NASDAQ:BECN Beacon Roofing Supply (BECN) Stock Forecast, Price & News $71.62 +1.55 (+2.21%) (As of 06/7/2023 ET) Add Compare Share Share Today's Range$70.01▼$71.7750-Day Range$54.90▼$71.6252-Week Range$45.71▼$71.77Volume425,079 shsAverage Volume410,548 shsMarket Capitalization$4.57 billionP/E Ratio13.77Dividend YieldN/APrice Target$70.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Beacon Roofing Supply MarketRank™ ForecastAnalyst RatingHold2.13 Rating ScoreUpside/Downside2.3% Downside$70.00 Price TargetShort InterestBearish4.18% of Float Sold ShortDividend StrengthN/ASustainability-4.02Upright™ Environmental ScoreNews Sentiment0.87Based on 3 Articles This WeekInsider TradingAcquiring Shares$6 M Bought Last QuarterProj. Earnings Growth6.71%From $6.41 to $6.84 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.1.41 out of 5 starsRetail/Wholesale Sector180th out of 201 stocksLumber & Other Construction Materials Industry3rd out of 4 stocks 1.1 Analyst's Opinion Consensus RatingBeacon Roofing Supply has received a consensus rating of Hold. The company's average rating score is 2.13, and is based on 2 buy ratings, 5 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $70.00, Beacon Roofing Supply has a forecasted downside of 2.3% from its current price of $71.62.Amount of Analyst CoverageBeacon Roofing Supply has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.18% 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 5.Change versus previous monthShort interest in Beacon Roofing Supply has recently increased by 6.88%, 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 2.1 News and Social Media Coverage News SentimentBeacon Roofing Supply has a news sentiment score of 0.87. 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 0.46 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Beacon Roofing Supply this week, compared to 4 articles on an average week.Search InterestOnly 3 people have searched for BECN on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Beacon Roofing Supply to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Beacon Roofing Supply insiders have bought 3,159.34% more of their company's stock than they have sold. Specifically, they have bought $5,999,792.00 in company stock and sold $184,080.00 in company stock.Percentage Held by InsidersOnly 1.30% of the stock of Beacon Roofing Supply is held by insiders. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Beacon Roofing Supply are expected to grow by 6.71% in the coming year, from $6.41 to $6.84 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Beacon Roofing Supply is 13.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.50.Price to Earnings Ratio vs. SectorThe P/E ratio of Beacon Roofing Supply is 13.77, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 40.55.Price to Book Value per Share RatioBeacon Roofing Supply has a P/B Ratio of 2.45. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. 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 HeadlinesJune 4, 2023 | finance.yahoo.comWhat Is Beacon Roofing Supply, Inc.'s (NASDAQ:BECN) Share Price Doing?May 21, 2023 | finance.yahoo.comAre Robust Financials Driving The Recent Rally In Beacon Roofing Supply, Inc.'s (NASDAQ:BECN) Stock?June 8, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.May 18, 2023 | finance.yahoo.comBeacon Releases Annual Corporate Social Responsibility ReportMay 18, 2023 | americanbankingnews.comClement Munroe Best III Sells 1,500 Shares of Beacon Roofing Supply, Inc. (NASDAQ:BECN) StockMay 18, 2023 | americanbankingnews.comBeacon Roofing Supply (NASDAQ:BECN) Now Covered by StockNews.comMay 18, 2023 | americanbankingnews.comBeacon Roofing Supply, Inc. (NASDAQ:BECN) Receives $70.00 Consensus PT from AnalystsMay 17, 2023 | americanbankingnews.comBeacon Roofing Supply, Inc. (NASDAQ:BECN) Insider Clement Munroe Best III Sells 1,500 SharesJune 8, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.May 17, 2023 | markets.businessinsider.comStifel Nicolaus Keeps Their Buy Rating on Beacon Roofing Supply (BECN)May 12, 2023 | markets.businessinsider.comAnalysts Offer Insights on Industrial Goods Companies: Stantec (STN), Fluence Energy (FLNC) and Beacon Roofing Supply (BECN)May 10, 2023 | markets.businessinsider.comAnalysts Offer Insights on Industrial Goods Companies: Beacon Roofing Supply (BECN), Enbridge (ENB) and Euronav (EURN)May 9, 2023 | morningstar.comBeacon Roofing Supply Inc Class AMay 9, 2023 | msn.comStephens & Co. Maintains Beacon Roofing Supply Inc - (BECN) Equal-Weight RecommendationMay 9, 2023 | americanbankingnews.comBeacon Roofing Supply (NASDAQ:BECN) Price Target Cut to $68.00 by Analysts at StephensMay 9, 2023 | americanbankingnews.comDeutsche Bank Aktiengesellschaft Boosts Beacon Roofing Supply (NASDAQ:BECN) Price Target to $86.00May 6, 2023 | finance.yahoo.comBeacon Roofing Supply (NASDAQ:BECN) Shareholders Will Want The ROCE Trajectory To ContinueMay 6, 2023 | msn.comDeutsche Bank Maintains Beacon Roofing Supply Inc - (BECN) Buy RecommendationMay 5, 2023 | finance.yahoo.comBeacon's (BECN) Q1 Earnings Top, Revenues Miss, Stock DownMay 5, 2023 | seekingalpha.comBeacon Roofing Supply, Inc. 2023 Q1 - Results - Earnings Call PresentationMay 4, 2023 | markets.businessinsider.comBeacon Roofing Supply Inc. Reports Drop In Q1 Bottom LineMay 4, 2023 | finance.yahoo.comBeacon Reports First Quarter 2023 ResultsMay 3, 2023 | markets.businessinsider.comBeacon Roofing Supply earnings preview: what Wall Street is expectingMay 3, 2023 | finance.yahoo.comBeacon Adds Mississippi Branch Supporting Residential and Commercial ContractorsMay 1, 2023 | finance.yahoo.comBeacon Adds Location to Support East Texas ContractorsApril 29, 2023 | americanbankingnews.comInsider Buying: Beacon Roofing Supply, Inc. (NASDAQ:BECN) Major Shareholder Buys 99,880 Shares of StockApril 22, 2023 | finance.yahoo.comOne Beacon Roofing Supply, Inc. (NASDAQ:BECN) insider upped their stake in the previous yearSee More Headlines BECN Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BECN Company Calendar Last Earnings11/18/2021Today6/07/2023Next Earnings (Estimated)8/03/2023Fiscal 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) 323-3939Fax703-437-1919Employees7,478Year Founded1928Price Target and Rating Average Stock Price Forecast$70.00 High Stock Price Forecast$91.00 Low Stock Price Forecast$54.00 Forecasted Upside/Downside-2.3%Consensus RatingHold Rating Score (0-4)2.13 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$5.20 Trailing P/E Ratio13.77 Forward P/E Ratio11.17 P/E GrowthN/ANet Income$458.40 million Net Margins5.01% Pretax Margin6.82% Return on Equity27.52% Return on Assets8.26% Debt Debt-to-Equity Ratio1.00 Current Ratio2.07 Quick Ratio1.09 Sales & Book Value Annual Sales$8.43 billion Price / Sales0.54 Cash Flow$11.50 per share Price / Cash Flow6.23 Book Value$29.27 per share Price / Book2.45Miscellaneous Outstanding Shares63,750,000Free Float62,919,000Market Cap$4.57 billion OptionableOptionable Beta1.58 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:GMSCapriNYSE:CPRIInsight EnterprisesNASDAQ:NSITMacy'sNYSE:MAsbury Automotive GroupNYSE:ABGView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 564 shares on 5/26/2023Ownership: 0.009%Brandywine Global Investment Management LLCBought 173,190 shares on 5/25/2023Ownership: 0.272%Ameriprise Financial Inc.Sold 43,926 shares on 5/22/2023Ownership: 0.884%JPMorgan Chase & Co.Bought 637,420 shares on 5/18/2023Ownership: 1.332%New York State Common Retirement FundSold 11,398 shares on 5/18/2023Ownership: 0.042%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 equities research analysts have issued "buy," "hold," and "sell" ratings for Beacon Roofing Supply in the last twelve months. There are currently 1 sell rating, 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities 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 equities research analysts have issued 12 month price objectives for Beacon Roofing Supply's shares. Their BECN share price forecasts range from $54.00 to $91.00. On average, they predict the company's share price to reach $70.00 in the next year. This suggests that the stock has a possible downside of 2.3%. 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 on January 1st, 2023. Since then, BECN stock has increased by 35.7% and is now trading at $71.62. View the best growth stocks for 2023 here. Are investors shorting Beacon Roofing Supply? Beacon Roofing Supply saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 2,020,000 shares, an increase of 6.9% from the April 30th total of 1,890,000 shares. Based on an average daily volume of 402,600 shares, the days-to-cover ratio is currently 5.0 days. Approximately 4.2% of the company's shares are short sold. View Beacon Roofing Supply's Short Interest. When is Beacon Roofing Supply's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our BECN earnings forecast. How were Beacon Roofing Supply's earnings last quarter? Beacon Roofing Supply, Inc. (NASDAQ:BECN) released its earnings results on Thursday, November, 18th. The company reported $1.22 EPS for the quarter, missing the consensus estimate of $1.54 by $0.32. The company earned $1.88 billion during the quarter, compared to the consensus estimate of $1.88 billion. Beacon Roofing Supply had a net margin of 5.01% and a trailing twelve-month return on equity of 27.52%. The company's quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter last year, the company posted $1.30 earnings per share. What ETFs hold Beacon Roofing Supply's stock? ETFs with the largest weight of Beacon Roofing Supply (NASDAQ:BECN) stock in their portfolio include Invesco DWA Consumer Cyclicals Momentum ETF (PEZ), Qraft AI-Enhanced Next Value ETF (NVQ), Hoya Capital Housing ETF (HOMZ), First Trust Mid Cap Value AlphaDEX Fund (FNK), Fidelity Small-Mid Cap Opportunities ETF (FSMO), iShares U.S. Home Construction ETF (ITB), Carbon Collective Climate Solutions U.S. Equity ETF (CCSO) and First Trust Mid Cap Core AlphaDEX Fund (FNX). What guidance has Beacon Roofing Supply issued on next quarter's earnings? Beacon Roofing Supply issued an update on its FY 2023 earnings guidance on Friday, May, 5th. The company provided EPS guidance of for the period. The company issued revenue guidance of $8.60 billion-$8.77 billion, compared to the consensus revenue estimate of $8.54 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 a variety of institutional and retail investors. Top institutional shareholders include Clayton Dubilier & Rice LLC (23.47%), FMR LLC (9.35%), American Century Companies Inc. (6.22%), Dimensional Fund Advisors LP (6.06%), BlackRock Inc. (5.52%) and Frontier Capital Management Co. LLC (2.70%). 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 and Julian Francis. 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 $71.62. How much money does Beacon Roofing Supply make? Beacon Roofing Supply (NASDAQ:BECN) has a market capitalization of $4.57 billion and generates $8.43 billion in revenue each year. The company earns $458.40 million in net income (profit) each year or $5.20 on an earnings per share basis. How many employees does Beacon Roofing Supply have? The company employs 7,478 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 6/8/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Beacon Roofing Supply, Inc. 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