How to Buy Dollar General Stock
Dollar General Corp
Dollar General is a discount store company located in Tennessee, United States, which is part of the Consumer Defensive sector, and is traded under the ticker DG on the NYSE exchange.
Dollar General stock last closed at $210.09, down 0.11% from the previous day, and has decreased 8.02% in one year. It has overperformed other stocks in the Discount Stores industry by 0.03 percentage points. Dollar General stock is currently +14.65% from its 52-week low of $183.25, and -19.88% from its 52-week high of $262.21.
As of Mar 21, 2023, there are 223.57M shares of DG outstanding. The market cap of DG is $46.97B. In the last 24 hours, 1.75M DG shares were traded.
How to Buy Dollar General Stock
Wondering how to invest in Dollar General stock? Here's how.
- Choose where to buy Dollar General stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you figure out where to buy Dollar General stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Choose your payment method and add your details.
- Research Dollar General stock: The Dollar General ticker symbol is DG. Is Dollar General stock a good investment? Should you buy shares of DG? How do DG's underlying business fundamentals look? Do top analysts think Dollar General is a good buy? Why has DG's stock price moved recently? (Hint: Our stock market research website can help you decide if DG is a good stock to buy).
- Make your DG buy order: Decide if you will purchase DG shares at the current market price or use a limit order to purchase DG stock at a specific price.
- Get the latest scoop on your investment in DG: Create a watchlist to get live updates on your investment in Dollar General stock.
Step 1: Choose where to buy Dollar General stock
You will need an online brokerage account in order to access the NYSE market and buy DG shares.
Our recommended brokerage: eToro
Based on our analysis, eToro is the best place to buy stocks. Here's why:
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- Social investing: eToro boasts a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
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Get $10 towards your purchase of shares by signing up for an account with eToro today.
Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal details so you are able to invest in DG today.
How to Open a New Account on eToro
- Click here to get started.
- Provide your personal info to open your new trading account.
- Submit your application by pressing the "Create Account" button.
Step 3: Fund your brokerage account
Now that you've created your account on app for stock market, your next step is to transfer the money for your investment:
Check out the video below to see the process of transferring funds into your brokerage account.
Step 4: Research Dollar General stock
After you have figured out the best place to buy Dollar General stock, it's very important to evaluate their stock prior to investing, so you truly wrap your head around the risk and upside.
Dollar General quick stats
DG Zen Score
WallStreetZen was created to help part-time investors perform more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on DG's stock page.
Is DG stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge DG's intrinsic value.
Using relative valuations metrics:
- DG could be undervalued based on its P/E ratio of 20.32x, relative to Discount Stores industry P/E ratio of 31.6x
- DG may be overvalued based on its P/B ratio of 7.71x, relative to Discount Stores industry P/B ratio of 5.9x
- DG may be overvalued based on its PEG ratio of 1.39x
You can do additional valuation research on DG's stock here.
A look at DG Cashflows and Balance Sheet
Passed Financial Due Diligence Checks:
- DG earnings of $3.19B is not sufficient to cover its interest payments.
- There are more short-term assets than short-term liabilities on the DG balance sheet.
Failed Financial Due Diligence Checks:
- There are more long-term liabilities than short-term assets on the DG balance sheet.
- Total DG debt is higher than 5 years ago, relative to shareholder equity.
- DG profit margin has gone down from 7.2% to 6.5% in the past year.
- DG has a relatively high debt to equity ratio of 3.76.
- DG's operating cash flow of $1.89B allows it to safely service it's debt of $16.44B.
Is DG stock a Buy, Hold, or Sell, according to analysts?
Out of 15 sell side analysts who monitor DG, the consensus analyst rating on Dollar General is a Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
Latest DG Analyst Ratings
Paul Lejuez, a top 3% analyst from Citigroup maintains DG with a hold rating and lowers their DG price target from $240.00 to $230.00, on Mar 20, 2023.
Scot Ciccarelli, a top 3% analyst from Truist Securities maintains DG with a hold rating and raises their DG price target from $211.00 to $214.00, on Mar 17, 2023.
Chuck Grom, a top 6% analyst from Gordon Haskett downgrades DG to a hold rating and lowers their DG price target from $230.00 to $220.00, on Mar 17, 2023.
Joe Feldman, a top 8% analyst from Telsey Advisory Group reiterates DG with a buy rating and maintains their DG price target from $242.00 to $242.00, on Mar 17, 2023.
Peter Keith, a top 7% analyst from Piper Sandler maintains DG with a strong buy rating and lowers their DG price target from $288.00 to $275.00, on Feb 28, 2023.
You can dive deeper into what analysts are saying on the Dollar General stock forecast page.
Metrics for Advanced DG Traders
How is DG performing as a company?
Last year, DG earnings were $2.35B. Over the past 5 year, DG's earnings have gone up by 18% per year. This was faster than the Discount Stores industry average of 8.98%.
Last year, DG revenue was $36.29B. Over the last five year, DG's revenue has increased by 9.22% per year. This was faster than the Discount Stores industry average of 7.08%.
Learn more about DG's earnings and revenue performance here.
Are DG executives and large shareholders buying or selling the stock?
In the last year, insiders at DG have sold more shares than they have bought.
Warren F. Bryant, Director of DG, was the latest DG insider to buy. They bought $258,886.50 worth of DG stock on Jan 4, 2023.
Get more info about who owns DG shares here.
Can I get consistent income from DG stock?
Dollar General pays a dividend of 1.05%, compared to the Discount Stores industry's average dividend yield of 3.11%. If you owned $1,000 of DG stock, you would have been paid $10.47 in the past 12 months.
Dollar General dividend payments have consistently grown over the past 8 years and have remained stable.
Find more data about Dollar General dividend yield and history here.
DG Social Trading Data
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Make your DG buy order
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally the best for newer investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a specific price, use a limit order.
Press the Open Trade button and eToro will execute your order.
If you require more help investing in stocks on eToro, watch the helpful video below:
Step 6: Get the latest scoop on your investment in DG
Now that you own some shares in DG, you'll want to keep up with your investment.
Add DG to a watchlist to get the latest updates about your DG stock.
DG Feed
How to Buy Stock in Dollar General
To reiterate, here are the 6 steps you need to take to buy Dollar General stock right now:
- Choose where to buy Dollar General stock
- Open your brokerage account
- Fund your brokerage account
- Research Dollar General stock
- Make your DG buy order
- Get the latest scoop on your investment in DG
If you require a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Dollar General, create a watchlist today.
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