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Raymond James reaffirms Doman Building Materials' strong buy rating with C$10.75 target, despite lowered earnings expectations for forest products companies in 2024; fundamentals support long-term upside for forest products companies
Published: April 04, 2024 by Canada StockWatch
DBM Doman Building to pay 14-cent dividend April 12
Published: March 18, 2024 by Canada StockWatch
RBC reaffirms Doman at outperform, expects continued expansion through M&A in near term; while 2023 revenues fell 18% year-over-year, its unit volumes rose and adjusted EBITDA fell only 3.5%, indicating resiliency of business model through slower market
Published: March 14, 2024 by RBC Capital Markets LLC
CIBC maintains Doman Building Materials at outperformer and C$10 target, lifts 2024/2025 EBITDA estimate; Doman poised to benefit from healthy medium-/long-term demand for treated lumber in North America on elevated home equity levels, aging housing stock
Published: March 13, 2024 by CIBC World Markets Inc.
Doman Building Materials reports 2023 consolidated revenues were C$2.5B, down from C$3.0B in 2022; decrease is largely due to the impact of lower construction materials pricing, partially offset by increased unit volumes during 2023
Published: March 11, 2024 by Financial Services Monitor Worldwide

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