Dollarama (DOL) Stock Forecast, Price & News

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Dollarama in the last twelve months. 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.

11 Wall Street analysts have issued 12 month target prices for Dollarama's stock. Their DOL share price forecasts range from C$85.00 to C$105.00. On average, they anticipate the company's share price to reach C$97.54 in the next year. This suggests a possible upside of 4.2% from the stock's current price.
View analysts price targets for DOL or view top-rated stocks among Wall Street analysts.

Dollarama's stock was trading at C$79.19 at the start of the year. Since then, DOL stock has increased by 18.2% and is now trading at C$93.61.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, December 6th 2023.
View our DOL earnings forecast.

Dollarama Inc. (TSE:DOL) issued its quarterly earnings data on Wednesday, June, 7th. The company reported $0.82 earnings per share for the quarter, topping analysts' consensus estimates of $0.79 by $0.03. The firm had revenue of $704.95 million for the quarter, compared to analyst estimates of $712.60 million. Dollarama had a net margin of 16.12% and a trailing twelve-month return on equity of 2,201.73%.

Dollarama announced a quarterly dividend on Wednesday, September 13th. Stockholders of record on Friday, October 6th will be given 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 0.30%. The ex-dividend date is Thursday, October 5th.
Read our dividend analysis for DOL.

Dollarama (TSE:DOL) pays an annual dividend of C$0.27 per share and currently has a dividend yield of 0.28%. The dividend payout ratio is 8.74%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for DOL.

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).

Dollarama trades on the Toronto Stock Exchange (TSX) under the ticker symbol "DOL."

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.
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One share of DOL stock can currently be purchased for approximately C$93.61.

Dollarama (TSE:DOL) has a market capitalization of C$26.46 billion and generates C$5.51 billion in revenue each year. The company earns C$888.52 million in net income (profit) each year or C$3.09 on an earnings per share basis.

The company employs 8,440 workers across the globe.

Dollarama's mailing address is 5805 Royalmount Ave, MONT-ROYAL, QC H4P 0A1, Canada. The official website for the company is www.dollarama.com. The company can be reached via phone at +1-514-7371006.