NASDAQ:BECN - Beacon Roofing Supply Stock Price, Price Target & More

Beacon Roofing Supply trades on the NASDAQ under the ticker symbol "BECN."

Beacon Roofing Supply, Inc. (NASDAQ:BECN) posted its quarterly earnings data on Tuesday, May, 8th. The company reported ($0.35) earnings per share for the quarter, missing the consensus estimate of ($0.09) by $0.26. The company earned $1.43 billion during the quarter, compared to the consensus estimate of $1.41 billion. Beacon Roofing Supply had a return on equity of 8.11% and a net margin of 1.80%. The business's revenue for the quarter was up 64.1% on a year-over-year basis. During the same quarter last year, the firm earned ($0.04) EPS. View Beacon Roofing Supply's Earnings History.

Beacon Roofing Supply is scheduled to release their next quarterly earnings announcement on Tuesday, July, 31st 2018. View Earnings Estimates for Beacon Roofing Supply.

10 brokerages have issued 1-year price objectives for Beacon Roofing Supply's stock. Their predictions range from $53.00 to $73.00. On average, they expect Beacon Roofing Supply's stock price to reach $62.5556 in the next twelve months. View Analyst Ratings for Beacon Roofing Supply.

Beacon Roofing Supply saw a increase in short interest in May. As of May 31st, there was short interest totalling 3,739,489 shares, an increase of 62.7% from the May 15th total of 2,298,552 shares. Based on an average trading volume of 1,315,106 shares, the days-to-cover ratio is presently 2.8 days. Approximately 5.5% of the company's stock are sold short. View Beacon Roofing Supply's Current Options Chain.

Some companies that are related to Beacon Roofing Supply include Boise Cascade (BCC), GMS (GMS), Foundation Building Materials (FBM), Huttig Building Products (HBP) and Aspen Aerogels (ASPN).

News headlines about BECN stock have trended somewhat positive on Friday, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Beacon Roofing Supply earned a coverage optimism score of 0.01 on Accern's scale. They also assigned press coverage about the company an impact score of 46.02 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

Beacon Roofing Supply's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.29%), Frontier Capital Management Co. LLC (4.40%), Dimensional Fund Advisors LP (3.73%), Fisher Asset Management LLC (2.62%), Lord Abbett & CO. LLC (2.46%) and Bamco Inc. NY (1.45%). Company insiders that own Beacon Roofing Supply stock include Carl T Berquist, Joseph M Nowicki, Paul Isabella, Richard W Frost, Robert M Mclaughlin, Robert R Buck and Ross D Cooper. View Institutional Ownership Trends for Beacon Roofing Supply.

BECN stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Lord Abbett & CO. LLC, Sei Investments Co., Bamco Inc. NY, Oak Ridge Investments LLC, Hood River Capital Management LLC, Stephens Investment Management Group LLC and Franklin Resources Inc.. Company insiders that have sold Beacon Roofing Supply company stock in the last year include Paul Isabella and Ross D Cooper. View Insider Buying and Selling for Beacon Roofing Supply.

BECN stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Baird Financial Group Inc., Wells Fargo & Company MN, Monarch Partners Asset Management LLC, Schwab Charles Investment Management Inc., Fisher Asset Management LLC, Impax Asset Management LLC and Cortina Asset Management LLC. Company insiders that have bought Beacon Roofing Supply stock in the last two years include Carl T Berquist, Joseph M Nowicki, Richard W Frost and Robert M Mclaughlin. View Insider Buying and Selling for Beacon Roofing Supply.

Shares of BECN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of BECN stock can currently be purchased for approximately $44.97.

Beacon Roofing Supply has a market capitalization of $3.12 billion and generates $4.38 billion in revenue each year. The company earns $100.86 million in net income (profit) each year or $2.18 on an earnings per share basis. Beacon Roofing Supply employs 5,406 workers across the globe.

Beacon Roofing Supply's mailing address is 505 Huntmar Park Drive Suite 300, Herndon VA, 20170. The company can be reached via phone at 571-323-3939 or via email at [email protected]