FY2025 EPS Estimates for TSE:DBM Increased by Stifel Canada

Doman Building Materials Group Ltd. (TSE:DBM) – Stifel Canada lifted their FY2025 EPS estimates for Doman Building Materials Group in a research report issued to clients and investors on Sunday, November 10th. Stifel Canada analyst I. Gillies now anticipates 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.

Several other research firms have also commented on DBM. Stifel Nicolaus increased their price target 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. 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 research report on Wednesday, October 2nd. 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. CIBC upped their price objective on shares of Doman Building Materials Group from C$8.50 to C$9.00 and gave the company an “outperform” rating in a research note on Wednesday, October 2nd. Finally, TD Securities upped their price objective on shares of Doman Building Materials Group from C$11.50 to C$12.00 in a research note on Tuesday, October 22nd. Five equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of C$10.64.

Doman Building Materials Group Trading Down 0.8 %

Shares of DBM opened at C$9.03 on Wednesday. The company has a current ratio of 3.78, a quick ratio of 1.11 and a debt-to-equity ratio of 132.33. The firm’s 50-day moving average is C$8.22 and its two-hundred day moving average is C$7.50. Doman Building Materials Group has a twelve month low of C$6.32 and a twelve month high of C$9.17. The firm has a market capitalization of C$788.23 million, a P/E ratio of 12.54 and a beta of 1.53.

Doman Building Materials Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Friday, September 27th were paid a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 6.20%. The ex-dividend date was Friday, September 27th. Doman Building Materials Group’s dividend payout ratio 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.