Stifel Canada Analysts Lift Earnings Estimates for Dollarama

Dollarama Inc. (TSE:DOL) – Equities researchers at Stifel Canada boosted their FY2027 earnings per share (EPS) estimates for shares of Dollarama in a report released on Wednesday, June 11th. Stifel Canada analyst M. Landry now anticipates that the company will post earnings of $5.24 per share for the year, up from their previous forecast of $5.08. The consensus estimate for Dollarama’s current full-year earnings is $5.33 per share.

Several other analysts also recently issued reports on the company. Jefferies Financial Group upped their price objective on Dollarama from C$180.00 to C$223.00 in a research report on Thursday. National Bankshares upgraded shares of Dollarama from a “sector perform” rating to an “outperform” rating and upped their target price for the company from C$156.00 to C$166.00 in a report on Friday, March 28th. National Bank Financial upgraded shares of Dollarama from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 27th. BMO Capital Markets upped their price objective on shares of Dollarama from C$170.00 to C$215.00 in a research note on Thursday. Finally, Royal Bank of Canada raised their target price on shares of Dollarama from C$190.00 to C$207.00 in a research report on Thursday. Four research analysts have rated the stock with a hold rating, six have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of C$186.36.

Dollarama Price Performance

Shares of TSE:DOL opened at C$193.74 on Friday. The company has a debt-to-equity ratio of 369.36, a quick ratio of 0.08 and a current ratio of 1.43. The business’s fifty day moving average price is C$171.10 and its two-hundred day moving average price is C$153.25. The stock has a market cap of C$53.54 billion, a PE ratio of 49.34, a price-to-earnings-growth ratio of 1.93 and a beta of 0.56. Dollarama has a one year low of C$119.88 and a one year high of C$196.46.

Insider Activity

In related news, Director Nicolas Hien sold 4,131 shares of the stock in a transaction on Friday, June 13th. The stock was sold at an average price of C$192.31, for a total value of C$794,433.02. Also, Senior Officer Mark Di Pesa sold 1,350 shares of the business’s stock in a transaction dated Wednesday, April 23rd. The stock was sold at an average price of C$173.51, for a total value of C$234,234.45. Insiders have sold 33,481 shares of company stock valued at $5,508,667 in the last three months. Corporate insiders own 2.23% of the company’s stock.

Dollarama Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 9th. Stockholders of record on Friday, May 9th were issued a $0.1058 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.22%. This is an increase from Dollarama’s previous quarterly dividend of $0.09. The ex-dividend date was Thursday, April 17th. Dollarama’s dividend payout ratio (DPR) is 9.42%.

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.