Doman Building Materials Group Ltd. (TSE:DBM - Free Report) - Investment analysts at Raymond James reduced their FY2025 EPS estimates for Doman Building Materials Group in a research report issued to clients and investors on Monday, March 31st. Raymond James analyst D. Swetlishoff now forecasts that the company will earn $0.77 per share for the year, down from their previous forecast of $1.06. The consensus estimate for Doman Building Materials Group's current full-year earnings is $0.81 per share. Raymond James also issued estimates for Doman Building Materials Group's FY2026 earnings at $0.85 EPS.
A number of other research firms have also recently weighed in on DBM. CIBC cut their price target on Doman Building Materials Group from C$11.50 to C$9.50 and set an "outperform" rating for the company in a report on Tuesday, March 4th. TD Securities set a C$9.50 target price on shares of Doman Building Materials Group and gave the company a "buy" rating in a research note on Tuesday, March 25th. 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 data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of C$10.64.
View Our Latest Stock Analysis on DBM
Doman Building Materials Group Stock Performance
DBM stock remained flat at C$6.57 on Thursday. The company had a trading volume of 81,220 shares, compared to its average volume of 242,137. The firm's 50-day moving average price is C$7.26 and its two-hundred day moving average price is C$8.20. The company has a market capitalization of C$574.21 million, a P/E ratio of 10.15 and a beta of 1.53. The company has a current ratio of 2.94, a quick ratio of 1.11 and a debt-to-equity ratio of 112.91. Doman Building Materials Group has a 12-month low of C$6.30 and a 12-month high of C$9.96.
Insider Activity at Doman Building Materials Group
In related news, Director Marc Seguin purchased 10,000 shares of the firm's stock in a transaction on Tuesday, March 4th. The shares were bought at an average price of C$6.93 per share, for a total transaction of C$69,300.00. Insiders own 20.04% of the company's stock.
Doman Building Materials Group Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th will be paid a $0.14 dividend. The ex-dividend date is Monday, March 31st. This represents a $0.56 annualized dividend and a yield of 8.52%. Doman Building Materials Group's payout ratio is currently 86.55%.
About Doman Building Materials Group
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Doman Building Materials Group Ltd is a wholesale distributor of building materials and home renovation products. The company services the new home construction, home renovation and industrial markets by supplying the retail and wholesale lumber and building materials industry, hardware stores, industrial and furniture manufacturers and similar concerns.
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