Q1 EPS Estimates for Dollar General Raised by Wolfe Research

Dollar General Corporation (NYSE:DG) – Equities research analysts at Wolfe Research upped their Q1 2028 earnings per share (EPS) estimates for Dollar General in a note issued to investors on Tuesday, June 2nd. Wolfe Research analyst S. Hanus now anticipates that the company will post earnings per share of $2.21 for the quarter, up from their previous forecast of $2.13. Wolfe Research has a “Outperform” rating and a $165.00 price target on the stock. The consensus estimate for Dollar General’s current full-year earnings is $7.35 per share. Wolfe Research also issued estimates for Dollar General’s Q4 2028 earnings at $2.21 EPS, Q1 2029 earnings at $2.56 EPS and FY2029 earnings at $9.48 EPS.

Several other equities research analysts have also recently commented on DG. Morgan Stanley decreased their target price on Dollar General from $150.00 to $132.00 and set an “equal weight” rating for the company in a research note on Wednesday, June 3rd. Piper Sandler decreased their target price on Dollar General from $133.00 to $118.00 and set a “neutral” rating for the company in a research note on Wednesday, June 3rd. Barclays decreased their target price on Dollar General from $151.00 to $148.00 and set an “overweight” rating for the company in a research note on Wednesday, June 3rd. Wall Street Zen lowered Dollar General from a “buy” rating to a “hold” rating in a report on Saturday, April 4th. Finally, BMO Capital Markets cut their price target on Dollar General from $135.00 to $120.00 and set a “market perform” rating on the stock in a report on Wednesday, June 3rd. Ten analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Dollar General has a consensus rating of “Hold” and a consensus price target of $131.27.

Dollar General Trading Up 0.6%

NYSE DG opened at $110.07 on Thursday. The business has a 50 day simple moving average of $113.30 and a 200 day simple moving average of $128.90. Dollar General has a one year low of $95.11 and a one year high of $158.23. The stock has a market capitalization of $24.28 billion, a P/E ratio of 15.57, a P/E/G ratio of 1.67 and a beta of 0.26. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.17 and a quick ratio of 0.25.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in DG. Fideuram Asset Management Ireland dac bought a new position in Dollar General in the fourth quarter worth approximately $25,000. Caitong International Asset Management Co. Ltd lifted its holdings in shares of Dollar General by 4,550.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 186 shares of the company’s stock valued at $25,000 after purchasing an additional 182 shares in the last quarter. Evergreen Advisors LLC bought a new position in shares of Dollar General in the first quarter valued at approximately $25,000. Annis Gardner Whiting Capital Advisors LLC lifted its holdings in shares of Dollar General by 69.3% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company’s stock valued at $26,000 after purchasing an additional 79 shares in the last quarter. Finally, Reflection Asset Management bought a new position in shares of Dollar General in the fourth quarter valued at approximately $28,000. Institutional investors own 91.77% of the company’s stock.

Dollar General Announces Dividend

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

Key Stories Impacting Dollar General

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.

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.