Installed Building Products Stock Price, News & Analysis (NYSE:IBP)

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Installed Building Products in the last twelve months. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" IBP shares.
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10 equities research analysts have issued 12-month price targets for Installed Building Products' shares. Their IBP share price targets range from $124.00 to $178.00. On average, they predict the company's share price to reach $156.33 in the next year. This suggests a possible upside of 1.8% from the stock's current price.
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Installed Building Products' stock was trading at $85.60 at the beginning of the year. Since then, IBP shares have increased by 79.5% and is now trading at $153.64.
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Installed Building Products saw a drop in short interest in October. As of October 31st, there was short interest totaling 1,170,000 shares, a drop of 10.0% from the October 15th total of 1,300,000 shares. Based on an average daily trading volume, of 228,300 shares, the short-interest ratio is currently 5.1 days. Currently, 5.0% of the shares of the stock are sold short.
View Installed Building Products' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024.
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Installed Building Products, Inc. (NYSE:IBP) issued its earnings results on Wednesday, November, 8th. The construction company reported $2.70 EPS for the quarter, topping the consensus estimate of $2.33 by $0.37. The construction company earned $706.47 million during the quarter, compared to the consensus estimate of $718.21 million. Installed Building Products had a net margin of 9.02% and a trailing twelve-month return on equity of 49.76%.

Installed Building Products announced a quarterly dividend on Wednesday, November 8th. Stockholders of record on Friday, December 15th will be given a dividend of $0.33 per share on Sunday, December 31st. This represents a $1.32 annualized dividend and a dividend yield of 0.86%. The ex-dividend date is Thursday, December 14th.
Read our dividend analysis for IBP.

Installed Building Products (NYSE:IBP) pays an annual dividend of $1.32 per share and currently has a dividend yield of 0.86%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 15.10%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IBP will have a dividend payout ratio of 12.61% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for IBP.

ETFs with the largest weight of Installed Building Products (NYSE:IBP) stock in their portfolio include Invesco Building & Construction ETF (PKB), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), Invesco S&P SmallCap Quality ETF (XSHQ), iShares U.S. Home Construction ETF (ITB), Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ), SPDR S&P Homebuilders ETF (XHB), Hoya Capital Housing ETF (HOMZ) and First Trust Multi-Manager Small Cap Opportunities ETF (MMSC).

15 employees have rated Installed Building Products Chief Executive Officer Jeff Edwards on Glassdoor.com. Jeff Edwards has an approval rating of 79% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Installed Building Products investors own include Alibaba Group (BABA), NVIDIA (NVDA), Walt Disney (DIS), Johnson & Johnson (JNJ), Verizon Communications (VZ), Salesforce (CRM), Intuitive Surgical (ISRG), JPMorgan Chase & Co. (JPM), Paycom Software (PAYC) and PayPal (PYPL).

Installed Building Products' stock is owned by many different retail and institutional investors. Top institutional investors include Fuller & Thaler Asset Management Inc. (2.31%), Van Berkom & Associates Inc. (1.76%), Giverny Capital Inc. (1.52%), Vaughan Nelson Investment Management L.P. (1.28%), Invesco Ltd. (1.27%) and Loomis Sayles & Co. L P (1.26%). Insiders that own company stock include Janet E Jackson, Jason R Niswonger, Jay P Elliott, Jeffrey W Edwards, Jeffrey W Edwards, Lawrence A Hilsheimer, Margot Lebenberg Carter, Michael H Thomas, Michael Thomas Miller, Todd R Fry and Todd R Fry.
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Shares of IBP 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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