Research Analysts Offer Predictions for IBP FY2025 Earnings

Installed Building Products, Inc. (NYSE:IBP - Free Report) - Stock analysts at DA Davidson lowered their FY2025 earnings per share estimates for Installed Building Products in a research note issued to investors on Friday, May 9th. DA Davidson analyst K. Yinger now expects that the construction company will post earnings per share of $9.40 for the year, down from their previous forecast of $10.09. DA Davidson currently has a "Buy" rating and a $225.00 target price on the stock. The consensus estimate for Installed Building Products' current full-year earnings is $10.66 per share. DA Davidson also issued estimates for Installed Building Products' FY2026 earnings at $11.15 EPS.

Installed Building Products (NYSE:IBP - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The construction company reported $2.08 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.23 by ($0.15). Installed Building Products had a return on equity of 43.56% and a net margin of 8.74%. The business had revenue of $684.80 million during the quarter, compared to analyst estimates of $681.34 million. During the same period in the previous year, the business posted $2.47 earnings per share. The firm's quarterly revenue was down 1.2% on a year-over-year basis.

Other equities analysts also recently issued research reports about the stock. StockNews.com downgraded shares of Installed Building Products from a "buy" rating to a "hold" rating in a research note on Friday, February 28th. Loop Capital dropped their price objective on Installed Building Products from $210.00 to $200.00 and set a "buy" rating for the company in a report on Monday. Deutsche Bank Aktiengesellschaft began coverage on Installed Building Products in a report on Tuesday, April 1st. They issued a "hold" rating and a $183.00 target price on the stock. Truist Financial lowered their price target on Installed Building Products from $240.00 to $180.00 and set a "hold" rating for the company in a research report on Monday, March 3rd. Finally, The Goldman Sachs Group cut their price objective on Installed Building Products from $262.00 to $228.00 and set a "buy" rating on the stock in a report on Tuesday, January 14th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, Installed Building Products presently has an average rating of "Hold" and a consensus price target of $212.45.

Installed Building Products Trading Down 4.9%

Shares of IBP traded down $8.38 during mid-day trading on Monday, hitting $162.82. The company had a trading volume of 503,955 shares, compared to its average volume of 338,558. Installed Building Products has a 1-year low of $151.27 and a 1-year high of $281.04. The business's 50-day simple moving average is $168.38 and its 200-day simple moving average is $185.71. The stock has a market cap of $4.50 billion, a PE ratio of 18.09 and a beta of 1.85. The company has a quick ratio of 2.50, a current ratio of 2.99 and a debt-to-equity ratio of 1.18.

Installed Building Products Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be given a dividend of $0.37 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 0.91%. Installed Building Products's payout ratio is currently 16.88%.

Institutional Investors Weigh In On Installed Building Products

A number of large investors have recently added to or reduced their stakes in IBP. Curio Wealth LLC purchased a new position in Installed Building Products in the 4th quarter valued at about $30,000. UMB Bank n.a. increased its position in shares of Installed Building Products by 142.1% during the first quarter. UMB Bank n.a. now owns 184 shares of the construction company's stock worth $32,000 after acquiring an additional 108 shares during the last quarter. Fifth Third Bancorp lifted its stake in shares of Installed Building Products by 74.6% in the first quarter. Fifth Third Bancorp now owns 227 shares of the construction company's stock worth $39,000 after acquiring an additional 97 shares in the last quarter. McIlrath & Eck LLC lifted its stake in shares of Installed Building Products by 32.3% in the fourth quarter. McIlrath & Eck LLC now owns 250 shares of the construction company's stock worth $44,000 after acquiring an additional 61 shares in the last quarter. Finally, Smartleaf Asset Management LLC boosted its holdings in Installed Building Products by 295.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 364 shares of the construction company's stock valued at $64,000 after purchasing an additional 272 shares during the last quarter. 99.61% of the stock is owned by institutional investors and hedge funds.

Installed Building Products Company Profile

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.