Research Analysts Set Expectations for IBP FY2025 Earnings

Installed Building Products, Inc. (NYSE:IBP) – Analysts at DA Davidson cut their FY2025 earnings per share estimates for Installed Building Products in a research note issued on Friday, May 9th. DA Davidson analyst K. Yinger now expects that the construction company will post earnings per share of $9.40 for the year, down from their prior estimate of $10.09. DA Davidson has a “Buy” rating and a $225.00 price target on the stock. The consensus estimate for Installed Building Products’ current full-year earnings is $10.66 per share. DA Davidson also issued estimates for Installed Building Products’ FY2026 earnings at $11.15 EPS.

Installed Building Products (NYSE:IBP) last released its quarterly earnings data on Thursday, May 8th. The construction company reported $2.08 EPS for the quarter, missing analysts’ consensus estimates of $2.23 by ($0.15). The firm had revenue of $684.80 million during the quarter, compared to analyst estimates of $681.34 million. Installed Building Products had a return on equity of 43.56% and a net margin of 8.74%. The company’s quarterly revenue was down 1.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.47 EPS.

Several other research firms have also issued reports on IBP. Truist Financial reduced their price objective on shares of Installed Building Products from $240.00 to $180.00 and set a “hold” rating for the company in a research note on Monday, March 3rd. Benchmark decreased their price target on Installed Building Products from $210.00 to $185.00 and set a “buy” rating for the company in a research note on Friday, May 9th. Loop Capital cut their price objective on Installed Building Products from $210.00 to $200.00 and set a “buy” rating on the stock in a research note on Monday. The Goldman Sachs Group decreased their target price on Installed Building Products from $262.00 to $228.00 and set a “buy” rating for the company in a research report on Tuesday, January 14th. Finally, StockNews.com downgraded Installed Building Products from a “buy” rating to a “hold” rating in a report on Friday, February 28th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $212.45.

Installed Building Products Stock Performance

IBP stock opened at $171.47 on Monday. The firm has a 50 day moving average of $168.72 and a two-hundred day moving average of $185.97. Installed Building Products has a 12 month low of $151.27 and a 12 month high of $281.04. The company has a market capitalization of $4.73 billion, a price-to-earnings ratio of 19.05 and a beta of 1.85. The company has a quick ratio of 2.50, a current ratio of 2.99 and a debt-to-equity ratio of 1.18.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Commonwealth Equity Services LLC grew its position in Installed Building Products by 8.3% during the fourth quarter. Commonwealth Equity Services LLC now owns 5,266 shares of the construction company’s stock worth $923,000 after buying an additional 405 shares in the last quarter. Principal Financial Group Inc. raised its holdings in Installed Building Products by 3.6% in the 4th quarter. Principal Financial Group Inc. now owns 126,872 shares of the construction company’s stock valued at $22,234,000 after acquiring an additional 4,467 shares in the last quarter. Smartleaf Asset Management LLC lifted its position in shares of Installed Building Products by 295.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 364 shares of the construction company’s stock worth $64,000 after acquiring an additional 272 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of Installed Building Products by 112.6% during the 4th quarter. JPMorgan Chase & Co. now owns 153,772 shares of the construction company’s stock worth $26,949,000 after purchasing an additional 81,455 shares in the last quarter. Finally, Moody Aldrich Partners LLC grew its holdings in shares of Installed Building Products by 28.3% during the 4th quarter. Moody Aldrich Partners LLC now owns 20,729 shares of the construction company’s stock worth $3,633,000 after purchasing an additional 4,568 shares in the last quarter. Institutional investors own 99.61% of the company’s stock.

Installed Building Products Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be given a $0.37 dividend. The ex-dividend date is Friday, June 13th. This represents a $1.48 annualized dividend and a yield of 0.86%. Installed Building Products’s dividend payout ratio is 16.88%.

Installed Building Products Company Profile

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.