Installed Building Products Stock Price, News & Analysis (NYSE:IBP)

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

Installed Building Products announced 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 outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board believes its stock is undervalued.

Installed Building Products Inc (NYSE:IBP) issued its quarterly earnings results on Thursday, August, 8th. The construction company reported $0.87 EPS for the quarter, topping the consensus estimate of $0.84 by $0.03. The construction company had revenue of $371.80 million for the quarter, compared to analyst estimates of $367.03 million. Installed Building Products had a net margin of 4.22% and a return on equity of 43.03%. The company's revenue was up 11.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.78 earnings per share. View Installed Building Products' Earnings History.

Installed Building Products is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for Installed Building Products.

9 analysts have issued 12 month price objectives for Installed Building Products' shares. Their forecasts range from $37.00 to $55.00. On average, they expect Installed Building Products' stock price to reach $46.18 in the next year. This suggests that the stock has a possible downside of 21.1%. View Analyst Price Targets for Installed Building Products.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Installed Building Products in the last year. There are currently 7 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Installed Building Products.

Media stories about IBP stock have trended negative on Monday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Installed Building Products earned a news impact score of -2.6 on InfoTrie's scale. They also gave headlines about the construction company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Installed Building Products.

Installed Building Products saw a drop in short interest in September. As of September 15th, there was short interest totalling 816,500 shares, a drop of 14.0% from the August 15th total of 949,800 shares. Based on an average daily volume of 181,200 shares, the short-interest ratio is presently 4.5 days. Approximately 3.8% of the shares of the 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).

Based on aggregate information from My MarketBeat watchlists, some companies that other Installed Building Products investors own include Alibaba Group (BABA), NVIDIA (NVDA), salesforce.com (CRM), Honda Motor (HMC), Intuitive Surgical (ISRG), Caterpillar (CAT), Johnson & Johnson (JNJ), Paycom Software (PAYC), ABIOMED (ABMD) and Netflix (NFLX).

Installed Building Products' stock is owned by many different of institutional and retail investors. Top institutional investors include Scout Investments Inc. (0.41%) and State of Alaska Department of Revenue (0.05%). Company insiders that own Installed Building Products stock include J Michael Nixon, 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 sold by a variety of institutional investors in the last quarter, including Scout Investments Inc.. Company insiders that have sold Installed Building Products company stock in the last year include Jay P Elliott, Jeffrey W Edwards, Michael H Thomas, Michael Thomas Miller, Vikas Verma and William Jeffrey Hire. View Insider Buying and Selling for Installed Building Products.

IBP stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. 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, Robinhood, Fidelity and Charles Schwab.

One share of IBP stock can currently be purchased for approximately $58.57.

Installed Building Products has a market capitalization of $1.76 billion and generates $1.34 billion in revenue each year. The construction company earns $54.75 million in net income (profit) each year or $2.67 on an earnings per share basis. Installed Building Products employs 7,700 workers across the globe.View Additional Information About Installed Building Products.

The official website for Installed Building Products is http://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]