Zacks Research Cuts Earnings Estimates for Dollar General

Dollar General Corporation (NYSE:DG - Free Report) - Equities researchers at Zacks Research lowered their Q2 2026 EPS estimates for Dollar General in a report issued on Tuesday, June 17th. Zacks Research analyst S. Singh now expects that the company will post earnings of $1.54 per share for the quarter, down from their prior estimate of $1.57. The consensus estimate for Dollar General's current full-year earnings is $5.75 per share. Zacks Research also issued estimates for Dollar General's Q3 2026 earnings at $0.91 EPS, Q4 2026 earnings at $1.52 EPS, Q2 2027 earnings at $1.72 EPS, Q1 2028 earnings at $2.11 EPS and FY2028 earnings at $7.00 EPS.

Dollar General (NYSE:DG - Get Free Report) last released its quarterly earnings data on Tuesday, June 3rd. The company reported $1.78 EPS for the quarter, beating the consensus estimate of $1.46 by $0.32. Dollar General had a return on equity of 17.93% and a net margin of 2.81%. The company had revenue of $10.44 billion for the quarter, compared to analysts' expectations of $10.25 billion. During the same period last year, the firm posted $1.65 earnings per share. Dollar General's revenue was up 5.3% compared to the same quarter last year.

Other analysts have also issued research reports about the company. UBS Group increased their target price on Dollar General from $120.00 to $128.00 and gave the stock a "buy" rating in a research note on Wednesday, June 4th. Sanford C. Bernstein set a $120.00 price objective on Dollar General in a report on Friday, May 23rd. Deutsche Bank Aktiengesellschaft restated a "hold" rating and set a $80.00 price objective (down from $90.00) on shares of Dollar General in a report on Monday, March 3rd. Guggenheim raised their price objective on Dollar General from $100.00 to $105.00 and gave the stock a "buy" rating in a report on Thursday, May 8th. Finally, Oppenheimer upgraded Dollar General from a "market perform" rating to an "outperform" rating and set a $130.00 price target on the stock in a research note on Wednesday, June 4th. Fifteen analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $109.04.

Dollar General Price Performance

Dollar General stock traded down $0.84 during mid-day trading on Thursday, reaching $111.47. 4,972,260 shares of the company's stock traded hands, compared to its average volume of 4,100,673. The stock has a 50 day moving average of $99.44 and a two-hundred day moving average of $85.07. The company has a quick ratio of 0.20, a current ratio of 1.23 and a debt-to-equity ratio of 0.74. The company has a market cap of $24.53 billion, a price-to-earnings ratio of 21.27, a PEG ratio of 2.91 and a beta of 0.26. Dollar General has a 12-month low of $66.43 and a 12-month high of $135.46.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of DG. First Eagle Investment Management LLC bought a new stake in Dollar General in the fourth quarter valued at about $399,433,000. ACR Alpine Capital Research LLC grew its position in Dollar General by 8,426.1% in the 4th quarter. ACR Alpine Capital Research LLC now owns 4,041,471 shares of the company's stock valued at $306,424,000 after buying an additional 3,994,070 shares in the last quarter. Norges Bank bought a new position in shares of Dollar General in the fourth quarter valued at approximately $140,421,000. Two Sigma Investments LP boosted its holdings in shares of Dollar General by 323.1% in the fourth quarter. Two Sigma Investments LP now owns 2,354,135 shares of the company's stock valued at $178,491,000 after acquiring an additional 1,797,776 shares in the last quarter. Finally, Pacer Advisors Inc. boosted its stake in Dollar General by 5,440.2% during the 1st quarter. Pacer Advisors Inc. now owns 1,582,569 shares of the company's stock valued at $139,155,000 after purchasing an additional 1,554,004 shares in the last quarter. 91.77% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, EVP Kathleen A. Reardon sold 6,438 shares of the stock in a transaction dated Thursday, June 12th. The stock was sold at an average price of $111.56, for a total transaction of $718,223.28. Following the transaction, the executive vice president now directly owns 41,646 shares in the company, valued at approximately $4,646,027.76. This represents a 13.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Emily C. Taylor sold 1,969 shares of the stock in a transaction dated Tuesday, June 17th. The stock was sold at an average price of $113.00, for a total transaction of $222,497.00. Following the transaction, the executive vice president now owns 46,563 shares in the company, valued at approximately $5,261,619. The trade was a 4.06% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 9,216 shares of company stock worth $1,017,349. Company insiders own 0.56% of the company's stock.

Dollar General Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 22nd. Investors of record on Tuesday, July 8th will be paid a dividend of $0.59 per share. The ex-dividend date is Tuesday, July 8th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.12%. Dollar General's payout ratio is 45.04%.

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.