Should I buy or sell Dollarama stock right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Dollarama in the last twelve months. There are currently 6 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" DOL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DOL, but not buy additional shares or sell existing shares. View DOL analyst ratings or view top-rated stocks .

What is Dollarama's stock price target for 2024?

10 equities research analysts have issued 12 month price objectives for Dollarama's stock. Their DOL share price targets range from C$85.00 to C$125.00. On average, they expect the company's share price to reach C$109.36 in the next twelve months. This suggests that the stock has a possible downside of 3.2%. View analysts price targets for DOL or view top-rated stocks among Wall Street analysts .

How have DOL shares performed in 2024?

Dollarama's stock was trading at C$95.49 on January 1st, 2024. Since then, DOL stock has increased by 18.3% and is now trading at C$112.93. View the best growth stocks for 2024 here .

When is Dollarama's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 5th 2024. View our DOL earnings forecast .

How were Dollarama's earnings last quarter?

Dollarama Inc. (TSE:DOL) announced its earnings results on Wednesday, June, 7th. The company reported $0.82 earnings per share (EPS) 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 trailing twelve-month return on equity of 516.91% and a net margin of 16.63%.

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

Dollarama announced a quarterly dividend on Thursday, April 4th. Stockholders of record on Friday, April 19th will be paid a dividend of 0.092 per share on Friday, May 3rd. This represents a $0.37 annualized dividend and a dividend yield of 0.33%. The ex-dividend date of this dividend is Thursday, April 18th. This is a boost from the stock's previous quarterly dividend of C$0.07. Read our dividend analysis for DOL .

Is Dollarama a good dividend stock?

Dollarama (TSE:DOL) pays an annual dividend of C$0.28 per share and currently has a dividend yield of 0.27%. The dividend payout ratio is 8.43%. 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) , Wheaton Precious Metals (WPM) , 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 .

TSE:DOL

Dollarama (DOL) Stock Price, News & Analysis

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Free DOL Stock Alerts

C$112.93

-0.50 (-0.44%)

(As of 04/18/2024 ET)

Compare

Today's Range: C$111.74
▼
C$114.06
50-Day Range: C$100.14
▼
C$114.50
52-Week Range: C$80.81
▼
C$114.81

Volume: 448,862 shs
Average Volume: 491,214 shs
Market Capitalization: C$31.76 billion

P/E Ratio: 34.02
Dividend Yield: 0.25%
Price Target: C$109.36

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Get Dollarama alerts:

Dollarama MarketRank™ Stock Analysis

Analyst Rating: Hold
2.40 Rating Score
Upside/Downside: 3.2% Downside
C$109.36 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.54
Based on 8 Articles This Week
Insider Trading: Selling Shares
C$79,100 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.52 out of 5 stars

1.2

Analyst's Opinion

Consensus Rating
Dollarama has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 4 buy ratings, 6 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Dollarama has only been the subject of 4 research reports in the past 90 days.

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 8.43%. 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.

2.5

News and Social Media Coverage

News Sentiment
Dollarama has a news sentiment score of 0.54. 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 news sentiment score is similar to the average news sentiment of Consumer Defensive companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Dollarama this week, compared to 4 articles on an average week.
Search Interest
Only 3 people have searched for DOL on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.
MarketBeat Follows
14 people have added Dollarama to their MarketBeat watchlist in the last 30 days. This is an increase of 133% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Dollarama insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$79,100.00 in company stock.
Percentage Held by Insiders
Only 2.90% of the stock of Dollarama is held by insiders.
Percentage Held by Institutions
46.91% 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 34.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 147.54.
Price to Earnings Ratio vs. Sector
The P/E ratio of Dollarama is 34.02, which means that it is trading at a less expensive P/E ratio than the Consumer Defensive sector average P/E ratio of about 239.27.
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 97.35. 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

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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

April 13, 2024 | insidertrades.com

Dollarama Inc. (TSE:DOL) Director Sells C$79,100.01 in Stock

April 18, 2024 | ca.finance.yahoo.com

Dollarama Stock Is Rising, But Is it Still a Buy?

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April 16, 2024 | americanbankingnews.com

Dollarama Inc. (TSE:DOL) Given Consensus Recommendation of "Hold" by Brokerages

April 14, 2024 | americanbankingnews.com

Insider Selling: Dollarama Inc. (TSE:DOL) Director Sells 707 Shares of Stock

April 12, 2024 | ca.finance.yahoo.com

Is Dollarama a Great Stock for Retirement Planning?

April 11, 2024 | ca.investing.com

Dollarama Keeps Rolling and Another Canadian Company Goes Private

April 9, 2024 | baystreet.ca

Top Buys: Dollarama, ConAgra, and Blue Owl Capital

April 19, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 8, 2024 | finance.yahoo.com

Dollarama Full Year 2024 Earnings: EPS Beats Expectations

April 4, 2024 | markets.businessinsider.com

Dollarama is about to announce its earnings — here's what Wall Street expects

April 4, 2024 | ca.finance.yahoo.com

Dollarama Raises Dividend By 30%

April 4, 2024 | financialpost.com

Dollarama raises dividend by almost 30% as profit, sales rise

April 4, 2024 | theglobeandmail.com

Dollarama reports 24% profit boost in fourth quarter, hikes dividend

April 4, 2024 | markets.businessinsider.com

Dollarama Q4 Net Income Rises; Comps. Up 8.7%

April 4, 2024 | marketwatch.com

Dollarama 4Q Profit, Revenue Top Views as Shoppers Continue to Look for Value

April 4, 2024 | msn.com

Dollarama forecasts annual sales above estimates on strong demand

April 4, 2024 | msn.com

Dollarama smashes comparable sales expectations for holiday quarter

April 4, 2024 | msn.com

Dollarama forecasts annual sales largely above expectations on steady demand

April 3, 2024 | msn.com

Torontonians are sharing grocery shopping hacks with a newcomer who was shocked by the prices

April 3, 2024 | marketwatch.com

Dollarama's Revenue, Profit Expected to Grow in 4Q -- Earnings Preview

April 1, 2024 | msn.com

She left an online review for a can of tomato puree. Now she faces 7 years in prison

March 28, 2024 | ca.finance.yahoo.com

“GARP” Investing: 3 Can’t-Miss Stocks to Buy Now

March 27, 2024 | ca.finance.yahoo.com

3 Growth Stocks I’m Buying in April

March 27, 2024 | finance.yahoo.com

Canada Gift Card and Incentive Card Market Report 2024: A US$9.4 Billion Market by 2028, Registering a Forecasted 4.9% CAGR During 2024-2028

March 27, 2024 | markets.businessinsider.com

Canadian Market Modestly Higher

March 23, 2024 | msn.com

14 snack foods that are only worth buying at Dollarama because they're so much cheaper

See More Headlines

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Company Calendar

Last Earnings: 6/07/2017
Ex-Dividend for 2/2 Dividend: 1/04/2024
Dividend Payable: 2/02/2024
Today: 4/18/2024
Ex-Dividend for 5/3 Dividend: 4/18/2024
Dividend Payable: 5/03/2024
Next Earnings (Estimated): 6/05/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Consumer Defensive
Industry: Discount Stores
Sub-Industry: N/A
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$109.36
High Stock Price Target: C$125.00
Low Stock Price Target: C$85.00
Potential Upside/Downside: -3.2%
Consensus Rating: Hold
Rating Score (0-4): 2.40
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$3.32
Trailing P/E Ratio: 34.02
Forward P/E Ratio: 25.82
P/E Growth: 1.93
Net Income: C$947.98 million
Net Margins: 16.63%
Pretax Margin: N/A
Return on Equity: 516.91%
Return on Assets: 15.55%

Debt

Debt-to-Equity Ratio: 1,477.71
Current Ratio: 1.51
Quick Ratio: 0.08

Sales & Book Value

Annual Sales: C$5.70 billion
Price / Sales: 5.57
Cash Flow: C$0.33 per share
Price / Cash Flow: 341.46
Book Value: C$1.16 per share
Price / Book: 97.35

Miscellaneous

Outstanding Shares: 281,240,000
Free Float: N/A
Market Cap: C$31.76 billion
Optionable: Not Optionable
Beta: 0.57

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Key Executives

Mr. Neil Rossy (Age 54)
CEO, President & Director
Comp: $5.94M
Ms. Johanne Choinière
Chief Operating Officer
Mr. Nicolas Hien
Chief Information Officer
Mr. Geoffrey Robillard (Age 65)
Senior Vice President of Import Division
Comp: $2.05M
Mr. Laurence Rossy (Age 81)
Founder & Chairman Emeritus
Comp: $689.62k
Mr. Patrick Bui
Chief Financial Officer
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 64)
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

Pros

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

Dollarama Inc. has shown consistent revenue growth over the past few quarters, indicating a strong financial performance.
The company's online store presence provides additional revenue streams and enhances customer reach in the digital retail space.
Recent analyst recommendations, such as a boost in price target by Royal Bank of Canada, suggest positive market sentiment towards Dollarama Inc.
Dollarama Inc.'s focus on offering general merchandise, consumables, and seasonal products caters to a wide range of consumer needs, potentially leading to sustained demand.
With a current stock price that reflects the company's growth potential, investors may find Dollarama Inc. shares attractively valued for long-term investment.

Cons

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

Increased competition in the discount stores industry may pose challenges to Dollarama Inc.'s market share and profitability in the future.
Economic uncertainties or fluctuations in consumer spending habits could impact Dollarama Inc.'s sales performance and overall financial stability.
Any disruptions in the supply chain or logistics could affect the company's ability to maintain product availability and meet customer demand efficiently.
Changes in regulations or policies related to retail operations could introduce compliance costs or operational constraints for Dollarama Inc.
Investors should carefully monitor the company's ability to adapt to evolving market trends and consumer preferences to ensure sustained growth and competitiveness.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, April 12, 2024. Please send any questions or comments about these Dollarama pros and cons to contact@marketbeat.com.

DOL Stock Analysis - Frequently Asked Questions

Should I buy or sell Dollarama stock right now?: 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Dollarama in the last twelve months. There are currently 6 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" DOL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DOL, but not buy additional shares or sell existing shares.
View DOL analyst ratings or view top-rated stocks.
What is Dollarama's stock price target for 2024?: 10 equities research analysts have issued 12 month price objectives for Dollarama's stock. Their DOL share price targets range from C$85.00 to C$125.00. On average, they expect the company's share price to reach C$109.36 in the next twelve months. This suggests that the stock has a possible downside of 3.2%.
View analysts price targets for DOL or view top-rated stocks among Wall Street analysts.
How have DOL shares performed in 2024?: Dollarama's stock was trading at C$95.49 on January 1st, 2024. Since then, DOL stock has increased by 18.3% and is now trading at C$112.93.
View the best growth stocks for 2024 here.
When is Dollarama's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 5th 2024.
View our DOL earnings forecast.
How were Dollarama's earnings last quarter?: Dollarama Inc. (TSE:DOL) announced its earnings results on Wednesday, June, 7th. The company reported $0.82 earnings per share (EPS) 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 trailing twelve-month return on equity of 516.91% and a net margin of 16.63%.

How often does Dollarama pay dividends? What is the dividend yield for Dollarama?: Dollarama announced a quarterly dividend on Thursday, April 4th. Stockholders of record on Friday, April 19th will be paid a dividend of 0.092 per share on Friday, May 3rd. This represents a $0.37 annualized dividend and a dividend yield of 0.33%. The ex-dividend date of this dividend is Thursday, April 18th. This is a boost from the stock's previous quarterly dividend of C$0.07.
Read our dividend analysis for DOL.
Is Dollarama a good dividend stock?: Dollarama (TSE:DOL) pays an annual dividend of C$0.28 per share and currently has a dividend yield of 0.27%. The dividend payout ratio is 8.43%. 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), Wheaton Precious Metals (WPM), 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 4/19/2024 by MarketBeat.com Staff

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Dollarama (DOL) Stock Price, News & Analysis

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^™