Beacon Roofing Supply Stock Forecast, Price & News

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Beacon Roofing Supply in the last year. There are currently 5 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Beacon Roofing Supply stock.
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Beacon Roofing Supply is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for Beacon Roofing Supply.

Beacon Roofing Supply will be holding an earnings conference call on Thursday, August 5th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

Beacon Roofing Supply, Inc. (NASDAQ:BECN) released its quarterly earnings results on Thursday, May, 6th. The company reported $0.23 EPS for the quarter, topping analysts' consensus estimates of $0.01 by $0.22. The firm earned $1.32 billion during the quarter, compared to analyst estimates of $1.32 billion. Beacon Roofing Supply had a positive trailing twelve-month return on equity of 16.33% and a negative net margin of 2.41%.
View Beacon Roofing Supply's earnings history.

Beacon Roofing Supply's stock was trading at $21.54 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, BECN shares have increased by 148.3% and is now trading at $53.48.
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Beacon Roofing Supply updated its second quarter 2021 earnings guidance on Tuesday, May, 4th. The company provided earnings per share (EPS) guidance of - for the period. The company issued revenue guidance of $1.31 billion-$1.32 billion, compared to the consensus revenue estimate of $1.31 billion.

12 Wall Street analysts have issued 1 year target prices for Beacon Roofing Supply's stock. Their forecasts range from $36.00 to $68.00. On average, they anticipate Beacon Roofing Supply's share price to reach $57.00 in the next year. This suggests a possible upside of 6.6% from the stock's current price.
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4 employees have rated Beacon Roofing Supply CEO Julian G. Francis on Glassdoor.com. Julian G. Francis has an approval rating of 27% among Beacon Roofing Supply's employees. This puts Julian G. Francis in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Beacon Roofing Supply include Fastenal (FAST), United Rentals (URI), W.W. Grainger (GWW), Watsco (WSO), WESCO International (WCC), MSC Industrial Direct (MSM), Air Lease (AL), Applied Industrial Technologies (AIT), GATX (GATX), Rush Enterprises (RUSHA), Textainer Group (TGH), Kaman (KAMN), H&E Equipment Services (HEES), MRC Global (MRC) and Titan Machinery (TITN).
View all of BECN's competitors.

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), The Home Depot (HD), Raytheon Technologies (RTX), The Procter & Gamble (PG), Abbott Laboratories (ABT), Adobe (ADBE), Activision Blizzard (ATVI) and General Electric (GE).

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

Beacon Roofing Supply's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Fisher Asset Management LLC (2.02%), Granite Investment Partners LLC (0.72%), Hillsdale Investment Management Inc. (0.15%), Private Management Group Inc. (0.12%), Alliancebernstein L.P. (0.10%) and Zurcher Kantonalbank Zurich Cantonalbank (0.01%). Company insiders that own Beacon Roofing Supply stock include C Eric Swank, Cd&R Investment Associates Ix,, Christopher Anthony Harrison, Christopher Carl Nelson, Clement Munroe Best III, Jason L Taylor, Richard W Frost and Stuart A Randle.
View institutional ownership trends for Beacon Roofing Supply.

BECN stock was sold by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Alliancebernstein L.P., Hillsdale Investment Management Inc., Cutler Group LP, Huntington National Bank, Private Management Group Inc., and Zurcher Kantonalbank Zurich Cantonalbank . Company insiders that have sold Beacon Roofing Supply company stock in the last year include C Eric Swank, Christopher Anthony Harrison, Christopher Carl Nelson, Clement Munroe Best III, and Jason L Taylor.
View insider buying and selling activity for Beacon Roofing Supply or view top insider-selling stocks.

BECN stock was purchased by a variety of institutional investors in the last quarter, including Granite Investment Partners LLC, and Convergence Investment Partners LLC. Company insiders that have bought Beacon Roofing Supply stock in the last two years include Cd&R Investment Associates Ix,, Christopher Anthony Harrison, and Richard W Frost.
View insider buying and selling activity for Beacon Roofing Supply or or view top insider-buying stocks.

Shares of BECN 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.
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One share of BECN stock can currently be purchased for approximately $53.48.

Beacon Roofing Supply has a market capitalization of $3.74 billion and generates $6.94 billion in revenue each year. The company earns $-80,900,000.00 in net income (profit) each year or $2.42 on an earnings per share basis.

Beacon Roofing Supply employs 7,582 workers across the globe.

The official website for Beacon Roofing Supply is www.beaconroofingsupply.com.

Beacon Roofing Supply is headquartered at 505 Huntmar Park Drive Suite 300, Herndon VA, 20170.

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]