Installed Building Products (NYSE:IBP - Get Free Report) is expected to post its Q1 2025 quarterly earnings results before the market opens on Thursday, May 8th. Analysts expect the company to announce earnings of $2.23 per share and revenue of $681.34 million for the quarter.
Installed Building Products Price Performance
Installed Building Products stock traded up $1.09 during midday trading on Monday, hitting $172.01. 108,020 shares of the company's stock were exchanged, compared to its average volume of 334,068. The company has a market cap of $4.75 billion, a P/E ratio of 19.11 and a beta of 1.84. The company has a debt-to-equity ratio of 1.18, a quick ratio of 2.50 and a current ratio of 2.99. The stock has a 50-day moving average price of $169.23 and a two-hundred day moving average price of $188.97. Installed Building Products has a 52-week low of $151.27 and a 52-week high of $281.04.
Installed Building Products Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were given a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 0.86%. This is a boost from Installed Building Products's previous quarterly dividend of $0.35. The ex-dividend date was Friday, March 14th. Installed Building Products's dividend payout ratio is 16.26%.
Analysts Set New Price Targets
A number of equities analysts have commented on the stock. Truist Financial cut their price target on shares of Installed Building Products from $240.00 to $180.00 and set a "hold" rating for the company in a research note on Monday, March 3rd. The Goldman Sachs Group reduced their target price on Installed Building Products from $262.00 to $228.00 and set a "buy" rating on the stock in a research note on Tuesday, January 14th. Loop Capital lowered their price target on Installed Building Products from $230.00 to $215.00 and set a "buy" rating on the stock in a research report on Tuesday, March 4th. StockNews.com cut Installed Building Products from a "buy" rating to a "hold" rating in a report on Friday, February 28th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on Installed Building Products in a research report on Tuesday, April 1st. They issued a "hold" rating and a $183.00 target price for the company. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $216.09.
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About Installed Building Products
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Installed Building Products, Inc, together with its subsidiaries, engages in the installation of insulation, waterproofing, fire-stopping, fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving and mirrors, and other products in the United States. It operates through Installation, Distribution, and Manufacturing operation segments.
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