FY2025 EPS Estimates for TSE:DBM Raised by Stifel Canada

Doman Building Materials Group Ltd. (TSE:DBM - Free Report) - Equities researchers at Stifel Canada increased their FY2025 earnings estimates for Doman Building Materials Group in a research note issued to investors on Sunday, November 10th. Stifel Canada analyst I. Gillies now expects that the company will earn $0.89 per share for the year, up from their previous estimate of $0.78. The consensus estimate for Doman Building Materials Group's current full-year earnings is $0.81 per share.

Other analysts have also issued research reports about the company. TD Securities increased their price objective on Doman Building Materials Group from C$11.50 to C$12.00 in a research note on Tuesday, October 22nd. National Bankshares increased their price target on shares of 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. Stifel Nicolaus boosted their price objective on shares of Doman Building Materials Group from C$9.25 to C$10.00 and gave the company a "buy" rating in a research report on Thursday, October 17th. CIBC increased 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 report on Wednesday, October 2nd. Finally, Raymond James boosted their price target on Doman Building Materials Group from C$9.75 to C$11.50 and gave the company a "strong-buy" rating in a report on Wednesday, October 2nd. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of C$10.64.

Doman Building Materials Group Price Performance

Shares of DBM stock traded down C$0.07 during trading hours on Wednesday, hitting C$9.03. 214,068 shares of the company's stock were exchanged, compared to its average volume of 197,888. The company has a market capitalization of C$788.23 million, a PE ratio of 12.54 and a beta of 1.53. The company has a current ratio of 3.78, a quick ratio of 1.11 and a debt-to-equity ratio of 132.33. Doman Building Materials Group has a 12-month low of C$6.32 and a 12-month high of C$9.17. The business's 50 day simple moving average is C$8.22 and its 200-day simple moving average is C$7.50.

Doman Building Materials Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Friday, September 27th were issued a $0.14 dividend. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.56 annualized dividend and a dividend yield of 6.20%. Doman Building Materials Group's dividend payout ratio (DPR) is 77.78%.

Doman Building Materials Group Company Profile

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.