NASDAQ:ROCK

Gibraltar Industries (ROCK) Stock Forecast, Price & News

$58.62

-1.29 (-2.15%)

(As of 06/9/2023 ET)

Compare

Today's Range: $58.25
▼
$59.64
50-Day Range: $46.41
▼
$60.30
52-Week Range: $36.58
▼
$60.54

Volume: 129,620 shs
Average Volume: 156,489 shs
Market Capitalization: $1.78 billion

P/E Ratio: 21.16
Dividend Yield: N/A
Price Target: $59.00

Gibraltar Industries MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 0.7% Upside
$59.00 Price Target
Short Interest: Healthy
1.21% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.61
Based on 3 Articles This Week
Insider Trading: Selling Shares
$281,352 Sold Last Quarter
Proj. Earnings Growth: 21.35%
From $3.56 to $4.32 Per Share

Overall MarketRank^™

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

1.95 out of 5 stars

Construction Sector

58th out of 103 stocks

Steel Works, Blast Furnaces, & Rolling & Finishing Mills Industry

3rd out of 6 stocks

1.5

Analyst's Opinion

Consensus Rating
Gibraltar Industries has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $59.00, Gibraltar Industries has a forecasted upside of 0.7% from its current price of $58.60.
Amount of Analyst Coverage
Gibraltar Industries has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.21% of the float of Gibraltar Industries has been sold short.
Short Interest Ratio / Days to Cover
Gibraltar Industries has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Gibraltar Industries has recently increased by 6.11%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Gibraltar Industries does not currently pay a dividend.
Dividend Growth
Gibraltar Industries does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ROCK.

2.6

News and Social Media Coverage

News Sentiment
Gibraltar Industries has a news sentiment score of 0.61. 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 Construction companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Gibraltar Industries this week, compared to 2 articles on an average week.
Search Interest
Only 3 people have searched for ROCK on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
MarketBeat Follows
2 people have added Gibraltar Industries to their MarketBeat watchlist in the last 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Gibraltar Industries insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $281,352.00 in company stock.
Percentage Held by Insiders
Only 0.50% of the stock of Gibraltar Industries is held by insiders.
Percentage Held by Institutions
98.18% of the stock of Gibraltar Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Gibraltar Industries are expected to grow by 21.35% in the coming year, from $3.56 to $4.32 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Gibraltar Industries is 21.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.77.
Price to Earnings Ratio vs. Sector
The P/E ratio of Gibraltar Industries is 21.16, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 12.55.
Price to Book Value per Share Ratio
Gibraltar Industries has a P/B Ratio of 2.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Gibraltar Industries (NASDAQ:ROCK) Stock

Gibraltar Industries, Inc. engages in the manufacture and provision of products and services for the renewable energy, residential, and infrastructure markets. It operates through the following segments: Residential, Infrastructure, Renewable and Agtech. The Residential segment includes roof and foundation ventilation products, rain dispersion products and roofing accessories, centralized mail systems, and electronic package solutions. The Infrastructure segment provides engineered solutions for bridges, highways & airfields, including structural bearings, expansion joints, pavement seals, elastomeric concrete, and bridge cable protection systems. The Renewable segment focuses on the designing, engineering, manufacturing, and installation of solar racking and the electrical balance of systems and greenhouse structures. The Agtech segment provides growing and processing solutions including the designing, engineering, manufacturing, full scope construction, and maintenance & support of greenhouses, indoor growing operations, and botanical extraction systems. The company was founded on September 1, 1972 and is headquartered in Buffalo, NY.

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ROCK Stock News Headlines

June 8, 2023 | americanbankingnews.com

Gibraltar Industries (NASDAQ:ROCK) Sets New 12-Month High at $58.02

June 5, 2023 | morningstar.com

Gibraltar Industries Inc ROCK Stock Quote

June 9, 2023 | Behind the Markets (Ad)

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June 2, 2023 | finance.yahoo.com

Why Is Gibraltar Industries (ROCK) Up 0.5% Since Last Earnings Report?

May 27, 2023 | americanbankingnews.com

Gibraltar Industries, Inc. (NASDAQ:ROCK) Director Sells $281,352.47 in Stock

May 25, 2023 | finance.yahoo.com

Gibraltar to Present at KeyBanc Capital Markets 23rd Annual Industrials & Basic Materials Conference

May 22, 2023 | finance.yahoo.com

Gibraltar Industries, Inc. (ROCK) Hits Fresh High: Is There Still Room to Run?

May 22, 2023 | americanbankingnews.com

StockNews.com Initiates Coverage on Gibraltar Industries (NASDAQ:ROCK)

June 9, 2023 | Behind the Markets (Ad)

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May 18, 2023 | finance.yahoo.com

What Makes Gibraltar Industries (ROCK) a Good Fit for 'Trend Investing'

May 13, 2023 | americanbankingnews.com

Q2 2023 Earnings Estimate for Gibraltar Industries, Inc. (NASDAQ:ROCK) Issued By Seaport Res Ptn

May 11, 2023 | msn.com

Gibraltar Industries Earnings Perspective: Return On Invested Capital

May 10, 2023 | americanbankingnews.com

Gibraltar Industries, Inc. Expected to Post Q3 2023 Earnings of $1.11 Per Share (NASDAQ:ROCK)

May 5, 2023 | americanbankingnews.com

Gibraltar Industries (NASDAQ:ROCK) Shares Up 8.5% on Better-Than-Expected Earnings

May 4, 2023 | finance.yahoo.com

Q1 2023 Gibraltar Industries Inc Earnings Call

May 3, 2023 | finance.yahoo.com

Gibraltar Industries (ROCK) Tops Q1 Earnings and Revenue Estimates

May 3, 2023 | markets.businessinsider.com

Gibraltar Industries Q1 Adj. EPS Tops Estimates; Reiterates FY23 Outlook

May 3, 2023 | finance.yahoo.com

Gibraltar Announces First Quarter 2023 Financial Results

May 2, 2023 | finance.yahoo.com

Should Weakness in Gibraltar Industries, Inc.'s (NASDAQ:ROCK) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?

April 26, 2023 | americanbankingnews.com

Gibraltar Industries (ROCK) Scheduled to Post Earnings on Wednesday

April 25, 2023 | finance.yahoo.com

Is Gibraltar Industries (ROCK) Stock Undervalued Right Now?

April 20, 2023 | thestreet.com

See How Gibraltar Industries Ranks Among Analysts' Top Metals Picks

April 19, 2023 | finance.yahoo.com

Gibraltar to Announce First Quarter 2023 Financial Results on May 3

April 13, 2023 | finance.yahoo.com

Here's Why Gibraltar Industries (ROCK) is a Strong Growth Stock

March 24, 2023 | nasdaq.com

Gibraltar Industries (ROCK) Down 12.2% Since Last Earnings Report: Can It Rebound?

March 22, 2023 | finance.yahoo.com

Gibraltar to Present at Sidoti Small-Cap Conference

March 21, 2023 | finance.yahoo.com

Gibraltar Industries' (NASDAQ:ROCK) Returns Have Hit A Wall

See More Headlines

ROCK Price History

30 days | 90 days | 365 days | Advanced Chart

ROCK Company Calendar

Last Earnings: 5/03/2023
Today: 6/09/2023
Next Earnings (Estimated): 8/02/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Steel works, blast furnaces, & rolling & finishing mills
Sub-Industry: Building Products
Sector: Construction
Current Symbol: NASDAQ:ROCK
CUSIP: 37468910
CIK: 912562
Web: www.gibraltar1.com
Phone: (716) 826-6500
Fax: 716-826-1592
Employees: 2,137
Year Founded: 1993

Price Target and Rating

Average Stock Price Forecast: $59.00
High Stock Price Forecast: $59.00
Low Stock Price Forecast: $59.00
Forecasted Upside/Downside: +1.1%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.77
Trailing P/E Ratio: 21.07
Forward P/E Ratio: 16.39
P/E Growth: N/A
Net Income: $82.41 million
Net Margins: 6.45%
Pretax Margin: 8.73%
Return on Equity: 13.43%
Return on Assets: 8.84%

Debt

Debt-to-Equity Ratio: 0.06
Current Ratio: 1.79
Quick Ratio: 1.07

Sales & Book Value

Annual Sales: $1.39 billion
Price / Sales: 1.28
Cash Flow: $4.23 per share
Price / Cash Flow: 13.78
Book Value: $26.54 per share
Price / Book: 2.20

Miscellaneous

Outstanding Shares: 30,410,000
Free Float: 30,259,000
Market Cap: $1.77 billion
Optionable: Optionable
Beta: 1.14

Social Links

Key Executives

William T. Bosway
Chairman. President & Chief Executive Officer

Timothy F. Murphy
Chief Financial Officer & Senior Vice President

Christopher Lok
Chief Digital Information Officer

Jeffrey J. Watorek
Treasurer & Vice President

Lori A. Rizzo
Vice President & Controller

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ROCK Stock - Frequently Asked Questions

Should I buy or sell Gibraltar Industries stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gibraltar Industries in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ROCK shares.
View ROCK analyst ratings or view top-rated stocks.
What is Gibraltar Industries' stock price forecast for 2023?: 2 Wall Street analysts have issued 1 year target prices for Gibraltar Industries' shares. Their ROCK share price forecasts range from $59.00 to $59.00. On average, they anticipate the company's share price to reach $59.00 in the next twelve months. This suggests a possible upside of 1.1% from the stock's current price.
View analysts price targets for ROCK or view top-rated stocks among Wall Street analysts.
How have ROCK shares performed in 2023?: Gibraltar Industries' stock was trading at $45.88 at the start of the year. Since then, ROCK stock has increased by 27.2% and is now trading at $58.35.
View the best growth stocks for 2023 here.
When is Gibraltar Industries' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our ROCK earnings forecast.
How were Gibraltar Industries' earnings last quarter?: Gibraltar Industries, Inc. (NASDAQ:ROCK) released its quarterly earnings data on Wednesday, May, 3rd. The construction company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.08. The construction company earned $293.27 million during the quarter, compared to analyst estimates of $298.90 million. Gibraltar Industries had a net margin of 6.45% and a trailing twelve-month return on equity of 13.43%. The business's revenue was down 7.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.60 earnings per share.
What ETFs hold Gibraltar Industries' stock?: ETFs with the largest weight of Gibraltar Industries (NASDAQ:ROCK) stock in their portfolio include Gabelli Love Our Planet & People ETF (LOPP), VanEck Steel ETF (SLX), Invesco S&P SmallCap Industrials ETF (PSCI), iShares U.S. Infrastructure ETF (IFRA), iShares S&P Small-Cap 600 Value ETF (IJS), Principal U.S. Small-Cap Adaptive Multi-Factor ETF (PLTL), SPDR S&P 600 Small CapValue ETF (SLYV) and Vanguard S&P Small-Cap 600 Value ETF (VIOV).
What guidance has Gibraltar Industries issued on next quarter's earnings?: Gibraltar Industries updated its FY 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share guidance of $3.46-$3.66 for the period, compared to the consensus earnings per share estimate of $3.56. The company issued revenue guidance of $1.36 billion-$1.41 billion, compared to the consensus revenue estimate of $1.39 billion.
What is Frank Heard's approval rating as Gibraltar Industries' CEO?: 4 employees have rated Gibraltar Industries Chief Executive Officer Frank Heard on Glassdoor.com. Frank Heard has an approval rating of 100% among the company's employees. This puts Frank Heard in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Gibraltar Industries own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Gibraltar Industries investors own include Danaher (DHR), Bristol-Myers Squibb (BMY), AbbVie (ABBV), Intel (INTC), Micron Technology (MU), Verizon Communications (VZ), Cisco Systems (CSCO), KLA (KLAC), AT&T (T) and Advanced Micro Devices (AMD).
What is Gibraltar Industries' stock symbol?: Gibraltar Industries trades on the NASDAQ under the ticker symbol "ROCK."
Who are Gibraltar Industries' major shareholders?: Gibraltar Industries' stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (17.57%), Victory Capital Management Inc. (6.57%), Dimensional Fund Advisors LP (6.08%), State Street Corp (4.08%), Silvercrest Asset Management Group LLC (4.06%) and Barrow Hanley Mewhinney & Strauss LLC (3.65%). Insiders that own company stock include James B Nish, Jeffrey J Watorek, Linda Kristine Myers and Patrick Burns.
View institutional ownership trends.
How do I buy shares of Gibraltar Industries?: Shares of ROCK 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 Gibraltar Industries' stock price today?: One share of ROCK stock can currently be purchased for approximately $58.35.
How much money does Gibraltar Industries make?: Gibraltar Industries (NASDAQ:ROCK) has a market capitalization of $1.77 billion and generates $1.39 billion in revenue each year. The construction company earns $82.41 million in net income (profit) each year or $2.77 on an earnings per share basis.
How many employees does Gibraltar Industries have?: The company employs 2,137 workers across the globe.
Does Gibraltar Industries have any subsidiaries?: The following companies are subsidiares of Gibraltar Industries: Air Vent, Air Vent Inc., Alabama Metal Industries Corporation, American Wilcon Plastics Inc., Apeks LLC, Appleton Supply Co. Inc., Appleton Supply Company Inc., Architectural Mailboxes, Architectural Mailboxes LLC, Construction Metals Inc., Covert Operations Inc., D.S. Brown, D.S. Brown Company, D.S.B. Holding Corp., Delta Separations, Dramex Corporation, Florence Corp., Florence Corporation, Florence Corporation of Kansas, Gibraltar Industries Holding Company (UK) Limited, Gibraltar Steel Corporation of New York, Harbor, Hi-Temp, Home Impressions Inc., Hughes, K&W Metal Fabricators Inc., Milcor Inc., Nexus Corp, Noll Manufacturing Company, Noll/Norwesco LLC, Pacific Award Metals Inc., Pacific Awards Metals Inc., Package Concierge, Package Concierge Inc., Pennsylvania Industrial Heat Treating Inc., Portals Plus Incorporated, Prospiant Inc., RBI Solar Inc., RBI Solar KK, Renown Specialties Company Ltd., Renusol America Inc., Renusol Gmbh, Rough Brothers, Rough Brothers Greenhouse Manufacturing (Shanghai) Co. Ltd, Rough Brothers Holding Co. Inc., Rough Brothers Manufacturing Inc., SCM Metal Products Inc., Solar Group, Solar Group Inc., SolarBOS, SolarBOS Inc., Sorst Streckmetall GmbH, Southeastern Metals Manufacturing Company, Southeastern Metals Manufacturing Company Inc., Sunfig Corpotation, TerraSmart LLC, TerraSmart LLC, The Expanded Metal Company Limited, Thermo Energy Solutions Inc., Thermo Energy Systems, United Steel Products Company, and Wm. R. Hubbell Steel Company.
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How can I contact Gibraltar Industries?: Gibraltar Industries' mailing address is 3556 LAKE SHORE ROAD P O BOX 2028, BUFFALO NY, 14219. The official website for the company is www.gibraltar1.com. The construction company can be reached via phone at (716) 826-6500, via email at tfmurphy@gibraltar1.com, or via fax at 716-826-1592.

This page (NASDAQ:ROCK) was last updated on 6/9/2023 by MarketBeat.com Staff

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