Dollar General Corporation (NYSE:DG) Receives Average Recommendation of “Hold” from Brokerages

Shares of Dollar General Corporation (NYSE:DG) have received an average rating of “Hold” from the twenty-nine analysts that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, eighteen have given a hold recommendation and ten have given a buy recommendation to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $131.2692.

Several equities research analysts have recently commented on the stock. Truist Financial raised their target price on shares of Dollar General from $109.00 to $114.00 and gave the stock a “hold” rating in a research report on Tuesday, June 2nd. The Goldman Sachs Group decreased their price target on shares of Dollar General from $130.00 to $128.00 and set a “neutral” rating for the company in a research note on Wednesday, June 3rd. Rothschild & Co Redburn lowered their price objective on shares of Dollar General from $111.00 to $90.00 and set a “sell” rating for the company in a report on Monday, May 18th. Gordon Haskett cut Dollar General from a “buy” rating to a “hold” rating and cut their price objective for the company from $140.00 to $110.00 in a research report on Friday, May 22nd. Finally, Deutsche Bank Aktiengesellschaft upped their target price on Dollar General from $110.00 to $114.00 and gave the stock a “hold” rating in a report on Thursday, June 4th.

Hedge Funds Weigh In On Dollar General

Institutional investors have recently added to or reduced their stakes in the company. Parkside Financial Bank & Trust raised its stake in shares of Dollar General by 9.3% in the fourth quarter. Parkside Financial Bank & Trust now owns 808 shares of the company’s stock worth $107,000 after purchasing an additional 69 shares during the last quarter. BOKF NA boosted its position in Dollar General by 15.2% in the fourth quarter. BOKF NA now owns 554 shares of the company’s stock valued at $74,000 after buying an additional 73 shares during the last quarter. Strata Wealth Advisors LLC boosted its position in Dollar General by 3.3% in the fourth quarter. Strata Wealth Advisors LLC now owns 2,367 shares of the company’s stock valued at $314,000 after buying an additional 75 shares during the last quarter. Optimize Financial Inc increased its holdings in Dollar General by 1.4% in the 4th quarter. Optimize Financial Inc now owns 5,550 shares of the company’s stock worth $737,000 after buying an additional 76 shares during the period. Finally, Frank Rimerman Advisors LLC increased its holdings in Dollar General by 1.7% in the 4th quarter. Frank Rimerman Advisors LLC now owns 4,628 shares of the company’s stock worth $614,000 after buying an additional 77 shares during the period. Institutional investors own 91.77% of the company’s stock.

Dollar General Price Performance

Shares of DG stock opened at $127.70 on Thursday. The firm has a market cap of $28.17 billion, a P/E ratio of 18.06, a P/E/G ratio of 1.93 and a beta of 0.23. Dollar General has a fifty-two week low of $95.11 and a fifty-two week high of $158.23. The business’s 50 day moving average price is $116.14 and its 200-day moving average price is $126.17. 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 announced its earnings results on Tuesday, June 2nd. The company reported $2.00 EPS for the quarter, beating analysts’ consensus estimates of $1.89 by $0.11. Dollar General had a return on equity of 18.65% and a net margin of 3.63%.The company had revenue of $10.79 billion during the quarter, compared to the consensus estimate of $10.81 billion. The firm’s revenue for the quarter was up 3.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.78 earnings per share. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. On average, equities research analysts anticipate that Dollar General will post 7.38 earnings per share for the current 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 given a dividend of $0.59 per share. The ex-dividend date was Tuesday, July 7th. This represents a $2.36 annualized dividend and a dividend yield of 1.8%. Dollar General’s payout ratio is currently 33.38%.

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.