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

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

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

2 brokers have issued 12 month price targets for Doman Building Materials Group's shares. Their CWXZF share price targets range from $9.00 to $10.50. On average, they anticipate the company's share price to reach $9.67 in the next twelve months. This suggests a possible upside of 68.6% from the stock's current price. View analysts price targets for CWXZF or view top-rated stocks among Wall Street analysts .

How have CWXZF shares performed in 2024?

Doman Building Materials Group's stock was trading at $6.27 at the beginning of the year. Since then, CWXZF shares have decreased by 8.5% and is now trading at $5.7350. View the best growth stocks for 2024 here .

Are investors shorting Doman Building Materials Group?

Doman Building Materials Group saw a decrease in short interest in March. As of March 15th, there was short interest totaling 7,800 shares, a decrease of 15.2% from the February 29th total of 9,200 shares. Based on an average daily trading volume, of 8,500 shares, the days-to-cover ratio is presently 0.9 days. View Doman Building Materials Group's Short Interest .

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

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our CWXZF earnings forecast .

Is Doman Building Materials Group a good dividend stock?

Doman Building Materials Group (OTCMKTS:CWXZF) pays an annual dividend of $0.42 per share and currently has a dividend yield of 10.46%. CWXZF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 98.66%. Payout ratios above 75% are not desirable because they may not be sustainable.

How do I buy shares of Doman Building Materials Group?

Shares of CWXZF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

OTCMKTS:CWXZF

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

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$5.74

-0.17 (-2.88%)

(As of 04/15/2024 ET)

Compare

Today's Range: $5.69
▼
$5.74
50-Day Range: $5.66
▼
$6.31
52-Week Range: $4.49
▼
$6.44

Volume: 1,966 shs
Average Volume: 1,985 shs
Market Capitalization: N/A

P/E Ratio: 13.47
Dividend Yield: 7.32%
Price Target: $9.67

Stock Analysis Analyst Forecasts Chart Headlines Short Interest

Get Doman Building Materials Group alerts:

Doman Building Materials Group MarketRank™ Stock Analysis

Analyst Rating: Strong Buy
3.50 Rating Score
Upside/Downside: 68.6% Upside
$9.67 Price Target
Short Interest: Bearish
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
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.

2.04 out of 5 stars

3.8

Analyst's Opinion

Consensus Rating
Doman Building Materials Group has received a consensus rating of Strong Buy. The company's average rating score is 3.50, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Doman Building Materials Group has received no research coverage in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
Short Interest Ratio / Days to Cover
Doman Building Materials Group has a short interest ratio ("days to cover") of 10.9, which indicates bearish sentiment.
Change versus previous month
Short interest in Doman Building Materials Group has recently decreased by 2.56%, indicating that investor sentiment is improving.

1.7

Dividend Strength

Dividend Leadership
Doman Building Materials Group is a leading dividend payer. It pays a dividend yield of 10.46%, 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 98.66%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

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

N/A

News and Social Media Coverage

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Doman Building Materials Group insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 21.81% 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 13.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.71.
Price to Earnings Ratio vs. Sector
The P/E ratio of Doman Building Materials Group is 13.47, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 398.92.

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About Doman Building Materials Group Stock (OTCMKTS:CWXZF)

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.

CWXZF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CWXZF Stock News Headlines

April 8, 2024 | finance.yahoo.com

Doman Building Materials Group (TSE:DBM) Is Doing The Right Things To Multiply Its Share Price

March 18, 2024 | msn.com

Building materials firm Marshall warns over ‘slower’ recovery

April 16, 2024 | Manward Press (Ad)

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March 15, 2024 | globenewswire.com

Doman Building Materials Group Ltd. Announces Quarterly Dividend

March 13, 2024 | bizjournals.com

Downtown Sacramento office building, nearly fully leased, sold for first time

March 10, 2024 | seekingalpha.com

Doman Building Materials Group Ltd. (CWXZF) Q4 2023 Earnings Call Transcript

March 8, 2024 | investorplace.com

The Top 7 Under-$10 Stocks to Buy in March 2024

March 7, 2024 | globenewswire.com

Doman Building Materials Reports 2023 Financial Results

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

March 1, 2024 | globenewswire.com

Doman Building Materials Group Ltd. Completes Acquisition of Southeast Forest Products Treated Assets

February 19, 2024 | investing.com

Ningxia Building Materials Group Co Ltd (600449)

February 12, 2024 | msn.com

Construction group builds fire-resistant homes using ‘revolutionary’ material: ‘I really do believe it’s a game-changer’

February 3, 2024 | seekingalpha.com

DBM:CA Doman Building Materials Group Ltd.

January 30, 2024 | yahoo.com

'We're to the fun part': Docking building demolition is over and new construction begins

January 30, 2024 | news.yahoo.com

Milwaukee still looking for developers for historic Bronzeville building

December 19, 2023 | realmoney.thestreet.com

Doman Building Materials price target raised by C$1 at RBC Capital

November 2, 2023 | msn.com

Doman Building Materials Group reports Q3 results

October 26, 2023 | bizjournals.com

Developer puts downtown office building on the market for $5.35M

October 12, 2023 | finance.yahoo.com

Doman Building Materials Group Ltd. to Issue Third Quarter 2023 Financial Results November 2, 2023

September 1, 2023 | msn.com

Doman Building Materials Group (CWXZF) Price Target Increased by 14.41% to 6.71

August 3, 2023 | finance.yahoo.com

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

June 29, 2023 | finance.yahoo.com

CWXZF - Doman Building Materials Group Ltd.

May 11, 2023 | markets.businessinsider.com

Here's what to expect from Doman Building Materials Group's earnings

May 9, 2023 | forbes.com

Kangde Xin Composite Material Group

May 9, 2023 | marketwatch.com

Clay Building Materials Market Research | 2023-2030

May 4, 2023 | bizjournals.com

Building-technology company Vantem acquires Georgia construction company

April 20, 2023 | finance.yahoo.com

Doman Building Materials Group Ltd. To Issue First Quarter 2023 Financial Results May 11, 2023

See More Headlines

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Company Calendar

Today: 4/16/2024
Next Earnings (Estimated): 5/09/2024

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Industrials
Industry: Industrial Distribution
Sub-Industry: N/A
Current Symbol: OTCMKTS:CWXZF
CUSIP: N/A
CIK: N/A
Web: www.canwel.com
Phone: (604) 432-1400
Fax: N/A
Employees: 1,232
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $9.67
High Stock Price Target: $10.50
Low Stock Price Target: $9.00
Potential Upside/Downside: +68.6%
Consensus Rating: Strong Buy
Rating Score (0-4): 3.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 13.47
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

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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 CanWel Building Materials Division
Mr. John Russell
President of CanWel US Division
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

Key Competitors

View All Competitors

CWXZF Stock Analysis - Frequently Asked Questions

Should I buy or sell Doman Building Materials Group stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Doman Building Materials Group in the last year. There are currently 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "strong buy" CWXZF shares.
View CWXZF analyst ratings or view top-rated stocks.
What is Doman Building Materials Group's stock price target for 2024?: 2 brokers have issued 12 month price targets for Doman Building Materials Group's shares. Their CWXZF share price targets range from $9.00 to $10.50. On average, they anticipate the company's share price to reach $9.67 in the next twelve months. This suggests a possible upside of 68.6% from the stock's current price.
View analysts price targets for CWXZF or view top-rated stocks among Wall Street analysts.
How have CWXZF shares performed in 2024?: Doman Building Materials Group's stock was trading at $6.27 at the beginning of the year. Since then, CWXZF shares have decreased by 8.5% and is now trading at $5.7350.
View the best growth stocks for 2024 here.
Are investors shorting Doman Building Materials Group?: Doman Building Materials Group saw a decrease in short interest in March. As of March 15th, there was short interest totaling 7,800 shares, a decrease of 15.2% from the February 29th total of 9,200 shares. Based on an average daily trading volume, of 8,500 shares, the days-to-cover ratio is presently 0.9 days.
View Doman Building Materials Group's Short Interest.

When is Doman Building Materials Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our CWXZF earnings forecast.
Is Doman Building Materials Group a good dividend stock?: Doman Building Materials Group (OTCMKTS:CWXZF) pays an annual dividend of $0.42 per share and currently has a dividend yield of 10.46%. CWXZF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 98.66%. Payout ratios above 75% are not desirable because they may not be sustainable.
How do I buy shares of Doman Building Materials Group?: Shares of CWXZF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:CWXZF) was last updated on 4/16/2024 by MarketBeat.com Staff

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