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

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Installed Building Products in the last year. There are currently 6 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" IBP shares.
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12 brokers have issued twelve-month price targets for Installed Building Products' stock. Their IBP share price targets range from $140.00 to $275.00. On average, they expect the company's share price to reach $208.40 in the next year. This suggests that the stock has a possible downside of 7.2%.
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Installed Building Products' stock was trading at $182.82 at the start of the year. Since then, IBP shares have increased by 22.8% and is now trading at $224.46.
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Installed Building Products saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 1,120,000 shares, an increase of 6.7% from the February 29th total of 1,050,000 shares. Based on an average daily volume of 241,700 shares, the short-interest ratio is presently 4.6 days. Currently, 4.7% of the company's stock are sold short.
View Installed Building Products' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our IBP earnings forecast.

Installed Building Products, Inc. (NYSE:IBP) posted its earnings results on Thursday, February, 22nd. The construction company reported $2.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.42 by $0.03. The construction company had revenue of $720.70 million for the quarter, compared to analyst estimates of $688.59 million. Installed Building Products had a trailing twelve-month return on equity of 47.18% and a net margin of 8.77%. Installed Building Products's revenue was up 5.0% compared to the same quarter last year. During the same period last year, the company posted $2.34 earnings per share.

Installed Building Products declared a quarterly dividend on Thursday, February 22nd. Shareholders of record on Friday, March 15th will be given a dividend of $1.60 per share on Sunday, March 31st. This represents a $6.40 dividend on an annualized basis and a yield of 2.85%. The ex-dividend date of this dividend is Thursday, March 14th. This is a boost from the stock's previous quarterly dividend of $0.33.
Read our dividend analysis for IBP.

Installed Building Products (NYSE:IBP) pays an annual dividend of $1.40 per share and currently has a dividend yield of 0.59%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 16.26%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IBP will have a dividend payout ratio of 11.21% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for IBP.

ETFs with the largest weight of Installed Building Products (NYSE:IBP) stock in their portfolio include Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), Invesco Building & Construction ETF (PKB), Invesco S&P SmallCap Momentum ETF (XSMO), Invesco S&P SmallCap Quality ETF (XSHQ), SPDR S&P Homebuilders ETF (XHB), iShares U.S. Home Construction ETF (ITB), Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ) and Invesco S&P SmallCap 600 Pure Growth ETF (RZG).

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' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Guinness Asset Management LTD (0.44%), Los Angeles Capital Management LLC (0.06%), Ausbil Investment Management Ltd (0.03%), Park Avenue Securities LLC (0.01%) and GAMMA Investing LLC (0.00%). Insiders that own company stock include Brad A Wheeler, Janet E Jackson, Jason R Niswonger, Jay P Elliott, Jeffrey W Edwards, Jeffrey W Edwards, Lawrence A Hilsheimer, Margot Lebenberg Carter, Michael H Thomas, Michael Thomas Miller, Todd R Fry, Todd R Fry 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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