Beacon Roofing Supply, Inc. (BECN)
| Market Cap | 7.18B |
| Revenue (ttm) | 9.66B |
| Net Income (ttm) | 373.40M |
| Shares Out | 61.58M |
| EPS (ttm) | 5.85 |
| PE Ratio | 19.94 |
| Forward PE | 15.13 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,023,107 |
| Open | 120.48 |
| Previous Close | 119.57 |
| Day's Range | 116.19 - 120.48 |
| 52-Week Range | 77.54 - 121.42 |
| Beta | 1.62 |
| Analysts | Buy |
| Price Target | 120.17 (+3.03%) |
| Earnings Date | Feb 27, 2025 |
About 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 w... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for BECN stock is "Buy." The 12-month stock price forecast is $120.17, which is an increase of 3.03% from the latest price.
News
Beacon Issues Statement in Response to QXO's Director Nominations
HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) (the “Company”) announced today that its Board of Directors (the “Board”) has received notice from QXO, Inc. (NYSE: QXO) that QXO has nominated ten...
TRI-BUILT® Named Partner of the Year by K9s For Warriors
HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--TRI-BUILT®, Beacon's (Nasdaq: BECN) exclusive brand of roofing products, has been named the K9s For Warriors 2025 Partner of the Year. In recogni...
Beacon to Release Fourth Quarter and Full Year 2024 Earnings on February 27, 2025
HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) (the “Company”) announced today that, consistent with last year, its earnings results for the quarter and full year ended December 31, 2024 will be...
Beacon Board of Directors Unanimously Rejects QXO's Unsolicited Tender Offer
HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) (the “Company”), the leading publicly-traded specialty wholesale distributor of roofing, waterproofing and related exterior products, today announc...
Beacon Roofing adopts poison pill after QXO's hostile bid
Beacon Roofing Supply said on Tuesday it has adopted a limited duration stockholder rights agreement, commonly known as a poison pill, following a hostile takeover bid by QXO.
Beacon Adopts Stockholder Rights Agreement
HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) (the “Company”), the leading publicly-traded specialty wholesale distributor of roofing, waterproofing and related exterior products, announced tod...
Beacon Roofing CEO describes dealings with QXO as takeover bid heats up
In a Monday interview with CNBC's Jim Cramer, Beacon Roofing CEO Julian Francis described the company's communications with QXO, a building products distributor looking to acquire his company. Beacon ...
Beacon Roofing CEO Julian Francis goes one-on-one with Jim Cramer
Beacon Roofing Supply President and CEO Julian Francis joins 'Mad Money' host Jim Cramer to talk the state of the industry, its offerings and more.
Beacon Roofing CEO talks rejecting proposal from QXO to purchase all its outstanding shares
Beacon Roofing Supply President and CEO Julian Francis joins 'Mad Money' host Jim Cramer to talk the state of the industry, its offerings and more.
QXO touts AI advantage in bid to win over Beacon Roofing's shareholders
QXO's $11 billion pitch to buy Beacon Roofing touts the company's AI experience, as well as the housing shortage in the United States.
Beacon Comments on QXO's Unsolicited Tender Offer
HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) (the “Company”) today confirmed that QXO, Inc. (NYSE: QXO) has commenced an unsolicited tender offer to acquire all outstanding shares of Beacon co...
Beacon Announces Annual Supplier Partner Award Winners
HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN), the leading publicly-traded specialty wholesale distributor of roofing, waterproofing and related exterior products, annou...
Beacon Confirms Receipt and Reiterates Rejection of Unsolicited Proposal
HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) (the “Company”) today confirmed that it has previously received and rejected an unsolicited, non-binding proposal from QXO, Inc. (Nasdaq: QXO) to a...
Beacon Roofing Supply Stock Rises as QXO Proposes $11 Billion Cash Takeover
QXO proposes to acquire Beacon Roofing Supply for $124.25 a share.
Beacon Building Products to Host 2025 Investor Day
HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN) the leading publicly-traded specialty wholesale distributor of roofing, waterproofing and related exterior products announc...
Beacon Announces Fourth Quarter Footprint Expansion
HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN) the leading publicly-traded specialty wholesale distributor of roofing, waterproofing and related exterior products announc...
Beacon Roofing Supply Stock Still Offers Upside For Investors
Beacon Roofing Supply, Inc. remains a soft “Buy” due to attractive pricing, strong revenue growth from acquisitions, and ongoing share buybacks despite mixed financial performance. The company has exp...
Building Products Distributor QXO Makes Bid for Beacon Roofing
QXO's Brad Jacobs has built companies in logistics and other sectors through acquisitions.
Beacon Enhances eCommerce Platform with Leap CRM Project Management Solution
HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN) the leading publicly-traded specialty wholesale distributor of roofing, waterproofing and related exterior products announc...
Beacon Honors Veterans Day With Announcement of New Roof Recipients
HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--This Veteran's Day, Beacon (Nasdaq: BECN) announced the 14 grand-prize winners of its annual Beacon of Hope® program, an initiative aimed at hono...
Beacon Roofing Supply, Inc. (BECN) Q3 2024 Earnings Call Transcript
Beacon Roofing Supply, Inc. (NASDAQ:BECN) Q3 2024 Earnings Conference Call October 31, 2024 8:30 AM ET Company Participants Binit Sanghvi - Vice President of Capital Markets and Treasurer Julian Fran...
Beacon Reports Third Quarter 2024 Results
HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN) (the “Company”, “we”, “our”), the leading publicly-traded wholesale distributor specializing in roofing, waterproofing, and...
Beacon Partners With GAF to Add Ecommerce Feature
HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN), the leading publicly-traded wholesale distributor specializing in roofing, waterproofing and related exterior products, an...
Beacon to Release Third Quarter 2024 Earnings on October 30, 2024
HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN) (the “Company”) announced today that its earnings results for the quarter ended September 30, 2024 will be released after m...
Beacon Roofing Supply: Stock Cannibal In The Making
Beacon Roofing Supply has been aggressively buying back shares since early 2022, returning $1.5 billion to shareholders, indicating strong capital allocation. The company has shown significant growth ...