Installed Building Products, Inc. (NYSE:IBP – Free Report) – Analysts at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for shares of Installed Building Products in a research note issued to investors on Friday, February 28th. DA Davidson analyst K. Yinger expects that the construction company will post earnings per share of $2.05 for the quarter. 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.
Other equities research analysts also recently issued reports about the stock. The Goldman Sachs Group dropped their price objective on shares of Installed Building Products from $262.00 to $228.00 and set a “buy” rating on the stock in a research report on Tuesday, January 14th. Royal Bank of Canada lowered Installed Building Products from a “sector perform” rating to an “underperform” rating and cut their target price for the stock from $203.00 to $197.00 in a research report on Friday, November 8th. Loop Capital reduced their target price on Installed Building Products from $230.00 to $215.00 and set a “buy” rating for the company in a report on Tuesday. Evercore ISI downgraded Installed Building Products from an “outperform” rating to an “underperform” rating and dropped their price target for the stock from $238.00 to $206.00 in a research note on Monday, December 16th. Finally, Seaport Res Ptn lowered shares of Installed Building Products from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 13th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, Installed Building Products presently has a consensus rating of “Hold” and a consensus target price of $219.40.
Installed Building Products Price Performance
Shares of NYSE IBP opened at $166.18 on Monday. Installed Building Products has a 1-year low of $159.76 and a 1-year high of $281.04. The company has a market cap of $4.68 billion, a price-to-earnings ratio of 18.46 and a beta of 1.99. The company has a debt-to-equity ratio of 1.18, a current ratio of 2.99 and a quick ratio of 2.50. The stock’s 50-day moving average is $182.67 and its two-hundred day moving average is $207.99.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC acquired a new position in shares of Installed Building Products during the 3rd quarter worth $414,000. Nisa Investment Advisors LLC grew its position in Installed Building Products by 6.0% during the third quarter. Nisa Investment Advisors LLC now owns 3,577 shares of the construction company’s stock worth $881,000 after buying an additional 201 shares during the period. US Bancorp DE increased its holdings in Installed Building Products by 148.4% in the third quarter. US Bancorp DE now owns 2,809 shares of the construction company’s stock valued at $692,000 after buying an additional 1,678 shares in the last quarter. New York State Common Retirement Fund lifted its position in shares of 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 valued at $22,676,000 after acquiring an additional 20,860 shares during the period. Finally, Farther Finance Advisors LLC boosted its stake in shares of Installed Building Products by 9.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,782 shares of the construction company’s stock worth $439,000 after acquiring an additional 160 shares in the last quarter. Institutional investors and hedge funds own 99.61% of the company’s stock.
Installed Building Products Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a $0.37 dividend. This is a boost from Installed Building Products’s previous quarterly dividend of $0.35. This represents a $1.48 annualized dividend and a dividend yield of 0.89%. The ex-dividend date is Friday, March 14th. Installed Building Products’s dividend payout ratio (DPR) is currently 16.26%.
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.
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