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

Dollar General Corporation (NYSE:DG) has received an average recommendation of “Hold” from the twenty-nine research firms that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, sixteen have given a hold rating and twelve have given a buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $137.96.

Several equities analysts have recently weighed in on DG shares. Gordon Haskett upgraded shares of Dollar General from a “hold” rating to a “buy” rating and set a $140.00 target price for the company in a research note on Tuesday, October 6th. Wolfe Research reiterated an “outperform” rating and set a $143.00 price target on shares of Dollar General in a research report on Thursday, August 13th. Guggenheim reissued a “buy” rating and issued a $140.00 price target on shares of Dollar General in a report on Monday, August 31st. BNP Paribas Exane raised their price objective on Dollar General from $113.00 to $129.00 and gave the company a “neutral” rating in a report on Friday, August 28th. Finally, Oppenheimer restated an “outperform” rating and set a $150.00 target price on shares of Dollar General in a report on Tuesday, August 25th.

Institutional Investors Weigh In On Dollar General

Hedge funds have recently made changes to their positions in the company. Intech Investment Management LLC increased its stake in shares of Dollar General by 28.7% during the third quarter. Intech Investment Management LLC now owns 48,078 shares of the company’s stock valued at $5,749,000 after purchasing an additional 10,726 shares in the last quarter. Carlson Capital L.P. purchased a new position in shares of Dollar General in the third quarter worth $1,844,000. Bessemer Group Inc. raised its position in Dollar General by 6.5% in the 3rd quarter. Bessemer Group Inc. now owns 8,188 shares of the company’s stock worth $979,000 after buying an additional 499 shares during the last quarter. Hantz Financial Services Inc. boosted its holdings in shares of Dollar General by 38.8% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,921 shares of the company’s stock valued at $230,000 after acquiring an additional 537 shares during the last quarter. Finally, Harbour Investments Inc. boosted its holdings in shares of Dollar General by 81.4% during the 3rd quarter. Harbour Investments Inc. now owns 2,008 shares of the company’s stock valued at $240,000 after acquiring an additional 901 shares during the last quarter. 91.77% of the stock is currently owned by institutional investors.

Dollar General Trading Up 2.2%

DG opened at $136.72 on Friday. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.21 and a quick ratio of 0.31. The company’s 50-day moving average is $127.83 and its 200 day moving average is $125.72. Dollar General has a fifty-two week low of $97.32 and a fifty-two week high of $158.23. The firm has a market capitalization of $30.16 billion, a PE ratio of 17.78, a P/E/G ratio of 1.89 and a beta of 0.19.

Dollar General (NYSE:DG) last posted its quarterly earnings data 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 net margin of 3.90% and a return on equity of 18.93%. The firm had revenue of $11.29 billion for the quarter, compared to the consensus estimate of $11.20 billion. During the same period in the previous year, the firm earned $1.86 EPS. The business’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, research analysts predict that Dollar General will post 7.70 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 20th. Shareholders of record on Tuesday, October 6th were issued a $0.59 dividend. The ex-dividend date was Tuesday, October 6th. This represents a $2.36 annualized dividend and a yield of 1.7%. Dollar General’s dividend payout ratio is 30.69%.

About Dollar General

Dollar General Corporation is an American discount retailer that operates neighborhood stores offering everyday essentials at value-oriented prices. Its merchandise includes food and household supplies, cleaning products, health and beauty items, seasonal goods, apparel, and home products, with a mix of national brands and private-label products.

The company traces its roots to J.L. Turner & Son, a family-owned business established in 1939. The first store operating under the Dollar General name opened in Springfield, Kentucky, in 1955.