Zacks Research Boosts Earnings Estimates for Dollar General

Dollar General Corporation (NYSE:DG) – Equities researchers at Zacks Research boosted their FY2026 earnings per share (EPS) estimates for shares of Dollar General in a note issued to investors on Thursday, December 18th. Zacks Research analyst Team now expects that the company will earn $6.43 per share for the year, up from their prior estimate of $6.15. The consensus estimate for Dollar General’s current full-year earnings is $5.75 per share. Zacks Research also issued estimates for Dollar General’s FY2027 earnings at $7.02 EPS and FY2028 earnings at $7.54 EPS.

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, beating analysts’ consensus estimates of $0.95 by $0.33. The business had revenue of $10.65 billion during the quarter, compared to analyst estimates of $10.60 billion. Dollar General had a return on equity of 18.59% and a net margin of 3.03%.The business’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 firm posted $0.89 EPS. Dollar General has set its FY 2025 guidance at 6.300-6.500 EPS.

Several other brokerages also recently weighed in on DG. Telsey Advisory Group reiterated a “market perform” rating and issued a $130.00 price objective (up from $123.00) on shares of Dollar General in a research report on Thursday, December 4th. Raymond James Financial restated an “outperform” rating and issued a $135.00 price target on shares of Dollar General in a research note on Friday, December 5th. Jefferies Financial Group boosted their price objective on Dollar General from $130.00 to $142.00 and gave the stock a “buy” rating in a research report on Friday, December 5th. Daiwa Capital Markets raised 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, Morgan Stanley lifted their target price on Dollar General from $125.00 to $135.00 and gave the company an “equal weight” rating in a research note on Friday, December 5th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and sixteen have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $130.52.

Dollar General Stock Performance

DG stock opened at $136.56 on Friday. Dollar General has a 1 year low of $66.43 and a 1 year high of $137.90. The stock has a market capitalization of $30.06 billion, a price-to-earnings ratio of 23.59, a PEG ratio of 2.49 and a beta of 0.27. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.24 and a current ratio of 1.17. The stock’s fifty day moving average is $109.35 and its two-hundred day moving average is $109.40.

Dollar General Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 20th. Stockholders of record on Tuesday, January 6th will be paid a $0.59 dividend. The ex-dividend date of this dividend is Tuesday, January 6th. This represents a $2.36 annualized dividend and a dividend yield of 1.7%. Dollar General’s payout ratio is currently 40.76%.

Insiders Place Their Bets

In other Dollar General news, EVP Roderick J. West sold 2,282 shares of the company’s stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $133.35, for a total value of $304,304.70. Following the transaction, the executive vice president owned 36,108 shares of the company’s stock, valued at approximately $4,815,001.80. This represents a 5.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Carman R. Wenkoff sold 19,166 shares of the stock in a transaction on 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 sale, the executive vice president owned 43,179 shares of the company’s stock, valued at $5,700,059.79. This trade represents a 30.74% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 48,897 shares of company stock worth $6,390,501. Company insiders own 0.56% of the company’s stock.

Institutional Investors Weigh In On Dollar General

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Ameritas Advisory Services LLC acquired a new position in Dollar General during the second quarter worth $101,000. Vanguard Group Inc. grew its holdings in shares of Dollar General by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 26,817,649 shares of the company’s stock worth $3,067,403,000 after purchasing an additional 384,447 shares during the last quarter. Empowered Funds LLC increased its position in shares of Dollar General by 483.1% during the 2nd quarter. Empowered Funds LLC now owns 30,630 shares of the company’s stock worth $3,503,000 after purchasing an additional 25,377 shares in the last quarter. Korea Investment CORP increased its position in shares of Dollar General by 1.6% during the 2nd quarter. Korea Investment CORP now owns 155,275 shares of the company’s stock worth $17,760,000 after purchasing an additional 2,511 shares in the last quarter. Finally, Rockefeller Capital Management L.P. lifted its holdings in Dollar General by 228.3% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 34,647 shares of the company’s stock valued at $3,963,000 after purchasing an additional 24,094 shares during the last quarter. 91.77% of the stock is 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.