Brokers Issue Forecasts for Dollar General FY2029 Earnings

Dollar General Corporation (NYSE:DG) – Equities research analysts at Rothschild & Co Redburn issued their FY2029 earnings estimates for Dollar General in a report released on Wednesday, February 25th. Rothschild & Co Redburn analyst S. Hudson expects that the company will post earnings per share of $6.92 for the year. Rothschild & Co Redburn has a “Sell” rating and a $111.00 price target on the stock. The consensus estimate for Dollar General’s current full-year earnings is $5.75 per share.

Several other equities research analysts also recently weighed in on the company. Daiwa Securities Group upped their target price on Dollar General from $113.00 to $130.00 and gave the stock a “neutral” rating in a research report on Monday, December 8th. Weiss Ratings restated a “hold (c-)” rating on shares of Dollar General in a report on Monday, December 29th. Morgan Stanley increased their price objective on shares of Dollar General from $135.00 to $160.00 and gave the company an “equal weight” rating in a research report on Thursday, January 15th. JPMorgan Chase & Co. boosted their target price on shares of Dollar General from $166.00 to $170.00 and gave the stock an “overweight” rating in a research report on Friday, January 9th. Finally, Gordon Haskett upped their target price on shares of Dollar General from $170.00 to $180.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Fourteen equities research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Dollar General has an average rating of “Hold” and an average price target of $145.85.

Dollar General Stock Up 1.4%

Shares of NYSE DG opened at $156.13 on Friday. The stock has a fifty day moving average price of $145.74 and a 200 day moving average price of $121.45. The company has a current ratio of 1.17, a quick ratio of 0.24 and a debt-to-equity ratio of 0.63. Dollar General has a 12-month low of $70.01 and a 12-month high of $158.23. The company has a market cap of $34.37 billion, a P/E ratio of 26.97, a P/E/G ratio of 2.59 and a beta of 0.25.

Dollar General (NYSE:DG) last released its quarterly earnings data on Thursday, December 4th. The company reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.95 by $0.33. Dollar General had a net margin of 3.03% and a return on equity of 18.59%. The company had revenue of $10.65 billion during the quarter, compared to analyst estimates of $10.60 billion. During the same quarter in the prior year, the business earned $0.89 earnings per share. The business’s quarterly revenue was up 4.6% compared to the same quarter last year. Dollar General has set its FY 2025 guidance at 6.300-6.500 EPS.

Institutional Trading of Dollar General

Several hedge funds have recently made changes to their positions in DG. Vanguard Group Inc. lifted its stake in Dollar General by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 27,309,045 shares of the company’s stock valued at $3,625,822,000 after buying an additional 412,542 shares during the last quarter. State Street Corp lifted its position 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 purchasing an additional 53,624 shares during the last quarter. Morgan Stanley boosted its stake in Dollar General by 35.0% during the 4th quarter. Morgan Stanley now owns 6,270,333 shares of the company’s stock valued at $832,513,000 after purchasing an additional 1,624,748 shares during the period. Geode Capital Management LLC raised its holdings in shares of Dollar General by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 5,707,809 shares of the company’s stock valued at $754,857,000 after buying an additional 42,936 shares during the last quarter. Finally, AQR Capital Management LLC boosted its position in shares of Dollar General by 47.9% during the fourth quarter. AQR Capital Management LLC now owns 3,734,500 shares of the company’s stock worth $495,830,000 after buying an additional 1,208,892 shares during the period. Institutional investors own 91.77% of the company’s stock.

Insider Buying and Selling

In other news, EVP Roderick J. West sold 2,282 shares of the company’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $133.35, for a total value of $304,304.70. Following the sale, the executive vice president owned 36,108 shares in the company, valued at approximately $4,815,001.80. This represents a 5.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Anita C. Elliott sold 2,516 shares of Dollar General stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $132.52, for a total value of $333,420.32. Following the completion of the transaction, the chief accounting officer owned 29,344 shares of the company’s stock, valued at $3,888,666.88. This trade represents a 7.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 58,673 shares of company stock worth $7,713,389. 0.56% of the stock is currently owned by insiders.

Dollar General Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 20th. Shareholders of record on Tuesday, January 6th were issued a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Tuesday, January 6th. Dollar General’s dividend payout ratio (DPR) is currently 40.76%.

Key Dollar General News

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

• Positive Sentiment: An analyst upgrade helped push DG to a new one‑year high, attracting momentum traders and headline interest that supported the rally. Dollar General (NYSE:DG) Hits New 1-Year High After Analyst Upgrade
• Positive Sentiment: Oppenheimer published a bullish note forecasting strong price appreciation for DG, which likely reinforced the upgrade-driven buying and helped lift sentiment among institutional investors. Oppenheimer Forecasts Strong Price Appreciation for Dollar General (NYSE:DG) Stock
• Positive Sentiment: Sector pieces from Zacks and Yahoo Finance singled out discount retailers (including DG) as well‑positioned for better pricing, inventory and operational execution, reinforcing a constructive industry backdrop. Costco and 3 More Discount Retail Stocks Investors Should Watch Now
• Neutral Sentiment: Local expansion: a new Tyrone DG Market is expected to open in spring — a small, localized growth signal that supports store‑level footprint expansion but is unlikely to move the stock materially on its own. Briefcase: Tyrone DG Market expected to open in spring
• Negative Sentiment: Rothschild & Co Redburn issued FY2029 EPS estimate of $6.92 but kept a “Sell” rating and a $111 price target — a bearish analyst stance that could cap upside and increase volatility despite other bullish notes.

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.