What is DA Davidson’s Estimate for IBP Q1 Earnings?

Installed Building Products, Inc. (NYSE:IBP) – DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for Installed Building Products in a research note issued to investors on Friday, February 28th. DA Davidson analyst K. Yinger anticipates 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 objective on the stock. The consensus estimate for Installed Building Products’ current full-year earnings is $10.66 per share.

A number of other brokerages have also weighed in on IBP. Royal Bank of Canada lowered shares of 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. JPMorgan Chase & Co. boosted their target price on shares of Installed Building Products from $236.00 to $241.00 and gave the company a “neutral” rating in a report on Friday, November 22nd. Truist Financial cut 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. Seaport Res Ptn lowered Installed Building Products from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 13th. Finally, The Goldman Sachs Group cut their target price on Installed Building Products from $262.00 to $228.00 and set a “buy” rating for the company in a research note on Tuesday, January 14th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $224.90.

Installed Building Products Stock Down 5.1 %

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

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of IBP. Jefferies Financial Group Inc. bought a new position in Installed Building Products during the 4th quarter worth approximately $823,000. Ascent Group LLC increased its position in shares of Installed Building Products by 18.6% in the fourth quarter. Ascent Group LLC now owns 23,357 shares of the construction company’s stock valued at $4,093,000 after acquiring an additional 3,671 shares during the period. McIlrath & Eck LLC raised its stake in shares of Installed Building Products by 32.3% during the fourth quarter. McIlrath & Eck LLC now owns 250 shares of the construction company’s stock valued at $44,000 after acquiring an additional 61 shares during the last quarter. Mpwm Advisory Solutions LLC bought a new stake in shares of Installed Building Products in the fourth quarter worth about $90,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Installed Building Products by 5.3% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 103,901 shares of the construction company’s stock valued at $18,209,000 after purchasing an additional 5,194 shares during the period. Hedge funds and other institutional investors 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. Shareholders of record on Friday, March 14th will be paid a $0.37 dividend. The ex-dividend date of this dividend is Friday, March 14th. This is an increase from Installed Building Products’s previous quarterly dividend of $0.35. This represents a $1.48 annualized dividend and a yield of 0.91%. Installed Building Products’s payout ratio is currently 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.