Doman Building Materials Group Ltd. (TSE:DBM – Free Report) – Investment analysts at Raymond James lowered their FY2026 earnings per share estimates for Doman Building Materials Group in a note issued to investors on Thursday, May 8th. Raymond James analyst D. Swetlishoff now anticipates that the company will post earnings per share of $0.83 for the year, down from their prior forecast of $0.85. The consensus estimate for Doman Building Materials Group’s current full-year earnings is $0.81 per share.
Other equities research analysts have also issued research reports about the company. CIBC lowered Doman Building Materials Group from an “outperform” rating to a “neutral” rating and set a C$7.50 target price on the stock. in a research report on Tuesday, April 22nd. Cibc World Mkts lowered Doman Building Materials Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 22nd. Royal Bank of Canada dropped their target price on Doman Building Materials Group from C$11.00 to C$10.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 22nd. Stifel Nicolaus dropped their target price on Doman Building Materials Group from C$9.00 to C$8.00 and set a “buy” rating on the stock in a research report on Thursday, April 17th. Finally, TD Securities set a C$9.50 target price on Doman Building Materials Group and gave the company a “buy” rating in a research report on Tuesday, March 25th. Two research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of C$9.93.
Doman Building Materials Group Trading Up 13.3%
TSE DBM opened at C$8.09 on Monday. The stock’s 50-day moving average is C$6.86 and its 200-day moving average is C$7.92. Doman Building Materials Group has a one year low of C$6.30 and a one year high of C$9.96. The firm has a market cap of C$707.06 million, a P/E ratio of 12.50 and a beta of 1.53. The company has a debt-to-equity ratio of 112.91, a current ratio of 2.94 and a quick ratio of 1.11.
Insiders Place Their Bets
In other Doman Building Materials Group news, Director Marc Seguin bought 10,000 shares of Doman Building Materials Group stock in a transaction dated Tuesday, March 4th. The stock was bought at an average cost 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 business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th were given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 6.92%. The ex-dividend date was Monday, March 31st. Doman Building Materials Group’s dividend payout ratio (DPR) is 86.55%.
Doman Building Materials Group Company Profile
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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