Dollarama (TSE:DOL – Free Report) had its price objective raised by Stifel Nicolaus from C$190.00 to C$215.00 in a research report sent to investors on Friday,BayStreet.CA reports.
Other analysts also recently issued research reports about the stock. Scotiabank lifted their target price on shares of Dollarama from C$200.00 to C$220.00 in a report on Friday. Jefferies Financial Group lifted their price objective on shares of Dollarama from C$200.00 to C$230.00 in a research note on Friday. TD Securities dropped their price objective on shares of Dollarama from C$235.00 to C$225.00 and set a “buy” rating for the company in a research note on Wednesday, March 25th. National Bank Financial lifted their price objective on shares of Dollarama from C$203.00 to C$209.00 in a research note on Friday. Finally, Canaccord Genuity Group lifted their price objective on shares of Dollarama from C$187.00 to C$204.00 in a research note on Friday. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Dollarama presently has a consensus rating of “Moderate Buy” and a consensus price target of C$216.00.
Check Out Our Latest Research Report on DOL
Dollarama Stock Performance
Dollarama (TSE:DOL – Get Free Report) last announced its earnings results on Thursday, June 11th. The company reported C$1.11 EPS for the quarter. The business had revenue of C$1.85 billion during the quarter. Dollarama had a net margin of 17.65% and a return on equity of 95.90%. On average, sell-side analysts predict that Dollarama will post 5.3295203 earnings per share for the current year.
Dollarama Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, May 8th. Stockholders of record on Friday, May 8th were given a $0.12 dividend. The ex-dividend date was Friday, April 17th. This represents a $0.48 annualized dividend and a dividend yield of 0.3%. Dollarama’s payout ratio is presently 8.95%.
Trending Headlines about 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.
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