Dollarama (TSE:DOL) Given New C$209.00 Price Target at National Bank Financial

Dollarama (TSE:DOL) had its target price increased by National Bank Financial from C$203.00 to C$209.00 in a report published on Friday morning,BayStreet.CA reports.

A number of other equities research analysts also recently commented on the company. BMO Capital Markets lifted their target price on Dollarama from C$210.00 to C$221.00 in a research report on Friday. Royal Bank Of Canada set a C$223.00 target price on Dollarama and gave the company an “outperform” rating in a research report on Thursday, June 4th. Stifel Nicolaus upgraded Dollarama from a “hold” rating to a “buy” rating and lifted their target price for the company from C$180.00 to C$190.00 in a research report on Tuesday, May 5th. Desjardins lifted their target price on Dollarama from C$205.00 to C$215.00 in a research report on Friday. Finally, Jefferies Financial Group lifted their target price on Dollarama from C$200.00 to C$230.00 in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Dollarama presently has an average rating of “Moderate Buy” and a consensus price target of C$216.00.

Dollarama Stock Performance

Shares of TSE:DOL opened at C$190.94 on Friday. The company has a debt-to-equity ratio of 234.39, a current ratio of 1.57 and a quick ratio of 0.08. The business’s 50 day moving average price is C$175.16 and its 200-day moving average price is C$187.85. The firm has a market capitalization of C$51.98 billion, a PE ratio of 40.37, a P/E/G ratio of 1.93 and a beta of 0.37. Dollarama has a 1 year low of C$166.00 and a 1 year high of C$209.96.

Dollarama (TSE:DOL) last released its quarterly earnings data on Thursday, June 11th. The company reported C$1.11 earnings per share for the quarter. The company had revenue of C$1.85 billion for the quarter. Dollarama had a return on equity of 95.90% and a net margin of 17.65%. As a group, equities research analysts expect that Dollarama will post 5.3295203 earnings per share for the current fiscal year.

Dollarama Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 8th. Shareholders of record on Friday, May 8th were issued a dividend of $0.12 per share. The ex-dividend date was Friday, April 17th. This represents a $0.48 annualized dividend and a yield of 0.3%. Dollarama’s dividend payout ratio is 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

Dollarama Company Profile

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.