Telsey Advisory Group Issues Positive Forecast for Dollar General (NYSE:DG) Stock Price

Dollar General (NYSE:DG - Get Free Report) had its target price hoisted by analysts at Telsey Advisory Group from $100.00 to $120.00 in a research report issued on Wednesday, MarketBeat.com reports. The brokerage currently has a "market perform" rating on the stock. Telsey Advisory Group's target price suggests a potential upside of 5.42% from the company's previous close. Telsey Advisory Group also issued estimates for Dollar General's Q2 2026 earnings at $1.58 EPS, Q3 2026 earnings at $0.85 EPS, Q4 2026 earnings at $1.60 EPS, Q1 2027 earnings at $1.90 EPS, Q2 2027 earnings at $1.73 EPS, Q3 2027 earnings at $1.02 EPS, Q4 2027 earnings at $1.83 EPS and FY2027 earnings at $6.50 EPS.

DG has been the topic of several other reports. Melius upgraded Dollar General from a "hold" rating to a "buy" rating and set a $110.00 target price on the stock in a research report on Tuesday, April 8th. Oppenheimer raised shares of Dollar General from a "market perform" rating to an "outperform" rating and set a $130.00 price objective for the company in a report on Wednesday. Melius Research raised shares of Dollar General from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, April 8th. Truist Financial lifted their price target on Dollar General from $76.00 to $93.00 and gave the company a "hold" rating in a research report on Tuesday, April 8th. Finally, Piper Sandler raised their target price 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. Fifteen investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Dollar General currently has a consensus rating of "Moderate Buy" and a consensus target price of $109.04.

Dollar General Stock Up 1.8%

Shares of NYSE DG traded up $2.06 during midday trading on Wednesday, reaching $113.83. 4,534,325 shares of the company's stock were exchanged, compared to its average volume of 4,065,162. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.15 and a current ratio of 1.15. Dollar General has a 52-week low of $66.43 and a 52-week high of $135.57. The business's fifty day moving average price is $93.85 and its two-hundred day moving average price is $82.03. The stock has a market capitalization of $25.04 billion, a PE ratio of 18.75, a price-to-earnings-growth ratio of 2.18 and a beta of 0.26.

Dollar General (NYSE:DG - Get Free Report) last issued its quarterly earnings results on Tuesday, June 3rd. The company reported $1.78 EPS for the quarter, topping the consensus estimate of $1.46 by $0.32. The business had revenue of $10.44 billion for the quarter, compared to analysts' expectations of $10.25 billion. Dollar General had a net margin of 3.33% and a return on equity of 18.85%. The company's quarterly revenue was up 5.3% compared to the same quarter last year. During the same quarter last year, the company posted $1.65 earnings per share. Analysts forecast that Dollar General will post 5.75 EPS for the current year.

Insider Buying and Selling

In other Dollar General 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 value of $76,628.48. Following the transaction, the executive vice president now directly owns 48,532 shares in the company, 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 legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.56% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Dollar General

Institutional investors have recently bought and sold shares of the company. Altshuler Shaham Ltd bought a new stake in shares of Dollar General in the fourth quarter valued at $25,000. IMG Wealth Management Inc. purchased a new stake in Dollar General in the 4th quarter worth about $25,000. Providence First Trust Co purchased a new stake in Dollar General in the 4th quarter worth about $33,000. Ameriflex Group Inc. bought a new stake in Dollar General in the 4th quarter valued at about $31,000. Finally, Bogart Wealth LLC lifted its holdings in Dollar General by 279.8% during the fourth quarter. Bogart Wealth LLC now owns 490 shares of the company's stock valued at $37,000 after purchasing an additional 361 shares during the last quarter. Hedge funds and other institutional investors own 91.77% of the company's stock.

About Dollar General

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.