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Tesla: How and Why It Gets To $300
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S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
146 Pounds of Graphite Needed for Each EV (Ad)
Is Frontline's 20% Dividend Too Good To Be True?
Stock market today: World stocks mixed as Wall St inches toward bull market
146 Pounds of Graphite Needed for Each EV (Ad)
Here’s What’s Driving the Price of Carvana Higher
Wheat prices jump following collapse of major dam in southern Ukraine
146 Pounds of Graphite Needed for Each EV (Ad)
Tesla: How and Why It Gets To $300
It Is Not Too Late To “Git” On Board With GitLab 
S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
146 Pounds of Graphite Needed for Each EV (Ad)
Is Frontline's 20% Dividend Too Good To Be True?
Stock market today: World stocks mixed as Wall St inches toward bull market
146 Pounds of Graphite Needed for Each EV (Ad)
Here’s What’s Driving the Price of Carvana Higher
Wheat prices jump following collapse of major dam in southern Ukraine
146 Pounds of Graphite Needed for Each EV (Ad)
Tesla: How and Why It Gets To $300
It Is Not Too Late To “Git” On Board With GitLab 
S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
146 Pounds of Graphite Needed for Each EV (Ad)
Is Frontline's 20% Dividend Too Good To Be True?
Stock market today: World stocks mixed as Wall St inches toward bull market
146 Pounds of Graphite Needed for Each EV (Ad)
Here’s What’s Driving the Price of Carvana Higher
Wheat prices jump following collapse of major dam in southern Ukraine
146 Pounds of Graphite Needed for Each EV (Ad)
Tesla: How and Why It Gets To $300
It Is Not Too Late To “Git” On Board With GitLab 
NASDAQ:BECN

Beacon Roofing Supply (BECN) Stock Forecast, Price & News

$70.07
+3.30 (+4.94%)
(As of 06/6/2023 ET)
Compare
Today's Range
$66.37
$70.15
50-Day Range
$54.90
$70.07
52-Week Range
$45.71
$70.15
Volume
439,025 shs
Average Volume
409,378 shs
Market Capitalization
$4.47 billion
P/E Ratio
13.48
Dividend Yield
N/A
Price Target
$70.00

Beacon Roofing Supply MarketRank™ Forecast

Analyst Rating
Hold
2.13 Rating Score
Upside/​Downside
0.1% Downside
$70.00 Price Target
Short Interest
Bearish
4.18% of Float Sold Short
Dividend Strength
N/A
Sustainability
-4.02
Upright™ Environmental Score
News Sentiment
0.87mentions of Beacon Roofing Supply in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
$6 M Bought Last Quarter
Proj. Earnings Growth
6.71%
From $6.41 to $6.84 Per Share

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 stars

Retail/Wholesale Sector

183rd out of 209 stocks

Lumber & Other Construction Materials Industry

3rd out of 4 stocks


BECN stock logo

About Beacon Roofing Supply (NASDAQ:BECN) Stock

Beacon 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.

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BECN Stock News Headlines

The $193 Billion US-China War You Don't Know About
They're fighting for control of lithium – a key ingredient in EVs and clean energy technology. It's arguably the most important commodity of the 21st century. China owns 80% of global supply. But the US plans to grab a massive slice of the lithium market, which is forecasted to quadruple to $193 billion by 2028, according to Fortune Business Insights.
Nevada Desert more Valuable than Wall Street or Silicon Valley?
It could be true, according to Nevada Governor Steve Sisolak. The state's desert flats contain more lithium than any other geography in the world. And with electric vehicles driving a global boom in demand for lithium-ion batteries, Nevada should be on every investor's radar.
Beacon Roofing Supply Inc Class A
Beacon Roofing Supply Inc. Reports Drop In Q1 Bottom Line
Beacon Reports First Quarter 2023 Results
See More Headlines

BECN Price History

BECN Company Calendar

Last Earnings
11/18/2021
Today
6/07/2023
Next Earnings (Estimated)
8/03/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Lumber & other construction materials
Sub-Industry
Trading Companies & Distributors
Current Symbol
NASDAQ:BECN
CUSIP
07368510
Employees
7,478
Year Founded
1928

Price Target and Rating

Average Stock Price Forecast
$70.00
High Stock Price Forecast
$91.00
Low Stock Price Forecast
$54.00
Forecasted Upside/Downside
-0.1%
Consensus Rating
Hold
Rating Score (0-4)
2.13
Research Coverage
8 Analysts

Profitability

Net Income
$458.40 million
Pretax Margin
6.82%

Debt

Sales & Book Value

Annual Sales
$8.43 billion
Cash Flow
$11.18 per share
Book Value
$29.27 per share

Miscellaneous

Free Float
62,919,000
Market Cap
$4.47 billion
Optionable
Optionable
Beta
1.58

Social Links


Key Executives

  • Julian G. FrancisJulian G. Francis
    President, Chief Executive Officer & Director
  • Frank A. Lonegro
    Chief Financial Officer & Executive Vice President
  • Christopher NelsonChristopher Nelson
    Chief Information Officer & Executive VP
  • Christine Stroh Reddy
    Secretary, Executive VP & General Counsel
  • McDevitt M. Sean
    Chief Human Resources Officer & Executive VP













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 year. 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 analysts have issued 1 year target prices for Beacon Roofing Supply's stock. Their BECN share price forecasts range from $54.00 to $91.00. On average, they expect the company's stock price to reach $70.00 in the next twelve months. This suggests that the stock has a possible downside of 0.1%.
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 beginning of 2023. Since then, BECN shares have increased by 32.7% and is now trading at $70.07.
View the best growth stocks for 2023 here
.

Are investors shorting Beacon Roofing Supply?

Beacon Roofing Supply saw a increase in short interest during 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 trading volume of 402,600 shares, the short-interest ratio is currently 5.0 days. Approximately 4.2% of the shares of the stock 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) posted its quarterly earnings data 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 analysts' expectations 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 firm's revenue was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.30 earnings per share.

What guidance has Beacon Roofing Supply issued on next quarter's earnings?

Beacon Roofing Supply updated its FY 2023 earnings guidance on Friday, May, 5th. The company provided earnings per share (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 retail and institutional investors. Top institutional investors 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 $70.07.

How much money does Beacon Roofing Supply make?

Beacon Roofing Supply (NASDAQ:BECN) has a market capitalization of $4.47 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 6/7/2023 by MarketBeat.com Staff

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