Should I buy or sell Dollarama stock right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Dollarama in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" DOL shares. View DOL analyst ratings or view top-rated stocks .

What is Dollarama's stock price target for 2024?

11 brokerages have issued 1-year price targets for Dollarama's stock. Their DOL share price targets range from C$85.00 to C$113.00. On average, they expect the company's share price to reach C$98.92 in the next year. This suggests that the stock has a possible downside of 1.0%. View analysts price targets for DOL or view top-rated stocks among Wall Street analysts .

How have DOL shares performed in 2023?

Dollarama's stock was trading at C$79.19 on January 1st, 2023. Since then, DOL shares have increased by 26.2% and is now trading at C$99.95. View the best growth stocks for 2023 here .

When is Dollarama's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, December 13th 2023. View our DOL earnings forecast .

How were Dollarama's earnings last quarter?

Dollarama Inc. (TSE:DOL) announced its quarterly earnings results on Wednesday, September, 13th. The company reported $0.86 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.77 by $0.09. The company had revenue of $1.46 billion for the quarter, compared to analysts' expectations of $1.40 billion. Dollarama had a trailing twelve-month return on equity of 2,201.73% and a net margin of 16.12%.

How often does Dollarama pay dividends? What is the dividend yield for Dollarama?

Dollarama declared a quarterly dividend on Thursday, October 5th. Shareholders of record on Friday, November 3rd will be paid a dividend of 0.071 per share on Friday, November 3rd. This represents a $0.28 dividend on an annualized basis and a yield of 0.28%. The ex-dividend date is Thursday, October 5th. Read our dividend analysis for DOL .

Is Dollarama a good dividend stock?

Dollarama (TSE:DOL) pays an annual dividend of C$0.27 per share and currently has a dividend yield of 0.27%. The dividend payout ratio is 8.74%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for DOL .

What other stocks do shareholders of Dollarama own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Dollarama investors own include Intact Financial (IFC) , Constellation Software (CSU) , Alimentation Couche-Tard (ATD.B) , AutoCanada (ACQ) , AbbVie (ABBV) , Vermilion Energy (VET) , Toronto-Dominion Bank (TD) , Open Text (OTEX) and Rogers Communications (RCI) .

How do I buy shares of Dollarama?

Shares of DOL stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

Dollarama Stock Price, News & Analysis (TSE:DOL)

C$99.95

-0.08 (-0.08%)

(As of 12/6/2023 ET)

Compare

Today's Range: C$99.81
▼
C$101.81
50-Day Range: C$92.94
▼
C$100.03
52-Week Range: C$74.36
▼
C$101.81

Volume: 506,097 shs
Average Volume: 559,053 shs
Market Capitalization: C$28.25 billion

P/E Ratio: 32.35
Dividend Yield: 0.27%
Price Target: C$98.92

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Dollarama MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.73 Rating Score
Upside/Downside: 1.0% Downside
C$98.92 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.22
Based on 12 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.70 out of 5 stars

2.4

Analyst's Opinion

Consensus Rating
Dollarama has received a consensus rating of Moderate Buy. The company's average rating score is 2.73, and is based on 8 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$98.92, Dollarama has a forecasted downside of 1.0% from its current price of C$99.95.
Amount of Analyst Coverage
Dollarama has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for DOL.

0.8

Dividend Strength

Dividend Yield
Dollarama has a dividend yield of 0.27%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Dollarama does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Dollarama is 8.74%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for DOL.

2.3

News and Social Media Coverage

News Sentiment
Dollarama has a news sentiment score of 0.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.44 average news sentiment score of Consumer Defensive companies.
News Coverage This Week
MarketBeat has tracked 12 news articles for Dollarama this week, compared to 3 articles on an average week.
Search Interest
4 people have searched for DOL on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Dollarama to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Dollarama insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.99% of the stock of Dollarama is held by insiders.
Percentage Held by Institutions
55.57% of the stock of Dollarama is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Dollarama is 32.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.77.
Price to Earnings Ratio vs. Sector
The P/E ratio of Dollarama is 32.35, which means that it is trading at a less expensive P/E ratio than the Consumer Defensive sector average P/E ratio of about 267.48.
Price to Earnings Growth Ratio
Dollarama has a PEG Ratio of 1.93. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Dollarama has a P/B Ratio of 138.82. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Dollarama Stock (TSE:DOL)

Dollarama Inc. operates a chain of dollar stores in Canada. Its stores offer general merchandise, consumables, and seasonal products. It also sells its products through online store. The company was formerly known as Dollarama Capital Corporation and changed its name to Dollarama Inc. in September 2009. Dollarama Inc. was founded in 1992 and is headquartered in Mount Royal,Canada.

DOL Stock Price History

30 days | 90 days | 365 days | Advanced Chart

DOL Stock News Headlines

December 6, 2023 | seekingalpha.com

Dollarama: Defensive Business With Superior Returns

December 6, 2023 | americanbankingnews.com

Dollarama (TSE:DOL) Price Target Raised to C$98.00 at Canaccord Genuity Group

December 7, 2023 | Autonomix (Ad)

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December 6, 2023 | americanbankingnews.com

Dollarama (TSE:DOL) Sets New 1-Year High on Analyst Upgrade

December 6, 2023 | americanbankingnews.com

Dollarama (DOL) Scheduled to Post Earnings on Wednesday

December 5, 2023 | americanbankingnews.com

Dollarama (TSE:DOL) Price Target Raised to C$104.00 at Scotiabank

December 4, 2023 | uk.news.yahoo.com

Grocery prices fact check: Viral TikTok about price of carrots misses a major detail

December 4, 2023 | msn.com

Is Dollarama Stock Worth a Buy at Today’s Price?

December 7, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

December 4, 2023 | msn.com

Up by 21%: Should You Buy Dollarama Stock Right Now?

December 2, 2023 | americanbankingnews.com

Dollarama (TSE:DOL) PT Raised to C$113.00 at Royal Bank of Canada

December 1, 2023 | msn.com

Here's How The Price Of Cheap Christmas Decorations Compare At Dollarama & Walmart

November 27, 2023 | msn.com

3 Growth Stocks I’d Buy With $3,000

November 25, 2023 | msn.com

Stu's Slapshots: It's sad to see what has happened to Montreal Forum

November 25, 2023 | msn.com

13 Grocery Items You Can Get For Cheaper At Dollarama Than Grocery Stores Like Walmart & Costco

November 25, 2023 | msn.com

Stu's Slapshots: It's sad to see what's happened to the Montreal Forum

November 21, 2023 | msn.com

Should You Buy Dollarama at These Levels?

November 18, 2023 | msn.com

Can You Become a Millionaire by Investing $500/Month?

November 15, 2023 | msn.com

Dollarama Stock Hits 52-Week Highs, But is it Due to Drop?

November 14, 2023 | msn.com

Up 25% Year to Date, Is Dollarama Stock a Buy Today?

November 13, 2023 | finance.yahoo.com

DOLLARAMA TO REPORT THIRD QUARTER FISCAL 2024 RESULTS

November 8, 2023 | morningstar.com

Dollarama Inc DLMAF

November 3, 2023 | msn.com

Canadian Blue-Chip Stocks: The Best of the Best for November 2023

October 31, 2023 | msn.com

Got $1,000? 3 Top Canadian Stocks to Buy in November 2023

October 31, 2023 | ca.finance.yahoo.com

Where Will Dollarama Stock Be in 5 Years?

October 30, 2023 | msn.com

Dollar General Vs. Dollarama: Value Vs. Quality

October 28, 2023 | msn.com

Hard or Soft Landing? Doesn’t Matter: 2 Stocks for Investors to Watch as TSX Tumbles

See More Headlines

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Company Calendar

Last Earnings: 9/13/2023
Ex-Dividend for 11/3 Dividend: 10/05/2023
Dividend Payable: 11/03/2023
Today: 12/06/2023
Next Earnings (Confirmed): 12/13/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Discount Stores
Sub-Industry: N/A
Sector: Consumer Defensive
Current Symbol: TSE:DOL
CUSIP: N/A
CIK: N/A
Web: www.dollarama.com
Phone: +1-514-7371006
Fax: N/A
Employees: 8,440
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$98.92
High Stock Price Target: C$113.00
Low Stock Price Target: C$85.00
Potential Upside/Downside: -1.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.73
Research Coverage: 11 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$3.09
Trailing P/E Ratio: 32.35
Forward P/E Ratio: 22.54
P/E Growth: 1.93
Net Income: C$888.52 million
Net Margins: 16.12%
Pretax Margin: N/A
Return on Equity: 2,201.73%
Return on Assets: 16.95%

Debt

Debt-to-Equity Ratio: 2,100.92
Current Ratio: 1.10
Quick Ratio: 0.08

Sales & Book Value

Annual Sales: C$5.51 billion
Price / Sales: 5.13
Cash Flow: C$0.29 per share
Price / Cash Flow: 341.46
Book Value: C$0.72 per share
Price / Book: 138.82

Miscellaneous

Outstanding Shares: 282,660,000
Free Float: N/A
Market Cap: C$28.25 billion
Optionable: Not Optionable
Beta: 0.63

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Key Executives

Mr. Neil Rossy (Age 53)
CEO, President & Director
Comp: $5.94M
Ms. Johanne Choinière
Chief Operating Officer
Mr. Nicolas Hien
Chief Information Officer
Mr. Geoffrey Robillard (Age 64)
Senior Vice President of Import Division
Comp: $2.05M
Mr. Laurence Rossy (Age 80)
Founder & Chairman Emeritus
Comp: $689.62k
Laurence L'Abbe
Senior VP of Legal Affairs & Corporate Secretary
Mark Di Pesa
Senior Vice President of Human Resources
Mr. Michael Ross A.C.A. (Age 63)
F.C.A., FCPA, Special Advisor
Comp: $594.97k
Mr. Jean-Philippe Durivage-Lachance
VP & Treasurer

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

Should I Buy Dollarama Stock? DOL Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Dollarama was last updated on Sunday, December 3, 2023 at 4:51 PM.

Pros

Here are some ways that investors could benefit from investing in Dollarama Inc.:

Dollarama Inc. operates a chain of dollar stores in Canada, offering general merchandise, consumables, and seasonal products. This wide range of products allows for potential revenue growth and diversification.
The company sells its products through an online store, providing an additional channel for sales and potential expansion into e-commerce.
Dollarama Inc. is a well-established company, founded in 1992, with a strong presence in the Canadian market. This longevity and market presence can provide stability and confidence to investors.
Recent developments, such as the opening of a new GIANT Dollarama store in Calgary, indicate the company's commitment to growth and expansion, which can be positive for investors.
Investors may find the current stock price of Dollarama Inc. attractive, as it reflects the market's perception of the company's value and potential for future growth.

Cons

Investors should be bearish about investing in Dollarama Inc. for these reasons:

The discount store industry, in which Dollarama Inc. operates, can be highly competitive, with other players vying for market share. This competition may impact the company's profitability and growth potential.
Changes in consumer preferences and spending habits can affect the demand for Dollarama Inc.'s products. If consumers shift towards higher-end or online retailers, it may impact the company's sales and revenue.
Fluctuations in the Canadian economy, such as changes in interest rates or consumer confidence, can impact consumer spending and, consequently, Dollarama Inc.'s financial performance.
Investors should consider the potential risks associated with investing in a single company, as opposed to diversifying their investment portfolio. Concentrated exposure to Dollarama Inc. may increase the overall risk of the investment.
It is important for investors to conduct thorough research and analysis of Dollarama Inc.'s financial statements, including factors such as revenue growth, profitability, and debt levels, to make informed investment decisions.

DOL Stock Analysis - Frequently Asked Questions

Should I buy or sell Dollarama stock right now?: 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Dollarama in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" DOL shares.
View DOL analyst ratings or view top-rated stocks.
What is Dollarama's stock price target for 2024?: 11 brokerages have issued 1-year price targets for Dollarama's stock. Their DOL share price targets range from C$85.00 to C$113.00. On average, they expect the company's share price to reach C$98.92 in the next year. This suggests that the stock has a possible downside of 1.0%.
View analysts price targets for DOL or view top-rated stocks among Wall Street analysts.
How have DOL shares performed in 2023?: Dollarama's stock was trading at C$79.19 on January 1st, 2023. Since then, DOL shares have increased by 26.2% and is now trading at C$99.95.
View the best growth stocks for 2023 here.
When is Dollarama's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, December 13th 2023.
View our DOL earnings forecast.
How were Dollarama's earnings last quarter?: Dollarama Inc. (TSE:DOL) announced its quarterly earnings results on Wednesday, September, 13th. The company reported $0.86 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.77 by $0.09. The company had revenue of $1.46 billion for the quarter, compared to analysts' expectations of $1.40 billion. Dollarama had a trailing twelve-month return on equity of 2,201.73% and a net margin of 16.12%.

How often does Dollarama pay dividends? What is the dividend yield for Dollarama?: Dollarama declared a quarterly dividend on Thursday, October 5th. Shareholders of record on Friday, November 3rd will be paid a dividend of 0.071 per share on Friday, November 3rd. This represents a $0.28 dividend on an annualized basis and a yield of 0.28%. The ex-dividend date is Thursday, October 5th.
Read our dividend analysis for DOL.
Is Dollarama a good dividend stock?: Dollarama (TSE:DOL) pays an annual dividend of C$0.27 per share and currently has a dividend yield of 0.27%. The dividend payout ratio is 8.74%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for DOL.
What other stocks do shareholders of Dollarama own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Dollarama investors own include Intact Financial (IFC), Constellation Software (CSU), Alimentation Couche-Tard (ATD.B), AutoCanada (ACQ), AbbVie (ABBV), Vermilion Energy (VET), Toronto-Dominion Bank (TD), Open Text (OTEX) and Rogers Communications (RCI).
How do I buy shares of Dollarama?: Shares of DOL stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:DOL) was last updated on 12/7/2023 by MarketBeat.com Staff

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Dollarama Stock Price, News & Analysis (TSE:DOL)

Dollarama MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Dollarama Stock (TSE:DOL)

DOL Stock Price History

DOL Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

Should I Buy Dollarama Stock? DOL Pros and Cons Explained

Pros

Cons

DOL Stock Analysis - Frequently Asked Questions

Overall MarketRank^™