Dollar General (NYSE:DG) Price Target Lowered to $150.00 at Oppenheimer

Dollar General (NYSE:DG) had its target price trimmed by Oppenheimer from $170.00 to $150.00 in a research note published on Friday,Benzinga reports. The brokerage currently has an outperform rating on the stock.

A number of other equities research analysts have also issued reports on the stock. Rothschild & Co Redburn dropped their price objective on shares of Dollar General from $111.00 to $90.00 and set a “sell” rating for the company in a report on Monday, May 18th. Wall Street Zen lowered shares of Dollar General from a “buy” rating to a “hold” rating in a research note on Saturday, April 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Dollar General in a research note on Friday, April 10th. Telsey Advisory Group reissued a “market perform” rating and set a $140.00 price target on shares of Dollar General in a research report on Tuesday, March 24th. Finally, Barclays reissued an “overweight” rating on shares of Dollar General in a research report on Thursday, March 12th. Twelve equities research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Dollar General currently has an average rating of “Hold” and a consensus target price of $139.19.

Dollar General Trading Up 0.6%

Shares of DG opened at $110.52 on Friday. The company has a current ratio of 1.13, a quick ratio of 0.22 and a debt-to-equity ratio of 0.54. Dollar General has a 12-month low of $95.11 and a 12-month high of $158.23. The firm has a 50-day moving average price of $115.48 and a 200 day moving average price of $128.48. The firm has a market capitalization of $24.34 billion, a P/E ratio of 16.13, a P/E/G ratio of 1.78 and a beta of 0.28.

Dollar General (NYSE:DG) last announced its quarterly earnings data on Thursday, March 12th. The company reported $1.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.36. Dollar General had a net margin of 3.54% and a return on equity of 18.66%. The firm had revenue of $10.91 billion during the quarter, compared to analyst estimates of $10.78 billion. During the same quarter in the prior year, the firm posted $0.87 earnings per share. Dollar General’s quarterly revenue was up 5.9% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. Sell-side analysts forecast that Dollar General will post 7.26 EPS for the current year.

Dollar General Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 21st. Investors of record on Tuesday, April 7th were issued a $0.59 dividend. The ex-dividend date of this dividend was Tuesday, April 7th. This represents a $2.36 annualized dividend and a yield of 2.1%. Dollar General’s dividend payout ratio (DPR) is 34.45%.

Hedge Funds Weigh In On Dollar General

Several hedge funds have recently added to or reduced their stakes in DG. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Dollar General by 4.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,317 shares of the company’s stock valued at $2,314,000 after purchasing an additional 1,185 shares during the last quarter. NewEdge Advisors LLC grew its position in shares of Dollar General by 12.3% during the first quarter. NewEdge Advisors LLC now owns 10,450 shares of the company’s stock worth $919,000 after acquiring an additional 1,148 shares during the last quarter. Woodline Partners LP grew its position in shares of Dollar General by 40.7% during the first quarter. Woodline Partners LP now owns 18,580 shares of the company’s stock worth $1,634,000 after acquiring an additional 5,373 shares during the last quarter. Sivia Capital Partners LLC purchased a new position in shares of Dollar General during the second quarter worth approximately $211,000. Finally, Jump Financial LLC purchased a new position in shares of Dollar General during the second quarter worth approximately $209,000. 91.77% of the stock is currently owned by hedge funds and other institutional investors.

Dollar General News Summary

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

• Positive Sentiment: Dollar General rose alongside Dollar Tree after DLTR beat first-quarter expectations and lifted its profit forecast, boosting sentiment across discount retailers and suggesting resilient demand from lower-income consumers.
• Positive Sentiment: Oppenheimer kept an outperform rating on Dollar General while lowering its price target to $150 from $170, citing potential upside despite cost pressures and cautious consumer spending; the new target still implies meaningful upside from current levels.
• Neutral Sentiment: Analysts at Rothschild & Co Redburn made several mixed EPS estimate changes for future years, including some upward revisions, but the firm maintained a Sell rating and a $90 target, making the revisions less relevant to near-term trading.
• Neutral Sentiment: Investors are also watching Dollar General’s upcoming Q1 results and guidance, with Oppenheimer suggesting the company could guide conservatively because of cost headwinds and pressure on consumers.
• Negative Sentiment: Broader concerns remain around labor practices, workplace safety, and a shareholder vote on a human rights policy, which could add reputational and governance pressure on the stock over time.

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.