Analysts Set Dollar General Corporation (NYSE:DG) Price Target at $145.33
by Mitch Edgeman · The Markets DailyShares of Dollar General Corporation (NYSE:DG – Get Free Report) have received an average rating of “Hold” from the thirty research firms that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, fifteen have assigned a hold recommendation and fourteen have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $145.1852.
Several research analysts recently issued reports on DG shares. Barclays reaffirmed an “overweight” rating on shares of Dollar General in a research report on Thursday, March 12th. BNP Paribas Exane restated a “neutral” rating and set a $127.00 price objective on shares of Dollar General in a research note on Thursday, March 12th. Morgan Stanley cut their price objective on shares of Dollar General from $160.00 to $150.00 and set an “equal weight” rating on the stock in a report on Friday, March 13th. Daiwa Securities Group increased their target price on shares of Dollar General from $113.00 to $130.00 and gave the company a “neutral” rating in a report on Monday, December 8th. Finally, Loop Capital raised their price target on shares of Dollar General from $120.00 to $145.00 and gave the company a “hold” rating in a research report on Friday, February 6th.
View Our Latest Stock Report on Dollar General
Dollar General Trading Up 2.2%
NYSE:DG opened at $119.80 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.13 and a quick ratio of 0.22. Dollar General has a one year low of $84.70 and a one year high of $158.23. The company has a market cap of $26.38 billion, a PE ratio of 17.49, a PEG ratio of 1.89 and a beta of 0.34. The firm has a 50-day moving average of $140.89 and a 200-day moving average of $124.96.
Dollar General (NYSE:DG – Get Free Report) last released its quarterly earnings results on Thursday, March 12th. The company reported $1.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.36. The business had revenue of $10.91 billion during the quarter, compared to the consensus estimate of $10.78 billion. Dollar General had a return on equity of 18.66% and a net margin of 3.54%.The company’s quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.87 EPS. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. As a group, equities research analysts expect that Dollar General will post 5.75 EPS for the current fiscal year.
Dollar General Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 21st. Shareholders of record on Tuesday, April 7th will be given a dividend of $0.59 per share. The ex-dividend date of this dividend is Tuesday, April 7th. This represents a $2.36 annualized dividend and a dividend yield of 2.0%. Dollar General’s dividend payout ratio (DPR) is currently 34.45%.
Institutional Trading of Dollar General
A number of institutional investors and hedge funds have recently modified their holdings of DG. Life Cycle Investment Partners Ltd bought a new position in Dollar General in the 4th quarter valued at $363,299,000. AQR Capital Management LLC grew its position in Dollar General by 416.4% during the third quarter. AQR Capital Management LLC now owns 2,525,608 shares of the company’s stock valued at $259,759,000 after buying an additional 2,036,573 shares during the period. Bessemer Group Inc. grew its position in Dollar General by 24,882.5% during the fourth quarter. Bessemer Group Inc. now owns 1,694,315 shares of the company’s stock valued at $224,953,000 after buying an additional 1,687,533 shares during the period. Morgan Stanley increased its holdings in Dollar General by 35.0% during the fourth quarter. Morgan Stanley now owns 6,270,333 shares of the company’s stock worth $832,513,000 after buying an additional 1,624,748 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its holdings in Dollar General by 116.0% during the second quarter. Arrowstreet Capital Limited Partnership now owns 2,714,972 shares of the company’s stock worth $310,538,000 after buying an additional 1,458,093 shares during the last quarter. 91.77% of the stock is owned by hedge funds and other institutional investors.
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.