Should I buy or sell Doman Building Materials Group stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Doman Building Materials Group in the last twelve months. There are currently 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" DBM shares. View DBM analyst ratings or view top-rated stocks .

What is Doman Building Materials Group's stock price target for 2024?

5 equities research analysts have issued 12-month target prices for Doman Building Materials Group's shares. Their DBM share price targets range from C$6.00 to C$9.25. On average, they expect the company's share price to reach C$8.50 in the next twelve months. This suggests a possible upside of 21.3% from the stock's current price. View analysts price targets for DBM or view top-rated stocks among Wall Street analysts .

How have DBM shares performed in 2023?

Doman Building Materials Group's stock was trading at C$5.75 at the beginning of 2023. Since then, DBM stock has increased by 21.9% and is now trading at C$7.01. View the best growth stocks for 2023 here .

When is Doman Building Materials Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 14th 2024. View our DBM earnings forecast .

How were Doman Building Materials Group's earnings last quarter?

Doman Building Materials Group Ltd. (TSE:DBM) announced its quarterly earnings results on Thursday, November, 2nd. The company reported $0.24 earnings per share for the quarter, hitting the consensus estimate of $0.24. The firm earned $643.91 million during the quarter, compared to the consensus estimate of $711.20 million. Doman Building Materials Group had a net margin of 2.74% and a trailing twelve-month return on equity of 11.79%.

How often does Doman Building Materials Group pay dividends? What is the dividend yield for Doman Building Materials Group?

Doman Building Materials Group announced a quarterly dividend on Friday, September 15th. Stockholders of record on Friday, September 29th will be paid a dividend of 0.14 per share on Friday, October 13th. This represents a $0.56 annualized dividend and a yield of 7.99%. The ex-dividend date of this dividend is Thursday, September 28th. Read our dividend analysis for DBM .

Is Doman Building Materials Group a good dividend stock?

Doman Building Materials Group (TSE:DBM) pays an annual dividend of C$0.56 per share and currently has a dividend yield of 8.08%. DBM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 70.00%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for DBM .

How do I buy shares of Doman Building Materials Group?

Shares of DBM stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

Doman Building Materials Group Stock Price, News & Analysis (TSE:DBM)

C$7.05

+0.04 (+0.57%)

(As of 09:39 AM ET)

Compare

Today's Range: C$7.00
▼
C$7.06
50-Day Range: C$6.46
▼
C$7.58
52-Week Range: C$5.48
▼
C$8.18

Volume: 4,942 shs
Average Volume: 195,640 shs
Market Capitalization: C$613.56 million

P/E Ratio: 8.81
Dividend Yield: 7.94%
Price Target: C$8.50

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Doman Building Materials Group MarketRank™ Stock Analysis

Analyst Rating: Buy
3.20 Rating Score
Upside/Downside: 21.3% Upside
C$8.50 Price Target
Short Interest: N/A
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.19
Based on 4 Articles This Week
Insider Trading: Acquiring Shares
C$134,018 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.24 out of 5 stars

2.6

Analyst's Opinion

Consensus Rating
Doman Building Materials Group has received a consensus rating of Buy. The company's average rating score is 3.20, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$8.50, Doman Building Materials Group has a forecasted upside of 21.3% from its current price of C$7.01.
Amount of Analyst Coverage
Doman Building Materials Group has only been the subject of 3 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for DBM.

2.5

Dividend Strength

Dividend Leadership
Doman Building Materials Group is a leading dividend payer. It pays a dividend yield of 8.08%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Doman Building Materials Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Doman Building Materials Group is 70.00%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for DBM.

1.8

News and Social Media Coverage

News Sentiment
Doman Building Materials Group has a news sentiment score of 0.19. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.34 average news sentiment score of Industrials companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Doman Building Materials Group this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for DBM on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Doman Building Materials Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$134,018.00 in company stock and sold C$0.00 in company stock.
Percentage Held by Insiders
20.12% of the stock of Doman Building Materials Group is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 3.33% of the stock of Doman Building Materials Group is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Doman Building Materials Group is 8.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.15.
Price to Earnings Ratio vs. Sector
The P/E ratio of Doman Building Materials Group is 8.76, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 371.14.
Price to Book Value per Share Ratio
Doman Building Materials Group has a P/B Ratio of 1.02. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Doman Building Materials Group Stock (TSE:DBM)

Doman Building Materials Group Ltd., through its subsidiaries, engages in the wholesale distribution of building materials and home renovation products for new home construction, home renovation, and industrial markets primarily in the United States and Canada. It distributes a range of building materials, lumber, and renovation products. The company also produces and treats lumber; and provides other value-add services. In addition, it is involved in agricultural post-peeling and pressure treating activities. The company was formerly known as CanWel Building Materials Group Ltd. and changed its name to Doman Building Materials Group Ltd. in May 2021. Doman Building Materials Group Ltd. was founded in 1989 and is headquartered in Vancouver, Canada.

DBM Stock Price History

30 days | 90 days | 365 days | Advanced Chart

DBM Stock News Headlines

December 1, 2023 | americanbankingnews.com

Raymond James Weighs in on Doman Building Materials Group Ltd.'s FY2024 Earnings (TSE:DBM)

November 28, 2023 | americanbankingnews.com

Doman Building Materials Group Ltd. (TSE:DBM) to Post FY2023 Earnings of $0.90 Per Share, Raymond James Forecasts

December 6, 2023 | DTI Trader (Ad)

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November 23, 2023 | finance.yahoo.com

Is There An Opportunity With Doman Building Materials Group Ltd.'s (TSE:DBM) 21% Undervaluation?

November 17, 2023 | theglobeandmail.com

Doman Building Materials: Top 10 Undervalued Industrial Distribution Industry Stocks (DBM)

November 15, 2023 | theglobeandmail.com

Closing Bell: Doman Building Materials Group Ltd. flat on Wednesday (DBM)

November 2, 2023 | finance.yahoo.com

Doman Building Materials Group Ltd. Announces Third Quarter 2023 Financial Results

October 21, 2023 | finance.yahoo.com

Doman Building Materials Group (TSE:DBM) Might Have The Makings Of A Multi-Bagger

December 6, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

October 13, 2023 | markets.businessinsider.com

CIBC Reaffirms Their Buy Rating on Doman Building Materials Group (DBM)

October 7, 2023 | finance.yahoo.com

Those who invested in Doman Building Materials Group (TSE:DBM) five years ago are up 128%

August 28, 2023 | theglobeandmail.com

Closing Bell: Doman Building Materials Group Ltd. flat on Monday (DBM)

August 21, 2023 | finance.yahoo.com

At CA$7.70, Is It Time To Put Doman Building Materials Group Ltd. (TSE:DBM) On Your Watch List?

August 5, 2023 | markets.businessinsider.com

RBC Capital Believes Doman Building Materials Group (DBM) Won’t Stop Here

July 20, 2023 | markets.businessinsider.com

Doman Building Materials Group (DBM) Got Some Good News

July 19, 2023 | theglobeandmail.com

Closing Bell: Doman Building Materials Group Ltd. up on Wednesday (DBM)

July 13, 2023 | finance.yahoo.com

Doman Building Materials Group Ltd. To Issue Second Quarter 2023 Financial Results August 3, 2023

July 2, 2023 | finance.yahoo.com

Doman Building Materials Group Ltd. (TSE:DBM) Delivered A Weaker ROE Than Its Industry

June 30, 2023 | finance.yahoo.com

Doman Announces Completion of Early Redemption of 6.375% Senior Unsecured Notes

June 30, 2023 | finance.yahoo.com

Doman Announces Completion of Early Redemption of 6.375% Senior Unsecured Notes

June 28, 2023 | theglobeandmail.com

Doman Building Materials: Top 10 Undervalued Industrials Sector Stocks on TSX (DBM)

May 29, 2023 | finance.yahoo.com

Doman Building Materials Announces Early Redemption of 6.375% Senior Unsecured Notes

May 13, 2023 | theglobeandmail.com

Closing Bell: Doman Building Materials Group Ltd. down on Friday (DBM)

May 11, 2023 | finance.yahoo.com

Doman Building Materials Reports First Quarter 2023 Financial Results

May 6, 2023 | theglobeandmail.com

Closing Bell: Doman Building Materials Group Ltd. flat on Friday (DBM)

April 26, 2023 | theglobeandmail.com

Closing Bell: Doman Building Materials Group Ltd. down on Tuesday (DBM)

April 24, 2023 | theglobeandmail.com

Closing Bell: Doman Building Materials Group Ltd. down on Monday (DBM)

See More Headlines

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Company Calendar

Ex-Dividend for 10/13 Dividend: 9/28/2023
Dividend Payable: 10/13/2023
Last Earnings: 11/02/2023
Today: 12/06/2023
Next Earnings (Estimated): 3/14/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Industrial Distribution
Sub-Industry: N/A
Sector: Industrials
Current Symbol: TSE:DBM
CUSIP: N/A
CIK: N/A
Web: www.canwel.com
Phone: +1-604-4321400
Fax: N/A
Employees: 1,232
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$8.50
High Stock Price Target: C$9.25
Low Stock Price Target: C$6.00
Potential Upside/Downside: +21.3%
Consensus Rating: Buy
Rating Score (0-4): 3.20
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.80
Trailing P/E Ratio: 8.76
Forward P/E Ratio: 8.83
P/E Growth: N/A
Net Income: C$69.59 million
Net Margins: 2.74%
Pretax Margin: N/A
Return on Equity: 11.79%
Return on Assets: 5.26%

Debt

Debt-to-Equity Ratio: 104.36
Current Ratio: 2.76
Quick Ratio: 1.11

Sales & Book Value

Annual Sales: C$2.54 billion
Price / Sales: 0.24
Cash Flow: C$0.04 per share
Price / Cash Flow: 166.76
Book Value: C$6.86 per share
Price / Book: 1.02

Miscellaneous

Outstanding Shares: 87,030,000
Free Float: N/A
Market Cap: C$610.08 million
Optionable: Not Optionable
Beta: 1.47

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Key Executives

Mr. Amardeip Singh Doman
Chairman & CEO
Mr. James S. Code CPA
CA., B.B.A., Chief Financial Officer
Mr. Marc Seguin B.A.A
President of CanWel Building Materials Division
Mr. John Russell
President of CanWel US Division
Ali Mahdavi
Head of Investor Relations
Mr. R. S. Doman B.Comm (Age 53)
L.L.B., M.B.A., General Counsel & Corporate Secretary
Mr. Michel Walsh
Director of Products & Marketing
Julie Wong
Director of Human Resources

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

DBM Stock Analysis - Frequently Asked Questions

Should I buy or sell Doman Building Materials Group stock right now?: 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Doman Building Materials Group in the last twelve months. There are currently 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" DBM shares.
View DBM analyst ratings or view top-rated stocks.
What is Doman Building Materials Group's stock price target for 2024?: 5 equities research analysts have issued 12-month target prices for Doman Building Materials Group's shares. Their DBM share price targets range from C$6.00 to C$9.25. On average, they expect the company's share price to reach C$8.50 in the next twelve months. This suggests a possible upside of 21.3% from the stock's current price.
View analysts price targets for DBM or view top-rated stocks among Wall Street analysts.
How have DBM shares performed in 2023?: Doman Building Materials Group's stock was trading at C$5.75 at the beginning of 2023. Since then, DBM stock has increased by 21.9% and is now trading at C$7.01.
View the best growth stocks for 2023 here.
When is Doman Building Materials Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, March 14th 2024.
View our DBM earnings forecast.

How were Doman Building Materials Group's earnings last quarter?: Doman Building Materials Group Ltd. (TSE:DBM) announced its quarterly earnings results on Thursday, November, 2nd. The company reported $0.24 earnings per share for the quarter, hitting the consensus estimate of $0.24. The firm earned $643.91 million during the quarter, compared to the consensus estimate of $711.20 million. Doman Building Materials Group had a net margin of 2.74% and a trailing twelve-month return on equity of 11.79%.
How often does Doman Building Materials Group pay dividends? What is the dividend yield for Doman Building Materials Group?: Doman Building Materials Group announced a quarterly dividend on Friday, September 15th. Stockholders of record on Friday, September 29th will be paid a dividend of 0.14 per share on Friday, October 13th. This represents a $0.56 annualized dividend and a yield of 7.99%. The ex-dividend date of this dividend is Thursday, September 28th.
Read our dividend analysis for DBM.
Is Doman Building Materials Group a good dividend stock?: Doman Building Materials Group (TSE:DBM) pays an annual dividend of C$0.56 per share and currently has a dividend yield of 8.08%. DBM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 70.00%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for DBM.
How do I buy shares of Doman Building Materials Group?: Shares of DBM stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:DBM) was last updated on 12/6/2023 by MarketBeat.com Staff

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Doman Building Materials Group Stock Price, News & Analysis (TSE:DBM)

Doman Building Materials Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Doman Building Materials Group Stock (TSE:DBM)

DBM Stock Price History

DBM Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

DBM Stock Analysis - Frequently Asked Questions

Overall MarketRank^™