Dollar General Corporation (NYSE:DG) Given Consensus Recommendation of “Hold” by Analysts

Shares of Dollar General Corporation (NYSE:DG) have been given an average rating of “Hold” by the twenty-nine ratings firms that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, eighteen have issued a hold rating and ten have issued a buy rating on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $131.2692.

Several research firms have recently commented on DG. Barclays lowered their price target on shares of Dollar General from $151.00 to $148.00 and set an “overweight” rating on the stock in a report on Wednesday, June 3rd. Piper Sandler cut their price objective on Dollar General from $133.00 to $118.00 and set a “neutral” rating for the company in a report on Wednesday, June 3rd. Guggenheim reduced their price objective on Dollar General from $160.00 to $140.00 and set a “buy” rating for the company in a research report on Wednesday, June 3rd. Oppenheimer lowered their target price on Dollar General from $170.00 to $150.00 and set an “outperform” rating on the stock in a research note on Friday, May 29th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Dollar General in a research report on Wednesday, July 8th.

Hedge Funds Weigh In On Dollar General

A number of hedge funds have recently added to or reduced their stakes in DG. Vanguard Group Inc. lifted its stake in Dollar General by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 27,309,045 shares of the company’s stock valued at $3,625,822,000 after acquiring an additional 412,542 shares during the last quarter. State Street Corp grew its position in Dollar General by 0.5% in the fourth quarter. State Street Corp now owns 11,017,002 shares of the company’s stock worth $1,462,727,000 after acquiring an additional 53,624 shares in the last quarter. Morgan Stanley increased its stake in shares of Dollar General by 35.0% during the 4th quarter. Morgan Stanley now owns 6,270,333 shares of the company’s stock worth $832,513,000 after purchasing an additional 1,624,748 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Dollar General by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 5,707,809 shares of the company’s stock worth $754,857,000 after purchasing an additional 42,936 shares during the last quarter. Finally, AQR Capital Management LLC raised its holdings in shares of Dollar General by 47.9% during the 4th quarter. AQR Capital Management LLC now owns 3,734,500 shares of the company’s stock valued at $495,830,000 after purchasing an additional 1,208,892 shares in the last quarter. Institutional investors and hedge funds own 91.77% of the company’s stock.

Dollar General Stock Performance

DG stock opened at $128.63 on Thursday. The firm has a 50 day simple moving average of $114.82 and a 200 day simple moving average of $126.59. Dollar General has a 52 week low of $95.11 and a 52 week high of $158.23. The stock has a market cap of $28.37 billion, a P/E ratio of 18.19, a P/E/G ratio of 1.92 and a beta of 0.25. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.25 and a current ratio of 1.17.

Dollar General (NYSE:DG) last released its quarterly earnings data on Tuesday, June 2nd. The company reported $2.00 earnings per share for the quarter, beating the consensus estimate of $1.89 by $0.11. Dollar General had a net margin of 3.63% and a return on equity of 18.65%. The firm had revenue of $10.79 billion for the quarter, compared to analyst estimates of $10.81 billion. During the same quarter in the prior year, the business earned $1.78 EPS. The company’s revenue for the quarter was up 3.4% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. Research analysts anticipate that Dollar General will post 7.38 earnings per share for the current fiscal year.

Dollar General Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Tuesday, July 7th were paid a $0.59 dividend. The ex-dividend date of this dividend was Tuesday, July 7th. This represents a $2.36 annualized dividend and a dividend yield of 1.8%. Dollar General’s payout ratio is presently 33.38%.

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.