Dollar General (NYSE:DG) Price Target Raised to $170.00

Dollar General (NYSE:DG) had its price objective upped by Oppenheimer from $145.00 to $170.00 in a report published on Tuesday morning, MarketBeat.com reports. They currently have an outperform rating on the stock.

A number of other research analysts also recently issued reports on DG. Wolfe Research boosted their target price on shares of Dollar General from $141.00 to $159.00 and gave the company an “outperform” rating in a research report on Monday, December 22nd. The Goldman Sachs Group upgraded Dollar General from a “strong sell” rating to a “hold” rating in a research note on Friday, December 5th. Weiss Ratings reissued a “hold (c-)” rating on shares of Dollar General in a report on Monday, December 29th. JPMorgan Chase & Co. raised their target price on Dollar General from $166.00 to $170.00 and gave the stock an “overweight” rating in a report on Friday, January 9th. Finally, BNP Paribas Exane lifted their price target on Dollar General from $118.00 to $127.00 and gave the company a “neutral” rating in a research report on Friday, December 5th. Fourteen analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $145.85.

Dollar General Trading Down 0.5%

Dollar General stock opened at $153.98 on Tuesday. The stock has a 50-day moving average price of $145.36 and a 200 day moving average price of $121.12. The company has a market capitalization of $33.89 billion, a price-to-earnings ratio of 26.59, a price-to-earnings-growth 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. The company has a quick ratio of 0.24, a current ratio of 1.17 and a debt-to-equity ratio of 0.63.

Dollar General (NYSE:DG) last issued its quarterly earnings results on Thursday, December 4th. The company reported $1.28 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.33. Dollar General had a net margin of 3.03% and a return on equity of 18.59%. The company had revenue of $10.65 billion for the quarter, compared to the consensus estimate of $10.60 billion. During the same quarter in the prior year, the company earned $0.89 EPS. Dollar General’s quarterly revenue was up 4.6% on a year-over-year basis. Dollar General has set its FY 2025 guidance at 6.300-6.500 EPS. Sell-side analysts anticipate that Dollar General will post 5.75 EPS for the current year.

Dollar General Announces Dividend

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

Insider Activity

In related news, CAO Anita C. Elliott sold 2,516 shares of Dollar General stock in a transaction on Friday, December 12th. The shares were sold at an average price of $132.52, for a total value of $333,420.32. Following the sale, the chief accounting officer owned 29,344 shares of the company’s stock, valued at approximately $3,888,666.88. This trade represents a 7.90% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Carman R. Wenkoff sold 19,166 shares of the company’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $132.01, for a total transaction of $2,530,103.66. Following 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 disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 58,673 shares of company stock worth $7,713,389. Insiders own 0.56% of the company’s stock.

Hedge Funds Weigh In On Dollar General

Hedge funds and other institutional investors have recently modified their holdings of the business. Tempo Wealth LLC acquired a new position in Dollar General during the fourth quarter worth about $281,000. MidFirst Bank purchased a new position in Dollar General in the 4th quarter worth approximately $226,000. Virtu Financial LLC acquired a new position in shares of Dollar General during the 4th quarter worth approximately $411,000. Blue Capital Inc. purchased a new stake in shares of Dollar General in the fourth quarter valued at approximately $212,000. Finally, Dean Capital Management increased its holdings in shares of Dollar General by 3.2% in the fourth quarter. Dean Capital Management now owns 23,017 shares of the company’s stock valued at $3,056,000 after purchasing an additional 709 shares during the last quarter. 91.77% of the stock is owned by hedge funds and other institutional investors.

Dollar General News Roundup

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)

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.