FY2025 EPS Estimates for TSE:DBM Cut by Stifel Canada

Doman Building Materials Group Ltd. (TSE:DBM) – Equities research analysts at Stifel Canada lowered their FY2025 earnings estimates for Doman Building Materials Group in a research report issued to clients and investors on Wednesday, October 16th. Stifel Canada analyst I. Gillies now expects that the company will earn $0.78 per share for the year, down from their prior forecast of $0.79. The consensus estimate for Doman Building Materials Group’s current full-year earnings is $0.81 per share.

Doman Building Materials Group (TSE:DBM) last announced its earnings results 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). The business had revenue of C$689.83 million for the quarter, compared to the consensus estimate of C$742.90 million. Doman Building Materials Group had a net margin of 2.56% and a return on equity of 10.63%.

Several other research firms have also recently commented on DBM. National Bankshares upped their target price 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 note 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 report on Wednesday, October 2nd. Raymond James lifted their target price on Doman Building Materials Group from C$9.75 to C$11.50 and gave the stock a “strong-buy” rating in a research report on Wednesday, October 2nd. Stifel Nicolaus upped their price target on Doman Building Materials Group from C$9.25 to C$10.00 and gave the company a “buy” rating in a report on Thursday, October 17th. Finally, Royal Bank of Canada decreased their price objective on Doman Building Materials Group from C$10.00 to C$9.00 in a report on Thursday, July 11th. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Doman Building Materials Group has an average rating of “Buy” and an average target price of C$10.42.

Doman Building Materials Group Stock Down 1.7 %

Shares of DBM stock opened at C$8.64 on Monday. The stock has a 50 day moving average of C$7.68 and a 200-day moving average of C$7.43. The firm has a market cap of C$754.19 million, a PE ratio of 12.00 and a beta of 1.53. The company has a quick ratio of 1.11, a current ratio of 3.78 and a debt-to-equity ratio of 132.33. Doman Building Materials Group has a 12 month low of C$6.32 and a 12 month high of C$9.15.

Doman Building Materials Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Friday, September 27th were issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 6.48%. The ex-dividend date was Friday, September 27th. Doman Building Materials Group’s payout ratio is 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.