Analysts Set Dollar General Corporation (NYSE:DG) Target Price at $135.46

Dollar General Corporation (NYSE:DG) has been assigned an average recommendation of “Hold” from the twenty-nine brokerages that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, eighteen have issued a hold rating and ten have issued a buy rating on the company. The average 12 month price objective among analysts that have covered the stock in the last year is $135.4615.

DG has been the subject of several research reports. Truist Financial boosted their price objective on shares of Dollar General from $109.00 to $114.00 and gave the company a “hold” rating in a research note on Tuesday, June 2nd. Wall Street Zen upgraded Dollar General from a “hold” rating to a “buy” rating in a report on Saturday, August 29th. Oppenheimer reiterated an “outperform” rating and issued a $150.00 target price on shares of Dollar General in a report on Tuesday, August 25th. Raymond James Financial restated an “outperform” rating and set a $150.00 price target on shares of Dollar General in a research note on Friday, August 28th. Finally, Guggenheim reaffirmed a “buy” rating and issued a $140.00 price objective on shares of Dollar General in a research note on Monday, August 31st.

Dollar General Trading Up 0.6%

NYSE DG opened at $122.62 on Friday. The company has a market cap of $27.05 billion, a P/E ratio of 15.95, a P/E/G ratio of 1.67 and a beta of 0.23. Dollar General has a 12 month low of $95.11 and a 12 month high of $158.23. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.21 and a quick ratio of 0.31. The company has a 50-day moving average of $124.67 and a 200-day moving average of $119.99.

Dollar General (NYSE:DG) last released its earnings results on Thursday, August 27th. The company reported $2.48 earnings per share (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 during the quarter, compared to the consensus estimate of $11.20 billion. During the same period in the previous year, the firm earned $1.86 earnings per share. Dollar General’s revenue was up 5.2% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. As a group, equities analysts predict that Dollar General will post 7.68 earnings per share for the current year.

Dollar General Announces Dividend

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

Dollar General News Summary

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

• Positive Sentiment: Store remodels are boosting productivity. Dollar General’s “Project Renovate” and “Project Elevate” initiatives are targeting mature-store performance, with annualized comparable-sales lifts of approximately 6% and 3%, respectively. If sustained, the gains could improve sales, margins and returns on invested capital. Dollar General’s Project Renovate and Elevate Drive Comp Sales Lift
• Positive Sentiment: Analysts continue to highlight DG as a discount-retail opportunity. Value-focused consumer strategies, store initiatives and improving estimates have led Zacks to include Dollar General among discount retailers with potential near-term upside. Buy 3 Big Discount Retailers to Gain From Solid Near-Term Price Upside
• Positive Sentiment: Low-price seasonal merchandise could support holiday traffic. Dollar General’s exclusive Simply for You by Hallmark collection offers more than 30 holiday products, most priced below $5, across roughly 19,500 stores. The partnership may strengthen DG’s appeal to budget-conscious holiday shoppers while testing a broader branded-merchandise strategy. Is Dollar General’s Hallmark Holiday Tie-Up a Small Test of a Bigger Brand Strategy?
• Neutral Sentiment: Leadership updates were announced, but the available report did not provide enough detail to assess the changes’ effect on strategy or financial performance. Dollar General Announces Leadership Updates
• Negative Sentiment: Inflation remains a mixed signal. CEO comments that households earning $100,000 increasingly feel financially constrained highlight potential traffic benefits for DG, but elevated fuel and living costs could also pressure discretionary purchases and store-level margins. Dollar General CEO Says Consumers Making $100,000 a Year Don’t Feel Like High-Income Shoppers Anymore

Institutional Investors Weigh In On Dollar General

Large investors have recently made changes to their positions in the business. Geode Capital Management LLC boosted its position in Dollar General by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 5,707,809 shares of the company’s stock worth $754,857,000 after purchasing an additional 42,936 shares during the period. Life Cycle Investment Partners Ltd purchased a new stake in shares of Dollar General in the fourth quarter worth about $363,299,000. Arrowstreet Capital Limited Partnership boosted its position in shares of Dollar General by 6.2% in the first quarter. Arrowstreet Capital Limited Partnership now owns 2,868,239 shares of the company’s stock worth $340,546,000 after buying an additional 167,546 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of Dollar General by 2.8% in the first quarter. Dimensional Fund Advisors LP now owns 2,800,145 shares of the company’s stock valued at $332,443,000 after buying an additional 75,323 shares in the last quarter. Finally, Royal Bank of Canada grew its stake in shares of Dollar General by 0.8% in the first quarter. Royal Bank of Canada now owns 2,723,506 shares of the company’s stock valued at $323,362,000 after buying an additional 20,366 shares in the last quarter. Institutional investors and hedge funds own 91.77% of the company’s stock.

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.