Raymond James Issues Negative Estimate for TSE:DBM Earnings

Doman Building Materials Group Ltd. (TSE:DBM) – Equities research analysts at Raymond James decreased their FY2025 earnings per share (EPS) estimates for Doman Building Materials Group in a research report issued to clients and investors on Monday, March 31st. Raymond James analyst D. Swetlishoff now forecasts that the company will post earnings per share of $0.77 for the year, down from their previous forecast 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.

Other equities analysts also recently issued reports about the company. 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. CIBC decreased 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 research report on Tuesday, March 4th. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of C$10.64.

Doman Building Materials Group Price Performance

Shares of DBM stock opened at C$6.92 on Thursday. The firm has a market cap of C$604.80 million, a P/E ratio of 10.70 and a beta of 1.53. The firm has a fifty day moving average of C$7.35 and a two-hundred day moving average of C$8.22. The company has a debt-to-equity ratio of 112.91, a current ratio of 2.94 and a quick ratio of 1.11. Doman Building Materials Group has a 1-year low of C$6.32 and a 1-year high of C$9.96.

Insider Activity

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

Doman Building Materials Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th will be paid a $0.14 dividend. 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 payout ratio is currently 86.55%.

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.