Dollar General Corporation (NYSE:DG) Stock Has Consensus Target Price of $137.96 According to Brokerages

Dollar General Corporation (NYSE:DG) has received a consensus recommendation of “Hold” from the twenty-nine analysts that are currently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, sixteen have issued a hold recommendation and twelve have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $137.96.

Several research analysts have issued reports on the company. Raymond James Financial restated an “outperform” rating and set a $150.00 target price on shares of Dollar General in a research report on Friday, August 28th. Piper Sandler increased their price target on Dollar General from $118.00 to $123.00 and gave the stock a “neutral” rating in a report on Friday, August 28th. BMO Capital Markets raised their price target on Dollar General from $120.00 to $135.00 and gave the stock a “market perform” rating in a research note on Friday, August 28th. Guggenheim restated a “buy” rating and set a $140.00 price objective on shares of Dollar General in a report on Monday, August 31st. Finally, BNP Paribas Exane upped their price objective on Dollar General from $113.00 to $129.00 and gave the company a “neutral” rating in a research report on Friday, August 28th.

Dollar General Price Performance

DG stock opened at $134.29 on Tuesday. Dollar General has a 12 month low of $95.11 and a 12 month high of $158.23. 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 company has a 50-day moving average price of $124.55 and a 200 day moving average price of $119.18. The stock has a market cap of $29.63 billion, a PE ratio of 17.46, a P/E/G ratio of 1.83 and a beta of 0.23.

Dollar General (NYSE:DG) last issued its quarterly earnings results on Thursday, August 27th. The company reported $2.48 EPS for the quarter, beating the consensus estimate of $2.01 by $0.47. Dollar General had a net margin of 3.90% and a return on equity of 18.93%. The company had revenue of $11.29 billion for the quarter, compared to the consensus estimate of $11.20 billion. During the same period in the prior year, the firm posted $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. Equities research analysts anticipate that Dollar General will post 7.69 earnings per share for the current year.

Dollar General Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 20th. Stockholders of record on Tuesday, October 6th will be given a dividend of $0.59 per share. The ex-dividend date of this dividend is Tuesday, October 6th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.8%. Dollar General’s dividend payout ratio (DPR) is 30.69%.

Institutional Trading of Dollar General

Institutional investors and hedge funds have recently modified their holdings of the stock. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Dollar General in the second quarter worth approximately $50,887,000. Royal London Asset Management Ltd. boosted its position in Dollar General by 30.7% during the 2nd quarter. Royal London Asset Management Ltd. now owns 638,681 shares of the company’s stock valued at $73,519,000 after acquiring an additional 149,869 shares in the last quarter. KBC Group NV boosted its position in Dollar General by 63.8% during the 1st quarter. KBC Group NV now owns 60,896 shares of the company’s stock valued at $7,230,000 after acquiring an additional 23,710 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in Dollar General during the 2nd quarter valued at $162,412,000. Finally, Tidal Investments LLC increased its holdings in shares of Dollar General by 31.0% in the 2nd quarter. Tidal Investments LLC now owns 80,326 shares of the company’s stock valued at $9,246,000 after acquiring an additional 19,024 shares during the period. Institutional investors own 91.77% of the company’s stock.

Dollar General Company Profile

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.