Brokers Offer Predictions for Dollar General FY2029 Earnings

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

Dollar General (NYSE:DG) last announced its earnings results on Thursday, December 4th. The company reported $1.28 EPS for the quarter, topping 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 net margin of 3.03% and a return on equity of 18.59%. The business’s quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.89 EPS. Dollar General has set its FY 2025 guidance at 6.300-6.500 EPS.

A number of other research firms have also issued reports on DG. Raymond James Financial reaffirmed an “outperform” rating and issued a $135.00 target price on shares of Dollar General in a report on Friday, December 5th. Weiss Ratings restated a “hold (c-)” rating on shares of Dollar General in a research note on Monday, December 29th. The Goldman Sachs Group upgraded shares of Dollar General from a “strong sell” rating to a “hold” rating in a research note on Friday, December 5th. BNP Paribas Exane upped their target price on shares of Dollar General from $118.00 to $127.00 and gave the company a “neutral” rating in a research note on Friday, December 5th. Finally, Jefferies Financial Group raised their price target on shares of Dollar General from $165.00 to $178.00 in a research report on Wednesday. Fourteen analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Dollar General presently has an average rating of “Hold” and an average target price of $145.85.

Dollar General Trading Down 0.5%

Shares of NYSE:DG opened at $153.98 on Friday. 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 50-day moving average is $145.36 and its 200-day moving average is $121.12. The company has a market cap of $33.89 billion, a P/E ratio of 26.59, a P/E/G ratio of 2.57 and a beta of 0.25. Dollar General has a 52-week low of $70.01 and a 52-week high of $158.23.

Hedge Funds Weigh In On Dollar General

Hedge funds and other institutional investors have recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Dollar General by 4.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,317 shares of the company’s stock worth $2,314,000 after acquiring an additional 1,185 shares in the last quarter. NewEdge Advisors LLC grew its holdings in shares of Dollar General by 12.3% in the 1st quarter. NewEdge Advisors LLC now owns 10,450 shares of the company’s stock worth $919,000 after purchasing an additional 1,148 shares during the last quarter. Woodline Partners LP grew its holdings in shares of Dollar General by 40.7% in the 1st quarter. Woodline Partners LP now owns 18,580 shares of the company’s stock worth $1,634,000 after purchasing an additional 5,373 shares during the last quarter. Sivia Capital Partners LLC acquired a new stake in shares of Dollar General during the 2nd quarter worth about $211,000. Finally, AlphaQuest LLC lifted its holdings in Dollar General by 478.8% during the 2nd quarter. AlphaQuest LLC now owns 903 shares of the company’s stock valued at $103,000 after purchasing an additional 747 shares during the last quarter. Institutional investors own 91.77% of the company’s stock.

Insider Activity at Dollar General

In related news, EVP Carman R. Wenkoff sold 19,166 shares of the 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 transaction, the executive vice president owned 43,179 shares of the company’s stock, valued at $5,700,059.79. This represents a 30.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Bryan D. Wheeler sold 9,776 shares of Dollar General stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $135.32, for a total value of $1,322,888.32. Following the sale, the executive vice president directly owned 22,295 shares in the company, valued at $3,016,959.40. The trade was a 30.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 58,673 shares of company stock worth $7,713,389 in the last ninety days. Company insiders own 0.56% of the company’s stock.

Dollar General Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 20th. Stockholders of record on Tuesday, January 6th were paid a $0.59 dividend. The ex-dividend date was Tuesday, January 6th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.5%. Dollar General’s dividend payout ratio is currently 40.76%.

Key Headlines Impacting Dollar General

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

• Positive Sentiment: Analysts lifting price targets — Jefferies raised its DG target to $178 (from $165), signaling more upside and reinforcing buy-side sentiment following the company’s recent results. Read More.
• Positive Sentiment: Additional analyst upgrade momentum — Guggenheim recently raised its price target to $165 (from $140) and other outlets highlight DG as a turnaround candidate, supporting conviction that top-line acceleration could be sustainable. Read More.
• Positive Sentiment: Independent bullish forecast — Oppenheimer published a forecast calling for strong price appreciation for Dollar General, adding to the buy-side thesis and potentially driving demand from institutional investors. Read More.
• Positive Sentiment: Sector tailwinds / inclusion on “watch” lists — Coverage pieces from Yahoo Finance and Zacks highlight DG among discount-retail names poised to benefit from pricing, inventory management and operational initiatives, which can attract momentum investors and ETFs focused on the space. Read More.
• Positive Sentiment: Local growth: new store opening planned — A planned spring opening for a Tyrone DG Market signals ongoing unit growth at the local level, supporting the company’s reach into underserved markets. Read More.
• Neutral Sentiment: Market commentary & tools referenced — Multiple Zacks/Yahoo pieces reference DG when demonstrating their Earnings ESP and stock-screening tools; these are broader market/coverage notes rather than company-specific operational news. Read More.
• Neutral Sentiment: Unrelated industry fundraising news — A fully subscribed ExchangeRight REIT product indicates investor appetite for real-estate strategies but has no direct impact on DG fundamentals. Read More.
• Negative Sentiment: Intraday pullback — Despite the analyst upgrades and positive coverage, DG is trading lower today, indicating profit-taking or short-term rotation that could cap near-term upside until volume or follow‑through confirms the trend. (No article)

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.