Equities Analysts Set Expectations for TSE:DBM Q1 Earnings

Doman Building Materials Group Ltd. (TSE:DBM - Free Report) - Investment analysts at National Bank Financial dropped their Q1 2025 earnings estimates for Doman Building Materials Group in a report released on Thursday, April 24th. National Bank Financial analyst Z. Evershed now forecasts that the company will post earnings of $0.07 per share for the quarter, down from their prior forecast of $0.12. The consensus estimate for Doman Building Materials Group's current full-year earnings is $0.81 per share. National Bank Financial also issued estimates for Doman Building Materials Group's Q2 2025 earnings at $0.15 EPS.

DBM has been the subject of a number of other research reports. TD Securities set a C$9.50 price objective on Doman Building Materials Group and gave the company a "buy" rating in a research report on Tuesday, March 25th. Stifel Nicolaus dropped 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 note on Thursday, April 17th. Cibc World Mkts cut shares of Doman Building Materials Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 22nd. CIBC lowered shares of Doman Building Materials Group from an "outperform" rating to a "neutral" rating and set a C$7.50 price target for the company. in a research report on Tuesday, April 22nd. Finally, Raymond James cut their price target on shares of Doman Building Materials Group from C$12.00 to C$11.50 in a research note on Thursday, January 30th. Two investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of C$9.93.

Doman Building Materials Group Trading Up 1.0 %

DBM stock traded up C$0.07 during midday trading on Monday, hitting C$7.05. The stock had a trading volume of 21,361 shares, compared to its average volume of 226,168. The company's 50-day moving average price is C$6.88 and its 200 day moving average price is C$7.99. The company has a debt-to-equity ratio of 112.91, a current ratio of 2.94 and a quick ratio of 1.11. The firm has a market cap of C$616.17 million, a PE ratio of 10.90 and a beta of 1.53. Doman Building Materials Group has a 12-month low of C$6.30 and a 12-month high of C$9.96.

Insider Activity

In other news, Director Marc Seguin bought 10,000 shares of Doman Building Materials Group stock in a transaction dated Tuesday, March 4th. The shares were acquired at an average cost of C$6.93 per share, with a total value of C$69,300.00. Insiders own 20.04% of the company's stock.

Doman Building Materials Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 15th were paid a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 7.94%. The ex-dividend date was Monday, March 31st. Doman Building Materials Group's dividend payout ratio is presently 86.55%.

About Doman Building Materials Group

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.