Doman Building Materials Group Ltd. (TSE:DBM – Free Report) – Research analysts at Raymond James lifted their FY2026 EPS estimates for Doman Building Materials Group in a research note issued on Thursday, November 7th. Raymond James analyst D. Swetlishoff now anticipates that the company will post earnings of $1.20 per share for the year, up from their previous 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 recently issued reports on DBM. National Bankshares increased their price objective on shares of Doman Building Materials Group from C$8.50 to C$12.00 and gave the stock an “outperform” rating in a research report on Monday, October 7th. CIBC upped 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. Stifel Nicolaus lifted their target price on shares of 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. Canaccord Genuity Group lifted their price target on shares of Doman Building Materials Group from C$9.00 to C$11.00 and gave the stock a “buy” rating in a report on Wednesday, October 2nd. Finally, TD Securities lifted their price target on shares of Doman Building Materials Group from C$11.50 to C$12.00 in a report on Tuesday, October 22nd. Five research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of C$10.64.
Doman Building Materials Group Stock Performance
Shares of Doman Building Materials Group stock opened at C$8.71 on Monday. The company has a quick ratio of 1.11, a current ratio of 3.78 and a debt-to-equity ratio of 132.33. The stock has a market cap of C$760.30 million, a price-to-earnings ratio of 12.10 and a beta of 1.53. The company’s fifty day moving average is C$8.10 and its 200 day moving average is C$7.47. Doman Building Materials Group has a twelve month low of C$6.32 and a twelve month high of C$9.15.
Doman Building Materials Group (TSE:DBM – Get Free Report) last issued its quarterly earnings data on Friday, August 9th. The company reported C$0.20 earnings per share for the quarter, missing the consensus estimate 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 business had revenue of C$689.83 million during the quarter, compared to the consensus estimate of C$742.90 million.
Doman Building Materials Group Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Friday, September 27th were given a $0.14 dividend. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.56 annualized dividend and a yield of 6.43%. Doman Building Materials Group’s payout ratio is presently 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.
See Also
- Five stocks we like better than Doman Building Materials Group
- 10 Best Airline Stocks to Buy
- California Resources Stock Could Be a Huge Long-Term Winner
- How to Invest in Small Cap Stocks
- Observability Wars: Datadog and Dynatrace Vie for Data Dominance
- Stock Splits, Do They Really Impact Investors?
- Airbnb Stock Attracts Attention With Strong Cash Flow Strategy
Receive News & Ratings for Doman Building Materials Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Doman Building Materials Group and related companies with MarketBeat.com's FREE daily email newsletter.