Brokers Offer Predictions for Dollar General FY2029 Earnings

Dollar General Corporation (NYSE:DG) – Equities researchers at Rothschild & Co Redburn issued their FY2029 earnings per share estimates for Dollar General in a research note issued on Wednesday, February 25th. Rothschild & Co Redburn analyst S. Hudson forecasts that the company will post earnings of $6.92 per share for the year. Rothschild & Co Redburn currently has a “Sell” rating and a $111.00 target price on the stock. The consensus estimate for Dollar General’s current full-year earnings is $5.75 per share.

Dollar General (NYSE:DG) last released its quarterly earnings results on Thursday, December 4th. The company reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.95 by $0.33. The business had revenue of $10.65 billion during the quarter, compared to analyst estimates of $10.60 billion. Dollar General had a return on equity of 18.59% and a net margin of 3.03%.Dollar General’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same quarter last year, the company posted $0.89 EPS. Dollar General has set its FY 2025 guidance at 6.300-6.500 EPS.

A number of other research firms have also issued reports on DG. Morgan Stanley boosted their price target on shares of Dollar General from $135.00 to $160.00 and gave the company an “equal weight” rating in a report on Thursday, January 15th. Evercore boosted their target price on shares of Dollar General from $143.00 to $145.00 and gave the company an “in-line” rating in a research note on Tuesday, February 3rd. Raymond James Financial restated an “outperform” rating and issued a $135.00 target price on shares of Dollar General in a report on Friday, December 5th. Piper Sandler raised their target price on Dollar General from $117.00 to $129.00 and gave the stock a “neutral” rating in a research report on Friday, December 5th. Finally, BMO Capital Markets lifted their price target on Dollar General from $130.00 to $145.00 and gave the company a “market perform” rating in a report on Friday, February 13th. Fourteen research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $145.85.

Dollar General Stock Performance

Shares of DG opened at $153.98 on Friday. Dollar General has a one year low of $70.01 and a one year high of $158.23. The company has a 50-day moving average of $145.36 and a two-hundred day moving average of $121.12. The stock has a market cap of $33.89 billion, a price-to-earnings ratio of 26.59, a PEG ratio of 2.57 and a beta of 0.25. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.17 and a quick ratio of 0.24.

Dollar General Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 20th. Investors of record on Tuesday, January 6th were given a dividend of $0.59 per share. The ex-dividend date of this dividend was Tuesday, January 6th. This represents a $2.36 dividend on an annualized basis and a yield of 1.5%. Dollar General’s dividend payout ratio (DPR) is presently 40.76%.

Insider Transactions at Dollar General

In other Dollar General news, EVP Bryan D. Wheeler sold 9,776 shares of the company’s stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $135.32, for a total value of $1,322,888.32. Following the transaction, the executive vice president directly owned 22,295 shares of the company’s stock, valued at $3,016,959.40. This represents a 30.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Rhonda Taylor sold 7,500 shares of the firm’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $134.89, for a total value of $1,011,675.00. Following the sale, the executive vice president directly owned 73,492 shares of the company’s stock, valued at $9,913,335.88. This trade represents a 9.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 58,673 shares of company stock valued at $7,713,389. Corporate insiders own 0.56% of the company’s stock.

Institutional Trading of Dollar General

Institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its holdings in Dollar General by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 27,309,045 shares of the company’s stock worth $3,625,822,000 after purchasing an additional 412,542 shares in the last quarter. State Street Corp lifted its position in shares of Dollar General by 0.5% in the fourth quarter. State Street Corp now owns 11,017,002 shares of the company’s stock worth $1,462,727,000 after buying an additional 53,624 shares during the last quarter. Morgan Stanley boosted its stake in shares of Dollar General by 35.0% during the 4th quarter. Morgan Stanley now owns 6,270,333 shares of the company’s stock worth $832,513,000 after acquiring an additional 1,624,748 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Dollar General by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 5,707,809 shares of the company’s stock worth $754,857,000 after acquiring an additional 42,936 shares in the last quarter. Finally, AQR Capital Management LLC increased its holdings in shares of Dollar General by 47.9% during the 4th quarter. AQR Capital Management LLC now owns 3,734,500 shares of the company’s stock valued at $495,830,000 after acquiring an additional 1,208,892 shares during the last quarter. 91.77% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Dollar General

Here are the key news stories impacting Dollar General this week:

• Positive Sentiment: Analysts lifting price targets — Jefferies raised its DG target to $178 (from $165), signaling more upside and reinforcing buy-side sentiment following the company’s recent results. Read More.
• Positive Sentiment: Additional analyst upgrade momentum — Guggenheim recently raised its price target to $165 (from $140) and other outlets highlight DG as a turnaround candidate, supporting conviction that top-line acceleration could be sustainable. Read More.
• Positive Sentiment: Independent bullish forecast — Oppenheimer published a forecast calling for strong price appreciation for Dollar General, adding to the buy-side thesis and potentially driving demand from institutional investors. Read More.
• Positive Sentiment: Sector tailwinds / inclusion on “watch” lists — Coverage pieces from Yahoo Finance and Zacks highlight DG among discount-retail names poised to benefit from pricing, inventory management and operational initiatives, which can attract momentum investors and ETFs focused on the space. Read More.
• Positive Sentiment: Local growth: new store opening planned — A planned spring opening for a Tyrone DG Market signals ongoing unit growth at the local level, supporting the company’s reach into underserved markets. Read More.
• Neutral Sentiment: Market commentary & tools referenced — Multiple Zacks/Yahoo pieces reference DG when demonstrating their Earnings ESP and stock-screening tools; these are broader market/coverage notes rather than company-specific operational news. Read More.
• Neutral Sentiment: Unrelated industry fundraising news — A fully subscribed ExchangeRight REIT product indicates investor appetite for real-estate strategies but has no direct impact on DG fundamentals. Read More.
• Negative Sentiment: Intraday pullback — Despite the analyst upgrades and positive coverage, DG is trading lower today, indicating profit-taking or short-term rotation that could cap near-term upside until volume or follow‑through confirms the trend. (No article)

Dollar General Company Profile

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.