Stifel Canada Has Optimistic View of TSE:DBM FY2025 Earnings

Doman Building Materials Group Ltd. (TSE:DBM) – Stock analysts at Stifel Canada lifted their FY2025 earnings estimates for shares of Doman Building Materials Group in a research report issued to clients and investors on Sunday, November 10th. Stifel Canada analyst I. Gillies now expects that the company will post earnings per share of $0.89 for the year, up from their prior estimate of $0.78. 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 weighed in on DBM. Canaccord Genuity Group raised 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 report on Wednesday, October 2nd. CIBC raised their price target on shares of Doman Building Materials Group from C$8.50 to C$9.00 and gave the company an “outperform” rating in a report on Wednesday, October 2nd. TD Securities raised their price objective on shares of Doman Building Materials Group from C$11.50 to C$12.00 in a report on Tuesday, October 22nd. National Bankshares raised 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 report on Monday, October 7th. Finally, Raymond James raised their price objective on shares of Doman Building Materials Group from C$9.75 to C$11.50 and gave the stock a “strong-buy” rating in a report on Wednesday, October 2nd. Five investment 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.com, Doman Building Materials Group presently has a consensus rating of “Buy” and an average price target of C$10.64.

Doman Building Materials Group Price Performance

DBM opened at C$9.03 on Wednesday. The company has a fifty day simple moving average of C$8.22 and a 200 day simple moving average of C$7.50. The firm has a market cap of C$788.23 million, a price-to-earnings ratio of 12.54 and a beta of 1.53. Doman Building Materials Group has a twelve month low of C$6.32 and a twelve month high of C$9.17. The company has a current ratio of 3.78, a quick ratio of 1.11 and a debt-to-equity ratio of 132.33.

Doman Building Materials Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Friday, September 27th were issued a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 6.20%. The ex-dividend date of this dividend was Friday, September 27th. Doman Building Materials Group’s dividend payout ratio (DPR) is presently 77.78%.

Doman Building Materials Group Company Profile

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.