BMO Capital Markets Boosts Dollar General (NYSE:DG) Price Target to $135.00

Dollar General (NYSE:DG) had its target price raised by equities researchers at BMO Capital Markets from $120.00 to $135.00 in a report released on Friday,Benzinga reports. The brokerage presently has a “market perform” rating on the stock. BMO Capital Markets’ target price would suggest a potential upside of 7.09% from the stock’s current price.

Several other brokerages have also issued reports on DG. Loop Capital boosted their price target on shares of Dollar General from $110.00 to $115.00 and gave the company a “hold” rating in a report on Wednesday, June 3rd. Wolfe Research reissued an “outperform” rating and issued a $143.00 price target on shares of Dollar General in a research report on Thursday, August 13th. Gordon Haskett cut shares of Dollar General from a “buy” rating to a “hold” rating and cut their price target for the stock from $140.00 to $110.00 in a research note on Friday, May 22nd. UBS Group reaffirmed a “buy” rating on shares of Dollar General in a report on Wednesday, May 27th. Finally, Morgan Stanley lowered their price objective on Dollar General from $150.00 to $132.00 and set an “equal weight” rating on the stock in a research note on Wednesday, June 3rd. Ten research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $131.92.

Dollar General Stock Performance

NYSE:DG opened at $126.07 on Friday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.25 and a current ratio of 1.17. The firm’s 50-day moving average is $121.23 and its 200-day moving average is $123.17. Dollar General has a 52-week low of $95.11 and a 52-week high of $158.23. The company has a market cap of $27.81 billion, a price-to-earnings ratio of 17.83, a PEG ratio of 1.87 and a beta of 0.23.

Dollar General (NYSE:DG) last issued its quarterly earnings results on Thursday, August 27th. The company reported $2.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.01 by $0.47. Dollar General had a return on equity of 18.65% and a net margin of 3.63%.The firm had revenue of $11.29 billion for the quarter, compared to analyst estimates of $11.20 billion. During the same period in the previous year, the company posted $1.86 earnings per share. The company’s quarterly revenue was up 5.2% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. Equities research analysts anticipate that Dollar General will post 7.38 earnings per share for the current year.

Institutional Trading of Dollar General

Several hedge funds have recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Dollar General by 4.7% during the 1st 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 in the last quarter. NewEdge Advisors LLC grew its holdings 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 purchasing an additional 1,148 shares during the last quarter. Woodline Partners LP increased its stake in shares of Dollar General by 40.7% in the first quarter. Woodline Partners LP now owns 18,580 shares of the company’s stock valued at $1,634,000 after buying an additional 5,373 shares in the last quarter. Sivia Capital Partners LLC acquired a new stake in shares of Dollar General in the second quarter valued at $211,000. Finally, Jump Financial LLC bought a new position in shares of Dollar General in the second quarter valued at about $209,000. Institutional investors and hedge funds own 91.77% of the company’s stock.

Key Headlines Impacting Dollar General

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

• Positive Sentiment: Quarterly earnings beat expectations. Fiscal Q2 sales rose 5.2% year over year to $11.29 billion, ahead of the approximately $11.20 billion consensus estimate. Diluted EPS increased 33.3% to $2.48, exceeding the $2.01 analyst forecast. Dollar General Corporation Reports Second Quarter 2026 Results
• Positive Sentiment: Comparable-store performance and profitability improved. Same-store sales grew 3.5%, driven by a 2.0% increase in customer traffic and a 1.5% increase in average transaction size. Operating profit climbed 29.2% to $769.2 million, while net income rose 33.8% to $550.3 million. Dollar General raises annual comparable sales forecast on steady demand, shares jump
• Positive Sentiment: Management raised fiscal 2026 guidance. Dollar General now expects EPS of $7.80–$8.00, above the prior market consensus near $7.23, and revenue of $44.4–$44.6 billion. The company also expects up to $700 million in share repurchases, supporting shareholder returns. Dollar General Q2 2026 earnings beat, full-year forecast raised
• Positive Sentiment: Shareholder returns and operations received additional support. The board declared a quarterly dividend of $0.59 per share, and Dollar General announced a partnership with RELEX Solutions to use AI-based forecasting and replenishment across its North American stores and distribution network.
• Neutral Sentiment: Higher gasoline prices and ongoing economic uncertainty may be directing more consumers toward Dollar General’s low-priced essentials, but management said its core shopper remains highly budget constrained.
• Negative Sentiment: Industry and macroeconomic risks remain. Consumer-staples stocks declined broadly during part of the session, and elevated inflation, pressure on low-income customers, tariffs, and cautious consumer spending could limit future margin and sales gains.

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.