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

Installed Building Products logo
$178.03 +1.04 (+0.59%)
(As of 12/20/2024 05:31 PM ET)

About Installed Building Products Stock (NYSE:IBP)

Key Stats

Today's Range
$175.87
$181.13
50-Day Range
$176.99
$254.42
52-Week Range
$168.08
$281.04
Volume
666,905 shs
Average Volume
293,815 shs
Market Capitalization
$5.01 billion
P/E Ratio
19.78
Dividend Yield
0.79%
Price Target
$247.10
Consensus Rating
Hold

Company Overview

Installed Building Products, Inc., together with its subsidiaries, engages in the installation of insulation, waterproofing, fire-stopping, fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving and mirrors, and other products in the United States. It operates through Installation, Distribution, and Manufacturing operation segments. The company offers a range of insulation materials, such as fiberglass and cellulose, and spray foam insulation materials. It is also involved in the installation of insulation and sealant materials in various areas of a structure, which includes basement and crawl space, building envelope, attic, and acoustical applications. In addition, the company installs a range of caulk and sealant products that control air infiltration in residential and commercial buildings; and waterproofing options, including sheet and hot applied waterproofing membranes, as well as deck coating, bentonite, and air and vapor systems. Further, it distributes spray foam insulation, metal building insulation, residential insulation, and mechanical and fabricated Styrofoam insulation, as well as accessories and equipment used in the insulation installation process; and manufactures cellulose insulation and specialty industrial fibers. It serves homebuilders, multi-family and commercial and agricultural construction firms, individual homeowners, and repair and remodeling contractors. The company was formerly known as CCIB Holdco, Inc. Installed Building Products, Inc. was founded in 1977 and is based in Columbus, Ohio.

Installed Building Products Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
99th Percentile Overall Score

IBP MarketRank™: 

Installed Building Products scored higher than 99% of companies evaluated by MarketBeat, and ranked 4th out of 99 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Installed Building Products has received a consensus rating of Hold. The company's average rating score is 2.18, and is based on 4 buy ratings, 5 hold ratings, and 2 sell ratings.

  • Amount of Analyst Coverage

    Installed Building Products has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Installed Building Products' stock forecast and price target.
  • Earnings Growth

    Earnings for Installed Building Products are expected to grow by 3.47% in the coming year, from $10.66 to $11.03 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Installed Building Products is 19.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.80.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Installed Building Products is 19.78, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 27.66.

  • Price to Book Value per Share Ratio

    Installed Building Products has a P/B Ratio of 7.62. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    4.54% of the float of Installed Building Products has been sold short.
  • Short Interest Ratio / Days to Cover

    Installed Building Products has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Installed Building Products has recently decreased by 6.14%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Installed Building Products has a dividend yield of 0.72%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Installed Building Products does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Installed Building Products is 15.56%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Installed Building Products will have a dividend payout ratio of 12.69% next year. This indicates that Installed Building Products will be able to sustain or increase its dividend.

  • Read more about Installed Building Products' dividend.
  • Percentage of Shares Shorted

    4.54% of the float of Installed Building Products has been sold short.
  • Short Interest Ratio / Days to Cover

    Installed Building Products has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Installed Building Products has recently decreased by 6.14%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Installed Building Products has a news sentiment score of 0.61. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.78 average news sentiment score of Construction companies.
  • News Coverage This Week

    MarketBeat has tracked 12 news articles for Installed Building Products this week, compared to 6 articles on an average week.
  • Search Interest

    Only 2 people have searched for IBP on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • MarketBeat Follows

    4 people have added Installed Building Products to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Installed Building Products insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    16.50% of the stock of Installed Building Products is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    99.61% of the stock of Installed Building Products is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Installed Building Products' insider trading history.
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IBP Stock News Headlines

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IBP Stock Analysis - Frequently Asked Questions

Installed Building Products' stock was trading at $182.82 at the start of the year. Since then, IBP shares have decreased by 2.6% and is now trading at $178.03.
View the best growth stocks for 2024 here
.

Installed Building Products, Inc. (NYSE:IBP) announced its quarterly earnings results on Thursday, February, 22nd. The construction company reported $2.45 EPS for the quarter, beating the consensus estimate of $2.42 by $0.03. The company's revenue for the quarter was up 5.0% on a year-over-year basis.

Top institutional investors of Installed Building Products include State Street Corp (4.44%), FMR LLC (3.43%), Geode Capital Management LLC (2.21%) and Bamco Inc. NY (1.75%). Insiders that own company stock include Jeffrey W Edwards, William Jeffrey Hire, Michael Thomas Miller, Jay P Elliott, Jason R Niswonger, Michael H Thomas, Todd R Fry, Margot Lebenberg Carter, Janet E Jackson, Brad A Wheeler and Lawrence A Hilsheimer.
View institutional ownership trends
.

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.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Installed Building Products investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Adobe (ADBE), ServiceNow (NOW) and Novo Nordisk A/S (NVO).

Company Calendar

Last Earnings
2/22/2024
Ex-Dividend for 9/30 Dividend
9/13/2024
Dividend Payable
9/30/2024
Ex-Dividend for 12/31 Dividend
12/13/2024
Today
12/21/2024
Dividend Payable
12/31/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
General building contractors - residential buildings
Sub-Industry
Construction
Employees
10,600
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$247.10
High Stock Price Target
$295.00
Low Stock Price Target
$197.00
Potential Upside/Downside
+38.8%
Consensus Rating
Hold
Rating Score (0-4)
2.18
Research Coverage
11 Analysts

Profitability

Net Income
$243.70 million
Pretax Margin
11.92%

Debt

Sales & Book Value

Annual Sales
$2.91 billion
Cash Flow
$12.10 per share
Book Value
$23.36 per share

Miscellaneous

Free Float
23,499,000
Market Cap
$5.01 billion
Optionable
Optionable
Beta
1.93

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This page (NYSE:IBP) was last updated on 12/21/2024 by MarketBeat.com Staff
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