Telsey Advisory Group Forecasts Strong Price Appreciation for Dollar General (NYSE:DG) Stock

Dollar General (NYSE:DG - Free Report) had its price objective lifted by Telsey Advisory Group from $85.00 to $100.00 in a research report sent to investors on Tuesday, Marketbeat Ratings reports. They currently have a market perform rating on the stock. Telsey Advisory Group also issued estimates for Dollar General's Q1 2027 earnings at $1.68 EPS, Q2 2027 earnings at $1.68 EPS, Q3 2027 earnings at $1.09 EPS and Q4 2027 earnings at $1.85 EPS.

Several other research firms also recently weighed in on DG. Guggenheim boosted their price target on Dollar General from $100.00 to $105.00 and gave the company a "buy" rating in a research note on Thursday, May 8th. Piper Sandler increased their price target on shares of Dollar General from $79.00 to $81.00 and gave the stock a "neutral" rating in a report on Friday, March 14th. Sanford C. Bernstein set a $120.00 price target on shares of Dollar General in a research report on Friday, May 23rd. Citigroup raised shares of Dollar General from a "sell" rating to a "neutral" rating and upped their price objective for the company from $69.00 to $101.00 in a report on Monday, April 7th. Finally, Melius Research raised shares of Dollar General from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 8th. One analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $97.96.

Dollar General Stock Down 3.3%

Shares of DG stock traded down $3.30 on Tuesday, hitting $97.68. The stock had a trading volume of 3,154,151 shares, compared to its average volume of 4,028,601. Dollar General has a one year low of $66.43 and a one year high of $145.50. The business has a 50 day moving average price of $92.01 and a 200 day moving average price of $81.10. The company has a market cap of $21.48 billion, a PE ratio of 16.09, a P/E/G ratio of 2.18 and a beta of 0.27. The company has a quick ratio of 0.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.78.

Dollar General (NYSE:DG - Get Free Report) last posted its quarterly earnings results on Thursday, March 13th. The company reported $1.68 EPS for the quarter, beating the consensus estimate of $1.51 by $0.17. Dollar General had a net margin of 3.33% and a return on equity of 18.85%. The business had revenue of $10.30 billion during the quarter, compared to analyst estimates of $10.26 billion. During the same quarter in the previous year, the business posted $1.83 EPS. The company's quarterly revenue was up 4.5% compared to the same quarter last year. Research analysts anticipate that Dollar General will post 5.75 earnings per share for the current fiscal year.

Dollar General Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 22nd. Shareholders of record on Tuesday, April 8th were given a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 2.42%. The ex-dividend date of this dividend was Tuesday, April 8th. Dollar General's dividend payout ratio is presently 46.18%.

Insider Buying and Selling at Dollar General

In other news, EVP Emily C. Taylor sold 809 shares of the business's stock in a transaction dated Friday, April 4th. The shares were sold at an average price of $94.72, for a total transaction of $76,628.48. Following the completion of the sale, the executive vice president now owns 48,532 shares of the company's stock, valued at $4,596,951.04. The trade was a 1.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 0.56% of the company's stock.

Institutional Investors Weigh In On Dollar General

Several institutional investors have recently bought and sold shares of the company. SBI Securities Co. Ltd. acquired a new stake in Dollar General during the 4th quarter worth $57,000. DAVENPORT & Co LLC lifted its stake in shares of Dollar General by 5,624.9% in the fourth quarter. DAVENPORT & Co LLC now owns 321,623 shares of the company's stock worth $24,385,000 after buying an additional 316,005 shares in the last quarter. Matrix Asset Advisors Inc. NY acquired a new position in Dollar General during the fourth quarter worth about $6,158,000. Oppenheimer & Co. Inc. grew its stake in Dollar General by 81.4% during the 4th quarter. Oppenheimer & Co. Inc. now owns 5,648 shares of the company's stock valued at $428,000 after acquiring an additional 2,534 shares in the last quarter. Finally, Private Advisor Group LLC grew its stake in Dollar General by 9.5% during the 4th quarter. Private Advisor Group LLC now owns 6,066 shares of the company's stock valued at $460,000 after acquiring an additional 524 shares in the last quarter. 91.77% of the stock is currently owned by institutional investors and hedge funds.

Dollar General Company Profile

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. It offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, disinfectants, and laundry products; packaged food comprising cereals, pasta, canned soups, fruits and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine.