Telsey Advisory Group Forecasts Strong Price Appreciation for Dollar General (NYSE:DG) Stock

Dollar General (NYSE:DG) had its price objective lifted by Telsey Advisory Group from $100.00 to $120.00 in a report published on Wednesday, MarketBeat Ratings reports. The brokerage 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 equities research analysts have also recently weighed in on DG. Gordon Haskett upgraded Dollar General from a “reduce” rating to an “accumulate” rating in a research note on Tuesday. UBS Group increased their price target on Dollar General from $95.00 to $120.00 and gave the company a “buy” rating in a research note on Thursday, May 29th. Oppenheimer upgraded Dollar General from a “market perform” rating to an “outperform” rating and set a $130.00 price target for the company in a research note on Wednesday. Truist Financial increased their price target on Dollar General from $76.00 to $93.00 and gave the company a “hold” rating in a research note on Tuesday, April 8th. Finally, Guggenheim increased their price target on Dollar General from $100.00 to $105.00 and gave the company a “buy” rating in a research note on Thursday, May 8th. Fifteen analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Dollar General has an average rating of “Moderate Buy” and an average price target of $109.04.

Dollar General Trading Down 0.3%

Shares of NYSE:DG opened at $113.47 on Wednesday. The company 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. Dollar General has a 1 year low of $66.43 and a 1 year high of $135.46. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.15 and a quick ratio of 0.15. The business’s 50 day simple moving average is $94.88 and its 200 day simple moving average is $82.54.

Dollar General (NYSE:DG) last released its earnings results on Tuesday, June 3rd. The company reported $1.78 earnings per share 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 firm had revenue of $10.44 billion during the quarter, compared to analysts’ expectations of $10.25 billion. During the same period in the prior year, the company earned $1.65 earnings per share. The company’s quarterly revenue was up 5.3% on a year-over-year basis. On average, research analysts anticipate that Dollar General will post 5.75 EPS for the current fiscal 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 issued a dividend of $0.59 per share. The ex-dividend date is Tuesday, July 8th. This represents a $2.36 dividend on an annualized basis and a yield of 2.08%. Dollar General’s payout ratio is currently 46.18%.

Insider Activity

In other news, EVP Emily C. Taylor sold 809 shares of the firm’s stock in a transaction dated Friday, April 4th. The stock was sold at an average price of $94.72, for a total value of $76,628.48. Following the completion of the sale, the executive vice president now directly owns 48,532 shares in the company, valued at $4,596,951.04. This trade represents a 1.64% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.56% of the stock is currently owned by company insiders.

Institutional Trading of Dollar General

Large investors have recently made changes to their positions in the company. SBI Securities Co. Ltd. acquired a new position in Dollar General during the 4th quarter valued at about $57,000. Oppenheimer & Co. Inc. boosted its stake in Dollar General by 81.4% during the 4th quarter. Oppenheimer & Co. Inc. now owns 5,648 shares of the company’s stock valued at $428,000 after purchasing an additional 2,534 shares during the last quarter. Private Advisor Group LLC boosted its stake in Dollar General by 9.5% during the 4th quarter. Private Advisor Group LLC now owns 6,066 shares of the company’s stock valued at $460,000 after purchasing an additional 524 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in Dollar General by 18.1% during the 4th quarter. Ameriprise Financial Inc. now owns 107,306 shares of the company’s stock valued at $8,137,000 after purchasing an additional 16,453 shares during the last quarter. Finally, Blue Trust Inc. boosted its stake in Dollar General by 63.6% during the 4th quarter. Blue Trust Inc. now owns 2,576 shares of the company’s stock valued at $195,000 after purchasing an additional 1,001 shares during the last quarter. 91.77% of the stock is currently owned by institutional investors and hedge funds.

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.