Stifel Canada Has Optimistic View of TSE:DBM FY2025 Earnings

Doman Building Materials Group Ltd. (TSE:DBM) – Equities researchers at Stifel Canada upped their FY2025 EPS estimates for Doman Building Materials Group in a research note issued on Sunday, November 10th. Stifel Canada analyst I. Gillies now forecasts 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.

A number of other analysts have also commented on the company. Stifel Nicolaus lifted their target price on Doman Building Materials Group from C$9.25 to C$10.00 and gave the stock a “buy” rating in a report on Thursday, October 17th. Raymond James boosted 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. National Bankshares raised 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 report on Monday, October 7th. Canaccord Genuity Group boosted their price objective 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. Finally, CIBC raised 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. Five investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Doman Building Materials Group has a consensus rating of “Buy” and a consensus price target of C$10.64.

Doman Building Materials Group Price Performance

Shares of DBM opened at C$9.20 on Wednesday. The company has a market capitalization of C$803.07 million, a P/E ratio of 12.75 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$9.23. 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 firm has a 50 day moving average of C$8.22 and a 200 day moving average of C$7.50.

Doman Building Materials Group Dividend Announcement

The firm also recently announced 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. The ex-dividend date was Friday, September 27th. This represents a $0.56 dividend on an annualized basis and a yield of 6.09%. 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.