Beacon Roofing Supply, Inc. (BECN)

NASDAQ: BECN · IEX Real-Time Price · USD
79.80
-2.35 (-2.86%)
At close: Dec 7, 2023, 4:00 PM
79.50
-0.30 (-0.38%)
After-hours: Dec 7, 2023, 5:57 PM EST
-2.86%
Market Cap 5.22B
Revenue (ttm) 8.79B
Net Income (ttm) -50.90M
Shares Out 63.16M
EPS (ttm) -1.04
PE Ratio n/a
Forward PE 9.85
Dividend n/a
Ex-Dividend Date n/a
Volume 1,918,881
Open 80.13
Previous Close 82.15
Day's Range 79.16 - 80.77
52-Week Range 50.42 - 87.46
Beta 1.60
Analysts Buy
Price Target 87.78 (+10.0%)
Earnings Date Nov 2, 2023

About BECN

Beacon Roofing Supply, Inc., together with its subsidiaries, engages in 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. It 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, fibergla... [Read more]

Sector Industrials
IPO Date Sep 23, 2004
Employees 7,478
Stock Exchange NASDAQ
Ticker Symbol BECN
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for BECN stock is "Buy." The 12-month stock price forecast is $87.78, which is an increase of 10.00% from the latest price.

Price Target
$87.78
(10.00% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Beacon Announces Pricing of Secondary Offering of 5 Million Shares of Common Stock

HERNDON, Va. , Dec. 6, 2023 /PRNewswire/ -- Beacon (NASDAQ: BECN) ("Beacon") announced today the pricing of the previously announced underwritten secondary public offering of 5 million shares of Beaco...

23 hours ago - PRNewsWire

Beacon Announces Secondary Offering of 5 Million Shares of Common Stock

HERNDON, Va. , Dec. 6, 2023 /PRNewswire/ ---- Beacon (NASDAQ: BECN) ("Beacon") announced today the commencement of an underwritten secondary public offering of 5 million shares of Beacon's common stoc...

1 day ago - PRNewsWire

BEACON ANNOUNCES CFO TRANSITION

Company Reaffirms Outlook for Full Year 2023 HERNDON, Va., Dec. 4, 2023 /PRNewswire/ -- Beacon (Nasdaq: BECN) (the "Company" or "Beacon") announced today that its Executive Vice President & Chief Fina...

3 days ago - PRNewsWire

Beacon Announces New Locations in California and Texas

HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN) announced today that it has opened new locations in Riverside, California and Houston, Texas to serve residential and comme...

21 days ago - Business Wire

Beacon Announces 10 Veteran Homes and Community Buildings That Will Receive New Roofs

HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN) announced today, in honor of Veteran's Day, the winners of its annual Beacon of Hope program a North American initiative aw...

27 days ago - Business Wire

CORRECTING and REPLACING Beacon Reports Third Quarter 2023 Results

Execution on Ambition 2025 growth initiatives drove record top line. Disciplined pricing combined with operating leverage benefits generated strong third quarter profitability.

4 weeks ago - Business Wire

Beacon Reports Third Quarter 2023 Results

HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN) (the “Company”, “we”, “our”) announced results today for the third quarter ended September 30, 2023. “Beacon's third quarte...

5 weeks ago - Business Wire

Beacon Announces Acquisition of H&H Roofing

HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN) announced today that it has completed the acquisition of H&H Roofing Supply, LLC (“H&H Roofing”) of Bakersfield, CA. H&H Ro...

5 weeks ago - Business Wire

Beacon Announces Three New Locations in the West

HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN) announced today that it has opened new locations in Salinas, CA, Frederick, CO, and Seguin, TX to serve residential and com...

5 weeks ago - Business Wire

Beacon to Announce Third Quarter 2023 Earnings on November 2, 2023

HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN) (the “Company”) announced today that its earnings results for the quarter ended September 30, 2023 will be released after m...

7 weeks ago - Business Wire

Beacon Acquires Garvin Construction Products

HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN) (and its affiliates, the “Company”) announced today that it has completed the acquisition of waterproofing distributor Garv...

2 months ago - Business Wire

Beacon Announces Two New Locations

HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN) announced today that it has opened new locations in Grand Haven, MI and Joplin, MO to serve residential and commercial cont...

3 months ago - Business Wire

Beacon Announces Acquisition of S&H Building Material Corporation

HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN) announced today that it has completed the acquisition of S&H Building Material Corporation (“S&H”) of Medford, NY. S&H has ...

3 months ago - Business Wire

Factbox: Stocks to watch as Idalia makes landfall in Florida

Florida is bracing for Tropical Storm Idalia as it intensifies into a major hurricane on Monday before making landfall on the state's Gulf Coast by Wednesday morning.

Other symbols: AIGALLGNRCHDLOWNEEOC
3 months ago - Reuters

Beacon Continues Dedication to Veterans With Launch of 5th Annual Beacon of Hope

HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN) is now accepting nominations for its annual Beacon of Hope, a North American program awarding Veterans new roofs. Now in it...

4 months ago - Business Wire

Beacon Roofing Supply, Inc. Announces Pricing of Secondary Offering of 5 Million Shares of Common Stock

HERNDON, Va. , Aug. 8, 2023 /PRNewswire/ -- Beacon Roofing Supply, Inc. (NASDAQ: BECN) ("Beacon") announced today the pricing of the previously announced underwritten secondary public offering of 5 mi...

4 months ago - PRNewsWire

Beacon Roofing Supply, Inc. Announces Secondary Offering of 5 Million Shares of Common Stock

HERNDON, Va. , Aug. 7, 2023 /PRNewswire/ -- Beacon Roofing Supply, Inc. (NASDAQ: BECN) ("Beacon") announced today the commencement of an underwritten secondary public offering of 5 million shares of B...

4 months ago - PRNewsWire

Beacon Reports Second Quarter 2023 Results

HERNDON, VA.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN) (the “Company”, “we”, “our”) announced results today for the second quarter ended June 30, 2023. “Our team's focused execut...

4 months ago - Business Wire

Beacon Announces Acquisition of All American Vinyl Siding Supply

HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN) announced today that it has completed the acquisition of All American Vinyl Siding Supply, LLC (“All American”) of Tupelo, ...

4 months ago - Business Wire

Beacon Announces Closing of $600 Million Senior Secured Notes Offering and Completes Repurchase of Series A Preferred Stock

HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon Roofing Supply, Inc. (Nasdaq: BECN) (“Beacon,” the “Company”, “we,” “us” or “our”) announced today that it has closed its previously annou...

4 months ago - Business Wire

Beacon to Announce Second Quarter 2023 Earnings on August 3, 2023

HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN) (the “Company”) announced today that its earnings results for the quarter ended June 30, 2023 will be released after market...

5 months ago - Business Wire

Beacon Announces Pricing of Upsized $600 Million Senior Secured Notes Offering

HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon Roofing Supply, Inc. (Nasdaq: BECN) (“Beacon”) announced today the pricing of $600 million aggregate principal amount of its 6.500% senior...

5 months ago - Business Wire

Beacon Announces $500 Million Senior Secured Notes Offering

HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon Roofing Supply, Inc. (Nasdaq: BECN) (“Beacon”) announced today the commencement of a private offering of $500.0 million aggregate principa...

5 months ago - Business Wire

Beacon Announces Acquisition of Crossroads Roofing Supply

HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN) announced today that it has completed the acquisition of Crossroads Roofing Supply, Inc. (“Crossroads”) of Oklahoma City, O...

5 months ago - Business Wire

Beacon Roofing Supply to buy back about $805 million in stock from Clayton, Dubilier & Rice

Beacon Roofing Supply Inc. BECN, -2.01% stock is up 0.8% in premarket trades Friday after the company said it plans to repurchase 400,000 shares of Series A preferred stock from private equity firm Cl...

5 months ago - Market Watch