Doman Building Materials Group (DBM) Stock Price, News & Analysis

Company Overview

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. It is also involved in agricultural post-peeling and pressure treating activities, as well as timber ownership and management of private timberlands and forest licenses; and provides other value-add services. In addition, the company distributes lumber products. It sells its products to small independent lumber yards, regional building material dealers, home improvement chains, and retailers. The company serves its products to new home construction, home renovation, and industrial markets. The company was formerly known as CanWel Building Materials Group Ltd. and changed its name to Doman Building Materials Group Ltd. in May 2021. Doman Building Materials Group Ltd. was founded in 1989 and is headquartered in Vancouver, Canada.

Key Stats

• Today's Range: C$9.40 to C$9.67
• 50-Day Range: C$7.17 to C$9.44
• 52-Week Range: C$6.32 to C$9.67
• Volume: 141,998 shs
• Average Volume: 198,526 shs
• Market Capitalization: C$838.86 million
• P/E Ratio: 13.35
• Dividend Yield: 5.83%
• Price Target: C$10.64
• Consensus Rating: Buy

Doman Building Materials Group Stock Analysis - MarketRank™

Doman Building Materials Group scored higher than 70% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.6 / 5
• Analyst Rating: Buy

Consensus Rating

Doman Building Materials Group has received a consensus rating of Buy. The company's average rating score is 3.17, and is based on 5 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Doman Building Materials Group has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Doman Building Materials Group is 13.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.15.

Price to Earnings Ratio vs. Sector

The P/E ratio of Doman Building Materials Group is 13.35, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 525.84.

Price to Book Value per Share Ratio

Doman Building Materials Group has a P/B Ratio of 1.37. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for DBM.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Doman Building Materials Group is a leading dividend payer. It pays a dividend yield of 6.39%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Doman Building Materials Group does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Doman Building Materials Group is 77.78%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for DBM.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.80

News Sentiment

Doman Building Materials Group has a news sentiment score of 0.80. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.42 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Doman Building Materials Group this week, compared to 1 article on an average week.

MarketBeat Follows

Only 2 people have added Doman Building Materials Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Doman Building Materials Group insiders have not sold or bought any company stock.

Percentage Held by Insiders

20.04% of the stock of Doman Building Materials Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 4.37% of the stock of Doman Building Materials Group is held by institutions.

DBM Stock Analysis - Frequently Asked Questions

How have DBM shares performed this year?

Doman Building Materials Group's stock was trading at C$8.29 at the beginning of the year. Since then, DBM shares have increased by 15.9% and is now trading at C$9.61.
View the best growth stocks for 2024 here.

How were Doman Building Materials Group's earnings last quarter?

Doman Building Materials Group Ltd. (TSE:DBM) posted its earnings results on Thursday, July, 27th. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.01. The firm earned $320.04 million during the quarter, compared to analyst estimates of $300.28 million. Doman Building Materials Group had a trailing twelve-month return on equity of 10.63% and a net margin of 2.56%.

How do I buy shares of Doman Building Materials Group?

Shares of DBM stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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What other stocks do shareholders of Doman Building Materials Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Doman Building Materials Group investors own include Toronto-Dominion Bank (TD), NVIDIA (NVDA), Whitecap Resources (WCP), Enbridge (ENB), TELUS (T), Bank of Nova Scotia (BNS) and Freehold Royalties (FRU).

Company Calendar

• Last Earnings: 7/27/2017
• Ex-Dividend for 10/15 Dividend: 9/27/2024
• Dividend Payable: 10/15/2024
• Today: 11/21/2024
• Next Earnings (Estimated): 3/06/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Industrials
• Industry: Industrial Distribution
• Sub-Industry: N/A
• Current Symbol: TSE:DBM
• CUSIP: N/A
• CIK: N/A
• Web: www.canwel.com
• Phone: +1-604-4321400
• Fax: N/A
• Employees: 1,232
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$10.64
• High Stock Price Target: C$12.00
• Low Stock Price Target: C$9.00
• Potential Upside/Downside: +11.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.17
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.72
• Trailing P/E Ratio: 13.29
• Forward P/E Ratio: 11.89
• P/E Growth: N/A
• Net Income: C$63.04 million
• Net Margins: 2.56%
• Pretax Margin: N/A
• Return on Equity: 10.63%
• Return on Assets: 4.52%

Debt

• Debt-to-Equity Ratio: 132.33
• Current Ratio: 3.78
• Quick Ratio: 1.11

Sales & Book Value

• Annual Sales: C$2.46 billion
• Price / Sales: 0.34
• Cash Flow: C$0.06 per share
• Price / Cash Flow: 166.76
• Book Value: C$7.02 per share
• Price / Book: 1.36

Miscellaneous

• Outstanding Shares: 87,290,000
• Free Float: N/A
• Market Cap: C$835.37 million
• Optionable: Not Optionable
• Beta: 1.53