FY2025 EPS Estimates for Doman Building Materials Group Ltd. Boosted by Stifel Canada (TSE:DBM)

Doman Building Materials Group Ltd. (TSE:DBM) – Analysts at Stifel Canada increased their FY2025 earnings per share estimates for Doman Building Materials Group in a report issued on Tuesday, October 1st. Stifel Canada analyst I. Gillies now forecasts that the company will post earnings of $0.79 per share for the year, up from their previous estimate of $0.73. 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 released its quarterly earnings results on Friday, August 9th. The company reported C$0.20 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.22 by C($0.02). Doman Building Materials Group had a return on equity of 10.63% and a net margin of 2.56%. The company had revenue of C$689.83 million during the quarter, compared to analyst estimates of C$742.90 million.

DBM has been the subject of several other reports. Stifel Nicolaus upped their target price on Doman Building Materials Group from C$9.00 to C$9.25 and gave the company a “buy” rating in a research note on Wednesday. Canaccord Genuity Group upped their target price on Doman Building Materials Group from C$9.00 to C$11.00 and gave the company a “buy” rating in a research note on Wednesday. Raymond James upped their target price on Doman Building Materials Group from C$9.75 to C$11.50 and gave the company a “strong-buy” rating in a research note on Wednesday. CIBC upped their target price on Doman Building Materials Group from C$8.50 to C$9.00 and gave the company an “outperform” rating in a research note on Wednesday. Finally, Royal Bank of Canada lowered their price target on Doman Building Materials Group from C$10.00 to C$9.00 in a research 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 company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of C$9.71.

Doman Building Materials Group Stock Performance

TSE DBM opened at C$8.76 on Friday. The stock has a market cap of C$764.66 million, a price-to-earnings ratio of 12.17 and a beta of 1.53. The business has a fifty day moving average of C$7.24 and a 200-day moving average of C$7.39. Doman Building Materials Group has a fifty-two week low of C$6.32 and a fifty-two week high of C$8.88. 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 Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Friday, September 27th will be issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 6.39%. The ex-dividend date is Friday, September 27th. Doman Building Materials Group’s dividend payout ratio is presently 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.