Dollarama (TSE:DOL) Given New C$215.00 Price Target at Desjardins

Dollarama (TSE:DOL) had its price objective upped by Desjardins from C$205.00 to C$215.00 in a report issued on Friday,BayStreet.CA reports.

Several other research analysts also recently issued reports on DOL. Scotiabank lowered their price objective on Dollarama from C$220.00 to C$200.00 in a research note on Wednesday, March 25th. UBS Group reduced their target price on Dollarama from C$210.00 to C$191.00 in a report on Wednesday, March 25th. TD Securities reduced their target price on Dollarama from C$235.00 to C$225.00 and set a “buy” rating on the stock in a report on Wednesday, March 25th. Royal Bank Of Canada set a C$223.00 target price on Dollarama and gave the company an “outperform” rating in a report on Thursday, June 4th. Finally, Sanford C. Bernstein reduced their target price on Dollarama from C$232.00 to C$227.00 in a report on Tuesday, May 12th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Dollarama currently has a consensus rating of “Moderate Buy” and a consensus price target of C$216.00.

Dollarama Stock Down 2.5%

Shares of TSE DOL 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 company has a market cap of C$51.98 billion, a price-to-earnings ratio of 40.37, a PEG ratio of 1.93 and a beta of 0.37. Dollarama has a 12 month low of C$166.00 and a 12 month high of C$209.96. The stock has a 50-day moving average price of C$175.16 and a two-hundred day moving average price of C$187.85.

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

Dollarama Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 8th. Investors of record on Friday, May 8th were given a $0.12 dividend. The ex-dividend date of this dividend was Friday, April 17th. This represents a $0.48 annualized dividend and a yield of 0.3%. Dollarama’s dividend payout ratio (DPR) 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

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.