National Bank Financial Forecasts TSE:DBM FY2026 Earnings

Key Points

• National Bank Financial has increased its FY2026 earnings per share (EPS) estimate for Doman Building Materials Group to $0.90, slightly up from $0.89, exceeding the consensus estimate of $0.81.
• Stock analysts have mixed opinions on Doman's rating; while Raymond James Financial and TD Securities upgraded their ratings to "strong-buy" and "buy" respectively, CIBC has downgraded it to "neutral" with a price target of C$7.50.
• Doman Building Materials Group's stock is currently priced at C$9.56 with a market capitalization of C$835.54 million, and a notable price-to-earnings ratio of 14.78.

Doman Building Materials Group Ltd. (TSE:DBM - Free Report) - National Bank Financial upped their FY2026 earnings estimates for Doman Building Materials Group in a report released on Sunday, August 10th. National Bank Financial analyst Z. Evershed now anticipates that the company will post earnings per share of $0.90 for the year, up from their prior estimate of $0.89. The consensus estimate for Doman Building Materials Group's current full-year earnings is $0.81 per share.

Several other research analysts have also recently issued reports on the stock. Raymond James Financial raised their target price on shares of Doman Building Materials Group from C$10.00 to C$11.00 and gave the stock a "strong-buy" rating in a report on Thursday, August 7th. 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. TD Securities raised their target price on shares of Doman Building Materials Group from C$10.00 to C$11.00 and gave the stock a "buy" rating in a report on Friday, August 8th. Cibc World Mkts cut shares of Doman Building Materials Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 22nd. Finally, CIBC cut shares of Doman Building Materials Group from an "outperform" rating to a "neutral" rating and set a C$7.50 target price for the company. in a report on Tuesday, April 22nd. Two equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of C$10.19.

Doman Building Materials Group Stock Performance

Shares of Doman Building Materials Group stock traded down C$0.10 during trading on Wednesday, hitting C$9.68. 105,971 shares of the company's stock were exchanged, compared to its average volume of 188,344. 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 business has a 50-day simple moving average of C$8.79 and a 200-day simple moving average of C$7.88. Doman Building Materials Group has a 52-week low of C$6.30 and a 52-week high of C$9.96. The stock has a market capitalization of C$846.03 million, a price-to-earnings ratio of 14.96 and a beta of 1.53.

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.