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 year. 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 brokerages have issued 1-year target prices for Doman Building Materials Group's shares. Their DBM share price targets range from C$10.00 to C$11.00. On average, they predict the company's share price to reach C$10.29 in the next year. This suggests a possible upside of 30.6% 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 start of the year. Since then, DBM shares have decreased by 4.9% and is now trading at C$7.88. 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, May 9th 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 data on Thursday, March, 7th. The company reported $0.12 earnings per share for the quarter, beating analysts' consensus estimates of $0.10 by $0.02. The company had revenue of $527.39 million for the quarter, compared to the consensus estimate of $548.80 million. Doman Building Materials Group had a trailing twelve-month return on equity of 13.18% and a net margin of 3.04%.

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

Doman Building Materials Group declared a quarterly dividend on Friday, March 15th. Stockholders of record on Thursday, March 28th will be given a dividend of 0.14 per share on Friday, April 12th. This represents a $0.56 dividend on an annualized basis and a yield of 7.11%. 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 6.60%. 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 .

TSE:DBM

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

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Free DBM Stock Alerts

C$7.92

+0.04 (+0.51%)

(As of 10:41 AM ET)

Compare

Today's Range: C$7.87
▼
C$7.95
50-Day Range: C$7.60
▼
C$8.56
52-Week Range: C$6.08
▼
C$8.64

Volume: 11,787 shs
Average Volume: 145,113 shs
Market Capitalization: C$690.15 million

P/E Ratio: 9.10
Dividend Yield: 7.07%
Price Target: C$10.29

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Get Doman Building Materials Group alerts:

Doman Building Materials Group MarketRank™ Stock Analysis

Analyst Rating: Buy
3.20 Rating Score
Upside/Downside: 30.6% Upside
C$10.29 Price Target
Short Interest: N/A
Dividend Strength: Moderate
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.

3.48 out of 5 stars

3.6

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.
Amount of Analyst Coverage
Doman Building Materials Group has only been the subject of 2 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 6.60%, 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 64.37%. 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.

3.4

News and Social Media Coverage

News Sentiment
Doman Building Materials Group has a news sentiment score of 1.05. 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 higher news sentiment than the 0.41 average news sentiment score of Industrials companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Doman Building Materials Group this week, compared to 0 articles on an average week.
Search Interest
5 people have searched for DBM on MarketBeat in the last 30 days.
MarketBeat Follows
Only 2 people have added Doman Building Materials Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% compared to the previous 30 days.

1.7

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 Insiders
20.13% 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 4.60% 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 9.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.07.
Price to Earnings Ratio vs. Sector
The P/E ratio of Doman Building Materials Group is 9.06, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 403.92.
Price to Book Value per Share Ratio
Doman Building Materials Group has a P/B Ratio of 1.18. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

DBM Stock News Headlines

April 16, 2024 | americanbankingnews.com

Doman Building Materials Group (TSE:DBM) Shares Pass Above 200 Day Moving Average of $7.67

March 23, 2024 | finance.yahoo.com

Doman Building Materials Group Ltd. (TSE:DBM) Looks Interesting, And It's About To Pay A Dividend

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March 8, 2024 | msn.com

Doman Building Materials Group Non-GAAP EPS of C$0.87, revenue of C$2.49B

February 24, 2024 | news.yahoo.com

Building the future

February 8, 2024 | finance.yahoo.com

Doman Building Materials Group Ltd. to Issue Fourth Quarter and Full Year 2023 Financial Results March 7, 2024

January 29, 2024 | finance.yahoo.com

Should You Think About Buying Doman Building Materials Group Ltd. (TSE:DBM) Now?

December 18, 2023 | finance.yahoo.com

Doman Building Materials Group (TSE:DBM) Is Paying Out A Dividend Of CA$0.14

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December 17, 2023 | morningstar.com

Doman Building Materials Group Ltd DBM

December 10, 2023 | finance.yahoo.com

Has Doman Building Materials Group Ltd.'s (TSE:DBM) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

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

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

See More Headlines

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Company Calendar

Last Earnings: 3/07/2024
Ex-Dividend for 4/12 Dividend: 3/27/2024
Dividend Payable: 4/12/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/09/2024

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Industrials
Industry: Industrial Distribution
Sub-Industry: N/A
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$10.29
High Stock Price Target: C$11.00
Low Stock Price Target: C$10.00
Potential Upside/Downside: +30.6%
Consensus Rating: Buy
Rating Score (0-4): 3.20
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.87
Trailing P/E Ratio: 9.06
Forward P/E Ratio: 9.73
P/E Growth: N/A
Net Income: C$75.79 million
Net Margins: 3.04%
Pretax Margin: N/A
Return on Equity: 13.18%
Return on Assets: 5.58%

Debt

Debt-to-Equity Ratio: 116.54
Current Ratio: 1.56
Quick Ratio: 1.11

Sales & Book Value

Annual Sales: C$2.49 billion
Price / Sales: 0.28
Cash Flow: C$0.05 per share
Price / Cash Flow: 166.76
Book Value: C$6.68 per share
Price / Book: 1.18

Miscellaneous

Outstanding Shares: 87,140,000
Free Float: N/A
Market Cap: C$686.66 million
Optionable: Not Optionable
Beta: 1.56

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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

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 year. 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 brokerages have issued 1-year target prices for Doman Building Materials Group's shares. Their DBM share price targets range from C$10.00 to C$11.00. On average, they predict the company's share price to reach C$10.29 in the next year. This suggests a possible upside of 30.6% 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 start of the year. Since then, DBM shares have decreased by 4.9% and is now trading at C$7.88.
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, May 9th 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 data on Thursday, March, 7th. The company reported $0.12 earnings per share for the quarter, beating analysts' consensus estimates of $0.10 by $0.02. The company had revenue of $527.39 million for the quarter, compared to the consensus estimate of $548.80 million. Doman Building Materials Group had a trailing twelve-month return on equity of 13.18% and a net margin of 3.04%.
How often does Doman Building Materials Group pay dividends? What is the dividend yield for Doman Building Materials Group?: Doman Building Materials Group declared a quarterly dividend on Friday, March 15th. Stockholders of record on Thursday, March 28th will be given a dividend of 0.14 per share on Friday, April 12th. This represents a $0.56 dividend on an annualized basis and a yield of 7.11%. 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 6.60%. 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 4/19/2024 by MarketBeat.com Staff

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

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

MarketBeat Follows

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^™