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 initiated a stock buyback program on Thursday, March 1st 2018, which allows the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company's management believes its stock is undervalued.

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

11 Wall Street analysts have issued twelve-month price targets for Installed Building Products' shares. Their predictions range from $62.00 to $85.00. On average, they expect Installed Building Products' share price to reach $71.3333 in the next twelve months. This suggests a possible upside of 21.2% 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 headlines about IBP stock have been trending somewhat positive this week, according to Accern Sentiment. The research firm scores the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Installed Building Products earned a news impact score of 0.14 on Accern's scale. They also gave news coverage about the construction company an impact score of 47.08 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 a number of 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 purchased 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 $58.85.

Installed Building Products has a market capitalization of $1.82 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]