Installed Building Products, Inc. (IBP)
| Market Cap | 4.98B |
| Revenue (ttm) | 2.91B |
| Net Income (ttm) | 254.50M |
| Shares Out | 27.98M |
| EPS (ttm) | 9.00 |
| PE Ratio | 19.78 |
| Forward PE | 15.78 |
| Dividend | $1.05 (0.59%) |
| Ex-Dividend Date | Dec 13, 2024 |
| Volume | 598,870 |
| Open | 175.87 |
| Previous Close | 176.99 |
| Day's Range | 175.87 - 181.13 |
| 52-Week Range | 168.08 - 281.04 |
| Beta | 1.94 |
| Analysts | Buy |
| Price Target | 253.70 (+42.5%) |
| Earnings Date | Feb 20, 2025 |
About IBP
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 se... [Read more]
Financial Performance
In 2023, IBP's revenue was $2.78 billion, an increase of 4.08% compared to the previous year's $2.67 billion. Earnings were $243.70 million, an increase of 9.09%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for IBP stock is "Buy." The 12-month stock price forecast is $253.7, which is an increase of 42.50% from the latest price.
News
Installed Building Products Announces the Acquisition of Capital Insulation, LLC
COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the “Company” or “IBP”) (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announce...
Installed Building Products Announces Successful Repricing of Term Loan B Facility and a Share Repurchase Update
COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the “Company”) (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announced that th...
Installed Building Products Publishes 2024 Environmental, Social and Governance Report
COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the “Company” or “IBP”) (NYSE: IBP), an industry-leading installer of insulation and complementary building products, announced toda...
Installed Building Products Announces the Acquisition of Tatum Insulation III, LLC
COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the “Company” or “IBP”) (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announce...
Installed Building Products, Inc. (IBP) Q3 2024 Earnings Call Transcript
Installed Building Products, Inc. (NYSE:IBP) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Darren Hicks - MD-IR Jeffrey Edwards - Chairman and CEO Michael Miller ...
Installed Building Products Reports Record Third Quarter 2024 Results; Declares Regular Quarterly Cash Dividend
COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the "Company" or "IBP") (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announce...
Installed Building Products to Report Third Quarter 2024 Financial Results
COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the “Company”) (NYSE: IBP), an industry-leading installer of insulation and complementary building products, announced today that th...
Installed Building Products: Rising Institutional Pessimism Despite Strong Market Tailwinds
Installed Building Products' stock price jumped 145% last year but has been stuck in a sideways pattern since March 2024, with more institutional investors turning cautious. The company relies heavily...
Installed Building Products Announces the Acquisition of Wholesale Insulation Supply, Inc. DBA Insulation Supplies
COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the “Company” or “IBP”) (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announce...
IBP's Advanced Fiber Technology Opens Second Production Line in Bucyrus
COLUMBUS, Ohio--(BUSINESS WIRE)--Advanced Fiber Technology (AFT), an Installed Building Product's (IBP) (NYSE: IBP) company, has opened the second line of its manufacturing plant in Bucyrus, Ohio. Thi...
Installed Building Products: Downgrade To Hold As Valuation Has Priced In Near-Term Upside
I downgraded my rating from buy to hold. IBP reported 7% revenue growth, with strong single-family sales offset by declining commercial sales. Housing starts trend supports bullish outlook for IBP, bu...
Installed Building Products, Inc. (IBP) Q2 2024 Earnings Call Transcript
Installed Building Products, Inc. (NYSE:IBP) Q2 2024 Earnings Conference Call August 1, 2024 10:00 AM ET Company Participants Darren Hicks - MD-IR Jeff Edwards - Chairman and CEO Michael Miller - CFO...
Installed Building Products Reports Record Second Quarter 2024 Results; Declares Regular Quarterly Cash Dividend
COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the "Company" or "IBP") (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announce...
Installed Building Products Announces the Acquisition of Euroview Enterprises, LLC
COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the “Company” or “IBP”) (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announce...
Installed Building Products to Report Second Quarter 2024 Financial Results
COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the “Company”) (NYSE: IBP), an industry-leading installer of insulation and complementary building products, announced today that th...
Installed Building Products Awarded With “National Preferred Partner” Distinction for Fourth Year in a Row
COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the “Company” or “IBP”) (NYSE: IBP) earned the National Preferred Partner Award from David Weekley Homes' 20th annual National Prefe...
Installed Building Products Announces the Acquisition of Thrice Energy Solutions, LLC, Gutter Pro Enterprises, Inc., and a Share Repurchase Update
COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the “Company” or “IBP”) (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announce...
Installed Building Products: Capital-Light Growth Throwing Off Free Cash Flow Attractive
Installed Building Products is well-positioned to capitalize on fundamental tailwinds and expand its competitive advantage. IBP has shown consistent revenue and earnings growth, with double-digit comp...
Installed Building Products, Inc. (IBP) Q1 2024 Earnings Call Transcript
Installed Building Products, Inc. (NYSE:IBP) Q1 2024 Earnings Conference Call May 9, 2024 10:00 AM ET Company Participants Darren Hicks – Managing Director-Investor Relations Jeff Edwards – Chairman ...
Installed Building Products Reports First Quarter 2024 Results; Declares Regular Quarterly Cash Dividend
COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the "Company" or "IBP") (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announce...
Installed Building Products to Report First Quarter 2024 Financial Results
COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the “Company”) (NYSE: IBP), an industry-leading installer of insulation and complementary building products, announced today that th...
Installed Building Products Successfully Closes New Term Loan B Facility
COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the “Company” or “IBP”) (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announce...
Installed Building Products Celebrates Five Years of Community Impact
COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (NYSE: IBP), an industry-leading installer of insulation and complementary building products, is proud to celebrate the fifth anniver...
Installed Building Products Announces Plans to Refinance and Extend its Term Loan B Facility
COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the “Company” or “IBP”) (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announce...
Installed Building Products: Strong Near-Term Growth Tailwinds
Buy rating recommended for Installed Building Products stock due to attractive near-term growth outlook in the US housing market. IBP is a leading player in insulation installation and offers compleme...