Key Points
- Insider buying: Doman Building Materials Group insider Darren John Alexander Gwozd bought 5,200 shares at C$10.35 each, a transaction worth C$53,820. The purchase increased his direct holdings to 5,200 shares.
- Recent company performance: The company reported quarterly EPS of C$0.27 on revenue of C$761.97 million, with net margin of 2.61% and return on equity of 12.52%. Shares were down 0.4% and last traded at C$10.30.
- Analyst outlook and dividend: Wall Street analysts are generally bullish, with a consensus Buy rating and an average price target of C$12.21. The company also pays a quarterly dividend of C$0.14, implying a 5.4% annualized yield.
Doman Building Materials Group Ltd. (TSE:DBM - Get Free Report) insider Darren John Alexander Gwozd bought 5,200 shares of the company's stock in a transaction dated Thursday, May 14th. The stock was bought at an average cost of C$10.35 per share, with a total value of C$53,820.00. Following the acquisition, the insider directly owned 5,200 shares of the company's stock, valued at approximately C$53,820. The trade was a ∞ increase in their position.
Doman Building Materials Group Stock Down 0.4%
DBM stock opened at C$10.30 on Friday. The stock has a market capitalization of C$903.96 million, a P/E ratio of 11.20 and a beta of 1.28. The company has a current ratio of 3.94, a quick ratio of 1.11 and a debt-to-equity ratio of 175.88. Doman Building Materials Group Ltd. has a 12 month low of C$8.10 and a 12 month high of C$10.75. The firm has a 50-day moving average price of C$9.89 and a 200-day moving average price of C$9.69.
Doman Building Materials Group (TSE:DBM - Get Free Report) last posted its earnings results on Friday, May 8th. The company reported C$0.27 EPS for the quarter. Doman Building Materials Group had a net margin of 2.61% and a return on equity of 12.52%. The firm had revenue of C$761.97 million during the quarter. As a group, equities research analysts anticipate that Doman Building Materials Group Ltd. will post 0.8051471 EPS for the current fiscal year.
Doman Building Materials Group Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 15th were given a $0.14 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $0.56 annualized dividend and a yield of 5.4%. Doman Building Materials Group's dividend payout ratio (DPR) is currently 60.87%.
Wall Street Analysts Forecast Growth
DBM has been the subject of several recent research reports. National Bank Financial upped their price objective on Doman Building Materials Group from C$12.50 to C$13.50 and gave the company an "outperform" rating in a research note on Tuesday. Raymond James Financial upped their price objective on Doman Building Materials Group from C$11.00 to C$12.00 and gave the company a "strong-buy" rating in a research note on Monday, March 9th. Desjardins upped their price objective on Doman Building Materials Group from C$12.00 to C$12.50 and gave the company a "buy" rating in a research note on Tuesday. Stifel Nicolaus upped their price objective on Doman Building Materials Group from C$12.00 to C$12.25 and gave the company a "buy" rating in a research note on Tuesday. Finally, Royal Bank Of Canada upped their price objective on Doman Building Materials Group from C$11.00 to C$12.00 and gave the company an "outperform" rating in a research note on Thursday, April 16th. One investment analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of C$12.21.
Read Our Latest Analysis on DBM
Doman Building Materials Group Company Profile
(
Get Free Report)
Doman Building Materials Group Ltd is a wholesale distributor of building materials and home renovation products. The company services the new home construction, home renovation and industrial markets by supplying the retail and wholesale lumber and building materials industry, hardware stores, industrial and furniture manufacturers and similar concerns. Its operations also include timber ownership and management of private timberlands and forest licenses, and agricultural post-peeling and pressure treating through CanWel Fibre Corp.
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