Dollar General FY2029 EPS Forecast Raised by Zacks Research

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Dollar General Corporation (NYSE:DG - Free Report) - Stock analysts at Zacks Research boosted their FY2029 EPS estimates for Dollar General in a research report issued on Tuesday, September 15th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $9.50 for the year, up from their previous forecast of $8.72. The consensus estimate for Dollar General's current full-year earnings is $7.68 per share.

Several other equities research analysts have also recently commented on DG. Wolfe Research reiterated an "outperform" rating and issued a $143.00 price target on shares of Dollar General in a research report on Thursday, August 13th. Oppenheimer restated an "outperform" rating and set a $150.00 price objective on shares of Dollar General in a research report on Tuesday, August 25th. HSBC lowered their price objective on shares of Dollar General from $141.00 to $125.00 and set a "hold" rating on the stock in a research note on Wednesday, June 3rd. Evercore dropped their target price on shares of Dollar General from $145.00 to $140.00 in a report on Wednesday, June 3rd. Finally, The Goldman Sachs Group increased their target price on shares of Dollar General from $128.00 to $141.00 and gave the company a "neutral" rating in a research note on Friday, August 28th. Ten research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $135.46.

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Read Our Latest Report on Dollar General

Dollar General Trading Down 1.5%

Shares of DG stock opened at $122.89 on Thursday. The stock has a 50-day simple moving average of $124.40 and a 200 day simple moving average of $120.84. Dollar General has a fifty-two week low of $95.11 and a fifty-two week high of $158.23. The stock has a market capitalization of $27.11 billion, a P/E ratio of 15.98, a P/E/G ratio of 1.70 and a beta of 0.23. The company has a quick ratio of 0.31, a current ratio of 1.21 and a debt-to-equity ratio of 0.49.

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Dollar General (NYSE:DG - Get Free Report) last issued its quarterly earnings results on Thursday, August 27th. The company reported $2.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.01 by $0.47. Dollar General had a return on equity of 18.93% and a net margin of 3.90%.The company had revenue of $11.29 billion for the quarter, compared to analysts' expectations of $11.20 billion. During the same period last year, the firm earned $1.86 EPS. The firm's revenue for the quarter was up 5.2% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS.

Dollar General Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 20th. Shareholders of record on Tuesday, October 6th will be issued a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Tuesday, October 6th. Dollar General's dividend payout ratio (DPR) is presently 30.69%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in DG. Optimize Financial Inc lifted its position in Dollar General by 1.4% during the fourth quarter. Optimize Financial Inc now owns 5,550 shares of the company's stock worth $737,000 after buying an additional 76 shares during the period. Annis Gardner Whiting Capital Advisors LLC grew its holdings in Dollar General by 69.3% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company's stock valued at $26,000 after buying an additional 79 shares during the period. Hixon Zuercher LLC increased its stake in shares of Dollar General by 0.6% during the 1st quarter. Hixon Zuercher LLC now owns 15,727 shares of the company's stock valued at $1,867,000 after acquiring an additional 93 shares during the last quarter. Ballentine Partners LLC increased its stake in shares of Dollar General by 2.3% during the 2nd quarter. Ballentine Partners LLC now owns 5,470 shares of the company's stock valued at $630,000 after acquiring an additional 122 shares during the last quarter. Finally, Intrust Bank NA lifted its holdings in shares of Dollar General by 2.4% during the 4th quarter. Intrust Bank NA now owns 5,537 shares of the company's stock worth $735,000 after acquiring an additional 128 shares during the period. 91.77% of the stock is owned by hedge funds and other institutional investors.

More Dollar General News

Here are the key news stories impacting Dollar General this week:

• Positive Sentiment: Zacks raises earnings forecasts: Zacks Research lifted its FY2027 EPS estimate to $7.70 from $7.30, FY2028 to $8.39 from $7.99, and FY2029 to $9.50 from $8.72. It also increased estimates for several quarterly periods, signaling improving expectations for Dollar General’s future profitability.
• Positive Sentiment: Broad-based bargain demand: Dollar General’s CEO said consumers earning as much as $100,000 are increasingly shopping like bargain hunters. That trend could support traffic, sales, and market-share gains if household budgets remain pressured. Dollar General CEO says even $100k earners shopping like bargain hunters
• Neutral Sentiment: Holiday merchandise launch: The company introduced an exclusive Simply for You by Hallmark Holiday 2026 collection, adding seasonal merchandise ahead of the important holiday-selling period. The sales impact remains uncertain. Dollar General Debuts Exclusive Simply for You by Hallmark Holiday 2026 Collection
• Neutral Sentiment: Investor focus on valuation: Commentary describes DG as potentially attractive after a 38% five-year decline, but questions whether its long-term cash flows adequately support the current valuation. Shares trade near 16 times earnings, making execution and sustained profit growth important to any recovery. Dollar General (DG) Stock Could Be A Bargain After A 38% Slide

About Dollar General

(Get Free Report)

Dollar General Corporation NYSE: DG is a discount retailer that operates stores offering everyday essentials at low prices. Its merchandise assortment includes consumable products such as food, snacks, cleaning supplies, paper products, and personal-care items, along with seasonal goods, basic home products, apparel, and select health and beauty products.

The company serves primarily rural and suburban communities, with stores located throughout the United States. Dollar General also operates related retail formats, including DG Market, DGX, and pOpshelf, which offer assortments tailored to different shopping needs and locations.

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