Research Analysts Set Expectations for IBP FY2025 Earnings

Installed Building Products, Inc. (NYSE:IBP) – Stock analysts at DA Davidson cut their FY2025 EPS estimates for shares of Installed Building Products in a report released on Friday, May 9th. DA Davidson analyst K. Yinger now anticipates that the construction company will post earnings of $9.40 per share for the year, down from their previous estimate of $10.09. DA Davidson currently has a “Buy” rating and a $225.00 target price 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 announced its quarterly earnings results on Thursday, May 8th. The construction company reported $2.08 EPS for the quarter, missing analysts’ consensus estimates of $2.23 by ($0.15). Installed Building Products had a return on equity of 43.56% and a net margin of 8.74%. The business had revenue of $684.80 million for the quarter, compared to the consensus estimate of $681.34 million. During the same quarter in the prior year, the business earned $2.47 EPS. The firm’s revenue for the quarter was down 1.2% on a year-over-year basis.

Several other analysts have also weighed in on the stock. Benchmark dropped their price objective on shares of Installed Building Products from $210.00 to $185.00 and set a “buy” rating for the company in a report on Friday, May 9th. Deutsche Bank Aktiengesellschaft initiated coverage on Installed Building Products in a report on Tuesday, April 1st. They set a “hold” rating and a $183.00 price target for the company. StockNews.com lowered Installed Building Products from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Truist Financial decreased their target price on Installed Building Products from $240.00 to $180.00 and set a “hold” rating on the stock in a report on Monday, March 3rd. Finally, Loop Capital cut their price target on Installed Building Products from $210.00 to $200.00 and set a “buy” rating for the company in a report on Monday. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $212.45.

Installed Building Products Price Performance

Shares of IBP stock opened at $171.47 on Monday. The firm has a market cap of $4.73 billion, a price-to-earnings ratio of 19.05 and a beta of 1.85. The stock’s fifty day simple moving average is $168.72 and its 200 day simple moving average is $185.97. Installed Building Products has a one year low of $151.27 and a one year high of $281.04. The company has a debt-to-equity ratio of 1.18, a current ratio of 2.99 and a quick ratio of 2.50.

Institutional Investors Weigh In On Installed Building Products

Institutional investors and hedge funds have recently modified their holdings of the business. Curio Wealth LLC acquired a new stake in Installed Building Products during the 4th quarter worth $30,000. UMB Bank n.a. boosted its position in shares of Installed Building Products by 142.1% in the 1st quarter. UMB Bank n.a. now owns 184 shares of the construction company’s stock worth $32,000 after purchasing an additional 108 shares during the last quarter. Fifth Third Bancorp grew its stake in shares of Installed Building Products by 74.6% during the first quarter. Fifth Third Bancorp now owns 227 shares of the construction company’s stock worth $39,000 after purchasing an additional 97 shares during the period. McIlrath & Eck LLC increased its holdings in Installed Building Products by 32.3% in the fourth quarter. McIlrath & Eck LLC now owns 250 shares of the construction company’s stock valued at $44,000 after purchasing an additional 61 shares during the last quarter. Finally, Smartleaf Asset Management LLC lifted its stake in Installed Building Products by 295.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 364 shares of the construction company’s stock valued at $64,000 after buying an additional 272 shares during the period. 99.61% of the stock is owned by institutional investors.

Installed Building Products Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be paid a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 0.86%. The ex-dividend date is Friday, June 13th. Installed Building Products’s dividend payout ratio (DPR) is presently 16.88%.

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.