Stifel Canada Issues Negative Estimate for TSE:DBM Earnings

Doman Building Materials Group Ltd. (TSE:DBM) – Investment analysts at Stifel Canada decreased their FY2025 earnings per share (EPS) estimates for Doman Building Materials Group in a research note issued to investors on Wednesday, April 16th. Stifel Canada analyst I. Gillies now forecasts that the company will post earnings of $0.39 per share for the year, down from their previous forecast of $0.48. The consensus estimate for Doman Building Materials Group’s current full-year earnings is $0.81 per share. Stifel Canada also issued estimates for Doman Building Materials Group’s FY2026 earnings at $0.44 EPS.

A number of other research firms have also weighed in on DBM. Raymond James reduced their target price on Doman Building Materials Group from C$12.00 to C$11.50 in a research note on Thursday, January 30th. CIBC reduced their price target on shares of Doman Building Materials Group from C$11.50 to C$9.50 and set an “outperform” rating on the stock in a research note on Tuesday, March 4th. Stifel Nicolaus lowered their price objective on shares of Doman Building Materials Group from C$9.00 to C$8.00 and set a “buy” rating for the company in a research report on Thursday. Finally, TD Securities set a C$9.50 target price on shares of Doman Building Materials Group and gave the stock a “buy” rating in a research report on Tuesday, March 25th. Five analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of C$10.07.

Doman Building Materials Group Price Performance

Shares of DBM stock opened at C$6.86 on Friday. The stock has a 50 day moving average price of C$7.02 and a 200 day moving average price of C$8.12. Doman Building Materials Group has a 52-week low of C$6.30 and a 52-week 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 firm has a market capitalization of C$599.56 million, a P/E ratio of 10.60 and a beta of 1.53.

Doman Building Materials Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th were given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 8.16%. The ex-dividend date was Monday, March 31st. Doman Building Materials Group’s dividend payout ratio (DPR) is 86.55%.

Insider Activity

In related news, Director Marc Seguin bought 10,000 shares of the company’s stock in a transaction on Tuesday, March 4th. The shares were acquired at an average price of C$6.93 per share, with a total value of C$69,300.00. Company insiders own 20.04% of the company’s stock.

Doman Building Materials Group Company Profile

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.