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S&P 500   4,274.04
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Agilent Technologies Proves Its Worth VS Illumina 
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
Lowe’s Stands Out Amid Q2 Retail Reports 
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
Stocks slip on Wall Street, erasing weekly gains for S&P 500
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Agilent Technologies Proves Its Worth VS Illumina 
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
Lowe’s Stands Out Amid Q2 Retail Reports 
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
Stocks slip on Wall Street, erasing weekly gains for S&P 500
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Agilent Technologies Proves Its Worth VS Illumina 
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
Lowe’s Stands Out Amid Q2 Retail Reports 
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
Stocks slip on Wall Street, erasing weekly gains for S&P 500
The Financial Day of Reckoning Has Begun (Ad)
TSE:DBM

Doman Building Materials Group - DBM Stock Forecast, Price & News

C$6.23
-0.09 (-1.42%)
(As of 08/17/2022 12:00 AM ET)
Add
Compare
Today's Range
C$6.19
C$6.33
50-Day Range
C$5.95
C$6.73
52-Week Range
C$5.83
C$8.82
Volume
N/A
Average Volume
255,294 shs
Market Capitalization
C$541.92 million
P/E Ratio
6.92
Dividend Yield
8.86%
Price Target
C$8.56

Doman Building Materials Group MarketRank™ Forecast

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
17.7% Upside
C$7.33 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.04mentions of Doman Building Materials Group in the last 14 days
Based on 9 Articles This Week
Insider Trading
Acquiring Shares
C$149,760 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.

2.43 out of 5 stars

DBM stock logo

About Doman Building Materials Group (TSE:DBM) Stock

Doman Building Materials Group Ltd. distributes building materials and related products in Canada, the United States, and Hawai. It distributes a range of building materials, lumber, renovation, and electrical products. The company owns approximately 117,000 acres of private timberlands, and strategic licenses and tenures. It is also involved in log harvesting and trucking, and post and pole peeling activities; and provision of pressure-treating services for specialty wood production plants. 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.

Doman Building Materials Group Trading Down 0.2 %

Shares of Doman Building Materials Group stock traded down C$0.01 during trading hours on Wednesday, hitting C$6.32. The company's stock had a trading volume of 77,354 shares, compared to its average volume of 256,374. The company has a market capitalization of C$549.75 million and a PE ratio of 7.02. The company has a debt-to-equity ratio of 158.82, a current ratio of 3.23 and a quick ratio of 1.41. The stock has a 50 day moving average of C$6.36 and a 200 day moving average of C$7.22. Doman Building Materials Group has a 12 month low of C$5.83 and a 12 month high of C$8.82.

Doman Building Materials Group (TSE:DBM - Get Rating) last posted its earnings results on Thursday, August 4th. The company reported C$0.24 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C$0.40 by C($0.16). The company had revenue of C$870.72 million during the quarter, compared to analyst estimates of C$866.20 million. Analysts predict that Doman Building Materials Group will post 0.58 earnings per share for the current year.

Doman Building Materials Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 15th. Investors of record on Friday, July 15th were issued a dividend of $0.14 per share. The ex-dividend date of this dividend was Wednesday, June 29th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 8.86%. Doman Building Materials Group's payout ratio is 60.00%.

Analysts Set New Price Targets

DBM has been the subject of a number of recent research reports. National Bankshares dropped their price target on shares of Doman Building Materials Group from C$11.00 to C$7.00 and set an "outperform" rating for the company in a research note on Monday, August 8th. Raymond James downgraded Doman Building Materials Group from an "outperform" rating to a "market perform" rating and cut their price target for the company from C$9.50 to C$7.50 in a research note on Tuesday, August 2nd. Royal Bank of Canada cut Doman Building Materials Group from an "outperform" rating to a "hold" rating and decreased their price objective for the stock from C$10.00 to C$7.00 in a research note on Monday, July 18th. CIBC downgraded Doman Building Materials Group from an "outperform" rating to a "hold" rating and dropped their price objective for the company from C$9.00 to C$7.50 in a report on Friday, July 8th. Finally, Stifel Nicolaus cut Doman Building Materials Group from a "buy" rating to a "hold" rating and reduced their target price for the stock from C$9.00 to C$7.00 in a report on Monday, June 6th. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of C$8.39.

Insider Activity at Doman Building Materials Group

In other news, Director Marc Seguin purchased 15,000 shares of the company's stock in a transaction on Tuesday, May 24th. The shares were purchased at an average price of C$6.69 per share, with a total value of C$100,350.00. Following the purchase, the director now directly owns 223,200 shares of the company's stock, valued at approximately C$1,493,208.

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DBM Company Calendar

Ex-Dividend for 7/15 Dividend
6/29/2022
Dividend Payable
7/15/2022
Last Earnings
8/04/2022
Today
8/18/2022
Next Earnings (Estimated)
11/03/2022

Industry, Sector and Symbol

Industry
Building Materials
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
1,232
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$7.33
High Stock Price Forecast
C$8.00
Low Stock Price Forecast
C$7.00
Forecasted Upside/Downside
+37.4%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
5 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$2.99 billion
Cash Flow
C$0.03 per share
Book Value
C$6.30 per share

Miscellaneous

Free Float
N/A
Market Cap
C$541.92 million
Optionable
Not Optionable
Beta
N/A

Key Executives

  • Mr. Amardeip Singh Doman
    Chairman & CEO
  • Mr. Marc Seguin B.A.A
    Pres & Director
  • Mr. James S. Code CPA
    CA., B.B.A., Chief Financial Officer
  • Mr. Stephen W. Marshall B.A.
    BA, HBA, VP of Treated Wood - CanWel Treating Division & Director
  • Mr. John Russell
    Pres of CanWel US Division
  • Ali Mahdavi
    Head of Investor Relations
  • Mr. R. S. Doman L.L.B. (Age 52)
    B.Comm, M.B.A., LL.B., Gen. Counsel & Corp. Sec.
  • Mr. Michel Walsh
    Director of Products & Marketing
  • Julie Wong
    Director of HR













DBM Stock - Frequently Asked Questions

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

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Doman Building Materials Group in the last year. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" DBM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DBM, but not buy additional shares or sell existing shares.
View DBM analyst ratings
or view top-rated stocks.

What is Doman Building Materials Group's stock price forecast for 2022?

5 brokerages have issued 12-month price objectives for Doman Building Materials Group's stock. Their DBM share price forecasts range from C$7.00 to C$8.00. On average, they anticipate the company's stock price to reach C$7.33 in the next year. This suggests a possible upside of 17.7% 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 2022?

Doman Building Materials Group's stock was trading at C$7.77 at the beginning of the year. Since then, DBM shares have decreased by 19.8% and is now trading at C$6.23.
View the best growth stocks for 2022 here
.

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

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our DBM earnings forecast
.

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

Doman Building Materials Group Ltd. (TSE:DBM) issued its quarterly earnings data on Thursday, August, 4th. The company reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.40 by $0.16. The company earned $870.72 million during the quarter, compared to the consensus estimate of $866.20 million.

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 Wednesday, June 29th. Investors of record on Friday, July 15th will be given a dividend of 0.14 per share on Friday, July 15th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 8.99%. The ex-dividend date is Wednesday, June 29th.
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$0.54 per share and currently has a dividend yield of 8.86%. DBM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 60.00%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for DBM.

What is Doman Building Materials Group's stock symbol?

Doman Building Materials Group trades on the Toronto Stock Exchange (TSX) under the ticker symbol "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.

What is Doman Building Materials Group's stock price today?

One share of DBM stock can currently be purchased for approximately C$6.23.

How much money does Doman Building Materials Group make?

Doman Building Materials Group (TSE:DBM) has a market capitalization of C$541.92 million and generates C$2.99 billion in revenue each year.

How many employees does Doman Building Materials Group have?

The company employs 1,232 workers across the globe.

How can I contact Doman Building Materials Group?

Doman Building Materials Group's mailing address is Suite 1100 - 1055 West Georgia Street, VANCOUVER, BC V6E 3P3, Canada. The official website for the company is www.canwel.com. The company can be reached via phone at +1-604-4321400.

This page (TSE:DBM) was last updated on 8/18/2022 by MarketBeat.com Staff

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