Dollarama (TSE:DOL) Given a C$220.00 Price Target at BofA

BofA set a C$220.00 price target on Dollarama (TSE:DOL) in a report issued on Friday,BayStreet.CA reports. The firm currently has a buy rating on the stock.

Other analysts have also recently issued reports about the company. Wells Fargo & Company decreased their target price on Dollarama from C$195.00 to C$185.00 in a research report on Wednesday, March 25th. Canadian Imperial Bank of Commerce upped their target price on Dollarama from C$202.00 to C$228.00 in a research report on Friday. TD Securities decreased their target price on Dollarama from C$235.00 to C$225.00 and set a “buy” rating for the company in a research report on Wednesday, March 25th. Scotiabank upped their target price on Dollarama from C$200.00 to C$220.00 in a research report on Friday. Finally, Canaccord Genuity Group upped their target price on Dollarama from C$187.00 to C$204.00 in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Dollarama has an average rating of “Moderate Buy” and an average price target of C$216.00.

Dollarama Price Performance

Shares of TSE DOL opened at C$190.94 on Friday. The stock’s 50-day moving average is C$175.16 and its two-hundred day moving average is C$187.85. The company has a debt-to-equity ratio of 234.39, a current ratio of 1.57 and a quick ratio of 0.08. Dollarama has a 1-year low of C$166.00 and a 1-year high of C$209.96. The company has a market cap 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 quarterly earnings data on Thursday, June 11th. The company reported C$1.11 EPS for the quarter. Dollarama had a return on equity of 95.90% and a net margin of 17.65%.The business had revenue of C$1.85 billion for the quarter. Analysts forecast that Dollarama will post 5.3295203 EPS for the current fiscal year.

Dollarama Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 8th. Stockholders of record on Friday, May 8th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Friday, April 17th. Dollarama’s dividend payout ratio (DPR) is currently 8.95%.

Dollarama News Roundup

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.