TSE:DBM

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

C$7.51
-0.50 (-6.24%)
(As of 05/10/2024 ET)
Today's Range
C$7.36
C$8.12
50-Day Range
C$7.51
C$8.56
52-Week Range
C$6.08
C$8.64
Volume
1.13 million shs
Average Volume
157,864 shs
Market Capitalization
C$654.42 million
P/E Ratio
8.63
Dividend Yield
7.46%
Price Target
C$10.29

Doman Building Materials Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.20 Rating Score
Upside/​Downside
37.0% Upside
C$10.29 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.40mentions of Doman Building Materials Group in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.00 out of 5 stars

DBM stock logo

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 in the United States and Canada. The company offers treated wood; siding and trim; decking and aluminum railing; engineered wood products; roofing products; insulation and wrap products; and lumber and plywood products. It is also involved in agricultural post-peeling and pressure treating activities, as well as timber ownership and management of private timberlands and forest licenses; and provides other value-add services. In addition, the company distributes lumber products. It sells its products to small independent lumber yards, regional building material dealers, home improvement chains, and retailers. The company serves its products to new home construction, home renovation, and industrial markets. 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

DBM Stock News Headlines

CEO of Biggest AI Chipmaker Just Dropped a Bombshell…
Nvidia’s CEO calls it the “next amazing revolution” … and even declared it “is going to be flat out of the biggest [revolution] ever.” Jeff Bezos, Bill Gates, and Mark Zuckerberg have invested billions in it.
Doman Building Materials Group earnings preview: what to expect
CEO of Biggest AI Chipmaker Just Dropped a Bombshell…
Nvidia’s CEO calls it the “next amazing revolution” … and even declared it “is going to be flat out of the biggest [revolution] ever.” Jeff Bezos, Bill Gates, and Mark Zuckerberg have invested billions in it.
Building the future
Doman Building Materials Group Ltd DBM
CIBC Reaffirms Their Buy Rating on Doman Building Materials Group (DBM)
Doman Building Materials Group (DBM) Got Some Good News
See More Headlines
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Company Calendar

Ex-Dividend for 4/12 Dividend
3/27/2024
Dividend Payable
4/12/2024
Last Earnings
5/09/2024
Today
5/10/2024
Next Earnings (Estimated)
8/01/2024

Industry, Sector and Symbol

Industry
Industrial Distribution
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
1,232
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$10.29
High Stock Price Target
C$11.00
Low Stock Price Target
C$10.00
Potential Upside/Downside
+37.0%
Consensus Rating
Buy
Rating Score (0-4)
3.20
Research Coverage
5 Analysts

Profitability

Net Income
C$75.79 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$2.49 billion
Cash Flow
C$0.05 per share
Book Value
C$6.68 per share

Miscellaneous

Free Float
N/A
Market Cap
C$654.42 million
Optionable
Not Optionable
Beta
1.57
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Key Executives

  • Mr. Amardeip Singh Doman
    Chairman & CEO
  • Mr. James S. Code B.B.A.
    CPA, CA., Chief Financial Officer
  • Mr. Marc Seguin B.A.A
    President of Doman Building Materials Division Canada
  • Mr. Mark Chatfield
    President of DOMAN Lumber
  • Ali Mahdavi
    Head of Investor Relations
  • Mr. R. S. Doman L.L.B. (Age 54)
    M.B.A., General Counsel & Corporate Secretary
  • Mr. Michel Walsh
    Director of Products & Marketing
  • Julie Wong
    Director of Human Resources
  • Mr. John Russell
    President of Doman Building Materials, USA

DBM Stock Analysis - 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 twelve months. There are currently 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities 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 analysts have issued 1-year target prices for Doman Building Materials Group's stock. Their DBM share price targets range from C$10.00 to C$11.00. On average, they expect the company's share price to reach C$10.29 in the next twelve months. This suggests a possible upside of 37.0% 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 2024?

Doman Building Materials Group's stock was trading at C$8.29 at the beginning of 2024. Since then, DBM shares have decreased by 9.4% and is now trading at C$7.51.
View the best growth stocks for 2024 here
.

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

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our DBM earnings forecast
.

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

Doman Building Materials Group Ltd. (TSE:DBM) released its quarterly earnings results on Thursday, May, 9th. The company reported $0.16 earnings per share for the quarter, meeting analysts' consensus estimates of $0.16. The business earned $602.48 million during the quarter, compared to the consensus estimate of $665.05 million. Doman Building Materials Group had a net margin of 3.04% and a trailing twelve-month return on equity of 13.18%.

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, March 15th. Shareholders of record on Thursday, March 28th will be paid a dividend of 0.14 per share on Friday, April 12th. This represents a $0.56 annualized dividend and a dividend yield of 7.46%. The ex-dividend date of this dividend is Wednesday, March 27th.
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 6.94%. DBM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 64.37%. 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 5/11/2024 by MarketBeat.com Staff

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