NASDAQ:BECN Beacon Roofing Supply - BECN Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Beacon Roofing Supply, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $55.10 +0.29 (+0.53%) (As of 01/27/2023 12:00 AM ET) Add Compare Share Share Today's Range$54.33▼$55.3150-Day Range$51.58▼$59.4752-Week Range$45.71▼$65.30Volume239,834 shsAverage Volume396,759 shsMarket Capitalization$3.58 billionP/E Ratio10.13Dividend YieldN/APrice Target$65.63 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Beacon Roofing Supply MarketRank™ ForecastAnalyst RatingHold2.25 Rating ScoreUpside/Downside19.1% Upside$65.63 Price TargetShort InterestBearish4.08% of Float Sold ShortDividend StrengthN/ASustainability-4.02Upright™ Environmental ScoreNews Sentiment0.77Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth-12.48%From $7.05 to $6.17 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.49 out of 5 starsRetail/Wholesale Sector178th out of 216 stocksLumber & Other Construction Materials Industry4th out of 4 stocks 2.1 Analyst's Opinion Consensus RatingBeacon Roofing Supply has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 2 buy ratings, 6 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $65.63, Beacon Roofing Supply has a forecasted upside of 19.1% from its current price of $55.10.Amount of Analyst CoverageBeacon Roofing Supply has only been the subject of 4 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.08% of the float of Beacon Roofing Supply has been sold short.Short Interest Ratio / Days to CoverBeacon Roofing Supply has a short interest ratio ("days to cover") of 4.Change versus previous monthShort interest in Beacon Roofing Supply has recently increased by 20.83%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldBeacon Roofing Supply does not currently pay a dividend.Dividend GrowthBeacon Roofing Supply does not have a long track record of dividend growth. Previous Next 1.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreBeacon Roofing Supply has received a -31.97% net impact score from Upright. The largest negative impact of Beacon Roofing Supply in category "GHG emissions" is driven by its "Roofing" and "Roof attachments" products. See details.Environmental SustainabilityThe Environmental Impact score for Beacon Roofing Supply is -4.02. Previous Next 2.6 News and Social Media Coverage News SentimentBeacon Roofing Supply has a news sentiment score of 0.77. 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 0.53 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Beacon Roofing Supply this week, compared to 3 articles on an average week.MarketBeat FollowsOnly 1 people have added Beacon Roofing Supply to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Beacon Roofing Supply insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.95% of the stock of Beacon Roofing Supply is held by insiders. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Beacon Roofing Supply are expected to decrease by -12.48% in the coming year, from $7.05 to $6.17 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Beacon Roofing Supply is 10.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.06.Price to Earnings Ratio vs. SectorThe P/E ratio of Beacon Roofing Supply is 10.13, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 39.11. Previous Next See Top Rated MarketRank™ Stocks Here About Beacon Roofing Supply (NASDAQ:BECN) StockBeacon Roofing Supply, Inc. engages in the distribution of residential and non-residential roofing materials. It also distributes complementary building products including siding, windows, specialty exterior building products, insulation, and waterproofing systems for building exteriors. The company was founded on August 22, 1997 and is headquartered in Herndon, VA.Read More Receive BECN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Beacon Roofing Supply and its competitors with MarketBeat's FREE daily newsletter. Email Address BECN Stock News HeadlinesJanuary 26, 2023 | finance.yahoo.comEarnings Preview: Beacon Roofing Supply (BECN) Q4 Earnings Expected to DeclineJanuary 26, 2023 | americanbankingnews.comBeacon Roofing Supply (NASDAQ:BECN) PT Lowered to $65.00 at Robert W. BairdJanuary 29, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…January 22, 2023 | americanbankingnews.comBeacon Roofing Supply, Inc. (NASDAQ:BECN) Short Interest Up 12.0% in DecemberJanuary 20, 2023 | finance.yahoo.comBeacon (BECN) Opens Two Branches in Texas, Boosts Ambition 2025January 18, 2023 | finance.yahoo.comBeacon Adds Locations to Support More Texas ContractorsJanuary 12, 2023 | seekingalpha.comBeacon Roofing Supply: Cheap At 11x Normalized FCFJanuary 9, 2023 | finance.yahoo.comAre Investors Undervaluing Beacon Roofing Supply, Inc. (NASDAQ:BECN) By 36%?January 29, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…January 9, 2023 | finance.yahoo.comBeacon Poised to Serve More Contractors in GeorgiaJanuary 6, 2023 | finance.yahoo.comHerndon's Beacon kicks off 2023 with acquisitions of Whitney Building Products, First Coastal ExteriorsJanuary 5, 2023 | msn.comBeacon (BECN) Buys First Coastal, Expands in SoutheastJanuary 4, 2023 | finance.yahoo.comBeacon Announces Acquisition of First Coastal ExteriorsJanuary 3, 2023 | finance.yahoo.comBeacon Announces Acquisition of Whitney Building ProductsDecember 23, 2022 | finance.yahoo.comBeacon Roofing Supply, Inc. (NASDAQ:BECN) Q3 2022 Earnings Call TranscriptDecember 22, 2022 | finance.yahoo.comBeacon (BECN) on Expansion Spree, Unviels Greenfield BranchesDecember 18, 2022 | money.usnews.comBeacon Roofing Supply Inc - Ordinary Shares - Class ADecember 16, 2022 | finance.yahoo.comBeacon’s Growth Further Expands Service in TexasDecember 12, 2022 | finance.yahoo.comBeacon Roofing Supply, Inc.'s (NASDAQ:BECN) Stock Been Rising: Are Strong Financials Guiding The Market?December 8, 2022 | finance.yahoo.comBuilders FirstSource (BLDR) Up 14.8% Since Last Earnings Report: Can It Continue?December 2, 2022 | finance.yahoo.comBeacon Expands Presence in Northern IllinoisNovember 27, 2022 | finance.yahoo.comBeacon Roofing Supply (NASDAQ:BECN) Is Looking To Continue Growing Its Returns On CapitalNovember 15, 2022 | finance.yahoo.comVeterans Honored in Beacon of Hope ContestNovember 13, 2022 | finance.yahoo.comMartin Harrell Just Bought A Sprinkling of Shares In Beacon Roofing Supply, Inc. (NASDAQ:BECN)November 10, 2022 | finance.yahoo.comBeacon Expands Presence in Key Florida MarketNovember 8, 2022 | finance.yahoo.comBeacon Roofing Supply Third Quarter 2022 Earnings: Beats ExpectationsNovember 7, 2022 | markets.businessinsider.comAnalyst Ratings for Beacon Roofing SupplySee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive BECN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Beacon Roofing Supply and its competitors with MarketBeat's FREE daily newsletter. Email Address BECN Company Calendar Last Earnings11/03/2022Today1/29/2023Next Earnings (Estimated)2/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Lumber & other construction materials Sub-IndustryTrading Companies & Distributors SectorRetail/Wholesale Current SymbolNASDAQ:BECN CUSIP07368510 CIK1124941 Webwww.beaconroofingsupply.com Phone(571) 323-3939Fax703-437-1919Employees7,582Year Founded1928Price Target and Rating Average Stock Price Forecast$65.63 High Stock Price Forecast$91.00 Low Stock Price Forecast$54.00 Forecasted Upside/Downside+19.1%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$5.44 Trailing P/E Ratio10.13 Forward P/E Ratio7.82 P/E GrowthN/ANet Income$104.80 million Net Margins5.52% Pretax MarginN/A Return on Equity31.40% Return on Assets9.01% Debt Debt-to-Equity Ratio1.01 Current Ratio1.92 Quick Ratio1.10 Sales & Book Value Annual Sales$6.82 billion Price / Sales0.53 Cash Flow$6.17 per share Price / Cash Flow8.93 Book ValueN/A Price / BookN/AMiscellaneous Outstanding Shares65,060,000Free Float64,444,000Market Cap$3.58 billion OptionableOptionable Beta1.60 Social Links Key ExecutivesJulian G. FrancisPresident, Chief Executive Officer & DirectorFrank A. LonegroChief Financial Officer & Executive Vice PresidentChristopher NelsonChief Information Officer & Executive VPChristine Stroh ReddySecretary, Executive VP & General CounselMcDevitt M. SeanChief Human Resources Officer & Executive VPKey CompetitorsGMSNYSE:GMSKohl'sNYSE:KSSSignet JewelersNYSE:SIGFoot LockerNYSE:FLSprouts Farmers MarketNASDAQ:SFMView All CompetitorsInsiders & InstitutionsNatixis Advisors L.P.Bought 54,774 shares on 1/27/2023Ownership: 0.152%Comerica BankBought 1,927 shares on 1/26/2023Ownership: 0.089%Strs OhioSold 2,400 shares on 1/26/2023Ownership: 0.030%Waypoint Capital Advisors LLCBought 44,501 shares on 1/23/2023Ownership: 0.068%Wedge Capital Management L L P NCSold 4,770 shares on 1/17/2023Ownership: 0.230%View All Insider TransactionsView All Institutional Transactions BECN Stock - Frequently Asked Questions Should I buy or sell Beacon Roofing Supply stock right now? 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Beacon Roofing Supply in the last year. There are currently 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" BECN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BECN, but not buy additional shares or sell existing shares. View BECN analyst ratings or view top-rated stocks. What is Beacon Roofing Supply's stock price forecast for 2023? 8 Wall Street analysts have issued 12-month price objectives for Beacon Roofing Supply's stock. Their BECN share price forecasts range from $54.00 to $91.00. On average, they anticipate the company's stock price to reach $65.63 in the next year. This suggests a possible upside of 19.1% from the stock's current price. View analysts price targets for BECN or view top-rated stocks among Wall Street analysts. How have BECN shares performed in 2023? Beacon Roofing Supply's stock was trading at $52.79 at the start of the year. Since then, BECN stock has increased by 4.4% and is now trading at $55.10. View the best growth stocks for 2023 here. When is Beacon Roofing Supply's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, February 2nd 2023. View our BECN earnings forecast. How were Beacon Roofing Supply's earnings last quarter? Beacon Roofing Supply, Inc. (NASDAQ:BECN) released its quarterly earnings results on Thursday, November, 3rd. The company reported $2.25 EPS for the quarter, beating the consensus estimate of $2.10 by $0.15. The business had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.35 billion. Beacon Roofing Supply had a net margin of 5.52% and a trailing twelve-month return on equity of 31.40%. What guidance has Beacon Roofing Supply issued on next quarter's earnings? Beacon Roofing Supply updated its FY 2022 earnings guidance on Friday, November, 18th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $8.17 billion-$8.30 billion, compared to the consensus revenue estimate of $8.31 billion. What is Julian Francis' approval rating as Beacon Roofing Supply's CEO? 62 employees have rated Beacon Roofing Supply Chief Executive Officer Julian Francis on Glassdoor.com. Julian Francis has an approval rating of 27% among the company's employees. This puts Julian Francis in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 71.0% of employees surveyed would recommend working at Beacon Roofing Supply to a friend. What other stocks do shareholders of Beacon Roofing Supply own? Based on aggregate information from My MarketBeat watchlists, some companies that other Beacon Roofing Supply investors own include AT&T (T), Micron Technology (MU), GW Pharmaceuticals (GWPH), Home Depot (HD), Raytheon Technologies (RTX), Procter & Gamble (PG), Abbott Laboratories (ABT), Adobe (ADBE), Activision Blizzard (ATVI) and General Electric (GE). What is Beacon Roofing Supply's stock symbol? Beacon Roofing Supply trades on the NASDAQ under the ticker symbol "BECN." Who are Beacon Roofing Supply's major shareholders? Beacon Roofing Supply's stock is owned by many different retail and institutional investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.23%), Natixis Advisors L.P. (0.15%), Comerica Bank (0.09%), Waypoint Capital Advisors LLC (0.07%), Strs Ohio (0.03%) and Contravisory Investment Management Inc. (0.01%). Insiders that own company stock include C Eric Swank, Cd&R Investment Associates Ix,, Christopher Anthony Harrison, Christopher Carl Nelson, Clement Munroe Best III, Jason L Taylor, Julian Francis and Richard W Frost. View institutional ownership trends. How do I buy shares of Beacon Roofing Supply? Shares of BECN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Beacon Roofing Supply's stock price today? One share of BECN stock can currently be purchased for approximately $55.10. How much money does Beacon Roofing Supply make? Beacon Roofing Supply (NASDAQ:BECN) has a market capitalization of $3.58 billion and generates $6.82 billion in revenue each year. The company earns $104.80 million in net income (profit) each year or $5.44 on an earnings per share basis. How many employees does Beacon Roofing Supply have? The company employs 7,582 workers across the globe. Does Beacon Roofing Supply have any subsidiaries? The following companies are subsidiares of Beacon Roofing Supply: Allied Building Products, Atlas Supply, BJ Supply, Beacon Roofing Supply Canada Company, Beacon Sales Acquisition, Eco Insulation Supply, and Roofing Supply Group.Read More How can I contact Beacon Roofing Supply? Beacon Roofing Supply's mailing address is 505 Huntmar Park Drive Suite 300, Herndon VA, 20170. The official website for the company is www.beaconroofingsupply.com. The company can be reached via phone at (571) 323-3939, via email at jwilson@becn.com, or via fax at 703-437-1919. This page (NASDAQ:BECN) was last updated on 1/29/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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