Canadian Imperial Bank of Commerce Issues Positive Forecast for Dollarama (TSE:DOL) Stock Price

Dollarama (TSE:DOL) had its price target boosted by Canadian Imperial Bank of Commerce from C$202.00 to C$228.00 in a report published on Friday,BayStreet.CA reports.

Other equities research analysts have also issued research reports about the stock. BMO Capital Markets boosted their price target on shares of Dollarama from C$210.00 to C$221.00 in a report on Friday. National Bank Financial boosted their price objective on shares of Dollarama from C$198.00 to C$203.00 and gave the company an “outperform” rating in a research report on Monday, June 1st. Sanford C. Bernstein lowered their price objective on shares of Dollarama from C$232.00 to C$227.00 in a research report on Tuesday, May 12th. Scotiabank lowered their price objective on shares of Dollarama from C$220.00 to C$200.00 in a research report on Wednesday, March 25th. Finally, UBS Group lowered their price objective on shares of Dollarama from C$210.00 to C$191.00 in a research report on Wednesday, March 25th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$216.00.

Dollarama Stock Down 2.5%

DOL stock opened at C$190.94 on Friday. The company has a current ratio of 1.57, a quick ratio of 0.08 and a debt-to-equity ratio of 234.39. The firm’s 50-day moving average is C$175.16 and its two-hundred day moving average is C$187.85. Dollarama has a 52 week low of C$166.00 and a 52 week high of C$209.96. The company has a market capitalization of C$51.98 billion, a price-to-earnings ratio of 40.37, a price-to-earnings-growth ratio of 1.93 and a beta of 0.37.

Dollarama (TSE:DOL) last released its earnings results on Thursday, June 11th. The company reported C$1.11 EPS for the quarter. Dollarama had a net margin of 17.65% and a return on equity of 95.90%. The business had revenue of C$1.85 billion for the quarter. On average, analysts forecast that Dollarama will post 5.3295203 earnings per share for the current fiscal year.

Dollarama Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 8th. Stockholders of record on Friday, May 8th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Friday, April 17th. Dollarama’s payout ratio is presently 8.95%.

Key Stories Impacting Dollarama

Here are the key news stories impacting Dollarama this week:

• Positive Sentiment: Several analysts raised their price targets on Dollarama after its quarterly results, with TD, BofA, Jefferies, CIBC, Scotiabank, BMO, Desjardins, National Bank Financial, Stifel, and Canaccord all lifting targets to levels above the current share price. The updated targets generally imply meaningful upside and reinforce a bullish view on the company’s earnings momentum. Article Title
• Positive Sentiment: Dollarama’s Q1 2027 results beat expectations, with EPS of C$1.11 on revenue of C$1.85 billion, highlighting steady demand for low-priced essentials and strong sales growth despite a cautious consumer backdrop. Article Title
• Positive Sentiment: Management said the quarter was “smooth” and reiterated resilience in the business, with sales reportedly surging over 20% as shoppers continued trading down to discount essentials. Article Title
• Neutral Sentiment: Broader TSX headlines noted Dollarama was helping lead index gains, suggesting investor interest in the name remains high after earnings, but this is more a reflection of market leadership than a new company-specific catalyst. Article Title

About Dollarama

Dollarama Inc is a Canada-based company principally engaged in operating discount retail stores. The company provides a broad range of everyday consumer products, general merchandise, and seasonal items, with merchandise at low fixed price points. General merchandise and consumer products jointly account for the majority of the company’s product offerings. The company’s stores are throughout Canada, generally located in convenient locations, such as metropolitan areas, midsize cities, and small towns.