Dollar General (DG) Stock Forecast, Price & News

22 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Dollar General in the last year. There are currently 2 sell ratings, 15 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" DG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DG, but not buy additional shares or sell existing shares.
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22 equities research analysts have issued 12-month price targets for Dollar General's stock. Their DG share price forecasts range from $102.00 to $235.00. On average, they anticipate the company's share price to reach $156.22 in the next year. This suggests a possible upside of 44.5% from the stock's current price.
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Dollar General's stock was trading at $246.25 at the start of the year. Since then, DG stock has decreased by 56.1% and is now trading at $108.14.
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Dollar General saw a increase in short interest in August. As of August 31st, there was short interest totaling 4,600,000 shares, an increase of 10.8% from the August 15th total of 4,150,000 shares. Based on an average daily volume of 3,240,000 shares, the short-interest ratio is currently 1.4 days. Approximately 2.1% of the shares of the stock are short sold.
View Dollar General's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, December 7th 2023.
View our DG earnings forecast.

Dollar General Co. (NYSE:DG) issued its quarterly earnings results on Thursday, August, 31st. The company reported $2.13 earnings per share for the quarter, missing analysts' consensus estimates of $2.47 by $0.34. The business earned $9.80 billion during the quarter, compared to analysts' expectations of $9.93 billion. Dollar General had a net margin of 5.59% and a trailing twelve-month return on equity of 36.34%. The business's quarterly revenue was up 3.9% on a year-over-year basis. During the same period last year, the company earned $2.98 EPS.
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Dollar General declared a quarterly dividend on Wednesday, August 30th. Investors of record on Tuesday, October 10th will be paid a dividend of $0.59 per share on Tuesday, October 24th. This represents a $2.36 annualized dividend and a yield of 2.18%. The ex-dividend date is Friday, October 6th.
Read our dividend analysis for DG.

ETFs with the largest weight of Dollar General (NYSE:DG) stock in their portfolio include Natixis Vaughan Nelson Select ETF (VNSE), Invesco S&P 500 Equal Weight Consumer Staples ETF (RHS), Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS), VanEck Retail ETF (RTH), Nuveen Dividend Growth ETF (NDVG), Consumer Staples Select Sector SPDR Fund (XLP), iShares U.S. Consumer Focused ETF (IEDI) and Pacer CFRA-Stovall Equal Weight Seasonal Rotation Index ETF (SZNE).

Dollar General (NYSE:DG) pays an annual dividend of $2.36 per share and currently has a dividend yield of 2.18%. The company has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 24.18%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DG will have a dividend payout ratio of 27.67% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DG.

Dollar General announced that its Board of Directors has authorized a share buyback program on Thursday, December 2nd 2021, which allows the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 3.9% of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its shares are undervalued.

Dollar General issued an update on its FY 2023 earnings guidance on Friday, September, 1st. The company provided EPS guidance of $7.10-$8.30 for the period, compared to the consensus EPS estimate of $10.01. The company issued revenue guidance of $38.34 billion-$39.09 billion, compared to the consensus revenue estimate of $39.32 billion.

2,238 employees have rated Dollar General Chief Executive Officer Todd Vasos on Glassdoor.com. Todd Vasos has an approval rating of 48% among the company's employees. This puts Todd Vasos in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Dollar General investors own include NVIDIA (NVDA), Walmart (WMT), Home Depot (HD), Walt Disney (DIS), Alibaba Group (BABA), Intel (INTC), Visa (V), Salesforce (CRM), Johnson & Johnson (JNJ) and Costco Wholesale (COST).

Dollar General trades on the New York Stock Exchange (NYSE) under the ticker symbol "DG."

Dollar General's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (8.48%), Capital International Investors (6.88%), Capital World Investors (4.92%), State Street Corp (4.44%), Geode Capital Management LLC (1.92%) and Longview Partners Guernsey LTD (1.24%). Insiders that own company stock include Anita C Elliott, Antonio Zuazo, Carman R Wenkoff, Emily C Taylor, Jeffery Owen, John W Garratt, Michael M Calbert, Patricia Filikrushel, Rhonda Taylor, Timothy I Mcguire, Todd J Vasos and Warren F Bryant.
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Shares of DG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of DG stock can currently be purchased for approximately $108.14.

Dollar General (NYSE:DG) has a market capitalization of $23.73 billion and generates $37.84 billion in revenue each year. The company earns $2.42 billion in net income (profit) each year or $9.76 on an earnings per share basis.

The company employs 170,000 workers across the globe.

Dollar General's mailing address is 100 MISSION RIDGE, GOODLETTSVILLE TN, 37072. The official website for the company is www.dollargeneral.com. The company can be reached via phone at (615) 855-4000 or via fax at 615-386-9936.