National Bank Financial Predicts Dollarama FY2027 Earnings

Dollarama Inc. (TSE:DOL) – National Bank Financial cut their FY2027 earnings per share (EPS) estimates for Dollarama in a research note issued to investors on Wednesday, December 4th. National Bank Financial analyst V. Shreedhar now expects that the company will earn $4.95 per share for the year, down from their prior estimate of $4.96. National Bank Financial has a “Hold” rating on the stock. The consensus estimate for Dollarama’s current full-year earnings is $5.33 per share.

Several other analysts have also issued reports on DOL. Stifel Nicolaus boosted their price target on Dollarama from C$136.00 to C$140.00 in a report on Thursday, December 5th. BMO Capital Markets upped their price target on shares of Dollarama from C$147.00 to C$154.00 in a research report on Friday, November 22nd. TD Securities raised their price objective on shares of Dollarama from C$154.00 to C$160.00 in a research report on Thursday, December 5th. Desjardins upped their target price on shares of Dollarama from C$147.00 to C$150.00 and gave the stock a “buy” rating in a report on Tuesday, December 3rd. Finally, Canaccord Genuity Group raised their price target on Dollarama from C$138.00 to C$140.00 and gave the company a “hold” rating in a report on Thursday, November 28th. Seven research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of C$145.00.

Dollarama Stock Down 1.3 %

Shares of DOL stock opened at C$140.13 on Monday. Dollarama has a 12 month low of C$89.93 and a 12 month high of C$152.97. The company has a 50 day simple moving average of C$144.20 and a two-hundred day simple moving average of C$134.60. The stock has a market cap of C$39.49 billion, a P/E ratio of 36.30, a P/E/G ratio of 1.93 and a beta of 0.56. The company has a current ratio of 1.99, a quick ratio of 0.08 and a debt-to-equity ratio of 391.24.

Dollarama (TSE:DOL) last released its quarterly earnings results on Wednesday, September 11th. The company reported C$1.02 EPS for the quarter, beating the consensus estimate of C$0.96 by C$0.06. The firm had revenue of C$1.56 billion during the quarter, compared to analyst estimates of C$1.57 billion. Dollarama had a net margin of 17.85% and a return on equity of 156.46%.

Dollarama Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 1st. Investors of record on Friday, November 1st were given a $0.092 dividend. This represents a $0.37 annualized dividend and a yield of 0.26%. The ex-dividend date was Friday, October 4th. Dollarama’s dividend payout ratio is presently 9.59%.

Insider Activity at Dollarama

In other news, Senior Officer Mark Di Pesa sold 530 shares of the stock in a transaction on Friday, October 11th. The shares were sold at an average price of C$143.47, for a total value of C$76,039.10. Also, Director Nicolas Hien sold 5,167 shares of the stock in a transaction dated Tuesday, September 17th. The stock was sold at an average price of C$135.18, for a total transaction of C$698,490.04. Insiders have sold a total of 7,697 shares of company stock valued at $1,049,979 over the last 90 days. 2.23% of the stock is owned by corporate insiders.

About Dollarama

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.