NYSE:IBPInstalled Building Products Stock Price, Forecast & News

Installed Building Products' stock was trading at $49.61 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, IBP stock has increased by 36.3% and is now trading at $67.61. View which stocks have been most impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Installed Building Products in the last year. There are currently 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Installed Building Products.

Installed Building Products is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Installed Building Products.

Installed Building Products Inc (NYSE:IBP) released its quarterly earnings data on Friday, May, 8th. The construction company reported $0.78 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.61 by $0.17. The construction company had revenue of $397.30 million for the quarter, compared to analysts' expectations of $381.87 million. Installed Building Products had a net margin of 4.81% and a return on equity of 45.79%. The business's revenue for the quarter was up 16.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.51 earnings per share. View Installed Building Products' earnings history.

11 Wall Street analysts have issued twelve-month target prices for Installed Building Products' shares. Their forecasts range from $45.00 to $87.00. On average, they expect Installed Building Products' stock price to reach $66.09 in the next twelve months. This suggests that the stock has a possible downside of 2.2%. View analysts' price targets for Installed Building Products.

Media stories about IBP stock have trended very negative this week, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Installed Building Products earned a coverage optimism score of -3.3 on InfoTrie's scale. They also assigned media stories about the construction company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news about Installed Building Products.

Installed Building Products saw a increase in short interest in June. As of June 15th, there was short interest totaling 987,700 shares, an increase of 43.2% from the May 31st total of 689,900 shares. Based on an average daily trading volume, of 324,200 shares, the days-to-cover ratio is currently 3.0 days. Currently, 4.4% of the company's stock are short sold. View Installed Building Products' Current Options Chain.

Some companies that are related to Installed Building Products include Lennar (LEN), Lennar (LEN.B), SEKISUI HOUSE L/S (SKHSY), Fortune Brands Home & Security (FBHS), Xinyuan Real Estate (XIN), Pernix Group (PRXG) and Prospect Global Resources (PGRX). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Installed Building Products investors own include Alibaba Group (BABA), NVIDIA (NVDA), Verizon Communications (VZ), Netflix (NFLX), Paycom Software (PAYC), AbbVie (ABBV), salesforce.com (CRM), Intuitive Surgical (ISRG), Johnson & Johnson (JNJ) and Paypal (PYPL).

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

Shares of IBP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of IBP stock can currently be purchased for approximately $67.61.

Installed Building Products has a market capitalization of $2.01 billion and generates $1.51 billion in revenue each year. The construction company earns $68.16 million in net income (profit) each year or $3.29 on an earnings per share basis. Installed Building Products employs 8,500 workers across the globe.

The official website for Installed Building Products is www.installedbuildingproducts.com.

Installed Building Products' mailing address is 495 SOUTH HIGH STREET SUITE 50, COLUMBUS OH, 43215. The construction company can be reached via phone at 614-221-3399 or via email at [email protected]