Doman Building Materials Group Ltd. (TSE:DBM – Free Report) – Equities researchers at Raymond James dropped their FY2026 earnings estimates for shares of 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 previous estimate of $0.85. The consensus estimate for Doman Building Materials Group’s current full-year earnings is $0.81 per share.
A number of other equities research analysts have also recently commented on the stock. Royal Bank of Canada reduced their target price on shares of Doman Building Materials Group from C$11.00 to C$10.00 and set an “outperform” rating for the company in a report on Tuesday, April 22nd. Cibc World Mkts cut Doman Building Materials Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 22nd. CIBC lowered shares of Doman Building Materials Group from an “outperform” rating to a “neutral” rating and set a C$7.50 price objective on the stock. in a research report on Tuesday, April 22nd. TD Securities lifted their price objective on shares of Doman Building Materials Group from C$9.50 to C$10.00 in a research report on Monday. Finally, Stifel Nicolaus lifted their price objective on shares of Doman Building Materials Group from C$8.00 to C$9.00 in a research report on Monday. Two investment analysts have rated the stock with a hold rating, five have issued 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 “Moderate Buy” and a consensus price target of C$10.13.
Doman Building Materials Group Price Performance
Shares of TSE:DBM opened at C$8.53 on Monday. The company has a 50-day simple moving average of C$6.89 and a 200-day simple moving average of 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 company has a debt-to-equity ratio of 112.91, a quick ratio of 1.11 and a current ratio of 2.94. The stock has a market capitalization of C$745.52 million, a price-to-earnings ratio of 13.18 and a beta of 1.53.
Insider Buying and Selling
In related news, Director Marc Seguin bought 10,000 shares of Doman Building Materials Group stock in a transaction that occurred on Tuesday, March 4th. The shares were purchased at an average price of C$6.93 per share, with a total value of C$69,300.00. Insiders own 20.04% of the company’s stock.
Doman Building Materials Group Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th were issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 6.57%. The ex-dividend date of this dividend was Monday, March 31st. Doman Building Materials Group’s dividend payout ratio 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.
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