Dollarama (TSE:DOL) Given New C$221.00 Price Target at BMO Capital Markets

Dollarama (TSE:DOL) had its price target lifted by BMO Capital Markets from C$210.00 to C$221.00 in a report released on Friday,BayStreet.CA reports.

Several other equities research analysts also recently commented on DOL. Wells Fargo & Company decreased their price objective on Dollarama from C$195.00 to C$185.00 in a report on Wednesday, March 25th. Jefferies Financial Group cut their price objective on Dollarama from C$235.00 to C$200.00 in a research report on Wednesday, March 25th. Desjardins cut their price objective on Dollarama from C$218.00 to C$205.00 and set a “buy” rating on the stock in a research report on Wednesday, March 25th. Canaccord Genuity Group cut their price objective on Dollarama from C$207.00 to C$187.00 in a research report on Wednesday, March 25th. Finally, National Bank Financial boosted their price objective on Dollarama from C$198.00 to C$203.00 and gave the stock an “outperform” rating in a research report on Monday, June 1st. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Dollarama currently has a consensus rating of “Moderate Buy” and a consensus price target of C$216.00.

Dollarama Price Performance

Shares of DOL opened at C$190.94 on Friday. Dollarama has a 1 year low of C$166.00 and a 1 year high of C$209.96. 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 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. The business has a 50-day moving average of C$175.16 and a 200-day moving average of C$187.85.

Dollarama (TSE:DOL) last issued its quarterly earnings data on Thursday, June 11th. The company reported C$1.11 earnings per share (EPS) for the quarter. The company 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, equities research analysts anticipate that Dollarama will post 5.3295203 earnings per share for the current year.

Dollarama Dividend Announcement

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

Key Dollarama News

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.