Gibraltar Industries - ROCK Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Gibraltar Industries in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" ROCK shares.
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1 equities research analysts have issued twelve-month price objectives for Gibraltar Industries' stock. Their ROCK share price forecasts range from $60.00 to $60.00. On average, they predict the company's share price to reach $60.00 in the next year. This suggests a possible upside of 57.2% from the stock's current price.
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Gibraltar Industries' stock was trading at $66.68 on January 1st, 2022. Since then, ROCK shares have decreased by 42.7% and is now trading at $38.18.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
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Gibraltar Industries, Inc. (NASDAQ:ROCK) issued its quarterly earnings results on Wednesday, August, 3rd. The construction company reported $0.96 earnings per share for the quarter, topping analysts' consensus estimates of $0.83 by $0.13. The construction company earned $366.90 million during the quarter, compared to analysts' expectations of $364.43 million. Gibraltar Industries had a trailing twelve-month return on equity of 12.07% and a net margin of 5.88%. Gibraltar Industries's revenue was up 5.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.80 earnings per share.

Gibraltar Industries updated its FY 2022 earnings guidance on Wednesday, August, 10th. The company provided earnings per share guidance of $3.20-$3.40 for the period, compared to the consensus estimate of $3.29. The company issued revenue guidance of $1.38 billion-$1.43 billion, compared to the consensus revenue estimate of $1.42 billion.

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.

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).

Gibraltar Industries trades on the NASDAQ under the ticker symbol "ROCK."

Gibraltar Industries' stock is owned by many different retail and institutional investors. Top institutional investors include Price T Rowe Associates Inc. MD (7.15%), Victory Capital Management Inc. (4.09%), State Street Corp (3.97%), Federated Hermes Inc. (1.38%), Northern Trust Corp (1.19%) and Allspring Global Investments Holdings LLC (1.09%). Insiders that own company stock include Jeffrey J Watorek, Linda Kristine Myers and Patrick Burns.
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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.
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One share of ROCK stock can currently be purchased for approximately $38.18.

Gibraltar Industries (NASDAQ:ROCK) has a market capitalization of $1.21 billion and generates $1.34 billion in revenue each year. The construction company earns $75.63 million in net income (profit) each year or $2.48 on an earnings per share basis.

The company employs 2,021 workers across the globe.

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.