Gordon Haskett Boosts Earnings Estimates for Dollar General

Dollar General Corporation (NYSE:DG) – Equities researchers at Gordon Haskett raised their FY2029 EPS estimates for shares of Dollar General in a research note issued on Tuesday, June 2nd. Gordon Haskett analyst C. Grom now forecasts that the company will post earnings per share of $7.99 for the year, up from their prior estimate of $7.85. Gordon Haskett has a “Hold” rating and a $110.00 price target on the stock. The consensus estimate for Dollar General’s current full-year earnings is $7.35 per share. Gordon Haskett also issued estimates for Dollar General’s FY2030 earnings at $8.93 EPS and FY2031 earnings at $10.00 EPS.

Dollar General (NYSE:DG) last posted its earnings results on Tuesday, June 2nd. The company reported $2.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.89 by $0.11. Dollar General had a net margin of 3.63% and a return on equity of 18.65%. The business had revenue of $10.79 billion for the quarter, compared to analyst estimates of $10.81 billion. During the same period last year, the business posted $1.78 EPS. Dollar General’s revenue was up 3.4% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS.

A number of other research analysts have also issued reports on the stock. Rothschild & Co Redburn lowered their target price on shares of Dollar General from $111.00 to $90.00 and set a “sell” rating on the stock in a research note on Monday, May 18th. Wall Street Zen lowered shares of Dollar General from a “buy” rating to a “hold” rating in a research report on Saturday, April 4th. BMO Capital Markets decreased their price target on shares of Dollar General from $135.00 to $120.00 and set a “market perform” rating on the stock in a research report on Wednesday, June 3rd. The Goldman Sachs Group decreased their price target on shares of Dollar General from $130.00 to $128.00 and set a “neutral” rating on the stock in a research report on Wednesday, June 3rd. Finally, Deutsche Bank Aktiengesellschaft raised their price target on shares of Dollar General from $110.00 to $114.00 and gave the stock a “hold” rating in a research report on Thursday, June 4th. Ten analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $131.27.

Dollar General Stock Performance

NYSE:DG opened at $110.07 on Thursday. Dollar General has a 1 year low of $95.11 and a 1 year high of $158.23. The firm’s fifty day simple moving average is $113.30 and its 200 day simple moving average is $128.90. The company has a current ratio of 1.17, a quick ratio of 0.25 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of $24.28 billion, a PE ratio of 15.57, a PEG ratio of 1.67 and a beta of 0.26.

Institutional Trading of Dollar General

Several institutional investors have recently made changes to their positions in the business. Parkside Financial Bank & Trust boosted its position in shares of Dollar General by 9.3% during the 4th quarter. Parkside Financial Bank & Trust now owns 808 shares of the company’s stock valued at $107,000 after acquiring an additional 69 shares in the last quarter. BOKF NA boosted its position in shares of Dollar General by 15.2% during the 4th quarter. BOKF NA now owns 554 shares of the company’s stock valued at $74,000 after acquiring an additional 73 shares in the last quarter. Strata Wealth Advisors LLC boosted its position in shares of Dollar General by 3.3% during the 4th quarter. Strata Wealth Advisors LLC now owns 2,367 shares of the company’s stock valued at $314,000 after acquiring an additional 75 shares in the last quarter. Optimize Financial Inc boosted its position in shares of Dollar General by 1.4% during the 4th quarter. Optimize Financial Inc now owns 5,550 shares of the company’s stock valued at $737,000 after acquiring an additional 76 shares in the last quarter. Finally, Tevis Investment Management boosted its position in shares of Dollar General by 0.5% during the 3rd quarter. Tevis Investment Management now owns 16,655 shares of the company’s stock valued at $1,721,000 after acquiring an additional 77 shares in the last quarter. 91.77% of the stock is currently owned by institutional investors and hedge funds.

Dollar General Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 21st. Shareholders of record on Tuesday, July 7th will be given a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 2.1%. The ex-dividend date is Tuesday, July 7th. Dollar General’s dividend payout ratio (DPR) is currently 33.38%.

More Dollar General News

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

• Positive Sentiment: Dollar General’s profitable same-day delivery business is reportedly strong enough to support a pilot subscription program, suggesting a potentially higher-margin way to monetize e-commerce demand. Dollar General’s profitable delivery business spurs subscription pilot
• Positive Sentiment: Recent coverage highlighted stronger Q1 same-store sales, driven by higher traffic and positive comps across categories, reinforcing the view that Dollar General’s value proposition is resonating with customers. Dollar General’s Same-Store Sales Strength Suggests More Growth Ahead
• Positive Sentiment: The company’s strong Q1 beat, raised full-year guidance, and dividend declaration continue to support sentiment around earnings momentum and shareholder returns. What Dollar General (DG)’s Strong Q1 Beat, Guidance Hike and Dividend Move Means For Shareholders
• Neutral Sentiment: Loop Capital raised several long-range earnings estimates for Dollar General, but kept a Hold rating and a $115 target, which suggests the brokerage sees steady improvement but not a major re-rating yet.
• Neutral Sentiment: Wolfe Research and Gordon Haskett also made mixed forecast changes, with some longer-term estimates lowered and others left more favorable; overall, the revisions point to a still-cautious but stable outlook for DG’s earnings trajectory.
• Neutral Sentiment: Dollar General has also been mentioned in several “value stock” and “non-tech stock” idea lists, which may add to investor interest but is not a direct catalyst.

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.