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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
NASDAQ:BECN

Beacon Roofing Supply (BECN) Stock Price, News & Analysis

$98.02
+2.97 (+3.12%)
(As of 03/28/2024 ET)
Today's Range
$93.60
$99.10
50-Day Range
$82.16
$98.02
52-Week Range
$54.60
$99.11
Volume
1.61 million shs
Average Volume
747,289 shs
Market Capitalization
$6.22 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$94.45

Beacon Roofing Supply MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.78 Rating Score
Upside/​Downside
3.6% Downside
$94.45 Price Target
Short Interest
Healthy
2.37% of Float Sold Short
Dividend Strength
N/A
Sustainability
-4.02
Upright™ Environmental Score
News Sentiment
0.54mentions of Beacon Roofing Supply in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$171,475 Sold Last Quarter
Proj. Earnings Growth
11.31%
From $7.87 to $8.76 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.25 out of 5 stars

Retail/Wholesale Sector

103rd out of 203 stocks

Lumber & Other Construction Materials Industry

1st out of 4 stocks

BECN stock logo

About Beacon Roofing Supply Stock (NASDAQ:BECN)

Beacon Roofing Supply, Inc., together with its subsidiaries, engages in the distribution of residential and non-residential roofing materials, and complementary building products to contractors, home builders, building owners, lumberyards, and retailers in the United States and Canada. The company offers pitched roofing and low slope roof products; gutters and sidings; building materials, such as lumber and composite, skylights and window, plywood and OSB, decking and railing, and HVAC products; and foam board, spray foam, roll, batt, mineral wool, fiberglass, and commercial insulation products, as well as radiant barriers and blown-in insulation and equipment. It also provides membranes and coatings, deck and floor coatings, plaza deck waterproofing products, damp proofing coatings, sealants, waterproofing systems, repair and protection products, firestops, and air and vapor barriers; and tools and equipment, including power and hand tools, ladders and scaffolding, air tools and compressors, nails, screws and fasteners, generators, work wear and safety gear, job site supplies, tool bags and belts, welding and soldering, cleaning supplies, drill bits, and saw blades. The company was founded in 1928 and is headquartered in Herndon, Virginia.

BECN Stock Price History

BECN Stock News Headlines

Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Beacon Roofing Supply Inc. (US0736851090.SG)
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
RBC Capital Keeps Their Buy Rating on Beacon Roofing Supply (BECN)
Baird Upgrades Beacon Roofing Supply (BECN)
Evaluating Beacon Roofing Supply: Insights From 4 Financial Analysts
Q4 2023 Beacon Roofing Supply Inc Earnings Call
Beacon Roofing Supply Inc. Q4 Profit Rises
Beacon Reports Fourth Quarter and Full Year 2023 Results
What Wall Street expects from Beacon Roofing Supply's earnings
BECN Mar 2024 105.000 call
Beacon Roofing Supply Inc.
See More Headlines
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Company Calendar

Last Earnings
2/27/2024
Today
3/28/2024
Next Earnings (Estimated)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Lumber & other construction materials
Sub-Industry
Trading Companies & Distributors
Current Symbol
NASDAQ:BECN
CUSIP
07368510
Employees
8,063
Year Founded
1928

Price Target and Rating

Average Stock Price Target
$94.45
High Stock Price Target
$119.00
Low Stock Price Target
$68.00
Potential Upside/Downside
-3.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.78
Research Coverage
9 Analysts

Profitability

Net Income
$435 million
Pretax Margin
6.43%

Debt

Sales & Book Value

Annual Sales
$9.12 billion
Cash Flow
$11.15 per share
Book Value
$28.78 per share

Miscellaneous

Free Float
62,829,000
Market Cap
$6.22 billion
Optionable
Optionable
Beta
1.62

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Key Executives


BECN Stock Analysis - Frequently Asked Questions

Should I buy or sell Beacon Roofing Supply stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Beacon Roofing Supply in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" BECN shares.
View BECN analyst ratings
or view top-rated stocks.

What is Beacon Roofing Supply's stock price target for 2024?

9 brokers have issued 1-year price targets for Beacon Roofing Supply's stock. Their BECN share price targets range from $68.00 to $119.00. On average, they expect the company's stock price to reach $94.45 in the next twelve months. This suggests that the stock has a possible downside of 3.6%.
View analysts price targets for BECN
or view top-rated stocks among Wall Street analysts.

How have BECN shares performed in 2024?

Beacon Roofing Supply's stock was trading at $87.02 on January 1st, 2024. Since then, BECN shares have increased by 12.6% and is now trading at $98.02.
View the best growth stocks for 2024 here
.

Are investors shorting Beacon Roofing Supply?

Beacon Roofing Supply saw a decrease in short interest in the month of March. As of March 15th, there was short interest totaling 1,490,000 shares, a decrease of 10.8% from the February 29th total of 1,670,000 shares. Based on an average trading volume of 719,800 shares, the short-interest ratio is presently 2.1 days. Currently, 2.4% of the shares of the stock are sold short.
View Beacon Roofing Supply's Short Interest
.

When is Beacon Roofing Supply's next earnings date?

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

How were Beacon Roofing Supply's earnings last quarter?

Beacon Roofing Supply, Inc. (NASDAQ:BECN) issued its quarterly earnings results on Tuesday, February, 27th. The company reported $1.47 earnings per share for the quarter, missing analysts' consensus estimates of $1.69 by $0.22. The company had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.27 billion. Beacon Roofing Supply had a trailing twelve-month return on equity of 26.95% and a net margin of 4.74%. The firm's revenue for the quarter was up 16.8% on a year-over-year basis. During the same period last year, the company earned $1.18 EPS.

What guidance has Beacon Roofing Supply issued on next quarter's earnings?

Beacon Roofing Supply issued an update on its fourth quarter 2023 earnings guidance on Wednesday, January, 10th. The company provided earnings per share (EPS) guidance of 1.420-1.480 for the period, compared to the consensus estimate of 1.640. The company issued revenue guidance of $2.3 billion-$2.3 billion, compared to the consensus revenue estimate of $2.2 billion.

What is Julian Francis' approval rating as Beacon Roofing Supply's CEO?

62 employees have rated Beacon Roofing Supply Chief Executive Officer Julian Francis on Glassdoor.com. Julian Francis has an approval rating of 27% among the company's employees. This puts Julian Francis in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 71.0% of employees surveyed would recommend working at Beacon Roofing Supply to a friend.

What other stocks do shareholders of Beacon Roofing Supply own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Beacon Roofing Supply investors own include AT&T (T), Micron Technology (MU), GW Pharmaceuticals (GWPH), Home Depot (HD), RTX (RTX), Procter & Gamble (PG), Abbott Laboratories (ABT), Adobe (ADBE), Activision Blizzard (ATVI) and General Electric (GE).

Who are Beacon Roofing Supply's major shareholders?

Beacon Roofing Supply's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.73%), Vanguard Group Inc. (9.72%), Clayton Dubilier & Rice LLC (8.27%), Dimensional Fund Advisors LP (5.52%), Frontier Capital Management Co. LLC (3.36%) and Fiduciary Management Inc. WI (2.98%). Insiders that own company stock include Cd&R Investment Associates Ix,, Christine Stroh Reddy, Christopher Carl Nelson, Clement Munroe Best III, Jason L Taylor, Julian Francis and Stuart A Randle.
View institutional ownership trends
.

How do I buy shares of Beacon Roofing Supply?

Shares of BECN 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.
Compare Top Brokerages Here.

Does Beacon Roofing Supply have any subsidiaries?
The following companies are subsidiares of Beacon Roofing Supply: Allied Building Products, Atlas Supply, BJ Supply, Beacon Roofing Supply Canada Company, Beacon Sales Acquisition, Eco Insulation Supply, and Roofing Supply Group.
Read More
This page (NASDAQ:BECN) was last updated on 3/29/2024 by MarketBeat.com Staff

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