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

Shares of Dollar General Corporation (NYSE:DG) have received an average rating of “Hold” from the twenty-nine brokerages that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, sixteen have issued a hold recommendation and twelve have issued a buy recommendation on the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $137.96.

DG has been the topic of a number of recent research reports. The Goldman Sachs Group increased their target price on Dollar General from $128.00 to $141.00 and gave the company a “neutral” rating in a report on Friday, August 28th. BNP Paribas Exane raised their price objective on Dollar General from $113.00 to $129.00 and gave the stock a “neutral” rating in a research note on Friday, August 28th. Citigroup increased their target price on shares of Dollar General from $116.00 to $133.00 and gave the stock a “neutral” rating in a report on Friday, August 28th. Guggenheim restated a “buy” rating and set a $140.00 price objective on shares of Dollar General in a research report on Monday, August 31st. Finally, HSBC raised shares of Dollar General from a “hold” rating to a “buy” rating and upped their target price for the stock from $125.00 to $160.00 in a report on Thursday, September 24th.

Dollar General Trading Up 2.9%

DG opened at $133.77 on Tuesday. The company has a quick ratio of 0.31, a current ratio of 1.21 and a debt-to-equity ratio of 0.49. The stock has a market cap of $29.51 billion, a PE ratio of 17.47, a PEG ratio of 1.77 and a beta of 0.23. The business has a 50 day moving average of $124.40 and a 200-day moving average of $119.07. Dollar General has a 52 week low of $95.11 and a 52 week high of $158.23.

Dollar General (NYSE:DG) last announced its quarterly earnings results 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. The company had revenue of $11.29 billion for the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.86 EPS. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. Equities research analysts predict that Dollar General will post 7.69 earnings per share for the current fiscal year.

Dollar General Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 20th. Stockholders of record on Tuesday, October 6th will be given a dividend of $0.59 per share. The ex-dividend date is Tuesday, October 6th. This represents a $2.36 annualized dividend and a dividend yield of 1.8%. Dollar General’s dividend payout ratio (DPR) is presently 30.69%.

Institutional Investors Weigh In On Dollar General

Several large investors have recently made changes to their positions in DG. Arrowstreet Capital Limited Partnership raised its position in Dollar General by 6.2% during the first quarter. Arrowstreet Capital Limited Partnership now owns 2,868,239 shares of the company’s stock valued at $340,546,000 after purchasing an additional 167,546 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Dollar General by 2.8% during the first quarter. Dimensional Fund Advisors LP now owns 2,800,145 shares of the company’s stock valued at $332,443,000 after acquiring an additional 75,323 shares in the last quarter. Royal Bank of Canada boosted its holdings in shares of Dollar General by 0.8% in the first quarter. Royal Bank of Canada now owns 2,723,506 shares of the company’s stock valued at $323,362,000 after purchasing an additional 20,366 shares during the period. SG Americas Securities LLC lifted its holdings in shares of Dollar General by 2,208.2% in the 1st quarter. SG Americas Securities LLC now owns 1,554,918 shares of the company’s stock worth $184,615,000 after buying an additional 1,487,554 shares during the period. Finally, Bank of New York Mellon Corp purchased a new position in shares of Dollar General during the second quarter valued at $162,412,000. 91.77% of the stock is owned by institutional investors.

About Dollar General

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.