Dollar General Corporation (NYSE:DG – Get Free Report) has earned a consensus recommendation of “Hold” from the twenty-nine analysts that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, eighteen have issued a hold recommendation and ten have given a buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $131.2692.
Several analysts recently commented on DG shares. Wall Street Zen cut Dollar General from a “buy” rating to a “hold” rating in a research report on Saturday, April 4th. Barclays decreased their price objective on Dollar General from $151.00 to $148.00 and set an “overweight” rating on the stock in a report on Wednesday, June 3rd. BMO Capital Markets lowered their target price on shares of Dollar General from $135.00 to $120.00 and set a “market perform” rating on the stock in a research note on Wednesday, June 3rd. Wolfe Research reaffirmed an “outperform” rating and set a $165.00 target price on shares of Dollar General in a report on Thursday, March 12th. Finally, Citigroup reduced their target price on shares of Dollar General from $138.00 to $116.00 and set a “neutral” rating for the company in a research report on Wednesday, June 3rd.
Check Out Our Latest Report on Dollar General
Dollar General Trading Up 0.9%
Dollar General (NYSE:DG – Get Free Report) last posted its quarterly earnings data on Tuesday, June 2nd. The company reported $2.00 EPS for the quarter, topping the consensus estimate of $1.89 by $0.11. Dollar General had a return on equity of 18.65% and a net margin of 3.63%.The company had revenue of $10.79 billion during the quarter, compared to analyst estimates of $10.81 billion. During the same period in the previous year, the business earned $1.78 EPS. Dollar General’s quarterly revenue was up 3.4% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. On average, sell-side analysts predict that Dollar General will post 7.38 EPS for the current fiscal year.
Dollar General Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 21st. Investors of record on Tuesday, July 7th will be paid a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Tuesday, July 7th. Dollar General’s dividend payout ratio is currently 33.38%.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of DG. Vanguard Group Inc. lifted its position in Dollar General by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 27,309,045 shares of the company’s stock worth $3,625,822,000 after buying an additional 412,542 shares in the last quarter. State Street Corp grew its holdings in Dollar General by 0.5% in the 4th quarter. State Street Corp now owns 11,017,002 shares of the company’s stock valued at $1,462,727,000 after buying an additional 53,624 shares in the last quarter. Morgan Stanley increased its stake in shares of Dollar General by 35.0% in the 4th 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 during the last quarter. Geode Capital Management LLC increased its stake in shares of Dollar General by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 5,707,809 shares of the company’s stock worth $754,857,000 after acquiring an additional 42,936 shares during the last quarter. Finally, AQR Capital Management LLC raised its holdings in shares of Dollar General by 47.9% during the 4th quarter. AQR Capital Management LLC now owns 3,734,500 shares of the company’s stock worth $495,830,000 after acquiring an additional 1,208,892 shares during the period. 91.77% of the stock is owned by hedge funds and other institutional investors.
Dollar General Company Profile
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.
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