NYSE:IBPInstalled Building Products Stock Price, Forecast & News

Installed Building Products' stock was trading at $49.61 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, IBP stock has increased by 40.2% and is now trading at $69.55. 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) posted its quarterly earnings data on Friday, May, 8th. The construction company reported $0.78 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.61 by $0.17. The construction company earned $397.30 million during the quarter, compared to the consensus estimate of $381.87 million. Installed Building Products had a return on equity of 45.79% and a net margin of 4.81%. The business's revenue for the quarter was up 16.1% on a year-over-year basis. During the same quarter last year, the business earned $0.51 EPS. View Installed Building Products' earnings history.

11 Wall Street analysts have issued 12 month price targets for Installed Building Products' shares. Their forecasts range from $45.00 to $87.00. On average, they expect Installed Building Products' stock price to reach $67.91 in the next twelve months. This suggests that the stock has a possible downside of 2.4%. View analysts' price targets for Installed Building Products.

Headlines about IBP stock have been trending extremely negative recently, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Installed Building Products earned a coverage optimism score of -4.3 on InfoTrie's scale. They also assigned news stories about the construction company a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an impact on the stock's share price in the next several days. View the latest news about Installed Building Products.

Installed Building Products saw a decrease in short interest in the month of June. As of June 30th, there was short interest totaling 893,400 shares, a decrease of 9.5% from the June 15th total of 987,700 shares. Based on an average daily volume of 285,700 shares, the short-interest ratio is presently 3.1 days. Approximately 3.9% of the shares of the company are sold short. 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 a variety of institutional and retail investors. Top institutional investors include Scout Investments Inc. (0.38%), Louisiana State Employees Retirement System (0.02%), Diversified Trust Co (0.01%) and Toth Financial Advisory Corp (0.00%). 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 sold by a variety of institutional investors in the last quarter, including Toth Financial Advisory Corp, Louisiana State Employees Retirement System, and Scout Investments Inc.. Company insiders that have sold Installed Building Products company stock in the last year include Jay P Elliott, Jeffrey W Edwards, Vikas Verma, and William Jeffrey Hire. View insider buying and selling activity 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 $69.55.

Installed Building Products has a market capitalization of $2.07 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]