Dollar General (NYSE:DG) Trading Up 5.2% – Here’s Why

Dollar General Corporation (NYSE:DG)’s stock price traded up 5.2% during mid-day trading on Monday . The company traded as high as $124.99 and last traded at $125.1410. 417,162 shares were traded during mid-day trading, a decline of 87% from the average session volume of 3,323,203 shares. The stock had previously closed at $118.92.

Analyst Ratings Changes

DG has been the subject of several research analyst reports. Gordon Haskett downgraded shares of Dollar General from a “buy” rating to a “hold” rating and lowered their price objective for the company from $140.00 to $110.00 in a research report on Friday, May 22nd. Telsey Advisory Group decreased their price target on Dollar General from $140.00 to $125.00 and set a “market perform” rating on the stock in a research note on Wednesday, June 3rd. Piper Sandler decreased their price target on Dollar General from $133.00 to $118.00 and set a “neutral” rating on the stock in a research note on Wednesday, June 3rd. Daiwa Securities Group lowered their price target on Dollar General from $136.00 to $111.00 and set a “neutral” rating for the company in a report on Thursday, June 4th. Finally, Loop Capital upped their price objective on Dollar General from $110.00 to $115.00 and gave the stock a “hold” rating in a research report on Wednesday, June 3rd. Ten research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $131.27.

Dollar General Stock Performance

The firm has a market cap of $26.50 billion, a P/E ratio of 16.99, a P/E/G ratio of 1.88 and a beta of 0.25. 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 company’s 50 day moving average is $111.30 and its 200 day moving average is $127.76.

Dollar General (NYSE:DG) last issued 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. The firm had revenue of $10.79 billion for the quarter, compared to analyst estimates of $10.81 billion. Dollar General had a net margin of 3.63% and a return on equity of 18.65%. The company’s quarterly revenue was up 3.4% on a year-over-year basis. During the same quarter last year, the business posted $1.78 earnings per share. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. As a group, equities analysts predict that Dollar General Corporation will post 7.38 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 21st. Investors of record on Tuesday, July 7th will be issued a dividend of $0.59 per share. The ex-dividend date of this dividend is Tuesday, July 7th. This represents a $2.36 annualized dividend and a dividend yield of 2.0%. Dollar General’s dividend payout ratio (DPR) is 33.38%.

Hedge Funds Weigh In On Dollar General

A number of institutional investors and hedge funds have recently bought and sold shares of DG. Vanguard Group Inc. raised its position in Dollar General by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 27,309,045 shares of the company’s stock valued at $3,625,822,000 after purchasing an additional 412,542 shares during the last quarter. State Street Corp grew its holdings in shares of Dollar General by 0.5% during the fourth quarter. State Street Corp now owns 11,017,002 shares of the company’s stock worth $1,462,727,000 after purchasing an additional 53,624 shares during the last quarter. Morgan Stanley increased its stake in shares of Dollar General by 35.0% in the fourth quarter. Morgan Stanley now owns 6,270,333 shares of the company’s stock valued at $832,513,000 after buying an additional 1,624,748 shares during the period. Geode Capital Management LLC increased its stake in shares of Dollar General by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 5,707,809 shares of the company’s stock valued at $754,857,000 after buying an additional 42,936 shares during the period. Finally, AQR Capital Management LLC raised its holdings in Dollar General by 47.9% in the 4th quarter. AQR Capital Management LLC now owns 3,734,500 shares of the company’s stock valued at $495,830,000 after buying an additional 1,208,892 shares during the last quarter. Institutional investors and hedge funds own 91.77% of the company’s stock.

Dollar General Company Profile

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.