Tue Sep 17 06:45:17 UTC 2024: ## Dollarama’s Earnings Estimates Raised, Analysts Remain Optimistic

**Toronto, Canada -** Dollarama Inc. (TSE:DOL) is seeing a surge in optimism from analysts, with several research firms increasing their price targets and earnings estimates for the company.

Desjardins analyst C. Li raised the FY2025 EPS forecast for Dollarama to $4.08 per share, up from their previous estimate of $4.03. This is still below the consensus estimate of $4.50 per share for the full year. Desjardins also projected Q4 2025 earnings at $1.32 EPS and FY2026 earnings at $4.58 EPS.

The bullish sentiment extends beyond Desjardins. Stifel Nicolaus boosted their price target to C$136.00, BMO Capital Markets upped their price objective to C$147.00, and TD Securities upgraded the stock to a “buy” rating with a price objective of C$154.00. Cfra also raised their rating to “buy” and increased their price target to C$155.00.

However, not all analysts are as enthusiastic. Wells Fargo & Company downgraded Dollarama to an “equal weight” rating and lowered their price target to C$130.00.

Overall, the consensus rating for Dollarama remains a “Moderate Buy” with an average price target of C$139.18.

**Insider Trading**

Several senior officers at Dollarama have recently sold shares of the company. Notably, Mark Di Pesa sold 1,000 shares at an average price of C$130.17 on July 10th. Director John Assaly also sold 7,202 shares at an average price of C$128.03 on July 16th.

**Dividend Announcement**

Dollarama declared a quarterly dividend of $0.092 per share, payable on November 1st. This represents a $0.37 annualized dividend and a yield of 0.27%.

**About Dollarama**

Dollarama operates a chain of dollar stores in Canada, offering general merchandise, consumables, and seasonal products. The company also sells its products online.

**Disclaimer:** This article is for informational purposes only and should not be considered financial advice.

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