Q3 EPS Estimates for Dollar General Raised by Zacks Research

Dollar General Corporation (NYSE:DG) – Investment analysts at Zacks Research raised their Q3 2027 earnings per share estimates for shares of Dollar General in a research note issued to investors on Tuesday, September 15th. Zacks Research analyst Team now forecasts that the company will post earnings of $1.41 per share for the quarter, up from their previous forecast of $1.37. The consensus estimate for Dollar General’s current full-year earnings is $7.68 per share. Zacks Research also issued estimates for Dollar General’s Q4 2027 earnings at $2.06 EPS, FY2027 earnings at $7.70 EPS, Q1 2028 earnings at $2.22 EPS, Q2 2028 earnings at $2.35 EPS, Q3 2028 earnings at $1.58 EPS, Q4 2028 earnings at $2.24 EPS, FY2028 earnings at $8.39 EPS, Q1 2029 earnings at $2.52 EPS and Q2 2029 earnings at $2.65 EPS.

DG has been the topic of several other reports. Wolfe Research reaffirmed an “outperform” rating and set a $143.00 price target on shares of Dollar General in a research note on Thursday, August 13th. Citigroup boosted their price target on Dollar General from $116.00 to $133.00 and gave the company a “neutral” rating in a research report on Friday, August 28th. Raymond James Financial reissued an “outperform” rating and issued a $150.00 price objective on shares of Dollar General in a research report on Friday, August 28th. Evercore decreased their price target on shares of Dollar General from $145.00 to $140.00 in a research report on Wednesday, June 3rd. Finally, UBS Group reiterated a “buy” rating on shares of Dollar General in a report on Wednesday, May 27th. Ten analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Dollar General has an average rating of “Hold” and a consensus target price of $135.46.

Dollar General Price Performance

Shares of NYSE:DG opened at $124.63 on Wednesday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.31 and a current ratio of 1.21. The stock has a market cap of $27.50 billion, a PE ratio of 16.21, a price-to-earnings-growth ratio of 1.77 and a beta of 0.23. Dollar General has a one year low of $95.11 and a one year high of $158.23. The business’s fifty day moving average price is $124.24 and its two-hundred day moving average price is $121.06.

Dollar General (NYSE:DG) last issued its quarterly earnings data on Thursday, August 27th. The company reported $2.48 EPS for the quarter, beating analysts’ consensus estimates of $2.01 by $0.47. Dollar General had a net margin of 3.90% and a return on equity of 18.93%. The firm had revenue of $11.29 billion for the quarter, compared to analysts’ expectations of $11.20 billion. During the same period in the prior year, the company earned $1.86 EPS. The firm’s revenue was up 5.2% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS.

Hedge Funds Weigh In On Dollar General

Several large investors have recently added to or reduced their stakes in DG. Tidal Investments LLC grew its position in Dollar General by 31.0% in the second quarter. Tidal Investments LLC now owns 80,326 shares of the company’s stock worth $9,246,000 after acquiring an additional 19,024 shares in the last quarter. National Pension Service increased its stake in shares of Dollar General by 13.1% in the second quarter. National Pension Service now owns 666,612 shares of the company’s stock worth $76,734,000 after purchasing an additional 77,116 shares during the period. Cidel Asset Management Inc. increased its position in Dollar General by 5.9% in the 2nd quarter. Cidel Asset Management Inc. now owns 4,323 shares of the company’s stock worth $498,000 after buying an additional 240 shares during the period. Community Bank N.A. boosted its position in shares of Dollar General by 216.4% in the second quarter. Community Bank N.A. now owns 443 shares of the company’s stock valued at $51,000 after acquiring an additional 303 shares during the period. Finally, RFG Advisory LLC grew its stake in shares of Dollar General by 6.7% in the second quarter. RFG Advisory LLC now owns 2,369 shares of the company’s stock worth $273,000 after acquiring an additional 149 shares during the last quarter. 91.77% of the stock is currently owned by institutional investors.

Dollar General Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 20th. Stockholders of record on Tuesday, October 6th will be paid a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Tuesday, October 6th. Dollar General’s dividend payout ratio is 30.69%.

Key Stories Impacting Dollar General

Here are the key news stories impacting Dollar General this week:

• Positive Sentiment: Zacks Research raised multiple long-term EPS forecasts. The firm increased its FY2027 estimate to $7.70 from $7.30 and its FY2028 estimate to $8.39 from $7.99. It also raised estimates for several quarterly periods through Q2 2029, indicating improved expectations for Dollar General’s future earnings power.
• Positive Sentiment: Near- and medium-term quarterly estimates were also upgraded. Zacks lifted forecasts for Q3 2027 to $1.41 from $1.37, Q4 2027 to $2.06 from $1.97, Q1 2028 to $2.22 from $2.14, Q2 2028 to $2.35 from $2.21, Q3 2028 to $1.58 from $1.48, and Q4 2028 to $2.24 from $2.16.
• Positive Sentiment: Investor attention remains elevated. Dollar General recently presented at the Goldman Sachs Global Consumer and Retail Conference, while market coverage noted increased attention to the shares. However, the available reports do not provide specific new guidance or a major strategic announcement. Dollar General Goldman Sachs conference transcript
• Neutral Sentiment: Current-year expectations were unchanged. The consensus forecast remains $7.68 EPS for the current fiscal year, below Zacks’ $7.70 FY2027 estimate. As a result, the upgrades primarily support the longer-term outlook and may have limited immediate impact on trading.
• Negative Sentiment: The positive revisions have not translated into a clear near-term catalyst. With no new earnings release or raised company guidance in the reports, investors may be focusing on valuation and waiting for confirmation in upcoming results. Dollar General’s prior quarter was strong, but the stock can still face short-term selling pressure after a rally.

About Dollar General

Dollar General Corporation (NYSE: DG) is a discount retailer that operates stores offering everyday essentials at low prices. Its merchandise assortment includes consumable products such as food, snacks, cleaning supplies, paper products, and personal-care items, along with seasonal goods, basic home products, apparel, and select health and beauty products.

The company serves primarily rural and suburban communities, with stores located throughout the United States. Dollar General also operates related retail formats, including DG Market, DGX, and pOpshelf, which offer assortments tailored to different shopping needs and locations.