Dollar General (NYSE:DG) Price Target Raised to $120.00

Dollar General (NYSE:DG) had its price objective boosted by Telsey Advisory Group from $100.00 to $120.00 in a report issued on Wednesday, Marketbeat.com reports. Telsey Advisory Group currently has a market perform rating on the stock. Telsey Advisory Group also issued estimates for Dollar General’s Q2 2026 earnings at $1.58 EPS, Q3 2026 earnings at $0.85 EPS, Q4 2026 earnings at $1.60 EPS, FY2026 earnings at $5.80 EPS, Q1 2027 earnings at $1.90 EPS, Q2 2027 earnings at $1.73 EPS, Q3 2027 earnings at $1.02 EPS, Q4 2027 earnings at $1.83 EPS and FY2027 earnings at $6.50 EPS.

Several other research analysts have also weighed in on the company. Bank of America lifted their target price on Dollar General from $100.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, May 23rd. Sanford C. Bernstein set a $120.00 target price on Dollar General in a report on Friday, May 23rd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $80.00 target price (down from $90.00) on shares of Dollar General in a report on Monday, March 3rd. Oppenheimer upgraded Dollar General from a “market perform” rating to an “outperform” rating and set a $130.00 target price on the stock in a report on Wednesday. Finally, Gordon Haskett upgraded Dollar General from a “reduce” rating to an “accumulate” rating in a report on Tuesday. Fifteen investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Dollar General has a consensus rating of “Moderate Buy” and a consensus target price of $109.04.

Dollar General Stock Down 0.3%

NYSE:DG opened at $113.47 on Wednesday. Dollar General has a 12-month low of $66.43 and a 12-month high of $135.46. The company has a quick ratio of 0.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.78. The firm has a market capitalization of $24.96 billion, a P/E ratio of 18.69, a P/E/G ratio of 2.18 and a beta of 0.26. The stock’s fifty day simple moving average is $94.88 and its 200-day simple moving average is $82.54.

Dollar General (NYSE:DG) last posted its quarterly earnings results on Tuesday, June 3rd. The company reported $1.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.46 by $0.32. Dollar General had a return on equity of 18.85% and a net margin of 3.33%. The business had revenue of $10.44 billion for the quarter, compared to analyst estimates of $10.25 billion. During the same period last year, the company earned $1.65 EPS. The firm’s revenue was up 5.3% on a year-over-year basis. Equities research analysts expect that Dollar General will post 5.75 earnings per share for the current year.

Dollar General Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 22nd. Shareholders of record on Tuesday, July 8th will be given a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 2.08%. The ex-dividend date is Tuesday, July 8th. Dollar General’s dividend payout ratio (DPR) is presently 46.18%.

Insiders Place Their Bets

In other news, EVP Emily C. Taylor sold 809 shares of the company’s stock in a transaction that occurred on Friday, April 4th. The stock was sold at an average price of $94.72, for a total value of $76,628.48. Following the transaction, the executive vice president now owns 48,532 shares of the company’s stock, valued at approximately $4,596,951.04. This represents a 1.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.56% of the company’s stock.

Hedge Funds Weigh In On Dollar General

Institutional investors and hedge funds have recently made changes to their positions in the company. Altshuler Shaham Ltd acquired a new position in shares of Dollar General in the fourth quarter valued at approximately $25,000. IMG Wealth Management Inc. acquired a new position in shares of Dollar General in the fourth quarter valued at approximately $25,000. Providence First Trust Co acquired a new position in shares of Dollar General in the fourth quarter valued at approximately $33,000. Ameriflex Group Inc. acquired a new position in shares of Dollar General in the fourth quarter valued at approximately $31,000. Finally, Bogart Wealth LLC grew its position in shares of Dollar General by 279.8% in the fourth quarter. Bogart Wealth LLC now owns 490 shares of the company’s stock valued at $37,000 after purchasing an additional 361 shares during the last quarter. Institutional investors and hedge funds own 91.77% of the company’s stock.

About Dollar General

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. It offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, disinfectants, and laundry products; packaged food comprising cereals, pasta, canned soups, fruits and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine.