Loop Capital Increases Earnings Estimates for Dollar General

Key Points

• Loop Capital raised its earnings outlook for Dollar General, increasing its Q1 2028 EPS estimate to $2.11 from $1.93 while keeping a Hold rating and a $115 price target.
• Dollar General’s latest quarterly results beat expectations, with EPS of $2.00 versus the $1.89 consensus, though revenue came in just below estimates at $10.79 billion.
• The company continues to reward shareholders with a quarterly dividend of $0.59 per share, equal to a 2.2% annualized yield, while analysts overall remain mixed with a consensus Hold rating.

Dollar General Corporation (NYSE:DG - Free Report) - Analysts at Loop Capital lifted their Q1 2028 earnings per share (EPS) estimates for shares of Dollar General in a research report issued to clients and investors on Monday, June 8th. Loop Capital analyst A. Chukumba now anticipates that the company will post earnings of $2.11 per share for the quarter, up from their prior forecast of $1.93. Loop Capital currently has a "Hold" rating and a $115.00 target price on the stock. The consensus estimate for Dollar General's current full-year earnings is $7.33 per share. Loop Capital also issued estimates for Dollar General's Q2 2028 earnings at $2.27 EPS, Q3 2028 earnings at $1.62 EPS, Q4 2028 earnings at $2.11 EPS, FY2030 earnings at $9.47 EPS and FY2031 earnings at $10.09 EPS.

A number of other brokerages have also recently commented on DG. Oppenheimer dropped their price target on Dollar General from $170.00 to $150.00 and set an "outperform" rating on the stock in a research report on Friday, May 29th. HSBC decreased their price objective on shares of Dollar General from $141.00 to $125.00 and set a "hold" rating for the company in a report on Wednesday, June 3rd. Wolfe Research restated an "outperform" rating and issued a $165.00 price objective on shares of Dollar General in a report on Thursday, March 12th. Guggenheim decreased their price objective on shares of Dollar General from $160.00 to $140.00 and set a "buy" rating for the company in a report on Wednesday, June 3rd. Finally, Wall Street Zen lowered shares of Dollar General from a "buy" rating to a "hold" rating in a report on Saturday, April 4th. Ten equities research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $131.27.

Dollar General Stock Performance

Shares of DG opened at $109.34 on Wednesday. The company has a quick ratio of 0.25, a current ratio of 1.17 and a debt-to-equity ratio of 0.52. The business's 50 day moving average price is $113.45 and its 200-day moving average price is $128.83. Dollar General has a 52 week low of $95.11 and a 52 week high of $158.23. The stock has a market cap of $24.12 billion, a P/E ratio of 15.46, a P/E/G ratio of 1.63 and a beta of 0.26.

Dollar General (NYSE:DG - Get Free Report) last issued its quarterly earnings results on Tuesday, June 2nd. The company reported $2.00 EPS for the quarter, topping analysts' consensus estimates of $1.89 by $0.11. Dollar General had a return on equity of 18.65% and a net margin of 3.63%.The firm had revenue of $10.79 billion for the quarter, compared to analysts' expectations of $10.81 billion. During the same period in the previous year, the firm posted $1.78 EPS. The business's revenue for the quarter was up 3.4% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS.

Dollar General Announces Dividend

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 $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Tuesday, July 7th. Dollar General's payout ratio is presently 33.38%.

Institutional Investors Weigh In On Dollar General

A number of hedge funds have recently added to or reduced their stakes in DG. Fideuram Asset Management Ireland dac purchased a new stake in Dollar General during the 4th quarter valued at $25,000. Caitong International Asset Management Co. Ltd raised its stake 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 valued at $25,000 after buying an additional 182 shares during the last quarter. Evergreen Advisors LLC purchased a new stake in Dollar General during the 1st quarter valued at $25,000. Annis Gardner Whiting Capital Advisors LLC raised its stake in Dollar General by 69.3% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company's stock valued at $26,000 after buying an additional 79 shares during the last quarter. Finally, Reflection Asset Management purchased a new stake in Dollar General during the 4th quarter valued at $28,000. 91.77% of the stock is currently owned by hedge funds and other institutional investors.

More Dollar General News

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

• Positive Sentiment: Dollar General reported a solid Q1 with sales of about $10.8 billion and earnings per share of $2.00, topping estimates, while also raising full-year 2026 guidance for net sales and diluted EPS. The company also declared a $0.59 quarterly dividend, reinforcing confidence in cash generation. What Dollar General (DG)'s Strong Q1 Beat, Guidance Hike and Dividend Move Means For Shareholders
• Positive Sentiment: Same-store sales rose 2% in the quarter, driven by higher traffic and broad-based strength across categories, suggesting the business is still gaining momentum and may support further growth ahead. Dollar General's Same-Store Sales Strength Suggests More Growth Ahead
• Positive Sentiment: Analysts and market commentators highlighted Dollar General as a value-oriented defensive name and noted that the shares have been outperforming on a strong trading day, which may be adding to investor interest. Dollar General Corp. stock outperforms competitors on strong trading day
• Neutral Sentiment: Several articles focused on analyst questions, style-score rankings, and comparisons with other consumer stocks, but these were mostly commentary rather than new business developments. Here's Why Dollar General (DG) is a Strong Value Stock
• Neutral Sentiment: Analysts remain mixed on Dollar General, indicating some uncertainty about how quickly the company can sustain its recent improvement. Analysts Conflicted on These Consumer Goods Names: Dollar General (DG) and Natural Grocers (NGVC)
• Negative Sentiment: Despite the better quarter, one recap noted that the market initially reacted negatively to the earnings call because investors still have concerns about external pressures and competitive dynamics. 5 Insightful Analyst Questions From Dollar General’s Q1 Earnings Call

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.

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