Dollar General Corporation (NYSE:DG) Given Consensus Rating of “Hold” by Brokerages

Shares of Dollar General Corporation (NYSE:DG) have earned an average rating of “Hold” from the twenty-nine brokerages that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, eighteen have assigned a hold rating and ten have given a buy rating to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $131.2692.

A number of equities research analysts have recently issued reports on the company. UBS Group restated a “buy” rating on shares of Dollar General in a research report on Wednesday, May 27th. The Goldman Sachs Group dropped their target price on Dollar General from $130.00 to $128.00 and set a “neutral” rating for the company in a report on Wednesday, June 3rd. Truist Financial lifted their price target on Dollar General from $109.00 to $114.00 and gave the stock a “hold” rating in a report on Tuesday, June 2nd. Weiss Ratings reissued a “hold (c)” rating on shares of Dollar General in a research report on Wednesday. Finally, Gordon Haskett lowered shares of Dollar General from a “buy” rating to a “hold” rating and dropped their price objective for the company from $140.00 to $110.00 in a report on Friday, May 22nd.

Dollar General Price Performance

NYSE DG traded up $3.18 during mid-day trading on Friday, hitting $118.91. The stock had a trading volume of 2,226,049 shares, compared to its average volume of 2,673,362. The firm’s 50 day moving average is $111.09 and its 200 day moving average is $128.01. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.17 and a quick ratio of 0.25. The stock has a market capitalization of $26.23 billion, a price-to-earnings ratio of 16.82, a PEG ratio of 1.81 and a beta of 0.25. Dollar General has a twelve month low of $95.11 and a twelve month high of $158.23.

Dollar General (NYSE:DG) last released its earnings results on Tuesday, June 2nd. The company reported $2.00 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to analyst estimates of $10.81 billion. During the same quarter in the prior year, the firm earned $1.78 earnings per share. The company’s revenue for the quarter 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. Equities research analysts forecast that Dollar General will post 7.38 earnings per share for the current fiscal year.

Dollar General Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 21st. Stockholders of record on Tuesday, July 7th will be paid a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend is Tuesday, July 7th. Dollar General’s dividend payout ratio is 33.38%.

Institutional Trading of Dollar General

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Life Cycle Investment Partners Ltd acquired a new position in shares of Dollar General in the fourth quarter valued at approximately $363,299,000. AQR Capital Management LLC boosted its position in Dollar General by 416.4% in the 3rd 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. boosted its position in Dollar General by 24,882.5% in the 4th 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 grew its stake in shares of Dollar General by 35.0% in the fourth quarter. Morgan Stanley now owns 6,270,333 shares of the company’s stock worth $832,513,000 after acquiring an additional 1,624,748 shares in the last quarter. Finally, SG Americas Securities LLC grew its stake in shares of Dollar General by 2,208.2% in the first quarter. SG Americas Securities LLC now owns 1,554,918 shares of the company’s stock worth $184,615,000 after acquiring an additional 1,487,554 shares in the last quarter. 91.77% of the stock is currently owned by hedge funds and other institutional investors.

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.