Dollar General - DG Stock Forecast, Price & News

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Dollar General in the last twelve months. There are currently 3 hold ratings, 10 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" DG shares.
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14 brokers have issued 1 year target prices for Dollar General's stock. Their DG share price forecasts range from $210.00 to $296.00. On average, they predict the company's stock price to reach $268.29 in the next twelve months. This suggests a possible upside of 8.5% from the stock's current price.
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Dollar General's stock was trading at $235.83 at the beginning of 2022. Since then, DG stock has increased by 4.9% and is now trading at $247.38.
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Dollar General saw a increase in short interest in October. As of October 31st, there was short interest totaling 3,970,000 shares, an increase of 7.6% from the October 15th total of 3,690,000 shares. Based on an average daily volume of 1,700,000 shares, the days-to-cover ratio is presently 2.3 days. Approximately 1.8% of the shares of the stock are sold short.
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Dollar General Co. (NYSE:DG) posted its quarterly earnings data on Thursday, December, 2nd. The company reported $2.08 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.01 by $0.07. The business earned $8.52 billion during the quarter, compared to analysts' expectations of $8.50 billion. Dollar General had a trailing twelve-month return on equity of 38.43% and a net margin of 6.49%. The firm's revenue was up 3.9% on a year-over-year basis. During the same quarter last year, the business earned $2.31 earnings per share.
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Dollar General announced a quarterly dividend on Friday, December 2nd. Stockholders of record on Tuesday, January 3rd will be given a dividend of $0.55 per share on Tuesday, January 17th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 0.89%. The ex-dividend date is Friday, December 30th.
Read our dividend analysis for DG.

Dollar General (NYSE:DG) pays an annual dividend of $2.20 per share and currently has a dividend yield of 0.88%. The company has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 21.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DG will have a dividend payout ratio of 17.59% 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 has authorized a stock buyback program on Thursday, December 2nd 2021, which permits the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 3.9% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's management believes its shares are undervalued.

Dollar General issued an update on its fourth quarter 2022 earnings guidance on Thursday, December, 1st. The company provided earnings per share guidance of $3.15-$3.30 for the period, compared to the consensus estimate of $3.67. The company issued revenue guidance of -.

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 institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.02%), BlackRock Inc. (7.91%), Price T Rowe Associates Inc. MD (6.01%), State Street Corp (4.02%), Barrow Hanley Mewhinney & Strauss LLC (1.19%) and Bank of New York Mellon Corp (0.98%). 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 and Todd J Vasos.
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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 $247.38.

Dollar General (NYSE:DG) has a market capitalization of $55.31 billion and generates $34.22 billion in revenue each year. The company earns $2.40 billion in net income (profit) each year or $10.29 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.