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, 8 hold ratings and 1 buy rating 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 Wall Street analysts have issued twelve-month target prices for Installed Building Products' shares. Their IBP share price forecasts range from $71.00 to $124.00. On average, they predict the company's stock price to reach $100.90 in the next twelve months. This suggests that the stock has a possible downside of 6.7%.
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Installed Building Products' stock was trading at $85.60 at the beginning of the year. Since then, IBP stock has increased by 26.3% and is now trading at $108.15.
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Installed Building Products saw a decrease in short interest in January. As of January 15th, there was short interest totaling 1,090,000 shares, a decrease of 9.2% from the December 31st total of 1,200,000 shares. Based on an average daily volume of 201,600 shares, the days-to-cover ratio is presently 5.4 days. Approximately 4.7% of the company's shares are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our IBP earnings forecast.

Installed Building Products, Inc. (NYSE:IBP) released its quarterly earnings data on Thursday, November, 3rd. The construction company reported $2.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.32 by $0.19. The construction company earned $719.11 million during the quarter, compared to analyst estimates of $673.95 million. Installed Building Products had a net margin of 7.31% and a trailing twelve-month return on equity of 55.56%.

Installed Building Products announced a quarterly dividend on Thursday, November 3rd. Stockholders 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 1.17%. The ex-dividend date 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 1.17%. 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 17.97% 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 many different retail and institutional investors. Top institutional shareholders include Scout Investments Inc. (0.39%), Wedge Capital Management L L P NC (0.33%), Natixis Advisors L.P. (0.27%), Comerica Bank (0.15%), Yousif Capital Management LLC (0.05%) and Alpha DNA Investment Management LLC (0.05%). 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 $108.15.

Installed Building Products (NYSE:IBP) has a market capitalization of $3.09 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.