NYSE:IBPInstalled Building Products Stock Price, Forecast & News

Installed Building Products' stock was trading at $49.61 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, IBP shares have increased by 42.1% and is now trading at $70.48. 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) issued its quarterly earnings data on Friday, May, 8th. The construction company reported $0.78 EPS for the quarter, topping the Zacks' 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 return on equity of 45.79% and a net margin of 4.81%. The company's quarterly revenue 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 equities research analysts have issued 1-year target prices for Installed Building Products' stock. Their forecasts range from $45.00 to $87.00. On average, they anticipate Installed Building Products' share price to reach $67.91 in the next year. This suggests that the stock has a possible downside of 3.6%. View analysts' price targets for Installed Building Products.

News coverage about IBP stock has been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Installed Building Products earned a daily sentiment score of -1.8 on InfoTrie's scale. They also gave news coverage about the construction company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news about Installed Building Products.

Installed Building Products saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 893,400 shares, a decline of 9.5% from the June 15th total of 987,700 shares. Based on an average daily volume of 285,700 shares, the days-to-cover ratio is currently 3.1 days. Approximately 3.9% of the shares of the company 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."

Installed Building Products' stock is owned by many different institutional and retail investors. Top institutional shareholders include Diversified Trust Co (0.01%). Company insiders that own Installed Building Products stock include Jay P Elliott, Jeffrey W Edwards, Michael H Thomas, Michael Thomas Miller, Vikas Verma and William Jeffrey Hire. View institutional ownership trends for Installed Building Products.

IBP stock was bought by a variety of institutional investors in the last quarter, including Diversified Trust Co. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of IBP stock can currently be purchased for approximately $70.48.

Installed Building Products has a market capitalization of $2.10 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]