Dollar General - DG Stock Forecast, Price & News

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dollar General in the last year. There are currently 6 hold ratings, 8 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" DG shares.
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16 brokers have issued 1-year price objectives for Dollar General's shares. Their DG share price forecasts range from $214.00 to $296.00. On average, they predict the company's share price to reach $248.75 in the next twelve months. This suggests a possible upside of 19.8% from the stock's current price.
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Dollar General's stock was trading at $246.25 at the beginning of the year. Since then, DG stock has decreased by 15.7% and is now trading at $207.60.
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Dollar General saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 4,660,000 shares, an increase of 16.8% from the February 13th total of 3,990,000 shares. Based on an average daily volume of 2,010,000 shares, the short-interest ratio is presently 2.3 days. Currently, 2.1% of the company's stock are short sold.
View Dollar General's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 25th 2023.
View our DG earnings forecast.

Dollar General Co. (NYSE:DG) issued its quarterly earnings data on Thursday, March, 16th. The company reported $2.96 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.94 by $0.02. The firm had revenue of $10.20 billion for the quarter, compared to analyst estimates of $10.24 billion. Dollar General had a trailing twelve-month return on equity of 40.63% and a net margin of 6.38%. The firm's revenue was up 17.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.57 earnings per share.
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Dollar General announced a quarterly dividend on Thursday, March 16th. Stockholders of record on Tuesday, April 11th will be given a dividend of $0.59 per share on Tuesday, April 25th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date of this dividend is Monday, April 10th. This is an increase from the stock's previous quarterly dividend of $0.55.
Read our dividend analysis for DG.

ETFs with the largest weight of Dollar General (NYSE:DG) stock in their portfolio include Optimize AI Smart Sentiment Event-Driven ETF (OAIE), Natixis Vaughan Nelson Select ETF (VNSE), Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN), VanEck Retail ETF (RTH), iShares U.S. Consumer Focused ETF (IEDI), Touchstone Dividend Select ETF (DVND), Consumer Staples Select Sector SPDR Fund (XLP) and ASYMmetric Smart S&P 500 ETF (ASPY).

Dollar General (NYSE:DG) pays an annual dividend of $2.20 per share and currently has a dividend yield of 1.07%. 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 20.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DG will have a dividend payout ratio of 17.67% 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 approved a stock buyback program on Thursday, December 2nd 2021, which authorizes the company to buyback $2,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 3.9% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's leadership believes its stock is undervalued.

Dollar General issued an update on its FY 2023 earnings guidance on Thursday, March, 16th. The company provided earnings per share guidance of $11.11-$11.32 for the period, compared to the consensus estimate of $11.43. The company issued revenue guidance of $39.93 billion-$40.12 billion, compared to the consensus revenue estimate of $40.07 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 a variety of institutional and retail investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (6.15%), Morgan Stanley (2.12%), Geode Capital Management LLC (1.89%), Alliancebernstein L.P. (1.43%), T. Rowe Price Investment Management Inc. (1.31%) and Norges Bank (1.03%). Insiders that own company stock include Anita C Elliott, Antonio Zuazo, Carman R Wenkoff, Emily C Taylor, John W Garratt, Michael J Kindy, Patricia Filikrushel, Rhonda Taylor, Steven G Sunderland, 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 $207.60.

Dollar General (NYSE:DG) has a market capitalization of $45.49 billion and generates $37.84 billion in revenue each year. The company earns $2.42 billion in net income (profit) each year or $10.68 on an earnings per share basis.

The company employs 163,000 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.