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 72.9% and is now trading at $85.79.
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12 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 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Installed Building Products is scheduled to release its next quarterly earnings announcement on Friday, November 6th 2020.
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Installed Building Products Inc (NYSE:IBP) posted its quarterly earnings results on Thursday, August, 6th. The construction company reported $1.12 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.77 by $0.35. The construction company earned $393.94 million during the quarter, compared to analyst estimates of $372.61 million. Installed Building Products had a return on equity of 45.67% and a net margin of 5.14%. The company's revenue was up 6.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.87 EPS.
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12 analysts have issued 1-year price targets for Installed Building Products' shares. Their forecasts range from $45.00 to $87.00. On average, they expect Installed Building Products' share price to reach $67.91 in the next year. This suggests that the stock has a possible downside of 20.8%.
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Media coverage about IBP stock has been trending very positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Installed Building Products earned a news sentiment score of 4.0 on InfoTrie's scale. They also assigned news coverage about the construction company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days.
View the latest news about Installed Building Products.

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).
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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 retail and institutional investors. Top institutional shareholders include Pembroke Management LTD (1.40%), Emerald Advisers LLC (0.87%), Emerald Mutual Fund Advisers Trust (0.69%), Principal Financial Group Inc. (0.60%), Scout Investments Inc. (0.38%) and New York State Common Retirement Fund (0.29%). 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.
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IBP stock was sold by a variety of institutional investors in the last quarter, including Mackay Shields LLC, RMB Capital Management LLC, UBS Group AG, Russell Investments Group Ltd., First Trust Advisors LP, New York State Common Retirement Fund, PNC Financial Services Group Inc., and Fisher Asset Management LLC. 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.
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IBP stock was bought by a variety of institutional investors in the last quarter, including Emerald Advisers LLC, Emerald Mutual Fund Advisers Trust, Eos Focused Equity Management L.P., Assenagon Asset Management S.A., Crown Advisors Management Inc., Rafferty Asset Management LLC, SG Americas Securities LLC, and Beacon Investment Advisory Services Inc..
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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 $85.79.

Installed Building Products has a market capitalization of $2.56 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]