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. $57.06 +0.83 (+1.48%) (As of 03/20/2023 03:21 PM ET) Add Compare Share Share Today's Range$56.85▼$58.0150-Day Range$52.32▼$67.3252-Week Range$45.71▼$68.31Volume171,293 shsAverage Volume455,242 shsMarket Capitalization$3.67 billionP/E Ratio10.26Dividend YieldN/APrice Target$70.57 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Beacon Roofing Supply MarketRank™ ForecastAnalyst RatingHold2.11 Rating ScoreUpside/Downside23.7% Upside$70.57 Price TargetShort InterestHealthy4.75% of Float Sold ShortDividend StrengthN/ASustainability-4.02Upright™ Environmental ScoreNews Sentiment0.43Based on 4 Articles This WeekInsider TradingAcquiring Shares$6 M Bought Last QuarterProj. Earnings Growth8.81%From $6.24 to $6.79 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.2.07 out of 5 starsRetail/Wholesale Sector33rd out of 211 stocksLumber & Other Construction Materials Industry1st 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 2.11, and is based on 2 buy ratings, 6 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $70.57, Beacon Roofing Supply has a forecasted upside of 23.7% from its current price of $57.06.Amount of Analyst CoverageBeacon Roofing Supply has only been the subject of 4 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted4.75% 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 5.3.Change versus previous monthShort interest in Beacon Roofing Supply has recently decreased by 8.30%, indicating that investor sentiment is improving 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 2.5 News and Social Media Coverage News SentimentBeacon Roofing Supply has a news sentiment score of 0.43. 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 news sentiment score is similar to the average news sentiment of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Beacon Roofing Supply this week, compared to 3 articles on an average week.Search Interest5 people have searched for BECN on MarketBeat in the last 30 days. MarketBeat FollowsOnly 3 people have added Beacon Roofing Supply to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 more of their company's stock than they have sold. Specifically, they have bought $6,000,216.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.95% of the stock of Beacon Roofing Supply is held by insiders. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Beacon Roofing Supply are expected to grow by 8.81% in the coming year, from $6.24 to $6.79 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Beacon Roofing Supply is 10.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.81.Price to Earnings Ratio vs. SectorThe P/E ratio of Beacon Roofing Supply is 10.26, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 33.34.Price to Book Value per Share RatioBeacon Roofing Supply has a P/B Ratio of 1.95. 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 HeadlinesMarch 19, 2023 | americanbankingnews.comBeacon Roofing Supply (NASDAQ:BECN) Research Coverage Started at StockNews.comMarch 17, 2023 | finance.yahoo.comBeacon (BECN) Focuses on Ambition 2025 Amid Inflation WoesMarch 20, 2023 | Legacy Research (Affiliate) (Ad)"Prepare for Five Years of Famine"Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecastMarch 16, 2023 | americanbankingnews.comBeacon Roofing Supply, Inc. (NASDAQ:BECN) Short Interest Down 8.3% in FebruaryMarch 15, 2023 | finance.yahoo.comBeacon Adds Location to Support Greater Milwaukee ContractorsMarch 13, 2023 | americanbankingnews.comZelman & Associates Downgrades Beacon Roofing Supply (NASDAQ:BECN) to SellMarch 11, 2023 | msn.comZelman & Assoc Downgrades Beacon Roofing Supply (BECN)March 8, 2023 | finance.yahoo.comBeacon Launches Third Annual Campaign Recognizing Female Roofing ProfessionalsMarch 20, 2023 | Weiss Ratings (Ad)Urgent WarningThis was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …February 26, 2023 | seekingalpha.comBeacon Roofing Supply, Inc. (BECN) Q4 2022 Earnings Call TranscriptFebruary 24, 2023 | finance.yahoo.comBeacon's (BECN) Q4 Earnings & Revenues Miss, Margin FallsFebruary 24, 2023 | finance.yahoo.comBuilding Stock Blows Roof Off Chart On Earnings, Share BuybackFebruary 24, 2023 | benzinga.comKratos Defense & Security, Zeta Global, Beacon Roofing Supply And Other Big Stocks Moving Higher On FridayFebruary 23, 2023 | finance.yahoo.comBeacon Roofing Supply (BECN) Lags Q4 Earnings and Revenue EstimatesFebruary 23, 2023 | msn.comBeacon Roofing Supply GAAP EPS of $0.88 misses by $0.11, revenue of $1.97B misses by $30MFebruary 23, 2023 | finance.yahoo.comBeacon Reports Fourth Quarter and Full Year 2022 ResultsFebruary 22, 2023 | benzinga.comEarnings Preview: Beacon Roofing SupplyFebruary 21, 2023 | finance.yahoo.comBeacon Appoints Racquel Harris Mason to Its Board of DirectorsFebruary 17, 2023 | finance.yahoo.comThe 5.1% return this week takes Beacon Roofing Supply's (NASDAQ:BECN) shareholders three-year gains to 86%February 2, 2023 | finance.yahoo.comBeacon to Announce Fourth Quarter and Full Year 2022 Earnings on February 23, 2023January 26, 2023 | finance.yahoo.comEarnings Preview: Beacon Roofing Supply (BECN) Q4 Earnings Expected to DeclineJanuary 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 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 ExteriorsSee 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 Earnings11/18/2021Today3/20/2023Next Earnings (Estimated)5/01/2023Fiscal 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$70.57 High Stock Price Forecast$91.00 Low Stock Price Forecast$54.00 Forecasted Upside/Downside+25.5%Consensus RatingHold Rating Score (0-4)2.11 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$5.56 Trailing P/E Ratio10.11 Forward P/E Ratio9.01 P/E GrowthN/ANet Income$458.40 million Net Margins5.44% Pretax Margin7.35% Return on Equity30.06% Return on Assets8.85% Debt Debt-to-Equity Ratio1.01 Current Ratio2.03 Quick Ratio1.08 Sales & Book Value Annual Sales$8.43 billion Price / Sales0.43 Cash Flow$10.71 per share Price / Cash Flow5.25 Book Value$29.27 per share Price / Book1.92Miscellaneous Outstanding Shares64,250,000Free Float63,643,000Market Cap$3.61 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:GMSFoot LockerNYSE:FLWayfairNYSE:WGAPNYSE:GPSSprouts Farmers MarketNASDAQ:SFMView All CompetitorsInsiders & InstitutionsVoya Investment Management LLCSold 671 shares on 2/28/2023Ownership: 0.031%Parallax Volatility Advisers L.P.Sold 80,000 shares on 2/27/2023Ownership: 0.000%Macquarie Group Ltd.Sold 8,299 shares on 2/21/2023Ownership: 0.284%Equitable Trust Co.Sold 1,925 shares on 2/21/2023Ownership: 0.013%State of WyomingBought 2,473 shares on 2/16/2023Ownership: 0.004%View All Insider TransactionsView All Institutional Transactions 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 twelve months. There are currently 1 sell rating, 6 hold ratings and 2 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 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 predict the company's stock price to reach $70.57 in the next twelve months. This suggests a possible upside of 25.5% 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 beginning of 2023. Since then, BECN stock has increased by 6.5% and is now trading at $56.23. View the best growth stocks for 2023 here. Are investors shorting Beacon Roofing Supply? Beacon Roofing Supply saw a drop in short interest in February. As of February 28th, there was short interest totaling 2,320,000 shares, a drop of 8.3% from the February 13th total of 2,530,000 shares. Based on an average trading volume of 441,200 shares, the days-to-cover ratio is currently 5.3 days. Currently, 4.8% of the shares of the company 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 Monday, May 1st 2023. View our BECN earnings forecast. How were Beacon Roofing Supply's earnings last quarter? Beacon Roofing Supply, Inc. (NASDAQ:BECN) announced its quarterly earnings results on Thursday, November, 18th. The company reported $1.22 earnings per share for the quarter, missing analysts' consensus estimates of $1.54 by $0.32. The firm earned $1.88 billion during the quarter, compared to the consensus estimate of $1.88 billion. Beacon Roofing Supply had a net margin of 5.44% and a trailing twelve-month return on equity of 30.06%. The business's revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period last year, the firm earned $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), Hoya Capital Housing ETF (HOMZ), Qraft AI-Enhanced Next Value ETF (NVQ), First Trust Mid Cap Value AlphaDEX Fund (FNK), iShares U.S. Home Construction ETF (ITB), Carbon Collective Climate Solutions U.S. Equity ETF (CCSO), Fidelity Small-Mid Cap Opportunities ETF (FSMO) 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, February, 24th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $8.60 billion-$8.77 billion, compared to the consensus revenue estimate of $7.33 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 Clayton Dubilier & Rice LLC (23.03%), Dimensional Fund Advisors LP (6.16%), American Century Companies Inc. (5.60%), T. Rowe Price Investment Management Inc. (5.37%), Fiduciary Management Inc. WI (2.70%) and Fuller & Thaler Asset Management Inc. (2.62%). 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 $56.23. How much money does Beacon Roofing Supply make? Beacon Roofing Supply (NASDAQ:BECN) has a market capitalization of $3.61 billion and generates $8.43 billion in revenue each year. The company earns $458.40 million in net income (profit) each year or $5.56 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 3/20/2023 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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