Dollar General (NYSE:DG) Price Target Cut to $140.00 by Analysts at Gordon Haskett

Dollar General (NYSE:DG) had its target price lowered by Gordon Haskett from $160.00 to $140.00 in a report published on Wednesday morning,MarketScreener reports.

Several other brokerages also recently weighed in on DG. Wall Street Zen downgraded Dollar General from a “buy” rating to a “hold” rating in a report on Saturday, April 4th. Telsey Advisory Group reissued a “market perform” rating and issued a $140.00 target price on shares of Dollar General in a report on Tuesday, March 24th. Weiss Ratings reissued a “hold (c)” rating on shares of Dollar General in a report on Friday, April 10th. Barclays reissued an “overweight” rating on shares of Dollar General in a report on Thursday, March 12th. Finally, Guggenheim reduced their target price on Dollar General from $165.00 to $160.00 and set a “buy” rating for the company in a report on Friday, March 13th. Thirteen investment analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $145.00.

Dollar General Price Performance

Shares of NYSE DG opened at $116.59 on Wednesday. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.13 and a quick ratio of 0.22. The stock has a fifty day moving average price of $128.64 and a 200 day moving average price of $128.10. Dollar General has a 1-year low of $86.25 and a 1-year high of $158.23. The company has a market cap of $25.68 billion, a PE ratio of 17.02, a P/E/G ratio of 1.89 and a beta of 0.28.

Dollar General (NYSE:DG) last issued its quarterly earnings results on Thursday, March 12th. The company reported $1.93 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.36. Dollar General had a return on equity of 18.66% and a net margin of 3.54%.The firm had revenue of $10.91 billion during the quarter, compared to the consensus estimate of $10.78 billion. During the same period last year, the company earned $0.87 earnings per share. The company’s revenue for the quarter was up 5.9% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. Sell-side analysts forecast that Dollar General will post 7.29 EPS for the current year.

Dollar General Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 21st. Shareholders of record on Tuesday, April 7th were issued a $0.59 dividend. The ex-dividend date of this dividend was Tuesday, April 7th. This represents a $2.36 dividend on an annualized basis and a yield of 2.0%. Dollar General’s dividend payout ratio (DPR) is 34.45%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in DG. Calamos Advisors LLC lifted its stake in shares of Dollar General by 32.9% in the 4th quarter. Calamos Advisors LLC now owns 245,473 shares of the company’s stock valued at $32,591,000 after purchasing an additional 60,746 shares in the last quarter. Bryn Mawr Trust Advisors LLC acquired a new position in shares of Dollar General in the 3rd quarter valued at about $8,803,000. Arista Wealth Management LLC acquired a new position in shares of Dollar General in the 3rd quarter valued at about $351,000. Park Capital Management LLC WI acquired a new position in shares of Dollar General in the 4th quarter valued at about $1,245,000. Finally, Allianz Asset Management GmbH lifted its stake in shares of Dollar General by 16.3% in the 3rd quarter. Allianz Asset Management GmbH now owns 805,645 shares of the company’s stock valued at $83,263,000 after purchasing an additional 112,862 shares in the last quarter. Institutional investors and hedge funds own 91.77% of the company’s stock.

About Dollar General

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.