Dollarama (TSE:DOL) Given New C$230.00 Price Target at Jefferies Financial Group

Dollarama (TSE:DOL) had its price target hoisted by Jefferies Financial Group from C$200.00 to C$230.00 in a report issued on Friday,BayStreet.CA reports.

Other analysts have also recently issued reports about the company. National Bank Financial upped their price objective on Dollarama from C$198.00 to C$203.00 and gave the stock an “outperform” rating in a report on Monday, June 1st. Scotiabank decreased their price objective on Dollarama from C$220.00 to C$200.00 in a report on Wednesday, March 25th. Stifel Nicolaus raised Dollarama from a “hold” rating to a “buy” rating and upped their price objective for the stock from C$180.00 to C$190.00 in a report on Tuesday, May 5th. Wells Fargo & Company decreased their price objective on Dollarama from C$195.00 to C$185.00 in a report on Wednesday, March 25th. Finally, Royal Bank Of Canada set a C$223.00 price objective on Dollarama and gave the stock an “outperform” rating in a report on Thursday, June 4th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of C$216.00.

Dollarama Stock Down 2.5%

TSE DOL opened at C$190.94 on Friday. The stock’s 50 day moving average is C$175.16 and its 200 day moving average is C$187.85. The company has a current ratio of 1.57, a quick ratio of 0.08 and a debt-to-equity ratio of 234.39. Dollarama has a 12 month low of C$166.00 and a 12 month high of C$209.96. The stock has a market cap of C$51.98 billion, a PE ratio of 40.37, a P/E/G ratio of 1.93 and a beta of 0.37.

Dollarama (TSE:DOL) last posted its quarterly earnings results 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 company had revenue of C$1.85 billion for the quarter. Research analysts predict that Dollarama will post 5.3295203 EPS for the current fiscal year.

Dollarama Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 8th. Investors of record on Friday, May 8th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.3%. The ex-dividend date was Friday, April 17th. Dollarama’s dividend payout ratio is presently 8.95%.

Key Headlines 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

About Dollarama

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.