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S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Legendary Stockpicker: "Buy this A.I. stock NOW" (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Biden To Unleash "Choke Point" Operation On America? (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Biden To Unleash "Choke Point" Operation On America? (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Legendary Stockpicker: "Buy this A.I. stock NOW" (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Biden To Unleash "Choke Point" Operation On America? (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Biden To Unleash "Choke Point" Operation On America? (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Legendary Stockpicker: "Buy this A.I. stock NOW" (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Biden To Unleash "Choke Point" Operation On America? (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Biden To Unleash "Choke Point" Operation On America? (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
NASDAQ:BECN

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

$76.03
+0.70 (+0.93%)
(As of 09/22/2023 ET)
Compare
Today's Range
$75.41
$76.49
50-Day Range
$75.33
$86.93
52-Week Range
$50.42
$87.46
Volume
334,993 shs
Average Volume
443,125 shs
Market Capitalization
$4.80 billion
P/E Ratio
15.06
Dividend Yield
N/A
Price Target
$86.80

Beacon Roofing Supply MarketRank™ Forecast

Analyst Rating
Hold
2.22 Rating Score
Upside/​Downside
14.2% Upside
$86.80 Price Target
Short Interest
Healthy
3.72% of Float Sold Short
Dividend Strength
N/A
Sustainability
-4.02
Upright™ Environmental Score
News Sentiment
1.03mentions of Beacon Roofing Supply in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
$2.94 M Bought Last Quarter
Proj. Earnings Growth
9.35%
From $6.74 to $7.37 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.96 out of 5 stars

Retail/Wholesale Sector

146th out of 207 stocks

Lumber & Other Construction Materials Industry

2nd out of 3 stocks


BECN stock logo

About Beacon Roofing Supply (NASDAQ:BECN) Stock

Beacon Roofing Supply, Inc., together with its subsidiaries, engages in distribution of residential and non-residential roofing materials, and complementary building products to contractors, home builders, building owners, lumberyards, and retailers in the United States and Canada. It offers pitched roofing and low slope roof products; gutters and sidings; building materials, such as lumber and composite, skylights and window, plywood and OSB, decking and railing, and HVAC products; and foam board, spray foam, roll, batt, mineral wool, fiberglass, and commercial insulation products, as well as radiant barriers and blown-in insulation and equipment. The company also provides above grade and below grade membranes and coatings, deck and floor coatings, plaza deck waterproofing products, damp proofing coatings, and air and vapor barriers; tools and equipment, including power and hand tools, ladders and scaffolding, air tools and compressors, nails, screws and fasteners, generators, work wear and safety gear, job site supplies, tool bags and belts, welding and soldering, cleaning supplies, drill bits, and saw blades; and solar panels, mounting hardware, inverters, and storage and batteries. Beacon Roofing Supply, Inc. was founded in 1928 and is headquartered in Herndon, Virginia.

BECN Price History

BECN Stock News Headlines

His system isolated NVIDIA - Here's His Next Buy.
Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.
Beacon Announces Two New Locations
His system isolated NVIDIA - Here's His Next Buy.
Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.
Beacon Roofing Supply, Inc. (OWY.F)
The Latest Analyst Ratings for Beacon Roofing Supply
Beacon Reports Second Quarter 2023 Results
See More Headlines
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BECN Company Calendar

Last Earnings
8/03/2023
Today
9/24/2023
Next Earnings (Estimated)
11/02/2023
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
$86.80
High Stock Price Forecast
$108.00
Low Stock Price Forecast
$54.00
Forecasted Upside/Downside
+14.2%
Consensus Rating
Hold
Rating Score (0-4)
2.22
Research Coverage
9 Analysts

Profitability

Net Income
$458.40 million
Pretax Margin
6.39%

Debt

Sales & Book Value

Annual Sales
$8.43 billion
Cash Flow
$10.71 per share
Book Value
$29.27 per share

Miscellaneous

Free Float
62,497,000
Market Cap
$4.80 billion
Optionable
Optionable
Beta
1.68

Social Links

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Key Executives

  • Mr. Julian G. FrancisMr. Julian G. Francis (Age 56)
    Pres, CEO & Director
    Comp: $2.64M
  • Mr. Frank A. Lonegro (Age 54)
    Exec. VP & CFO
    Comp: $1.73M
  • Mr. Sean M. McDevitt (Age 56)
    Exec. VP & Chief HR Officer
    Comp: $1.41M
  • Mr. C. Munroe Best III (Age 51)
    Pres of South Division
    Comp: $1.13M
  • Mr. Jonathan S. Bennett (Age 54)
    Exec. VP & Chief Commercial Officer
    Comp: $1.37M
  • Mr. Brendan P. Daly
    Exec. VP of Operations Excellence
  • Mr. Christopher Carl NelsonMr. Christopher Carl Nelson (Age 52)
    Exec. VP & Chief Information Officer
  • Ms. Christine Stroh Reddy (Age 54)
    Exec. VP, Gen. Counsel & Corp. Sec.
  • Ms. Jennifer N. Lewis
    VP of Communications & Corp. Social Responsibility
  • Mr. Ross D. Cooper (Age 57)
    Special Advisor













BECN Stock - Frequently Asked Questions

Should I buy or sell Beacon Roofing Supply stock right now?

9 Wall Street 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 3 buy ratings for the stock. The consensus among Wall Street 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?

9 equities research analysts have issued 1 year target prices for Beacon Roofing Supply's stock. Their BECN share price forecasts range from $54.00 to $108.00. On average, they anticipate the company's share price to reach $86.80 in the next year. This suggests a possible upside of 14.2% 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 on January 1st, 2023. Since then, BECN shares have increased by 44.0% and is now trading at $76.03.
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 August. As of August 31st, there was short interest totaling 1,960,000 shares, an increase of 16.0% from the August 15th total of 1,690,000 shares. Based on an average daily trading volume, of 596,700 shares, the short-interest ratio is currently 3.3 days. Currently, 3.7% of the company's stock are sold short.
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, November 2nd 2023.
View our BECN earnings forecast
.

How were Beacon Roofing Supply's earnings last quarter?

Beacon Roofing Supply, Inc. (NASDAQ:BECN) issued its quarterly earnings results on Thursday, August, 3rd. The company reported $2.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.27 by $0.39. The company earned $2.50 billion during the quarter, compared to analyst estimates of $2.50 billion. Beacon Roofing Supply had a trailing twelve-month return on equity of 25.15% and a net margin of 4.69%.

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 Tuesday, August, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $8.77 billion-$8.94 billion, compared to the consensus revenue estimate of $8.73 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), RTX (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 number of retail and institutional investors. Top institutional shareholders include Clayton Dubilier & Rice LLC (23.84%), Dimensional Fund Advisors LP (5.88%), BlackRock Inc. (5.78%), Frontier Capital Management Co. LLC (3.83%), Fisher Asset Management LLC (1.99%) and State Street Corp (1.72%). Insiders that own company stock include C Eric Swank, Cd&R Investment Associates Ix,, Christine Stroh Reddy, Christopher Anthony Harrison, Christopher Carl Nelson, Clement Munroe Best III, Jason L Taylor, Julian Francis and Stuart A Randle.
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 $76.03.

How much money does Beacon Roofing Supply make?

Beacon Roofing Supply (NASDAQ:BECN) has a market capitalization of $4.80 billion and generates $8.43 billion in revenue each year. The company earns $458.40 million in net income (profit) each year or $5.05 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 9/24/2023 by MarketBeat.com Staff

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