What is Raymond James’ Estimate for TSE:DBM FY2025 Earnings?

Doman Building Materials Group Ltd. (TSE:DBM) – Equities researchers at Raymond James dropped their FY2025 earnings estimates for shares of Doman Building Materials Group in a note issued to investors on Monday, March 31st. Raymond James analyst D. Swetlishoff now anticipates that the company will post earnings per share of $0.77 for the year, down from their previous estimate of $1.06. The consensus estimate for Doman Building Materials Group’s current full-year earnings is $0.81 per share. Raymond James also issued estimates for Doman Building Materials Group’s FY2026 earnings at $0.85 EPS.

A number of other equities research analysts also recently commented on the company. CIBC reduced their target price on Doman Building Materials Group from C$11.50 to C$9.50 and set an “outperform” rating for the company in a report on Tuesday, March 4th. TD Securities set a C$9.50 price target on Doman Building Materials Group and gave the stock a “buy” rating in a research note on Tuesday, March 25th. Five analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Doman Building Materials Group presently has an average rating of “Buy” and an average target price of C$10.64.

Doman Building Materials Group Stock Performance

TSE DBM opened at C$6.92 on Thursday. The company has a current ratio of 2.94, a quick ratio of 1.11 and a debt-to-equity ratio of 112.91. The business’s 50 day moving average is C$7.35 and its two-hundred day moving average is C$8.22. The stock has a market capitalization of C$604.80 million, a price-to-earnings ratio of 10.70 and a beta of 1.53. Doman Building Materials Group has a 12-month low of C$6.32 and a 12-month high of C$9.96.

Insider Buying and Selling at Doman Building Materials Group

In related news, Director Marc Seguin acquired 10,000 shares of the business’s stock in a transaction dated Tuesday, March 4th. The shares were acquired at an average cost of C$6.93 per share, for a total transaction of C$69,300.00. 20.04% of the stock is currently owned by insiders.

Doman Building Materials Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th will be given a dividend of $0.14 per share. The ex-dividend date is Monday, March 31st. This represents a $0.56 dividend on an annualized basis and a yield of 8.09%. Doman Building Materials Group’s dividend payout ratio (DPR) is currently 86.55%.

About Doman Building Materials Group

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.