Oppenheimer Issues Pessimistic Forecast for Dollar General (NYSE:DG) Stock Price

Key Points

• Oppenheimer lowered its price target on Dollar General from $170 to $150 while keeping an "outperform" rating, signaling a more cautious outlook even though it still sees upside from current levels.
• Wall Street sentiment remains mixed: the consensus rating is now "Hold" with a $139.19 average target, as several firms recently cut targets or ratings while others reaffirmed buy/hold views.
• Dollar General shares rose 5.2% and the company recently topped quarterly expectations, reporting $1.93 EPS and $10.91 billion in revenue, while management guided FY2026 EPS to $7.10-$7.35.

Dollar General (NYSE:DG - Get Free Report) had its price target dropped by stock analysts at Oppenheimer from $170.00 to $150.00 in a report issued on Friday,Benzinga reports. The firm currently has an "outperform" rating on the stock. Oppenheimer's price objective would suggest a potential upside of 36.70% from the company's previous close.

Several other analysts have also recently issued reports on the company. UBS Group reiterated a "buy" rating on shares of Dollar General in a research report on Wednesday. Telsey Advisory Group reiterated a "market perform" rating and set a $140.00 target price on shares of Dollar General in a research report on Tuesday, March 24th. Gordon Haskett cut Dollar General from a "buy" rating to a "hold" rating and cut their target price for the stock from $140.00 to $110.00 in a research report on Friday, May 22nd. BMO Capital Markets increased their target price on Dollar General from $130.00 to $145.00 and gave the stock a "market perform" rating in a research report on Friday, February 13th. Finally, Truist Financial cut their target price on Dollar General from $139.00 to $109.00 and set a "hold" rating for the company in a research report on Wednesday. Twelve investment analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $139.19.

Dollar General Stock Up 5.2%

NYSE DG opened at $109.73 on Friday. The stock's 50-day moving average price is $115.80 and its 200-day moving average price is $128.60. The company has a quick ratio of 0.22, a current ratio of 1.13 and a debt-to-equity ratio of 0.54. Dollar General has a 52 week low of $95.11 and a 52 week high of $158.23. The company has a market capitalization of $24.17 billion, a P/E ratio of 16.02, a price-to-earnings-growth ratio of 1.69 and a beta of 0.28.

Dollar General (NYSE:DG - Get Free Report) last posted its quarterly earnings data on Thursday, March 12th. The company reported $1.93 EPS for the quarter, topping the consensus estimate of $1.57 by $0.36. Dollar General had a return on equity of 18.66% and a net margin of 3.54%.The firm had revenue of $10.91 billion for the quarter, compared to the consensus estimate of $10.78 billion. During the same quarter last year, the company earned $0.87 earnings per share. The business's revenue for the quarter was up 5.9% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. On average, equities research analysts predict that Dollar General will post 7.26 earnings per share for the current year.

Hedge Funds Weigh In On Dollar General

Institutional investors have recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd grew its holdings 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 in the last quarter. Fideuram Asset Management Ireland dac purchased a new position in Dollar General during the 4th quarter valued at approximately $25,000. Annis Gardner Whiting Capital Advisors LLC grew its holdings 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 in the last quarter. Evergreen Advisors LLC purchased a new position in Dollar General during the 1st quarter valued at approximately $25,000. Finally, Reflection Asset Management purchased a new position in Dollar General during the 4th quarter valued at approximately $28,000. Hedge funds and other institutional investors own 91.77% of the company's stock.

Key Dollar General News

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

• Positive Sentiment: Dollar Tree’s beat-and-raise quarter sparked a rally across discount retailers, helping lift Dollar General shares as investors bet the sector is benefiting from resilient demand from lower-income and value-focused shoppers. Dollar General (DG) Shares Skyrocket, What You Need To Know
• Positive Sentiment: News that dollar stores are bucking the broader trend for low-end retailers suggests improving sentiment toward the category, which can support DG’s near-term trading momentum. Dollar Stores’ Stock Rally Bucks the Trend for Low-End Retailers
• Neutral Sentiment: Analysts at Rothschild & Co Redburn mostly tweaked future earnings estimates for Dollar General, with some increases and some cuts, while keeping a Sell rating and $90 target; the mixed revisions are unlikely to be the main driver of the stock’s move. Dollar General Corporation NYSE: DG Free Report
• Neutral Sentiment: UBS said Dollar General is poised to meet expectations for comparable sales growth in Q1, which is supportive but not a major surprise catalyst. Dollar General Poised to Meet Market's Bar for Comparable Sales Growth in Q1, UBS Says
• Negative Sentiment: Investor concerns around a proposed human-rights policy review and the company’s leadership transition could remain a mild overhang, though these headlines were not the main force behind today’s gains. Dollar General Faces Human Rights Vote As Leadership Transition Shapes Valuation

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.