Installed Building Products, Inc. (IBP)

NYSE: IBP · IEX Real-Time Price · USD
82.34
+0.45 (0.55%)
Jun 29, 2022 1:03 PM EDT - Market open
0.55%
Market Cap 2.41B
Revenue (ttm) 2.12B
Net Income (ttm) 135.29M
Shares Out 29.30M
EPS (ttm) 4.57
PE Ratio 18.02
Forward PE 11.49
Dividend $1.82 (2.20%)
Ex-Dividend Date Jun 14, 2022
Volume 46,479
Open 81.80
Previous Close 81.89
Day's Range 80.07 - 82.88
52-Week Range 69.44 - 141.43
Beta 1.76
Analysts Buy
Price Target 105.37 (+28.0%)
Earnings Date Aug 4, 2022

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 continental United States. 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 a... [Read more...]

Industry Household Durables
IPO Date Feb 13, 2014
CEO Jeffrey Edwards
Employees 9,500
Stock Exchange NYSE
Ticker Symbol IBP
Full Company Profile

Financial Performance

In 2021, IBP's revenue was $1.97 billion, an increase of 19.08% compared to the previous year's $1.65 billion. Earnings were $118.76 million, an increase of 22.14%.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for IBP stock is "Buy." The 12-month stock price forecast is 105.37, which is an increase of 27.97% from the latest price.

Price Target
$105.37
(27.97% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Installed Building Products Awarded With “National Preferred Partner” Distinction

COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the “Company” or “IBP”) (NYSE: IBP) earned the National Preferred Partner Award from David Weekley Homes' 18th annual National Preferr...

NACD North Texas Announces New Chapter Officers and Board Members for 2022–2023

DALLAS--(BUSINESS WIRE)--The NACD North Texas Chapter, the advocate for the profession of directorship, today announced the election of new officers and board members for 2022–2023, effective July 1, 20...

Installed Building Products Announces Upcoming Investor Conference Schedule

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 announced ...

Installed Building Products Announces the Acquisition of Tri-County Insulation and Acoustical Contractors

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 today ...

Installed Building Products (IBP) Beats Q1 Earnings and Revenue Estimates

Installed Building Products (IBP) delivered earnings and revenue surprises of 42.59% and 8.44%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Installed Building Products Reports Record First Quarter 2022 Results and 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 announced ...

Installed Building Products to Report First Quarter 2022 Financial Results

COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the “Company”) (NYSE: IBP), an industry-leading installer of insulation products, announced today that the Company will release its fi...

Installed Building Products Invests in Energi.ai, a Next Generation AI Platform Building Climate Solutions That Help ...

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 announced ...

Installed Building (IBP) Rides on Central Aluminum Supply Buyout

Installed Building Products (IBP) expands its footprint across the U.S. Northeast and Mid-Atlantic region with the acquisition of CAS.

Installed Building Products Announces the Acquisition of Central Aluminum Supply Corporation

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 today ...

Installed Building (IBP) Buys Pisgah, Expands in North Carolina

Installed Building Products (IBP) expands its footprint in the North Carolina market with the Pisgah buyout.

Installed Building Products Announces the Acquisition of Pisgah Insulation and Fireplaces of NC, 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, announced today ...

Installed Building Products (IBP) Misses Q4 Earnings Estimates

Installed Building Products (IBP) delivered earnings and revenue surprises of -7.19% and 1.90%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the st...

Installed Building Products Reports Record Fourth Quarter and Fiscal Year Results

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 announced r...

CORRECTING and REPLACING Installed Building Products Closes Amended and Extended ABL Credit Facility

COLUMBUS, Ohio--(BUSINESS WIRE)--Please replace the release with the following corrected version due to multiple revisions. The updated release reads: INSTALLED BUILDING PRODUCTS CLOSES AMENDED AND EXTE...

Installed Building Products Closes Amended and Extended ABL Credit 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 announced ...

Installed Building Products to Report Fourth Quarter 2021 Financial Results

COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the “Company”) (NYSE: IBP), an industry-leading installer of insulation products, announced today that the Company will release its fo...

KeyBanc just raised the alarm on homebuilder stocks

Shares of Lennar Corporation (NYSE: LEN) have come down roughly 10% this month, and KeyBanc Capital Markets says the road is likely to remain bumpy in the coming months as well. Zener sees a 15% downsid...

Other symbols: BLDDHIKBHLENTOL

KeyBanc Capital downgrades six homebuilder stocks

Ken Zener, KeyBanc Capital Markets equity research analyst, joins 'Power Lunch' to discuss his reasoning for the company's bearish outlook on homebuilder stocks, giving the downgrades context.

Other symbols: BLDDHIKBHLENTOL

Installed Building Products Foundation Gives $1.3 Million in 2021

COLUMBUS, Ohio--(BUSINESS WIRE)--During its third year, the Installed Building Products Foundation – established by Installed Building Products, Inc. (NYSE: IBP), an industry-leading installer of insula...

JPMorgan Upgrades Azek, Downgrades Trex, Installed Building Products

JPMorgan analyst Michael Rehaut upgraded  Azek Company Inc (NYSE:AZEK) to Overweight from Neutral and raised the price target to $56 (an upside of 31%) from $54.  The analyst believes Azek's valuation –...

Other symbols: AZEKTREX

Installed Building Products Successfully Closes New Term Loan Facility

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 the ...

Installed Building Products Adds Distribution Platform With the Acquisition of AMD Distribution, Inc.

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 today ...

Installed Building Products Plans To Raise $500M In New Term Loan Facility

Installed Building Products Inc (NYSE: IBP) intends to raise a new 7-year $500 million Term Loan due 2028. The company plans to use the net proceeds of the New Term Loan to refinance its existing $200 m...

Installed Building Products Announces Plans for New Term Loan Facility

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 the...