Desjardins Issues Negative Forecast for Dollarama Earnings

Key Points

• Desjardins has reduced its earnings per share (EPS) estimate for Dollarama's Q3 2026 from $1.12 to $1.09, while maintaining a "Buy" rating and setting a target price of $205.00.
• Analyst ratings on Dollarama show a consensus view of "Moderate Buy," with nine ratings ranging from "Strong Buy" to "Hold" and a consensus price target of C$191.29.
• Dollarama recently announced a quarterly dividend of $0.1058, representing an annualized yield of 0.2% and a payout ratio of 9.42%.

Dollarama Inc. (TSE:DOL - Free Report) - Stock analysts at Desjardins lowered their Q3 2026 EPS estimates for shares of Dollarama in a report issued on Thursday, August 28th. Desjardins analyst C. Li now anticipates that the company will post earnings per share of $1.09 for the quarter, down from their previous estimate of $1.12. Desjardins has a "Buy" rating and a $205.00 price objective on the stock. The consensus estimate for Dollarama's current full-year earnings is $5.33 per share. Desjardins also issued estimates for Dollarama's Q4 2026 earnings at $1.27 EPS.

Other equities research analysts also recently issued reports about the stock. Jefferies Financial Group lifted their price target on shares of Dollarama from C$180.00 to C$223.00 in a report on Thursday, June 12th. National Bankshares lowered their price target on shares of Dollarama from C$213.00 to C$203.00 and set an "outperform" rating for the company in a report on Thursday, August 28th. CIBC lowered their price target on shares of Dollarama from C$204.00 to C$199.00 and set a "neutral" rating for the company in a report on Thursday, August 28th. UBS Group lifted their price target on shares of Dollarama from C$165.00 to C$196.00 in a report on Thursday, June 12th. Finally, BMO Capital Markets raised their target price on shares of Dollarama from C$170.00 to C$215.00 in a research report on Thursday, June 12th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of C$191.29.

Dollarama Price Performance

TSE:DOL traded down C$1.34 during mid-day trading on Friday, hitting C$185.92. 483,918 shares of the company's stock traded hands, compared to its average volume of 652,137. 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 firm's 50 day simple moving average is C$190.47 and its 200 day simple moving average is C$173.22. Dollarama has a 1 year low of C$124.99 and a 1 year high of C$198.66. The company has a market cap of C$51.36 billion, a PE ratio of 41.22, a price-to-earnings-growth ratio of 1.93 and a beta of 0.15.

Insiders Place Their Bets

In other news, Director Nicolas Hien sold 4,131 shares of the business's stock in a transaction on Friday, June 13th. The shares were sold at an average price of C$192.31, for a total transaction of C$794,433.02. Also, Director John Assaly sold 9,089 shares of Dollarama stock in a transaction on Thursday, June 19th. The stock was sold at an average price of C$189.28, for a total transaction of C$1,720,392.28. Following the completion of the sale, the director owned 973 shares of the company's stock, valued at approximately C$184,172.26. This trade represents a 90.33% decrease in their position. Insiders own 2.23% of the company's stock.

Dollarama Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 8th. Stockholders of record on Friday, August 8th were given a dividend of $0.1058 per share. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Friday, July 11th. Dollarama's payout ratio is presently 8.77%.

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.