Dollarama Inc. (TSE:DOL) Director Paul Roche Sells 5,541 Shares

Dollarama Inc. (TSE:DOL) Director Paul Roche sold 5,541 shares of the business’s stock in a transaction that occurred on Tuesday, April 16th. The shares were sold at an average price of C$111.23, for a total value of C$616,316.56.

Paul Roche also recently made the following trade(s):

• On Tuesday, April 9th, Paul Roche sold 707 shares of Dollarama stock. The stock was sold at an average price of C$111.88, for a total value of C$79,100.01.

Dollarama Trading Down 0.1 %

Shares of Dollarama stock traded down C$0.13 on Friday, reaching C$112.80. 346,394 shares of the company were exchanged, compared to its average volume of 489,447. The stock has a fifty day moving average price of C$105.51 and a 200-day moving average price of C$99.87. The firm has a market capitalization of C$31.72 billion, a price-to-earnings ratio of 33.98, a price-to-earnings-growth ratio of 1.93 and a beta of 0.57. The company has a current ratio of 1.51, a quick ratio of 0.08 and a debt-to-equity ratio of 1,477.71. Dollarama Inc. has a fifty-two week low of C$80.81 and a fifty-two week high of C$114.81.

Dollarama Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 3rd. Stockholders of record on Friday, April 19th will be given a dividend of $0.092 per share. The ex-dividend date is Thursday, April 18th. This is a positive change from Dollarama’s previous quarterly dividend of $0.07. This represents a $0.37 dividend on an annualized basis and a dividend yield of 0.33%. Dollarama’s payout ratio is 8.43%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on DOL shares. Royal Bank of Canada boosted their price target on Dollarama from C$118.00 to C$125.00 in a research report on Friday, April 5th. National Bankshares boosted their price target on Dollarama from C$112.00 to C$120.00 in a research report on Friday, April 5th. BMO Capital Markets boosted their price target on Dollarama from C$105.00 to C$124.00 in a research report on Friday, April 5th. Stifel Nicolaus boosted their price target on Dollarama from C$100.00 to C$110.00 in a research report on Friday, April 5th. Finally, Canaccord Genuity Group boosted their price objective on Dollarama from C$98.00 to C$100.00 in a research note on Monday, April 1st. Six investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of C$109.36.

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.