Q1 EPS Estimates for Dollar General Raised by Wolfe Research

Dollar General Corporation (NYSE:DG) – Analysts at Wolfe Research increased their Q1 2028 earnings per share estimates for Dollar General in a research report issued on Tuesday, June 2nd. Wolfe Research analyst S. Hanus now forecasts that the company will post earnings per share of $2.21 for the quarter, up from their prior forecast of $2.13. Wolfe Research currently has a “Outperform” rating and a $165.00 target price on the stock. The consensus estimate for Dollar General’s current full-year earnings is $7.35 per share. Wolfe Research also issued estimates for Dollar General’s Q4 2028 earnings at $2.21 EPS, Q1 2029 earnings at $2.56 EPS and FY2029 earnings at $9.48 EPS.

Dollar General (NYSE:DG) last posted its earnings results on Tuesday, June 2nd. The company reported $2.00 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $10.81 billion. During the same quarter last year, the company earned $1.78 earnings per share. The company’s revenue for the quarter was up 3.4% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS.

A number of other analysts have also commented on DG. BMO Capital Markets dropped their price target on Dollar General from $135.00 to $120.00 and set a “market perform” rating on the stock in a report on Wednesday, June 3rd. Rothschild & Co Redburn dropped their price target on Dollar General from $111.00 to $90.00 and set a “sell” rating on the stock in a report on Monday, May 18th. Barclays dropped their price target on Dollar General from $151.00 to $148.00 and set an “overweight” rating on the stock in a report on Wednesday, June 3rd. UBS Group reiterated a “buy” rating on shares of Dollar General in a report on Wednesday, May 27th. Finally, Loop Capital lifted their price target on Dollar General from $110.00 to $115.00 and gave the stock a “hold” rating in a report on Wednesday, June 3rd. Ten investment analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $131.27.

Dollar General Stock Up 0.6%

DG stock opened at $110.07 on Thursday. Dollar General has a twelve month low of $95.11 and a twelve month high of $158.23. The company has a quick ratio of 0.25, a current ratio of 1.17 and a debt-to-equity ratio of 0.52. The stock’s 50 day moving average is $113.30 and its 200-day moving average is $128.90. The firm has a market capitalization of $24.28 billion, a PE ratio of 15.57, a P/E/G ratio of 1.67 and a beta of 0.26.

Institutional Trading of Dollar General

A number of large investors have recently bought and sold shares of DG. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position 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 worth $2,314,000 after buying an additional 1,185 shares during the last quarter. NewEdge Advisors LLC increased its position in Dollar General by 12.3% in the first quarter. NewEdge Advisors LLC now owns 10,450 shares of the company’s stock worth $919,000 after buying an additional 1,148 shares during the last quarter. Woodline Partners LP increased its position in Dollar General by 40.7% in the first quarter. Woodline Partners LP now owns 18,580 shares of the company’s stock worth $1,634,000 after buying an additional 5,373 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in Dollar General in the second quarter worth $211,000. Finally, Jump Financial LLC purchased a new stake in Dollar General in the second quarter worth $209,000. 91.77% of the stock is owned by hedge funds and other institutional investors.

Dollar General Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 21st. Shareholders of record on Tuesday, July 7th will be given a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Tuesday, July 7th. Dollar General’s dividend payout ratio (DPR) is currently 33.38%.

Key Stories Impacting Dollar General

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

• Positive Sentiment: Dollar General’s profitable same-day delivery business is reportedly strong enough to support a pilot subscription program, suggesting a potentially higher-margin way to monetize e-commerce demand. Dollar General’s profitable delivery business spurs subscription pilot
• Positive Sentiment: Recent coverage highlighted stronger Q1 same-store sales, driven by higher traffic and positive comps across categories, reinforcing the view that Dollar General’s value proposition is resonating with customers. Dollar General’s Same-Store Sales Strength Suggests More Growth Ahead
• Positive Sentiment: The company’s strong Q1 beat, raised full-year guidance, and dividend declaration continue to support sentiment around earnings momentum and shareholder returns. What Dollar General (DG)’s Strong Q1 Beat, Guidance Hike and Dividend Move Means For Shareholders
• Neutral Sentiment: Loop Capital raised several long-range earnings estimates for Dollar General, but kept a Hold rating and a $115 target, which suggests the brokerage sees steady improvement but not a major re-rating yet.
• Neutral Sentiment: Wolfe Research and Gordon Haskett also made mixed forecast changes, with some longer-term estimates lowered and others left more favorable; overall, the revisions point to a still-cautious but stable outlook for DG’s earnings trajectory.
• Neutral Sentiment: Dollar General has also been mentioned in several “value stock” and “non-tech stock” idea lists, which may add to investor interest but is not a direct catalyst.

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.