. Dollar General’s revenue for the quarter 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 analysts expect that Dollar General will post 7.69 earnings per share for the current year.

Dollar General Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 20th. Shareholders of record on Tuesday, October 6th will be paid a dividend of $0.59 per share. The ex-dividend date is Tuesday, October 6th. This represents a $2.36 annualized dividend and a yield of 1.8%. Dollar General’s dividend payout ratio is presently 30.69%.

Dollar General Company Profile

Dollar General Corporation (NYSE: DG) is a discount retailer that operates stores offering everyday essentials at value-oriented prices. Its merchandise typically includes consumable products such as food, beverages, cleaning supplies, paper products, and personal-care items, along with seasonal goods, basic apparel, home products, and select health and beauty items.

The company primarily serves communities across the United States through a large network of neighborhood-focused stores, including locations in rural and suburban markets.