Dollar General Q3 EPS Estimate Boosted by Zacks Research

Key Points

• Zacks Research raised Dollar General’s EPS estimates, including Q3 FY2027 to $1.41 from $1.37 and FY2027 to $7.70. Its FY2028 forecast increased to $8.39, signaling improved longer-term earnings expectations.
• Dollar General’s latest quarter exceeded expectations, with EPS of $2.48 versus the $2.01 consensus and revenue of $11.29 billion, up 5.2% year over year. The company maintained FY2026 guidance of $7.80–$8.00 EPS.
• The stock opened at $124.63, while analysts’ average price target is $135.46 and the consensus rating is “Hold.” Dollar General also declared a quarterly dividend of $0.59 per share, representing a 1.9% yield.

Dollar General Corporation (NYSE:DG - Free Report) - Zacks Research upped their Q3 2027 earnings estimates for Dollar General in a report released on Tuesday, September 15th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $1.41 for the quarter, up from their prior estimate of $1.37. The consensus estimate for Dollar General's current full-year earnings is $7.68 per share. Zacks Research also issued estimates for Dollar General's Q4 2027 earnings at $2.06 EPS, FY2027 earnings at $7.70 EPS, Q1 2028 earnings at $2.22 EPS, Q2 2028 earnings at $2.35 EPS, Q3 2028 earnings at $1.58 EPS, Q4 2028 earnings at $2.24 EPS, FY2028 earnings at $8.39 EPS, Q1 2029 earnings at $2.52 EPS and Q2 2029 earnings at $2.65 EPS.

DG has been the subject of a number of other reports. Jefferies Financial Group decreased their target price on shares of Dollar General from $155.00 to $135.00 and set a "buy" rating for the company in a research report on Wednesday, June 3rd. Oppenheimer reissued an "outperform" rating and issued a $150.00 price objective on shares of Dollar General in a report on Tuesday, August 25th. Raymond James Financial restated an "outperform" rating and issued a $150.00 price objective on shares of Dollar General in a research report on Friday, August 28th. Wolfe Research reiterated an "outperform" rating and set a $143.00 target price on shares of Dollar General in a research report on Thursday, August 13th. Finally, Sanford C. Bernstein reaffirmed an "outperform" rating and set a $160.00 price objective on shares of Dollar General in a report on Friday, August 28th. Ten analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $135.46.

Dollar General Price Performance

Shares of NYSE DG opened at $124.63 on Wednesday. The company has a quick ratio of 0.31, a current ratio of 1.21 and a debt-to-equity ratio of 0.49. Dollar General has a 52 week low of $95.11 and a 52 week high of $158.23. The business's 50 day moving average price is $124.24 and its 200 day moving average price is $121.06. The firm has a market cap of $27.50 billion, a P/E ratio of 16.21, a P/E/G ratio of 1.77 and a beta of 0.23.

Dollar General (NYSE:DG - Get Free Report) last announced its quarterly earnings data on Thursday, August 27th. The company reported $2.48 earnings per share for the quarter, beating analysts' consensus estimates of $2.01 by $0.47. Dollar General had a net margin of 3.90% and a return on equity of 18.93%. 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 earned $1.86 earnings per share. The business'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.

Institutional Trading of Dollar General

Several institutional investors have recently modified their holdings of the stock. Fideuram Asset Management Ireland dac purchased a new stake in shares of Dollar General in the 4th quarter valued at about $25,000. Caitong International Asset Management Co. Ltd raised its position in Dollar General by 4,550.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 186 shares of the company's stock worth $25,000 after buying an additional 182 shares during the last quarter. Evergreen Advisors LLC acquired a new stake in shares of Dollar General in the 1st quarter worth $25,000. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in shares of Dollar General by 69.3% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company's stock valued at $26,000 after acquiring an additional 79 shares in the last quarter. Finally, Reflection Asset Management acquired a new position in shares of Dollar General during the fourth quarter worth about $28,000. Hedge funds and other institutional investors own 91.77% of the company's stock.

Dollar General Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 20th. Shareholders of record on Tuesday, October 6th will be issued a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a yield of 1.9%. The ex-dividend date is Tuesday, October 6th. Dollar General's payout ratio is 30.69%.

Dollar General News Summary

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

• Positive Sentiment: Zacks Research raised multiple long-term EPS forecasts. The firm increased its FY2027 estimate to $7.70 from $7.30 and its FY2028 estimate to $8.39 from $7.99. It also raised estimates for several quarterly periods through Q2 2029, indicating improved expectations for Dollar General’s future earnings power.
• Positive Sentiment: Near- and medium-term quarterly estimates were also upgraded. Zacks lifted forecasts for Q3 2027 to $1.41 from $1.37, Q4 2027 to $2.06 from $1.97, Q1 2028 to $2.22 from $2.14, Q2 2028 to $2.35 from $2.21, Q3 2028 to $1.58 from $1.48, and Q4 2028 to $2.24 from $2.16.
• Positive Sentiment: Investor attention remains elevated. Dollar General recently presented at the Goldman Sachs Global Consumer and Retail Conference, while market coverage noted increased attention to the shares. However, the available reports do not provide specific new guidance or a major strategic announcement. Dollar General Goldman Sachs conference transcript
• Neutral Sentiment: Current-year expectations were unchanged. The consensus forecast remains $7.68 EPS for the current fiscal year, below Zacks’ $7.70 FY2027 estimate. As a result, the upgrades primarily support the longer-term outlook and may have limited immediate impact on trading.
• Negative Sentiment: The positive revisions have not translated into a clear near-term catalyst. With no new earnings release or raised company guidance in the reports, investors may be focusing on valuation and waiting for confirmation in upcoming results. Dollar General’s prior quarter was strong, but the stock can still face short-term selling pressure after a rally.

About Dollar General

Dollar General Corporation NYSE: DG is a discount retailer that operates stores offering everyday essentials at low prices. Its merchandise assortment includes consumable products such as food, snacks, cleaning supplies, paper products, and personal-care items, along with seasonal goods, basic home products, apparel, and select health and beauty products.

The company serves primarily rural and suburban communities, with stores located throughout the United States. Dollar General also operates related retail formats, including DG Market, DGX, and pOpshelf, which offer assortments tailored to different shopping needs and locations.

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