Desjardins Has Bullish Estimate for Dollarama Q2 Earnings

Dollarama Inc. (TSE:DOL - Free Report) - Research analysts at Desjardins increased their Q2 2026 earnings estimates for shares of Dollarama in a report released on Thursday, June 12th. Desjardins analyst C. Li now anticipates that the company will post earnings per share of $1.14 for the quarter, up from their previous forecast of $1.13. Desjardins has a "Buy" rating and a $185.00 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 $1.36 EPS.

A number of other analysts have also weighed in on DOL. TD Securities raised their target price on shares of Dollarama from C$185.00 to C$210.00 and gave the company a "buy" rating in a research report on Thursday, June 12th. Jefferies Financial Group increased their price target on Dollarama from C$180.00 to C$223.00 in a research note on Thursday, June 12th. Stifel Nicolaus raised their price objective on Dollarama from C$162.50 to C$190.00 in a report on Thursday, June 12th. Canaccord Genuity Group upped their target price on Dollarama from C$168.00 to C$178.00 in a report on Thursday, June 5th. Finally, Scotiabank increased their target price on Dollarama from C$175.00 to C$210.00 in a research report on Thursday, June 12th. Four analysts have rated the stock with a hold rating, six have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of C$186.36.

Dollarama Price Performance

TSE:DOL traded down C$1.30 during trading hours on Monday, hitting C$189.41. The company's stock had a trading volume of 160,248 shares, compared to its average volume of 712,325. Dollarama has a twelve month low of C$121.35 and a twelve month high of C$196.46. The company has a debt-to-equity ratio of 369.36, a current ratio of 1.43 and a quick ratio of 0.08. The stock has a fifty day simple moving average of C$173.56 and a 200-day simple moving average of C$154.23. The company has a market capitalization of C$52.34 billion, a P/E ratio of 48.24, a PEG ratio of 1.93 and a beta of 0.56.

Dollarama Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 9th. Shareholders of record on Friday, May 9th were issued a dividend of $0.1058 per share. This is a positive change from Dollarama's previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Thursday, April 17th. This represents a $0.42 annualized dividend and a yield of 0.22%. Dollarama's dividend payout ratio (DPR) is presently 9.42%.

Insiders Place Their Bets

In other news, Director Nicolas Hien sold 4,131 shares of the business's stock in a transaction dated 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 Geoffrey Peter Robillard sold 28,000 shares of the company's stock in a transaction dated Friday, April 11th. The shares were sold at an average price of C$160.00, for a total value of C$4,480,000.00. In the last 90 days, insiders sold 33,481 shares of company stock worth $5,508,667. 2.23% of the stock is currently owned by insiders.

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.