--- title: "Dollarama (TSE:DOL) Hits New 1-Year High at $129.78" description: "Dollarama Inc. (TSE:DOL) reached a new 52-week high, trading at $129.78. Several research firms have issued reports on DOL, with five analysts rating the stock as a buy. The company has a market capit" type: "news" locale: "en" url: "https://longbridge.com/en/news/208386984.md" published_at: "2024-07-09T18:52:43.000Z" --- # Dollarama (TSE:DOL) Hits New 1-Year High at $129.78 > Dollarama Inc. (TSE:DOL) reached a new 52-week high, trading at $129.78. Several research firms have issued reports on DOL, with five analysts rating the stock as a buy. The company has a market capitalization of $36.23 billion and a P/E ratio of 36.07. Dollarama recently announced a quarterly dividend of $0.092 per share. Insiders have sold 127,179 shares of company stock. Dollarama operates a chain of dollar stores in Canada. Dollarama Inc. (TSE:DOL - Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$129.78 and last traded at C$129.67, with a volume of 67477 shares traded. The stock had previously closed at C$128.76. ## Analyst Upgrades and Downgrades Several research firms have issued reports on DOL. Canaccord Genuity Group raised their price target on shares of Dollarama from C$112.00 to C$125.00 in a research report on Monday, June 10th. BMO Capital Markets raised their price target on shares of Dollarama from C$124.00 to C$133.00 and gave the stock an "outperform" rating in a research report on Monday, June 3rd. CIBC lifted their target price on shares of Dollarama from C$115.00 to C$128.00 and gave the company a "neutral" rating in a research report on Thursday, June 13th. Royal Bank of Canada lifted their target price on shares of Dollarama from C$136.00 to C$138.00 and gave the company an "outperform" rating in a research report on Thursday, June 13th. Finally, Stifel Nicolaus lifted their target price on shares of Dollarama from C$110.00 to C$125.00 and gave the company a "hold" rating in a research report on Thursday, June 13th. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of C$125.80. **Check Out Our Latest Stock Report on DOL** ## Dollarama Stock Performance The company has a market capitalization of C$36.23 billion, a P/E ratio of 36.07, a P/E/G ratio of 1.93 and a beta of 0.52. The company has a debt-to-equity ratio of 1,137.89, a current ratio of 1.93 and a quick ratio of 0.08. The stock's 50 day simple moving average is C$123.18 and its two-hundred day simple moving average is C$110.26. Dollarama (TSE:DOL - Get Free Report) last announced its earnings results on Wednesday, June 12th. The company reported C$0.77 earnings per share for the quarter, topping analysts' consensus estimates of C$0.75 by C$0.02. Dollarama had a net margin of 17.22% and a return on equity of 493.80%. The company had revenue of C$1.41 billion during the quarter, compared to the consensus estimate of C$1.41 billion. As a group, research analysts expect that Dollarama Inc. will post 4.5049541 earnings per share for the current year. ## Dollarama Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Friday, August 2nd. Investors of record on Friday, August 2nd will be issued a dividend of $0.092 per share. This represents a $0.37 annualized dividend and a yield of 0.28%. The ex-dividend date is Friday, July 5th. Dollarama's payout ratio is 8.43%. ## Insiders Place Their Bets In other Dollarama news, Director Paul Roche sold 5,541 shares of the company's stock in a transaction on Tuesday, April 16th. The shares were sold at an average price of C$111.23, for a total transaction of C$616,316.56. In other news, Director Paul Roche sold 5,541 shares of the stock in a transaction dated Tuesday, April 16th. The shares were sold at an average price of C$111.23, for a total value of C$616,316.56. Also, Director John Assaly sold 1,336 shares of the stock in a transaction dated Thursday, April 18th. The shares were sold at an average price of C$112.36, for a total transaction of C$150,106.41. Over the last three months, insiders have sold 127,179 shares of company stock valued at $15,147,404. 2.92% of the stock is currently owned by corporate insiders. ## Dollarama Company Profile (Get Free Report) 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. ## Featured Stories - Five stocks we like better than Dollarama - High Flyers: 3 Natural Gas Stocks for March 2022 - 3 Insider-Buy Stocks to Add to Your Watchlist Now - The How And Why of Investing in Oil Stocks - Commvault Stock: AI Cybersecurity Giant Ready to Double Again - What is Put Option Volume? - Intuit Stock Ready to Soar: RBC Sees Big Upside with GenAI *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.* → Deadline to collect dividend: Thursday, July 18th (From Investors Alley) (Ad)## Should you invest $1,000 in Dollarama right now? Before you consider Dollarama, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Dollarama wasn't on the list. While Dollarama currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [DOL.US - Wt Inlt L-Cp Dvd](https://longbridge.com/en/quote/DOL.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 信用利差可能会因股票相关性而遭遇意外的冲击 | 由彭博社宏观策略师西蒙·怀特撰写，平静的信用利差如果股票经历相关性冲击将会突然上升。尽管科技股和私人信贷中存在一些压力，以及与伊朗相关的风险不断增加，但总体信用指标仍然温和 | [Link](https://longbridge.com/en/news/276469020.md) | | 实验美控控股的股票：华尔街是持看涨态度还是看跌态度？ | 实验美控股票：华尔街是看涨还是看跌？ | [Link](https://longbridge.com/en/news/276331774.md) | | 分析 - 奢侈品股票的波动性突显出 AI 引发的紧张情绪以及对冲基金的仓位调整 | 奢侈品股票，包括 LVMH 和开云，因对冲基金的仓位和投资者对人工智能影响的担忧而经历了加剧的波动。在经历了两年的放缓后，这些公司面临着股价的剧烈波动，像迪奥和古驰等品牌的高端产品（如手袋和设计师服装）的销售正在下降 | [Link](https://longbridge.com/en/news/276095423.md) | | 周五联合航空的股票发生了什么情况？ | 联合航空（NASDAQ: UAL）股票在因燃料成本上升而出现的先前下跌后略有回升。该股票目前交易价格比其 20 日简单移动平均线高出 0.6%，比其 100 日简单移动平均线高出 5.9%，显示出长期的强劲表现。分析师维持 “买入” 评级， | [Link](https://longbridge.com/en/news/276447862.md) | | 阿尔伯塔投资管理公司降低了其在联合健康集团公司 $UNH 的股票头寸 | 阿尔伯塔投资管理公司已大幅减少其在联合健康集团（NYSE: UNH）中的持股比例，降幅达到 98.8%，目前仅持有 900 股，此前在第三季度出售了 72,500 股。该公司的持股价值为 311,000 美元。其他投资者也在联合健康集团进行 | [Link](https://longbridge.com/en/news/276427903.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.