Dollarama (TSE:DOL) Given New C$220.00 Price Target at Scotiabank

Dollarama (TSE:DOL) had its price target increased by Scotiabank from C$200.00 to C$220.00 in a research note issued to investors on Friday,BayStreet.CA reports.

Several other equities research analysts have also recently commented on DOL. Stifel Nicolaus raised Dollarama from a “hold” rating to a “buy” rating and boosted their target price for the stock from C$180.00 to C$190.00 in a report on Tuesday, May 5th. Jefferies Financial Group lifted their price objective on shares of Dollarama from C$200.00 to C$230.00 in a research report on Friday. Royal Bank Of Canada set a C$223.00 price objective on shares of Dollarama and gave the stock an “outperform” rating in a research report on Thursday, June 4th. Canadian Imperial Bank of Commerce lifted their price objective on shares of Dollarama from C$202.00 to C$228.00 in a research report on Friday. Finally, BMO Capital Markets lifted their price objective on shares of Dollarama from C$210.00 to C$221.00 in a research report on Friday. One equities research 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. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$216.00.

Dollarama Stock Performance

Shares of DOL stock opened at C$190.94 on Friday. The company has a quick ratio of 0.08, a current ratio of 1.57 and a debt-to-equity ratio of 234.39. The business has a 50 day moving average of C$175.16 and a two-hundred day moving average of C$187.85. Dollarama has a 52 week low of C$166.00 and a 52 week high of C$209.96. The company has a market cap of C$51.98 billion, a P/E ratio of 40.37, a PEG ratio of 1.93 and a beta of 0.37.

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 business 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 anticipate that Dollarama will post 5.3295203 EPS for the current year.

Dollarama Announces Dividend

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