Equities Analysts Issue Forecasts for IBP Q1 Earnings

Installed Building Products, Inc. (NYSE:IBP) – Equities researchers at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for shares of Installed Building Products in a report released on Friday, February 28th. DA Davidson analyst K. Yinger anticipates that the construction company will post earnings of $2.05 per share for the quarter. DA Davidson currently 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.

Several other research firms have also recently issued reports on IBP. JPMorgan Chase & Co. raised their price target on shares of Installed Building Products from $236.00 to $241.00 and gave the stock a “neutral” rating in a research note on Friday, November 22nd. The Goldman Sachs Group cut their price target on Installed Building Products from $262.00 to $228.00 and set a “buy” rating for the company in a report on Tuesday, January 14th. Royal Bank of Canada cut Installed Building Products from a “sector perform” rating to an “underperform” rating and decreased their price objective for the stock from $203.00 to $197.00 in a report on Friday, November 8th. Seaport Res Ptn downgraded Installed Building Products from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 13th. Finally, StockNews.com lowered shares of Installed Building Products from a “buy” rating to a “hold” rating in a report on Friday, February 28th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the stock. According to MarketBeat, Installed Building Products currently has an average rating of “Hold” and a consensus price target of $219.40.

Installed Building Products Stock Performance

NYSE IBP opened at $166.18 on Monday. The company has a quick ratio of 2.50, a current ratio of 2.99 and a debt-to-equity ratio of 1.18. The stock has a market cap of $4.68 billion, a price-to-earnings ratio of 18.46 and a beta of 1.99. Installed Building Products has a fifty-two week low of $159.76 and a fifty-two week high of $281.04. The business has a fifty day moving average of $182.67 and a 200-day moving average of $207.99.

Hedge Funds Weigh In On Installed Building Products

Institutional investors and hedge funds have recently bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Installed Building Products during the third quarter worth about $414,000. Nisa Investment Advisors LLC raised its holdings in Installed Building Products by 6.0% in the third quarter. Nisa Investment Advisors LLC now owns 3,577 shares of the construction company’s stock valued at $881,000 after acquiring an additional 201 shares in the last quarter. US Bancorp DE boosted its stake in Installed Building Products by 148.4% during the 3rd quarter. US Bancorp DE now owns 2,809 shares of the construction company’s stock valued at $692,000 after acquiring an additional 1,678 shares during the last quarter. New York State Common Retirement Fund grew its holdings in Installed Building Products by 29.3% during the 3rd quarter. New York State Common Retirement Fund now owns 92,077 shares of the construction company’s stock worth $22,676,000 after acquiring an additional 20,860 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its position in shares of Installed Building Products by 9.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,782 shares of the construction company’s stock worth $439,000 after purchasing an additional 160 shares during the last quarter. Hedge funds and other institutional investors own 99.61% of the company’s stock.

Installed Building Products Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a $0.37 dividend. This is an increase from Installed Building Products’s previous quarterly dividend of $0.35. The ex-dividend date is Friday, March 14th. This represents a $1.48 annualized dividend and a dividend yield of 0.89%. Installed Building Products’s dividend payout ratio is presently 16.26%.

About Installed Building Products

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.