Raymond James Has Optimistic View of TSE:DBM FY2026 Earnings

Doman Building Materials Group Ltd. (TSE:DBM) – Analysts at Raymond James raised their FY2026 earnings estimates for Doman Building Materials Group in a research note issued to investors on Thursday, November 7th. Raymond James analyst D. Swetlishoff now expects that the company will earn $1.20 per share for the year, up from their prior estimate of $1.18. Raymond James currently has a “Strong-Buy” rating and a $11.50 target price on the stock. 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 announced its quarterly earnings data on Friday, August 9th. The company reported C$0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.22 by C($0.02). The firm had revenue of C$689.83 million during the quarter, compared to analyst estimates of C$742.90 million. Doman Building Materials Group had a net margin of 2.56% and a return on equity of 10.63%.

DBM has been the subject of several other reports. TD Securities raised their price target on Doman Building Materials Group from C$11.50 to C$12.00 in a report on Tuesday, October 22nd. CIBC upped their price target on shares of Doman Building Materials Group from C$8.50 to C$9.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 2nd. 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 stock a “buy” rating in a report on Wednesday, October 2nd. National Bankshares increased their target price 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. Finally, Stifel Nicolaus boosted their price target on Doman Building Materials Group from C$9.25 to C$10.00 and gave the stock a “buy” rating in a research note on Thursday, October 17th. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Doman Building Materials Group currently has an average rating of “Buy” and a consensus target price of C$10.64.

Doman Building Materials Group Trading Up 4.2 %

Shares of Doman Building Materials Group stock opened at C$9.08 on Monday. 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 market cap of C$792.59 million, a price-to-earnings ratio of 12.60 and a beta of 1.53. Doman Building Materials Group has a 52-week low of C$6.32 and a 52-week high of C$9.17. The company’s 50-day simple moving average is C$8.10 and its 200-day simple moving average is C$7.47.

Doman Building Materials Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Friday, September 27th were given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 6.17%. The ex-dividend date was Friday, September 27th. Doman Building Materials Group’s dividend payout ratio (DPR) is 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.