FY2026 Earnings Forecast for TSE:DBM Issued By Raymond James

Doman Building Materials Group Ltd. (TSE:DBM - Free Report) - Investment analysts at Raymond James increased their FY2026 earnings estimates for shares of Doman Building Materials Group in a report released on Thursday, November 7th. Raymond James analyst D. Swetlishoff now expects that the company will earn $1.20 per share for the year, up from their prior forecast of $1.18. Raymond James has a "Strong-Buy" rating and a $11.50 price objective on the stock. The consensus estimate for Doman Building Materials Group's current full-year earnings is $0.81 per share.

A number of other research firms have also commented on DBM. TD Securities lifted their price objective on Doman Building Materials Group from C$11.50 to C$12.00 in a research note on Tuesday, October 22nd. Stifel Nicolaus lifted their price target on Doman Building Materials Group from C$9.25 to C$10.00 and gave the stock a "buy" rating in a research report on Thursday, October 17th. National Bankshares increased their price objective on Doman Building Materials Group from C$8.50 to C$12.00 and gave the company an "outperform" rating in a research report on Monday, October 7th. CIBC boosted their target price on shares of Doman Building Materials Group from C$8.50 to C$9.00 and gave the stock an "outperform" rating in a research report on Wednesday, October 2nd. Finally, Canaccord Genuity Group increased their price target on shares of Doman Building Materials Group from C$9.00 to C$11.00 and gave the company a "buy" rating in a report on Wednesday, October 2nd. Five research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of C$10.64.

Doman Building Materials Group Stock Up 4.2 %

Shares of DBM traded up C$0.37 during trading hours on Monday, hitting C$9.08. 400,303 shares of the company were exchanged, compared to its average volume of 197,199. The company has a debt-to-equity ratio of 132.33, a quick ratio of 1.11 and a current ratio of 3.78. The firm's 50 day moving average is C$8.10 and its 200-day moving average is C$7.47. The company has a market cap of C$792.59 million, a PE ratio of 12.60 and a beta of 1.53. Doman Building Materials Group has a 52 week low of C$6.32 and a 52 week high of C$9.17.

Doman Building Materials Group (TSE:DBM - Get Free Report) last released its quarterly earnings data on Friday, August 9th. The company reported C$0.20 EPS for the quarter, missing analysts' consensus estimates of C$0.22 by C($0.02). Doman Building Materials Group had a return on equity of 10.63% and a net margin of 2.56%. The firm had revenue of C$689.83 million during the quarter, compared to analyst estimates of C$742.90 million.

Doman Building Materials Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Friday, September 27th were given a dividend of $0.14 per share. The ex-dividend date was Friday, September 27th. This represents a $0.56 annualized dividend and a dividend yield of 6.17%. Doman Building Materials Group's dividend payout ratio (DPR) is currently 77.78%.

About Doman Building Materials Group

Doman Building Materials Group Ltd., through its subsidiaries, engages in the wholesale distribution of building materials and home renovation products in the United States and Canada. The company offers treated wood; siding and trim; decking and aluminum railing; engineered wood products; roofing products; insulation and wrap products; and lumber and plywood products.