What is HSBC’s Forecast for Dollar General FY2028 Earnings?

Dollar General Corporation (NYSE:DG) – Stock analysts at HSBC decreased their FY2028 earnings per share (EPS) estimates for shares of Dollar General in a research note issued on Monday, May 18th. HSBC analyst D. Bretthauer now anticipates that the company will post earnings per share of $7.29 for the year, down from their prior forecast of $8.03. The consensus estimate for Dollar General’s current full-year earnings is $7.28 per share. HSBC also issued estimates for Dollar General’s FY2029 earnings at $8.06 EPS, FY2030 earnings at $8.79 EPS and FY2031 earnings at $9.49 EPS.

Dollar General (NYSE:DG) last released its quarterly earnings results on Thursday, March 12th. The company reported $1.93 EPS for the quarter, beating analysts’ consensus estimates of $1.57 by $0.36. The business had revenue of $10.91 billion during the quarter, compared to analyst estimates of $10.78 billion. Dollar General had a return on equity of 18.66% and a net margin of 3.54%.Dollar General’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.87 EPS. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS.

Other equities research analysts have also issued reports about the company. Sanford C. Bernstein lowered their price target on Dollar General from $150.00 to $146.00 and set an “outperform” rating for the company in a research report on Wednesday, March 25th. Truist Financial set a $139.00 price target on Dollar General in a research report on Thursday, March 12th. Jefferies Financial Group lowered their price target on Dollar General from $170.00 to $155.00 and set a “buy” rating for the company in a research report on Monday. Wall Street Zen lowered Dollar General from a “buy” rating to a “hold” rating in a research report on Saturday, April 4th. Finally, Morgan Stanley lowered their price target on Dollar General from $160.00 to $150.00 and set an “equal weight” rating for the company in a research report on Friday, March 13th. Thirteen research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Dollar General has a consensus rating of “Hold” and a consensus price target of $143.62.

Dollar General Trading Up 1.0%

NYSE DG opened at $104.53 on Thursday. The firm has a market capitalization of $23.02 billion, a P/E ratio of 15.26, a PEG ratio of 1.67 and a beta of 0.28. The business has a fifty day simple moving average of $119.58 and a 200 day simple moving average of $128.31. Dollar General has a 12 month low of $95.11 and a 12 month high of $158.23. The company has a current ratio of 1.13, a quick ratio of 0.22 and a debt-to-equity ratio of 0.54.

Dollar General Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 21st. Stockholders of record on Tuesday, April 7th were given a dividend of $0.59 per share. The ex-dividend date of this dividend was Tuesday, April 7th. This represents a $2.36 annualized dividend and a dividend yield of 2.3%. Dollar General’s dividend payout ratio (DPR) is currently 34.45%.

Institutional Investors Weigh In On Dollar General

Large investors have recently made changes to their positions in the business. Calamos Advisors LLC increased its position in shares of Dollar General by 32.9% during the 4th quarter. Calamos Advisors LLC now owns 245,473 shares of the company’s stock valued at $32,591,000 after purchasing an additional 60,746 shares during the last quarter. Bryn Mawr Trust Advisors LLC purchased a new stake in Dollar General in the 3rd quarter worth about $8,803,000. Arista Wealth Management LLC purchased a new stake in Dollar General in the 3rd quarter worth about $351,000. Park Capital Management LLC WI purchased a new stake in Dollar General in the 4th quarter worth about $1,245,000. Finally, Allianz Asset Management GmbH increased its holdings in Dollar General by 16.3% in the 3rd quarter. Allianz Asset Management GmbH now owns 805,645 shares of the company’s stock worth $83,263,000 after acquiring an additional 112,862 shares during the last quarter. 91.77% of the stock is owned by hedge funds and other institutional investors.

Dollar General News Summary

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

• Positive Sentiment: Zacks highlighted Dollar General as a potential earnings beat candidate, citing its strong history of surprising to the upside and a favorable setup in its next quarterly report. Will Dollar General (DG) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: HSBC raised its FY2027 EPS estimate for Dollar General to $7.32 from $7.29, which signals modestly improved longer-term profit expectations. HSBC estimate updates for Dollar General
• Positive Sentiment: Multiple articles also framed DG as a value stock, suggesting investors may see support from its lower valuation after recent weakness. Assessing Dollar General (DG) Valuation After Recent Share Price Weakness
• Neutral Sentiment: HSBC and KeyCorp mainly made small forecast revisions for 2027 earnings, with no major change to their overall stance; that keeps sentiment mixed rather than strongly directional. Analyst estimate changes for Dollar General
• Neutral Sentiment: Recent coverage of digital initiatives and customer-experience awards may support the long-term investment story, but it does not appear to be a near-term stock-moving catalyst. Dollar General Awards Spotlight Digital Push As Shares Trade Below Targets
• Negative Sentiment: Valuation-focused coverage noted that Dollar General’s shares have fallen sharply over the past month and quarter, reflecting weaker momentum and investor caution. Assessing Dollar General (DG) Valuation After Recent Share Price Weakness
• Negative Sentiment: Rothschild & Co Redburn reportedly lowered its price target to $90, indicating at least some analysts remain skeptical about near-term upside. Dollar General (NYSE:DG) Price Target Lowered to $90.00 at Rothschild & Co Redburn

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.