Installed Building Products - IBP Stock Forecast, Price & News

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Installed Building Products in the last year. There are currently 1 sell rating and 9 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" IBP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IBP, but not buy additional shares or sell existing shares.
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10 analysts have issued twelve-month price targets for Installed Building Products' stock. Their IBP share price forecasts range from $71.00 to $110.00. On average, they predict the company's stock price to reach $97.50 in the next twelve months. This suggests a possible upside of 11.5% from the stock's current price.
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Installed Building Products' stock was trading at $139.72 at the start of the year. Since then, IBP stock has decreased by 37.4% and is now trading at $87.43.
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Installed Building Products saw a increase in short interest in November. As of November 15th, there was short interest totaling 1,100,000 shares, an increase of 12.3% from the October 31st total of 979,900 shares. Based on an average trading volume of 160,800 shares, the short-interest ratio is currently 6.8 days. Approximately 4.7% of the shares of the stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
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Installed Building Products, Inc. (NYSE:IBP) issued its quarterly earnings results on Thursday, November, 4th. The construction company reported $1.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.63 by $0.14. The construction company had revenue of $509.76 million for the quarter, compared to the consensus estimate of $512.13 million. Installed Building Products had a trailing twelve-month return on equity of 55.56% and a net margin of 7.31%. Installed Building Products's revenue was up 21.2% compared to the same quarter last year. During the same period in the prior year, the company earned $1.21 earnings per share.

Installed Building Products declared a quarterly dividend on Thursday, November 3rd. Investors of record on Thursday, December 15th will be paid a dividend of $0.315 per share on Saturday, December 31st. This represents a $1.26 dividend on an annualized basis and a yield of 1.44%. The ex-dividend date of this dividend is Wednesday, December 14th.
Read our dividend analysis for IBP.

Installed Building Products (NYSE:IBP) pays an annual dividend of $1.26 per share and currently has a dividend yield of 1.43%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 19.91%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IBP will have a dividend payout ratio of 16.54% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for IBP.

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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "IBP."

Installed Building Products' stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.59%), Vanguard Group Inc. (8.80%), State Street Corp (2.97%), Dimensional Fund Advisors LP (2.60%), Vaughan Nelson Investment Management L.P. (1.53%) and Pembroke Management LTD (1.12%). Insiders that own company stock include Janet E Jackson, Jason R Niswonger, Jay P Elliott, Jeffrey W Edwards, Jeffrey W Edwards, Lawrence A Hilsheimer, Michael H Thomas, Michael Thomas Miller, Todd R Fry, Todd R Fry, Vikas Verma and William Jeffrey Hire.
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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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One share of IBP stock can currently be purchased for approximately $87.43.

Installed Building Products (NYSE:IBP) has a market capitalization of $2.50 billion and generates $1.97 billion in revenue each year. The construction company earns $118.76 million in net income (profit) each year or $6.33 on an earnings per share basis.

The company employs 9,500 workers across the globe.

Installed Building Products' mailing address is 495 SOUTH HIGH STREET SUITE 50, COLUMBUS OH, 43215. The official website for the company is www.installedbuildingproducts.com. The construction company can be reached via phone at (614) 221-3399, via email at investorrelations@installed.ne, or via fax at 614-221-3389.