Hsbc Global Res Boosts Earnings Estimates for Dollar General

Dollar General Corporation (NYSE:DG) – Hsbc Global Res upped their FY2026 earnings estimates for shares of Dollar General in a research note issued on Wednesday, June 11th. Hsbc Global Res analyst D. Bretthauer now anticipates that the company will earn $5.73 per share for the year, up from their prior forecast of $5.67. The consensus estimate for Dollar General’s current full-year earnings is $5.75 per share. Hsbc Global Res also issued estimates for Dollar General’s FY2027 earnings at $6.82 EPS, FY2028 earnings at $7.50 EPS and FY2029 earnings at $8.28 EPS.

Dollar General (NYSE:DG) last posted its quarterly earnings data on Tuesday, June 3rd. The company reported $1.78 EPS for the quarter, beating analysts’ consensus estimates of $1.46 by $0.32. Dollar General had a net margin of 2.81% and a return on equity of 17.93%. The company had revenue of $10.44 billion during the quarter, compared to the consensus estimate of $10.25 billion. During the same quarter in the prior year, the company posted $1.65 EPS. The company’s quarterly revenue was up 5.3% compared to the same quarter last year.

A number of other research firms also recently issued reports on DG. Morgan Stanley increased their target price on shares of Dollar General from $85.00 to $115.00 and gave the stock an “equal weight” rating in a research report on Wednesday, June 4th. Guggenheim increased their target price on shares of Dollar General from $100.00 to $105.00 and gave the stock a “buy” rating in a research report on Thursday, May 8th. Raymond James Financial increased their target price on shares of Dollar General from $100.00 to $125.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 4th. UBS Group increased their target price on shares of Dollar General from $120.00 to $128.00 and gave the stock a “buy” rating in a research report on Wednesday, June 4th. Finally, Bank of America increased their target price on shares of Dollar General from $115.00 to $135.00 and gave the stock a “buy” rating in a research report on Wednesday, June 4th. Fifteen research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $109.04.

Dollar General Trading Down 0.3%

NYSE DG opened at $113.33 on Monday. Dollar General has a 12 month low of $66.43 and a 12 month high of $135.46. The company has a 50-day moving average of $97.97 and a 200-day moving average of $84.38. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.23 and a quick ratio of 0.20. The company has a market cap of $24.94 billion, a P/E ratio of 21.63, a P/E/G ratio of 2.98 and a beta of 0.26.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of DG. IMG Wealth Management Inc. acquired a new position in shares of Dollar General during the fourth quarter valued at $25,000. Altshuler Shaham Ltd acquired a new position in Dollar General during the fourth quarter worth about $25,000. Ameriflex Group Inc. acquired a new position in Dollar General during the fourth quarter worth about $31,000. Providence First Trust Co acquired a new position in Dollar General during the fourth quarter worth about $33,000. Finally, Bogart Wealth LLC grew its holdings in Dollar General by 279.8% during the fourth quarter. Bogart Wealth LLC now owns 490 shares of the company’s stock worth $37,000 after acquiring an additional 361 shares during the period. 91.77% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, EVP Emily C. Taylor sold 809 shares of the company’s stock in a transaction dated Friday, April 4th. The shares were sold at an average price of $94.72, for a total transaction of $76,628.48. Following the completion of the transaction, the executive vice president now owns 48,532 shares in the company, 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Kathleen A. Reardon sold 6,438 shares of the company’s stock in a transaction dated Thursday, June 12th. The stock was sold at an average price of $111.56, for a total transaction of $718,223.28. Following the transaction, the executive vice president now owns 41,646 shares of the company’s stock, valued at $4,646,027.76. This represents a 13.39% decrease in their position. The disclosure for this sale can be found here. 0.56% of the stock is currently owned by corporate insiders.

Dollar General Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 22nd. Stockholders of record on Tuesday, July 8th will be issued a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 2.08%. The ex-dividend date is Tuesday, July 8th. Dollar General’s dividend payout ratio (DPR) is presently 45.04%.

Dollar General Company Profile

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.