Q1 Earnings Forecast for IBP Issued By DA Davidson

Installed Building Products, Inc. (NYSE:IBP) – DA Davidson issued their Q1 2025 earnings estimates for shares of Installed Building Products in a research report issued to clients and investors on Friday, February 28th. DA Davidson analyst K. Yinger forecasts that the construction company will earn $2.05 per share for the quarter. DA Davidson has a “Buy” rating and a $225.00 price objective on the stock. The consensus estimate for Installed Building Products’ current full-year earnings is $10.66 per share.

IBP has been the subject of a number of other reports. Truist Financial decreased their price target on Installed Building Products from $240.00 to $180.00 and set a “hold” rating for the company in a report on Monday. JPMorgan Chase & Co. lifted their target price on Installed Building Products from $236.00 to $241.00 and gave the stock a “neutral” rating in a report on Friday, November 22nd. StockNews.com cut Installed Building Products from a “buy” rating to a “hold” rating in a report on Friday. Royal Bank of Canada lowered shares of Installed Building Products from a “sector perform” rating to an “underperform” rating and lowered their price objective for the company from $203.00 to $197.00 in a research note on Friday, November 8th. Finally, Evercore ISI lowered shares of Installed Building Products from an “outperform” rating to an “underperform” rating and cut their target price for the stock from $238.00 to $206.00 in a research note on Monday, December 16th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $224.90.

Installed Building Products Trading Down 5.1 %

IBP opened at $162.58 on Monday. Installed Building Products has a twelve month low of $161.64 and a twelve month high of $281.04. The company has a fifty day moving average of $183.20 and a 200-day moving average of $208.62. The stock has a market cap of $4.58 billion, a PE ratio of 18.06 and a beta of 1.99. The company has a quick ratio of 2.50, a current ratio of 2.99 and a debt-to-equity ratio of 1.18.

Hedge Funds Weigh In On Installed Building Products

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

Installed Building Products Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be issued a dividend of $0.37 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.48 annualized dividend and a yield of 0.91%. This is an increase from Installed Building Products’s previous quarterly dividend of $0.35. Installed Building Products’s dividend payout ratio is 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.