Evercore ISI Forecasts Strong Price Appreciation for Dollar General (NYSE:DG) Stock

Dollar General (NYSE:DG) had its target price increased by equities researchers at Evercore ISI from $143.00 to $145.00 in a report issued on Tuesday, MarketBeat Ratings reports. The firm presently has an “in-line” rating on the stock. Evercore ISI’s price objective points to a potential downside of 2.74% from the company’s current price.

Other equities research analysts also recently issued research reports about the stock. Argus increased their target price on shares of Dollar General from $135.00 to $152.00 and gave the company a “buy” rating in a research note on Thursday, December 18th. BNP Paribas Exane increased their price objective on shares of Dollar General from $118.00 to $127.00 and gave the stock a “neutral” rating in a research report on Friday, December 5th. Wall Street Zen raised shares of Dollar General from a “hold” rating to a “buy” rating in a research note on Saturday, December 6th. Daiwa Capital Markets boosted their target price on Dollar General from $113.00 to $130.00 and gave the company a “neutral” rating in a research report on Monday, December 8th. Finally, Sanford C. Bernstein increased their price target on Dollar General from $141.00 to $150.00 and gave the stock an “outperform” rating in a report on Monday, January 5th. Fourteen research analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $141.35.

Dollar General Trading Up 0.7%

Shares of DG stock opened at $149.09 on Tuesday. The company has a market cap of $32.82 billion, a PE ratio of 25.75, a price-to-earnings-growth ratio of 2.46 and a beta of 0.25. Dollar General has a 1 year low of $70.01 and a 1 year high of $154.75. The stock’s 50 day simple moving average is $136.96 and its two-hundred day simple moving average is $116.60. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.17 and a quick ratio of 0.24.

Dollar General (NYSE:DG) last released its earnings results on Thursday, December 4th. The company reported $1.28 earnings per share for the quarter, beating the consensus estimate of $0.95 by $0.33. The firm had revenue of $10.65 billion for the quarter, compared to the consensus estimate of $10.60 billion. Dollar General had a return on equity of 18.59% and a net margin of 3.03%.The company’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.89 EPS. Dollar General has set its FY 2025 guidance at 6.300-6.500 EPS. Research analysts predict that Dollar General will post 5.75 earnings per share for the current year.

Insiders Place Their Bets

In other news, EVP Bryan D. Wheeler sold 9,776 shares of the stock in a transaction on Friday, December 19th. The stock was sold at an average price of $135.32, for a total transaction of $1,322,888.32. Following the transaction, the executive vice president owned 22,295 shares of the company’s stock, valued at approximately $3,016,959.40. This represents a 30.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Carman R. Wenkoff sold 19,166 shares of Dollar General stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $132.01, for a total value of $2,530,103.66. Following the completion of the sale, the executive vice president owned 43,179 shares of the company’s stock, valued at $5,700,059.79. The trade was a 30.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 58,673 shares of company stock worth $7,713,389. 0.56% of the stock is owned by company insiders.

Hedge Funds Weigh In On Dollar General

A number of large investors have recently added to or reduced their stakes in DG. Elevation Point Wealth Partners LLC purchased a new position in shares of Dollar General in the 2nd quarter worth approximately $25,000. Caldwell Trust Co acquired a new stake in Dollar General in the second quarter valued at approximately $25,000. Atlantic Union Bankshares Corp purchased a new position in Dollar General in the second quarter worth $26,000. Root Financial Partners LLC acquired a new position in shares of Dollar General during the third quarter worth $26,000. Finally, Peoples Financial Services CORP. purchased a new stake in shares of Dollar General during the 3rd quarter valued at $35,000. 91.77% of the stock is currently owned by institutional investors.

Key Dollar General News

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

• Positive Sentiment: Jim Cramer publicly endorsed Dollar General, calling it “terrific” and citing a positive personal shopping experience — a high‑profile vote of confidence that can lift retail sentiment and retail investor interest. Jim Cramer on Dollar General
• Positive Sentiment: Zacks highlights DG as a strong value stock using its Style Scores, reinforcing the idea that valuation, combined with steady fundamentals, makes the shares attractive to value-oriented investors. Here’s Why Dollar General is a Strong Value Stock
• Positive Sentiment: Analyses citing margin recovery and improvements in inventory shrink are driving a more bullish valuation narrative — investors are rewarding better profitability and operational fixes that improve earnings visibility. Valuation Check After Margin Recovery
• Positive Sentiment: Management is shifting emphasis from new-store openings to remodels (Project Elevate and Renovate lifts), with ~90% of FY26 projects slated as remodels — a lower‑capital, faster ROI way to boost sales and margins if execution holds. Dollar General Bets on Remodels
• Positive Sentiment: Several bull-case writeups (Yahoo/MSN) outline upside from continued execution and the company’s FY2025 EPS guide, reinforcing buy-side narratives. Dollar General: A Bull Case Theory
• Neutral Sentiment: Dollar General announced a board leadership change with David Rowland named chairman; governance updates can be positive longer term but typically have limited immediate impact on operations. Dollar General appoints David Rowland as new chairman
• Neutral Sentiment: Evercore ISI nudged its price target up to $145 with an “in‑line” rating — a modest target lift that still implies limited near-term upside versus current levels, so watch for further analyst revisions. Price Target Raised by Evercore ISI
• Neutral Sentiment: Minor institutional buying: the State of Wyoming increased its DG stake — a small vote of confidence but not a large directional block trade. State of Wyoming Has $754,000 Stock Position

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.