NYSE:IBP - Installed Building Products Stock Price, Price Target & More

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

Installed Building Products declared that its board has approved a stock buyback plan on Thursday, March 1st 2018, which permits the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company's board believes its shares are undervalued.

Installed Building Products Inc (NYSE:IBP) posted its quarterly earnings data on Thursday, May, 3rd. The construction company reported $0.45 earnings per share for the quarter, hitting analysts' consensus estimates of $0.45. The construction company had revenue of $301.72 million for the quarter, compared to analysts' expectations of $297.14 million. Installed Building Products had a return on equity of 19.09% and a net margin of 3.49%. The firm's revenue was up 18.0% on a year-over-year basis. During the same period last year, the firm posted $0.35 EPS. View Installed Building Products' Earnings History.

11 analysts have issued 12 month target prices for Installed Building Products' stock. Their forecasts range from $62.00 to $85.00. On average, they anticipate Installed Building Products' stock price to reach $71.3333 in the next twelve months. This suggests a possible upside of 22.3% from the stock's current price. View Analyst Ratings for Installed Building Products.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Installed Building Products in the last year. There are currently 2 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Installed Building Products include MRV ENGENHARIA/S (MRVNY), Xinyuan Real Estate (XIN), Gafisa (GFA), Pernix Group (PRXG) and Prospect Global Resources (PGRX).

News coverage about IBP stock has trended somewhat negative recently, according to Accern. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Installed Building Products earned a news impact score of -0.05 on Accern's scale. They also assigned news headlines about the construction company an impact score of 43.98 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Installed Building Products' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Fisher Asset Management LLC (0.21%), Radnor Capital Management LLC (0.02%), Municipal Employees Retirement System of Michigan (0.02%), Xact Kapitalforvaltning AB (0.01%), New England Research & Management Inc. (0.01%) and Amalgamated Bank (0.01%). Company insiders that own Installed Building Products stock include J Michael Nixon, Jay P Elliott, Jeffrey W Edwards, Margot Lebenberg Carter, Michael Thomas Miller, Todd R Fry and Vikas Verma. View Institutional Ownership Trends for Installed Building Products.

IBP stock was sold by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Municipal Employees Retirement System of Michigan and Radnor Capital Management LLC. Company insiders that have sold Installed Building Products company stock in the last year include J Michael Nixon, Jay P Elliott, Jeffrey W Edwards, Margot Lebenberg Carter, Michael Thomas Miller and Todd R Fry. View Insider Buying and Selling for Installed Building Products.

IBP stock was bought by a variety of institutional investors in the last quarter, including Xact Kapitalforvaltning AB, New England Research & Management Inc. and Amalgamated Bank. View Insider Buying and Selling for Installed Building Products.

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, Scottrade, Fidelity and Charles Schwab.

One share of IBP stock can currently be purchased for approximately $58.35.

Installed Building Products has a market capitalization of $1.88 billion and generates $1.13 billion in revenue each year. The construction company earns $41.14 million in net income (profit) each year or $1.19 on an earnings per share basis. Installed Building Products employs 6,900 workers across the globe.

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]