Dollar General (NYSE:DG) Shares Up 4.3% – Should You Buy?

Dollar General Corporation (NYSE:DG) traded up 4.3% on Wednesday. The company traded as high as $129.40 and last traded at $130.3280. Approximately 930,379 shares were traded during trading, a decline of 69% from the average daily volume of 3,000,898 shares. The stock had previously closed at $125.00.

Wall Street Analysts Forecast Growth

DG has been the topic of a number of recent research reports. Morgan Stanley raised their price objective on Dollar General from $132.00 to $145.00 and gave the company an “equal weight” rating in a research report on Friday, August 28th. Piper Sandler lifted their price objective on shares of Dollar General from $118.00 to $123.00 and gave the stock a “neutral” rating in a research report on Friday, August 28th. Barclays boosted their price objective on shares of Dollar General from $148.00 to $151.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 8th. Wolfe Research reiterated an “outperform” rating and set a $143.00 price objective on shares of Dollar General in a research note on Thursday, August 13th. Finally, Weiss Ratings raised shares of Dollar General from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, September 10th. Twelve equities research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $137.96.

Dollar General Stock Performance

The firm has a market cap of $29.68 billion, a price-to-earnings ratio of 17.49, a P/E/G ratio of 1.77 and a beta of 0.23. 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 firm has a fifty day simple moving average of $124.40 and a two-hundred day simple moving average of $119.07.

Dollar General (NYSE:DG) last announced its quarterly earnings data on Thursday, August 27th. The company reported $2.48 EPS for the quarter, beating the consensus estimate of $2.01 by $0.47. The firm had revenue of $11.29 billion during the quarter, compared to analyst estimates of $11.20 billion. Dollar General had a net margin of 3.90% and a return on equity of 18.93%. Dollar General’s revenue was up 5.2% on a year-over-year basis. During the same period last year, the firm posted $1.86 EPS. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. On average, analysts expect that Dollar General Corporation will post 7.69 EPS for the current year.

Dollar General Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 20th. Shareholders of record on Tuesday, October 6th will be issued a $0.59 dividend. 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 currently 30.69%.

Institutional Investors Weigh In On Dollar General

Large investors have recently made changes to their positions in the stock. Cantor Fitzgerald Investment Advisors L.P. raised its stake in shares of Dollar General by 4.2% in the third quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 103,463 shares of the company’s stock worth $12,372,000 after purchasing an additional 4,213 shares during the last quarter. V Square Quantitative Management LLC lifted its holdings in shares of Dollar General by 3.2% during the third quarter. V Square Quantitative Management LLC now owns 7,004 shares of the company’s stock worth $838,000 after purchasing an additional 214 shares during the period. Assenagon Asset Management S.A. boosted its position in Dollar General by 310.2% in the third quarter. Assenagon Asset Management S.A. now owns 32,387 shares of the company’s stock valued at $3,873,000 after buying an additional 24,492 shares during the last quarter. State of Alaska Department of Revenue boosted its position in Dollar General by 140.0% in the third quarter. State of Alaska Department of Revenue now owns 84,007 shares of the company’s stock valued at $10,046,000 after buying an additional 49,008 shares during the last quarter. Finally, Curated Wealth Partners LLC acquired a new position in Dollar General in the 3rd quarter worth approximately $1,233,000. 91.77% of the stock is owned by hedge funds and other institutional investors.

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.